CNB Financial (CCNE) to Release Earnings on Thursday

CNB Financial (NASDAQ:CCNE) is scheduled to release its earnings data on Thursday, January 25th. Analysts expect CNB Financial to post earnings of $0.43 per share for the quarter.

CNB Financial (NASDAQ:CCNE) last issued its quarterly earnings data on Thursday, October 19th. The bank reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.08. CNB Financial had a net margin of 20.28% and a return on equity of 10.94%. The business had revenue of $28.55 million during the quarter, compared to analysts’ expectations of $28.52 million. On average, analysts expect CNB Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of CNB Financial (CCNE) opened at $28.38 on Thursday. CNB Financial has a 12 month low of $20.91 and a 12 month high of $29.76. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.11. The firm has a market cap of $433.75, a PE ratio of 16.79 and a beta of 0.85.

Several brokerages have weighed in on CCNE. ValuEngine cut shares of CNB Financial from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 14th. Zacks Investment Research cut shares of CNB Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 20th. BidaskClub cut shares of CNB Financial from a “hold” rating to a “sell” rating in a research note on Saturday, December 16th. Finally, Boenning Scattergood reiterated a “buy” rating on shares of CNB Financial in a research note on Friday, October 20th.

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About CNB Financial

CNB Financial Corporation is a financial holding company. The Company is the holding company of CNB Bank (the Bank); CNB Securities Corporation, which maintains investments in debt and equity securities; CNB Insurance Agency, which provides for the sale of nonproprietary annuities and other insurance products, and Holiday Financial Services Corporation, which offers small balance unsecured loans and secured loans, primarily collateralized by automobiles and equipment.

Earnings History for CNB Financial (NASDAQ:CCNE)

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