earnings
confidence high
sentiment positive
materiality 0.70
Huntington Q4 EPS $0.34, Net Interest Income up 6% YoY, Record Fee Income
HUNTINGTON BANCSHARES INC /MD/
2024-FY EPS reported
$1.22
revenue$1,468,000,000
- Diluted EPS $0.34, up $0.01 QoQ and $0.19 YoY; net income $530M.
- Net interest income $1,395M, up 3% QoQ and 6% YoY; NIM 3.03% (up 5bp QoQ).
- Noninterest income $559M (record), up 7% QoQ; capital markets fees up 54% QoQ.
- Average loans and leases $128.2B, up 3% QoQ and 6% YoY; commercial loans drove growth.
- Net charge-offs 0.30% stable; CET1 ratio 10.5%; tangible book value $8.33/share.