The objective of the HBAN
Programme is to deliver a regionally focused Business Angel ecosystem that reflects international best practice, with more active and better trained Business Angels, well-formed and functioning Syndicates who will ultimately invest more capital into a larger number of early stage companies.
However, a few institutions whose credit profiles have been demonstrating continued relative progress, such as FITB, HBAN
, RF, and ZION, could see ratings improvement over the near-to-intermediate term, as reflected in their positive outlooks.
Despite a difficult operating environment, HBAN
has delivered solid results with ROA hitting 1.
may experience further credit quality deterioration in the loan portfolio, particularly if economic weakness in its footprint persists, HBAN
is operating with solid reserve coverage and capital that would support potential losses.
Additionally, Fitch has upgraded the Individual Rating of HBAN
and HNB to 'B/C' from 'C'.
Tickers featured: ASO, BAC, BK, CBSS, CMA, FITB, HBAN
, KEY, MEL, MI, NCC, NTRS, PNC, RF, STI, STT, USB, WB, WFC, ZION.
also recently announced an additional $150 million equity issuance, which will complete the company's previously announced capital raising efforts.
Tickers featured: BAC, BBT, BKUNA, C, COF, FFBK, FVB, HARB, HBAN
, JPM, KRB, MI, MRBK, MSBK, OZRK, RBKV, RY, STI, TBNC, UCBI, WB.
COM ANNOUNCES INVESTMENT OPINION ON JAZZ, CTIC, BDSI, HBAN
Tickers featured: BBT, CBCL, CBSH, CF, CMA, FBC, FITB, FMER, FVB, HBAN
, IFC, MBWM, MCBC, NCC, OAKF, ONE, OZRK, PFGI, PNC, SBIB, SKYF, SWBT, TCB, USB, WTFC.
Tickers featured: BC, BKNG, CSC, DL, FBF, HBAN
, JNY, KSE, LQI, NWL, ONE, POL, STI, TRB.
announced its board approved an 'Equity Increment Issuance' Program, which allows for the issuance of up to 10% of outstanding shares with an aggregate price of $100 million.