FMP
Jan 24, 2023 9:55 AM - Davit Kirakosyan
Huntington Bancshares (NASDAQ:HBAN) shares gained more than 5% since the company’s reported Q4 results on Friday, with EPS of $0.43 coming in better than the Street estimate of $0.40.
Quarterly results reflected solid margin expansion and net interest income growth, stable fees, and relatively well-controlled expense trends. Credit quality also remains relatively stable in an uncertain environment.
The company’s outlook appears solid and can continue to support consistent earnings, with the potential for increased capital return later in the year. For 2023, the company expects average loan growth in the 5% to 7% range, mainly commercial driven, while average deposits are expected to increase from 1% to 4%.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...