Huntington Bancshares: Q2 Earnings Snapshot

July 21, 2022 GMT

COLUMBUS, Ohio (AP) _ Huntington Bancshares Inc. (HBAN) on Thursday reported second-quarter net income of $539 million, after reporting a loss in the same period a year earlier.

The bank, based in Columbus, Ohio, said it had earnings of 35 cents per share. Earnings, adjusted for non-recurring costs, came to 36 cents per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The regional bank holding company posted revenue of $1.82 billion in the period. Its revenue net of interest expense was $1.75 billion, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.7 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBAN at https://www.zacks.com/ap/HBAN