CNB Financial Corporation (CCNEP)
CNB Financial Corporation operates in the Banks - Regional industry of the Financial Services sector, headquartered in Clearfield, PA, US. The stock last traded at $24.85, down 0.01% on the session, giving a market capitalisation of $1.03B. On trailing twelve-month figures it carries a trailing P/E of 10.88, a net margin of 20.5%. Its beta of 0.63 implies it has historically moved less than the broad market.
CNB Financial Corporation functions as the parent company for CNB Bank, offering a comprehensive suite of banking and financial services. Its diverse clientele includes individual customers, commercial enterprises, governmental agencies, and institutional organizations. The bank provides various deposit options, such as checking, savings, and time deposit accounts. Additionally, it extends a broad spectrum of loan products, including real estate, commercial, industrial, residential, and consumer loans, alongside a selection of other specialized financial offerings. Beyond core banking, the corporation also delivers wealth and asset management services. These encompass the administration of trusts and estates, management of retirement and employee benefit plans, and general wealth advisory services. Further operations involve investing in both debt and equity securities, distributing third-party annuities and insurance policies, and issuing small balance unsecured loans, as well as secured loans primarily backed by vehicles and equipment. As of February 8, 2022, CNB Financial Corporation's operational network comprised a dedicated private banking division, three loan production offices, a single drive-up facility, and 45 full-service branches located across Pennsylvania, Ohio, New York, and Virginia. The company was established in 1865 and is headquartered in Clearfield, Pennsylvania.
CNB Financial Corporation is most often compared with the following Financial Services names: