Huntington Bancshares reports Q4 adjusted EPS 27c, consensus 27c

Reports Q4 CET1 capital ratio 10.25%. Reports Q4 net charge-offs .31%. “We are pleased to deliver fourth quarter results highlighted by the continuation of our organic growth efforts with sustained deposit and loan growth as well as the further expansion of common equity tier 1 capital,” said Steve Steinour, chairman, president, and CEO. “We are entering the new year from a position of strength with robust liquidity and capital, which allows us to remain focused on executing our growth strategy and serving our customers. We are maintaining our disciplined approach to managing credit quality, consistent with our aggregate moderate-to-low risk appetite, and believe Huntington is well-positioned as we operate through this dynamic environment.”