Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 189

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 189
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 with respect to the unaudited prospective financial information contained herein, nor have they expressed any opinion or any other form of assurance on such information or its achievability. The report of Forvis Mazars, LLP contained in CNB’s Annual Report on Form 10-K forthe year ended December 31, 2023, which is incorporated by reference into this joint proxy statement/prospectus, relates to the historical financial information of CNB. It does not extend to the unaudited prospective financial information and should not be read to do so. Furthermore, the unaudited prospective financial information does not take into account any circumstances or events occurring after the dates on which it was prepared. The following table presents a summary of the CNB management forecasts relating to CNB (on a standalone basis) for the quarter ended December 31, 2024 and calendar years 2025 through 2028, which CNB management provided to Piper Sandler for purposes of its financial analysis.

| (in thousands, except per share data) |     | 4Q 2024E |        |     | Year Ending December 31, 
 2025E                    |        |     | 2026E |        |     | 2027E |        |     | 2028E |        |
|:--------------------------------------|:----|:---------|-------:|:----|:-------------------------|-------:|:----|:------|-------:|:----|:------|-------:|:----|:------|-------:|
| Net Income                            |     | $        | 12,700 |     | $                        | 53,743 |     | $     | 60,200 |     | $     | 64,414 |     | $     | 68,923 |
| Earnings per share                    |     | $        |   0.61 |     | $                        |   2.57 |     | $     |   2.88 |     | $     |   3.08 |     | $     |   3.30 |
| Dividends per share                   |     | $        |   0.18 |     | $                        |   0.72 |     | $     |   0.72 |     | $     |   0.72 |     | $     |   0.72 |
| Tangible book value per share(1)      |     |