CNB Financial (NASDAQ:CCNEP) Shares Up 0.7% – Time to Buy?

CNB Financial Co. (NASDAQ:CCNEP)’s share price traded up 0.7% on Monday . The company traded as high as $24.93 and last traded at $24.93. 217 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 1,517 shares. The stock had previously closed at $24.75.

CNB Financial Stock Performance

The company’s fifty day moving average is $24.89 and its 200-day moving average is $24.97.

CNB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a dividend of $0.4453 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.78 dividend on an annualized basis and a yield of 7.1%.

CNB Financial Company Profile

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.