Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable - S&P Global Ratings’ Credit Research

Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable

Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable - S&P Global Ratings’ Credit Research
Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable
Published Jan 27, 2006
920 words — Published Jan 27, 2006
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

On Jan. 27, 2006, Standard&Poor's Ratings Services raised its ratings on U.S. Bancorp, including its counterparty credit ratings, which were raised to 'AA-/A-1+' from 'A+/A-1'. Standard&Poor's also raised its long-term counterparty credit ratings on U.S. Bancorp's subsidiaries, U.S. Bank National Assn. and U.S. Bank National Assn. N.D., to 'AA' from 'AA-'. The outlook was revised to stable from positive. The ratings upgrade for U.S. Bancorp and its units reflects the company's sector-leading core earnings performance and a consistency of performance throughout a challenging interest rate cycle. The ratings also reflect the company's lower credit risk profile, which has translated into lower credit costs and lower volatility of operating results. U.S. Bancorp operates with the highest pretax

  
Brief Excerpt:

RESEARCH Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable Publication date: 27-Jan-2006 Credit Rating: ##-/Stable/A-1+ Rationale On Jan. 27, 2006, Standard & Poor's Ratings Services raised...

  
Report Type:

Research Update

Ticker
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable" Jan 27, 2006. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ratings-Raised-On-U-S-Bancorp-And-Subsidiaries-Outlook-Revised-To-Stable-489883>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Ratings Raised On U.S. Bancorp And Subsidiaries; Outlook Revised To Stable Jan 27, 2006. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ratings-Raised-On-U-S-Bancorp-And-Subsidiaries-Outlook-Revised-To-Stable-489883>
  
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