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Published on 5/7/2021 in the Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch revises Zions view to stable

Fitch Ratings said it revised the outlook to stable from negative and affirmed Zions Bancorporation, NA's long-term issuer default rating at BBB+.

The outlook reflects the view that Zions’ performance through the course of 2020 and its expected performance going forward are in line with the firm's rating. “Moreover, it reflects Fitch's assessment of Zions’ solid company profile and franchise in the Western U.S., as well as a management team that has consistently delivered on strategic goals,” the agency said in a press release.


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