Published on 19 Apr 2024 on Zacks via Yahoo Finance
Huntington Bancshares Incorporated HBAN has reported first-quarter 2024 adjusted earnings per share of 28 cents (excluding FDIC Deposit Insurance Fund special assessment), surpassing the Zacks Consensus Estimate of 25 cents. In the prior-year quarter, the company reported earnings per share of 39 cents.
Results have reflected improvements in average loans and deposits. However, a fall in net interest income (NII) and elevated expenses were headwinds.