Huntington Bancshares higher after results

• Q4 net income of $164M or $0.19 per share vs. $159M and $0.18 one year ago.
• Net interest income of $473.3M up 10% Y/Y, with NIM of 3.18% down 10 basis points.
• Noninterest income of $233.3M down 7% Y/Y. Mortgage banking income of $14M down 42%.
• Noninterest expense of $483.3M up 8% Y/Y. Personnel costs of $263.3M up 6%. Professional services of $15.7M up 35%.
• Tier 1 common ratio of 10.23% down 67 bps from a year ago. 35.7M shares repurchased during 2014; 8.7M issued in Camco deal.
• 2015 guidance: Revenue growth is expected to exceed noninterest expense growth by 2-4%.
• Conference call at 10 ET
• Previously: Huntington Bancshares EPS in-line, misses on revenue (Jan. 22)
• HBAN +1.4% premarket