S&P Upgrades 6 Regional Banks On Better CRE Risk Outlook

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S&P Upgrades 6 Regional Banks On Better CRE Risk Outlook

Banks with large commercial real estate exposures have had a tumultuous last few years, but a new S&P Global Ratings report indicates the outlook is improving.  The report concludes that while CRE exposure will continue to hamper some banks, the likelihood of CRE problems leading to a weakening in the creditworthiness of banks has declined over the last year. As a result, S&P revised its ratings outlooks for Columbia Banking System Inc., First C…