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NEW YORK (TheStreet) -- Huntington Bancshares (HBAN) - Get Huntington Bancshares Incorporated Report  released its fourth quarter fiscal 2015 financial results earlier this morning. Both profit and revenue were higher than expectations. 

Earnings for the latest quarter came in at 21 cents a share, in line with analysts' expectations, and up 11% from a year ago. 

Revenue was $777.6 million, topping analysts' expectations of $761.2 million. Sales grew 9% year-over-year.

"Our consistent execution of disciplined lending and investment within a risk-balanced environment continues to pay off," CEO Steve Steinour stated. "We also took proactive steps to better position the company moving into 2016 by investing in key growth drivers, such as technology and our in-store strategy, while exiting some non-core businesses."

Other than having to deal with low interest rates like many banks had to face, the company's earnings were robust due to a rise in loans and leases. 

Specifically, automobile and commercial loans helped the 5.7% increase in total loans. 

Even though the Fed decided in December to raise interest rates, which will likely benefit banks, Huntington said it would still "conservatively budget" for unchanged rates, adding that it estimates full-year revenue growth to be the same as its long-term goal of 4% to 6% growth a year, the Wall Street Journal reports. 

Shares of Huntington Bancshares are retreating 1.08% to $9.16 on Thursday. 

TheStreet Recommends

TheStreet Ratings has a Buy rating on the stock with a letter grade of B, driven by several positive factors. 

The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity and expanding profit margins.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

You can view the full analysis from the report here: HBAN

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