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Financial News Buzz in Analytic Views: Huntington Bancshares (NASDAQ:HBAN), Regions Financial (NYSE:RF)

Category: Loan Center Published: Wednesday, 06 July 2016 Written by Chance Allen

Huntington Bancshares Incorporated (NASDAQ:HBAN) [Trend Analysis] pretends to be active mover, stock declined about -0.43% to traded at $9.22. Huntington Bancshares Inc. designated FirstMerit Corp. executive Sandra Pierce as senior vice president of its private-client group.

Pierce will report to CEO Stephen Steinour and oversee the lender's wealth management, private bank, national settlements and retirement businesses, the Columbus, Ohio-based firm stated Wednesday in a statement. Huntington agreed to buyAkron, Ohio-based FirstMerit in January for $3.4 billion.

"Sandy is a very well-known regional banking leader with tremendous drive for results, Steinour, 57, stated in the statement. "We have a strong track record of working together in previous roles and a shared commitment to strengthening the Midwest."

The liquidity measure in recent quarter results of the firm, debt to equity ratio was 1.24, and long-term debt to equity ratio remained 1.24. The Firm has profit margin was positive 30.70% in trailing twelve months. (Read Recent [Free Analytic] Facts on NASDAQ:HBAN and Be Updated)

To accommodate long-term intention, the firm has diverse dividend or yield record, HBAN has Dividend Yield of 3.04% and experts calculate Return on Investment of 12.30%. The firm has Profit Margin of positive 30.70%.

Thursday bloom on Regions Financial Corporation (NYSE:RF) [Trend Analysis], stock moved down about -0.55% in early session as its gaining volume of 14.67 Million. Regions Bank revealed that that it has designated Bill Horton, Regional President of the South Region, to lead an expanded Commercial Banking Group reporting to John Turner, head of the Corporate Banking Group.

The realigned Commercial Banking Group combines Regions' existing Business Banking and Commercial Banking businesses and will serve small and middle-market companies through relationship managers located across the firm's footprint. Regions' Treasury Management and Business Loan Center underwriting groups will also report to Horton.

Turner stated that streamlining their commercial banking businesses under Bill's leadership will create a consistent, simplified approach across our markets that enhances our bankers' ability to deepen relationships with clients, understand their needs and provide the best solutions. "Bill has over 40 years of experience serving commercial clients and working with bankers across our markets, and I'm happy to have him leading our efforts to meet the needs of business clients."

The stock showed weekly upbeat performance of 0.22%, which maintained for the month at -3.05%. Likewise, the positive performance for the quarter recorded as 13.62% and for the year was -12.95%, while the YTD performance remained at -3.65%. RF has Average True Range for 14 days of 0.26.

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