Huntington Bancshares Reports Strong Growth and Expansion in Q4 Earnings Call

Heading 1: Huntington Bancshares Reports Strong Q4 Earnings and Outlines Growth Strategies

In the fourth quarter earnings call, Huntington Bancshares Incorporated (NASDAQ:) reported a year of growth in deposits and loans, while effectively managing deposit beta. The company announced GAAP earnings per common share of $0.15 and adjusted EPS of $0.27, with a decrease in net interest income by 3.8% to $1.327 billion. Despite the dip in net interest income, Huntington expects loan growth to accelerate in 2024 and has laid out plans for strategic growth initiatives.