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

1. CNB Financial Corp declares quarterly cash dividend of $0.4453125 per share. 2. Dividend payable on May 30, 2025, to holders of record by May 16. 3. CNB Financial has consolidated assets of approximately $6.3 billion. 4. CNB Bank provides a full range of banking services in several states. 5. The corporation engages in trust and wealth management activities.

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FAQ

Why Bullish?

The declaration of dividends usually signals financial stability. Past examples show dividends leading to increased investor confidence, positively affecting stock prices.

How important is it?

Dividend announcements generally enhance shareholder value significantly. Since dividends attract yield-focused investors, the likelihood of a price boost is commendable.

Why Short Term?

The upcoming dividend payment can boost investor sentiment in the next few weeks. Historical patterns indicate short-term price increases correlate with dividend announcements.

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CCNEP
CLEARFIELD, Pa., May 01, 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 May 30, 2025, to holders of record as of May 16, 2025. CNB Financial Corporation is a financial holding company with consolidated assets of approximately $6.3 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, one loan production office, one drive-up office, one mobile office, and 56 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; 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.

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