CNB Financial traded at $29.39 this Friday May 15th, decreasing $1.00 or 3.29 percent since the previous trading session. Looking back, over the last four weeks, CNB Financial lost 3.54 percent. Over the last 12 months, its price rose by 28.96 percent. Looking ahead, we forecast CNB Financial to be priced at 28.80 by the end of this quarter and at 27.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
CNB Financial Corporation is a financial holding company that operates business primarily through its principal subsidiary, CNB Bank (the Bank). The Bank is a full-service bank, which is engaged in a range of banking activities and services, including trust and wealth management services for individual, business, governmental and institutional customers. The Bank’s operations include a private banking division, over two loan production offices, over one drive-up office and approximately 44 full-service offices in Pennsylvania, Ohio, New York and Virginia. Its divisions include ERIEBANK, which is based in Erie, Pennsylvania with offices in northwest Pennsylvania and northeast Ohio; FCBank, which is based in Worthington, Ohio with offices in central Ohio; BankOnBuffalo, which is based in Buffalo, New York with offices in northern New York, and Ridge View Bank, which has a loan production office in Roanoke, Virginia.