Is CCNE or CFR more undervalued in 2026?

CirclFi compares CNB Financial Corporation (CCNE) and Cullen/Frost Bankers, Inc. (CFR) using 13 institutional-grade valuation models. CCNE has a Quality of Company score of 8.7/10 while CFR scores 8.2/10.

Which is a better buy — CCNE or CFR?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do CCNE and CFR valuations compare?

CCNE at $30.80 and CFR at $136.26 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CCNE vs CFR Valuation Comparison 2026 — Intrinsic Value Analysis

CCNE

Banks - Regional

CNB Financial Corporation

Quality

8.7

out of 10

Value Trap

SAFE

Price

$30.80

Last close

Models

11/13

Active

CFR

Banks - Regional

Cullen/Frost Bankers, Inc.

Quality

8.2

out of 10

Value Trap

—

Price

$136.26

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	CCNE Fair Value	CCNE Upside	CFR Fair Value	CFR Upside
Bayesian DCF	Intrinsic	$23.11	-25.0%	$116.57	-14.5%
Earnings Power Value	Intrinsic	$31.65	+2.8%	$253.99	+86.4%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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CCNE vs CFR — Which Stock Is More Undervalued?

CCNE scores higher with a 8.7/10 quality rating vs CFR's 8.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing CNB Financial Corporation (CCNE) and Cullen/Frost Bankers, Inc. (CFR) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

CCNE currently trades at $30.80 with a QOC of 8.7/10, while CFR trades at $136.26 with a QOC of 8.2/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).