- "We continue to implement revenue synergies that were not included in the original FirstMerit financial model," says CEO Steve Steinour. In particular, he says, there looks to be a better-than-hoped boost in SBA lending thanks to the bank's now-expanded footprint.
- Acquisition-related expense remain inline with expectations and guidance. Among the big drivers of Huntington's (HBAN +3.5%) organic growth during Q3 were auto and mortgage lending.
- Earnings call presentation slides
- Previously: Huntington Bancshares beats by $0.01, beats on revenue (Oct. 26)
Huntington Bancshares +3.5% post-earnings as FirstMerit purchase absorbed
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Symbol | Last Price | % Chg |
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HBAN | - | - |
Huntington Bancshares Incorporated |