Huntington Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Huntington Bancshares Incorporated
HBAN Stock  USD 18.14  0.06  0.33%   
Huntington Bancshares financial statements provide useful quarterly and yearly information to potential Huntington Bancshares Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Huntington Bancshares financial statements helps investors assess Huntington Bancshares' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Huntington Bancshares' valuation are summarized below:
Gross Profit
7 B
Profit Margin
0.2471
Market Capitalization
26.4 B
Enterprise Value Revenue
6.2602
Revenue
6.7 B
We have found one hundred twenty available fundamental trends for Huntington Bancshares, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Huntington Bancshares' regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 27th of November 2024, Market Cap is likely to grow to about 14.8 B. Also, Enterprise Value is likely to grow to about 25.4 B

Huntington Bancshares Total Revenue

7.29 Billion

Check Huntington Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Huntington Bancshares' main balance sheet or income statement drivers, such as Interest Expense of 3.7 B, Other Operating Expenses of 7.7 B or Operating Income of 2.5 B, as well as many indicators such as Price To Sales Ratio of 2.18, Dividend Yield of 0.0314 or PTB Ratio of 1.68. Huntington financial statements analysis is a perfect complement when working with Huntington Bancshares Valuation or Volatility modules.
  
Check out the analysis of Huntington Bancshares Correlation against competitors.

Huntington Bancshares Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.5 B1.5 B1 B
Slightly volatile
Total Assets198.8 B189.4 B107.3 B
Slightly volatile
Short and Long Term Debt Total7.3 B12.4 B8.4 B
Slightly volatile
Total Current Liabilities1.9 M2 M1.3 B
Slightly volatile
Total Stockholder Equity20.3 B19.4 B11 B
Slightly volatile
Property Plant And Equipment Net601.1 M1.1 B750.2 M
Slightly volatile
Net Debt2 B2.1 B5.1 B
Very volatile
Cash10.6 B10.1 B3.6 B
Slightly volatile
Non Current Assets Total11.9 B7.3 B18.1 B
Pretty Stable
Other Assets180.5 B171.9 B79.9 B
Slightly volatile
Cash And Short Term Investments6.4 B10.1 B11.6 B
Pretty Stable
Net Receivables7.2 B6.8 B3.1 B
Slightly volatile
Liabilities And Stockholders Equity198.8 B189.4 B107.3 B
Slightly volatile
Non Current Liabilities Total177.8 B169.3 B28 B
Slightly volatile
Other Stockholder Equity16.1 B15.3 B9.7 B
Slightly volatile
Total Liabilities178.5 B170 B96.3 B
Slightly volatile
Total Current Assets9.9 B10.1 B18.5 B
Pretty Stable
Short Term Debt1.9 M2 M1.5 B
Pretty Stable
Property Plant And Equipment Gross2.4 B2.3 B1.1 B
Slightly volatile
Common Stock Total Equity12 M12.6 M162.1 M
Slightly volatile
Common Stock14.2 M15 M162.4 M
Slightly volatile
Other Liabilities4.9 B4.6 B2.4 B
Slightly volatile
Accounts Payable178.6 B170.1 B88.2 B
Slightly volatile
Long Term Debt6.3 B12.4 B6.6 B
Slightly volatile
Short Term Investments26.6 B25.3 B14.7 B
Slightly volatile
Property Plant Equipment640.7 M1 B766.6 M
Slightly volatile
Intangible Assets403 M672 M422 M
Slightly volatile
Good Will5.8 B5.6 B2.3 B
Slightly volatile
Other Current Assets9.8 B10.4 B24.9 B
Slightly volatile
Preferred Stock Total Equity1.3 B2.5 B1.3 B
Slightly volatile
Net Tangible Assets7.6 B10.7 B7.1 B
Slightly volatile
Long Term Debt Total7.3 B11.1 B6.7 B
Slightly volatile
Capital Surpluse10.4 B17.6 B9.9 B
Slightly volatile
Long Term Investments69 B41.2 B61.8 B
Slightly volatile
Non Current Liabilities Other6.7 B6.3 B2.7 B
Slightly volatile
Short and Long Term Debt1.9 M2 M1.2 B
Slightly volatile
Earning Assets26.8 B30.7 B22.8 B
Slightly volatile
Net Invested Capital25.7 B29.4 B23.2 B
Slightly volatile
Capital Stock2.1 B2.4 B1.5 B
Slightly volatile

Huntington Bancshares Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses7.7 B7.4 B2.9 B
Slightly volatile
Operating Income2.5 B2.4 B1.5 B
Slightly volatile
EBIT2.5 B2.4 B1.4 B
Slightly volatile
EBITDA3.3 B3.2 B1.6 B
Slightly volatile
Net Income2 B2 B1.1 B
Slightly volatile
Depreciation And Amortization837.9 M798 M214 M
Slightly volatile
Selling General Administrative3 B2.8 B1.6 B
Slightly volatile
Selling And Marketing Expenses120.8 M115 M65.7 M
Slightly volatile
Total Revenue7.3 B6.9 B4.3 B
Slightly volatile
Gross Profit7.3 B6.9 B3.9 B
Slightly volatile
Income Before Tax2.5 B2.4 B1.3 B
Slightly volatile
Net Income Applicable To Common Shares2.6 B2.4 B1.1 B
Slightly volatile
Net Income From Continuing Ops1.2 B2.4 B1.1 B
Slightly volatile
Preferred Stock And Other Adjustments76.8 M129.9 M69.2 M
Slightly volatile
Tax Provision322.9 M558 M271.2 M
Slightly volatile
Net Interest Income3.9 B5.6 B3 B
Slightly volatile
Interest Income4.7 B8.4 B3.6 B
Slightly volatile
Reconciled Depreciation721.4 M687 M409.7 M
Very volatile
Extraordinary Items2.6 M2.7 M67 M
Slightly volatile

Huntington Bancshares Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow2.6 B2.5 B1.5 B
Slightly volatile
Begin Period Cash Flow7 B6.7 B2.7 B
Slightly volatile
Depreciation837.9 M798 M406.1 M
Slightly volatile
Dividends Paid1.1 B1 B506 M
Slightly volatile
Capital Expenditures94.6 M140 M126.7 M
Slightly volatile
Total Cash From Operating Activities2.8 B2.7 B1.7 B
Slightly volatile
Net Income2.1 B2 B1.1 B
Slightly volatile
End Period Cash Flow10.6 B10.1 B3.6 B
Slightly volatile
Change To Netincome1.4 B1.3 B439.5 M
Slightly volatile
Issuance Of Capital Stock412.9 M285.3 M495.9 M
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.182.64922.7238
Slightly volatile
Dividend Yield0.03140.05620.0359
Slightly volatile
PTB Ratio1.680.95071.179
Pretty Stable
Days Sales Outstanding366347278
Slightly volatile
Book Value Per Share7.7513.41089.8126
Slightly volatile
Free Cash Flow Yield0.110.13680.1275
Pretty Stable
Operating Cash Flow Per Share1.391.83691.5058
Slightly volatile
Stock Based Compensation To Revenue0.01310.0140.0154
Slightly volatile
Capex To Depreciation0.170.17540.3796
Slightly volatile
PB Ratio1.680.95071.179
Pretty Stable
EV To Sales5.562.97564.3675
Very volatile
Free Cash Flow Per Share1.241.74011.3676
Slightly volatile
ROIC0.06520.06210.0597
Pretty Stable
Net Income Per Share1.421.34880.9968
Slightly volatile
Sales General And Administrative To Revenue0.270.40760.3667
Pretty Stable
Capex To Revenue0.01920.02020.0334
Slightly volatile
Cash Per Share7.387.002714.34
Slightly volatile
POCF Ratio10.66.92477.9834
Slightly volatile
Interest Coverage0.650.68564.1086
Pretty Stable
Payout Ratio0.340.530.4109
Slightly volatile
Capex To Operating Cash Flow0.05010.05270.0982
Slightly volatile
PFCF Ratio6.947.30988.617
Very volatile
Income Quality0.741.3481.5053
Slightly volatile
ROE0.110.10080.1039
Pretty Stable
EV To Operating Cash Flow7.397.777912.0439
Slightly volatile
PE Ratio10.029.430511.7141
Very volatile
Return On Tangible Assets0.00890.01070.0102
Very volatile
EV To Free Cash Flow7.88.210513.638
Slightly volatile
Earnings Yield0.110.1060.0907
Very volatile
Intangibles To Total Assets0.0170.03290.0195
Slightly volatile
Net Debt To EBITDA1.611.73.7218
Slightly volatile
Current Ratio5.3 K5.1 K1.1 K
Slightly volatile
Tangible Book Value Per Share6.49.10167.7561
Slightly volatile
Receivables Turnover1.021.091.3609
Slightly volatile
Graham Number12.1220.150714.6422
Slightly volatile
Shareholders Equity Per Share7.6713.37979.8023
Slightly volatile
Debt To Equity0.610.64040.9357
Slightly volatile
Capex Per Share0.09190.09680.1343
Slightly volatile
Revenue Per Share5.484.80144.1731
Slightly volatile
Interest Debt Per Share19.4210.972410.3644
Pretty Stable
Debt To Assets0.06220.06540.0872
Slightly volatile
Enterprise Value Over EBITDA11.858.8911.1384
Very volatile
Short Term Coverage Ratios1.942.0431.859
Pretty Stable
Price Earnings Ratio10.029.430511.7141
Very volatile
Price Book Value Ratio1.680.95071.179
Pretty Stable
Dividend Payout Ratio0.340.530.4109
Slightly volatile
Price To Operating Cash Flows Ratio10.66.92477.9834
Slightly volatile
Price To Free Cash Flows Ratio6.947.30988.617
Very volatile
Pretax Profit Margin0.250.34330.2995
Pretty Stable
Ebt Per Ebit0.950.830.799
Slightly volatile
Operating Profit Margin0.260.34330.3212
Pretty Stable
Effective Tax Rate0.20.17320.2015
Slightly volatile
Company Equity Multiplier12.729.784910.4426
Pretty Stable
Long Term Debt To Capitalization0.360.39040.3735
Pretty Stable
Total Debt To Capitalization0.640.39040.4678
Pretty Stable
Return On Capital Employed0.01380.01260.0139
Very volatile
Debt Equity Ratio0.610.64040.9357
Slightly volatile
Ebit Per Revenue0.260.34330.3212
Pretty Stable
Quick Ratio4.8 K5.1 K369 K
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.292.26322.921
Slightly volatile
Net Income Per E B T0.660.81840.7882
Pretty Stable
Cash Ratio4.8 K5.1 K186.3 K
Slightly volatile
Operating Cash Flow Sales Ratio0.280.38260.3682
Very volatile
Days Of Sales Outstanding366347278
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.690.94730.8845
Very volatile
Cash Flow Coverage Ratios0.120.21440.2109
Pretty Stable
Price To Book Ratio1.680.95071.179
Pretty Stable
Fixed Asset Turnover3.436.26244.9574
Slightly volatile
Capital Expenditure Coverage Ratio19.9318.978612.3867
Slightly volatile
Price Cash Flow Ratio10.66.92477.9834
Slightly volatile
Enterprise Value Multiple11.858.8911.1384
Very volatile
Debt Ratio0.06220.06540.0872
Slightly volatile
Cash Flow To Debt Ratio0.120.21440.2109
Pretty Stable
Price Sales Ratio2.182.64922.7238
Slightly volatile
Return On Assets0.00890.01030.01
Very volatile
Asset Turnover0.05250.03670.0424
Slightly volatile
Net Profit Margin0.290.28090.2453
Slightly volatile
Gross Profit Margin0.140.160.1735
Slightly volatile
Price Fair Value1.680.95071.179
Pretty Stable
Return On Equity0.110.10080.1039
Pretty Stable

Huntington Bancshares Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap14.8 B14.1 B12.8 B
Slightly volatile
Enterprise Value25.4 B24.2 B21.5 B
Slightly volatile

Huntington Fundamental Market Drivers

Forward Price Earnings13.4409
Cash And Short Term Investments10.1 B

Huntington Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
17th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Huntington Bancshares Financial Statements

Huntington Bancshares investors utilize fundamental indicators, such as revenue or net income, to predict how Huntington Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue6.9 B7.3 B
Cost Of Revenue-1.6 B-1.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.41  0.27 
Capex To Revenue 0.02  0.02 
Revenue Per Share 4.80  5.48 
Ebit Per Revenue 0.34  0.26 

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 Stock

  0.93AX Axos FinancialPairCorr
  0.92BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against Huntington Stock

  0.64TFC-PO Truist FinancialPairCorr
  0.62CFG-PE Citizens FinancialPairCorr
  0.6TFC-PR Truist FinancialPairCorr
  0.4WF Woori Financial GroupPairCorr
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.
Pair CorrelationCorrelation Matching
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:
How To Invest In Huntington
Details
Is Huntington Stock a good investment?
Details
What is Huntington Bancshares' Net Worth?
Details
Largest Banks - Regional Companies
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Check out the analysis of Huntington Bancshares Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
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Piotroski
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Beneish
M Score
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Financial
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Buy or Sell
Advice
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Earnings
Projections
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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.
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