- Zacks
Huntington (HBAN) Plunges 6.1% as 2024 NII Guidance Lowered
Huntington (HBAN) trims 2024 NII projection. The change in guidance is due to weaker loan growth and increased funding costs linked with strong deposit growth.
- Barrons.com
Regional Bank Stocks Slammed After Huntington Lowers Guidance
Huntington Bancshares said in a presentation to investors that it expected net interest income to fall 1% to 4% this year.
- Benzinga
Market Stays Flat As Investors Anticipate Key Economic Events; Energy Stocks Lead Gains, Regional Banks Decline: What's Driving Markets Monday?
Wall Street is experiencing a quiet trading session on Monday, with major indices showing little movement by midday in New York, as traders maintain a cautious stance ahead of the highly anticipated inflation report and Fed meeting this Wednesday. U.S. stocks have erased early session losses sparked by rising volatility in Europe after the latest Parliamentary elections revealed increased support for far-right parties and Emmanuel Macron’s surprising call for snap elections in France. The S&P 50
