Categories Earnings, Finance

Earnings Summary: Highlights of Huntington Bancshares (HBAN) Q2 results

Bank holding company Huntington Bancshares (NASDAQ: HBAN) announced second-quarter 2023 financial results, reporting an increase in revenues.

  • Net earnings, on a per-share basis, remained unchanged at $0.35 during the three-month period
  • Net income attributable to Huntington was $559 million, which is 4% higher than the profit reported last year
  • Net interest income increased 7% annually to $1.35 billion, while total revenues moved up 6% YoY to $1.85 billion
  • At $495 million, non-interest income was up 2%; net interest margin declined to 3.11% from 3.15% last year

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Target (TGT): A look at some of the challenges faced by the retailer in 3Q24

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top