COLUMBUS, Ohio (AP)--Regional bank holding company Huntington Bancshares Inc. (HBAN) said Thursday it expects to report a fourth-quarter loss of $239 million stemming mostly from its connection with a company that makes subprime loans. Its stock fell nearly 10% to its lowest price since 2001 before recovering somewhat. The loss is expected to be 65 cents a share for the quarter ended Dec. 31, much greater than the loss of 21 cents a share expected by analysts surveyed by Thomson Financial.
Columbus-based Huntington Bancshares is a $55 billion regional bank holding company with more than 700 banking offices in Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. .
Thursday, January 10, 2008
HBAN
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