CNB Financial Corp (NASDAQ:CCNE) declared a dividend on Wednesday, November 20th, Fidelity reports. Investors of record on Saturday, November 30th will be paid a dividend of 0.17 per share by the bank on Friday, December 13th. The ex-dividend date is Wednesday, November 27th. This is a positive change from CNB Financial’s previous dividend of $0.17.

Shares of CCNE opened at $31.34 on Friday. The firm has a market cap of $482.03 million, a PE ratio of 14.18 and a beta of 0.97. The firm’s 50 day moving average price is $30.51 and its 200 day moving average price is $28.11. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.96 and a current ratio of 0.96. CNB Financial has a twelve month low of $21.43 and a twelve month high of $33.78.

CNB Financial (NASDAQ:CCNE) last released its quarterly earnings results on Thursday, October 17th. The bank reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. The business had revenue of $36.18 million for the quarter, compared to the consensus estimate of $35.52 million. CNB Financial had a net margin of 22.01% and a return on equity of 13.75%. On average, sell-side analysts anticipate that CNB Financial will post 2.61 earnings per share for the current fiscal year.

Several equities analysts have weighed in on CCNE shares. BidaskClub lowered CNB Financial from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. Zacks Investment Research upgraded CNB Financial from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, October 23rd.

About CNB Financial

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.

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Dividend History for CNB Financial (NASDAQ:CCNE)

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