S&P reviews North American banks, changes some ratings

Standard & Poor's said it reviewed its ratings on 26 North American banks and their subsidiaries under its new bank ratings criteria, published Nov. 9.

The following is a list of rating actions on issuer credit ratings:

• American Savings Bank FSB Honolulu HI affirmed at BBB/Stable/A-2;

• Astoria Financial Corp. affirmed at BBB-/Stable/--;

• Astoria Federal Savings & Loan affirmed at BBB/Stable/A-2;

• BancorpSouth Inc. revised to BBB-/Stable/-- from BBB/Negative/--;

• BancorpSouth Bank revised to BBB/Stable/A-2 from BBB+/Negative/A-2;

• Bank of Montreal affirmed at A+/Stable/A-1;

• BMO Financial Corp. rated A+/Stable/A-1;

• BMO Harris Bank NA affirmed at A+/Stable/A-1;

• BMO Harris Financing Inc. affirmed at A+/Stable/A-1;

• Bank of N.T. Butterfield & Son Ltd. affirmed at A-/Negative/A-2;

• Bank of Nova Scotia affirmed at AA-/Stable/A-1+;

• BOK Financial Corp. affirmed at BBB+/Stable/--;

• BOKF NA affirmed at A-/Stable/A-2;

• Canadian Imperial Bank of Commerce affirmed at A+/Stable/A-1;

• CIBC World Markets Securities Ireland Ltd. affirmed at A+/Stable/--;

• Capital One Financial Corp. affirmed at BBB/Negative/--;

• Capital One Bank (U.S.) NA affirmed at BBB+/Negative/A-2;

• Capital One NA affirmed at BBB+/Negative/A-2;

• City National Corp. affirmed at BBB+/Stable/A-2;

• City National Bank Beverly Hills affirmed at A-/Stable/A-2;

• Doral Financial Corp. revised to CCC+/Negative/-- from B-/Negative/--;

• First Midwest Bancorp Inc. affirmed at BBB-/Stable/A-3;

• First Midwest Bank affirmed at BBB/Stable/A-2;

• First National Bank of Omaha affirmed at BBB-/Stable/--;

• Home Capital Group Inc. affirmed at BBB/Stable/A-2;

• Home Trust Co. affirmed at BBB+/Stable/A-2;

• Laurentian Bank of Canada affirmed at BBB+/Stable/A-2;

• Manulife Bank of Canada affirmed at A+/Stable/A-1;

• National Bank of Canada affirmed at A/Stable/A-1;

• New York Community Bancorp Inc. affirmed at BBB-/Stable/--;

• New York Community Bank affirmed at BBB/Stable/A-2;

• Oriental Financial Group affirmed at BB+/Stable/--;

• Oriental Bank & Trust affirmed at BBB-/Stable/--;

• Prudential Bank & Trust revised to A/Stable/A-1 from A-/Stable/A-2;

• Royal Bank of Canada affirmed at AA-/Stable/A-1+;

• RBC Capital Markets LLC affirmed at AA-/Stable/A-1+;

• RBC Bank (U.S.A.) revised to BBB-/Watch positive/A-3 from BBB/Watch positive/A-2;

• Royal Trust Corp. of Canada affirmed at AA-/Stable/--;

• Royal Trust Co. affirmed at AA-/Stable/A-1+;

• S&T Bank revised to BBB/Stable/A-2 from BBB+/Negative/A-2;

• Susquehanna Bancshares Inc. affirmed at BBB-/Stable/--;

• Toronto-Dominion Bank affirmed at AA-/Stable/A-1+;

• TD Bank US Holding Co. affirmed at AA-/Stable/--;

• TD Bank NA affirmed at AA-/Stable/A-1+;

• TD Securities (USA) LLC affirmed at AA-/Stable/A-1+ AA-/Stable/A-1+;

• Valley National Bancorp revised to BBB+/Stable/-- from A-/Stable/--;

• Valley National Bank revised to A-/Stable/A-2 from A/Stable/A-1;

• Webster Financial Corp. affirmed at BBB-/Stable/--; and

• Webster Bank NA affirmed at BBB/Stable/A-2.

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