The bank has maintained a stable equity-to-assets ratio of 0.10 while scaling its investment securities portfolio to 7.9 billion dollars to support liquidity needs.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 2.79B | 942.91M | 846.54M | 564M | 477.69M | 1.43B | 1.12B | 735.29M | 562.43M | 445.05M | 525.02M | 573.3M | 713.87M | 715.9M | 769.42M | 678.03M | 40.25M | 28.75M | 37.71M | 29.31M | 25.55M | 43.02M | 29.91M | 20.98M | 22.53M | 19.39M | 17.97M | 21.2M | 11.4M | 18.41M | 10.82M |
| Cash & Due from Banks | 78.74M | 527.9M | 443.04M | 221.87M | 106.28M | 732.2M | 532.69M | 192.97M | 45.56M | 35.34M | 29.18M | 27.26M | 28.15M | 29.91M | 32.11M | 39.93M | 40.25M | 28.75M | 37.71M | 29.31M | 25.55M | 43.02M | 29.91M | 20.98M | 22.53M | 19.39M | 17.97M | 21.2M | 11.4M | 18.41M | 10.82M |
| Short Term Investments | 0 | 415.02M | 403.51M | 341.95M | 371.41M | 697.19M | 584.91M | 542.31M | 516.86M | 409.71M | 495.83M | 546.04M | 685.72M | 685.99M | 737.31M | 638.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 7.91B | 7.27B | 5.35B | 5.16B | 5.02B | 4.31B | 3.93B | 3.33B | 2.97B | 2.54B | 2.36B | 2.11B | 2.02B | 1.97B | 1.65B | 1.48B | 1.29B | 1.05B | 903.46M | 757.45M | 700.05M | 669.64M | 644.05M | 631.49M | 604.28M | 540.17M | 501.02M | 504.8M | 425.8M | 339.6M | 300.63M |
| Investments Growth % | 126.14% | 35.89% | 3.56% | 2.91% | 16.54% | 9.53% | 18.12% | 11.97% | 17.16% | 7.47% | 11.96% | 4.15% | 3% | 18.88% | 11.96% | 14.58% | 22.52% | 16.44% | 19.28% | 8.2% | 4.54% | 3.97% | 1.99% | 4.5% | 11.87% | 7.81% | -0.75% | 18.55% | 25.38% | 12.96% | 9.79% |
| Long-Term Investments | 26.54B | 6.85B | 4.94B | 4.82B | 4.65B | 3.61B | 3.35B | 2.79B | 2.46B | 2.13B | 1.86B | 1.56B | 1.34B | 1.28B | 916.16M | 838.71M | 1.29B | 1.05B | 903.46M | 757.45M | 700.05M | 669.64M | 644.05M | 631.49M | 604.28M | 540.17M | 501.02M | 504.8M | 425.8M | 339.6M | 300.63M |
| Accounts Receivables | 0 | 0 | 0 | 0 | 62.13M | 40.68M | 37.38M | 24.91M | 24.27M | 20.44M | 23.25M | 17.93M | 18.66M | 26.04M | 12.98M | 14.29M | 20.02M | 20.05M | 17.73M | 19.04M | 7.55M | 6.87M | 7.66M | 6.39M | 13.6M | 6.42M | 6.41M | 3.5M | 2.6M | 2.2M | 2.18M |
| Goodwill & Intangibles | 121.2M | 124.81M | 45.33M | 45.71M | 45.92M | 45.87M | 45.84M | 40.46M | 40.95M | 41.74M | 42.98M | 30.55M | 31.45M | 32.68M | 11.66M | 11.73M | 11.73M | 11.78M | 11.56M | 19.04M | 7.55M | 6.87M | 7.66M | 6.39M | 13.6M | 6.42M | 6.41M | 3.5M | 2.6M | 0 | 0 |
| Goodwill | 88.51M | 88.51M | 43.87M | 43.87M | 43.75M | 43.75M | 43.75M | 38.73M | 38.73M | 38.73M | 38.73M | 27.19M | 27.19M | 27.19M | 10.95M | 10.82M | 10.82M | 10.82M | 10.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 32.69M | 36.3M | 1.46M | 1.83M | 2.17M | 2.12M | 2.09M | 1.73M | 2.22M | 3.01M | 4.25M | 3.36M | 4.26M | 5.49M | 714K | 906K | 908K | 961K | 737K | 19.04M | 7.55M | 6.87M | 7.66M | 6.39M | 13.6M | 6.42M | 6.41M | 3.5M | 2.6M | 0 | 0 |
| PP&E (Net) | 146.3M | 148.51M | 128.73M | 109.4M | 100.84M | 81.59M | 78.47M | 73.29M | 49.92M | 50.72M | 49.52M | 39.37M | 35.38M | 31.59M | 24.07M | 24M | 24.14M | 23.36M | 23.58M | 19.78M | 16.24M | 13.91M | 13.76M | 12.93M | 12.13M | 12.48M | 12.8M | 12.9M | 10.7M | 8.79M | 9.31M |
| Other Assets | 228.29M | 328.68M | 227.47M | 212.26M | 142.24M | 123M | 104.14M | 104.22M | 88.74M | 83.7M | 68.32M | 61.54M | 51.05M | 45.46M | 38.79M | 35.44M | 28.51M | 25.68M | 22.49M | 21.71M | 19.81M | 18.59M | 17.97M | 18.2M | 3.39M | 1.93M | 3.02M | 2.86M | 15.9M | 3.87M | 4.08M |
| Total Current Assets | 112.89M | 942.91M | 846.54M | 564M | 539.83M | 1.47B | 1.15B | 760.2M | 586.69M | 465.5M | 548.27M | 591.24M | 732.53M | 741.94M | 782.4M | 692.32M | 60.27M | 48.79M | 55.44M | 48.2M | 33.11M | 49.89M | 37.57M | 27.37M | 36.13M | 25.81M | 24.39M | 24.7M | 14M | 20.6M | 13M |
| Total Non-Current Assets | 8.4B | 7.45B | 5.35B | 5.19B | 4.94B | 3.86B | 3.57B | 3B | 2.63B | 2.3B | 2.03B | 1.69B | 1.46B | 1.39B | 990.68M | 909.88M | 1.35B | 1.11B | 961.08M | 810.5M | 747.75M | 714.13M | 687.65M | 674.38M | 632.39M | 566.98M | 530.98M | 536.46M | 454.9M | 352.26M | 314.02M |
| Total Assets | 8.51B | 8.4B | 6.19B | 5.75B | 5.48B | 5.33B | 4.73B | 3.76B | 3.22B | 2.77B | 2.57B | 2.29B | 2.19B | 2.13B | 1.77B | 1.6B | 1.41B | 1.16B | 1.02B | 856.31M | 780.85M | 764.02M | 725.22M | 701.75M | 668.52M | 592.79M | 555.37M | 561.2M | 468.9M | 372.87M | 327.01M |
| Asset Growth % | 115.42% | 35.6% | 7.63% | 5.07% | 2.74% | 12.68% | 25.66% | 16.83% | 16.35% | 7.57% | 12.63% | 4.38% | 2.72% | 20.2% | 10.66% | 13.35% | 21.69% | 14.27% | 18.71% | 9.66% | 2.2% | 5.35% | 3.34% | 4.97% | 12.77% | 6.74% | -1.04% | 19.68% | 25.76% | 14.02% | 9.91% |
| Return on Assets (ROA) | 1.04% | 0.91% | 0.91% | 1.03% | 1.17% | 1.15% | 0.77% | 1.15% | 1.13% | 0.89% | 0.85% | 0.99% | 1.07% | 0.85% | 1.02% | 1% | 0.88% | 0.78% | 0.56% | 1.12% | 1.25% | 1.23% | 1.1% | 1.32% | 1.37% | 1.13% | 0.97% | 0.89% | 1.19% | 1.23% | 1.37% |
| Accounts Payable | 0 | 0 | 0 | 0 | 51.27M | 45.03M | 41.45M | 38.48M | 32.17M | 29.07M | 30.43M | 27.04M | 21.27M | 22.49M | 24.29M | 21.39M | 0 | 0 | 10.64M | 9.64M | 7.05M | 4.99M | 7.29M | 8.24M | 9.35M | 7.99M | 5.6M | 6.8M | 5.1M | 0 | 0 |
| Total Debt | 330.7M | 313.24M | 145.5M | 142.54M | 403.1M | 125.44M | 90.07M | 317.89M | 315.74M | 327.98M | 307.62M | 241.13M | 132.31M | 108.57M | 118.43M | 95.08M | 127.13M | 122M | 128.82M | 120.62M | 70.19M | 70.56M | 52.31M | 51.62M | 52M | 23.27M | 13.34M | 7.8M | 16.4M | 8.07M | 14.66M |
| Net Debt | 251.96M | -214.66M | -297.53M | -79.51M | 296.82M | -606.76M | -442.63M | 124.92M | 270.17M | 292.63M | 278.44M | 213.87M | 104.16M | 78.66M | 86.32M | 55.15M | 86.88M | 93.26M | 91.11M | 91.31M | 44.64M | 27.54M | 22.4M | 30.64M | 29.47M | 3.88M | -4.63M | -13.4M | 5M | -10.33M | 3.84M |
| Long-Term Debt | 105.57M | 105.49M | 105.19M | 104.89M | 104.58M | 104.28M | 70.62M | 70.62M | 70.62M | 293.56M | 203.66M | 124.86M | 96.33M | 95.62M | 94.92M | 20.62M | 125.88M | 120.62M | 128.1M | 118.62M | 68.19M | 68.56M | 50.31M | 50.31M | 50M | 23.27M | 13.34M | 6M | 16.4M | 8.07M | 14.66M |
| Short-Term Debt | 167.55M | 164M | 0 | 0 | 264.79M | 0 | 0 | 227.91M | 245.12M | 34.42M | 103.97M | 116.27M | 35.98M | 12.95M | 23.51M | 74.46M | 1.25M | 1.38M | 719K | 2M | 2M | 2M | 2M | 1.31M | 2M | 0 | 0 | 1.8M | 0 | 0 | 0 |
| Other Liabilities | 7.3B | 183.96M | 64.45M | 40.42M | -132.4M | 0 | 0 | 0 | 0 | 0 | 6.46M | 0 | 0 | 0 | 0 | 0 | 13.87M | 13.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.84M | -100K | 0 | 0 |
| Total Current Liabilities | 167.55M | 7.19B | 5.37B | 5B | 4.94B | 4.76B | 4.22B | 3.37B | 2.89B | 2.23B | 2.15B | 1.96B | 1.9B | 1.87B | 1.53B | 1.45B | 1.16B | 958.24M | 825.95M | 670.8M | 640.38M | 625.49M | 606.2M | 585M | 556.49M | 514.63M | 490.82M | 509.4M | 403.2M | 322.59M | 272.64M |
| Total Non-Current Liabilities | 7.46B | 333.2M | 209.95M | 182.96M | 5.91M | 125.44M | 90.07M | 89.98M | 70.62M | 293.56M | 210.11M | 124.86M | 96.33M | 95.62M | 94.92M | 20.62M | 139.75M | 133.94M | 128.1M | 118.62M | 68.19M | 68.56M | 50.31M | 50.31M | 50M | 23.27M | 13.34M | 4.16M | 16.4M | 8.07M | 14.66M |
| Total Liabilities | 7.63B | 7.52B | 5.58B | 5.18B | 4.94B | 4.89B | 4.31B | 3.46B | 2.96B | 2.52B | 2.36B | 2.08B | 2B | 1.97B | 1.63B | 1.47B | 1.3B | 1.09B | 954.05M | 787.02M | 708.57M | 694.05M | 656.51M | 635.3M | 606.49M | 537.9M | 504.16M | 513.6M | 419.5M | 330.66M | 287.29M |
| Total Equity | 889.1M | 872.13M | 610.7M | 571.25M | 530.76M | 442.85M | 416.14M | 304.97M | 262.83M | 243.91M | 211.78M | 201.91M | 188.55M | 164.91M | 145.36M | 131.89M | 109.64M | 69.41M | 62.47M | 69.28M | 72.28M | 69.97M | 68.71M | 66.45M | 62.03M | 54.89M | 51.2M | 47.6M | 49.4M | 42.21M | 39.72M |
| Equity Growth % | 133.02% | 42.81% | 6.91% | 7.63% | 19.85% | 6.42% | 36.45% | 16.03% | 7.76% | 15.17% | 4.89% | 7.09% | 14.33% | 13.45% | 10.22% | 20.29% | 57.97% | 11.11% | -9.84% | -4.15% | 3.3% | 1.83% | 3.41% | 7.12% | 13.01% | 7.21% | 7.57% | -3.64% | 17.04% | 6.27% | 5.79% |
| Equity / Assets (Capital Ratio) | 10.44% | 10.39% | 9.86% | 9.93% | 9.69% | 8.31% | 8.8% | 8.1% | 8.16% | 8.81% | 8.23% | 8.84% | 8.61% | 7.74% | 8.2% | 8.23% | 7.76% | 5.98% | 6.15% | 8.09% | 9.26% | 9.16% | 9.47% | 9.47% | 9.28% | 9.26% | 9.22% | 8.48% | 10.54% | 11.32% | 12.15% |
| Return on Equity (ROE) | 10.08% | 8.92% | 9.23% | 10.53% | 12.98% | 13.44% | 9.08% | 14.12% | 13.31% | 10.47% | 9.93% | 11.37% | 13.06% | 10.75% | 12.36% | 12.51% | 12.64% | 12.91% | 7.95% | 12.9% | 13.53% | 13.18% | 11.65% | 14.1% | 14.82% | 12.27% | 11% | 9.48% | 10.92% | 10.5% | 11.08% |
| Book Value per Share | 30.20 | 35.35 | 29.22 | 27.27 | 25.27 | 26.33 | 24.72 | 20.11 | 17.28 | 16.12 | 14.73 | 14.08 | 13.13 | 11.43 | 11.72 | 10.74 | 8.96 | 8.00 | 7.29 | 7.97 | 8.04 | 7.66 | 7.51 | 7.22 | 6.81 | 6.00 | 5.58 | 5.17 | 5.41 | 4.90 | 4.62 |
| Tangible BV per Share | 26.08 | 30.29 | 27.05 | 25.09 | 23.08 | 23.60 | 22.00 | 17.44 | 14.59 | 13.36 | 11.74 | 11.95 | 10.94 | 9.16 | 10.78 | 9.79 | 8.00 | 6.65 | 5.94 | 5.78 | 7.20 | 6.91 | 6.67 | 6.53 | 5.32 | 5.30 | 4.88 | 4.79 | 5.13 | 4.90 | 4.62 |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.23M | 9.23M | 3.69M | 3.69M | 3.69M | 3.69M | 3.7M | 3.5M | 6.91M | 6.91M |
| Additional Paid-in Capital | 423.29M | 422.65M | 219.88M | 220.5M | 221.55M | 127.35M | 127.52M | 99.33M | 97.6M | 97.04M | 77.74M | 77.83M | 78.02M | 77.92M | 44.22M | 44.35M | 44.68M | 12.63M | 12.91M | 13.06M | 13.25M | 4.16M | 4.24M | 4.12M | 3.75M | 3.75M | 3.74M | 3.7M | 3.8M | 0 | 0 |
| Retained Earnings | 445.26M | 424.94M | 381.3M | 345.94M | 306.91M | 260.58M | 218.73M | 201.5M | 171.78M | 148.3M | 134.29M | 123.3M | 110.62M | 97.07M | 88.96M | 80.04M | 73.06M | 68.68M | 65.89M | 66.7M | 62.96M | 58.44M | 54.35M | 56.79M | 52.06M | 47.73M | 44.63M | 42.3M | 40.6M | 34.25M | 32.29M |
| Accumulated OCI | -34.27M | -30.66M | -43.57M | -46.08M | -52.52M | -394K | 15.07M | 6.94M | -4M | -343K | -121K | 1.9M | 1.06M | -9.45M | 13.92M | 10.76M | -2.67M | -4.88M | -7M | -524K | 1.34M | 1.17M | 2.68M | 3.15M | 3.5M | 952K | -172K | -1.3M | 1.5M | 1.15M | 615K |
| Treasury Stock | -2.97M | -2.58M | -4.69M | -6.89M | -2.97M | -2.48M | -2.97M | -2.81M | -2.56M | -1.09M | -127K | -1.11M | -1.15M | -633K | -1.74M | -3.26M | -5.42M | -7.02M | -9.33M | -9.95M | -5.27M | -3.03M | -1.8M | -1.31M | -974K | -1.24M | -692K | -700K | -100K | -100K | -100K |
| Preferred Stock | 57.78M | 57.78M | 57.78M | 57.78M | 57.78M | 57.78M | 57.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE concentration and funding
As reported in recent financial statements, CCNE's total assets grew from 5.8 billion dollars in 2023Q4 to 8.5 billion dollars by 2026Q1, reflecting a deliberate strategy of organic expansion that prioritizes geographic footprint growth over the acquisition of existing, potentially legacy-burdened, regional banking institutions.
The rapid expansion of the asset base appears to be driven by the successful deployment of de novo brands like Ridge View Bank. Investors should monitor whether this pace of growth can be sustained without diluting the bank's credit underwriting standards or overextending its centralized back-office infrastructure.
Based on the provided quarterly data, CCNE has maintained a consistent equity-to-assets ratio of 0.10 throughout the last ten quarters, suggesting that the bank is successfully scaling its capital base in lockstep with its aggressive asset growth to maintain regulatory compliance and financial stability.
While the 0.10 ratio indicates a stable capital position, the bank's reliance on organic growth requires constant capital accretion to support new lending. The current capital structure appears adequate, but any significant shift in the risk-weighting of the loan book could necessitate a more conservative capital management approach.
According to the bank's balance sheet filings, the investment securities portfolio expanded from 5.2 billion dollars in 2023Q4 to 7.9 billion dollars in 2026Q1, serving as a primary liquidity reservoir that provides the bank with flexibility in managing its interest rate risk and funding requirements.
The heavy concentration in investment securities suggests that CCNE is utilizing its balance sheet to manage duration risk, though this strategy leaves the bank exposed to unrealized losses in a volatile rate environment. Analysts should investigate the composition of this portfolio to determine the extent of its sensitivity to interest rate fluctuations.
As indicated by the bank's recent expansion into Virginia and New York, CCNE is increasingly exposed to secondary market dynamics, which may introduce unforeseen credit risks that are not fully captured by the historical performance of its core Pennsylvania and Ohio manufacturing-heavy loan portfolios.
The shift toward new geographic markets may test the efficacy of the bank's decentralized brand model, as local credit decisioning requires deep market-specific knowledge. Investors should monitor whether the bank's risk management framework is sufficiently robust to handle the potential for localized economic downturns in these less-seasoned expansion territories.
Quick answers to the most common questions about buying CCNE stock.
As of 2025, CNB Financial Corporation (CCNE) had total assets of $8.40B including $942.9M in current assets.
CNB Financial Corporation (CCNE) carries total debt of $313.2M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
CNB Financial Corporation (CCNE) has total shareholders' equity (book value) of $872.1M ($35.35 book value per share). Book value represents the net worth of the company belonging to common stock holders.
CNB Financial Corporation (CCNE) reported a current ratio of 0.13x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.