Huntington Bancshares: Robust Results In The Third Quarter

2025-10-17 11:47:09 ET

Introduction

Regional banks were having a tough week after some smaller banks had to record higher-than-expected loan loss provisions that weighed on the sector in general. But not all banks had to deal with this, and the recently reported earnings results provided by Huntington Bancshares ( HBAN ) indicate it's mostly business as usual for this bank, which focuses on the Midwest. The loan loss provisions remained quite stable, while the bottom line shows a very nice net profit increase. This also makes the preferred equity an interesting vehicle to lock in the yield that exceeds 6%. The common shares are currently trading at approximately 1.6x the tangible book value per share, but the TBV increases relatively fast thanks to the low dividend payout ratio. ...

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