CNB Financial Corporation (CCNE) 株式分析

企業概要

CNB Financial Corporation functions as the parent bank holding company for CNB Bank, delivering a comprehensive suite of banking products and services tailored to individual consumers, commercial enterprises, governmental entities, and institutional clients. The organization operates within the Financial Services sector, specifically categorized under Banks - Regional, which implies a focus on localized community banking operations and regional economic cycles. The company's scale is defined by a market capitalization of $927.88M, a trailing twelve-month revenue of $273.35M, and an employee count of 917. These valuation and revenue figures indicate that the entity maintains a mid-sized position within the regional banking landscape, possessing sufficient assets to support diverse lending activities while retaining a manageable operational footprint relative to national competitors.

財務健全性

The company reported a total revenue of $273.35M over the trailing twelve months, generating a net income of $61.35M, while EBITDA data is not available for this specific reporting period. The substantial difference between the $273.35M in revenue and the $61.35M in net income reveals a cost structure where operating expenses, including loan loss provisions and administrative costs, absorb approximately $212M of top-line income before arriving at the bottom line. Regarding liquidity and flexibility, free cash flow figures are not disclosed in the available financial data, which suggests that the company's cash generation metrics may be consolidated into broader banking asset growth or not separately highlighted in this dataset. The balance sheet presents a cash position of $532.47M against total debt of $337.16M, indicating that the institution holds more liquid assets than outstanding debt obligations. Although the debt-to-equity ratio is not provided, the current ratio is also unavailable, meaning that short-term liquidity coverage cannot be quantified via these specific metrics. Profitability metrics include a gross margin of 0.0%, an operating margin of 50.9%, and a profit margin of 24.2%. The 0.0% gross margin is characteristic of the banking industry where interest income and expense are netted, while the 50.9% operating margin demonstrates significant efficiency in controlling non-interest expenses relative to revenue, and the 24.2% profit margin reflects the final earnings yield on sales after all costs and provisions. Return on Equity stands at 8.9% and Return on Assets is recorded at 0.9%, metrics that indicate management's effectiveness in generating returns for shareholders relative to the equity base and utilizing the total asset base to produce income.

バリュエーション評価

Valuation multiples show a trailing P/E ratio of 12.57 and a forward P/E of 8.06, implying that the market anticipates a significant acceleration in earnings growth that would compress the multiple in the coming year. The price-to-book ratio is 1.12, indicating that the stock trades at a slight premium over its book value, reflecting market confidence in the quality of the underlying assets and franchise value beyond the simple accounting capital. Alternative valuation metrics include a price-to-sales ratio of 3.39, while the EV/EBITDA multiple is not available for citation. The stock's trading range over the past year spans from a low of $19.78 to a high of $31.42, with the current price sitting at a level that requires calculation against the high to determine the exact percentage distance, though the data strictly limits the high to $31.42 and the low to $19.78. Risk characteristics are highlighted by a beta of 0.66, which signifies that the stock exhibits lower price volatility relative to the broader market, potentially offering a more stable risk profile for portfolios sensitive to market swings.

Growth & Income

Growth dynamics are highlighted by a revenue growth rate of 80.5% year-over-year and an earnings growth rate of 65.8% year-over-year. The earnings growth rate of 65.8% is growing faster than the revenue growth rate of 80.5%? No, 65.8% is slower than 80.5%, which implies that top-line expansion is outpacing the bottom-line expansion, potentially indicating rising cost pressures or a lag in expense control relative to the rapid revenue surge. The company offers a dividend yield of 2.3% with a payout ratio of 28.9%, indicating that the dividend is paid out of a small fraction of earnings, which suggests a highly sustainable payout given the robust earnings growth. This low payout ratio allows the company to retain the majority of its earnings for capital deployment, loan portfolio growth, or balance sheet strengthening rather than distributing them to shareholders. Overall, the company presents a profile characterized by rapid top-line expansion, sustainable dividend coverage, and a conservative balance sheet structure supported by strong cash reserves relative to debt.