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

Rhea-AI Summary

CNB Financial Corporation (Nasdaq: CCNE) has declared a quarterly cash dividend of $0.4453125 per depositary share (Nasdaq: CCNEP) for its Series A Preferred Stock. The dividend payment is scheduled for September 1, 2025, with a record date of August 15, 2025.

CNB Financial Corporation, with consolidated assets exceeding $8.0 billion, operates primarily through CNB Bank, which provides full-service banking services across 78 offices in Pennsylvania, Ohio, New York, and Virginia. The corporation manages multiple banking divisions including ERIEBANK, FCBank, BankOnBuffalo, Ridge View Bank, ESSA Bank, and Impressia Bank.

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CLEARFIELD, Pa., July 29, 2025 (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 September 1, 2025, to holders of record as of August 15, 2025.

CNB Financial Corporation is a financial holding company with consolidated assets in excess of $8.0 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, and 78 offices comprised of one loan production office, one drive-up office, one mobile office, and 75 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; ESSA Bank, based in Stroudsburg, Pennsylvania, with offices in Northeast Pennsylvania, including the Leigh Valley 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.

Contact: Tito L. Lima
Treasurer
(814) 765-9621

FAQ

What is the dividend amount for CNB Financial Corporation's (CCNE) Series A Preferred Stock depositary shares?

CNB Financial announced a quarterly dividend of $0.4453125 per depositary share (CCNEP), resulting from a $17.8125 per share dividend on Series A Preferred Stock.

When is the dividend payment date for CNB Financial's (CCNE) preferred shares?

The dividend will be paid on September 1, 2025 to shareholders of record as of August 15, 2025.

How many branch locations does CNB Financial Corporation (CCNE) operate?

CNB Financial operates 78 offices, including 75 full-service offices, one loan production office, one drive-up office, and one mobile office across Pennsylvania, Ohio, New York, and Virginia.

What are the main banking divisions of CNB Financial Corporation (CCNE)?

CNB Financial's main divisions include ERIEBANK, FCBank, BankOnBuffalo, Ridge View Bank, ESSA Bank, and Impressia Bank, operating across different regions.

What is the total asset size of CNB Financial Corporation (CCNE)?

CNB Financial Corporation has consolidated assets exceeding $8.0 billion.