Huntington Bancshares’ Profit Surge Defies Banking Jitters – HBAN Stock Eyes Rebound
HBAN Stock Bounces After Regional Bank Rout HBAN shares are attempting a comeback after a volatile week. On October 16, Huntington’s stock slid 5.2% to $15.37 markets.financialcontent.com amid a broader rout in regional bank stocks. Credit jitters hit the sector after a “cockroach” of bad loan news – one mid-sized lender disclosed a fraud-linked loss and another flagged sour commercial loans ts2.tech ts2.tech. The KBW Regional Bank Index plunged ~6.5% that day ts2.tech, dragging down even healthy banks like Huntington. However, Huntington’s strong earnings report on Friday, Oct. 17 helped ease those fears. The bank’s better-than-expected results and upbeat guidance