This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this regional bank holding company would post earnings of $0.25 per share when it actually produced earnings of $0.28, delivering a surprise of 12%. Huntington Bancshares, which belongs to the Zacks Banks - Midwest industry, posted revenues of $1.82 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.13%. This compares to year-ago revenues of $1.85 billion. The company has to ...

1Q24 NIB dollar decline slowing Business Banking: 84% 2024 Second Quarter Earnings Review Net Interest Margin Net Interest Income N… 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 Proactively managing to a top quartile percentage retention of net interest income NIM change QoQ -2bps driven by higher cash balances at FRB Maintaining robust liquidity position with steady core deposit growth, driven by acquiring and deepening of PBRs Achieving top quartile CCAR results, demonstrated by a Stress Capital Buffer (SCB) minimum of ...

Exhibit 99.2 HUNTINGTON BANCSHARES INCORPORATED Quarterly Financial Supplement June 30, 2024 Table of Contents | --- | |-----------------------------| | Quarterly Key Statistics | | Year to Date Key Statistics | Consolidated Balance Sheets 4 Loans and Leases Composition 5 Deposits Composition 6 Consolidated Quarterly Average Balance Sheets 7 Consolidated Quarterly Net Interest Margin - Interest Income / Expense 8 Consolidated Quarterly Net Interest Margin - Yield 9 Selected Quarterly Income Statement Data 1 ...

Huntington Bancshares (HBAN) is slated to report second-quarter 2024 results on Jul 19 before the opening bell. The company's quarterly revenues and earnings are expected to have declined year over year. Huntington Bancshares Incorporated Price and EPS Surprise The Zacks Consensus Estimate for HBAN's second-quarter earnings of 28 cents per share has been revised marginally downward in the past week, reflecting the bearish sentiments of analysts. The figure indicates a 20% decline from the year-ago reported ...

The market expects Huntington Bancshares (HBAN) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the im ...

MedVet plans to continue expanding its network of specialty and emergency hospitals to serve more pets throughout the United States, while providing a compelling environment for their caregivers to build long-term careers in service of the human-animal bond. About MedVet Leonard Green & Partners, L.P. ("LGP") is a leading private equity investment firm founded in 1989 and based in Los Angeles with over $75 billion of assets under management. The firm partners with experienced management teams and often with ...

WORTHINGTON, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- MedVet LLC, a leading provider of emergency and specialty veterinary care, today announced that it has received a minority capital investment from Leonard Green & Partners, L.P. (LGP) and a senior term loan from Oak Hill Advisors (OHA). Huntington Bank will continue to provide Treasury and cash management services. These investments will help MedVet accelerate its next stage of growth expanding delivery of specialty and emergency veterinary care, provide ...

ROCHELLE PARK, N.J., June 19, 2024 (GLOBE NEWSWIRE) -- ZRG, a global talent advisory firm, today announced that it has successfully secured $120 million in debt financing from Main Street Capital Corporation and its affiliates. This significant funding will bolster ZRG's growth initiatives and enhance its ability to deliver innovative talent solutions to clients worldwide. The $120 million debt financing follows closely on the heels of ZRG's recent equity raise managed by RFE Investment Partners, ZRG's prim ...

"We are excited to partner with Main Street Capital, as this strategic debt refinancing will provide ZRG with greater financial flexibility and a strong balance sheet, while serving as the catalyst to execute on the company's long-term growth plan," said Ron Ahuja, Principal of RFE Investment Partners. About ZRG RFE Investment Partners is a private equity firm focused on making control investments in established small market companies located in the U.S. RFE is a long-standing firm founded in 1980 with over ...

About Huntington SOURCE Huntington Bancshares Incorporated COLUMBUS, Ohio, June 18, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I NonCumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable September 3, 2024, to shareholders of record on August 15, 2024. Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $1 ...