- KBW cuts Huntington Bancshares (HBAN -1.1%) to Market Perform from Outperform. Details aren't available, but Huntington reported Q1 two days ago, and - like the rest of the regional banks - showed slimming net interest margins and sluggish loan growth.
- In the past, sizable share repurchases or industry consolidation might have been solutions to a slow growth environment, but the D.C. regulatory regime has kind of put a lid on both.
- Previously: Slimming margins at Huntington Bancshares (April 22)
Huntington Bancshares gives more ground after downgrade
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Symbol | Last Price | % Chg |
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HBAN | - | - |
Huntington Bancshares Incorporated |