Jan 17, 2025
Huntington Bancshares' profit surges on strong capital markets, interest income growth
Capital markets and advisory fees jumped 74% to $120 million, while wealth and asset management revenue rose 8% to $93 million in the three months ended Dec. 31, Huntington said. These drove up the company's profit to $530 million, or 34 cents per share, from $243 million, or 15 cents, a year earlier. The profit also beat analysts' expectation of 31 cents, according to data compiled by LSEG.