CNB Financial Corporation (CCNE)
CNB Financial Corporation operates in the Banks - Regional industry of the Financial Services sector, headquartered in Clearfield, PA, US. The stock last traded at $34.09, up 0.53% on the session, giving a market capitalisation of $1.01B. On trailing twelve-month figures it carries a trailing P/E of 10.89, a net margin of 20.5%. Its beta of 0.61 implies it has historically moved less than the broad market.
CNB Financial Corporation functions as the parent company for CNB Bank, offering a full spectrum of banking products and services to a varied customer base that includes individuals, businesses, government entities, and institutional clients. Its deposit offerings cover checking, savings, and certificates of deposit. The corporation also provides a range of loan products, such as real estate, commercial, industrial, residential, and consumer financing, along with other specialized financial services. Additionally, it delivers wealth and asset management expertise, handling the administration of trusts, estates, retirement plans, and various employee benefit programs, in addition to broader wealth advisory services. The company further diversifies its activities by investing in debt and equity securities, distributing non-proprietary annuities and insurance products, and extending both small unsecured loans and secured loans, primarily collateralized by automobiles and equipment. As of February 8, 2022, CNB Financial Corporation's operations included a private banking division, three loan production offices, one drive-up facility, and 45 full-service branch locations spread across Pennsylvania, Ohio, New York, and Virginia. Founded in 1865, the company's headquarters are situated in Clearfield, Pennsylvania.
CNB Financial Corporation is most often compared with the following Financial Services names: