CNB Financial Corporation (CCNE)

The past six months for CNB Financial Corp. were marked by the merger with ESSA Bancorp, Inc. on July 23, 2025, which created an $8 billion-asset institution. The third quarter 2025 earnings report, released on October 30, 2025, reflected the impact of the ESSA acquisition, with a mild positive market reaction. Insider trading activity occurred in November and December 2025. The stock went ex-dividend on November 28, 2025. Over the past 52 weeks, the stock has traded between $19.32 and $28.04, and as of January 1, 2026, the stock price crossed above its 200-day moving average.

CNB Financial Corp. likely experiences some demand seasonality, with potential fluctuations in lending during spring and summer and deposit levels based on tax seasons and holiday spending. The company's focus on organic growth in loans and deposits suggests a continuous effort to attract and retain customers. The diversified nature of its product offerings and geographic footprint could also help mitigate the impact of strong seasonality.

CNB Financial Corporation is a diversified financial holding company based in Clearfield, Pennsylvania, operating primarily through CNB Bank. The company offers a range of banking products and services, including deposit accounts, real estate and commercial lending, private banking, treasury services, wealth management, and investments and insurance. CNB Financial Corp. operates several locally branded divisions of CNB Bank, including ERIEBANK, FCBank, BankOnBuffalo, Ridge View Bank, ESSA Bank, and Impressia Bank.

CNB Financial Corp. operates an extensive branch network across Pennsylvania, Ohio, Western New York, and Southwest Virginia. As of July 23, 2025, following the merger with ESSA Bancorp, Inc., the company operates 78 branches. Its presence includes central, northwest, and northeastern Pennsylvania, Cleveland and Columbus in Ohio, Buffalo and Rochester in Western New York, and the Roanoke region in Southwest Virginia.

CNB Financial Corporation's brand reputation is built on community focus, customer service, and strategic growth. The merger with ESSA Bancorp, Inc. expanded CNB's reach into eastern Pennsylvania and the greater Lehigh Valley market. CNB also highlights its commitment to community engagement, with employees logging a significant number of volunteer hours. The Impressia Bank division enhances its reputation for specialized and inclusive banking.

Institutional investors hold a significant stake in CNB Financial Corporation, with ownership reported between 57% and 60.8%. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and State Street Global Advisors, Inc. Individual insiders also hold a notable stake, and the general public owns a substantial portion of the shares. Hedge funds hold only a minimal stake.