CNB Financial(CCNE)
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CNB Financial Corporation and ESSA Bancorp, Inc. Announce Strategic Merger
GlobeNewswire· 2025-01-10 12:30
CLEARFIELD, PA and STROUDSBURG, PA, Jan. 10, 2025 (GLOBE NEWSWIRE) -- CNB Financial Corporation (Nasdaq: CCNE) (“CNB”), parent company of CNB Bank, and ESSA Bancorp, Inc. (Nasdaq: ESSA) (“ESSA”), parent company of ESSA Bank & Trust (“ESSA Bank”), jointly announced today that they have entered into a definitive agreement pursuant to which ESSA will merge with and into CNB, and ESSA Bank will merge with and into CNB Bank. The combined company is expected to have approximately $8 billion in total assets, $7 bi ...
CNB Financial(CCNE) - 2024 Q3 - Quarterly Report
2024-11-06 21:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39472 CNB FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 25-1450605 (State or other jurisdic ...
What Makes CNB (CCNE) a New Buy Stock
ZACKS· 2024-10-24 17:02
CNB Financial (CCNE) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changing ...
CNB Financial (CCNE) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-21 22:15
CNB Financial (CCNE) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.93%. A quarter ago, it was expected that this bank holding company would post earnings of $0.53 per share when it actually produced earnings of $0.56, delivering a surprise of 5.66%. Over the last four quarters, t ...
CNB Financial(CCNE) - 2024 Q3 - Quarterly Results
2024-10-21 20:19
News Release Contact: Tito L. Lima Treasurer (814) 765-9621 FOR IMMEDIATE RELEASE CNB FINANCIAL CORPORATION REPORTS THIRD QUARTER 2024 RESULTS Clearfield, Pennsylvania – October 21, 2024 CNB Financial Corporation ("Corporation") (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and nine months ended September 30, 2024. Executive Summary • Net income available to common shareholders ("earnings") was $12.9 million, or $0.61 per diluted share, for the three months ended ...
CNB Financial Corporation Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-21 20:05
CLEARFIELD, Pa., Oct. 21, 2024 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and nine months ended September 30, 2024. Executive Summary Net income available to common shareholders ("earnings") was $12.9 million, or $0.61 per diluted share, for the three months ended September 30, 2024, compared to earnings of $11.9 million, or $0.56 per diluted share, for the three months ended June 30, 2024. The quar ...
CNB Financial(CCNE) - 2024 Q2 - Quarterly Report
2024-08-07 20:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39472 CNB FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 25-1450605 (State or other jurisdiction ...
CNB Financial (CCNE) Q2 Earnings Surpass Estimates
ZACKS· 2024-07-18 22:25
CNB Financial (CCNE) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items. CNB, which belongs to the Zacks Banks - Northeast industry, posted revenues of $54.58 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 1.30%. This compares to year-ago revenues of $55.55 million. The company has topped consensus revenue est ...
CNB Financial(CCNE) - 2024 Q2 - Quarterly Results
2024-07-18 20:13
News Release CNB FINANCIAL CORPORATION REPORTS SECOND QUARTER 2024 RESULTS CNB Financial Corporation ("Corporation") (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and six months ended June 30, 2024. • Net income available to common shareholders ("earnings") was $11.9 million, or $0.56 per diluted share, for the three months ended June 30, 2024, compared to earnings of $11.5 million, or $0.55 per diluted share, for the three months ended March 31, 2024. The quarte ...
CNB Financial Corporation Reports Second Quarter 2024 Results
Newsfilter· 2024-07-18 20:05
| --- | --- | |----------|----------| | | | | $ 37,424 | $ 35,988 | | 20 | 23 | | $ 37,404 | $ 35,965 | | $ 8,955 | $ 8,293 | | $ 45,222 | $ 47,260 | | 1,337 | 1,349 | | 1,932 | 1,906 | | 45,817 | 47,817 | | $ 54,772 | $ 56,110 | CNB FINANCIAL CORPORATION CONSOLIDATED FINANCIAL DATA Unaudited (dollars in thousands, except per share data) Reconciliation of Non-GAAP Financial Measures | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------|-------|----------------- ...