Huntington Bancshares (NASDAQ:HBANP) Trading Down 0.4% – Time to Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANP)’s share price dropped 0.4% on Wednesday . The company traded as low as $17.25 and last traded at $17.2550. Approximately 54,982 shares were traded during trading, an increase of 15% from the average daily volume of 47,934 shares. The stock had previously closed at $17.32.

Huntington Bancshares Stock Performance

The stock has a 50 day moving average of $17.61 and a 200 day moving average of $17.90.

Huntington Bancshares (NASDAQ:HBANP) last posted its earnings results on Thursday, July 21st. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $1.29 billion during the quarter.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st will be given a $0.2813 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $1.13 annualized dividend and a yield of 6.5%.

Huntington Bancshares Company Profile

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.