|Bid||14.70 x 0|
|Ask||14.80 x 0|
|Day's range||14.70 - 14.70|
|52-week range||11.20 - 15.40|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||19 Jan 2023 - 23 Jan 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Apart from strong fundamentals, the S&P 500 banks like Citi (C), Truist (TFC), U.S. Bancorp (USB), Huntington (HBAN) and Citizens Financial (CFG) have solid dividend yields, which will help income investors generate robust returns.
Shares of Huntington Bancshares (NASDAQ: HBAN) gained nearly 9.5% today after the large regional bank reported third-quarter earnings results. Net interest income (NII), the profit banks make on loans and securities after covering the cost to fund those assets, rose 11% from the previous quarter as the bank benefited from the higher interest rate environment. Furthermore, management raised its guidance for NII for the fourth quarter and now expects NII to increase in the high-20s-to-low-30s percentage range year over year, thanks to the rate environment and projected high-single-digit percentage loan growth as well.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Huntington Bancshares (HBAN) have what it takes? Let's find out.