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Huntington Bancshares Incorporated Depositary Shares each representing a 1/40th interest in a share of 5.875% Series C Non-Cumulative Perpetual Preferred Stock
Prepared by Stephanie, Analyst at BAD BEAT Investing
Huntington Bancshares Incorporated (NASDAQ:HBAN) has just reported earnings, and in this column, we check back in with this sizable regional bank. The stock has been volatile but has been crushed along with so many other financials, especially along with other regional banks. We think at $8 a share, you have to hold your nose and buy. The price is attractive relative to book value, the dividend has been maintained and is yielding over 7%, and while the next two quarters will be tough on
Huntington Bancshares Incorporated Depositary Shares each representing a 1/40th interest in a share of 5.875% Series C Non-Cumulative Perpetual Preferred Stock