CNB FINANCIAL CORP/PA (CCNE)
US1261281075 - Common Stock
Taking everything into account, CCNE scores 3 out of 10 in our fundamental rating. CCNE was compared to 411 industry peers in the Banks industry. Both the profitability and financial health of CCNE have multiple concerns. CCNE has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
CCNE had positive earnings in the past year.
In the past year CCNE had a positive cash flow from operations.
CCNE had positive earnings in each of the past 5 years.
CCNE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CCNE has a Return On Assets (0.93%) which is comparable to the rest of the industry.
With a Return On Equity value of 9.35%, CCNE perfoms like the industry average, outperforming 51.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 9.35% | ||
| ROIC | N/A |
ROA(3y)1%
ROA(5y)0.95%
ROE(3y)10.81%
ROE(5y)10.62%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 23.95%, CCNE is in line with its industry, outperforming 48.42% of the companies in the same industry.
CCNE's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for CCNE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 23.95% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7.36%
PM growth 5Y-2.19%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CCNE does not have a ROIC to compare to the WACC, probably because it is not profitable.
CCNE has less shares outstanding than it did 1 year ago.
CCNE has more shares outstanding than it did 5 years ago.
CCNE has a better debt/assets ratio than last year.
2.2 Solvency
CCNE has a debt to FCF ratio of 2.92. This is a good value and a sign of high solvency as CCNE would need 2.92 years to pay back of all of its debts.
CCNE has a Debt to FCF ratio of 2.92. This is comparable to the rest of the industry: CCNE outperforms 45.99% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that CCNE is not too dependend on debt financing.
CCNE has a Debt to Equity ratio (0.18) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC21.86%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CCNE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.66%.
Measured over the past 5 years, CCNE shows a small growth in Earnings Per Share. The EPS has been growing by 3.08% on average per year.
Looking at the last year, CCNE shows a decrease in Revenue. The Revenue has decreased by -0.57% in the last year.
The Revenue has been growing by 12.18% on average over the past years. This is quite good.
EPS 1Y (TTM)-22.66%
EPS 3Y0.66%
EPS 5Y3.08%
EPS growth Q2Q-11.43%
Revenue 1Y (TTM)-0.57%
Revenue growth 3Y11.09%
Revenue growth 5Y12.18%
Revenue growth Q2Q-5.03%
3.2 Future
The Earnings Per Share is expected to grow by 0.09% on average over the next years.
The Revenue is expected to grow by 4.09% on average over the next years.
EPS Next Y-10.03%
EPS Next 2Y0.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.34%
Revenue Next 2Y4.09%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.55, the valuation of CCNE can be described as very cheap.
CCNE's Price/Earnings ratio is rather cheap when compared to the industry. CCNE is cheaper than 80.29% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.25, CCNE is valued rather cheaply.
A Price/Forward Earnings ratio of 8.40 indicates a reasonable valuation of CCNE.
Based on the Price/Forward Earnings ratio, CCNE is valued a bit cheaper than the industry average as 78.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.67, CCNE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.55 | ||
| Fwd PE | 8.4 |
4.2 Price Multiples
CCNE's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. CCNE is more expensive than 62.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.28 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.45
EPS Next 2Y0.09%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CCNE has a Yearly Dividend Yield of 3.65%. Purely for dividend investing, there may be better candidates out there.
CCNE's Dividend Yield is comparable with the industry average which is at 3.89.
Compared to an average S&P500 Dividend Yield of 2.45, CCNE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
5.2 History
On average, the dividend of CCNE grows each year by 6.19%, which is quite nice.
CCNE has been paying a dividend for at least 10 years, so it has a reliable track record.
CCNE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.19%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
CCNE pays out 35.55% of its income as dividend. This is a sustainable payout ratio.
CCNE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.55%
EPS Next 2Y0.09%
EPS Next 3YN/A
CNB FINANCIAL CORP/PA
NASDAQ:CCNE (4/24/2024, 7:00:03 PM)
After market: 19.34 0 (0%)19.34
+0.09 (+0.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap406.53M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.55 | ||
| Fwd PE | 8.4 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 9.35% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 23.95% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-22.66%
EPS 3Y0.66%
EPS 5Y
EPS growth Q2Q
EPS Next Y-10.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.57%
Revenue growth 3Y11.09%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y