CNB Financial Corporation Announces Quarterly Dividend For Series A Preferred Stock and Related Depositary Shares Distribution
May 04 2023 - 4:05PM
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, 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, 2023, to holders of record as of May 18, 2023.
CNB Financial Corporation is a financial holding
company with consolidated assets of approximately $5.6 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, three loan
production offices, one drive-up office, one mobile office and 48
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.
Contact: Tito L. Lima
Treasurer
(814) 765-9621
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