Huntington Bancshares Inc
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Financials : Banks | Mid Cap Value
Company profile

Huntington Bancshares Incorporated (Huntington) is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. Its segments include Consumer and Business Banking, Commercial Banking, Commercial Real Estate and Vehicle Finance, Regional Banking and The Huntington Private Client Group, Home Lending and Treasury/Other. The Bank offers commercial and consumer loans. Its consumer loans include automobile, home equity, residential mortgage, and recreational vehicle (RV) and marine finance loans. It offers demand deposits-noninterest-bearing, demand deposits-interest-bearing, money market deposits, and savings and other domestic deposits.

Closing Price
$13.84
Day's Change
-0.67 (-4.62%)
Bid
--
Ask
--
B/A Size
--
Day's High
14.37
Day's Low
13.74
Volume
(Heavy Day)
Volume:
31,658,091

10-day average volume:
14,300,301
31,658,091

Xerox Q2 profit tops estimates for a loss, while revenue falls slightly short

6:47 am ET July 28, 2020 (MarketWatch)
Print

Xerox Holdings Corp. (XRX) said Tuesday it had net income of $27 million, or 11 cents a share, in the second quarter, down sharply from $181 million, or 60 cents a share, in the year-earlier period. Adjusted per-share earnings, that exclude restructuring and related costs and transaction and related costs among others, came to 15 cents, ahead of the FactSet consensus for a loss of 7 cents a share. Revenue tumbled to $1.465 billion from $2.263 billion, below the $1.482 billion FactSet consensus. "The global COVID-19 pandemic crisis significantly impacted our second quarter 2020 revenues due to business closures and office building capacity restrictions that impacted our customers' purchasing decisions and caused lower printing volumes on our devices," the company said in a statement. Shares were down 0.1% premarket, and have fallen 57% in the year to date, while the S&P 500 has gained 0.3%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 28, 2020 06:47 ET (10:47 GMT)

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