CNB FINANCIAL CORP/PA 8-K
Accession 0000736772-26-000004
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:14 PM ET
Size
197.2 KB
Accession
0000736772-26-000004
Research Summary
AI-generated summary of this filing
CNB Financial Corporation Declares Quarterly Distribution on Depositary Shares
What Happened
CNB Financial Corporation (NASDAQ: CCNE) announced on January 20, 2026 (Form 8-K) that it declared a quarterly cash dividend on its 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The Corporation declared a dividend of $17.8125 per Series A preferred share, which translates to $0.4453125 per depositary share (each depositary share represents 1/40th of a Series A share). Holders of record of the depositary shares (NASDAQ: CCNEP) as of February 15, 2026 will receive the distribution, which will be paid March 1, 2026 to the depositary for distribution to holders.
Key Details
- Dividend per depositary share: $0.4453125.
- Dividend per Series A preferred share: $17.8125 (7.125% fixed-rate, non-cumulative, perpetual).
- Depositary shares record date: February 15, 2026; payment date: March 1, 2026.
- Filing: Item 8.01 Other Events on Form 8-K dated January 20, 2026; press release attached as Exhibit 99.1.
Why It Matters
This is a routine cash distribution on CNB’s Series A preferred stock as reflected through the publicly traded depositary shares (CCNEP). It provides income to holders of the depositary/preferred shares. Because the Series A is non-cumulative, any missed dividends would not accrue for future payment; this filing confirms the scheduled payment will be made to holders of record on the stated date.
Documents
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8-K
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EX-99.1
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Issuer
CNB FINANCIAL CORP/PA
CIK 0000736772
Related Parties
1- filerCIK 0000736772
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 4:14 PM ET
- Size
- 197.2 KB