Company: CCNE
Filing Date: 2025-04-09
Form Type: 425
Source: 0001193125-25-076836
Chunk: 4

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-04-09
Form: 425
Chunk 4
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87 |     |       | 321 |     |                   |  0.30 |   |     |        |   1.7 |   |     |     | 2.66 |     |     | 85.7 |     |                                 | 111 |     |       |   NM |     |      |   NM |     |   — |     |   293 |

Note: Includes major exchange-traded (NASDAQ, NYSE and NYSEAM) banks headquartered in the Mid-Atlantic region, as defined by S&P Capital IQ Pro, with total assets between $3.0 billion and $9.0 billion; Excludes targets of announced mergers and The Bancorp, Inc. (TBBK) due to non-traditional business model; Bank level Call Report financial data shown where consolidated financials unavailable; “NR” stands for “Not Reported” denoting a bank’s election into the Community Bank Leverage Ratio (CBLR) framework; “NM” stands for “Not Meaningful” reflecting a Price / EPS multiple less than 0.0x or greater than 30.0x; Institutions not shown pro forma for pending or recently closed acquisitions or divestitures

2. The disclosure under the heading “The Merger — Opinion of CNB’s Financial Advisor — Comparable Company Analyses” is hereby amended by deleting the table of company names at the bottom of page 124 (ESSA Peer Group) of the joint proxy statement/prospectus and replacing it with the following:

| Financials as of September 30, 2024     |     |       |     |        |     | Balance Sheet |       |     |        |       |     |        |      |     | Capital Position |       |     |       |       |     |       |       |     |       |     |     | LTM Profitability |      |     |        |      |     |     |      |     |     |      |     | Valuation as of January 7, 2025 |     |     |       |      |     |      |      |     |     |     |     |
|:----------------------------------------|:----|:------|:----|:-------|:----|:--------------|------:|:----|:-------|------:|:----|:-------|-----:|:----|:-----------------|------:|:----|:------|------:|:----|:------