S&P lowers outlook on five regional U.S. banks to negative

S&P lowered the rating outlook of five regional banks in the United States to "negative", including M&T Bank (MTB.US), Synovus Financial (SNV.US), Trustmark (TRMK.US) and Valley National Bancorp (VLY.US).

S&P lowers outlook on five regional U.S. banks to "negative"

According to the latest report, S&P lowered the rating outlook of five regional banks in the United States to "negative". This includes M&T Bank (MTB.US), Synovus Financial (SNV.US), Trustmark (TRMK.US) and Valley National Bancorp (VLY.US).

M&T Bank (MTB.US)

M&T Bank (MTB.US) is one of the banks that has received a downgrade. The bank has performed solidly over the past few years but has faced some challenges recently, leading S&P to lower its outlook.

Synovus Financial(SNV.US)

Another bank affected is Synovus Financial (SNV.US). The bank has a strong presence in the market, but recent operating conditions have drawn S&P's attention, leading to a downgrade in the outlook.

• Trustmark(TRMK.US)
• Valley National Bancorp(VLY.US)

In addition to the two banks mentioned above, Trustmark (TRMK.US) and Valley National Bancorp (VLY.US) were also affected by the downgrade of their rating outlook. This indicates that the banking industry across the region faces a number of challenges that require enhanced risk management and operating strategies.