Huntington Bancshares Incorporated Reports 2016 Fourth Quarter Results Including 19% Increase in Net Income

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Go back to Huntington Bancshares Incorporated Reports 2016 Fourth Quarter Results Including 19% Increase in Net Income

Huntington Bancshares (HBAN) PT Raised to $16 at Bernstein

January 26, 2017 8:53 AM EST

Bernstein raised its price target on Huntington Bancshares (NASDAQ: HBAN) to $16.00 (from $14.00) while maintaining a Market Perform rating following a strong quarter.

Analyst Kevin St. Pierre is lowering 2017 EPS estimate modestly from $0.96 to $0.94 on lower fee revenues and higher near-term expenses,... More

Huntington Bancshares (HBAN) PT Raised to $15 at FBR Capital Following 4Q Report

January 25, 2017 3:13 PM EST

FBR Capital raised its price target on Huntington Bancshares (NASDAQ: HBAN) to $15.00 (from $14.00) while maintaining a Market Perform rating following the company's 4Q earnings report. FBR reported operating EPS of $0.24, $0.02 above consensus.

Analyst Bob Ramsey commented, "We reiterate our Market Perform rating on Huntington... More

Huntington Bancshares (HBAN) Tops Q4 EPS by 2c

January 25, 2017 7:34 AM EST

Huntington Bancshares (NASDAQ: HBAN) reported Q4 EPS of $0.24, $0.02 better than the analyst estimate of $0.22.

"We are very pleased with our strong close to 2016," said Steve Steinour, chairman, president and CEO. "2016 performance demonstrated continued progress toward achieving our long-term financial goals. We delivered positive operating leverage for the fourth consecutive year. We also executed our balance sheet optimization strategy, in which we chose to shrink the balance sheet in order to replenish... More