Recent Updates — CCNE
CNB Financial Corporation reported second quarter 2026 net income of $27.2 million, or $0.91 per diluted share, compared to $26.0 million ($0.88 per share) in Q1 2026 and $12.9 million ($0.61 per share) in Q2 2025. Total loans were $6.4 billion and total deposits were $7.1 billion as of June 30, 2026. On June 15, 2026, the company completed a $50.0 million partial redemption of its 3.25% Fixed-to-Floating Rate Subordinated Notes, leaving $35.0 million outstanding. Net interest margin was 3.88% for the quarter. The company also noted the one-year anniversary of its acquisition of ESSA Bancorp, Inc. on July 23, 2025. The company is a financial holding company that operates CNB Bank, providing full-service banking, trust, and wealth management services.
On June 15, 2026, CNB Financial Corporation completed a partial redemption of $50,000,000 in aggregate principal amount of its 3.25% Fixed-to-Floating Rate Subordinated Notes due June 15, 2031. The redemption was executed at 100% of the principal amount plus accrued and unpaid interest. Following this transaction, $35,000,000 in aggregate principal amount of these Subordinated Notes remains outstanding. The company is a financial services holding company that operates CNB Bank.
CNB Financial Corporation's Board of Directors approved the 2026 Common Share Repurchase Program, authorizing the company to repurchase up to 500,000 shares of common stock for an aggregate purchase price not exceeding $15,000,000. The program is authorized to run from June 10, 2026, through June 10, 2027. CNB Financial Corporation is a financial services company providing banking and investment services.