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Published on 8/4/2011 in the Prospect News Investment Grade Daily.

DBRS: Susquehanna unchanged

DBRS said Susquehanna Bancshares, Inc.'s BBB (high) issuer and senior debt ratings are unchanged following the release of their second quarter 2011 results.

The trend is negative.

Reflecting lower credit costs, partially offset by sizable non-core expenses, Susquehanna reported net income of $11.1 million for the second quarter, up from $9.8 million in the first quarter of 2011, DBRS said.


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