Fitch makes rating decisions on three banks
by MBJ Staff
Published: September 7,2011
Tags: banking and finance, Banks, credit rating, debt rating, financial institutions
GULFPORT and JACKSON — Fitch Ratings has made rating decisions on three banks. Fitch upgraded Whitney Bank’s long-term issuer default rating (IDR) to “BBB+” in the wake of the company’s June 2011 acquisition by Hancock Holding Company (HBHC).
Additionally, Fitch has assigned initial long- and short-term IDRs to Hancock Holding and Hancock Bank of “BBB+/F2.”
The rating outlook is “stable.”
In addition, Fitch has affirmed the long-term IDRs for Trustmark Corporation and its banking subsidiary, Trustmark National Bank at “A-.”
The rating outlook is “stable.”
Close this Window Bookmark and Share This Page
Copy HTML:
If you like this then please subscribe to the RSS Feed.
![[Print]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/print.png)
![[Email]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/email_2.png)
![[RSS Feed]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
![[Digg]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/digg.png)
![[Facebook]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/facebook.png)
To sign up for Mississippi Business Daily Updates, click here.
Recent Posts
- FNC index shows U.S. home prices up for first time since last July
- Appeals Court to hear lawsuits over drawing county district lines
- SBA honors mayor for helping community recover from tornado
- USDA, partners awards $20M-plus for habitat restoration along river
- C Spire Wireless gives update on 4G LTE network build-out
- Eutaw Construction suing Port Commission over contract
- Hancock Fabrics losses mount; faces many challenges
- Ex-cancer clinic officer manager pleads guilty to health care fraud
POST A COMMENT