New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 16, 2014
09:48 EDTHBANHuntington Bancshares sees continued downward pressure on FY NIM
Says economic uncertainty remains a hurdle to solid loan growth and competitiveness of the market is intense. Says interest income expected to moderately grow. Anticipates an increase in earning assets as total loans moderately grow and investment securities remain near current levels. Says FY NIM will experience continued downward pressure due to competitive loan pricing and growth in investment securities. Excluding the impact of net MSR activity, noninterest income is expected to be slightly lower than recent levels. Expenses, excluding the significant items, are expected to remain near current levels. Says committed to delivering positive operating leverage for FY14. Comments from slides that will be presented on the Q4 earnings conference call.
News For HBAN From The Last 14 Days
Check below for free stories on HBAN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 22, 2014
05:42 EDTHBANHuntington Bancshares upgraded to Outperform at Keefe Bruyette
Keefe Brunette upgraded Huntington Bancshares to Outperform citing strong loan growth and an inexpensive relative valuation following the company's Q2 results. The firm raised its price target for shares to $11.50 from $10.
July 21, 2014
14:22 EDTHBANHuntington Bancshares upgraded to Sector Perform from Underperform at Portales
July 18, 2014
10:54 EDTHBANHuntington Bancshares says committed to returning capital to shareholders
10:21 EDTHBANHuntington Bancshares says committed to positive operating leverage for FY14
Subscribe for More Information
09:24 EDTHBANOn The Fly: Pre-market Movers
Subscribe for More Information
09:16 EDTHBANHuntington Bancshares says net interest income expected to grow modestly
Anticipates an increase in earning assets as total loans grow moderately and investment securities grow modestly. Says NIM will experience continued downward pressure. Excluding the impact of net MSR activity, noninterest income is expected to remain near the current quarter’s level. Says continued refinement of consumer checking products under its Fair Play philosophy is expected to have a negative quarterly impact on noninterest income of $6M beginning in July. Committed to delivering positive operating leverage for FY14. Noninterest expense, excluding one-time items, is expected to remain near the current quarter’s reported level. Says will continue to look for ways to reduce expenses. Sees continued performance of NCOs in or below long-term expected range of 35-55bps. Sees "moderate" quarterly volatility in credit quality. Sees improvement in NPAs. Says residential mortgages, home equity, and CRE are expected to grow modestly. Comments from slides that will be presented on the Q2 earnings conference call.
05:59 EDTHBANHuntington Bancshares reports Q2 EPS 19c, consensus 18c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use