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Fly News Breaks for April 22, 2015
HBAN
Apr 22, 2015 | 10:21 EDT
Says committed to "smart, accretive" acquisitions. Says focused on managing expenses to attain positive operating leverage for the year. Says "optimistic" about ongoing economic improvement in footprint, on national level. Says loan pipelines are strong, will be selective in growing commercial real estate portfolio. Says execution of goals not dependent on interest rate increase. Says NIM pressure to remain headwind until interest rates start moving up. Comments made on the Q1 earnings conference call. Huntington Bancshares is down 1.88% to $10.96 in morning trading.
News For HBAN From the Last 2 Days
HBAN
Apr 19, 2024 | 09:08 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Paramount (PARA)... To see the rest of the story go to thefly.com. See Story Here
HBAN
Apr 19, 2024 | 08:17 EDT
Sees FY24 average loans up 3%-5%. Sees FY24 average deposits up 2%-4%. Sees FY24 noninterest income up 5%-7%. Sees FY24 noninterest expense up 4.5%. Sees FY24 net charge-offs 25-35 basis points. Sees FY24 effective tax rate 19%. Says believes there will eventually be rate cuts. Sees Q1 as trough for net interest income. Comments and guidance taken from Q1 earnings conference call.