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