Updated from 7:48 a.m. ET with late morning market action and comment from Jefferies analyst Ken Usdin. NEW YORK ( TheStreet) -- Huntington Bancshares ( HBAN) CEO Stephen Steinour says Federal Reserve Chairman Ben Bernanke's recent comments indicate the second quarter was "a benchmark quarter, reflecting significant confidence we are on a sustained recovery, which will be very good for us and the industry."The Columbus, Ohio, lender reported second-quarter earnings of $150.7 million, or 17 cents a share, down slightly from $151.8 million, or 17 cents a share, in the first quarter, and $152.7 million, or 17 cents a share, during the second quarter of 2012. Analysts polled by Thomson Reuters had estimated second-quarter earnings would come in at 16 cents a share.
|Huntington CEO Stephen Steinour|