Rising Deposit Costs Emerge As The Latest Key Worry For Huntington Bancorp
A Seeking Alpha article reports that Huntington Bancshares (HBAN) faces headwinds from rising deposit costs and repeated guidance cuts. The article notes HBAN's Q2 results were mixed, with in-line core EPS and loan growth but the worst sequential deposit cost increase among peers.
Why it matters — HBAN watchers would care because rising deposit costs could pressure the bank's ability to fund future loan growth and may offset the positive long-term growth outlook.