S&P Downgrades Outlook On 5 Regional Banks, Citing CRE Exposure

  • 4/2/2024

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S&P Global downgraded five regional banks Tuesday to a “negative” outlook from “stable” because of their exposure to CRE loans. The banks include First Commonwealth Financial, M&T Bank, Synovus Financial, Trustmark and Valley National Bancorp.

First Commonwealth Financial (Bank)
Dona DeNaro | Senior Investment Officer
Trustmark Bank
Monica Day | President-Institutional Banking
M&T Bank
Robert Bojdak | Sr EVP/Chief Credit Officer

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