UPDATE: Huntington Q1 Profit Drops 1%

Huntington Bancshares 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.