...Ratings Affirmed: On Jan. 28, 2016, Fitch Ratings affirmed the Long-Term Issuer Default Ratings of Fulton Financial Corporation (FULT) and its subsidiaries at `BBB+'. The rating reflects the company's strong asset quality, solid capital and established franchise. Stable Asset Quality: Asset quality, as measured by the Fitch-calculated NPA ratio, has shown gradual improvement over recent years despite minimal net charge-offs. The rating reflects strong credit performance over multiple credit cycles. Strong Franchise: FULT's good deposit market share within its core markets in the U.S. Mid- Atlantic region is a rating strength. Recent market disruption as a result of consolidation of competitor banks has created an opportunity for FULT to incrementally boost its market share further. Stable Capital Levels: FULT's risk-based capital levels have stabilized. Declining share repurchase activity has supported risk asset growth over the first nine months of 2016. As of Sept. 30, FULT reported a...
