Huntington Bancshares Incorporated Reports 2016 Third Quarter Earnings
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Huntington Bancshares (HBAN) Tops Q3 EPS by 1c
October 26, 2016 7:34 AM EDTHuntington Bancshares (NASDAQ: HBAN) reported Q3 EPS of $0.22, ex-items, $0.01 better than the analyst estimate of $0.21.
"We are very excited about the third-quarter acquisition of FirstMerit, which has strengthened the return profile of the company," said Steve Steinour, chairman, president and CEO. "We delivered solid core fundamental performance for the quarter. Acquisition-related expenses continue to be in line with our expectations and guidance. Auto and mortgage lending were among the significant drivers of organic loan growth during the quarter, complemented by acquisition-related... More
