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$HBAN's average total deposits for 1Q16 increased by 5% from the year-ago quarter, including a 5% rise in average total core deposits. Average total interest-bearing liabilities grew by 9% from the year-ago quarter. Changes in total liabilities reflected 34% growth in average total debt, and 12% rise in average demand deposits.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.