CNB FINANCIAL CORP/PA

CNB Financial Corporation announced that its Board of Directors approved a new common share repurchase program. The program authorizes the repurchase of up to 500,000 shares of common stock, with an aggregate purchase price not exceeding $15,000,000. This program will run from June 10, 2026, to June 10, 2027, following the expiration of the previous 2025 program.

CNB Financial Corporation's Board of Directors declared a quarterly cash dividend of $0.19 per share of common stock. This dividend is payable on June 15, 2026, to shareholders of record as of June 1, 2026. The company, with approximately $8.5 billion in consolidated assets, operates primarily through its principal subsidiary, CNB Bank, across multiple states.

CNB Financial Corporation reported strong financial results for the first quarter of 2026, with net income surging to $27.0 million, a 135.5% increase year-over-year. Diluted earnings per share also saw a significant rise to $0.88. The company's net interest income grew by over 50%, contributing to the robust performance. Total assets and deposits showed modest growth from the previous quarter, reflecting continued expansion, partly influenced by the ESSA Bancorp acquisition in the prior year.

CNB Financial Corporation announced that it will deliver a presentation at its 2026 Annual Meeting of Shareholders on April 21, 2026. The presentation materials will also be accessible on the company's investor relations website. This disclosure is a routine update regarding the upcoming annual meeting.

CNB Financial Corporation reported net income of $26.0 million, or $0.88 per diluted share, for Q1 2026. This represents a slight increase of $0.01 per diluted share compared to adjusted earnings in Q4 2025, but a significant increase from $0.50 per diluted share in Q1 2025. The company experienced a decrease in organic loans by $67.3 million, while organic deposits grew by $115.0 million, and net interest margin remained relatively stable at 3.83%.

CNB Financial Corporation reported net income of $26.0 million, or $0.88 per diluted share, for the first quarter of 2026. This represents an increase compared to $10.4 million ($0.50 per diluted share) in Q1 2025, but a decrease from $32.6 million ($1.10 per diluted share) in Q4 2025. The company saw organic deposit growth of $115.0 million, while organic loans decreased by $67.3 million. Nonperforming assets increased to $49.2 million, though net loan charge-offs decreased. Book value per common share increased to $28.06.

CNB Financial Corporation's Board of Directors has declared a quarterly cash dividend of $0.4453125 per depositary share (CCNEP). This dividend results from a $17.8125 per share dividend on its Series A Preferred Stock. The payment is scheduled for June 1, 2026, to shareholders of record as of May 15, 2026, providing a return to investors.