CNB Financial Statements From 2010 to 2024

CCNE Stock  USD 18.31  0.26  1.44%   
CNB Financial financial statements provide useful quarterly and yearly information to potential CNB Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CNB Financial financial statements helps investors assess CNB Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CNB Financial's valuation are summarized below:
Gross Profit
215.8 M
Profit Margin
0.251
Market Capitalization
388.1 M
Revenue
215.6 M
Earnings Share
2.55
There are over one hundred nineteen available fundamental measures for CNB Financial, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of CNB Financial's latest performance against the performance from 2010 to 2024 to make sure the company is sustainable in the future. The current year's Market Cap is expected to grow to about 244.3 M, whereas Enterprise Value is forecasted to decline to about 91 M.

CNB Financial Total Revenue

343.38 Million

Check CNB Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNB main balance sheet or income statement drivers, such as Depreciation And Amortization of 79.8 K, Interest Expense of 5.8 M or Selling General Administrative of 78.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.0405 or PTB Ratio of 0.79. CNB financial statements analysis is a perfect complement when working with CNB Financial Valuation or Volatility modules.
  
This module can also supplement CNB Financial's financial leverage analysis and stock options assessment as well as various CNB Financial Technical models . Check out the analysis of CNB Financial Correlation against competitors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.

CNB Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB5.8 B3.3 B
Slightly volatile
Short and Long Term Debt Total126.8 M104.9 M172.8 M
Pretty Stable
Total Stockholder Equity599.8 M571.2 M297 M
Slightly volatile
Property Plant And Equipment Net114.9 M109.4 M58.1 M
Slightly volatile
Retained Earnings363.2 M345.9 M178.8 M
Slightly volatile
Cash233.1 M222 M153.3 M
Slightly volatile
Non Current Assets Total5.8 B5.5 B1.3 B
Slightly volatile
Other Assets4.8 B4.6 B2.2 B
Slightly volatile
Common Stock Shares Outstanding13 M20.9 M14.6 M
Slightly volatile
Liabilities And Stockholders EquityB5.8 B3.3 B
Slightly volatile
Non Current Liabilities Total3.8 B3.6 B652.6 M
Slightly volatile
Total Liabilities5.4 B5.2 B2.9 B
Slightly volatile
Property Plant And Equipment Gross189.1 M180.1 M76 M
Slightly volatile
Total Current Assets425.1 M224.2 M740.6 M
Pretty Stable
Net Receivables4.6 B4.4 B626.1 M
Slightly volatile
Total Current Liabilities1.6 B1.5 B382.8 M
Pretty Stable
Accounts Payable56 M59 M122.5 M
Slightly volatile
Other Current Assets212.9 M224.2 M756.8 M
Pretty Stable
Other Liabilities57.2 M54.5 M35.2 M
Slightly volatile
Long Term Debt82.5 M104.9 M77.7 M
Slightly volatile
Short Term Investments375.3 M342 M509.4 M
Very volatile
Intangible Assets1.7 M1.8 M2.4 M
Slightly volatile
Property Plant Equipment121.8 M116 M56.8 M
Slightly volatile
Good Will26.5 M43.9 M31.4 M
Slightly volatile
Net Tangible Assets518.3 M493.6 M254.1 M
Slightly volatile
Long Term Debt Total64.4 M120.3 M58 M
Slightly volatile
Capital Surpluse267.5 M254.8 M115.8 M
Slightly volatile
Long Term Investments992.7 M740.2 M1.2 B
Very volatile
Non Current Liabilities Other161.4 M97.8 M140 M
Very volatile
Earning Assets589.8 M674.1 M570.8 M
Slightly volatile
Net Invested Capital628.7 M618.3 M575.5 M
Pretty Stable
Capital Lease Obligations28.9 M37.6 M22.3 M
Slightly volatile
Capital Stock46.2 M52 M56.6 M
Slightly volatile

CNB Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization79.8 K84 K1.2 M
Very volatile
Interest Expense5.8 M6.1 M17.6 M
Pretty Stable
Selling General Administrative78.7 M74.9 M42.1 M
Slightly volatile
Total Revenue343.4 M327 M139.1 M
Slightly volatile
Gross Profit343.4 M327 M139.1 M
Slightly volatile
Operating Income123.5 M117.6 M59.6 M
Slightly volatile
EBITDA79.8 K84 K45 M
Very volatile
Income Before Tax75.4 M71.8 M41.6 M
Slightly volatile
Net Income60.9 M58 M32.6 M
Slightly volatile
Income Tax Expense14.5 M13.8 MM
Slightly volatile
Net Income Applicable To Common Shares71.1 M67.7 M33.4 M
Slightly volatile
Selling And Marketing Expenses1.8 M3.1 M1.8 M
Slightly volatile
Net Income From Continuing Ops36 M59.9 M31.8 M
Slightly volatile
Non Recurring404.1 K558.9 K414.2 K
Slightly volatile
Tax Provision11.4 M14.6 M9.7 M
Slightly volatile
Net Interest Income139.3 M192.5 M110.2 M
Slightly volatile
Interest Income172.3 M276.5 M134.5 M
Slightly volatile
Reconciled Depreciation5.6 M7.1 M5.2 M
Very volatile

CNB Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow19.5 M36.1 M29.5 M
Slightly volatile
Begin Period Cash Flow84.4 M106.3 M130.8 M
Slightly volatile
Other Cashflows From Financing Activities176.1 M243.9 M272 M
Slightly volatile
Depreciation8.1 M7.7 M4.7 M
Slightly volatile
Capital Expenditures11.5 M11 M6.6 M
Slightly volatile
Total Cash From Operating Activities24.6 M47 M35.7 M
Slightly volatile
Net Income60.9 M58 M32.6 M
Slightly volatile
Total Cash From Financing Activities149.1 M218.2 M207.5 M
Slightly volatile
End Period Cash Flow233.1 M222 M153.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.371.4444.0196
Slightly volatile
Dividend Yield0.04050.04020.0348
Very volatile
PTB Ratio0.790.82671.2674
Slightly volatile
Days Sales Outstanding5.2 K4.9 K763
Slightly volatile
Book Value Per Share28.6927.327218.1973
Slightly volatile
Free Cash Flow Yield0.05840.07630.0907
Pretty Stable
Invested Capital0.180.18830.8079
Pretty Stable
Operating Cash Flow Per Share1.352.24952.3247
Slightly volatile
PB Ratio0.790.82671.2674
Slightly volatile
Free Cash Flow Per Share1.051.72461.9185
Pretty Stable
ROIC0.170.120.1061
Pretty Stable
Net Income Per Share2.912.77552.0032
Slightly volatile
Sales General And Administrative To Revenue0.220.22920.4342
Slightly volatile
Cash Per Share16.9526.980539.2853
Pretty Stable
POCF Ratio12.7110.04239.4756
Pretty Stable
Interest Coverage4.013.822.9499
Slightly volatile
Payout Ratio0.550.32740.409
Slightly volatile
PFCF Ratio19.7613.098713.3277
Pretty Stable
Income Quality1.450.81051.333
Slightly volatile
ROE0.120.10160.1114
Pretty Stable
PE Ratio15.258.138912.1286
Slightly volatile
Return On Tangible Assets0.01120.01020.01
Very volatile
Earnings Yield0.06260.12290.0886
Slightly volatile
Intangibles To Total Assets0.01510.00790.0123
Slightly volatile
Current Ratio0.140.146318.7081
Pretty Stable
Tangible Book Value Per Share21.5225.140625.2294
Pretty Stable
Receivables Turnover0.07020.07393.7127
Pretty Stable
Graham Number43.3841.310728.5662
Slightly volatile
Shareholders Equity Per Share28.6927.327218.1973
Slightly volatile
Debt To Equity0.180.18830.8079
Pretty Stable
Revenue Per Share16.4315.64448.3517
Slightly volatile
Interest Debt Per Share9.195.436414.493
Very volatile
Debt To Assets0.01780.01870.0687
Pretty Stable
Short Term Coverage Ratios18.5717.68457.0616
Slightly volatile
Price Earnings Ratio15.258.138912.1286
Slightly volatile
Price Book Value Ratio0.790.82671.2674
Slightly volatile
Dividend Payout Ratio0.550.32740.409
Slightly volatile
Price To Operating Cash Flows Ratio12.7110.04239.4756
Pretty Stable
Price To Free Cash Flows Ratio19.7613.098713.3277
Pretty Stable
Pretax Profit Margin0.210.21960.4386
Slightly volatile
Ebt Per Ebit0.370.690.6287
Slightly volatile
Operating Profit Margin0.510.540.8622
Slightly volatile
Effective Tax Rate0.260.19220.2372
Slightly volatile
Company Equity Multiplier9.1610.070911.278
Pretty Stable
Long Term Debt To Capitalization0.150.15510.3536
Slightly volatile
Total Debt To Capitalization0.150.15840.3851
Slightly volatile
Return On Capital Employed0.03370.02220.0218
Slightly volatile
Debt Equity Ratio0.180.18830.8079
Pretty Stable
Ebit Per Revenue0.510.540.8622
Slightly volatile
Quick Ratio3.093.25514.9306
Pretty Stable
Net Income Per E B T0.610.80780.7541
Pretty Stable
Cash Ratio0.140.14492.9352
Pretty Stable
Operating Cash Flow Sales Ratio0.140.14380.4316
Slightly volatile
Days Of Sales Outstanding5.2 K4.9 K763
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.560.76670.7771
Very volatile
Cash Flow Coverage Ratios0.360.43720.3471
Pretty Stable
Price To Book Ratio0.790.82671.2674
Slightly volatile
Fixed Asset Turnover1.622.98932.1473
Pretty Stable
Price Cash Flow Ratio12.7110.04239.4756
Pretty Stable
Debt Ratio0.01780.01870.0687
Pretty Stable
Cash Flow To Debt Ratio0.360.43720.3471
Pretty Stable
Price Sales Ratio1.371.4444.0196
Slightly volatile
Return On Assets0.01110.01010.0099
Very volatile
Asset Turnover0.03020.05680.0363
Slightly volatile
Net Profit Margin0.170.17740.3355
Slightly volatile
Gross Profit Margin0.790.90.9787
Slightly volatile
Price Fair Value0.790.82671.2674
Slightly volatile
Return On Equity0.120.10160.1114
Pretty Stable
Operating Cycle109122133
Slightly volatile
Cash Conversion Cycle109122133
Slightly volatile

CNB Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap244.3 M232.7 M241.9 M
Slightly volatile
Enterprise Value91 M153.9 M155.8 M
Very volatile

CNB Fundamental Market Drivers

Forward Price Earnings8.058
Cash And Short Term Investments-54.8 M

CNB Upcoming Events

15th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About CNB Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CNB Financial income statement, its balance sheet, and the statement of cash flows. CNB Financial investors use historical funamental indicators, such as CNB Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although CNB Financial investors may use each financial statement separately, they are all related. The changes in CNB Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CNB Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CNB Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CNB Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue49.8 M30.2 M
Total Revenue327 M343.4 M
Cost Of Revenue 0.00  0.00 
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.23  0.22 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.03)(0.04)
Revenue Per Share 15.64  16.43 
Ebit Per Revenue 0.54  0.51 

Pair Trading with CNB Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNB Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNB Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CNB Stock

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Moving against CNB Stock

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The ability to find closely correlated positions to CNB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNB Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNB Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNB Financial to buy it.
The correlation of CNB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNB Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNB Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CNB Financial is a strong investment it is important to analyze CNB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CNB Financial's future performance. For an informed investment choice regarding CNB Stock, refer to the following important reports:
Check out the analysis of CNB Financial Correlation against competitors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running CNB Financial's price analysis, check to measure CNB Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNB Financial is operating at the current time. Most of CNB Financial's value examination focuses on studying past and present price action to predict the probability of CNB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNB Financial's price. Additionally, you may evaluate how the addition of CNB Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNB Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNB Financial. If investors know CNB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
0.525
Earnings Share
2.55
Revenue Per Share
10.339
Quarterly Revenue Growth
(0.03)
The market value of CNB Financial is measured differently than its book value, which is the value of CNB that is recorded on the company's balance sheet. Investors also form their own opinion of CNB Financial's value that differs from its market value or its book value, called intrinsic value, which is CNB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNB Financial's market value can be influenced by many factors that don't directly affect CNB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.