Huntington Bancshares (NASDAQ:HBANM) Trading Up 0.1% – Here’s What Happened

Shares of Huntington Bancshares Incorporated (NASDAQ:HBANM) were up 0.1% on Friday . The company traded as high as $22.16 and last traded at $22.13. Approximately 14,882 shares changed hands during trading, an increase of 28% from the average daily volume of 11,615 shares. The stock had previously closed at $22.11.

Analyst Upgrades and Downgrades

Separately, DA Davidson set a $21.00 price target on Huntington Bancshares in a report on Tuesday, October 28th.

Huntington Bancshares Price Performance

The company’s 50-day moving average is $22.59 and its 200-day moving average is $22.74.

Huntington Bancshares (NASDAQ:HBANM) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.35 earnings per share for the quarter. The company had revenue of $1.29 billion during the quarter.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Sunday, February 15th will be paid a $0.3563 dividend. This represents a $1.43 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Friday, February 13th.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.