Huntington Bancshares Says Outlook For The Year Remains Unchanged As It Looks To Accelerate Organic Growth
Portfolio Pulse from Benzinga Newsdesk
Huntington Bancshares remains optimistic about its yearly outlook, expecting to accelerate loan growth through new teams and market expansions, aiming to boost revenue and profitability into 2025.
April 19, 2024 | 10:55 am
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Huntington Bancshares projects accelerated loan growth and an optimistic revenue and profitability outlook into 2025, driven by new teams and market expansions.
The company's focus on accelerating loan growth through strategic expansions and the formation of new teams is expected to positively impact its stock price in the short term. The CEO's optimistic outlook on revenue and profitability further supports this positive sentiment, indicating a strong growth trajectory and financial health.
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