|Bid||0.00 x 27000|
|Ask||0.00 x 38500|
|Day's Range||14.27 - 14.42|
|52 Week Range||11.12 - 14.97|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||11.40|
|Forward Dividend & Yield||0.60 (4.23%)|
|1y Target Est||N/A|
While Ameriprise (AMP) is likely to have witnessed growth in assets in third-quarter 2019, thereby aiding its top line, higher costs might have hurt earnings.
Investor sentiment upbeat on banks' Q3 earnings, with the major players displaying top-line strength on the back of higher fee income and loan growth.
In a cost-cutting move, Huntington Bank says it will eliminate some jobs. Columbus-based Huntington (NASDAQ: HBAN) said in a statement that the "rapidly changing interest rate environment" would lead to layoffs. The Columbus Dispatch reported the cuts would affect 150 to 200 employees.
Huntington Bancshares (HBAN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Citizens Financial's (CFG) Q3 results are likely to reflect slight rise in interest income and higher fee income. However, expenses are expected to have increased.
Huntington National Bank is far and away the dominant Small Business Administration lender to businesses in Greater Cincinnati, but its lead over the others has narrowed a bit.
While People's United's (PBCT) Q3 revenues and earnings are likely to have risen year over year, escalating expenses might have impeded revenue growth to some extent.
M&T Bank's (MTB) third-quarter 2019 results, slated for release on Oct 17, are expected to reflect benefits from an improved fee income scenario.
In a reversal in trend, Wells Fargo's (WFC) mortgage banking performance is projected to have improved in the July-September quarter. However, ongoing litigation hassles may escalate the bank's expenses.
Steve Steinour became the CEO of Huntington Bancshares Incorporated (NASDAQ:HBAN) in 2009. This report will, first...
Huntington Bank remains the dominant originator of Small Business Administration 7(a) loans nationwide for the second year in a row.
Though Huntington (HBAN) appears to be a promising bet at the moment, riding on robust fundamentals and long-term growth opportunities, rising expenses remains a concern.