1828 ET - Huntington Bancshares appears to be more optimistic on its growth prospects than most other regional banks, Truist analysts say in a research note. "Huntington is at the top of the performance stack today and it is not hard to see why--they are the only bank that raised guidance for revenues," the analysts wrote. The bank delivered a more upbeat outlook on its capital-markets business in particular, guiding for solid growth in its commercial loans with higher fees as a result even amid any merger- and acquisition-related weakness, which they even sounded roughly positive on, the analysts said. "Obviously, current activities will cause some delay, but this could be a very strong capital markets year on the IB side as well," Chief Executive Zachary Wasserman said during the company's earnings call. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 18:28 ET (22:28 GMT)
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