Canandaigua National Corporation (Company) is the holding company for The Canandaigua National Bank & Trust Company (Bank). The Company files financial information with its primary regulator, the Federal Reserve Bank of New York, which can be accessed at the following website: Canandaigua National Corporation regulatory information. The Bank files financial information with its primary regulator, the Office of the Comptroller of the Currency, which can be accessed at the following website: The Canandaigua National Bank and Trust Company regulatory information.
Prior to December 2013, the Company filed financial data with the Securities and Exchange Commission (SEC). This data, including Beneficial Ownership Reports on Forms 3, 4 and 5, can be accessed via the SEC Web site.
Information about beneficial ownership of the Company's stock by directors and certain officers is set forth in the Company’s most recent Proxy Statement. Market value and dividend information is set forth in the table below. The Company currently pays a semi-annual dividend in February and August (exclusive of the acceleration of February 2013's dividend to December 2012). We expect to continue to pay cash dividends to our stockholders for the foreseeable future.
Current Value/Share
$239.69
Last average auction price as of 3/21/2024
# sold - 6,701
High - $285.00
Low - $235.00
While the Company's stock is not actively traded, from time to time, shareholders sell shares to interested persons in sealed-bid public auctions administered by the Bank’s Trust Department at the request of selling shareholders. Our stock is not listed with a national securities exchange. Due to the limited number of transactions, the quarterly high, low and weighted average sale prices may not be indicative of the actual market value of the Company's stock. The following table sets forth a summary of transactions by selling shareholders and bidders in the Company's common stock during each period for transactions that were administered by the Bank’s Trust Department. Also included are the book value at quarter end, and semi-annual dividends paid per share. (All share and per-share information has been adjusted to reflect the 4-for-1 stock split in 2011). The $1.63 per share dividend paid in December 2012 was accelerated from the semi-annual dividend payment that would have been paid in February 2013.
| Period
|
# Shares Sold
|
Quarterly High
Sales Price
|
Quarterly Low
Sales Price
|
Quarterly
Average Sales Price
|
Quarter-End
Book Value
|
Quarterly Earnings
(Diluted)
|
Dividend Paid
|
| 2024 1st Quarter |
6,701 |
$285.00 |
$235.00 |
$239.69 |
|
|
$4.50 |
| 2023 4th Quarter |
12,255 |
$334.50 |
$235.25 |
$249.51 |
$187.34 |
$5.62 |
|
| 2023 3rd Quarter |
5,049 |
$320.00 |
$251.50 |
$268.22 |
$175.11 |
$5.04 |
$4.50 |
| 2023 2nd Quarter |
10,718 |
$355.00 |
$260.00 |
$289.22 |
$176.83 |
$7.29 |
|
| 2023 1st Quarter |
4,290 |
$400.00 |
$320.00 |
$336.71 |
$171.65 |
$5.93 |
$4.50 |
| 2022 4th Quarter |
9,989 |
$400.00 |
$290.00 |
$350.53 |
$166.88 |
$6.16 |
|
| 2022 3rd Quarter |
0 |
$0.00 |
$0.00 |
$0.00 |
$160.40 |
$6.64 |
$4.50 |
| 2022 2nd Quarter |
7,165 |
$385.00 |
$321.01 |
$338.22 |
$167.73 |
$6.15 |
|
| 2022 1st Quarter |
3,397 |
$350.00 |
$309.40 |
$317.30 |
$164.96 |
$6.43 |
$4.20 |
| 2021 4th Quarter |
4,872 |
$325.00 |
$276.00 |
$292.75 |
$169.94 |
$3.33 |
|
| 2021 3rd Quarter |
2,480 |
$291.42 |
$260.00 |
$263.97 |
$168.43 |
$7.35 |
$4.00 |
| 2021 2nd Quarter |
5,284 |
$255.00 |
$228.00 |
$237.95 |
$165.88 |
$6.10 |
|
| 2021 1st Quarter |
5,061 |
$238.50 |
$223.00 |
$224.93 |
$158.28 |
$6.99 |
$3.60 |
| Click to view 2020, 2019 & 2018 Stock Information |
|
|
|
|
| 2020 4th Quarter |
7,234 |
$230.24 |
$214.00 |
$218.52 |
$158.09 |
$6.19 |
|
| 2020 3rd Quarter |
4,025 |
$230.00 |
$211.00 |
$212.83 |
$152.02 |
$5.48 |
$3.50 |
| 2020 2nd Quarter |
10,230 |
$265.00 |
$206.60 |
$209.24 |
$150.01 |
$3.91 |
|
| 2020 1st Quarter |
3,866 |
$220.00 |
$205.00 |
$206.51 |
$145.14 |
$6.85 |
$3.50 |
| 2019 4th Quarter |
3,667 |
$211.02 |
$203.00 |
$204.44 |
$142.18 |
$4.22 |
|
| 2019 3rd Quarter |
8,851 |
$209.00 |
$196.00 |
$199.20 |
$137.51 |
$5.48 |
$3.00 |
| 2019 2nd Quarter |
4,555 |
$202.51 |
$191.00 |
$193.57 |
$134.79 |
$5.77 |
|
| 2019 1st Quarter |
4,800 |
$200.00 |
$188.00 |
$190.06 |
$128.33 |
$5.30 |
$2.70 |
| 2018 4th Quarter |
3,275 |
$197.75 |
$185.00 |
$187.54 |
$124.85 |
$3.69 |
|
| 2018 3rd Quarter |
3,850 |
$200.00 |
$180.00 |
$181.50 |
$119.97 |
$6.27 |
$2.50 |
| 2018 2nd Quarter |
3,811 |
$185.00 |
$175.00 |
$179.01 |
$116.75 |
$4.43 |
|
| 2018 1st Quarter |
6,603 |
$176.00 |
$164.50 |
$165.83 |
$112.36 |
$4.58 |
$2.30 |
To obtain the most recent weighted average sales price reached in a publicly advertised sale, please contact Heather Sullivan, Shareholder Relations Manager by email at [email protected] or by phone at (585) 394-4260 ext. 36226. Individuals interested in the Company’s stock are urged to review all of the Company’s available financial information.
CNC Annual Reports
2023 Annual Report
2022 Annual Report
2021 Annual Report
2020 Annual Report
2019 Annual Report
CNC Statement of Condition
June 30, 2023
Proxy Statements
2024 Proxy Statement
2023 Proxy Statement
Corporate Governance
Audit and Risk Committee Charter (PDF)
Nominating and Governance Committee Charter (PDF)
Compensation Committee Charter (PDF)
Code of Conduct (PDF)
CNC Code of Business Conduct and Ethics Directors (PDF)