CLEARFIELD, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- 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. Executive Summary 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 quarterly incr ...

Mr. Michael Noah has been promoted to Executive Vice President and Chief Operating Officer. Mr. Noah has been with CNB Bank since 2017 and has served as the Regional President of its BankOnBuffalo division since 2021. In his new role as Chief Operating Officer, Mr. Noah will be the lead officer of the Bank's Regional Presidents. Working with these Regional Presidents and their leadership teams, Mr. Noah will be responsible for ensuring the implementation of the Corporation's loan and deposit growth strategi ...

CLEARFIELD, Pa., July 11, 2024 (GLOBE NEWSWIRE) -- CNB Bank ("Bank"), the wholly-owned banking subsidiary of CNB Financial Corporation ("Corporation") (NASDAQ: CCNE), today announced senior management changes as approved by the Board of Directors at a meeting held on July 9, 2024. Mr. Richard Greslick has been appointed as Senior Executive Vice President and Chief Administrative Officer for CNB Bank. Mr. Greslick has been with CNB Bank since 1998, and previously held several senior management positions incl ...

CLEARFIELD, Pa., May 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (NASDAQ:CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of $0.4453125 per depositary share (NASDAQ:CCNEP), resulting from the Corporation's declaration of a quarterly cash dividend of $17.8125 per share on its Series A Preferred Stock. The dividend is payable on May 31, 2024, to holders of record as of May 17, 2024. CNB Financial Corporation is a financial holding compan ...

Table of Contents Table of Contents 4 Table of Contents Table of Contents CNB Financial Corporation (the "Corporation") is headquartered in Clearfield, Pennsylvania, and provides a full range of banking and related services through its wholly owned subsidiary, CNB Bank (the "Bank"). In addition, the Bank provides wealth and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans as well as a full range of wealth management services. T ...

CNB Financial (CCNE) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected that this bank holding company would post earnings of $0.54 per share when it actually produced earnings of $0.62, delivering a surprise of 14.81%.Over the last four quarters, th ...

CNB FINANCIAL CORPORATION CONSOLIDATED FINANCIAL DATA Unaudited (dollars in thousands, except per share data) Three Months Ended Contact: Tito L. Lima Treasurer (814) 765-9621 FOR IMMEDIATE RELEASE Executive Summary News Release Clearfield, Pennsylvania – April 15, 2024 • Net income available to common shareholders ("earnings") was $11.5 million, or $0.55 per diluted share, for the three months ended March 31, 2024, compared to earnings of $12.9 million, or $0.62 per diluted share, for the three months ende ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find s ...

8 Table of Contents Table of Contents ITEM 1A. RISK FACTORS Table of Contents In an extreme situation, it is possible that the capitalization of an FHLB, including the FHLB of Pittsburgh, could be substantially diminished or reduced to zero. Consequently, given that there is no trading market for the Bank's FHLB common stock, the Corporation's management believes that there is a risk that the Corporation's investment could be deemed impaired at some time in the future. If this occurs, it may adversely affec ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Zacks has developed the innov ...