Is CNB Financial Corp. (Pennsylvania) overvalued or undervalued?

As of 30 June 2025, CNB Financial Corp. (Pennsylvania) has moved from expensive to fair in its valuation grade. The company appears to be fairly valued based on its current P/E ratio of 9, which is lower than the peer average of approximately 13.93, and a price-to-book value of 0.74. Additionally, its EV to EBITDA ratio stands at 0.11, indicating a potentially attractive valuation compared to its peers.
In comparison to its peers, Camden National Corp. has a P/E ratio of 11.68 and South Plains Financial, Inc. has a P/E of 12.14, both of which suggest that CNB Financial is positioned competitively within the regional banks sector. Notably, while CNB Financial's stock has returned 7.46% over the past year, it has underperformed the S&P 500's return of 17.14%, which may indicate that the market has not fully recognized its fair valuation yet.