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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What To Expect From Huntington Bancshares’ Report

Columbus, Ohio-based Huntington Bancshares Incorporated (HBAN) is a multi-state diversified regional bank holding company for the Huntington National Bank. Valued at $25.9 billion by market cap, Huntington provides commercial, consumer, and mortgage banking services, offering various financial products to corporations and individuals.

The banking major is expected to announce its fourth-quarter results before the market opens on Friday, Jan. 16. Ahead of the event, analysts expect HBAN to report an adjusted profit of $0.40 per share, up 17.7% from $0.34 per share reported in the year-ago quarter. Further, the company has a robust earnings surprise history. It has met or surpassed the Street’s bottom-line estimates in each of the past four quarters.

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