Capital markets and advisory fees jumped 50%, while wealth and asset management revenue rose 18%, Huntington said. Net interest income (NII) - the spread...
- Huntington Bancshares ' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger deposit costs.
Net interest income - the spread between earnings on loans and deposit costs - dipped 1% to $1.35 billion, but was 3% higher than the second quarter. Huntington forecast fourth-quarter NII to be flat or up 1% from last year. Analysts polled by LSEG had expected a rise of 3.9%."Loan pipelines are robust as we enter the fourth quarter, and we believe this growth momentum establishes a foundation for growing revenue and expanded profitability heading into 2025," Steinour said.
Fight Club pushed buttons when it first arrived in 1999 and has continued to push them for a quarter of a century. Why is this Brad Pitt movie so controversial?We came across a bullish thesis on Warrior Met Coal, Inc. a Substack page called “Undervalued and undercovered” by Hugo Navarro. In this article, we will summarize the bull’s thesis on HCC. HCC shares were trading at $64.74 as of Oct 16th.
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