Thursday, March 7, 2019

CNB Financial Corp (CCNE) Files 10-K for the Fiscal Year Ended on December 31, 2018

CNB Financial Corp (NASDAQ:CCNE) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. CNB Financial Corp is a financial holding company. The company engaged in providing banking activities and services including checking, savings, and time deposit accounts, real estate, commercial, industrial, residential and consumer loans. CNB Financial Corp has a market cap of $419.300 million; its shares were traded at around $27.50 with a P/E ratio of 12.52 and P/S ratio of 3.47. The dividend yield of CNB Financial Corp stocks is 2.45%.

For the last quarter CNB Financial Corp reported a revenue of $31.9 million, compared with the revenue of $27.23 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $122.8 million, an increase of 11.3% from last year. For the last five years CNB Financial Corp had an average revenue growth rate of 9.8% a year.

The reported diluted earnings per share was $2.21 for the year, an increase of 40.8% from previous year. Over the last five years CNB Financial Corp had an EPS growth rate of 7.6% a year. The profitability rank of the company is 3 (out of 10).

At the current stock price of $27.50, CNB Financial Corp is traded at 17.3% premium to its historical median P/S valuation band of $23.44. The P/S ratio of the stock is 3.47, while the historical median P/S ratio is 2.98. The stock lost 1% during the past 12 months.

For the complete 20-year historical financial data of CCNE, click here.

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