CNB Financial and ESSA Bancorp Merger Approved

Cnb Financial ( (CCNE) ) just unveiled an announcement.

On June 30, 2025, CNB Financial Corporation and ESSA Bancorp, Inc. announced they received the necessary regulatory approvals to proceed with their merger, expected to close on July 23, 2025. This merger aims to combine the strengths of both institutions, enhancing their service offerings and market reach while maintaining a client-focused approach, benefiting customers, employees, and shareholders.

The most recent analyst rating on (CCNE) stock is a Buy with a $26.50 price target. To see the full list of analyst forecasts on Cnb Financial stock, see the CCNE Stock Forecast page.

Spark’s Take on CCNE Stock

According to Spark, TipRanks’ AI Analyst, CCNE is a Neutral.

Cnb Financial’s strong financial performance and attractive valuation are significant positives, supporting a solid score. However, neutral technical indicators and recent concerns about net income decline slightly temper the overall outlook.

To see Spark’s full report on CCNE stock, click here.

More about Cnb Financial

CNB Financial Corporation is a financial holding company with approximately $6.3 billion in consolidated assets, operating primarily through CNB Bank, which offers a full range of banking services including trust and wealth management. CNB Bank operates various divisions across Pennsylvania, Ohio, New York, and Virginia. ESSA Bancorp, Inc., the holding company for ESSA Bank & Trust, has assets totaling $2.2 billion and provides commercial and retail financial services, asset management, and investment services through its offices in Pennsylvania.

Average Trading Volume: 71,506

Technical Sentiment Signal: Strong Buy

Current Market Cap: $480.2M

For an in-depth examination of CCNE stock, go to TipRanks’ Overview page.