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HUNTINGTON NPV : Huntington’s September 20 Webinar To Focus On Current State Of The Economy

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09/07/2011 | 01:35pm CEST

Huntington’s September 20 Webinar To Focus On Current State Of The Economy


Cynthia Kincaid

([email protected])


COLUMBUS, OHIO - September 7, 2011 - Huntington Director of Economics, George Mokrzan, will give an economic forecast update during a webinar that will be held September 20, at 8:30 a.m. EST. The webinar will include a discussion on the current state of the economy and will also include a discussion on employment in the Midwest, exporting, the state of manufacturing and a question and answer period.

Dr. Mokrzan is Director of Economics for Huntington’s wealth management group and Huntington National Bank. Huntington wealth management oversees $14.5 billion (as of December 31, 2010) in financial assets including the Huntington Funds. He provides economic analysis and commentary to management and clients. Although his views do not necessarily represent the official views and assumptions used in Huntington’s forecasting and strategic planning exercises, his analytical work provides valuable management inputs. Dr. Mokrzan is the current Vice Chairman of the Economic Advisory Committee of the American Bankers' Association. He has served since 2005 on this national committee that meets regularly with policy officials. He is a panelist for the Federal Reserve Bank of Philadelphia Livingston Survey and also serves on the CNN Money Economist Poll. Dr. Mokrzan earned a doctorate in economics from Duke University in 1990, with specialization in macroeconomics, international economics and econometrics. He earned a master's degree in economics from Duke University and a bachelor's degree in economics from the University of Rochester.

To register for the webinar, go to www.huntington.com/webinars.

About Huntington

Huntington Bancshares Incorporated is a $53 billion regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, provides full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial product and services. The principal markets for these services are Huntington’s six-state banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of over 600 traditional branches and convenience branches located in grocery

stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and over 1,300 ATMs. Through automotive dealership relationships within its six-state banking franchise area and selected New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.

® Huntington® and 24-Hour Grace® are federally registered service marks of Huntington Bancshares Incorporated. Asterisk-Free Checking™ is an exclusive mark of Huntington Bancshares Incorporated. Patent pending for the 24-Hour Grace® system and method. © 2011 Huntington Bancshares Incorporated.


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Financials ($)
Sales 2017 4 327 M
EBIT 2017 1 677 M
Net income 2017 1 005 M
Debt 2017 -
Yield 2017 2,55%
P/E ratio 2017 14,26
P/E ratio 2018 11,70
Capi. / Sales 2017 3,25x
Capi. / Sales 2018 3,08x
Capitalization 14 067 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 14,7 $
Spread / Average Target 13%
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Stephen D. Steinour Chairman, President & Chief Executive Officer
Paul G. Heller SEVP, Chief Operations & Technology Officer
Howell D. McCullough Chief Financial Officer & Senior Executive VP
David L. Porteous Lead Independent Director
Michael J. Endres Director
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