Financial Analysis: CNB Financial (CCNE) vs. Its Peers
CNB Financial (NASDAQ: CCNE) is one of 309 publicly-traded companies in the “Banks” industry, but how does it compare to its rivals? We will compare CNB Financial to similar companies based on the strength of its risk, dividends, analyst recommendations, earnings, profitability, institutional ownership and valuation.
Risk & Volatility
CNB Financial has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500. Comparatively, CNB Financial’s rivals have a beta of 0.79, indicating that their average stock price is 21% less volatile than the S&P 500.
42.9% of CNB Financial shares are owned by institutional investors. Comparatively, 52.0% of shares of all “Banks” companies are owned by institutional investors. 4.4% of CNB Financial shares are owned by insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
CNB Financial pays an annual dividend of $0.66 per share and has a dividend yield of 2.4%. CNB Financial pays out 39.1% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 34.9% of their earnings in the form of a dividend.
This table compares CNB Financial and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|CNB Financial Competitors||18.61%||8.23%||0.93%|
This is a summary of current recommendations and price targets for CNB Financial and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|CNB Financial Competitors||2249||8756||8755||354||2.36|
As a group, “Banks” companies have a potential downside of 7.46%. Given CNB Financial’s rivals higher possible upside, analysts plainly believe CNB Financial has less favorable growth aspects than its rivals.
Earnings and Valuation
This table compares CNB Financial and its rivals revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|CNB Financial||$112.01 million||$20.54 million||16.28|
|CNB Financial Competitors||$5.50 billion||$827.87 million||394.25|
CNB Financial’s rivals have higher revenue and earnings than CNB Financial. CNB Financial is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
CNB Financial rivals beat CNB Financial on 8 of the 15 factors compared.
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. The Bank is a full service bank engaging in a range of banking activities and services for individual, business, governmental and institutional customers. The Bank’s Wealth & Asset Management Services division offers a range of client services. The Bank’s activities include checking, savings and time deposit accounts; real estate loans, commercial loans, industrial loans, residential loans and consumer loans, and other specialized financial services.
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