CCNE

MKT CAP:$895M

CNB Financial Corporation

Market Cap

$895M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$30.29+$4.55 (+17.68%)

Apr 23, 2026

Company Details

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, a...

CEO

Tito L. Lima

IPO Date

Apr 4, 1994

Website

www.cnbbank.bank

Key Metrics TTM

Revenue

$413M

+14.8% YoY

Net Income

$60M

EPS (Diluted)

$2.19

Free Cash Flow

$52M

Revenue / Share

$14.04

Gross Margin

58.3%

Operating Margin

15.4%

Net Margin

14.4%

FCF Margin

12.5%

P/S

2.2x

P/E

15.0x

Earnings Reports

Q1 2026

Apr 20, 2026

NEW

$112M+24.9%EPS $0.88

FY 2025

Mar 11, 2026

$405M+12.5%EPS $2.51

Q3 2025

Nov 5, 2025

$118M+26.8%EPS $0.20

Q2 2025

Aug 7, 2025

$94M+5.5%EPS $0.62

Q1 2025

May 7, 2025

$90M+4.7%EPS $0.49

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$55M	$50M	$19M
Q2 22	$57M	$50M	$19M
Q3 22	$62M	$56M	$21M
Q4 22	$70M	$56M	$20M
Q1 23	$73M	$53M	$20M
Q2 23	$79M	$52M	$17M
Q3 23	$82M	$53M	$17M
Q4 23	$88M	$55M	$17M
Q1 24	$86M	$52M	$15M
Q2 24	$89M	$51M	$16M
Q3 24	$93M	$55M	$17M
Q4 24	$93M	$55M	$19M
Q1 25	$90M	$54M	$14M
Q2 25	$94M	$56M	$17M
Q3 25	$118M	$58M	$9M
Q1 26	$112M	$73M	$23M

Valuation

Quarter	P/S	P/E
Q1 22	2.1x	7.7x
Q2 22	1.9x	6.8x
Q3 22	2.2x	8.1x
Q4 22	2.0x	7.8x
Q1 23	1.5x	6.2x
Q2 23	1.3x	5.9x
Q3 23	1.2x	6.3x
Q4 23	1.4x	8.0x
Q1 24	1.3x	7.7x
Q2 24	1.2x	7.8x
Q3 24	1.4x	9.4x
Q4 24	1.4x	9.5x
Q1 25	1.3x	8.7x
Q2 25	1.3x	8.8x
Q3 25	1.3x	10.8x
Q1 26	2.0x	14.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$20M	$19M
Q1 22	$4M	$2M
Q2 22	$18M	$16M
Q3 22	$16M	$12M
Q4 22	$26M	$22M
Q1 23	$5M	$1M
Q2 23	$12M	$8M
Q3 23	$13M	$11M
Q4 23	$18M	$16M
Q1 24	$12M	$10M
Q2 24	$10M	$4M
Q3 24	$26M	$22M
Q4 24	$22M	$19M
Q1 25	$12M	$10M
Q2 25	$20M	$18M
Q3 25	$7M	$5M

Capital Expenditures

Quarter	CapEx
Q4 21	$1M
Q1 22	$2M
Q2 22	$2M
Q3 22	$4M
Q4 22	$4M
Q1 23	$4M
Q2 23	$4M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$6M
Q3 24	$4M
Q4 24	$3M
Q1 25	$2M
Q2 25	$2M
Q3 25	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+5.8%	+5.0%
Q2 22	+13.3%	+15.1%
Q3 22	+16.8%	+19.2%
Q4 22	+29.3%	+37.6%
Q1 23	+33.4%	+46.1%
Q2 23	+39.6%	+64.2%
Q3 23	+32.4%	+57.2%
Q4 23	+24.9%	+40.1%
Q1 24	+17.1%	+33.1%
Q2 24	+12.1%	+17.4%
Q3 24	+13.2%	+16.4%
Q4 24	+5.8%	+5.1%
Q1 25	+4.7%	+7.3%
Q2 25	+5.5%	+5.0%
Q3 25	+26.8%	+43.7%
Q1 26	+20.9%	+20.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$287.0K	0.5%
Q1 22	$501.0K	0.9%
Q2 22	$256.0K	0.5%
Q3 22	$340.0K	0.5%
Q4 22	$235.0K	0.3%
Q1 23	$616.0K	0.8%
Q2 23	$345.0K	0.4%
Q3 23	$350.0K	0.4%
Q4 23	$432.0K	0.5%
Q1 24	$883.0K	1.0%
Q2 24	$482.0K	0.5%
Q3 24	$471.0K	0.5%
Q4 24	$389.0K	0.4%
Q1 25	$455.0K	0.5%
Q2 25	$645.0K	0.7%
Q3 25	$791.0K	0.7%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$18M	$620.0K
Q2 22	$17M	$537.0K
Q3 22	$20M	$709.0K
Q4 22	$19M	$1M
Q1 23	$18M	$544.0K
Q2 23	$18M	$701.0K
Q3 23	$19M	$840.0K
Q4 23	$20M	$1M
Q1 24	$20M	$685.0K
Q2 24	$19M	$553.0K
Q3 24	$20M	$623.0K
Q4 24	$19M	$684.0K
Q1 25	$22M	$514.0K
Q2 25	$20M	$556.0K
Q3 25	$24M	$754.0K
Q1 26	$47M	$788.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$284M	$404M	$689M
Q3 22	$210M	$378M	$588M
Q4 22	$106M	$371M	$478M
Q1 23	$189M	$369M	$557M
Q2 23	$125M	$353M	$478M
Q3 23	$183M	$335M	$518M
Q4 23	$222M	$342M	$564M
Q1 24	$301M	$349M	$650M
Q2 24	$331M	$360M	$691M
Q3 24	$361M	$379M	$740M
Q4 24	$443M	$404M	$847M
Q1 25	$520M	$447M	$967M
Q2 25	$425M	$523M	$949M
Q3 25	$438M	$377M	$816M
Q4 25	$78M	$584M	$663M
Q1 26	$79M	$696M	$774M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	17M	-0.1%	+0.3%
Q2 22	17M	-0.2%	-0.1%
Q3 22	21M	+25.6%	+25.5%
Q4 22	21M	-0.1%	+25.1%
Q1 23	21M	-0.1%	+25.1%
Q2 23	21M	-0.6%	+24.6%
Q3 23	21M	-0.3%	-1.0%
Q4 23	21M	-0.0%	-0.9%
Q1 24	21M	-0.0%	-0.9%
Q2 24	21M	+0.0%	-0.3%
Q3 24	21M	+0.1%	+0.1%
Q4 24	21M	0.0%	+0.1%
Q1 25	21M	+0.1%	+0.2%
Q2 25	21M	0.0%	+0.2%
Q3 25	23M	+10.3%	+10.3%
Q1 26	29M	+27.6%	+40.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$78.1K	703
Q2 22	$80.6K	703
Q3 22	$88.3K	703
Q4 22	$92.4K	759
Q1 23	$96.4K	759
Q2 23	$104.2K	759
Q3 23	$108.3K	759
Q4 23	$109.3K	801
Q1 24	$107.0K	801
Q2 24	$110.7K	801
Q3 24	$116.1K	801
Q4 24	$117.3K	790
Q1 25	$113.6K	790
Q2 25	$118.4K	790
Q3 25	$149.3K	790
Q1 26	$141.8K	790

Revenue / Employee