- Banks - Regional
- Financial Services
-
1.16
EPS
-
12.42
P/E
-
20.9B
MARKET CAP
-
4.30%
DIV YIELD
Company Overview
HUNTINGTON CTR,COLUMBUS OH 43287,6144802265
CEO
Mr. Stephen D. Steinour
Employess
19889
Sector
Financial Services
Industry
Banks - Regional
Website
https://www.huntington.com
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Next Earnings Date
Oct. 18, 2024
Ex Dividends date
Oct. 01, 2024
Dividend Date
Sept. 17, 2024
YTD Performance
12.07%
Fiscal Year End
12-31
IPO Date
1980-03-17
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 10.54% | 10.29% | 15.19% | 1.46% |
EPS | 5.61% | -1.08% | 21.64% | -14.29% |
Equity | 12.24% | 11.76% | 14.20% | 9.15% |
Cash | 25.58% | 30.52% | 15.43% | 49.22% |
Return On Capital (ROIC) | 5.81% | 6.24% | 7.20% | 6.16% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 2 | 2,030 | 334 | 183 | 2,610 |
Long Term Debt | 12,400 | 9,690 | 7,110 | 8,350 | 9,850 |
LT Finance Leases | 336 | 365 | 377 | 177 | 185 |
Shares Outstanding | 1,450 | 1,440 | 1,260 | 1,020 | 1,040 |
Market Cap | 18,400 | 20,300 | 19,500 | 12,800 | 15,700 |
Price
News
Huntington Bancshares: Strong Loan Quality Makes Shares Attractive
2 monthsHuntington Bancshares shares have risen by 24% in the past year, outperforming the market with a 15% return since my recent buy recommendation. Strong Q2 results show solid deposit growth and loan performance, positioning HBAN for further earnings growth in 2025. Despite a higher valuation, HBAN's strong credit quality and limited CRE losses make it a safer investment with potential for modest multiple expansions.
seekingalpha.comThis Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
2 monthsTop Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
benzinga.comHuntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks
2 monthsCOLUMBUS, Ohio , July 19, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable October 1, 2024, to shareholders of record on September 17, 2024.
prnewswire.comHuntington Bancshares: Big Improvements In Q2, 52-Week Highs
2 monthsHuntington Bancshares Incorporated exceeded Q2 earnings expectations with a net income of $474 million. Loans and deposits continue to grow, with average total deposits increasing by $2.9 billion. Asset quality metrics for Huntington Bancshares are mixed, with net charge-offs improving but nonperforming assets to total assets rising.
seekingalpha.comHuntington (HBAN) Q2 Earnings & Revenues Beat, NII Drops
2 monthsHuntington's (HBAN) Q2 results reflect improvements in average loans and deposits. However, a fall in NII and elevated expenses are a headwind.
zacks.comHuntington Bancshares Incorporated (HBAN) Q2 2024 Earnings Call Transcript
2 monthsHuntington Bancshares Incorporated (NASDAQ:HBAN ) Q2 2024 Earnings Conference Call July 19, 2024 8:00 AM ET Company Participants Tim Sedabres - Director, Investor Relations Steve Steinour - Chairman, President and CEO Zach Wasserman - Chief Financial Officer Brendan Lawlor - Chief Credit Officer Conference Call Participants Manan Gosalia - Morgan Stanley Erika Najarian - UBS Steven Alexopoulos - JPMorgan Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Jon Arfstrom - RBC Capital Markets Peter Winter - D.A. Davidson Greetings, welcome to the Huntington Bancshares Second Quarter 2024 Earnings Conference Call.
seekingalpha.comHuntington Bancshares (HBAN) Reports Q2 Earnings: What Key Metrics Have to Say
2 monthsThe headline numbers for Huntington Bancshares (HBAN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.comHuntington Bancshares (HBAN) Q2 Earnings and Revenues Beat Estimates
2 monthsHuntington Bancshares (HBAN) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.35 per share a year ago.
zacks.comHigher Expenses to Hurt Huntington (HBAN) in Q2 Earnings?
2 monthsEscalating expenses and weakening asset quality are likely to have hurt Huntington's (HBAN) second-quarter performance. A rise in fee income and NII are likely to have offered some support.
zacks.comAnalysts Estimate Huntington Bancshares (HBAN) to Report a Decline in Earnings: What to Look Out for
2 monthsHuntington Bancshares (HBAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comASB or HBAN: Which Is the Better Value Stock Right Now?
2 monthsInvestors with an interest in Banks - Midwest stocks have likely encountered both Associated Banc-Corp (ASB) and Huntington Bancshares (HBAN). But which of these two stocks presents investors with the better value opportunity right now?
zacks.comHuntington Bancshares Incorporated Announces Second Quarter 2024 Earnings Call Details
3 monthsCOLUMBUS, Ohio , July 3, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will release second quarter 2024 financial results prior to the market opening on Friday, July 19, 2024. A news release and supporting financial data will be available at that time on the Investor Relations section of the company's website (www.huntington-ir.com).
prnewswire.com