UPDATE: Huntington Bancshares Q4 Net Income Rises 3.2%

Huntington Bancshares Inc (NASDAQ: HBAN) reported a 3.2% rise in its fourth-quarter earnings.

Huntington's loan-loss provisions dropped to $45.3 million, versus $87 million, in the year-ago period.

Huntington's quarterly profit rose to $126.9 million, from $122.9 million. Its per-share earnings gained to $0.14 from $0.05.

Huntington's revenue fell 5.2% to $644.4 million. However, analysts were expecting earnings of $0.14 per share on revenue of $653 million.

Huntington shares closed at $6.03 yesterday.