CNB Financial Cuts Debt by $50M with Subordinated Note Redemption
Reported by Wiseek News
Sentiment
Positive
Importance
8
Price
$32.21
Mkt Cap
$954.351M
52W Low
$21.43
52W High
$33.22
Market data snapshot near publication time
Summary
CNB Financial has completed the redemption of $50 million of its 3.25% subordinated notes, leaving $35 million outstanding. This action, confirmed by an 8-K filed earlier today, significantly reduces the company's debt burden. The redemption will lead to lower interest expenses, positively impacting the bank's profitability and financial structure.
At the time of this announcement, CCNE was trading at $32.21 on NASDAQ in the Finance sector, with a market capitalization of approximately $954.4M. The 52-week trading range was $21.43 to $33.22. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.
Price Chart
CCNE - Latest Insights
CCNE
Jun 16, 2026, 4:13 PM EDT
Price at Filing:
$32.21
Real-time Price:
$31.91
Change:
-$0.300 (-0.93%)
Market Cap:
$945.462M
CCNE
Jun 16, 2026, 4:05 PM EDT
Price at Filing:
$32.21
Real-time Price:
$31.91
Change:
-$0.300 (-0.93%)
Market Cap:
$945.462M
CCNE
Jun 10, 2026, 4:13 PM EDT
Price at Filing:
$32.29
Real-time Price:
$31.91
Change:
-$0.380 (-1%)
Market Cap:
$945.462M
CCNE
Jun 10, 2026, 4:05 PM EDT
Price at Filing:
$32.29
Real-time Price:
$31.91
Change:
-$0.380 (-1%)
Market Cap:
$945.462M
CCNE
May 06, 2026, 4:13 PM EDT
Price at Filing:
$30.94
Real-time Price:
$31.91
Change:
+$0.970 (+3%)
Market Cap:
$945.462M
CCNE
Apr 20, 2026, 4:45 PM EDT
Price at Filing:
$30.98
Real-time Price:
$31.91
Change:
+$0.930 (+3%)
Market Cap:
$945.462M
CCNE
Apr 20, 2026, 4:18 PM EDT
Price at Filing:
$30.98
Real-time Price:
$31.91
Change:
+$0.930 (+3%)
Market Cap:
$945.462M
CCNE
Apr 20, 2026, 4:13 PM EDT
Price at Filing:
$30.98
Real-time Price:
$31.91
Change:
+$0.930 (+3%)
Market Cap:
$945.462M
CCNE
Feb 18, 2026, 4:15 PM EST
Price at Filing:
$29.49
Real-time Price:
$31.91
Change:
+$2.42 (+8%)
Market Cap:
$945.462M
CCNE
Jan 27, 2026, 4:16 PM EST
Price at Filing:
$27.34
Real-time Price:
$31.91
Change:
+$4.57 (+17%)
Market Cap:
$945.462M