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Stock impact report

UPDATE 1-S&P Global downgrades outlooks on five regional US banks to negative [Yahoo! Finance]

First Commonwealth Financial Corporation (FCF) 
Last first commonwealth financial corporation earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: fcbanking.com/why-us
Company Research Source: Yahoo! Finance
to "negative" from "stable" due to their commercial real estate exposures, the ratings agency said on Tuesday. It downgraded First Commonwealth Financial, M&T Bank , Synovus Financial, Trustmark, and Valley National Bancorp. "Stress in commercial real estate (CRE) markets, such as reduced property prices and higher vacancies particularly for investor-owned office properties, has created a rising challenge for banks with sizable loan exposures to CRE," S&P said. (Reporting by Mehnaz Yasmin in Bengaluru; Editing by Devika Syamnath) Show less Read more
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