CNB Financial Announces Quarterly Dividend for Common Stock

Rhea-AI Summary

CNB Financial Corporation (Nasdaq: CCNE) has declared a quarterly cash dividend of $0.17 per share, payable on September 15, 2021, to shareholders on record as of September 1, 2021. The corporation has consolidated assets of approximately $5.1 billion and operates through its primary subsidiary, CNB Bank, which offers a wide range of banking services across multiple states, including Pennsylvania, Ohio, New York, and Virginia. CNB Bank provides services including trust and wealth management, catering to various customer segments.

Positive

• Quarterly cash dividend of $0.17 per share announced, reflecting company confidence and income for shareholders.

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• None.

CLEARFIELD, Pa, Aug. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a $0.17 per share of common stock quarterly cash dividend payable on September 15, 2021 to common stock shareholders of record as of September 1, 2021.

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $5.1 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division, two loan production offices, one drive-up office and 44 full-service offices in Pennsylvania, Ohio, New York and Virginia. CNB Bank’s divisions include ERIEBANK, based in Erie, Pennsylvania, with offices in northwest Pennsylvania and northeast Ohio; FCBank, based in Worthington, Ohio, with offices in central Ohio; BankOnBuffalo, based in Buffalo, New York, with offices in northern New York; and Ridge View Bank, with a loan production office in Roanoke, Virginia. CNB Bank is headquartered in Clearfield, Pennsylvania, with offices in central and north central Pennsylvania. Additional information about CNB Financial Corporation may be found at www.CNBBank.bank.

FAQ

What is the dividend amount declared by CNB Financial Corporation for September 2021?

CNB Financial Corporation has declared a dividend of $0.17 per share for September 2021.

When will CNB Financial Corporation's dividend be paid?

The dividend will be paid on September 15, 2021.

What is the record date for CNB Financial Corporation's dividend?

The record date for the dividend is September 1, 2021.

How large are the consolidated assets of CNB Financial Corporation?

CNB Financial Corporation has approximately $5.1 billion in consolidated assets.