CNB Financial Corp

Chart & Performance

D1W1MN

Profile

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 and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment. As of February 8, 2022, the company operated a private banking division; three loan production office; one drive-up office; and 45 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Financial Corporation was founded in 1865 and is headquartered in Clearfield, Pennsylvania.

URL

https://cnbbank.bank/who-we-are/divisions-of-cnb

IPO date

Mar 16, 1994

Employees

722

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	217,171 -1.12%	219,624 15.97%	189,378 18.63%
Cost of revenue	78,074	77,143	65,765
Unusual Expense (Income)
NOPBT	139,097	142,481	123,613
NOPBT Margin	64.05%	64.87%	65.27%
Operating Taxes	13,809	15,026	13,071
Tax Rate	9.93%	10.55%	10.57%
NOPAT	125,288	127,455	110,542
Net income	58,020 -8.18%	63,188 9.50%	57,707 76.24%
Dividends	(18,996)	(16,859)	(15,852)
Dividend yield	4.02%	3.93%	3.56%
Proceeds from repurchase of equity	(6,724)	92,380	(1,163)
BB yield	1.42%	-21.55%	0.26%
Debt
Debt current		132,396	1,710
Long-term debt	180,187	138,310	125,440
Deferred revenue
Other long-term liabilities	5,035,623	79,086	(104,281)
Net debt	(956,781)	(992,777)	(2,009,796)
Cash flow
Cash from operating activities	47,023	64,053	58,920
CAPEX	(10,972)	(12,290)	(6,484)
Cash from investing activities	(149,459)	(804,701)	(409,760)
Cash from financing activities	218,197	114,735	550,344
FCF	311,262	(86,331)	107,426
Balance
Cash	396,744	477,694	1,429,389
Long term investments	740,224	785,789	707,557
Excess cash	1,126,109	1,252,502	2,127,477
Stockholders' equity	357,642	312,176	317,973
Invested Capital	5,395,315	5,295,399	4,967,643
ROIC	2.34%	2.48%	2.36%
ROCE	2.42%	2.54%	2.34%
EV
Common stock shares outstanding	20,944	18,020	16,820
Price	22.59 -5.04%	23.79 -10.23%	26.50 24.47%
Market cap	473,125 10.36%	428,696 -3.82%	445,730 30.85%
EV	(425,871)	(506,296)	(1,506,281)
EBITDA	146,836	149,054	129,854
EV/EBITDA
Interest	103,867	24,079	19,820
Interest/NOPBT	74.67%	16.90%	16.03%