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 2018 First Quarter Earnings

April 24, 2018 7:30 AM EDT

COLUMBUS, Ohio, April 24, 2018 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) reported net income for the 2018 first quarter of $326 million, an increase of $118 million from the year-ago quarter.  Earnings per common share for the 2018 first quarter were $0.28, up $0.11 from the year-ago quarter.  Tangible book value per common share as of 2018 first quarter-end was $7.12, a 9% year-over-year increase.  Return on average assets was 1.27%, and return on average common equity was 13.0%.

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