DALLAS, Jan. 7, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Huntington Bancshares Inc. (Nasdaq:HBAN). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Huntington Bancshares Inc. (HBAN) is a bank 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, insurance service programs, and other financial products and services. HBAN has more than 600 branches and offers retail and commercial financial services online, at huntington.com, and through its telephone bank and its network of over 1,350 ATMs. The Company's Auto Finance and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers within its six-state banking franchise area, as well as selected New England states.
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In the report, the analyst notes:
"HBAN reported 2010 third-quarter net income of $100.9 million, or $0.10 per common share. This compared with net income of $48.8 million, or $0.03 per common share in the 2010 second quarter and a net loss of $166.2 million, or $0.33 per common share in the year-ago quarter."
"HBAN recently appointed businessman and civic leader Mike Fezzey as president of its SE Michigan region. According to the Company, Fezzey will lead the bank's growth in the region and collaborate with community, business and government in support of Michigan's economic recovery."
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