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Huntington Bancshares Incorporated (HBAN) said the company expects full-year 2021 revenue to increase approximately 1% to 3%. Full-year noninterest expense is expected to increase approximately 3% to 5%.


RTTNews | Jan 22, 2021 07:44AM EST

07:44 Friday, January 22, 2021 (RTTNews.com) - Huntington Bancshares Incorporated (HBAN) said the company expects full-year 2021 revenue to increase approximately 1% to 3%. Full-year noninterest expense is expected to increase approximately 3% to 5%.

For 2021, the company projects average loans and leases to increase approximately 2% to 4% on an annual basis. Average total deposits are projected to increase approximately 5% to 7% on an annual basis.

The company also announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.15 per common share, unchanged from the prior quarter. The common stock cash dividend is payable April 1, 2021, to shareholders of record on March 18, 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3162579/huntington-bancshares-issues-revenue-outlook-declares-dividend.aspx)

For comments and feedback: contact editorial@rttnews.com

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