COLUMBUS, Ohio (AP) _ Huntington Bancshares Inc. (HBAN) on Thursday reported first-quarter profit of $48 million.

The bank, based in Columbus, Ohio, said it had earnings of 3 cents per share.

The results missed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The regional bank holding company posted revenue of $1.34 billion in the period. Its revenue net of interest expense was $1.16 billion, surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.15 billion.

Huntington Bancshares shares have fallen 47% since the beginning of the year, while the Standard & Poor's 500 index has declined 13%. The stock has dropped 41% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBAN at https://www.zacks.com/ap/HBAN

Automated Insights, source Associated Press News