M&A
confidence high
sentiment positive
materiality 0.75
ENB Financial Corp (ENBP): M&A transaction — ENB Financial completes cash acquisition of Cecil Bancorp for ~$31.3M
ENB Financial Corp
- Deal closed Feb 1, 2026; each Cecil share converted to $1.88 cash; total cash consideration ~$31.3M.
- Combined entity: ~$2.5B assets, $2.1B deposits, $1.7B loans, 18 full-service banking offices.
- Cecil Bank will operate as a division of The Ephrata National Bank until systems conversion on June 26-29, 2026.
- Acquisition expands ENB footprint into Cecil County, Maryland.
- All outstanding Cecil stock options redeemed for cash.