CNB Financial Corporation Announces Quarterly Dividend for Common Stock

Rhea-AI Summary

CNB Financial Corporation (Nasdaq: CCNE) declares a quarterly cash dividend of $0.175 per share of common stock, payable on December 15, 2023. The company, with consolidated assets of approximately $5.7 billion, operates primarily through its subsidiary, CNB Bank, offering a full range of banking activities and services. CNB Bank has multiple divisions and operates in Pennsylvania, Ohio, New York, and Virginia.

CLEARFIELD, Pa., Nov. 14, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.175 per share of common stock payable on December 15, 2023 to common stock shareholders of record as of December 1, 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 dividend declared by CNB Financial Corporation?

CNB Financial Corporation declared a quarterly cash dividend of $0.175 per share of common stock.

When is the dividend payable?

The dividend is payable on December 15, 2023.

What are the assets of CNB Financial Corporation?

CNB Financial Corporation has consolidated assets of approximately $5.7 billion.

Where does CNB Bank operate?

CNB Bank operates in Pennsylvania, Ohio, New York, and Virginia, with multiple divisions including ERIEBANK, FCBank, BankOnBuffalo, Ridge View Bank, and Impressia Bank.

What services does CNB Bank offer?

CNB Bank offers a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers.