Huntington Bancshares Incorporated (HBAN) reported fourth-quarter net income of $163.6 million or $0.19 per share, compared to $158.2 million or $0.18 per share, prior year.
On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.19 for the quarter. Analysts' estimates typically exclude special items.
Fully-taxable equivalent (FTE) net interest income totalled $480.8 million, compared to $438.8 million, last year. Total noninterest income was $233.3 million, compared to $249.9 million. FTE revenue increased to $714.1 million from $688.7 million last year. Analysts expected revenue of $721.03 million for the quarter.
Huntington also announced that the Board declared a quarterly cash dividend on its common stock of $0.06 per common share. The dividend is payable April 1, 2015, to shareholders of record on March 18, 2015.
For comments and feedback contact: editorial@rttnews.com
Business News