Huntington Bancshares Financials

HBAN Stock  USD 18.01  0.01  0.06%   
Based on the key indicators related to Huntington Bancshares' liquidity, profitability, solvency, and operating efficiency, Huntington Bancshares Incorporated is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Huntington Bancshares' Other Assets are very stable compared to the past year. As of the 30th of November 2024, Net Receivables is likely to grow to about 7.2 B, while Short and Long Term Debt Total is likely to drop about 7.3 B. Key indicators impacting Huntington Bancshares' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.290.2809
Sufficiently Up
Slightly volatile
Return On Assets0.00890.0103
Fairly Down
Very volatile
Return On Equity0.110.1008
Significantly Up
Pretty Stable
Debt Equity Ratio0.610.6404
Sufficiently Down
Slightly volatile
Operating Income2.5 B2.4 B
Sufficiently Up
Slightly volatile
Current Ratio5.3 K5.1 K
Sufficiently Up
Slightly volatile
The financial analysis of Huntington Bancshares is a critical element in measuring its lifeblood. Investors should not minimize Huntington Bancshares' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

2.05 Billion

  
Understanding current and past Huntington Bancshares Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Huntington Bancshares' financial statements are interrelated, with each one affecting the others. For example, an increase in Huntington Bancshares' assets may result in an increase in income on the income statement.

Huntington Bancshares Stock Summary

Huntington Bancshares competes with Zions Bancorporation, Comerica, Western Alliance, US Bancorp, and KeyCorp. 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. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio. Huntington Bcshs operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 19997 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4461501045
CUSIP446150104
LocationOhio; U.S.A
Business AddressHuntington Center, Columbus,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.huntington.com
Phone614 480 2265
CurrencyUSD - US Dollar

Huntington Bancshares Key Financial Ratios

Huntington Bancshares Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets109.0B123.0B174.1B182.9B189.4B198.8B
Other Current Liab(2.6B)(112M)(14M)(1.8B)(2M)(2.1M)
Net Debt11.2B1.8B1.5B4.8B2.1B2.0B
Retained Earnings2.1B1.9B2.2B3.4B4.3B4.5B
Cash1.3B6.7B5.9B6.9B10.1B10.6B
Other Assets66.6B70.8B86.0B182.9B171.9B180.5B
Total Liab97.2B110.0B154.7B165.1B170.0B178.5B
Total Current Assets15.4B23.2B39.3B25.1K10.1B9.9B
Short Term Debt2.6B112M14M1.8B2M1.9M
Other Liab2.1B2.6B4.0B4.0B4.6B4.9B
Accounts Payable82.3B98.9B143.3B147.9B170.1B178.6B
Long Term Debt9.8B8.4B7.1B9.7B12.4B6.3B
Inventory11M(9.0B)(6.4B)(13.7B)(17.2B)(16.3B)
Treasury Stock(45M)(56M)(59M)(79M)(90.9M)(95.4M)
Intangible Assets475M428M611M712M672M403.0M
Other Current Assets1.4B6.8B6.4B6.9B10.4B9.8B
Net Tangible Assets8.1B8.4B11.5B9.3B10.7B7.6B
Long Term Debt Total9.8B8.4B7.1B9.7B11.1B7.3B

Huntington Bancshares Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense988M423M89M696M3.5B3.7B
Operating Income1.7B972M1.6B3.8B2.4B2.5B
Ebit1.7B1.2B1.7B3.0B2.4B2.5B
Ebitda1.7B1.3B2.0B3.2B3.2B3.3B
Net Income1.4B817M1.3B2.2B2.0B2.0B
Income Tax Expense248M155M294M515M413M433.7M
Total Revenue4.7B4.8B6.0B7.3B6.9B7.3B
Gross Profit4.7B4.8B6.0B1.3B6.9B7.3B
Income Before Tax1.7B972M1.6B2.8B2.4B2.5B
Tax Provision248M155M294M515M558M322.9M
Net Interest Income3.2B3.2B4.1B5.3B5.6B3.9B
Interest Income4.2B3.6B4.2B6.0B8.4B4.7B

Huntington Bancshares Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(1.5B)5.4B(1.1B)1.2B3.4B3.6B
Free Cash Flow1.5B1.2B1.8B3.8B2.5B2.6B
Depreciation386M367M391M484M798M837.9M
Other Non Cash Items316M1.0B(32M)300M432M453.6M
Dividends Paid671M698M888M1.0B(1.0B)(982.3M)
Capital Expenditures107M119M247M214M140M94.6M
Net Income1.4B817M1.3B2.2B2.0B2.1B
End Period Cash Flow1.2B6.6B5.5B6.7B10.1B10.6B
Investments(2.2B)(9.3B)(4.7B)(12.1B)(951M)(998.6M)
Net Borrowings1.6B(4.0B)(3.9B)5.1B4.6B4.9B
Change To Netincome147M535M38M1.1B1.3B1.4B

Huntington Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Huntington Bancshares's current stock value. Our valuation model uses many indicators to compare Huntington Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Huntington Bancshares competition to find correlations between indicators driving Huntington Bancshares's intrinsic value. More Info.
Huntington Bancshares Incorporated is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Huntington Bancshares Incorporated is roughly  9.83 . At this time, Huntington Bancshares' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Huntington Bancshares' earnings, one of the primary drivers of an investment's value.

Huntington Bancshares Systematic Risk

Huntington Bancshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Huntington Bancshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Huntington Bancshares correlated with the market. If Beta is less than 0 Huntington Bancshares generally moves in the opposite direction as compared to the market. If Huntington Bancshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Huntington Bancshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Huntington Bancshares is generally in the same direction as the market. If Beta > 1 Huntington Bancshares moves generally in the same direction as, but more than the movement of the benchmark.

Huntington Bancshares Thematic Clasifications

Huntington Bancshares Incorporated is part of FinTech investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. A collection of large financial service, investment, and banking companies. High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking
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Today, most investors in Huntington Bancshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Huntington Bancshares' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Huntington Bancshares growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.63)

At this time, Huntington Bancshares' Price Earnings To Growth Ratio is very stable compared to the past year.

Huntington Bancshares November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Huntington Bancshares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Huntington Bancshares Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Huntington Bancshares Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Huntington Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Huntington Bancshares's daily price indicators and compare them against related drivers.
When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
0.62
Earnings Share
1.03
Revenue Per Share
4.613
Quarterly Revenue Growth
(0.01)
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.