Huntington Bancshares declared cash dividends on its Series I Preferred Stock, and had shares sold by Forsta AP Fonden and by Lloyd Advisory Services LLC. The bank reported outperforming its competitors despite daily losses and presented its growth strategy at the Barclays Conference. It also reported Q2 earnings beat and named Timothy Miller as the Chief Communications Officer.
The bank's stock position was also increased by numerous bodies, one notable being Andra AP fonden. However, some notable; namely Federated Hermes Inc. and Los Angeles Capital Managemen LLC, reduced their ownership. The bank's Net Interest Income forecast resulted in a stock slump and its NII also dropped following Q2 earnings.
Huntington showed signs of growth, especially with posts of strong Q2 results as loans and deposits increased. The bank announced a 20-year partnership with the Cleveland Browns including stadium naming rights and planned to present at the 2024 Barclays Global Financial Services Conference.
Some insider sales occurred, notably, CFO Zachary Wasserman sold 33,000 of Huntington Bancshares. Over time Huntington's stock had some fluctuations undergoing a series of upgrades and downgrades along with an increasedRelative Strength Rating.
Huntington Bancshares HBAN News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 15 Sep 2024 12:04:59 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor -3
