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More on Huntington Bancshares (HBAN) Q1 earnings: Net interest income of $8.9M, up 2% Y/Y - net...

More on Huntington Bancshares (HBAN) Q1 earnings: Net interest income of $8.9M, up 2% Y/Y - net interest margin of 3.42%, up 2 bps from a year ago. Noninterest income of $33.1M, off 12% Y/Y thanks to a $24.2M decrease in gain on sale of loans. Noninterest expense of $19.9M, off 4% Y/Y. Board approves quarterly dividend increase of 25% to $0.05, and $227M share repurchase, a 25% increase from the recently completed authorization. Tangible book value/share of $5.91, up from $5.78 in Q4, $5.71 a year ago. Shares -1.4% premarket. (PR)

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