Huntington Bancshares Incorporated Stock Today

HBAN Stock  USD 14.96  0.40  2.75%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Huntington Bancshares is selling at 14.96 as of the 20th of September 2024; that is 2.75 percent increase since the beginning of the trading day. The stock's open price was 14.56. Huntington Bancshares has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Note, on May 16, 2022, Senator Tina Smith of US Senate acquired $100k to $250k worth of Huntington Bancshares's common stock.
Business Domain
Banks
IPO Date
26th of March 1990
Category
Financial Services
Classification
Financials
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. The company has 1.45 B outstanding shares of which 26.93 M shares are currently shorted by private and institutional investors with about 2.15 trading days to cover. More on Huntington Bancshares Incorporated

Moving together with Huntington Stock

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Huntington Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanStephen Steinour
Thematic IdeaFinTech (View all Themes)
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, SP 500 Index, FinTech, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00890.0103
Fairly Down
Very volatile
Asset Turnover0.05250.0389
Significantly Up
Slightly volatile
Gross Profit Margin1.271.2114
Sufficiently Up
Slightly volatile
Net DebtB2.1 B
Notably Down
Very volatile
Total Current Liabilities589 M620 M
Notably Down
Pretty Stable
Non Current Liabilities Total177.8 B169.3 B
Sufficiently Up
Slightly volatile
Total Assets198.8 B189.4 B
Sufficiently Up
Slightly volatile
Total Current Assets28.2 B26.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.8 B2.7 B
Sufficiently Up
Slightly volatile
Debt Levels
Huntington Bancshares can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Huntington Bancshares' financial leverage. It provides some insight into what part of Huntington Bancshares' total assets is financed by creditors.
Liquidity
Huntington Bancshares Incorporated currently holds 12.4 B in liabilities with Debt to Equity (D/E) ratio of 9.77, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Huntington Bancshares' use of debt, we should always consider it together with its cash and equity.

Depreciation

837.9 Million
Huntington Bancshares Incorporated (HBAN) is traded on NASDAQ Exchange in USA. It is located in Huntington Center, Columbus, OH, United States, 43287 and employs 19,805 people. Huntington Bancshares is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 21.73 B. Huntington Bancshares conducts business under Banks sector and is part of Financials industry. The entity has 1.45 B outstanding shares of which 26.93 M shares are currently shorted by private and institutional investors with about 2.15 trading days to cover. Huntington Bancshares Incorporated currently holds about 4.62 B in cash with 2.66 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.2.
Check Huntington Bancshares Probability Of Bankruptcy
Ownership Allocation
Huntington Bancshares Incorporated has a total of 1.45 Billion outstanding shares. The majority of Huntington Bancshares outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Huntington Bancshares to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Huntington Bancshares Incorporated. Please pay attention to any change in the institutional holdings of Huntington Bancshares as this could imply that something significant has changed or is about to change at the company. Please note that on May 16, 2022, Senator Tina Smith of US Senate acquired $100k to $250k worth of Huntington Bancshares's common stock.
Check Huntington Ownership Details

Huntington Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
18.7 M
Bank Of America Corp2024-06-30
18.3 M
Victory Capital Management Inc.2024-06-30
18 M
Norges Bank2024-06-30
17.7 M
Dimensional Fund Advisors, Inc.2024-06-30
15.8 M
Ubs Asset Mgmt Americas Inc2024-06-30
13.1 M
Northern Trust Corp2024-06-30
13.1 M
Goldman Sachs Group Inc2024-06-30
12.4 M
Newport Trust Co.2024-06-30
11.4 M
Vanguard Group Inc2024-06-30
171.8 M
Blackrock Inc2024-06-30
130.3 M
View Huntington Bancshares Diagnostics

Huntington Bancshares Historical Income Statement

At this time, Huntington Bancshares' Income Tax Expense is very stable compared to the past year. As of the 20th of September 2024, Selling General Administrative is likely to grow to about 3 B, while Other Operating Expenses is likely to drop about 109.2 M. View More Fundamentals

Huntington Stock Against Markets

Huntington Bancshares Corporate Management

Susan ShipleyOhio PennsylvaniaProfile
Kendall KowalskiExecutive OfficerProfile
Timothy MillerExecutive OfficerProfile
Zachary WassermanCFO EVPProfile
Marcy HingstGeneral CounselProfile

Additional Information and Resources on Investing in Huntington Stock

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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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
(0.14)
Dividend Share
0.62
Earnings Share
1.06
Revenue Per Share
4.632
Quarterly Revenue Growth
(0.03)
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.