CCNE CNB Financial Corp Dashboard

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $4.7 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division, one loan production office, one drive-up office and 44 full-service offices in Pennsylvania, Ohio, and New York. CNB Bank's divisions include ERIEBANK, based in Erie, Pennsylvania, with offices in northwest Pennsylvania and northeast Ohio; FCBank, based in Worthington, Ohio, with offices in central Ohio; and BankOnBuffalo, based in Buffalo, New York, with offices in northern New York. CNB Bank is headquartered in Clearfield, Pennsylvania, with offices in central and north central Pennsylvania.

Company profile

Ticker

CCNE, CCNEP

Exchange

NASDAQ

Website

www.bankcnb.com

CEO

Joseph Bower

Incorporated

Pennsylvania

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Fifth Third Bancorp • Northern Trust • M & T Bank • Popular • Ally Financial • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

SEC CIK

0000736772

Corporate docs

Articles of Incorporation & Bylaws

IRS number

251450605

CCNE stock data

S&P 500

1M 1Y 2Y 5Y

News

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CNB Financial Q2 EPS $0.76 Up From $0.56 YoY

20 Jul 21

CNB Financial (NASDAQ:CCNE) reported quarterly earnings of $0.76 per share. This is a 35.71 percent increase over earnings of $0.56 per share from the same period last year.

Press releases

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CNB Financial Corporation Reports Second Quarter 2021 Earnings Per Share of $0.76 Compared to $0.54 for Second Quarter 2020

20 Jul 21

CLEARFIELD, Pa., July 20, 2021 (GLOBE NEWSWIRE) -- CNB Financial Corporation ("CNB" or the "Corporation") (NASDAQ:CCNE), the parent company of CNB Bank, today announced its earnings for the quarter ended June 30, 2021.

CNB Financial Corporation Announces Closing of $85 Million of 3.25% Fixed-to-Floating Rate Subordinated Notes

3 Jun 21

CLEARFIELD, Pa., June 03, 2021 (GLOBE NEWSWIRE) -- CNB Financial Corporation ("CNB" or the "Corporation") (NASDAQ:CCNE), the parent company of CNB Bank, announced today that it has completed a private placement of $85

CNB Financial Announces Quarterly Dividend For Common Stock

13 May 21

CLEARFIELD, Pa., May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (NASDAQ:CCNE) (the "Corporation") has announced the declaration of a $0.17 per share of common stock

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

6 May 21

3 Aug 21

31 Dec 21

Financial summary

Financial statements Chart CCNE financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

CCNE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Jun 21	Scott Nicholas N. Jr.	common stock	Buy	Aquire P	No	No	24307	4,600	111.81M	23,730.9
11 Jun 21	Scott Nicholas N. Jr.	common stock	Buy	Aquire P	No	No	24.33	55.259	1.34K	19,130.9
11 Jun 21	Young Julie M.	common stock	Buy	Aquire P	No	No	24.33	36.839	896.29	2,098.27
17 May 21	Smith Peter F	common stock	Gift	Dispose G	No	No	0	168.216	0	89,589.37
23 Apr 21	N. Michael Obi	common stock	Buy	Aquire P	No	No	25.21	400	10.08K	734.09

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

CCNE institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

39.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	90	81	+11.1%
Opened positions	16	6	+166.7%
Closed positions	7	18	-61.1%
Increased positions	23	34	-32.4%
Reduced positions	36	26	+38.5%

13F shares	Current	Prev Q	Change
Total value	342.13M	380.93M	-10.2%
Total shares	6.69M	6.62M	+1.1%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	1.01M	$24.89M	+8.1%
Vanguard	765.53K	$18.84M	-2.7%
Dimensional Fund Advisors	630.32K	$15.51M	+1.4%
Wellington Management	553.4K	$13.62M	+0.6%
STT State Street	264.12K	$6.5M	-4.5%
Emerald Advisers	263.18K	$6.48M	-27.2%
Geode Capital Management	244.93K	$6.03M	+4.4%
NTRS Northern Trust	221.24K	$5.44M	-28.4%
Banc Funds	219.16K	$5.39M	+12.3%
SF Stifel Financial	208.1K	$5.12M	-0.4%

Largest transactions	Shares	Bought/sold	Change
Maltese Capital Management	130K	+130K	NEW
Emerald Advisers	263.18K	-98.36K	-27.2%
NTRS Northern Trust	221.24K	-87.68K	-28.4%
BLK Blackrock	1.01M	+75.91K	+8.1%
Cornercap Investment Counsel	50.36K	+50.36K	NEW
Renaissance Technologies	111.6K	-47.1K	-29.7%
Martingale Asset Management L P	40.95K	+40.95K	NEW
Arrowstreet Capital, Limited Partnership	24.97K	-34.29K	-57.9%
Banc Funds	219.16K	+24K	+12.3%
HRT Financial	22.28K	+22.28K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net income was $32.7 million, or $1.97 per diluted common share, for the year ended December 31, 2020. Pre-tax pre-provision ("PTPP") income was $55.4 million, for the twelve months ended December 31, 2020. Excluding after-tax merger costs related to CNB's acquisition of Bank of Akron, FHLB prepayment penalties and branch closure costs totaling a combined $10.2 million, net income was $42.9 million, or $2.60 per diluted common share, for the year ended December 31, 2020, compared to $40.2 million, or $2.64 per diluted share, for the year ended December 31, 2019, reflecting an increase of $2.7 million, or 6.7%, and a decrease of $0.04 per diluted common share, or 1.5%. For the year ended December 31, 2020, excluding the impact of merger, prepayment penalties and branch closure costs PTPP income was $68.1 million, representing an increase of approximately $13.3 million, or 24.2%, from the same period in 2019.1

Content analysis

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Readability	H.S. sophomore V bad

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From filing 10-Q 2021 Q1