CCNE
CNB Financial CorporationFinancial Services·Banks - Regional
$30.67
$909M market cap
Revenue
$224.5M
Free Cash Flow
$44.8M
Rev Growth
+0.0%
FCF Margin
20.0%
P/FCF
20.3x
EV/FCF
25.9x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides wealth and asset management services, including the administration of trusts an
2-Year Price History
$30.65+69.3%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 112.0 | 24.1 | 23.1 | 27.0 | 19.2 | 18.8 | -0.4 | 78.7 | 330.7 | 29.4 | 10.9% | 0.6x | -- |
| Act | 2025-Q4 | 112.5 | 45.6 | 41.8 | 33.7 | 26.1 | 26.0 | -0.1 | 942.9 | 313.2 | 29.4 | 22.6% | 1.1x | -- |
Valuation & Metrics
Market Stats
Price$30.67
Market Cap$909M
Enterprise Value$1.2B
P/S Ratio4.0x
P/FCF20.3x
EV/FCF25.9x
FCF Margin (TTM)20.0%
FCF Yield4.9%
Dividend Yield (TTM)2.4%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$224.5M
Net Income$60.7M
Free Cash Flow$44.8M
Revenue Growth (YoY)+0.0%
EBITDA Margin31.1%
Net Margin27.0%
FCF Margin20.0%
CapEx % of Revenue0.2%
SBC % of Revenue0.7%
ROIC16.7%
WC Change % Rev-15.2%
Interest Coverage0.9x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.5M
Days to Cover3.3
Change (vs Prior)+11.5%
Need at least 2 settlement dates for chart
Employees
Headcount769
Revenue / Employee$291,947
Gross Profit / Employee$208,083
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
37.1%(+18.5% YoY)
141 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
22.2%(+9.9% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.2%(+0.1% YoY)
6 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | $72.8M | $23.43 | −$2.3M | +$47.5M | -0.3% | $533.98B |
| BlackRock, Inc.Passive | $60.5M | $23.25 | +$492K | +$9.2M | -0.2% | $5.69T |
| DIMENSIONAL FUND ADVISORS LPPassive | $43.6M | $22.19 | +$789K | +$13.5M | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $37.3M | $28.96 | +$37.3M | +$37.3M | — | $4.04T |
| Davis Asset Management, L.P. | $27.5M | $20.11 | +$0 | +$7.2M | -0.7% | $3.46B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $23.4M | $22.46 | +$416K | +$9.4M | +2.3% | $1.61T |
| STATE STREET CORPPassive | $17.9M | $21.81 | +$153K | +$5.4M | -0.2% | $2.89T |
| AMERICAN CENTURY COMPANIES INC | $17.6M | $21.24 | +$240K | +$3.1M | +0.7% | $193.48B |
| Stieven Capital Advisors, L.P. | $13.3M | $22.13 | −$46K | +$4.8M | -1.1% | $468M |
| MALTESE CAPITAL MANAGEMENT LLC | $13.0M | $23.21 | −$1.2M | +$8.8M | -0.6% | $508M |
| AMERIPRISE FINANCIAL INC | $10.9M | $22.03 | +$331K | +$2.2M | -0.1% | $430.96B |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $9.7M | $24.72 | +$6.0M | +$2.3M | -0.1% | $31.89B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $8.5M | $22.81 | +$90K | +$6.7M | +0.1% | $184.72B |
| JPMORGAN CHASE & CO | $7.9M | $22.64 | +$1.4M | +$2.8M | -0.2% | $1.47T |
| NORTHERN TRUST CORPPassive | $7.1M | $22.06 | −$172K | +$1.4M | -0.2% | $755.34B |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $6.9M | $22.61 | −$293K | +$2.8M | -2.3% | $4.93B |
| GOLDMAN SACHS GROUP INC | $6.9M | $25.92 | +$4.9M | +$5.0M | -0.2% | $760.93B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $6.9M | $23.58 | −$227K | +$5.2M | +0.7% | $645.81B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $6.6M | $23.88 | −$87K | +$6.6M | -0.2% | $113.45B |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $6.6M | $28.96 | +$6.6M | +$6.6M | — | $1.91T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.35%
avg per quarter
Holders (ex-self)
-0.36%
excl. this stock
Buyers (this Q)
-0.23%
69 buyers · $0.10B in
Sellers (this Q)
-0.48%
53 sellers · $0.00B out
alpha coverage: 91% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-19.1%
how holders react when this stock falls
On quiet Qs
+3.5%
−10% to +10% baseline
On rallies (+10%+)
-11.9%
how they react when this stock rises
Holders' portfolio flow this Q
+2.3%
inflows — adds are organic
Sellers' portfolio flow this Q
-8.9%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-3.5%
Holder mid (any stock)
-3.2%
Holder rally (any stock)
-4.2%
Biggest decreases this quarter
WELLINGTON MANAGEMENT GROUP LLP−$2.3Mα-0.3MALTESE CAPITAL MANAGEMENT LLC−$1.2Mα-0.6ROYCE & ASSOCIATES LP−$1.1Mα-0.9MORGAN STANLEY−$909Kα-0.3PRUDENTIAL FINANCIAL INCexited−$790KPekin Hardy Strauss, Inc.exited−$474KFRANKLIN RESOURCES INCexited−$349KCampbell & CO Investment Adviser LLCexited−$316KBRIDGEWAY CAPITAL MANAGEMENT, LLC−$293Kα-2.3Cresset Asset Management, LLCexited−$263K
New buyers this quarter
Top-5 holders · 44.5%
WELLINGTON MANAGEMENT GROUP LLP--
BlackRock, Inc.--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
Davis Asset Management, L.P.--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
WELLINGTON MANAGEMENT GROUP LLP2.5MDavis Asset Management, L.P.950KAMERICAN CENTURY COMPANIES INC609KFJ Capital Management LLC—Stieven Capital Advisors, L.P.459KMALTESE CAPITAL MANAGEMENT LLC449KBANC FUNDS CO LLC222KAMERIPRISE FINANCIAL INC376KHOTCHKIS & WILEY CAPITAL MANAGEMENT LLC336KROYCE & ASSOCIATES LP224K
Related Stocks
Investors who own this also own
Stocks held by the same active managers as this one, ranked by score — how much more often these appear together than random chance (1× = baseline). Excludes index ETFs and market makers; minimum 3 shared holders.
| Ticker | Name | Co-holders | Score |
|---|---|---|---|
| FCNCA | First Citizens BancShares, Inc. | 3 | 166.23× |
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (1 analysts)$34.001090.0%
Last Year (2 analysts)$34.501250.0%
Current Price$30.67
Analyst Ratings
2
1
Buy: 2Hold: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$160K
8 txns · 4 insiders · 6,117 sh
Sells ($, 12mo)
$928K
10 txns · 8 insiders · 33,448 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-04-30 | SELL | PONTZER DEBORAH DICK | director | 244 | $30.55 | $7K | $1.25M |
| 2026-04-27 | SELL | Higgins Carla M. | officer: SVP/Strategic Project Manager | 1,300 | $30.45 | $40K | $77K |
| 2026-04-24 | BUY | Peduzzi Michael D | director, officer: President & CEO | 1,000 | $30.35 | $30K | $1.68M |
| 2026-03-13 | BUY | Scott Nicholas N. Jr. | director | 375 | $27.05 | $10K | $1.04M |
| 2026-02-23 | SELL | Griffith Martin T. | officer: SEVP/Chief Revenue Officer | 535 | $27.70 | $15K | $468K |
| 2026-02-23 | SELL | Mink Robin | officer: EVP/Chief TM Officer | 144 | $27.70 | $4K | $187K |
| 2026-02-23 | SELL | Shilling Steven R | officer: EVP/Chief Wealth Mngt Officer | 313 | $27.70 | $9K | $355K |
| 2026-02-23 | SELL | Wilcoxson Angela D. | officer: EVP/Chief Commercial Banking | 329 | $27.70 | $9K | $285K |
| 2026-01-30 | SELL | Shilling Steven R | officer: EVP/Chief Wealth Mngt Officer | 595 | $27.70 | $16K | $332K |
| 2026-01-30 | SELL | Wilcoxson Angela D. | officer: EVP/Chief Commercial Banking | 614 | $27.70 | $17K | $264K |
| 2026-01-30 | BUY | Peduzzi Michael D | director, officer: President & CEO | 900 | $27.30 | $25K | $1.20M |
| 2026-01-30 | BUY | POWELL JEFFREY S | director | 975 | $27.28 | $27K | $3.74M |
| 2025-12-12 | SELL | Olson Gary S | director | 25,000 | $27.75 | $694K | $1.47M |
| 2025-12-05 | SELL | Henning Daniel J | director | 4,374 | $26.80 | $117K | $1.37M |
| 2025-11-05 | BUY | Peduzzi Michael D | director, officer: President & CEO | 1,100 | $24.63 | $27K | $1.06M |
| 2025-08-12 | BUY | Andersen Anna K | officer, other: SVP & Chief Risk Officer | 42 | $23.54 | $989 | $13K |
| 2025-08-12 | BUY | POWELL JEFFREY S | director | 1,245 | $23.36 | $29K | $3.18M |
| 2025-08-11 | BUY | POWELL JEFFREY S | director | 480 | $22.57 | $11K | $3.04M |
Order Flow (FINRA, ~3w lag)
10.1%retail-1.0pp
15.7%dark-0.9pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
CNB FINANCIAL CORP: Conventional regional banking structure with preferred equity obligations
Overall Risk
2/10
Fraud
1/10
Dilution
3/10
Insolvency
2/10
Earnings Overstated
2/10
Hidden Liabilities
2/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
4/10
Contextually Acceptable
10/10