COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Huntington Bancshares Inc. (HBAN) on Friday reported first-quarter net income of $419 million.
The Columbus, Ohio-based bank said it had earnings of 26 cents per share. Earnings, adjusted for non-recurring costs, were 28 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
The regional bank holding company posted revenue of $2.85 billion in the period. Its revenue net of interest expense was $1.77 billion, also beating Street forecasts. Seven analysts surveyed by Zacks expected $1.74 billion.
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