CNB Financial (NASDAQ: CCNE) declares dividend on Series A preferred
Rhea-AI Filing Summary
CNB Financial Corporation declared a quarterly cash dividend of $17.8125 per share on its 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. This corresponds to a distribution of $0.4453125 per Depositary Share (CCNEP), each representing a 1/40th interest in a preferred share.
The dividend is payable on September 1, 2026 to holders of record of the Depositary Shares as of August 15, 2026. The dividend will be paid to the depositary for the Series A Preferred Stock, which will distribute it to Depositary Share holders. CNB Financial, a financial holding company with consolidated assets of approximately $8.4 billion, operates 79 offices through CNB Bank across Pennsylvania, Ohio, New York, and Virginia.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Dividend per Depositary Share: $0.4453125
Dividend per Series A Preferred share: $17.8125
Preferred dividend rate: 7.125%
+5 more
8 metrics
Dividend per Depositary Share
$0.4453125
Quarterly distribution on Depositary Shares for Series A Preferred Stock, payable September 1, 2026
Dividend per Series A Preferred share
$17.8125
Quarterly cash dividend on 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock
Preferred dividend rate
7.125%
Coupon rate on Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock underlying CCNEP Depositary Shares
Depositary Share interest
1/40th
Each CCNEP Depositary Share represents a 1/40th interest in one share of Series A Preferred Stock
Record date
August 15, 2026
Holders of CCNEP Depositary Shares on this date are entitled to the September 1, 2026 dividend
Payment date
September 1, 2026
Date on which the Series A Preferred dividend is paid to the depositary and passed to Depositary Share holders
Consolidated assets
$8.4 billion
Approximate consolidated assets of CNB Financial Corporation
Number of offices
79
CNB Bank offices including one loan production office, one mobile office, two limited service, and 75 full-service offices
Key Terms
Depositary Shares, Non-Cumulative, Perpetual Preferred Stock, financial holding company, +1 more
5 terms
Non-Cumulative financial
"7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock"
Non-cumulative describes a type of dividend or payment right where any missed distributions are not tracked or owed later; if a company skips a payment, investors do not receive that skipped amount in the future. Think of it like a one-time coupon that expires if not used: it can boost potential income when paid, but offers no catch-up protection, so investors face greater income uncertainty and should price in higher risk or lower yield expectations.
Perpetual Preferred Stock financial
"7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock"
A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.
financial holding company financial
"CNB Financial Corporation is a financial holding company with consolidated assets"
A financial holding company is a parent firm that owns and oversees banks and other financial businesses, such as lending, insurance, or investment services. It matters to investors because it bundles several money-making activities under one roof—like a parent managing several children—so returns, risks, and regulatory rules for banking apply to the whole group; trouble in one unit can affect the company’s profits, capital needs, and dividends.
loan production office financial
"79 offices comprised of one loan production office, one mobile office"
A loan production office is a bank or finance company location set up primarily to find, meet with, and originate loans, but it typically does not handle full retail services like deposits or cash transactions. For investors, an LPO is a way for a lender to grow loan volume and reach new customers with lower overhead, which can boost revenue but also concentrates credit risk in specific markets—like opening a pop-up shop that only sells one product.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What dividend did CNB Financial (CCNE) declare on its Series A Preferred Stock and CCNEP Depositary Shares?
CNB Financial declared a quarterly cash dividend of $17.8125 per Series A Preferred share, which equals $0.4453125 per CCNEP Depositary Share, since each Depositary Share represents a 1/40th interest in a preferred share.
What are the record date and payment date for CNB Financial (CCNE) Series A Preferred dividend?
The Series A Preferred dividend, and related CCNEP Depositary Share distribution, will be paid on September 1, 2026 to holders of record as of August 15, 2026, the Depositary Shares record date.
How large is CNB Financial Corporation (CCNE) in terms of total assets?
CNB Financial Corporation reports consolidated assets of approximately $8.4 billion. This reflects the scale of its multi-division banking platform operated primarily through CNB Bank and its regional brands in four U.S. states.
Where does CNB Bank, the main subsidiary of CNB Financial (CCNE), operate and how many offices does it have?
CNB Bank operates 79 offices, including full-service and specialty locations, across Pennsylvania, Ohio, New York, and Virginia, providing a full range of banking, trust, and wealth management services.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 14, 2026
CNB FINANCIAL CORPORATION
(Exact name of Registrant as specified in its Charter)
| (State or other jurisdiction of incorporation) | (Commission File No.) | (IRS Employer Identification Number) | ||||||||||||
| (Zip Code) | |||||||||||||||||
| , | |||||||||||||||||
| (Address of principal executive offices) | |||||||||||||||||
(814 ) 765-9621
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of Class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
The Board of Directors of CNB Financial Corporation (NASDAQ: CCNE) (the "Corporation") has announced on July 14, 2026, holders of record as of August 15, 2026 (the "Depository Shares Record Date") of its depositary shares (NASDAQ: CCNEP) (the "Depositary Shares"), each representing a 1/40th interest in the Corporation's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"), will receive a quarterly distribution in the amount of $0.4453125 per Depositary Share, resulting from the Corporation's declaration of a quarterly cash dividend of $17.8125 per share of Series A Preferred Stock, which underlies the Depositary Shares. On September 1, 2026, the Series A Preferred Stock dividend will be paid to the depositary for the Series A Preferred Stock. The depositary will, in turn, distribute such dividend to the holders of record of the Depositary Shares as of the Depositary Shares Record Date.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
d. Exhibits.
Number | Description | |||||||
99.1 | Press release of CNB Financial Corporation dated July 14, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| CNB Financial Corporation | ||||||||||||||||||||
| Date: July 14, 2026 | By: | /s/ Tito L. Lima | ||||||||||||||||||
| Tito L. Lima | ||||||||||||||||||||
| Treasurer | ||||||||||||||||||||
| News Release | ||||||||
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| Contact: Tito L. Lima | ||||||||
| Treasurer | ||||||||
| (814) 765-9621 | ||||||||
CNB FINANCIAL CORPORATION ANNOUNCES QUARTERLY DIVIDEND FOR SERIES A PREFERRED STOCK AND RELATED DEPOSITARY SHARES DISTRIBUTION
CLEARFIELD, PENNSYLVANIA – July 14, 2026
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, 2026, to holders of record as of August 15, 2026.
CNB Financial Corporation is a financial holding company with consolidated assets of approximately $8.4 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 79 offices comprised of one loan production office, one mobile office, two limited service offices, 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 Columbus, 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 ESSA Bank, based in Stroudsburg, Pennsylvania, with offices in Northeast Pennsylvania, including the Lehigh Valley region. Additional information about CNB Financial Corporation may be found at www.CNBBank.bank.