See more : Uswe Sports AB (publ) (USWE.ST) Income Statement Analysis – Financial Results
Complete financial analysis of Huntington Bancshares Incorporated (HBANN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Huntington Bancshares Incorporated, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- PT Asuransi Tugu Pratama Indonesia Tbk (TUGU.JK) Income Statement Analysis – Financial Results
- Puig Brands SA (PUIG.MC) Income Statement Analysis – Financial Results
- Jiangnan Group Limited (1366.HK) Income Statement Analysis – Financial Results
- Lockheed Martin Corporation (LMT.MX) Income Statement Analysis – Financial Results
- Kaiser Aluminum Corporation (KALU) Income Statement Analysis – Financial Results
Huntington Bancshares Incorporated (HBANN)
About Huntington Bancshares Incorporated
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company operates through four business 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, consumer loans, mortgage loans, credit cards, and small business loans, as well as investment products. It also provides insurance, interest rate risk protection, foreign exchange, and treasury management services, as well as online, mobile, and telephone banking services. The Commercial Banking segment offers banking solutions and asset finance services; corporate risk management services; institutional sales, trading, and underwriting services; institutional corporate banking services; treasury management services; and other financing solutions, as well as lends real estate developers, REITs, and other customers. 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 provides deposits, lending, banking, wealth management, investment and portfolio management, fiduciary administration, trust, retirement plan, and institutional and mutual fund custody services. As of January 23, 2020, the company operated through 868 full-service branches, including 12 private client group offices, and 1,448 automated teller machines located in 7 Midwestern states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.95B | 7.25B | 5.99B | 4.82B | 4.67B | 4.51B | 4.31B | 3.52B | 2.99B | 2.82B | 2.70B | 2.81B | 2.61B | 2.66B | 2.43B | 2.24B | 1.98B | 1.57B | 1.59B | 1.73B | 1.92B | 1.67B | 1.51B | 1.44B | 1.62B | 1.46B | 1.37B | 1.03B | 973.00M | 991.50M | 1.10B | 846.40M | 661.20M | 577.50M | 528.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.00 | 5.97B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 6.95B | 1.29B | 5.99B | 4.82B | 4.67B | 4.51B | 4.31B | 3.52B | 2.99B | 2.82B | 2.70B | 2.81B | 2.61B | 2.66B | 2.43B | 2.24B | 1.98B | 1.57B | 1.59B | 1.73B | 1.92B | 1.67B | 1.51B | 1.44B | 1.62B | 1.46B | 1.37B | 1.03B | 973.00M | 991.50M | 1.10B | 846.40M | 661.20M | 577.50M | 528.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 100.00% | 17.71% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.83B | 2.47B | 2.39B | 1.72B | 1.69B | 1.62B | 1.60B | 1.40B | 1.17B | 1.10B | 1.05B | 1.06B | 990.24M | 933.56M | 897.13M | 858.71M | 729.58M | 605.63M | 481.66M | 485.81M | 447.26M | 440.76M | 478.64M | 421.75M | 419.90M | 428.60M | 388.80M | 0.00 | 0.00 | 0.00 | 0.00 | 240.20M | 201.00M | 182.70M | 163.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 115.00M | 91.00M | 89.00M | 38.00M | 37.00M | 53.00M | 60.00M | 62.96M | 52.21M | 50.56M | 51.19M | 64.26M | 75.63M | 65.92M | 33.05M | 32.66M | 46.04M | 31.73M | 28.08M | 26.49M | 27.49M | 27.91M | 31.06M | 34.88M | 31.10M | 32.30M | 24.70M | 0.00 | 0.00 | 0.00 | 0.00 | 12.20M | 9.20M | 20.20M | 25.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.95B | 2.56B | 2.48B | 1.76B | 1.73B | 1.68B | 1.66B | 1.47B | 1.22B | 1.15B | 1.10B | 1.12B | 1.07B | 999.48M | 930.18M | 891.37M | 775.62M | 637.36M | 509.74M | 512.30M | 474.75M | 468.67M | 509.70M | 456.63M | 451.00M | 460.90M | 413.50M | 0.00 | 0.00 | 0.00 | 0.00 | 252.40M | 210.20M | 202.90M | 188.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 4.41B | -1.23B | -6.88B | -5.61B | -4.73B | -3.80B | -807.00M | -741.43M | 0.00 | 0.00 | 0.00 | 0.00 | 7.36M | 13.72M | 59.06M | -3.43B | -2.73B | -1.69B | -1.56B | -1.69B | -1.88B | -1.55B | -1.84B | -1.43B | -1.45B | -1.48B | -1.32B | -633.00M | -594.50M | -625.00M | -738.20M | -898.40M | -705.00M | -665.60M | -573.70M | 87.60M | 47.80M | 64.70M | 52.50M |
| Operating Expenses | 7.36B | 91.00M | -4.40B | -3.84B | -3.01B | -2.12B | 807.00M | 741.43M | 1.98B | 1.88B | 1.76B | 1.82B | 1.07B | 1.01B | 989.24M | -2.53B | -1.96B | -1.06B | -1.05B | -1.18B | -1.41B | -1.08B | -1.33B | -976.10M | -1.00B | -1.02B | -910.80M | -633.00M | -594.50M | -625.00M | -738.20M | -646.00M | -494.80M | -462.70M | -384.90M | 87.60M | 47.80M | 64.70M | 52.50M |
| Cost & Expenses | 7.36B | 91.00M | -4.40B | -3.84B | -3.01B | -2.12B | 3.33B | 2.86B | 1.98B | 1.88B | 1.76B | 1.82B | 1.07B | 1.01B | 989.24M | -2.53B | -1.96B | -1.06B | -1.05B | -1.18B | -1.41B | -1.08B | -1.33B | -976.10M | -1.00B | -1.02B | -910.80M | -633.00M | -594.50M | -625.00M | -738.20M | -646.00M | -494.80M | -462.70M | -384.90M | 87.60M | 47.80M | 64.70M | 52.50M |
| Interest Income | 8.92B | 5.97B | 4.19B | 3.65B | 4.20B | 3.95B | 3.43B | 2.63B | 2.11B | 1.98B | 1.86B | 1.93B | 1.97B | 2.15B | 2.24B | 2.80B | 2.74B | 2.07B | 1.64B | 1.35B | 1.31B | 1.53B | 1.94B | 2.11B | 2.03B | 2.00B | 1.98B | 1.51B | 1.46B | 1.22B | 1.09B | 1.02B | 1.04B | 1.10B | 1.02B | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.48B | 696.00M | 89.00M | 423.00M | 988.00M | 760.00M | 431.00M | 262.80M | 163.78M | 139.32M | 156.03M | 219.74M | 341.06M | 526.59M | 813.86M | 1.27B | 1.44B | 1.05B | 679.35M | 435.94M | 456.77M | 547.78M | 943.34M | 1.17B | 984.20M | 978.30M | 954.30M | 751.70M | 737.30M | 463.70M | 440.00M | 412.60M | 558.20M | 678.40M | 631.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 280.00M | 267.00M | 160.00M | 165.00M | 183.00M | 179.00M | 156.31M | 27.87M | 39.28M | 41.36M | 46.55M | 53.32M | 60.48M | 68.31M | 76.89M | 127.26M | 111.65M | 191.34M | 325.13M | 488.09M | 58.13M | 101.23M | 110.91M | 112.50M | 81.00M | 63.40M | 85.60M | 68.80M | 84.20M | 127.50M | 69.10M | 39.70M | 35.70M | 29.70M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 3.25B | 1.98B | 1.34B | 2.05B | 2.12B | 1.81B | 1.30B | 1.25B | 1.19B | 1.15B | 1.10B | 989.34M | 412.79M | -3.45B | -167.97M | 149.90M | 625.71M | 734.91M | 1.03B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 87.60M | 47.80M | 64.70M | 52.50M |
| EBITDA Ratio | 0.00% | 54.22% | 28.01% | 21.04% | 36.60% | 63.88% | 33.65% | 25.82% | 31.49% | 31.68% | 33.15% | 31.04% | 29.14% | 15.51% | -148.56% | -9.79% | 7.58% | 39.87% | 46.08% | 50.74% | 52.07% | 38.80% | 18.23% | 39.75% | 45.02% | 35.72% | 38.15% | 46.95% | 45.97% | 45.46% | 44.58% | 31.84% | 31.17% | 26.06% | 32.79% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 2.38B | 3.84B | 1.59B | 972.00M | 1.66B | 2.39B | 1.39B | 878.18M | 913.61M | 852.99M | 854.56M | 825.12M | 707.23M | 352.31M | -3.68B | -296.01M | 22.64M | 514.06M | 543.57M | 552.67M | 510.66M | 589.23M | 173.28M | 459.90M | 614.80M | 440.20M | 459.20M | 398.80M | 378.50M | 366.50M | 363.80M | 200.40M | 166.40M | 114.80M | 143.60M | 87.60M | 47.80M | 64.70M | 52.50M |
| Operating Income Ratio | 34.33% | 52.87% | 26.52% | 20.19% | 35.55% | 52.95% | 32.35% | 24.95% | 30.56% | 30.29% | 31.62% | 29.38% | 27.10% | 13.24% | -151.37% | -13.22% | 1.14% | 32.75% | 34.09% | 31.95% | 26.62% | 35.31% | 11.51% | 32.03% | 38.06% | 30.17% | 33.52% | 38.65% | 38.90% | 36.96% | 33.01% | 23.68% | 25.17% | 19.88% | 27.17% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 0.00 | -534.00M | -414.00M | -283.00M | -300.00M | -337.00M | -510.00M | -534.83M | -293.40M | -305.47M | -221.49M | -134.83M | 2.33M | 306.35M | -228.04M | 0.00 | -127.26M | -111.65M | 0.00 | -13.19M | 13.33M | -1.04B | -1.51B | -1.28B | -1.10B | -1.06B | -1.02B | -972.50M | -806.10M | -547.90M | -567.50M | -481.70M | -597.90M | -714.10M | -660.90M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 2.38B | 2.76B | 1.59B | 972.00M | 1.66B | 1.63B | 1.39B | 878.18M | 913.61M | 852.99M | 854.56M | 825.12M | 707.23M | 352.31M | -3.68B | -296.01M | 22.64M | 514.06M | 543.57M | 552.67M | 523.99M | 589.23M | 173.28M | 459.90M | 614.80M | 440.20M | 459.20M | 398.80M | 378.50M | 366.50M | 363.80M | 200.40M | 166.40M | 114.80M | 143.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 34.33% | 38.10% | 26.56% | 20.19% | 35.55% | 36.10% | 32.35% | 24.95% | 30.56% | 30.29% | 31.62% | 29.38% | 27.10% | 13.24% | -151.37% | -13.22% | 1.14% | 32.75% | 34.09% | 31.95% | 27.32% | 35.31% | 11.51% | 32.03% | 38.06% | 30.17% | 33.52% | 38.65% | 38.90% | 36.96% | 33.01% | 23.68% | 25.17% | 19.88% | 27.17% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 413.00M | 515.00M | 294.00M | 155.00M | 248.00M | 235.00M | 208.00M | 193.05M | 220.65M | 220.59M | 215.81M | 184.10M | 164.62M | 39.96M | -584.00M | -182.20M | -52.53M | 52.84M | 131.48M | 153.74M | 138.29M | 226.00M | -5.24M | 131.45M | 192.70M | 138.40M | 166.50M | 136.70M | 134.00M | 123.90M | 126.90M | 61.40M | 49.40M | 29.60M | 35.60M | -87.60M | -47.80M | -64.70M | -52.50M |
| Net Income | 1.95B | 2.24B | 1.30B | 817.00M | 1.41B | 1.39B | 1.19B | 685.12M | 692.96M | 632.39M | 638.74M | 641.02M | 542.61M | 312.35M | -3.09B | -113.81M | 75.17M | 461.22M | 412.09M | 398.93M | 372.36M | 363.23M | 178.52M | 328.45M | 422.10M | 301.80M | 292.70M | 262.10M | 244.50M | 242.60M | 236.90M | 139.00M | 117.00M | 85.20M | 108.00M | 87.60M | 47.80M | 64.70M | 52.50M |
| Net Income Ratio | 28.09% | 30.85% | 21.62% | 16.97% | 30.23% | 30.89% | 27.52% | 19.47% | 23.18% | 22.45% | 23.63% | 22.83% | 20.79% | 11.74% | -127.34% | -5.08% | 3.80% | 29.39% | 25.84% | 23.06% | 19.41% | 21.77% | 11.86% | 22.87% | 26.13% | 20.68% | 21.36% | 25.40% | 25.13% | 24.47% | 21.50% | 16.42% | 17.70% | 14.75% | 20.44% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 1.26 | 1.47 | 0.91 | 0.70 | 1.29 | 1.33 | 1.02 | 0.69 | 0.82 | 0.73 | 0.73 | 0.71 | 0.59 | 0.19 | -5.81 | -0.31 | 0.25 | 1.95 | 1.79 | 1.74 | 1.62 | 1.34 | 0.54 | 1.30 | 1.63 | 1.18 | 1.27 | 1.31 | 1.11 | 1.11 | 1.04 | 0.73 | 0.65 | 0.62 | 0.91 | 0.60 | 0.32 | 0.51 | 0.49 |
| EPS Diluted | 1.24 | 1.45 | 0.90 | 0.69 | 1.27 | 1.33 | 1.00 | 0.67 | 0.81 | 0.72 | 0.72 | 0.71 | 0.59 | 0.19 | -5.81 | -0.31 | 0.25 | 1.92 | 1.77 | 1.71 | 1.61 | 1.33 | 0.54 | 1.29 | 1.62 | 1.17 | 1.25 | 1.29 | 1.11 | 1.11 | 1.02 | 0.72 | 0.65 | 0.62 | 0.91 | 0.59 | 0.32 | 0.50 | 0.48 |
| Weighted Avg Shares Out | 1.45B | 1.44B | 1.26B | 1.02B | 1.04B | 1.05B | 1.08B | 904.44M | 803.41M | 819.92M | 834.21M | 857.96M | 863.69M | 726.93M | 532.80M | 366.16M | 300.91M | 236.70M | 230.14M | 229.91M | 229.40M | 242.28M | 249.62M | 252.65M | 258.96M | 255.83M | 230.47M | 232.29M | 221.77M | 219.37M | 228.61M | 191.14M | 181.29M | 137.84M | 118.81M | 146.01M | 150.24M | 126.01M | 107.81M |
| Weighted Avg Shares Out (Dil) | 1.47B | 1.47B | 1.29B | 1.03B | 1.06B | 1.05B | 1.14B | 918.79M | 817.13M | 833.08M | 843.97M | 863.40M | 867.62M | 729.53M | 532.80M | 366.16M | 303.46M | 239.92M | 233.48M | 233.86M | 231.58M | 244.01M | 249.62M | 254.61M | 260.56M | 258.28M | 234.16M | 235.89M | 226.34M | 220.14M | 232.69M | 193.56M | 181.29M | 137.84M | 118.81M | 148.26M | 150.24M | 128.35M | 110.01M |
Mark E. Thompson Sells 11,464 Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) Stock
Huntington Bancshares Incorporated (NASDAQ:HBAN) EVP Mark E. Thompson sold 11,464 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $8.68, for a total value of $99,507.52. Following the...
DA Davidson Weighs in on Huntington Bancshares Incorporated's FY2020 Earnings (NASDAQ:HBAN)
Huntington Bancshares Incorporated (NASDAQ:HBAN) – Stock analysts at DA Davidson decreased their FY2020 EPS estimates for Huntington Bancshares in a research report issued to clients and investors on Monday, April 27th. DA Davidson analyst D. Konrad now anticipates that the...
Fitch downgrades seven consumer lenders, including Amex, Capital One
Ally, Synchrony, Discover, Sallie Mae and Navient are the other lenders the ratings firm downgraded, citing the impact that the coronavirus crisis is having on their revenues and profits.
A Quarter Of All S&P 500 Companies Have Pulled Outlooks So Far
Since the start of the year, at least 130 firms, or 26% of S&P 500 constituents, have pulled or reneged on their quarterly or full-year projections for sales or earnings. That compared with zero withdrawals for all of 2019.
Huntington Bancshares (NASDAQ:HBAN) PT Lowered to $10.00
Huntington Bancshares (NASDAQ:HBAN) had its price target decreased by investment analysts at Raymond James from $11.50 to $10.00 in a research report issued to clients and investors on Monday, BenzingaRatingsTable reports. The brokerage presently has an “outperform” rating on the...
The Senior EVP of Principal Sub. of Huntington Bancshares (HBAN) is Selling Shares
Today, the Senior EVP of Principal Sub. of Huntington Bancshares (HBAN), Mark E. Thompson, sold shares of HBAN for $99.51K. See today’s analyst top
Analysts Offer Insights on Financial Companies: CyrusOne (CONE) and First Merchants (FRME)
There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on CyrusOne (CONE) and First Merchants (FRME) with bullish
MUFG Americas Holdings Corp Grows Holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN)
MUFG Americas Holdings Corp raised its position in Huntington Bancshares Incorporated (NASDAQ:HBAN) by 3.3% in the first quarter, Holdings Channel reports. The institutional investor owned 238,585 shares of the bank’s stock after purchasing an additional 7,612 shares during the period....
First Hawaiian Bank Decreases Stock Holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN)
First Hawaiian Bank decreased its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 65.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,157 shares...
Q4 2020 EPS Estimates for Huntington Bancshares Incorporated Reduced by Piper Sandler (NASDAQ:HBAN)
Huntington Bancshares Incorporated (NASDAQ:HBAN) – Piper Sandler dropped their Q4 2020 earnings estimates for Huntington Bancshares in a research note issued to investors on Thursday, April 23rd. Piper Sandler analyst R. Siefers now anticipates that the bank will post earnings...
Source: https://incomestatements.info
Category: Stock Reports