CNB Financial (CCNE) Analysts See $0.51 EPS; Connectone Bancorp (CNOB) Has 1.13 Sentiment

ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Logo

Analysts expect CNB Financial Corporation (NASDAQ:CCNE) to report $0.51 EPS on July, 18.They anticipate $0.07 EPS change or 15.91% from last quarter’s $0.44 EPS. CCNE’s profit would be $7.80M giving it 14.97 P/E if the $0.51 EPS is correct. After having $0.46 EPS previously, CNB Financial Corporation’s analysts see 10.87% EPS growth. The stock decreased 0.55% or $0.17 during the last trading session, reaching $30.53. About 12,116 shares traded. CNB Financial Corporation (NASDAQ:CCNE) has risen 38.25% since June 29, 2017 and is uptrending. It has outperformed by 25.68% the S&P500. Some Historical CCNE News: 28/03/2018 – CNB Computers Purchases CVP Automated Packing Solution and ProShip Shipping Software; 05/05/2018 – DJ CNB Corporation, Inst Holders, 1Q 2018 (CNBW); 16/04/2018 – CNB Financial PA 1Q EPS 46c; 08/05/2018 – CNB FINANCIAL ANNOUNCES SECOND QUARTER DIVIDEND; 22/04/2018 – DJ CNB Financial Corporation, Inst Holders, 1Q 2018 (CCNE); 29/03/2018 – CEE MARKETS-Crown firms after CNB says slow appreciation could lead to faster tightening; 10/04/2018 – CZECH CENTRAL BANK SAYS PUBLISHED DATA REMAIN THE BIGGEST ANTI-INFLATIONARY RISK TO CNB’S CURRENT FORECAST; 11/04/2018 – Consolidated Research: 2018 Summary Expectations for Ternium S.A, CNB Financial, Barrick Gold, New York Mortgage Trust, Ascendi; 09/03/2018 CZECH CENTRAL BANK SAYS PUBLISHED FIGURES REPRESENT ANTI-INFLATIONARY RISK TO CNB’S FORECAST

Connectone Bancorp Inc (CNOB) investors sentiment decreased to 1.13 in 2018 Q1. It’s down -0.36, from 1.49 in 2017Q4. The ratio dropped, as 53 institutional investors increased and started new positions, while 47 sold and trimmed stock positions in Connectone Bancorp Inc. The institutional investors in our database now hold: 20.17 million shares, down from 20.62 million shares in 2017Q4. Also, the number of institutional investors holding Connectone Bancorp Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 38 Increased: 37 New Position: 16.

Another recent and important CNB Financial Corporation (NASDAQ:CCNE) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Capital Product Partners, Nova Measuring Instruments, BioSpecifics …” on June 06, 2018.

Investors sentiment decreased to 1.15 in 2018 Q1. Its down 0.13, from 1.28 in 2017Q4. It dived, as 3 investors sold CNB Financial Corporation shares while 23 reduced holdings. 9 funds opened positions while 21 raised stakes. 6.57 million shares or 3.21% more from 6.36 million shares in 2017Q4 were reported. Bryn Mawr Tru holds 0.03% or 20,966 shares in its portfolio. Bridgeway Capital Mgmt invested in 155,500 shares or 0.05% of the stock. Connors Investor has 0.07% invested in CNB Financial Corporation (NASDAQ:CCNE). Lsv Asset Mgmt holds 148,049 shares or 0.01% of its portfolio. Macquarie Gru Ltd stated it has 1,021 shares. Rhumbline Advisers has 14,324 shares. California State Teachers Retirement Systems invested 0% in CNB Financial Corporation (NASDAQ:CCNE). Martingale Asset Mgmt L P stated it has 75,028 shares. Tower Cap Ltd Limited Liability Company (Trc) holds 0% or 717 shares in its portfolio. Great West Life Assurance Can stated it has 101 shares. Moreover, Banc Funds Llc has 0.68% invested in CNB Financial Corporation (NASDAQ:CCNE) for 456,087 shares. Citigroup holds 4,444 shares. Bowling Portfolio Management Lc reported 45,024 shares. Ejf stated it has 0.32% of its portfolio in CNB Financial Corporation (NASDAQ:CCNE). Wellington Gru Llp has 543,329 shares for 0% of their portfolio.

Since February 7, 2018, it had 3 insider purchases, and 3 selling transactions for $43,050 activity. $29 worth of CNB Financial Corporation (NASDAQ:CCNE) was sold by BREAKEY MARK D. Straub Francis X III bought $26,910 worth of stock or 1,000 shares. 43 shares valued at $1,336 were bought by Scott Nicholas N. Jr. on Friday, June 15. Peterson Joel E. sold $60,426 worth of stock.

CNB Financial Corporation operates as the bank holding firm for CNB Bank that provides various banking services and products for individual, business, governmental, and institutional customers. The company has market cap of $466.67 million. The companyÂ’s principal services and products comprise checking, savings, and time deposit accounts; and real estate, commercial, industrial, residential, and consumer loans. It has a 19.07 P/E ratio. It also offers various other specialized financial services; and trust and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services.

Among 2 analysts covering CNB Financial (NASDAQ:CCNE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. CNB Financial had 2 analyst reports since April 11, 2018 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, April 10.

Analysts await ConnectOne Bancorp, Inc. (NASDAQ:CNOB) to report earnings on July, 26. They expect $0.53 EPS, up 26.19% or $0.11 from last year’s $0.42 per share. CNOB’s profit will be $17.06M for 11.86 P/E if the $0.53 EPS becomes a reality. After $0.53 actual EPS reported by ConnectOne Bancorp, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

ConnectOne Bancorp, Inc. operates as the bank holding firm for ConnectOne Bank that provides various banking services and products. The company has market cap of $809.45 million. The firm offers a range of deposit products, including personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, and NOW accounts. It has a 22.86 P/E ratio. It also provides personal and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; and other personal purpose loans.

It closed at $25.15 lastly. It is down 22.20% since June 29, 2017 and is uptrending. It has outperformed by 9.63% the S&P500. Some Historical CNOB News: 26/04/2018 – ConnectOne Bancorp 1Q EPS 13c; 26/04/2018 – ConnectOne Bancorp 1Q Net Interest Income $38.1M; 06/03/2018 ConnectOne Banc Non-Deal Roadshow Set By KBW for Mar. 13-14; 22/04/2018 – DJ ConnectOne Bancorp Inc, Inst Holders, 1Q 2018 (CNOB); 13/03/2018 – ConnectOne Banc at Non-Deal Roadshow Hosted By KBW Today; 17/04/2018 – In Celebration of World Book Day, AmazonCrossing Aims to Connect One Million Readers with Kindle Books in Translation

Clover Partners L.P. holds 4.85% of its portfolio in ConnectOne Bancorp, Inc. for 151,137 shares. Elizabeth Park Capital Advisors Ltd. owns 364,663 shares or 3% of their US portfolio. Moreover, Endeavour Capital Advisors Inc has 2.17% invested in the company for 461,558 shares. The Maryland-based Investment Counselors Of Maryland Llc has invested 1.23% in the stock. Ejf Capital Llc, a Virginia-based fund reported 500,000 shares.

CNB Financial Corporation (NASDAQ:CCNE) Institutional Positions Chart