CNB Financial (NASDAQ:CCNE) Hits New 52-Week High – Should You Buy?

Posted by George Bondi on Jun 17th, 2026

CNB Financial Corporation (NASDAQ:CCNE – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $33.10 and last traded at $32.9150, with a volume of 243700 shares. The stock had previously closed at $32.80.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CCNE shares. Wall Street Zen raised shares of CNB Financial from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of CNB Financial in a research report on Tuesday, June 9th. DA Davidson started coverage on shares of CNB Financial in a research report on Friday, May 15th. They set a “neutral” rating and a $34.00 target price on the stock. Finally, Keefe, Bruyette & Woods raised their target price on shares of CNB Financial from $30.00 to $34.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.33.

Check Out Our Latest Stock Analysis on CCNE

CNB Financial Stock Performance

The firm has a market cap of $954.38 million, a PE ratio of 11.46 and a beta of 0.64. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average price is $30.84 and its 200 day moving average price is $28.80.

CNB Financial (NASDAQ:CCNE – Get Free Report) last released its quarterly earnings results on Monday, April 20th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.06. CNB Financial had a net margin of 17.62% and a return on equity of 12.14%. The firm had revenue of $83.32 million for the quarter, compared to the consensus estimate of $79.35 million. As a group, equities analysts forecast that CNB Financial Corporation will post 3.53 earnings per share for the current fiscal year.

CNB Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.76 annualized dividend and a yield of 2.4%. CNB Financial’s payout ratio is 27.05%.

Institutional Investors Weigh In On CNB Financial

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pinnacle Holdings LLC bought a new stake in shares of CNB Financial in the 3rd quarter worth about $1,213,000. Stieven Capital Advisors L.P. boosted its stake in CNB Financial by 58.2% during the 3rd quarter. Stieven Capital Advisors L.P. now owns 461,373 shares of the bank’s stock valued at $11,165,000 after purchasing an additional 169,683 shares during the period. PNC Financial Services Group Inc. boosted its stake in CNB Financial by 78.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 41,220 shares of the bank’s stock valued at $998,000 after purchasing an additional 18,131 shares during the period. American Century Companies Inc. boosted its stake in CNB Financial by 11.4% during the 3rd quarter. American Century Companies Inc. now owns 605,374 shares of the bank’s stock valued at $14,650,000 after purchasing an additional 61,898 shares during the period. Finally, Oppenheimer & Close LLC acquired a new position in CNB Financial during the 3rd quarter valued at about $1,782,000. 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.