Huntington Bancshares Incorporated Preferred Stock Return On Asset
HBANP Preferred Stock | USD 19.57 0.38 1.98% |
Huntington Bancshares Incorporated fundamentals help investors to digest information that contributes to Huntington Bancshares' financial success or failures. It also enables traders to predict the movement of Huntington Preferred Stock. The fundamental analysis module provides a way to measure Huntington Bancshares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Huntington Bancshares preferred stock.
Huntington |
Huntington Bancshares Incorporated Company Return On Asset Analysis
Huntington Bancshares' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Huntington Bancshares Return On Asset | 0.0126 |
Most of Huntington Bancshares' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Huntington Bancshares Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Huntington Bancshares Incorporated has a Return On Asset of 0.0126. This is 102.68% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on asset for all United States preferred stocks is 109.0% lower than that of the firm.
Huntington Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Huntington Bancshares' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Huntington Bancshares could also be used in its relative valuation, which is a method of valuing Huntington Bancshares by comparing valuation metrics of similar companies.Huntington Bancshares is currently under evaluation in return on asset category among its peers.
Huntington Bancshares ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Huntington Bancshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Huntington Bancshares' managers, analysts, and investors.Environmental | Governance | Social |
Huntington Fundamentals
Return On Equity | 0.12 | ||||
Return On Asset | 0.0126 | ||||
Profit Margin | 0.32 % | ||||
Operating Margin | 0.43 % | ||||
Shares Owned By Institutions | 18.37 % | ||||
Number Of Shares Shorted | 15.23 K | ||||
Price To Earning | 20.87 X | ||||
Revenue | 7.25 B | ||||
Gross Profit | 6.96 B | ||||
EBITDA | 2.07 B | ||||
Net Income | 2.24 B | ||||
Cash And Equivalents | 4.62 B | ||||
Cash Per Share | 3.20 X | ||||
Total Debt | 9.69 B | ||||
Book Value Per Share | 10.79 X | ||||
Cash Flow From Operations | 2.06 B | ||||
Short Ratio | 2.09 X | ||||
Earnings Per Share | 0.78 X | ||||
Number Of Employees | 20.01 K | ||||
Beta | 1.14 | ||||
Market Capitalization | 255.91 M | ||||
Total Asset | 182.91 B | ||||
Annual Yield | 0.06 % | ||||
Five Year Return | 6.31 % | ||||
Net Asset | 182.91 B | ||||
Last Dividend Paid | 0.62 |
About Huntington Bancshares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Huntington Bancshares Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Huntington Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Huntington Bancshares Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Huntington Bancshares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Huntington Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Huntington Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Huntington Preferred Stock
Moving against Huntington Preferred Stock
0.42 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.41 | AX | Axos Financial | PairCorr |
0.37 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
0.32 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
The ability to find closely correlated positions to Huntington Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huntington Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Huntington Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Huntington Bancshares Incorporated to buy it.
The correlation of Huntington Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huntington Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huntington Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Huntington Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Huntington Preferred Stock Analysis
When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.