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,
(217) 854-2674
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
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)

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