CNB Financial Corporation Announces Quarterly Dividend For Series A Preferred Stock and Related Depositary Shares Distribution

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CNB Financial (Nasdaq: CCNE) has announced a quarterly cash dividend of $0.4453125 per depositary share ($17.8125 per share on its Series A Preferred Stock). The dividend will be payable on May 31, 2024, to holders of record as of May 17, 2024. CNB Financial is a financial holding company with consolidated assets of approximately $5.8 billion, primarily conducting business through its subsidiary, CNB Bank.

CLEARFIELD, Pa., May 02, 2024 (GLOBE NEWSWIRE) -- 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 (Nasdaq: CCNEP), 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 May 31, 2024, to holders of record as of May 17, 2024.

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $5.8 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, three loan production offices, one drive-up office, one mobile office, and 51 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Bank, headquartered in Clearfield, Pennsylvania, with offices in Central and North Central Pennsylvania, serves as the multi-brand parent to various divisions. These 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, based in Roanoke, Virginia, with offices in the Southwest Virginia region; and Impressia Bank, a division focused on banking opportunities for women, which operates in CNB Bank's primary market areas. Additional information about CNB Financial Corporation may be found at www.CNBBank.bank.

FAQ

What is the quarterly cash dividend announced by CNB Financial ?

CNB Financial has announced a quarterly cash dividend of $0.4453125 per depositary share ($17.8125 per share on its Series A Preferred Stock).

When will the dividend be payable?

The dividend will be payable on May 31, 2024.

What are the consolidated assets of CNB Financial ?

CNB Financial has consolidated assets of approximately $5.8 billion.

Where is CNB Bank headquartered?

CNB Bank is headquartered in Clearfield, Pennsylvania.

In how many states does CNB Bank have full-service offices?

CNB Bank has 51 full-service offices in Pennsylvania, Ohio, New York, and Virginia.

What are the various divisions under CNB Bank?

The divisions under CNB Bank include ERIEBANK, FCBank, BankOnBuffalo, Ridge View Bank, and Impressia Bank.

Where can additional information about CNB Financial be found?

Additional information about CNB Financial can be found at www.CNBBank.bank.