CNB Financial Corporation (CCNE) reported third-quarter 2026 net income of $28.061 million, compared with $19.990 million a year earlier; diluted earnings per common share were $0.91, compared with $0.69. Net interest income was $76.305 million, versus $67.129 million, and provision for credit loss expense was $3.471 million, versus $2.069 million.
For the first nine months of 2026, net income was $83.401 million, compared with $45.427 million, and net cash provided by operating activities was $61.248 million, compared with $38.879 million. At September 30, 2026, total assets were $8.385 billion, deposits were $7.048 billion and loans receivable were $6.621 billion. The company reported net cash used in investing activities of $203.747 million for the nine-month period.
Available-for-sale debt securities had $67.112 million of unrealized losses at September 30, 2026, compared with $35.403 million at December 31, 2025. Management concluded the decline in fair value was not due to credit losses and no credit allowance was required at September 30.
CNB Financial Corporation (CCNE) reported Q3 2026 net income available to common shareholders of $27.0 million, versus $18.9 million a year earlier; diluted earnings per share was $0.91 versus $0.69. For the first nine months, net income available to common shareholders was $80.2 million versus $42.2 million, with diluted earnings per share of $2.69 versus $1.81.
Third-quarter revenue was $87.8 million versus $77.7 million, and net interest margin was 3.89% versus 3.69%. Organic loans totaled $6.5 billion as of September 30, 2026, excluding $124.1 million of syndicated loans. Deposits were $7.0 billion and declined $32.6 million from the prior quarter after the exit of approximately $76.1 million of higher-cost corporate deposits; excluding that exit, deposits increased approximately $43.5 million.
Nonperforming assets were $56.9 million as of September 30, 2026, versus $40.4 million a year earlier; quarterly net loan charge-offs were $2.4 million versus $957,000. Pre-tax unrealized securities losses were $81.9 million, or 8.98% of shareholders’ equity, while capital ratios would still exceed regulatory well-capitalized levels if those losses were fully recognized. The company recast certain 2025 comparisons after adopting ASU 2025-08, which affected credit-loss expense timing but not acquired assets’ economics or cash flows; it said the change was not an error, correction, or restatement.
CNB Financial Corporation declared a quarterly cash dividend of $0.4453125 per depositary share, resulting from a $17.8125 quarterly dividend per share of its 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The depositary-share distribution is payable December 1, 2026, to holders of record November 15, 2026.
CNB Financial Corporation’s Board of Directors declared a quarterly cash dividend of $0.19 per share on its common stock. The dividend is payable on September 15, 2026 to shareholders of record as of September 1, 2026.
CNB Financial Corporation is a financial holding company with consolidated assets of approximately $8.4 billion, operating primarily through CNB Bank. CNB Bank provides a full range of banking, trust, and wealth management services through 79 offices across Pennsylvania, Ohio, New York, and Virginia under multiple regional brands.
CNB Financial Corporation reported strong results for the quarter ended June 30, 2026. Net income was $28,304 thousand, compared with $13,956 thousand a year earlier, and net income available to common shareholders was $27,229 thousand. Basic earnings per common share were $0.92 versus $0.61 in the prior-year quarter, driven by higher net interest income of $76,344 thousand and a lower provision for credit losses of $1,777 thousand. For the first six months of 2026, net income totaled $55,340 thousand, up from $25,437 thousand in the same period of 2025.
The balance sheet expanded modestly, with total assets of $8,432,169 thousand at June 30, 2026. Loans receivable were $6,513,861 thousand and deposits were $7,080,464 thousand, providing the core funding base. Shareholders’ equity increased to $909,447 thousand, supported by retained earnings growth despite an accumulated other comprehensive loss of $36,560 thousand from securities valuation changes.
Asset quality remained supported by an allowance for credit losses of $67,455 thousand, slightly higher than year-end 2025, while provision expense for the first half of 2026 at $2,775 thousand was well below the prior year. Nonaccrual loans were $54,842 thousand. The company continued to digest its 2025 ESSA Bancorp acquisition, carrying total goodwill of $87.3 million, including $43.6 million related to ESSA, with management concluding no goodwill impairment as of June 30, 2026.
CNB Financial Corp/PA President & CEO Michael D. Peduzzi purchased 1,100 shares of common stock on 2026-08-05 at $35.3712 per share, increasing his directly held stake to 56,418 shares. Indirect holdings through a 401K Plan now total 3,718.2200 shares, reflecting an adjustment to the latest plan statement.
CNB Financial Corporation reported strong second-quarter 2026 results, with net income available to common shareholders of $27.2 million, or $0.91 per diluted share, up from $26.0 million, or $0.88, in the prior quarter and $12.9 million, or $0.61, a year earlier. For the first six months of 2026, net income available to common shareholders was $53.2 million, or $1.79 per diluted share, compared with $23.3 million, or $1.10, for the same period in 2025, driven by higher net interest income, increased non-interest income, and the impact of the ESSA acquisition.
Total revenue for the quarter was $87.6 million, versus $83.3 million in Q1 2026 and $61.2 million in Q2 2025. Net interest income rose to $76.3 million, and the net interest margin improved to 3.88% (3.89% on a fully tax-equivalent basis). Pre-provision net revenue reached $36.9 million, and the efficiency ratio on a fully tax-equivalent basis improved to 56.14%. Loans totaled $6.4 billion excluding $93.9 million of syndicated balances, with organic loan growth of $64.3 million in the quarter, while deposits were $7.1 billion; excluding the deliberate exit of a $140.0 million higher-cost municipal relationship, deposits increased $71.6 million and noninterest-bearing deposits grew $22.7 million.
Asset quality metrics remain manageable but showed some pressure: nonperforming assets were $58.4 million, or 0.69% of total assets, up from $49.2 million (0.58%) at March 31, 2026 and $30.4 million (0.48%) a year earlier, with net loan charge-offs of $1.4 million, or 0.09% annualized of average loans. The allowance for credit losses was 1.04% of total loans, and coverage of nonaccrual loans was 123.00%. Capital and liquidity are solid, with total shareholders’ equity of $909.4 million, common shareholders’ equity to total assets of 10.10%, tangible common equity to tangible assets of 8.81%, and estimated liquidity sources of about 4.8 times adjusted uninsured deposits, while all regulatory capital ratios remain above “well-capitalized” thresholds.
CNB Financial Corporation declared a quarterly cash dividend of $17.8125 per share on its 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. This corresponds to a distribution of $0.4453125 per Depositary Share (CCNEP), each representing a 1/40th interest in a preferred share.
The dividend is payable on September 1, 2026 to holders of record of the Depositary Shares as of August 15, 2026. The dividend will be paid to the depositary for the Series A Preferred Stock, which will distribute it to Depositary Share holders. CNB Financial, a financial holding company with consolidated assets of approximately $8.4 billion, operates 79 offices through CNB Bank across Pennsylvania, Ohio, New York, and Virginia.
CNB Financial Corporation reported that director Gary Olson has resigned from its Board of Directors for personal reasons, effective July 31, 2026. The company states that his resignation is not due to any disagreement regarding its operations, policies, or practices. Olson is also resigning from the board of the company’s subsidiary, CNB Bank, effective the same date. The report is signed on behalf of the company by Treasurer Tito L. Lima on July 10, 2026.
CNB Financial Corporation filed an amendment to its shelf registration (Form S-3/A) for the delayed, pro rata offering and sale of common stock, preferred stock, depositary shares and/or debt securities up to an aggregate $150,000,000. The prospectus is a base shelf providing general terms; specific offerings will be described in prospectus supplements.
The prospectus notes 29,623,819 shares outstanding as of June 24, 2026, an authorized share cap of 50,000,000, and discloses 57,760 shares of Series A Preferred outstanding with a $1,000 liquidation preference and a 7.125% annual dividend. The company states the last reported NASDAQ sale price: $33.74 (July 6, 2026).