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FIRST SECURITY BANK Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 16 2022 11:59:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below:

Credit Rating Rationales & Model

Larger, investment-grade issuers that have access to both public and private debt markets have greater flexibility than companies that depend solely on private bank loans. In addition, we consider whether a company can borrow on an unsecured basis, has access to the commercial paper markets, and issues debt in multiple geographies. It is more costly to raise debt in the public bond markets and often requires a company to establish a track record among investors. These costs and information asymmetry issues sometimes make it impractical for smaller, speculative-grade issuers to raise small amounts of debt in public markets.

Rating Model for FIRST SECURITY BANK: We estimate the credit risk parameters by Rating and Spearman Correlation

Credit Ratings for FIRST SECURITY BANK as of 16 Jan 2022

Credit Rating Short-Term Long-Term Senior
AI Rating Class*B3B1
Semantic Signals7131
Financial Signals5838
Risk Signals3989
Substantial Risks4063
Speculative Signals5081

*Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.

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