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HU3 - Huntington Bancshares Inc News Story

€7.7 -0.3  -3.8%

Last Trade - 22/09/20

Sector
Financials
Size
Large Cap
Market Cap £7.27bn
Enterprise Value £15.32bn
Revenue £3.65bn
Position in Universe 118th / 1041

BRIEF-Huntington Bancshares reports Q3 earnings $0.18/shr

Thu 22nd October, 2015 11:55am
Oct 22 (Reuters) - Huntington Bancshares Inc  HBAN.O : 
 * Reports 2015 third quarter earnings including 5% revenue growth and announces 
   17% increase in quarterly cash dividend 
 * Q3 earnings per share $0.18 
 * Q3 earnings per share view $0.21 -- Thomson Reuters I/B/E/S 
 * Tangible common equity to tangible assets ratio was 7.89% at September 30, 
   2015, down 46 basis points from a year ago 
 * Q3 provision for credit losses $22.5 million versus $24.5 million last year 
 * Q3 net charge-offs $16.2 million versus $30.0 million last year 
 * Q3 fully taxable equivalent (fte) net interest income $503.6 million versus 
   $473.8 million 
 * On a Basel III basis, common equity tier 1 (cet1) risk-based capital ratio 
   was 9.72% at September 30 versus 9.65 percent at end of June 30 
 * Sees Q4 2015 noninterest expense, excluding items, will remain consistent 
   with the 2015 q2,q3 adjusted noninterest expense levels 
 
  Source text for Eikon  urn:newsml:reuters.com:*:nMKWX1YCXa 
  Further company coverage  HBAN.O  ((Bengaluru Newsroom; +1 646 223 8780))
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