CNB Financial (NASDAQ:CCNEP) Stock Falls 0.9% – What’s Next?

CNB Financial Co. (NASDAQ:CCNEP)’s stock price fell 0.9% during trading on Friday. The stock traded as low as $24.58 and last traded at $24.3510. 221 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,466 shares. The stock had previously closed at $24.58.

CNB Financial Price Performance

The firm’s 50-day moving average price is $24.85 and its two-hundred day moving average price is $24.90.

CNB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th were issued a dividend of $0.4453 per share. The ex-dividend date was Friday, August 14th. This represents a $1.78 dividend on an annualized basis and a yield of 7.3%.

About CNB Financial

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania. Through its principal subsidiary, CNB Bank, the company provides community banking services to individuals, families, businesses and nonprofit organizations.

CNB Bank offers deposit products, residential and commercial real estate loans, consumer and business lending, agricultural financing, cash-management services and other traditional banking products. The company also provides wealth management and investment-related services, including trust and financial planning solutions.

Founded in 1934, CNB Financial has expanded its community banking presence beyond its Pennsylvania roots and serves customers through banking offices and lending markets in Pennsylvania, Ohio and surrounding areas.