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8-K//Current report

CNB FINANCIAL CORP/PA 8-K

Accession 0000736772-26-000004

$CCNECIK 0000736772operating

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

Updated

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.