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home / news releases / HBANP - Huntington Bancshares: Big Improvements In Q2 52-Week Highs


HBANP - Huntington Bancshares: Big Improvements In Q2 52-Week Highs

2024-07-19 12:11:42 ET

Summary

  • Huntington Bancshares Incorporated exceeded Q2 earnings expectations with a net income of $474 million.
  • Loans and deposits continue to grow, with average total deposits increasing by $2.9 billion.
  • Asset quality metrics for Huntington Bancshares are mixed, with net charge-offs improving but nonperforming assets to total assets rising.
  • We look at what can drive Huntington Bancshares shares even higher.
  • A better price will present itself.

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For further details see:

Huntington Bancshares: Big Improvements In Q2, 52-Week Highs
Stock Information

Company Name: Huntington Bancshares Incorporated Depositary Shares 4.500% Series H Non-Cumulative Perpetual Preferred Stock
Stock Symbol: HBANP
Market: NASDAQ
Website: huntington.com

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