Aug 8 (Reuters) - Ratings agency Moody's on Monday
downgraded several mid-sized U.S. banks, warning that the credit
strength of lenders will likely be tested by funding risks and
weaker profits. 
    Moody's also said it may downgrade some of the largest U.S.
lenders, in a blow to the industry that regained stability after
several bank failures earlier this year. 
    
    Here's the list of banks and action taken by Moody's:
 Bank name   Rating Action  Outlook        Rationale
 Pinnacle    Downgraded to  Changed to     Shows several
 Financial   BAA2 from      negative from  sources of
 Partners    BAA1           stable         strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Fulton      Downgraded to  Negative       Shows several
             BAA2 from                     sources of
             BAA1                          strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Prosperity  Downgraded     Stable         Shows several
 Bank        long-term                     sources of
             deposits to                   strain on the
             A1 from AA3                   banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 BOK         Downgraded to  Stable         Shows several
 Financial   BAA1 from A3                  sources of
 Corp                                      strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Webster     Downgraded to  Stable         Shows several
             BAA2 from                     sources of
             BAA1                          strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Associated  Downgraded to  Stable         Shows several
 Banc-Corp   BAA2 from                     sources of
             BAA1                          strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Old         Downgraded     Negative       Shows lower
 National    Senior                        level of
 Bancorp     Unsecured to                  capitalization
             A1 from AA3                   , elevated
                                           exposure to
                                           CRE loans and
                                           weaker
                                           liquidity
                                           buffer
                                           compared to
                                           higher-rated
                                           peers
 Citizens    Affirmed       Changed to     Shows several
 Financial   senior         negative from  sources of
 Corp        unsecured at   stable         strain on the
             BAA1                          banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 M&T Bank    Downgraded     Stable         Shows several
 Corp        senior                        sources of
             unsecured to                  strain on the
             BAA1                          banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Commerce    Downgraded     Stable         Shows several
 Bank        long-term                     sources of
             issuer to A3                  strain on the
             from A2                       banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Regions     Affirm senior  Changed to     Shows several
 Financial   unsecured at   negative from  sources of
 Corp        BAA1           stable         strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Simmons     Affirmed at    Negative       Shows several
 First       BAA2                          sources of
 National                                  strain on the
                                           banking sector
                                           from funding
                                           pressures,
                                           regulatory
                                           capital
                                           weaknesses and
                                           rising risks
                                           from CRE
                                           exposures
 Ally        Affirmed LT    Negative       Rating action
 Financial   bank deposits                 reflects the
             at A3                         bank's strong
                                           liquidity and
                                           funding
                                           profile, its
                                           conservative
                                           credit culture
                                           and track
                                           record of good
                                           asset quality
 
    Below are the U.S. banking giants that Moody's have put
under review for potential downgrades.
    
    
 Bank Name   Rating Action   Outlook           Rationale
 Bank of     Review for                        Reflects
 New York    downgrading                       ongoing strain
 Mellon      the long-term                     in the US
             issuer                            banking sector,
             ratings, debt                     including more
             ratings,                          funding
             counterparty                      pressures and
             risk ratings                      potential
                                               regulatory
                                               capital
                                               weaknesses
 US Bancorp  Review for                        Reflects its 
             downgrade of                      low, though
             all long-term                     improving,
             and select                        level of
             short-term                        capitalization,
             ratings                           rising deposit
                                               costs and
                                               increased use
                                               of wholesale
                                               funding and its
                                               sizable holding
                                               of fixed-rate
                                               assets
 Truist      Review for      Changed to        Reflects its
 Financial   downgrade of    ratings under     low, though
             long-term       review from       improving,
             ratings         stable            level of
                                               capitalization
                                               along with
                                               weaknesses in
                                               the
                                               asset-liability
                                               management
 State       Review for      Changed to        Reflects the
 Street      downgrade of    ratings under     strain in the
 Corp        long-term       review from       US banking
             ratings         stable            sector,
                                               including more
                                               funding
                                               pressures and
                                               potential
                                               regulatory
                                               capital
                                               weaknesses
 Northern    Long-term                         Reflects the 
 Trust Corp  ratings under                     strain in the
             review for                        US banking
             downgrade                         sector,
                                               including
                                               funding
                                               pressures and
                                               potential
                                               regulatory
                                               capital
                                               weaknesses
 

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by
Arun Koyyur)