CNB Financial Corp. (CCNE) Set to Announce Quarterly Earnings on Monday
CNB Financial Corp. (NASDAQ:CCNE) will be issuing its quarterly earnings data on Monday, October 17th. Analysts expect the company to announce earnings of $0.43 per share for the quarter.
CNB Financial Corp. (NASDAQ:CCNE) last issued its earnings results on Thursday, July 21st. The company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by $0.10. CNB Financial Corp. had a net margin of 19.36% and a return on equity of 9.80%. On average, analysts expect CNB Financial Corp. to post $1.55 EPS for the current fiscal year and $1.75 EPS for the next fiscal year.
Shares of CNB Financial Corp. (NASDAQ:CCNE) traded down 1.86% during mid-day trading on Friday, reaching $19.52. 11,835 shares of the company traded hands. The company has a market capitalization of $280.27 million, a P/E ratio of 14.00 and a beta of 0.80. CNB Financial Corp. has a 52-week low of $16.51 and a 52-week high of $21.70. The firm’s 50 day moving average price is $20.42 and its 200-day moving average price is $18.65.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend was Tuesday, August 30th. CNB Financial Corp.’s dividend payout ratio is currently 44.00%.
Separately, Zacks Investment Research downgraded shares of CNB Financial Corp. from a “hold” rating to a “sell” rating in a research note on Monday, July 25th.
CNB Financial Corp. Company Profile
CNB Financial Corporation is a financial holding company. The Company provides a range of banking and related services through its subsidiary, CNB Bank (the Bank). In addition, the Bank provides trust and asset management services, including the administration of trusts and estates, retirement plans and other employee benefit plans, as well as a range of wealth management services.
Receive News & Stock Ratings for CNB Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNB Financial Corp. and related stocks with our FREE daily email newsletter.