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CNB Financial Corporation Announces Quarterly Dividend for Series A Preferred Stock And Related Depositary Shares Distribution
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
CNB Financial Corporation (Nasdaq: CCNE) has declared a quarterly cash dividend of $0.4453125 per depositary share, payable on December 1, 2023. The Corporation's consolidated assets are approximately $5.7 billion.
The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of $0.4453125 per depositary share, resulting from the Corporation’s declaration of a quarterly cash dividend of $17.8125 per share on its Series A Preferred Stock. The dividend is payable on December 1, 2023, to holders of record as of November 17, 2023.
CNB Financial Corporation is a financial holding company with consolidated assets of approximately $5.7 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, one mobile office and 51 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 Western New York; Ridge View Bank, with offices in the Southwest Virginia region; and Impressia Bank which operates in CNB Bank’s primary market areas. 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 ticker symbol of CNB Financial Corporation?
The ticker symbol of CNB Financial Corporation is CCNE.
What is the amount of the quarterly cash dividend per depositary share?
The amount of the quarterly cash dividend per depositary share is $0.4453125.
When will the dividend be payable?
The dividend will be payable on December 1, 2023.
What are the consolidated assets of CNB Financial Corporation?
The consolidated assets of CNB Financial Corporation are approximately $5.7 billion.
