Huntington Bancshares Posts $721 Million Q3 Net Income, Adjusted EPS Matches Estimates

Huntington Bancshares Inc. (HBAN) reported third-quarter net income of $721 million on Thursday, with adjusted earnings of 38 cents per share matching Wall Street expectations. The Columbus, Ohio-based regional bank holding company said GAAP earnings were 33 cents per share, adjusted for non-recurring costs. The average estimate of six analysts surveyed by Zacks Investment Research was also 38 cents per share. Revenue totaled $4.11 billion for the period. Revenue net of interest expense came in at $2.81 billion, missing Street forecasts of $2.82 billion from five analysts surveyed by Zacks.