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KBRA Releases Surveillance Report for CNB Financial Corporation

NEW YORK--(BUSINESS WIRE)--On July 21, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Clearfield, Pennsylvania-based CNB Financial Corporation (NASDAQ: CCNE) (“the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for its subsidiary, CNB Bank. The Outlook for all longterm ratings is Stable.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Bryan So, Director
+1 301-969-3246 bryan.so@kbra.com
Jason Szelc, Senior Director
+1 301-969-3174 jason.szelc@kbra.com
Ashley Phillips, Managing Director
+1 301-969-3185 ashley.phillips@kbra.com

Business Development
Justin Fuller, Senior Director
+1 646-731-1250 justin.fuller@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Bryan So, Director
+1 301-969-3246 bryan.so@kbra.com
Jason Szelc, Senior Director
+1 301-969-3174 jason.szelc@kbra.com
Ashley Phillips, Managing Director
+1 301-969-3185 ashley.phillips@kbra.com

Business Development
Justin Fuller, Senior Director
+1 646-731-1250 justin.fuller@kbra.com

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