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I just bought another batch of $HBAN shares, way over sold today. 4% dividend and 7.5% off in the morning trades, is too tasty to pass up
$HBAN up another 2.9% just today. Happy with the timely share buy I made Jan 21, 2022
I just bought back in $HBAN on this dip today. Going to start accumulating on the dips. The dividend and market timing looks near perfect now. Near 4% dividend on the morning pull back. And bank stocks are in a new up trend thanks the FED.
2021 Fourth-Quarter Highlights out this morning:
Earnings per common share (EPS) for the quarter were $0.26, a decrease of $0.01 year-over-year. Excluding $0.10 per common share after tax of Notable Items, adjusted earnings per common share were $0.36.
Executed on revenue initiatives to drive top-line growth.
Noninterest expense decreased $68 million from the third quarter, or 5% to $1.2 billion. Excluding Notable Items, noninterest expense decreased $21 million, or 2%, reflecting realization of cost synergies related to the TCF acquisition.
Completed TCF integration; branch and major systems conversions completed in mid-October; have converted more than 1.5 million customers to the Huntington platform and consolidated 188 branches since mid-June.
Period-end total loans and leases increased $1.4 billion, or 1%, to $111.9 billion. Excluding the decrease in PPP loans, which included forgiveness payments from the US Small Business Administration (SBA) for $970 million, period-end total loans and leases increased $2.4 billion, or 2%.
Period-end total commercial loans increased $1.5 billion, or 3%, to $61.6 billion. Excluding the decrease in PPP loans, period-end total commercial loans increased $2.5 billion or 4%.
Repurchased $150 million of common stock during the fourth quarter; $150 million remaining under the existing $800 million repurchase authorization.
Increased the quarterly common stock dividend by a half-cent to $0.155 per common share, or $0.62 on an annualized basis.
2021 Full-Year Highlights Compared to Full-Year 2020:
Total full-year revenue increased 24% to a record $6.0 billion, driven from the benefits of the TCF acquisition and organic growth.
Net income attributable to Huntington Bancshares Incorporated increased 59% to $1.3 billion.
Average loans and leases increased 22% to $97.0 billion.
Completed the acquisition and integration of TCF, adding approximately $50 billion of total assets, creating a top 10 regional bank.
Launched new and exciting products and services, including Standby Cash and Early Pay.
Maintained solid credit quality with net charge-offs of 0.22%.
Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income for the 2021 fourth quarter of $401 million, an increase of $85 million from the year-ago quarter, impacted by the TCF acquisition. Earnings per common share for the 2021 fourth quarter were $0.26, down $0.01 from the year-ago quarter. Excluding $0.10 per common share after tax of Notable Items, adjusted earnings per common share were $0.36. Specifically, fourth-quarter results were negatively impacted by $177 million pretax of TCF acquisition-related expenses and $10 million pretax of expenses related to the exit of a strategic distribution relationship.
Return on average assets was 0.92%, return on average common equity was 8.7%, return on average tangible common equity was 13.2%, and adjusted return on average tangible common equity was 18.2%.
CEO Commentary:
"We are very pleased with our performance for the full year, which included record revenue," said Steve Steinour, chairman, president and CEO. "Thanks to the efforts of our colleagues, we successfully executed on the largest acquisition in our history, while delivering continued organic growth aligned with our strategic objectives."
"We delivered in the fourth quarter, finishing the year with record quarterly loan production, reflecting broad-based contributions across all commercial lending categories." said Steinour. "We enter 2022 increasingly confident in our outlook for growth in revenue and earnings. Commercial lending should fuel balance sheet growth in the coming year, while areas of strategic focus such as capital markets, cards and payments, and wealth management should bolster fee income. We remain committed to delivering sustainable revenue growth, annual positive operating leverage, and top-quartile returns."
The fourth quarter 2021 earnings materials, including the detailed earnings press release, quarterly financial supplement, and conference call slide presentation, are available on the Investor Relations section of Huntington's website, http://huntington.com/ In addition, the financial results will be furnished on a Form 8-K that will be available on the Securities and Exchange Commission website at www.sec.gov.
Conference Call / Webcast Information
Huntington's senior management will host an earnings conference call on January 21, 2022, at 8:30 a.m. (Eastern Time). The call may be accessed via a live Internet webcast at the Investor Relations section of Huntington's website, www.huntington.com, or through a dial-in telephone number at (877) 407-8029; Conference ID #13725942. Slides will be available in the Investor Relations section of Huntington's website about an hour prior to the call. A replay of the webcast will be archived in the Investor Relations section of Huntington's website. A telephone replay will be available approximately two hours after the completion of the call through January 28, 2022 at (877) 660-6853 or (201) 612-7415; conference ID #13725942.
Please see the 2021 Fourth Quarter Quarterly Financial Supplement for additional detailed financial performance metrics. This document can be found on the Investor Relations section of Huntington's website, http://www.huntington.com.
About Huntington
Huntington Bancshares Incorporated is a $174 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle–market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,100 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
$hban $16.0 v -0.35 (-2.14%)
Volume: 34,952,372 @03/19/21 7:55:56 PM EDT
$hban $15.3 ^ 0.5 (3.38%)
Volume: 10,712,656 @02/19/21 5:34:33 PM EST
$hban $13.19 v -0.38 (-2.80%)
Volume: 27,765,498 @01/29/21 7:36:38 PM EST
$hban $14.17 ^ 1.33 (10.36%)
Volume: 9,747,562 @01/06/21 1:00:51 PM EST
$hban $12.9 v -0.13 (-1.00%)
Volume: 8,445,762 @12/11/20 6:10:27 PM EST
$hban $12.02 v -0.01 (-0.08%)
Volume: 5,404,011 @11/17/20 5:21:26 PM EST
$hban $11.9901 ^ 1.8401 (18.13%)
Volume: 17,998,001 @11/09/20 3:54:56 PM EST
Just In: $HBAN Comprehensive non-correlated Huntington Bancshares $HBAN Trading Report
Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with out market based analysis, the probabilities of going with the flow increases, and that is material over time. The Huntington Banc...
Got this from HBAN - Comprehensive non-correlated Huntington Bancshares $HBAN Trading Report
$hban $10.46 ^ 0.08 (0.77%)
Volume: 7,551,177 @10/23/20 7:54:26 PM EDT
$hban $9.32 ^ 0.17 (1.86%)
Volume: 9,099,548 @10/02/20 5:50:39 PM EDT
$hban $8.82 ^ 0.15 (1.73%)
Volume: 6,537,407 @09/25/20 5:53:42 PM EDT
$hban $9.42 v -0.16 (-1.67%)
Volume: 5,336,454 @08/26/20 7:55:49 PM EDT
$hban $9.58 ^ 0.03 (0.31%)
Volume: 10,662,133 @08/25/20 5:28:15 PM EDT
$hban $9.31 v -0.14 (-1.48%)
Volume: 6,761,068 @07/30/20 4:41:59 PM EDT
$hban $9.13 v -0.14 (-1.51%)
Volume: 12,541,446 @07/28/20 6:14:11 PM EDT
$hban $9.6 v -0.1 (-1.03%)
Volume: 10,270,786 @07/24/20 4:52:44 PM EDT
$hban $9.7 ^ 0.47 (5.09%)
Volume: 9,209,946 @07/23/20 7:03:39 PM EDT
$hban $8.92 v -0.15 (-1.65%)
Volume: 9,157,314 @07/17/20 7:57:01 PM EDT
$hban $8.92 v -0.15 (-1.65%)
Volume: 9,157,314 @07/17/20 7:57:01 PM EDT
$hban $9.07 v -0.04 (-0.44%)
Volume: 6,220,339 @07/16/20 5:26:46 PM EDT
$hban $8.6 v -0.035 (-0.41%)
Volume: 13,712,530 @07/02/20 7:59:44 PM EDT
$hban Key Financial Ratios
Earnings Per Share
1.29
Price/Earnings
11.6899
Gross Margin
-
Operating Margin
-
Symbol: HBAN Company Name: HUNTINGTON BANCSHARES INC
CUSIP Amount ExDate Record Date Pay Date Comments
446150104 0.15 06/16/20 06/17/20 07/01/20 US Currency
446150104 0.15 03/17/20 03/18/20 04/01/20 US Currency
446150104 0.15 12/17/19 12/18/19 01/02/20 US Currency
446150104 0.15 09/16/19 09/17/19 10/01/19 US Currency
446150104 0.14 06/14/19 06/17/19 07/01/19 US Currency
446150104 0.14 03/15/19 03/18/19 04/01/19 US Currency
446150104 0.14 12/17/18 12/18/18 01/02/19 US Currency
446150104 0.14 09/14/18 09/17/18 10/01/18 US Currency
446150104 0.11 06/15/18 06/18/18 07/02/18 US Currency
446150104 0.11 03/16/18 03/19/18 04/02/18 US Currency
446150104 0.11 12/15/17 12/18/17 01/02/18 US Currency
446150104 0.08 09/15/17 09/18/17 10/02/17 US Currency
446150104 0.08 06/15/17 06/19/17 07/03/17 US Currency
446150104 0.08 03/16/17 03/20/17 04/03/17 US Currency
446150104 0.08 12/16/16 12/20/16 01/02/17 US Currency
446150104 0.07 09/15/16 09/19/16 10/03/16 US Currency
446150104 0.07 06/15/16 06/17/16 07/01/16 US Currency
446150104 0.07 03/16/16 03/18/16 04/01/16 US Currency
446150104 0.07 12/17/15 12/21/15 01/04/16 US Currency
446150104 0.06 09/15/15 09/17/15 10/01/15 US Currency
446150104 0.06 06/15/15 06/17/15 07/01/15 US Currency
446150104 0.06 03/16/15 03/18/15 04/01/15 US Currency
446150104 0.06 12/17/14 12/19/14 01/02/15 US Currency
446150104 0.05 09/15/14 09/17/14 10/01/14 US Currency
446150104 0.05 06/13/14 06/17/14 07/01/14 US Currency
446150104 0.05 03/14/14 03/18/14 04/01/14 US Currency
446150104 0.05 12/17/13 12/19/13 01/02/14 US Currency
446150104 0.05 09/13/13 09/17/13 10/01/13 US Currency
446150104 0.05 06/13/13 06/17/13 07/01/13 US Currency
446150104 0.04 03/14/13 03/18/13 04/01/13 US Currency
446150104 0.04 12/14/12 12/18/12 01/02/13 US Currency
446150104 0.04 09/13/12 09/17/12 10/01/12 US Currency
446150104 0.04 06/14/12 06/18/12 07/02/12 US Currency
446150104 0.04 03/15/12 03/19/12 04/02/12 US Currency
446150104 0.04 12/16/11 12/20/11 01/03/12 US Currency
446150104 0.04 09/15/11 09/19/11 10/03/11 US Currency
446150104 0.01 06/15/11 06/17/11 07/01/11 US Currency
446150104 0.01 03/16/11 03/18/11 04/01/11 US Currency
446150104 0.01 12/16/10 12/20/10 01/03/11 US Currency
446150104 0.01 09/15/10 09/17/10 10/01/10 US Currency
446150104 0.01 06/15/10 06/17/10 07/01/10 US Currency
446150104 0.01 03/16/10 03/18/10 04/01/10 US Currency
446150104 0.01 12/16/09 12/18/09 01/04/10 US Currency
446150104 0.01 09/09/09 09/11/09 10/01/09 US Currency
446150104 0.01 06/10/09 06/12/09 07/01/09 US Currency
446150104 0.01 03/11/09 03/13/09 04/01/09 US Currency
446150104 0.1325 12/10/08 12/13/08 01/02/09 US Currency
446150104 0.1325 09/10/08 09/12/08 10/01/08 US Currency
446150104 0.1325 06/11/08 06/13/08 07/01/08 US Currency
446150104 0.265 03/12/08 03/14/08 04/01/08 US Currency
Not since 2008 as far as I know.
They cut their divi?
A) The tax of selling it would kill me
B) Me selling off so many shares would kill you.
That's what I mean, trade the peaks and troughs.
If comfortable doing so with part of your position.
Most the other regionals have a near identical chart.
It was showing a rebound, but now that's gone.
Great example of what I was talking about today. Up 10% in one session.
I can't and won't tell you what to do but I'd be flipping some of your shares back and forth there's been some incredible swings here in recent months. One of the best was just the other day intraday and the one I talked about awhile back a month ago or so. Just watch the Bollinger bands and a/d line. At some point I want to take a long position in IRA but I think good chance of new 52 low coming soon. There's starting to be talk of some banks reducing dividends but I doubt it here for now. But I guess we'll have to see what happens. AImho and glta.
Personally I think it sucks. But then again, I own a ton of shares on a long term basis.
Dropped below $7 for a moment then bounced hard off lower Bollinger band to about $7.60
Next time that happens will probably drop below and set new 52low imo. Really nice swing though I was not in.
That was a nice run though I was only in for a few hours & missed part of.
Getting close to buy zone again. I doubt I can catch 10% in one day again but who knows. I think new 52 week low coming soon and once it dips below that I make take a long term position. We will see how things go in the next few days. Glta
Meh, typically they raise the dividend in June. In the old days, they'd give you splits AND raise the dividend. They'd also give you a 5% bonus to hold your shares.
Cool, they confirmed no dividend change today. Good omen.
By the next one I might be in long. But picking my spots and hoping for $7 again soon. This is way undervalued. GLta
This is a stock I'm stuck with. Considering my cost basis is nil, I just don't see a decent way to sell (other than perhaps I'll put it in a CRT).
I've watched it go up to $34 and down to $1. Wish my family had invested heavily in AAPL instead.
I think it will really thrive later this year and the divy will not change. It sounds like they've done excellent on volume of PPP loans. In meantime I think will be volatile somewhat with some days of big green or big red.
At some point I want to take a long term position to hold for years to come but for now I might just go in/out Which I've done twice now with great results!
Hope so. I have owned a lot of shares for a very long time.
Cool, thank-u. I am already out though for now at 7.80 earlier this morning. I see it went higher which is awesome but I got 9% which I'm satisfied with!! Will monitor and surely get back in, I think it's one of the best regionals and long term will do excellent!!!
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