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Huntington Bancshares sees FY23 average loans up 5%-7%
The Fly

Huntington Bancshares sees FY23 average loans up 5%-7%

Sees FY23: Average deposits up 1%-4%; Net interest income (ex-PPP, ex-PPA) up 8%-11%; Noninterest income ~ flat; Expense up 2%-4%, plus ~$60M Capstone/Torana, plus ~$30M FDIC assessment; Net charge-offs at low end of 25-45 bps through the cycle target. Comments taken from investor presentation slides.

Published first on TheFly

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