27-Mar-2024
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CNB Financial Corporation Announces Quarterly Dividend for Common Stock
Globe Newswire (Tue, 13-Feb 4:05 PM ET)
Globe Newswire (Thu, 1-Feb 4:05 PM ET)
CNB Financial Corporation Reports Fourth Quarter and Full-Year 2023 Results
Globe Newswire (Tue, 23-Jan 4:05 PM ET)
CNB Financial Corp is providing integrated financial solutions, which create value for both consumers and businesses. These solutions encompass deposit accounts, private banking, real estate, commercial, industrial, residential and consumer loans and lines of credit, credit cards, treasury services, online banking, mobile banking, merchant credit card processing, remote deposit and accounts receivable handling. In addition, the corporation provides wealth and asset management services, retirement plans and other employee benefit plans.
CNB Financial trades on the NASDAQ stock market under the symbol CCNE.
As of March 27, 2024, CCNE stock price climbed to $20.13 with 40,711 million shares trading.
CCNE has a beta of 1.15, meaning it tends to be more sensitive to market movements. CCNE has a correlation of 0.21 to the broad based SPY ETF.
CCNE has a market cap of $416.40 million. This is considered a Small Cap stock.
Last quarter CNB Financial reported $48 million in Revenue and $.62 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.08.
In the last 3 years, CCNE stock traded as high as $28.59 and as low as $16.43.
The top ETF exchange traded funds that CCNE belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.
CCNE has underperformed the market in the last year with a price return of +4.6% while the SPY ETF gained +33.6%. CCNE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.5% and +0.4%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
CCNE support price is $19.35 and resistance is $20.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCNE stock will trade within this expected range on the day.