Huntington Bancshares Incorporated (NASDAQ:HBAN) spotted trading -50.61% off 52-week high price. On the other end, the stock has been noted 0.52% away from the low price over the last 52-weeks. The stock changed -7.77% to recent value of $7.72. The stock transacted 16523206 shares during most recent day however it has an average volume of 12.15M shares. The company has 1.11B of outstanding shares and 1.01B shares were floated in the market.
After more than 38 years in financial services, Huntington Bancshares Incorporated (NASDAQ:HBAN) Commercial Banking Director Rick Remiker has disclosed his decision to retire in May 2020.
Remiker joined Huntington in 2010 to lead the bank’s equipment finance business. He subsequently led specialty banking and in 2014 assumed leadership of the commercial bank. As Commercial Banking Director, Remiker expanded Huntington’s asset finance business, led the strategic evolution and growth of Huntington Capital Markets and specialty banking teams, as well as led the acquisitions and integrations of Huntington Technology Finance (formerly Macquarie Equipment Finance) and Hutchinson, Shockey, Erley & Co. He also led the successful commercial banking integration following Huntington’s 2016 acquisition of FirstMerit Corporation, Huntington’s largest acquisition. Remiker doubled Huntington’s commercial loan volume in his six years leading the commercial bank.
Rick is a purpose-driven leader who has made many important contributions to Huntington, and he has been an outstanding colleague and integral member of our executive leadership team. The impressive growth in Commercial Banking is a result of his vision and ability to build strong teams, said Steve Steinour, Huntington’s chairman, president and CEO.
Its earnings per share (EPS) expected to touch remained 6.10% for this year while earning per share for the next 5-years is expected to reach at 4.90%. HBAN has an operating margin of 69.70% while its profit margin remained 31.80% for the last 12 months.
The price moved ahead of -32.88% from the mean of 20 days, -41.01% from mean of 50 days SMA and performed -44.16% from mean of 200 days price. Company’s performance for the week was -15.44%, -44.50% for month and YTD performance remained -48.81%.