CNB Financial Corp/PA (CCNE)

NASDAQFinancialsBanks - RegionalSnapshot 2026-10-23

$35.35+0.31%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge CNB Financial Corp/PA’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	89.04M
EPS	—	0.893
Quarter ending 2027-03-31
Revenue	—	88.5M
EPS	—	0.877
Annual ending 2026-12-31
Revenue	—	347.62M
EPS	—	3.547
Annual ending 2027-12-31
Revenue	—	367.49M
EPS	—	3.733

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Dividend per share maintained at $0.19 per quarter	The company maintains its dividend at $0.19 per share.	Intact	dividend per share falls below $0.19 in any quarter	Dividend per share: $0.19 per share FY2026-Q2; GAAP. Published target: >= $0.19 per share quarterly dividend. Target period is not explicitly aligned with this observation. Source published Aug 5, 20260.19 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 676dbe32-8d9d-45a2-b9e3-8bf55c876cbb. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Net income increases to at least $27 million in 2026-Q1	CNB Financial keeps growing net income, which rose to $27 million in 2026-Q1.	Improving	net income falls below $27 million in 2026-Q1	Net income: $28.304M FY2026-Q2; GAAP. Published target: >= $27 million net income. The stored target says 2026-Q1; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Source published Aug 5, 202628,304,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 676dbe32-8d9d-45a2-b9e3-8bf55c876cbb. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Repurchase up to 500,000 shares under 2026 buyback program	It also started a share buyback program for up to 500,000 shares.	Intact	Buyback program not implemented or canceled in 2026	Required source inputs unavailable Cannot calculate Share repurchases from the available matching source inputs. Missing inputs are not treated as zero. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$3.73

Unavailable → $3.73 · observed estimates

FY2027 revenueUnavailable

Unavailable → Unavailable · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	4 / 3
2026-07-25	Unavailable	Unavailable	4 / 3
2026-07-26	Unavailable	Unavailable	4 / 3
2026-07-27	Unavailable	Unavailable	4 / 4
2026-07-28	Unavailable	Unavailable	4 / 4
2026-07-29	Unavailable	Unavailable	4 / 4
2026-07-30	Unavailable	Unavailable	3 / 4
2026-07-31	Unavailable	Unavailable	3 / 4
2026-08-01	Unavailable	Unavailable	4 / 4
2026-08-02	Unavailable	Unavailable	4 / 4
2026-08-03	Unavailable	Unavailable	3 / 4
2026-08-04	Unavailable	Unavailable	3 / 4
2026-08-05	Unavailable	Unavailable	3 / 4
2026-08-06	Unavailable	Unavailable	3 / 4
2026-08-07	Unavailable	Unavailable	3 / 4
2026-08-08	Unavailable	Unavailable	3 / 4
2026-08-09	Unavailable	Unavailable	4 / 4
2026-08-10	Unavailable	Unavailable	3 / 4
2026-08-11	Unavailable	Unavailable	4 / 4
2026-08-12	Unavailable	Unavailable	3 / 4
2026-08-13	Unavailable	Unavailable	3 / 4
2026-08-14	Unavailable	Unavailable	3 / 4
2026-08-15	Unavailable	Unavailable	3 / 4
2026-08-16	Unavailable	Unavailable	3 / 4
2026-08-17	Unavailable	Unavailable	3 / 4
2026-08-18	Unavailable	Unavailable	3 / 4
2026-08-19	Unavailable	Unavailable	3 / 4
2026-08-20	Unavailable	Unavailable	3 / 4
2026-08-21	Unavailable	Unavailable	3 / 4
2026-08-22	Unavailable	Unavailable	3 / 4
2026-08-23	Unavailable	Unavailable	3 / 4
2026-08-24	Unavailable	Unavailable	3 / 4
2026-08-25	Unavailable	Unavailable	3 / 4
2026-08-26	Unavailable	Unavailable	3 / 4
2026-08-27	Unavailable	Unavailable	3 / 4
2026-08-28	Unavailable	Unavailable	3 / 4
2026-08-29	Unavailable	$368,275,000	4 / 5
2026-08-30	Unavailable	Unavailable	4 / 3
2026-08-31	Unavailable	Unavailable	4 / 3
2026-09-01	Unavailable	Unavailable	4 / 3
2026-09-02	Unavailable	Unavailable	4 / 3
2026-09-03	Unavailable	Unavailable	4 / 3
2026-09-04	Unavailable	Unavailable	4 / 3
2026-09-05	Unavailable	Unavailable	4 / 3
2026-09-06	Unavailable	Unavailable	4 / 3
2026-09-07	Unavailable	Unavailable	4 / 3
2026-09-08	Unavailable	Unavailable	4 / 3
2026-09-09	Unavailable	Unavailable	4 / 3
2026-09-10	Unavailable	Unavailable	4 / 3
2026-09-11	Unavailable	Unavailable	4 / 3
2026-09-12	Unavailable	Unavailable	4 / 3
2026-09-13	Unavailable	Unavailable	4 / 3
2026-09-14	Unavailable	Unavailable	4 / 3
2026-09-15	Unavailable	Unavailable	4 / 3
2026-09-16	Unavailable	Unavailable	4 / 3
2026-09-17	Unavailable	Unavailable	4 / 3
2026-09-18	Unavailable	Unavailable	4 / 3
2026-09-19	Unavailable	Unavailable	4 / 3
2026-09-20	Unavailable	Unavailable	4 / 3
2026-09-21	Unavailable	Unavailable	4 / 3
2026-09-22	Unavailable	Unavailable	4 / 3
2026-09-23	Unavailable	Unavailable	4 / 3
2026-09-24	Unavailable	Unavailable	4 / 3
2026-09-25	$3.73	Unavailable	5 / 4
2026-09-26	$3.73	Unavailable	5 / 4
2026-09-27	$3.73	Unavailable	5 / 4
2026-09-28	$3.73	Unavailable	5 / 4
2026-09-29	$3.73	Unavailable	5 / 4
2026-09-30	$3.73	Unavailable	5 / 4
2026-10-01	$3.73	Unavailable	5 / 4
2026-10-02	$3.73	Unavailable	5 / 4
2026-10-03	$3.73	Unavailable	5 / 4
2026-10-04	$3.73	Unavailable	5 / 4
2026-10-05	$3.73	Unavailable	5 / 4
2026-10-06	$3.73	Unavailable	5 / 4
2026-10-07	$3.73	Unavailable	5 / 4
2026-10-08	$3.73	Unavailable	5 / 4
2026-10-09	$3.74	Unavailable	5 / 4
2026-10-10	$3.74	Unavailable	5 / 4
2026-10-11	$3.74	Unavailable	5 / 4
2026-10-12	$3.74	Unavailable	5 / 4
2026-10-13	$3.74	Unavailable	5 / 4
2026-10-14	$3.74	Unavailable	5 / 4
2026-10-15	$3.74	Unavailable	5 / 4
2026-10-16	$3.74	Unavailable	5 / 4
2026-10-17	$3.74	Unavailable	5 / 4
2026-10-18	$3.74	Unavailable	5 / 4
2026-10-19	$3.74	Unavailable	5 / 4
2026-10-20	$3.74	Unavailable	5 / 4
2026-10-21	$3.74	Unavailable	5 / 4
2026-10-22	$3.74	Unavailable	5 / 4
2026-10-23	$3.73	Unavailable	5 / 4
2026-10-24	$3.73	Unavailable	5 / 4

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	2	2
2026-06-01	2	2
2026-07-01	2	2
2026-08-01	3	2
2026-09-01	4	2
2026-10-01	4	2

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 4 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Dividend per share maintained at $0.19 per quarterDividend per share: $0.19 per share
Net income increases to at least $27 million in 2026-Q1Net income: $28.304M
Repurchase up to 500,000 shares under 2026 buyback programRequired source inputs unavailable

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.7%Typical daily move · historical

Downside history

-9.4%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

CNB Financial Corp/PA outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

CCNE is a regional bank with a performance-led, multi-year thesis rather than a clear turnaround story. The thesis is intact, supported by recent financial performance that remains in the top half of its industry, though confidence has eased from high to medium.

What's priced into CNB Financial Corp/PA

The valuation evidence describes CCNE as cheap versus peers, while the expectations gap is small, suggesting expectations are close to the current setup. Priced-in fragility is low, but the value assessment is neutral, so the peer discount alone does not establish a stronger thesis.

What the fundamentals likely do

Near term, recent results are strong, with earnings beats noted in October and July 2026. Organic loans grew by $76.5 million in the third quarter, while noninterest-bearing deposits grew by $13.5 million; however, PPNR was slightly lower than the prior quarter as non-interest expense rose. Cost discipline and the branch-footprint initiative show mixed progress, and a guidance cut remains a meaningful risk.

What CNB Financial Corp/PA hinges on

Over the next few quarters, the thesis hinges on CCNE sustaining lending and deposit growth while controlling overhead and making progress on the footprint changes. A guidance cut or Fed rate cuts would add pressure, while continued earnings strength among sector bellwethers could support sector momentum.