Huntington Bancshares declared a series of quarterly cash dividends while reporting adjusted earnings per share of $0.32 for the first quarter of 2022, slightly beating analyst expectations. The bank's total revenues increased by 20% year over year, reaching $1.65 billion, yet it also faced challenges with rising non-interest expenses and declining earnings compared to the previous year. With analysts predicting further earnings downturns, Huntington is navigating a complex financial environment while planning its acquisition of Capstone Partners.
“Huntington Bancshares · is listed on · NASDAQ · HBAN”
“Huntington Bancshares · held a earnings call on · April 21, 2022 · 9:00 a.m. ET”
“Huntington Bancshares Incorporated · declared · quarterly cash dividend on common stock · $0.155 per common share”
“Huntington Bancshares Incorporated · declared · quarterly cash dividend on Floating Rate Series B Non-Cumulative Perpetual Preferred Stock · $9.36072535 per share”
“Huntington Bancshares Incorporated · declared · quarterly cash dividend on 5.70% Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock · $1,425.00 per share”
“Huntington Bancshares Incorporated · declared · quarterly cash dividend on 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock · $1,406.25 per share”
“Huntington Bancshares Incorporated · declared · quarterly cash dividend on 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock · $1,112.50 per share”
“Huntington Bancshares Incorporated · declared · quarterly cash dividend on 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock · $11.25 per share”
“Huntington Bancshares Incorporated · is headquartered in · Columbus, Ohio”
“Huntington Bancshares Incorporated · is a · regional bank holding company · $177 billion asset”
“Huntington Bancshares Incorporated · operates more than · 1,000 branches · in 11 states”
“Huntington Bancshares Incorporated · has reported · first-quarter 2022 adjusted earnings per share · 32 cents”