A rise in NII and fee income, along with solid loan and deposit balances, supports HBAN's Q1 earnings.
Huntington Bancshares Incorporated offers a strong buy for income, with a 4.7% yield; consider scaling in from $13 down to $12. Q1 net income was $527 million, up 26% year-over-year, with adjusted EPS of $0.34, reflecting solid financial health. Loans and deposits grew by 2% and 1% sequentially, respectively, with the net interest margin increasing to 3.10%, showcasing robust operational performance.
Huntington Bancshares (HBAN) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago.
HBAN's first-quarter 2025 results are likely to have been impacted by a decline in fee income and a rise in expenses.
Get a deeper insight into the potential performance of Huntington Bancshares (HBAN) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Huntington Bancshares (HBAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Huntington Bancshares' high median net interest margin of 3.1% outperforms competitors. The bank has a low NPL ratio, indicating effective credit risk management and a healthy loan portfolio. The historical loan-to-deposit ratio implies a solid funding profile.
HBAN's strategic initiatives position it well for long-term growth while rising expenses are concerning. Is the stock worth investing in now?
Huntington Bank CEO Stephen Steinour joins Catalysts to discuss his outlook on the company following its investor day. Steinour highlights the company's performance in 2024, noting, "We came into this year with a lot of momentum.
Does Huntington Bancshares (HBAN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Huntington Bancshares Incorporated (NASDAQ:HBAN ) Q4 2024 Earnings Conference Call January 17, 2025 9:00 AM ET Company Participants Tim Sedabres - Director, IR Steve Steinour - Chairman, President and CEO Zach Wasserman - CFO Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore Ebrahim Poonawala - Bank of America Brian Foran - Truist Jon Arfstrom - RBC Capital Markets Nathan Stein - Deutsche Bank Erika Najarian - UBS Operator Greetings, and welcome to the Huntington Bancshares Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
A rise in NII and fee income, along with solid loan and deposit balances, supports HBAN's Q4 earnings.