CNB Financial (NASDAQ: CCNE) sets $0.4453125 Series A dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CNB Financial Corporation declared a quarterly cash dividend on its 7.125% Series A Preferred Stock. This equals $0.4453125 per depositary share (each depositary share represents a 1/40th interest in a share of Series A Preferred Stock).
The dividend is payable on June 1, 2026 to holders of record as of May 15, 2026. CNB Financial, a financial holding company with approximately $8.4 billion in consolidated assets, conducts banking operations primarily through CNB Bank and its various regional divisions.
Positive
- None.
Negative
- None.
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 per share
Dividend per Series A Preferred share: $17.8125 per share
Record date: May 15, 2026
+3 more
6 metrics
Dividend per depositary share
$0.4453125 per share
Quarterly dividend on Series A depositary shares
Dividend per Series A Preferred share
$17.8125 per share
Quarterly dividend underlying the depositary shares
Record date
May 15, 2026
Holders of record date for Series A dividend eligibility
Payment date
June 1, 2026
Scheduled payment date for Series A dividend
Consolidated assets
$8.4 billion
Approximate consolidated assets of CNB Financial Corporation
Number of offices
79 offices
CNB Bank offices across Pennsylvania, Ohio, New York, Virginia
Key Terms
Depositary Shares, Series A Preferred Stock, Non-Cumulative Perpetual Preferred Stock, financial holding company, +1 more
5 terms
Series A Preferred Stock financial
"quarterly cash dividend of $17.8125 per share of Series A Preferred Stock"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
Non-Cumulative Perpetual Preferred Stock financial
"7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock"
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.
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.
private banking division financial
"CNB Bank operations include a private banking division, and 79 offices"
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): April 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 April 14, 2026, holders of record as of May 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 June 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 April 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: April 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 – April 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 June 1, 2026, to holders of record as of May 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; ESSA Bank, based in Stroudsburg, Pennsylvania, with offices in Northeast Pennsylvania, including the Lehigh 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.
FAQ
What dividend did CNB Financial (CCNE) declare on its Series A preferred stock?
CNB Financial declared a quarterly cash dividend of $17.8125 per share on its Series A Preferred Stock, which translates into $0.4453125 per depositary share. Each depositary share represents a 1/40th interest in one share of this preferred stock.
How large is CNB Financial Corporation’s balance sheet?
CNB Financial Corporation reports consolidated assets of approximately $8.4 billion. These assets are primarily held through its main banking subsidiary, CNB Bank, which operates multiple branded divisions and banking offices across Pennsylvania, Ohio, New York, and Virginia.
Where does CNB Bank, CNB Financial’s main subsidiary, operate branches?
CNB Bank operates 79 offices, including full-service and specialized locations, across Pennsylvania, Ohio, New York, and Virginia. Its branded divisions such as ERIEBANK, FCBank, BankOnBuffalo, Ridge View Bank, ESSA Bank, and Impressia Bank serve specific regional and customer segments.