Huntington Bancshares (HBAN) Reports In-Line Q1 EPS

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Go back to Huntington Bancshares (HBAN) Reports In-Line Q1 EPS

Huntington Bancshares Incorporated Reports 2017 First Quarter Earnings

April 19, 2017 7:30 AM EDT

COLUMBUS, Ohio, April 19, 2017 /PRNewswire/ -- Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) reported net income for the 2017 first quarter of $208 million, a $37 million, or 21%, increase from the year-ago quarter.  Earnings per common share for the 2017 first quarter were $0.17, down $0.03, or 15%, from the year-ago quarter.  Excluding approximately $71 million pretax, or $0.04 per common share after tax, of FirstMerit acquisition-related net expenses, adjusted earnings per common share were $0.21.  Tangible book value per share as of 2017 first quarter-end was $6.55, an 8% year-over-year decrease but a 2% increase from 2016 year-end.  Return on... More