Huntington Bancshares Posts $680M Q3 Profit as Revenue Jumps 30.8% to $2.791B
IMP6.0
SNT+0.6▲
CONF95%
Huntington Bancshares Inc. (HBAN) reported third-quarter earnings of $680 million, or $0.33 per share, up from $602 million, or $0.41 per share, a year earlier. Excluding items, the bank posted adjusted earnings of $843 million, or $0.39 per share. Revenue rose 30.8% to $2.791 billion from $2.134 billion last year. The per-share decline reflects a higher share count following the company's expansion, while the revenue jump signals stronger top-line momentum.
ByTicklex Editorial