Huntington Bancshares, Inc. (NASDAQ:HBAN)

CAPS Rating: 4 out of 5

A multi-state diversified financial holding company which through its subsidiaries provides full-service commercial and consumer banking services, mortgage banking services, automobile financing and other insurance and financial products and services.

Recs

3
Player Avatar DarthMaul09 (29.80) Submitted: 1/8/2010 1:34:55 AM : Underperform Start Price: $3.90 HBAN Score: -80.31

Huntington Bancshares Incorporated is a multi-state diversified financial holding company. Through its subsidiaries, the Company provides full-service commercial and consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance service programs, and other financial products and services. The Company has four lines of business: Regional Banking; Private Financial, Capital Markets, and Insurance Group; Auto Finance and Dealer Services, and Treasury/Other. The Company’s only banking subsidiary is The Huntington National Bank. At December 31, 2008, the Bank had 345 banking offices in Ohio, 115 banking offices in Michigan, 57 banking offices in Pennsylvania, 51 banking offices in Indiana, 28 banking offices in West Virginia, 13 banking offices in Kentucky, four private banking offices in Florida, one foreign office in the Cayman Islands and one foreign office in Hong Kong.

NEW YORK (Reuters) - Regional bank shares jumped on Thursday as hopes of a housing recovery gained steam, after the government reported initial jobless claims rose less than expected and homebuilder Lennar Corp (LEN.N) made positive comments about its outlook for 2010.

So some investors have bid up banking stocks because they believed a government report that claims that the jobs outlook is improving? How long will this be believed? My guess is that after hours selling will be likely.

Member Avatar GOFORAWILDRIDE (< 20) Submitted: 3/29/2010 3:02:15 PM
Recs: 1

Wow look at that you have another RED THUMB, so sad to see.

I got in at 3.69 it is now 5.43 the 50 and 200 day moving averages are climbing. It is still paying dividends at a 7.36% so what is not to like?

BULL MARKET is running over your BEAR THUMB, wake up and smell the dead carcass called BEAR.

Featured Broker Partners


Advertisement