Huntington Bancshares Incorporated Reports 2021 First-Quarter Earnings
2021 First-Quarter Highlights (compared with 2020 First Quarter): Net income was $532 million, up $484 million from the year ago quarter. Earnings per common share (EPS) for the quarter were $0.48, an increase of $0.45. Return on average assets for the quarter was 1.76%, return on average common equity was 18.7%, and return on average tangible common equity was 23.7%. Tangible book value per common share increased $0.36, or 4%, to $8.64. Fully-taxable equivalent total revenue increased $216 million, or 19%. Fully-taxable equivalent net interest income increased $182 million, or 23%, incl...