Huntington Bancshares Incorporated (NASDAQ:HBAN) announced a quarterly dividend on Thursday, October 24th, RTT News reports. Stockholders of record on Wednesday, December 18th will be paid a dividend of 0.15 per share by the bank on Thursday, January 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.23%.
Shares of HBAN traded down $0.28 during trading hours on Thursday, reaching $14.19. 264,521 shares of the company’s stock traded hands, compared to its average volume of 6,487,106. The stock has a market cap of $14.98 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 2.09 and a beta of 1.45. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.86. The firm’s 50 day simple moving average is $14.11 and its 200-day simple moving average is $13.61. Huntington Bancshares has a 12 month low of $11.12 and a 12 month high of $14.97.
Huntington Bancshares (NASDAQ:HBAN) last issued its quarterly earnings results on Thursday, July 25th. The bank reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.18 billion. Huntington Bancshares had a return on equity of 14.23% and a net margin of 25.77%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the company posted $0.30 EPS. As a group, analysts expect that Huntington Bancshares will post 1.31 earnings per share for the current fiscal year.
In related news, EVP Nancy E. Maloney sold 2,604 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $14.57, for a total transaction of $37,940.28. Following the transaction, the executive vice president now directly owns 80,103 shares of the company’s stock, valued at approximately $1,167,100.71. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.22% of the company’s stock.
Huntington Bancshares Company Profile
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company operates through four business segments: Consumer and Business Banking, Commercial Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG).
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