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Huntington Bancshares Inc. (HBAN) announced a profit for fourth quarter that dropped from the same period last year.


RTTNews | Jan 22, 2021 07:07AM EST

07:06 Friday, January 22, 2021 (RTTNews.com) - Huntington Bancshares Inc. (HBAN) announced a profit for fourth quarter that dropped from the same period last year.

The company's bottom line came in at $316 million, or $0.27 per share. This compares with $317 million, or $0.28 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.9% to $1.24 billion from $1.16 billion last year.

Huntington Bancshares Inc. earnings at a glance:

-Earnings (Q4): $316 Mln. vs. $317 Mln. last year.-EPS (Q4): $0.27 vs. $0.28 last year.-Analysts Estimate: $0.29-Revenue (Q4): $1.24 Bln vs. $1.16 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3162563/huntington-bancshares-inc-q4-income-drops.aspx)

For comments and feedback: contact editorial@rttnews.com

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