July 18, 2014
Huntington Bancshares said this morning that its second-quarter profit rose 9 percent, helped by strong growth in auto and commercial lending.
The bank said it earned $165 million, or 19 cents per share, for the quarter ended June 30, an increase of $14 million from the 2013 second quarter.
Loans increased by $3.7 billion from the second quarter of 2013, gains that the bank said reflected heightened consumer and business confidence.
“We are optimistic about the continued growth in our local economies and the growing benefit from our previous investments,” said Steve Steinour, the bank’s chairman, president and CEO.