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COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Huntington Bancshares Inc. (HBAN) on Friday reported fourth-quarter profit of $531 million.
The Columbus, Ohio-based bank said it had earnings of 34 cents per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The regional bank holding company posted revenue of $3.07 billion in the period. Its revenue net of interest expense was $1.97 billion, also topping Street forecasts. Six analysts surveyed by Zacks expected $1.9 billion.
For the year, the company reported profit of $1.94 billion, or $1.22 per share. Revenue was reported as $7.44 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBAN at https://www.zacks.com/ap/HBAN