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Stock impact report

Huntington Bancshares: It Wasn't 'That Bad' [Seeking Alpha]

Huntington Bancshares Incorporated (HBAN) 
Last huntington bancshares incorporated earnings: 4/23 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: huntington-ir.com
Company Research Source: Seeking Alpha
Summary Huntington Bancshares has just reported earnings, and the stock is getting hit hard. This powerful regional bank did have a record 2019 despite entering the year expecting rate increases and instead contending with cuts. While the company missed estimates, the results showed some strength in key metrics. Let shares come down and investors can consider doing some buying here. Huntington Bancshares Incorporated (NASDAQ: HBAN Revenue strength Just a cursory glance at share prices shows stock has followed a path similar to that of other regional and major banks. They rallied hard from the doldrums in the fall of 2019. The bank is dealing with a tougher operating environment than it was just a year ago, and some of this was reflected in the results. Thanks to continued loan growth and improving asset quality, some key acquisitions, and of course, rising interest rates over the years, the bank had seen revenues continue to reach all-time highs. In Q4, the company reported a top line Show less Read more
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