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CNB Financial Gets Fed Approval for Share Buyback

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CNB Financial Gets Fed Approval for Share Buyback

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An update from Cnb Financial ( (CCNE) ) is now available.

On June 23, 2025, CNB Financial Corporation received approval from the Federal Reserve Bank of Philadelphia for its 2025 Common Share Repurchase Program. The program authorizes the company to repurchase up to 500,000 shares of its common stock, with a total purchase price not exceeding $15 million, from June 23, 2025, to June 10, 2026, through various market transactions.

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 Outperform.

CNB Financial’s strong financial performance and attractive valuation metrics are the main strengths, complemented by positive corporate events like the merger with ESSA Bancorp. However, technical indicators suggest potential short-term overbought conditions, and recent corporate disclosures indicate some profitability pressures.

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

More about Cnb Financial

Average Trading Volume: 71,810

Technical Sentiment Signal: Strong Buy

Current Market Cap: $480.2M

See more insights into CCNE stock on TipRanks’ Stock Analysis page.

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