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CNB Financial Highlights Financial Performance and Merger Risks

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CNB Financial Highlights Financial Performance and Merger Risks

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Cnb Financial ( (CCNE) ) has shared an announcement.

On January 28, 2025, CNB Financial Corporation presented an investor presentation that highlighted its financial position, with total assets of $6.2 billion, deposits of $5.4 billion, and loans totaling $4.6 billion. The corporation’s Return on Average Assets was 0.93% and Return on Average Tangible Common Equity was 10.25% as of December 31, 2024. The presentation also included information about the potential risks and uncertainties that could impact the company’s future performance, such as changes in the economic environment and regulatory approvals for its pending merger with ESSA. Investors are advised to consider these factors when analyzing the corporation’s future prospects.

More about Cnb Financial

CNB Financial Corporation, the parent company of CNB Bank, operates in the financial services industry and offers a wide range of banking services through its 55 full-service offices and additional locations across Pennsylvania, New York, Ohio, and Virginia. Its regional divisions include CNB Bank, FCBank, ERIEBANK, BankOnBuffalo, Ridge View Bank, and Impressia Bank, all operating under one charter. The corporation is publicly traded on Nasdaq under the symbols CCNE and CCNEP, with a market capitalization of approximately $526 million as of the end of 2024.

YTD Price Performance: 4.32%

Average Trading Volume: 68,637

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $529.9M

Learn more about CCNE stock on TipRanks’ Stock Analysis page.

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