Huntington Bancshares Incorporated (HBAN)
Pre-Market:
| Previous Close | 13.15 |
| Open | 13.19 |
| Bid | 13.14 x 2400 |
| Ask | 13.23 x 2400 |
| Day's Range | 13.10 - 13.33 |
| 52 Week Range | 9.13 - 14.07 |
| Volume | |
| Avg. Volume | 17,477,583 |
| Market Cap | 19.188B |
| Beta (5Y Monthly) | 1.12 |
| PE Ratio (TTM) | 10.63 |
| EPS (TTM) | 1.24 |
| Earnings Date | Apr 19, 2024 |
| Forward Dividend & Yield | 0.62 (4.70%) |
| Ex-Dividend Date | Mar 15, 2024 |
| 1y Target Est | 15.35 |
- Reuters
WRAPUP 1-Wall St sees more pain ahead for US mid-sized lenders after Q1 profits decline
U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted loan growth drag their earnings. Regions Financial, Huntington Bancshares and Fifth Third Bancorp joined peers in reporting smaller first-quarter profits on Friday, due to a steep fall in their interest income. Net interest margin, a key measure of banking profitability that takes into account earnings from interest on loans and payments on deposits, also contracted across regional lenders for the second straight quarter.
ZacksHuntington Bancshares (HBAN) Beats Q1 Earnings and Revenue Estimates
Huntington Bancshares (HBAN) delivered earnings and revenue surprises of 12% and 1.49%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
PR NewswireHuntington Bancshares Incorporated Reports 2024 First-Quarter Earnings
Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income for the 2024 first quarter of $419 million, or $0.26 per common share, an increase of $176 million, or $0.11, from the prior quarter, and a decrease of $183 million, or $0.13, from the year-ago quarter. Adjusted earnings per common share were $0.28, excluding $0.02 per common share of after-tax Notable Items.
