CNB Bank - M&A Summary and Business Overview

Financial ServicesCompany

CNB Bank M&A Summary

CNB Bank has acquired 1 company.

CNB Bank’s largest acquisition to date was in 2015, when it acquired Lake National Bank for $25M. CNB Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

CNB Bank Business Overview

Where is CNB Bank headquartered?

CNB Bank is headquartered in Clearfield, Pennsylvania.

What is CNB Bank’s revenue?

CNB Bank disclosed revenue of 220M USD for 2022 and 189M USD for 2021.

How many employees does CNB Bank have?

CNB Bank has 722 employees.

What sector is CNB Bank in?

CNB Bank is a financial services company.

When was CNB Bank founded?

CNB Bank was founded in 1865.

M&A Summary

M&A Total Activity1
- M&A Buy Activity1
Total Sectors Invested 1
Total Countries Invested 1
M&A Advisors 1

CNB Bank

CNB Financial Corp.

1 South Second Street, PO Box 42,
Clearfield, Pennsylvania 16830
United States,
(814) 765-9621
www.cnbbank.bank

CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank was incorporated in 1865 and is based in Clearfield, Pennsylvania.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.0/yr)	#	1	-	-	-	-	-	1
Buy (0.0/yr)	vol	$25M						$25M
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								1

Most Recent M&A

Company	Date	Value	Type
Lake National Bank	2015-12-30	25M USD	Add-on Acquisition
Mentor, Ohio · www.lakenationalbank.com
View All >>

M&A by Sector

Sector		Buy #	Value	Sell #	Value
Financial Services		1 (100%)	25M (100%)	-	-
Total		1	$25M	-	-

By Geo

State/Country		Buy	Value	Sell	Value
United States		1	25M	-	-
	Ohio	1	25M	-	-
Total		1	$25M	-	-

Top M&A Advisors

Legal	Deals
Hogan Lovells	1

Deal Values

buy	#	Total
< $100M	1	$25M
TOTAL		$25M
Largest	Lake National Bank $25M (2015-12-30)

Company Summary

SECTOR

Financial Services

Revenue

220 17%	2022
189 19%	2021
160 16%	2020
139 14%	2019
123 12%	2018
110 14%	2017
97	2016
(millions of USD)	Show More Show Less

Employees

722

Established

1865

Public

NASDAQ: CCNE

Subscribe to unlock this and 202,314
investor and company profiles

Sign-up today to get full access

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

Stay informed on events in your industry
M&A research that takes seconds (not all afternoon)
Better understand your customers and prospects
Discover active buyers (or sellers)

Search

4.6K Private Equity Firms
194K M&A Transactions
198K Companies Involved in M&A
(Buyer, Seller, or Target)
3.6K M&A Advisors
(Investment Banks and Law Firms)
75K M&A Contacts
(PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for CNB Bank

Pennsylvania Companies , Financial Services Companies , United States Companies , Pennsylvania Financial Services Companies , Pennsylvania Financial Services with Acquisitions , Pennsylvania Financial Services with Divestitures

Related Lists for Pennsylvania Companies

Largest Pennsylvania Companies , Acquisitive Pennsylvania Companies , Recently Acquired Pennsylvania Companies , Recently Sold Pennsylvania Companies , Private Pennsylvania Companies , Public Pennsylvania Companies , Acquired Pennsylvania Companies , PE Backed Pennsylvania Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies

CNB Bank - M&A Summary and Business Overview

Financial ServicesCompany