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On January 10, 2025, Clearfield, PA-based CNB Financial Corporation (NASDAQ:CCNE) ("CNB"), parent company of CNB Bank, and Stroudsburg, PA-based ESSA Bancorp, Inc. (NASDAQ:ESSA) ("ESSA"), parent company of ESSA Bank & Trust ("ESSA Bank"), jointly announced that they had entered into a definitive agreement pursuant to which ESSA would merge with and into CNB and ESSA Bank would merge with and into CNB Bank. The transaction, valued at $214 million (P/TBV: 0.99x), is an all-stock deal expected to close in 3Q25 pending regulatory approval. Under the agreement, CNB and CNB Bank will each add three directors from ESSA to their respective board of directors including Gary S. Olson, current Preside
CLEARFIELD, PA and STROUDSBURG, PA, Jan. 10, 2025 (GLOBE NEWSWIRE) -- CNB Financial Corporation (NASDAQ:CCNE) ("CNB"), parent company of CNB Bank, and ESSA Bancorp, Inc. (NASDAQ:ESSA) ("ESSA"), parent company of ESSA Bank & Trust ("ESSA Bank"), jointly announced today that they have entered into a definitive agreement pursuant to which ESSA will merge with and into CNB, and ESSA Bank will merge with and into CNB Bank. The combined company is expected to have approximately $8 billion in total assets, $7 billion in total deposits, and $6 billion in total loans. The transaction consideration is all common stock and is presently valued at approximately $214 million in the aggregate, or approx
STROUDSBURG, PA / ACCESSWIRE / November 20, 2024 / ESSA Bancorp, Inc. (NASDAQ:ESSA), the holding company for ESSA Bank & Trust, today announced that its Board of Directors declared a dividend of fifteen cents ($0.15) per share. The dividend is payable to shareholders of record as of December 16, 2024, payable on December 30, 2024.About the Company ESSA Bancorp, Inc. is the holding company for its wholly owned subsidiary, ESSA Bank & Trust, which was formed in 1916. The Company has total assets of $2.2 billion. Headquartered in Stroudsburg, Pennsylvania, the Company has two regional offices in Allentown and Radnor, and operates 20 community offices throughout the greater Pocono, Lehigh Valley
4 - ESSA Bancorp, Inc. (0001382230) (Issuer)
4 - ESSA Bancorp, Inc. (0001382230) (Issuer)
4 - ESSA Bancorp, Inc. (0001382230) (Issuer)
STROUDSBURG, PA / ACCESSWIRE / November 20, 2024 / ESSA Bancorp, Inc. (NASDAQ:ESSA), the holding company for ESSA Bank & Trust, today announced that its Board of Directors declared a dividend of fifteen cents ($0.15) per share. The dividend is payable to shareholders of record as of December 16, 2024, payable on December 30, 2024.About the Company ESSA Bancorp, Inc. is the holding company for its wholly owned subsidiary, ESSA Bank & Trust, which was formed in 1916. The Company has total assets of $2.2 billion. Headquartered in Stroudsburg, Pennsylvania, the Company has two regional offices in Allentown and Radnor, and operates 20 community offices throughout the greater Pocono, Lehigh Valley
STROUDSBURG, PA / ACCESSWIRE / October 23, 2024 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $2.2 billion asset financial institution providing full service commercial and retail banking, asset management and trust, and investment services in eastern Pennsylvania, today announced financial results for the fiscal fourth quarter and full year ended September 30, 2024.Net income was $4.2 million, or $0.44 per diluted share, for the three months ended September 30, 2024, compared with $4.6 million, or $0.47 per diluted share, for the three months ended September 30, 2023. Net income was $17.0 million, or $1.78 per diluted share, fo
STROUDSBURG, PA / ACCESSWIRE / August 28, 2024 / ESSA Bancorp, Inc. (NASDAQ Global MarketSM:ESSA), the holding company for ESSA Bank & Trust, today announced that its Board of Directors declared a dividend of fifteen cents ($0.15) per share. The dividend is payable to shareholders of record as of September 16, 2024, payable on September 30, 2024.About the Company ESSA Bancorp, Inc. is the holding company for its wholly owned subsidiary, ESSA Bank & Trust, which was formed in 1916. The Company has total assets of $2.2 billion. Headquartered in Stroudsburg, Pennsylvania, the Company has two regional offices in Allentown and Radnor, and operates 21 community offices throughout the greater Pocon
SC 13G/A - ESSA Bancorp, Inc. (0001382230) (Subject)
SC 13G/A - ESSA Bancorp, Inc. (0001382230) (Subject)
SC 13G/A - ESSA Bancorp, Inc. (0001382230) (Subject)
10-Q - ESSA Bancorp, Inc. (0001382230) (Filer)
8-K - ESSA Bancorp, Inc. (0001382230) (Filer)
8-K - ESSA Bancorp, Inc. (0001382230) (Filer)
STROUDSBURG, PA / ACCESSWIRE / January 27, 2021 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $1.9 billion asset financial institution providing full service commercial and retail banking, financial, and investment services in eastern Pennsylvania, today announced financial results for the three months ended December 31, 2020. Net income was $4.1 million, or $0.41 per diluted share, for the three months ended December 31, 2020, up 21% compared with $3.4 million, or $0.33 per diluted share, for the three months ended December 31, 2019. Gary S. Olson, President and CEO, commented: "The Company's financial performance in the fisc
STROUDSBURG, PA / ACCESSWIRE / December 23, 2020 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust, a $1.9 billion asset institution providing full service commercial and retail banking, and financial and investment services in eastern Pennsylvania, today announced that Carolyn P. Stennett, Esq. and Dr. Tina Q. Richardson have been appointed to the Board of Directors. These appointments increase the size of the Company's Board of Directors to 10 members. Ms. Stennett is Vice President, Human Resources at Victaulic Company. She leads the global human resources team and is responsible for all aspects of Victaulic's people strategy that supports Vict