CNB Financial Corporation (CCNE) Stock

CNB Financial Corporation (CCNE) is a Financials stock trading at $33.85 (as of 2026-08-21), with a market capitalization of $1.00B and a trailing P/E of 10.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CNB Financial Corporation is a bank holding company for CNB Bank, offering deposit products such as checking, savings, and time deposits, along with lending including real estate, commercial, industrial, residential, and consumer loans. It also provides wealth and asset management (including trust and retirement/benefit plan administration) and other financial services to individual, business, governmental, and institutional customers.

Understand CNB Financial Corporation: how it makes money

CNB Financial Corporation is the bank holding company for CNB Bank, which takes checking, savings, and time deposits, makes real estate, commercial, industrial, residential, and consumer loans, and provides wealth and asset management services, generating returns from its banking and wealth activities.

For a community bank, earnings largely depend on the interest spread, how much it earns on its loan book relative to the cost of interest-bearing deposits, and the portfolio mix is a key input to that spread and associated credit risk.

Business quality (Strong): Operating margin in the latest reported quarter was 29.6%, while the reported operating KPIs emphasize deposit funding cost and portfolio mix, which are central to how bank earnings can hold up in changing rate and credit conditions.

Valuation: At 11× earnings, CCNE trades 12% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Deposit funding structure is tracked by cost: The latest quarter reports Average Cost of Interest-Bearing Deposits at 3.1%, a direct driver of funding economics for loan profitability.
Loan and customer mix is diversified across major categories: The company offers real estate, commercial and industrial, residential, and consumer loans, and its Commercial Loan Portfolio Composition is reported at 38.5%.
Funding mix information is available to assess stability: The company reports Savings Deposit Mix at 54.4% and Time Deposits Deposit Mix at 15.6%, which can help investors gauge how much of funding may reprice versus stay steady.

Bear case

Bank earnings can be sensitive to deposit repricing: Because profitability relies on the cost of interest-bearing deposits, changes that raise deposit costs can pressure earnings even if loan demand holds up.
Loan mix can affect credit outcomes: With Commercial Loan Portfolio Composition at 38.5%, adverse trends in commercial credit could have an outsized impact on performance.
Deposit mix shifts may change funding economics: A higher share of time deposits or other repricing-prone funding could lift the average cost of deposits, pressuring the interest spread.

Valuation — source: SEC EDGAR (first-party)
Price	$33.85
Market Cap	$1.00B
P/E Ratio	10.4
EV / EBITDA	5.6
Price / Book	1.10
Price / Sales	2.22
FCF Yield	8.5%
DCF Value (model)	$39.25
DCF Upside vs Price	16.0%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$392.35M
Net Margin	16.9%
Revenue Growth (YoY)	34.8%
EPS Growth (YoY)	50.8%
FCF Growth (YoY)	101.4%

Valuation vs Sector & Industry
Stock P/E	10.4
Sector P/E (Financials)	15.1
Industry P/E (Banking)	13.0
vs Sector	-30.8%
vs Industry	-19.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	WELLINGTON MANAGEMENT GROUP LLP ($72.75M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Michael D. Peduzzi
Employees	769
Country	US
IPO Date	1994-04-04

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.