... Inc.'s (HBAN) IDRs is supported by the company's good earnings profile, solid capital, improved funding profile, and stable asset quality performance, which is currently in-line with `A¡' rated regional peers and considered to be sustainable. Notably, HBAN has improved its risk profile through various actions over the past few years. Solid Results in Challenging Environment: HBAN has delivered solid results with return on assets (ROA) hitting an average of 1.13% and pre-provision net revenues (PPNR)/average asset averaging 1.70% over the past five quarters despite a difficult operating environment. Furthermore, NIM compression has been more manageable versus peers. Fitch also believes many of these trends are sustainable, particularly given the company's good loan growth in commercial and industrial loans (C&I) portfolio and stable credit performance. Sizable Home Equity: HBAN has a large home-equity book that may be exposed to rate...
