KBRA Releases Surveillance Report for CNB Financial Corporation
NEW YORK, August 11, 2023--(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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230811023131/en/
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
