CNB Financial (NASDAQ:CCNE) Upgraded at Wall Street Zen

Posted by on Jul 12th, 2026

CNB Financial (NASDAQ:CCNE – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

A number of other equities research analysts have also weighed in on CCNE. Keefe, Bruyette & Woods boosted their target price on shares of CNB Financial from $30.00 to $34.00 and gave the company a “market perform” rating in a research note on Tuesday, April 21st. Weiss Ratings restated a “buy (b)” rating on shares of CNB Financial in a research note on Tuesday, June 9th. Finally, DA Davidson started coverage on CNB Financial in a report on Friday, May 15th. They issued a “neutral” rating and a $34.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $34.33.

Check Out Our Latest Stock Report on CCNE

CNB Financial Stock Performance

Shares of CCNE stock traded up $0.16 during trading hours on Friday, reaching $33.62. The company had a trading volume of 63,379 shares, compared to its average volume of 194,937. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 0.96. The business has a fifty day moving average price of $31.78 and a 200-day moving average price of $29.58. CNB Financial has a one year low of $21.63 and a one year high of $34.92. The firm has a market cap of $995.82 million, a PE ratio of 11.96 and a beta of 0.63.

CNB Financial (NASDAQ:CCNE – Get Free Report) last issued its quarterly earnings data on Monday, April 20th. The bank reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.06. CNB Financial had a net margin of 17.62% and a return on equity of 12.14%. The company had revenue of $83.32 million for the quarter, compared to the consensus estimate of $79.35 million. Sell-side analysts predict that CNB Financial will post 3.53 earnings per share for the current fiscal year.

Institutional Trading of CNB Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its stake in shares of CNB Financial by 116.1% in the third quarter. Wellington Management Group LLP now owns 1,876,033 shares of the bank’s stock worth $45,400,000 after acquiring an additional 1,007,751 shares during the period. Vanguard Group Inc. raised its stake in CNB Financial by 38.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,572,656 shares of the bank’s stock valued at $38,058,000 after purchasing an additional 435,300 shares during the period. Dimensional Fund Advisors LP lifted its holdings in CNB Financial by 37.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,480,034 shares of the bank’s stock worth $35,817,000 after purchasing an additional 406,167 shares in the last quarter. Maltese Capital Management LLC lifted its holdings in CNB Financial by 228.4% in the 3rd quarter. Maltese Capital Management LLC now owns 478,200 shares of the bank’s stock worth $11,572,000 after purchasing an additional 332,600 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in CNB Financial by 335.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 266,663 shares of the bank’s stock worth $6,453,000 after purchasing an additional 205,464 shares during the period. Hedge funds and other institutional investors own 52.35% of the company’s stock.

CNB Financial Company Profile

(Get Free Report)

CNB Financial Corporation (NASDAQ: CCNE) is a bank holding company headquartered in Clearfield, Pennsylvania. The company operates through its wholly owned subsidiary, CNB Bank & Trust, providing a full suite of community banking services. With a focus on relationship-driven banking, CNB Financial seeks to serve individuals, small businesses and agricultural clients across central Pennsylvania.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.

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Analyst Recommendations for CNB Financial (NASDAQ:CCNE)

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