Huntington Bancshares (HBAN) Raises Quarterly Dividend 16.7% to $0.07; 2.6% Yield
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Huntington Bancshares Incorporated Reports 2015 Third Quarter Earnings Including 5% Revenue Growth and Announces 17% Increase in Quarterly Cash Dividend
October 22, 2015 6:55 AM EDTCOLUMBUS, OH -- (Marketwired) -- 10/22/15 -- Huntington Bancshares Incorporated (NASDAQ: HBAN) (www.huntington.com) reported net income for the 2015 third quarter of $152.6 million, or a $2.4 million decrease from the year-ago quarter. Earnings per common share for the 2015 third quarter were $0.18, unchanged from the year-ago quarter. Return on average assets was 0.87%, while return on average tangible common equity was 10.7%. Total revenue increased 5% over the year-ago quarter.
"Our fundamentals remain solid as a result of our strategic investments, innovative products, and improved sales management... More
