| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 353MM | +4% |
| Operating Income | 247MM | -64% |
| Operating Expenses | 1.3B | +24% |
| Net Income | 243MM | -56% |
| Compensation | 645MM | +4% |
| Professional Service | 15MM | -44% |
| Amortization | 5MM | -58% |
| Interest Expense | 1B | +9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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In this piece, we will take a look at the 20 most profitable banks in the US in 2024. If you want to skip our coverage of the latest news in the US banking industry, then you can take a look at the 5 Most Profitable Banks in the US in 2024. The US banking […]
Huntington Bancshares ( NASDAQ:HBAN ) First Quarter 2024 Results Key Financial Results Revenue: US$1.65b (down 10% from...
Higher-for-longer interest rates are continuing to weigh on Main Street banks. Regional banks posted steep profit declines in the first quarter and predicted more pain ahead. The results underscore the uneven toll that two years of higher interest rates have taken on regional banks, which tend to have plain-vanilla businesses taking in deposits and making loans.
Huntington Bancshares Incorporated (NASDAQ:HBAN) Q1 2024 Earnings Call Transcript April 19, 2024 Huntington Bancshares Incorporated beats earnings expectations. Reported EPS is $0.28, expectations were $0.25. HBAN isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and welcome to the Huntington […]
Discover how Huntington Bancshares Inc (HBAN) is navigating the financial landscape with its latest quarterly results and strategic initiatives.
Q1 2024 Huntington Bancshares Inc Earnings Call
At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable July 1, 2024, to shareholders of record on June 17, 2024.
Huntington's (HBAN) Q1 earnings beat estimates on improvements in average loans and deposits. However, lower NII and a y/y rise in expenses are concerning.
A fifth day of regional bank earnings showed more pain from higher interest rates, even at larger institutions. + Net income slid 42% at **Regions Financial** to $343 million, which amounted to 37 cents a share.