Huntington Bancshares (HBAN) Tops Q4 EPS by 3c
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HUNTINGTON BANCSHARES INCORPORATED REPORTS 2022 FOURTH-QUARTER EARNINGS
January 20, 2023 7:00 AM ESTDelivers Record Full-Year Net Income and Achievement of Medium-Term Financial Targets
2022 Fourth-Quarter Highlights:
Earnings per common share (EPS) for the quarter were $0.42, an increase of $0.03 from the prior quarter. Excluding the after tax impact of Notable Items, adjusted earnings per common share were $0.43.Net interest income increased $58 million, or 4%, from the prior quarter, reflecting net interest margin expansion of 10 basis points to 3.52% and higher average total loans and leases.Pre-Provision Net Revenue (PPNR) increased $36 million, or 4%, from the prior quarter to $893 million. Excluding Notable... More