Methodology
DBRS Criteria: Rating Bank Preferred Shares and Equivalent Hybrids (Archived)
Banking Organizations, Financial Institutions, Non-Bank Financial InstitutionsRelated Documents
Press Release:
- DBRS Removes U.S. Rating Floor
- DBRS Comments on RBC Q3 2011 Results
- DBRS Comments on BNS Expansion in Colombia
- DBRS Comments on BNS Expansion in Thailand
- DBRS Confirms HSBC Bank Canada, Trends Stable
- DBRS Comments on RBC’s Sale of RBC Bank (USA)
- DBRS Discontinues Rating of ING Bank of Canada
- DBRS Downgrades HSBC Bank Canada; Trends Stable
- DBRS Discontinues Ratings on Dexia CAD Funding LLC
- DBRS Downgrades USB Capital IX to “A”, Trend Stable
- DBRS Confirms TD at AA and R-1 (high), Trends Stable
- DBRS Confirms TD at AA and R-1 (high), Trends Stable
- DBRS Confirms TD at AA and R-1 (high); Trends Stable
- DBRS Comments on RBC’s Full Ownership of RBC Dexia
- DBRS Confirms RBC at AA and R-1 (high), Trends Stable
- DBRS Confirms RBC at AA and R-1 (high); Trends Stable
- DBRS Confirms RBC at AA and R-1 (high); Trends Stable
- DBRS Confirms SUSQ at BBB (high) and Changes Trend to Stable
- DBRS Confirms CIBC at AA and R-1 (high), Trends Stable
- DBRS Confirms CIBC at AA and R-1 (high); Trends Stable
- DBRS Confirms CIBC at AA and R-1 (high); Trends Stable
- DBRS Confirms Laurentian Bank at BBB (high), R-1 (low)
- DBRS Confirms HSBC USA Inc. at AA, Trend Revised to Stable
- DBRS Comments on Canadian Western Bank Warrant Proposal
- DBRS Confirms Cullen/Frost Bankers, Inc. at “A”: Stable
- DBRS Confirms Laurentian Bank Following MRS Announcement
- DBRS Confirms National Bank at AA (low) and R-1 (middle)
- DBRS Confirms National Bank at AA (low) and R-1 (middle)
- DBRS Confirms National Bank at AA (low) and R-1 (middle)
- DBRS Confirms National Bank at AA (low) and R-1 (middle)
- DBRS Confirms National Bank at AA (low) and R-1 (middle)
- DBRS Comments on Canadian Western Bank Warrant Redemption
- DBRS Confirms Laurentian Bank at BBB (high) and R-1 (low)
- DBRS Confirms Laurentian Bank at BBB (high) and R-1 (low)
- DBRS Confirms Toronto-Dominion Bank at AA and R-1 (high)
- DBRS Discontinues RBC TruCS Series 2010 due to Redemption
- DBRS Confirms KeyCorp – Sr. Debt at BBB (high); Trend Stable
- DBRS Confirms U.S. Bancorp’s Senior Debt at AA; Trend Stable
- DBRS Discontinues TD CaTS – Series 2009 due to Redemption
- DBRS Changes HSBC Bank Canada Trends to Stable from Negative
- DBRS Confirms Citigroup’s Senior Debt at “A”; Trend Stable
- DBRS Confirms PNC Financial at A (high), Changes Trend to Stable
- DBRS Confirms Regions Financial Corporation at BBB: Stable Trend
- DBRS Comments on RBC’s Acquisition of Ally Financial Canada
- DBRS Comments on RBC’s BlueBay Asset Management Acquisition
- DBRS Discontinues BMO BOaTS – Series A; Securities Redeemed
- DBRS Confirms City National Corporation at “A”; Trend Stable
- DBRS Comments on National Bank Acquisition of Wellington West
- DBRS Confirms Bank of Montreal at AA, R-1 (high), Stable Trend
- DBRS Confirms Bank of Montreal at AA, R-1 (high), Stable Trend
- DBRS Confirms Bank of Nova Scotia Ratings at AA and R-1 (high)
- DBRS Confirms Bank of Nova Scotia Ratings at AA and R-1 (high)
- DBRS Confirms Fifth Third’s Senior Debt at A (low); Trend Stable
- DBRS Confirms TD Bank US Holding Company at AA (low); Trend Stable
- DBRS Confirms U.S. Bancorp Senior Debt at AA; Trend Remains Stable
- DBRS Confirms Bank of Nova Scotia Ratings at AA and R-1 (high)
- DBRS Confirms Credit Suisse Group at AA, Trend Remains Negative
- DBRS Confirms Webster Financial Corporation at BBB, Trend is Stable
- DBRS Discontinues Redeemed BMO Capital Trust BOaTS – Series B
- DBRS Confirms JPMorgan Chase & Co. at A (high), Trend Remains Stable
- DBRS Confirms State Street’s Senior Debt at AA (low); Trend Stable
- DBRS Confirms Bank of Montreal at AA and R-1 (high), Stable Trend
- DBRS Confirms HSBC Bank Canada at AA and R-1 (high), Stable Trend
- DBRS Discontinues rating BMO BOaTS – Series C due to Redemption
- DBRS Discontinues New York Community Bank’s Preferred Stock Rating
- DBRS Comments on Bank of Nova Scotia’s Dundee Wealth Acquisition
- DBRS Confirms Bank of Montreal at AA and R-1 (high), Stable Trends
- DBRS Confirms CIBC at AA and R-1 (high), Negative Trend Unchanged
- DBRS Comments on U.S. Bancorp 1Q12 Earnings – Senior at AA Unchanged
- DBRS Comments on U.S. Bancorp 4Q11 Earnings – Senior at AA Unchanged
- DBRS Confirms Canadian Western Bank Rating at A (low), Stable Trend
- DBRS Confirms HSBC Bank Canada at AA and R-1 (high), Negative Trend
- DBRS Confirms HSBC Bank Canada at AA and R-1 (high), Negative Trend
- DBRS Confirms Bank of Montreal at AA and R-1 (high), Stable Trend
- DBRS Discontinues RBC TruCS – Series 2011 Rating due to Redemption
- DBRS Places HSBC Bank Canada Under Review with Negative Implications
- DBRS Confirms Astoria Financial Corporation; Senior at BBB, Trend Stable
- DBRS Comments on CIBC Announced Tri-party Agreement with Aimia and TD
- DBRS Comments on TD Announced Tri-party Agreement with Aimia and CIBC
- DBRS Confirms Royal Bank of Canada at AA and R-1 (high), Stable Trend
- DBRS Confirms Royal Bank of Canada at AA and R-1 (high), Stable Trend
- DBRS Confirms Zions Bancorporation Senior Debt at BBB (low); Stable Trend
- DBRS Comments on U.S. Bancorp’s 3Q12 Earnings – Senior at AA Unchanged
- DBRS Comments on U.S. Bancorp’s 4Q10 Earnings – Senior at AA Unchanged
- DBRS Confirms BB&T Corporation’s Senior Debt at A (high); Stable Trend
- DBRS Confirms FirstMerit Corporation at A (Low), Maintains Negative Trend
- DBRS Comments on U.S. Bancorp’s 1Q11 Earnings – Senior at AA Unchanged
- DBRS Comments on U.S. Bancorp’s 2Q11 Earnings – Senior at AA Unchanged
- DBRS Comments on U.S. Bancorp’s 3Q11 Earnings – Senior at AA Unchanged
- DBRS Confirms New York Community Bancorp, Inc. at BBB (high); Stable Trend
- DBRS Assigns Additional Ratings to Lloyds, Senior Unaffected at A (high)
- DBRS Assigns R-1 (low) and Pfd-3 (high) Ratings to Canadian Western Bank
- DBRS Confirms Bank of Montreal Following Acquisition of Marshall & Ilsley
- DBRS Confirms Lloyds Banking Group at A (high), Trend Revised to Negative
- DBRS Downgrades Dexia Entities Jr. Sub Debt; Senior at A (high) Unchanged
- DBRS Comments on Wells Fargo & Company 4Q10 Earnings - Senior at AA, Unchanged
- DBRS Comments on CIBC’s Redemption of Preferred Shares Series 19 & 23
- DBRS Assigns a BBB Rating to BB&T Corporation’s Preferred Stock; Trend Stable
- DBRS Comments on TD’s Acquisition of Target’s U.S. Credit Card Portfolio
- DBRS Comments on PNC’s 3Q11 Earnings – Senior at A (high), Ratings Unchanged
- DBRS Places Citigroup’s “A” Rating Under Review With Negative Implications
- DBRS Assigns Additional Ratings to Swedbank AB, Senior Unaffected at A (high)
- DBRS Downgrades and Withdraws Dexia Crédit Local (“Dexia CL”) at A (low)
- DBRS Confirms Bank of Nova Scotia Ratings at AA and R-1 (high), Trends Stable
- DBRS Confirms Bank of Nova Scotia Ratings at AA and R-1 (high); Trends Stable
- DBRS Correction: Bank of Montreal Confirmed at AA and R-1 (high), Stable Trend
- DBRS Discontinues Rating on BMO Preferred Shares, Series 10, due to Redemption
- DBRS Comments on PNC’s 1Q12 Earnings – Senior at A (high) – Ratings Unchanged
- DBRS Comments on PNC’s 3Q12 Earnings – Senior at A (high) – Ratings Unchanged
- DBRS Comments on PNC’s 4Q11 Earnings – Senior at A (high) – Ratings Unchanged
- DBRS Confirms SunTrust Banks, Inc.’s Senior Debt at A (low); Trend Remains Stable
- DBRS assigns a BB (high) rating to Citigroup Inc.’s Preferred Stock; Trend Stable
- DBRS Assigns BBB rating to PNC Financial’s Perpetual Preferred Stock; Trend Stable
- DBRS Comments on Bank of America’s 1Q11 Earnings; Senior Debt at “A” Unchanged
- DBRS Comments on Bank of America’s 4Q10 Earnings; Senior Debt at “A” Unchanged
- DBRS Assigns Additional Ratings to Danske Bank A/S, Senior Unaffected at A (high)
- DBRS Confirms BNS Ratings at AA and R-1 (high) Following ING Direct Announcement
- DBRS Comments on Bank of America’s 2Q11 Earnings; Senior Debt Unchanged at “A”
- DBRS Comments on Bank of America’s 3Q12 Earnings; Senior Debt Unchanged at “A”
- DBRS Comments on KeyCorp’s 1Q11 Earnings; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Comments on KeyCorp’s 2Q11 Earnings; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Comments on KeyCorp’s 2Q12 Earnings; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Comments on KeyCorp’s 3Q11 Earnings; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Comments on KeyCorp’s 3Q12 Earnings; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Comments on KeyCorp’s 4Q11 Earnings; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Comments on KeyCorp’s 1Q12 Earnings; Sr. at BBB (high), Unchanged; Trend Stable
- DBRS Comments on SunTrust Banks, Inc.’s 1Q11 Results – Senior at A (low) Unchanged
- DBRS Confirms The Bank of New York Mellon Corp.; Senior Debt at AA (low), Trend Stable
- DBRS Places Bank of America’s “A” Rating Under Review With Negative Implications
- DBRS Comments on SunTrust Banks, Inc.’s 2Q11 Earnings – Senior at A (low) Unchanged
- DBRS Comments on SunTrust Banks, Inc.’s 3Q11 Earnings – Senior at A (low) Unchanged
- DBRS Comments on SunTrust Banks, Inc.’s 4Q10 Results – Senior at A (low); Unchanged
- DBRS Confirms Citizens Republic Bancorp at B (low); Ratings Still Under Review Negative
- DBRS Releases Methodology for Rating Bank Preferred Shares and Equivalent Hybrids
- DBRS Comments on State Street’s 1Q11 Earnings; Sr. at AA (low) Unchanged; Trend Stable
- DBRS Comments on State Street’s 2Q11 Earnings; Sr. at AA (low) Unchanged; Trend Stable
- DBRS Comments on State Street’s 3Q11 Earnings; Sr. at AA (low) Unchanged; Trend Stable
- DBRS Comments on CIBC’s Acquisition of 41% Interest in American Century Investments
- DBRS Assigns an ‘A’ rating to Wells Fargo & Company’s Preferred Stock; Trend Stable
- DBRS Confirms Ratings of Old National Bancorp & Related Entities – Senior at BBB (high)
- DBRS Changes CIBC Trend to Stable from Negative; Confirms Ratings at AA and R-1 (high)
- DBRS Comments on National Bank’s Acquisition of TD Waterhouse Institutional Services
- DBRS Confirms HSBC Bank Canada, Ratings Remain Under Review with Negative Implications
- DBRS Comments on PNC Financial’s 1Q11 Earnings – Senior at A (high), Ratings Unchanged
- DBRS Comments on PNC Financial’s 2Q11 Earnings – Senior at A (high), Ratings Unchanged
- DBRS Comments on PNC Financial’s 4Q10 Earnings – Senior at A (high), Ratings Unchanged
- DBRS Comments on SunTrust Banks, Inc.’s 3Q12 Results – Senior at A (low); Trend Stable
- DBRS Confirms Huntington Bancshares Inc.’s Senior Debt at BBB; Changes Trend to Positive
- DBRS Comments on Associated Banc-Corp’s 1Q12 Results – Senior Debt at BBB; Trend Stable
- DBRS Comments on Associated Banc-Corp’s 3Q12 Results – Senior Debt at BBB; Trend Stable
- DBRS Comments on BNY Mellon’s 1Q11 Earnings; Sr. Debt at AA (low) Unchanged; Trend Stable
- DBRS Comments on BNY Mellon’s 2Q11 Earnings; Sr. Debt at AA (low) Unchanged; Trend Stable
- DBRS Comments on BNY Mellon’s 3Q11 Earnings; Sr. Debt at AA (low) Unchanged; Trend Stable
- DBRS Discontinues Ratings of Various Bank of America Corporation Trust Preferred Securities
- DBRS assigns a BBB (low) Preferred Stock Rating to Cullen/Frost Bankers, Inc.; Trend Stable
- DBRS Discontinues TD’s Class A First Preferred Shares, Series M & N due to Redemption
- DBRS Assigns BB (high) rating to M&T Bank Corp.’s Perpetual Preferred Stock; Trend Negative
- DBRS Comments on KeyCorp’s 4Q10 and 2010 Results; Sr. at BBB (high) Unchanged; Trend Stable
- DBRS Downgrades Citizens Republic Bancorp to B (low); Maintains Ratings Under Review Negative
- DBRS Assigns Additional Ratings to Svenska Handelsbanken AB, Senior Unaffected at AA (low)
- DBRS Will Discontinue TD’s Class A First Preferred Shares, Series M and N on Redemption
- DBRS Assigns Rating to State Street Corporation’s Preferred Shares – A (low), Stable Trend
- DBRS Comments on Fifth Third Bancorp’s 1Q11 Earnings – Senior at A (low) Remains Unchanged
- DBRS Comments on Fifth Third Bancorp’s 2Q11 Earnings – Senior at A (low) Remains Unchanged
- DBRS Comments on Fifth Third Bancorp’s 3Q11 Earnings – Senior at A (low) Remains Unchanged
- DBRS Comments on Fifth Third Bancorp’s 4Q10 Earnings – Senior at A (low) Remains Unchanged
- DBRS Comments on Region's 4Q10 Results – Sr. Debt at BBB; Trend Negative; Ratings Unaffected
- DBRS Comments on Regions' 1Q11 Results – Sr. Debt at BBB; Trend Negative; Ratings Unaffected
- DBRS Comments on Fifth Third Bancorp’s 3Q12 Earnings – Senior at A (low); Ratings Unchanged
- DBRS Comments on Comerica Inc.’s 1Q11 Earnings; Senior Debt at “A” Unchanged; Trend Stable
- DBRS Comments on Comerica Inc.’s 1Q12 Earnings; Senior Debt at “A” Unchanged; Trend Stable
- DBRS Comments on Comerica Inc.’s 2Q11 Earnings; Senior Debt at “A” Unchanged; Trend Stable
- DBRS Comments on Comerica Inc.’s 2Q12 Earnings; Senior Debt at “A” Unchanged, Trend Stable
- DBRS Comments on Comerica Inc.’s 3Q11 Earnings; Senior Debt at “A” Unchanged; Trend Stable
- DBRS Comments on Comerica Inc.’s 3Q12 Earnings; Senior Debt Unchanged at “A”; Trend Stable
- DBRS Comments on Comerica Inc.’s 4Q11 Earnings; Senior Debt at “A” Unchanged; Trend Stable
- DBRS Comments on Regions’ 2Q11 Results – Sr. Debt at BBB; Trend Negative; Ratings Unaffected
- DBRS Comments on Regions’ 3Q11 Results – Sr. Debt at BBB; Trend Negative; Ratings Unaffected
- DBRS Comments on State Street’s 4Q10 and 2010 Results; Sr. at AA (low) Unchanged; Trend Stable
- DBRS Clarifies its Approach to Rating Bank Subordinated Debt and Hybrid Instruments
- DBRS Downgrades Citizens Republic Bancorp’s Trust Preferreds; All Ratings Under Review Negative
- DBRS Places RBC’s Non-Cumulative First Preferred Shares, Series W Under Review – Negative
- DBRS Assigns AA to State Street Bank and Trust Company’s Extendible Notes Issuance; Trend Stable
- DBRS Discontinues Ratings of Various JPM Capital Trust Preferred and Bank One Preferred Securities
- DBRS Confirms Comerica Inc. Senior Debt at ‘A’ Following Sterling Bank Acquisition Announcement
- DBRS Confirms JPMorgan Chase After Mortgage Settlement – Senior at A (high), Trend Remains Stable
- DBRS Discontinues Rtgs of Wells Fargo Capital XIII and Wells Fargo Capital XIV Trust Pfd Securities
- DBRS assigns BBB (high) Sub Debt; BB (high) Preferred Stock Ratings to FirstMerit Corp.; Trend Neg
- DBRS Confirms Laurentian Bank, Long-Term Trend Remains Positive, Short-Term Trend Remains Stable
- DBRS Takes Various Rating Actions, Assigns Additional Rating to DnB NOR, Senior Unaffected at AA
- DBRS Comments on BNY Mellon’s 4Q10 and 2010 Earnings; Sr. Debt at AA (low) Unchanged; Trend Stable
- DBRS Discontinues Fifth Third Bancorp’s Non-Cumulative Perpetual Convertible Prfd Stock, Series G
- DBRS Comments on Associated Banc-Corp’s 1Q11 Results – Senior Debt at BBB Unchanged; Trend Stable
- DBRS Comments on Associated Banc-Corp’s 2Q11 Results – Senior Debt at BBB Unchanged; Trend Stable
- DBRS Comments on Associated Banc-Corp’s 3Q11 Results – Senior Debt at BBB Unchanged; Trend Stable
- DBRS Comments on Associated Banc-Corp’s 4Q11 Results – Senior Debt at BBB Unchanged; Trend Stable
- DBRS Ratings on New York Community Bancorp Unchanged after 3Q12 Results – Senior at BBB (high), Stb
- DBRS assigns A (low) rating to The Bank of New York Mellon Corporation’s Preferred Stock; Trend Stb
- DBRS Takes Various Rating Actions and Assigns Additional Ratings on Nordea, Senior Unaffected at AA
- DBRS Comments on Associated Banc-Corp’s 4Q10 Results – Senior at BBB Unchanged; Trend Still Negative
- DBRS Comments on CIBC’s Acquisition of Credit Cards from Citigroup’s Canadian MasterCard Business
- DBRS Takes Various Rating Actions and Assigns Additional Rating on SEB, Senior Unaffected at AA (low)
- DBRS Discontinues and Withdraws Ratings on Dexia Banque Internationale à Luxembourg (“Dexia BIL”)
- DBRS Places BMO’s Non-Cumulative Perpetual Class B Preferred Shares, Series 10 Under Review – Neg.
- DBRS Places CIBC’s Non-Cum. Class A Preferred Shares, Series 26, 27 and 29, Under Review – Negative
- DBRS Changes Laurentian Bank Long-Term and Issuer Rating Trends to Positive, Short-Term Trend Remains Stable
- DBRS Comments on National Bank’s Acquisition of HSBC Canada’s Full-Service Investment Advisory Business
- DBRS Changes Debt Name for DZ BANK’s Mandatory Pay Subordinated Debt – Sr Unaffected at AA (low), Neg trend
- DBRS Places TD’s Non-Cumulative Class A 1st Preferred Shares, Series M and Series N, Under Review with Negative Implications
- DBRS Correction: TD’s Non-Cumulative Class A 1st Preferred Shares, Series M and Series N, Under Review with Negative Implications
Contacts
Kent Wideman
Managing Director, Global Esoteric Finance - Internal Audit
+(1) 416 597 7535
kent.wideman@morningstar.com- Brenda Lum
Managing Director - North American Corporate Real Estate Ratings
+(1) 416 597 7569
brenda.lum@morningstar.com - Roger Lister
Managing Director, Chief Credit Officer - Global FIG and Sovereign Ratings
+1 212 806 3231
roger.lister@morningstar.com - Alan G. Reid
Group Managing Director, Global Head of Fundamental Ratings - Credit Ratings Leadership
+(1) 212 806 3232
alan.reid@morningstar.com