Essa Bancorp, INC

CNB Financial Corporation has successfully completed its merger with ESSA Bancorp, Inc., integrating ESSA Bank & Trust into CNB Bank and expanding its presence in Northeastern Pennsylvania.

ESSA Bancorp, Inc. and CNB Financial Corporation have announced the receipt of all necessary bank regulatory approvals for their proposed merger, with the transaction now expected to close on July 23, 2025.

ESSA Bancorp reports net income of $2.7 million for Q2 2025, impacted by merger-related costs, as it progresses towards its merger with CNB Financial Corporation.

ESSA Bancorp, Inc. shareholders voted to approve the merger agreement with CNB Financial Corporation at a Special Meeting held on April 15, 2025.

ESSA Bancorp is supplementing its joint proxy statement/prospectus related to its merger with CNB Financial Corporation to address concerns raised in demand letters and complaints from purported shareholders.

ESSA Bancorp announced its financial results for the first fiscal quarter of 2025, showing a slight decrease in net income compared to the same period last year.

ESSA Bancorp's net income decreased in Q2 2025 compared to Q2 2024, primarily due to merger-related costs and increased non-interest expense, despite an increase in deposits.

ESSA Bancorp's Q1 2025 net income decreased slightly, overshadowed by the pending merger with CNB Financial Corporation.

ESSA Bancorp's Q3 2024 results show a decrease in net income despite an increase in interest income, reflecting the impact of higher interest expenses and a decrease in net interest income.

ESSA Bancorp's Q2 2024 results show a decrease in net income despite an increase in interest income, influenced by higher interest expenses and a decrease in non-interest income.

ESSA Bancorp's first quarter of fiscal year 2024 saw a decrease in net income despite growth in loan balances and a release of credit loss provisions, influenced by higher interest expenses and changes in investment securities.

ESSA Bancorp files an amendment to its annual report to include required information and certifications, while also disclosing a pending merger with CNB Financial Corporation.

ESSA Bancorp's annual report reveals a net income of $17 million for fiscal year 2024, alongside a decrease in total assets and deposits, and a strategic shift towards commercial real estate lending.

ESSA Bancorp, Inc. Director Daniel J. Henning reported the disposition of 64,795 common shares, converting them into CNB Financial Corporation stock as part of the previously announced merger.

ESSA Bancorp Director Robert C. Selig Jr. reported the conversion of all his common stock holdings into CNB Financial Corporation shares following the January 9, 2025 merger agreement.

ESSA Bancorp's President and CEO, Gary S. Olson, reported the conversion of all his ESSA common stock holdings into CNB Financial Corporation shares as a result of the previously announced merger.

An ESSA Bancorp director reported the disposition of all common stock holdings, converting them into CNB Financial Corporation shares as part of the previously announced merger agreement.

A director of ESSA Bancorp, Inc. reported the disposition of 10,105 common shares, converting them into CNB Financial Corporation stock as part of a previously announced merger agreement.

ESSA Bancorp Director Philip H. Hosbach IV reported the conversion of 10,367 shares of ESSA common stock into CNB Financial Corporation common stock as part of the previously announced merger.

CNB Financial Corporation and ESSA Bancorp have entered into a merger agreement where ESSA will merge into CNB, pending shareholder and regulatory approvals.

FJ Capital Management LLC, Financial Opportunity Fund LLC, and Martin Friedman collectively reported a 6.75% beneficial ownership stake in ESSA Bancorp's common stock.

BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 4.8% passive beneficial ownership stake in ESSA Bancorp, Inc. as of June 30, 2025.

FJ Capital Management LLC, Financial Opportunity Fund LLC, and Martin Friedman have filed an amended Schedule 13G, disclosing a beneficial ownership of 8.71% in ESSA Bancorp's common stock as of March 31, 2025.

BlackRock, Inc. has filed a Schedule 13G, reporting a passive beneficial ownership of 5.0% of ESSA Bancorp, Inc.'s common stock as of March 31, 2025.

FJ Capital Management LLC and its affiliated entities have reported a combined 9.55% passive beneficial ownership stake in ESSA Bancorp (ESSA) as of December 31, 2024.

BlackRock, Inc. has filed an amended Schedule 13G, reporting a passive beneficial ownership of 2.9% of ESSA Bancorp, Inc.'s common stock as of December 31, 2024.