Market Overview

UPDATE: Huntington Q1 Profit Drops 1%

Related HBAN
Miller Tabak Offers 'Optimistic Case' Scenario for Interest Rates Being Increased 2016
Keefe, Bruyette & Woods: Winners And Losers From Fed Stress Test

Huntington Bancshares (NASDAQ: HBAN) reported a 1% drop in its first quarter earnings.

Huntington's quarterly profit fell to $151.8 million, from $153.3 million, in the year-ago period. Its per-share earnings came in at $0.17 per share, versus analysts' estimates of $0.16 per share.

Its revenue fell 3.4% to $682.3 million, while noninterest income declined 12%.

Huntington shares closed at $7.22 yesterday.

Posted-In: profitEarnings News


Related Articles (HBAN)

Around the Web, We're Loving...