CNB Financial Corporation Announces Quarterly Dividend For Common Stock

Rhea-AI Summary

CNB Financial (Nasdaq: CCNE) has declared a quarterly cash dividend of $0.18 per share of common stock, payable on March 14, 2025, to shareholders of record as of February 28, 2025.

The company, with consolidated assets of approximately $6.2 billion, operates primarily through CNB Bank, offering full-service banking activities including trust and wealth management services. The bank network comprises 55 full-service offices across Pennsylvania, Ohio, New York, and Virginia, along with one drive-up office and one mobile office.

CNB Bank serves as a multi-brand parent to several divisions: ERIEBANK in Northwest Pennsylvania and Northeast Ohio, FCBank in Central Ohio, BankOnBuffalo in Western New York, Ridge View Bank in Southwest Virginia, and Impressia Bank, focusing on banking opportunities for women.

Positive

• Maintains consistent dividend payment of $0.18 per share
• Strong asset base of $6.2 billion
• Extensive network of 55 full-service offices across four states
• Diversified operations through multiple regional banking brands

Negative

• None.

CLEARFIELD, Pa., Feb. 11, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.18 per share of common stock payable on March 14, 2025 to common stock shareholders of record as of February 28, 2025.

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $6.2 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, one drive-up office, one mobile office, and 55 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

When will CCNE pay its next dividend?

CNB Financial will pay its quarterly dividend of $0.18 per share on March 14, 2025.

What is the record date for CCNE's Q1 2025 dividend?

The record date for CNB Financial 's Q1 2025 dividend is February 28, 2025.

How much is CCNE's quarterly dividend per share?

CNB Financial 's quarterly dividend is $0.18 per share of common stock.

What is CNB Financial 's total asset value in 2025?

CNB Financial has consolidated assets of approximately $6.2 billion.

How many full-service offices does CCNE operate?

CCNE operates 55 full-service offices across Pennsylvania, Ohio, New York, and Virginia.