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CNB Financial (CNB Financial) Debt-to-Equity : 0.25 (As of Dec. 2023)


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What is CNB Financial Debt-to-Equity?

CNB Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. CNB Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $142.5 Mil. CNB Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $571.2 Mil. CNB Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CNB Financial's Debt-to-Equity or its related term are showing as below:

CCNE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.87   Max: 1.45
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of CNB Financial was 1.45. The lowest was 0.22. And the median was 0.87.

CCNE's Debt-to-Equity is ranked better than
78.77% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs CCNE: 0.25

CNB Financial Debt-to-Equity Historical Data

The historical data trend for CNB Financial's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CNB Financial Debt-to-Equity Chart

CNB Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.22 0.28 0.51 0.25

CNB Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.44 0.26 0.26 0.25

Competitive Comparison of CNB Financial's Debt-to-Equity

For the Banks - Regional subindustry, CNB Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNB Financial's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNB Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CNB Financial's Debt-to-Equity falls into.



CNB Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CNB Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CNB Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNB Financial  (NAS:CCNE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CNB Financial Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CNB Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CNB Financial (CNB Financial) Business Description

Traded in Other Exchanges
Address
1 South Second Street, P.O. Box 42, Clearfield, PA, USA, 16830
CNB Financial Corp is providing integrated financial solutions, which create value for both consumers and businesses. These solutions encompass deposit accounts, private banking, real estate, commercial, industrial, residential and consumer loans and lines of credit, credit cards, treasury services, online banking, mobile banking, merchant credit card processing, remote deposit and accounts receivable handling. In addition, the corporation provides wealth and asset management services, retirement plans and other employee benefit plans.
Executives
Michael D Peduzzi officer: President & COO 31 SOUTH SECOND STREET, CLEARFIELD PA 16830
Julie M. Young director 6739 KENSINGTON WAY, WORTHINGTON OH 43085
Scott Nicholas N. Jr. director 6428 FAIR OAKS CIRCLE, FAIRVIEW PA 16415
N. Michael Obi director 489 PIERSON DR., RICHMOND HEIGHTS OH 44143
Renee Richard director 31 S 2ND STREET, CLEARFIELD PA 16830
Straub Francis X Iii director 342 W THERESIA RD, ST. MARY'S PA 15857
Peter F Smith director C/O CNB FINANCIAL CORP, 102 ELIZABETH ST, CLEARFIELD PA 16830
Heather J. Koptchak officer: SVP/Chief ofEmployee Resources 31 S 2ND STREET, CLEARFIELD PA 16830
Jeffrey S Powell director 101 BRENTWOOD DRIVE, PHILIPSBURG PA 16866
Deborah Dick Pontzer director
Tito L Lima officer: EVP/CFO 212 TOWHEE DRIVE, BOALSBURG PA 16827
Richard B. Seager director 422 4TH AVENUE, WARREN PA 16365
Bower Joseph B Jr officer: Executive Vice President RR 2 BOX 45B, CLEARFIELD PA 16830
Angela D. Wilcoxson officer: EVP/Commercial Banking 1836 CURRY LANE, TWINSBURG OH 44087
Mary Ann Conaway officer: SVP/HR 418 DEER HAVEN RD., FRENCHVILLE PA 16836