Huntington (HBAN) Q1 Earnings & Revenues Beat, Costs Rise Y/Y
Huntington(HBAN) Zacks Investment Research·2024-04-19 15:21Huntington Bancshares Incorporated (HBAN) has reported first-quarter 2024 adjusted earnings per share of 28 cents (excluding FDIC Deposit Insurance Fund special assessment), surpassing the Zacks Consensus Estimate of 25 cents. In the prior-year quarter, the company reported earnings per share of 39 cents.Results have reflected improvements in average loans and deposits. However, a fall in net interest income (NII) and elevated expenses were headwinds.The company has reported a net income applicable to commo ...