CNB Financial Corporation Announces Quarterly Dividend for Series A Preferred Stock and Related Depositary Shares Distribution
May 05 2022 - 4:30PM
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, 2022, for holders of record as of May 18, 2022.
CNB Financial Corporation is a financial holding
company with consolidated assets of approximately $5.3 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 and 45 full-service offices in
Pennsylvania, Ohio, New York and Virginia. CNB Bank’s divisions
include ERIEBANK, based in Erie, Pennsylvania, with offices
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; and
Ridge View Bank, with loan production offices in the Southwest
Virginia region. 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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