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Barchart
Sohini Mondal

What to Expect From Huntington Bancshares’ Next Quarterly Earnings Report

Huntington Huntington Bancshares HBAN

Valued at a market cap of $20.6 billion, Huntington Bancshares Incorporated (HBAN) provides commercial, consumer, and mortgage banking services. The Columbus, Ohio-based company also provides a comprehensive suite of payments, wealth management, and risk management products and services. It is expected to announce its fiscal Q3 earnings results on Friday, Oct. 18. 

Ahead of the event, analysts project the bank holding company to report a profit of $0.30 per share, a decline of 16.7% from $0.36 per share in the year-ago quarter. However, the company has consistently surpassed Wall Street's bottom-line estimates in the last four quarters. In Q2, the company topped the consensus estimates by 7.1%. 

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