See more : Teka Tecelagem Kuehnrich S.A. (TEKA4.SA) 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.
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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 |
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MAI Capital Management reduced its position in Huntington Bancshares Incorporated (NASDAQ:HBAN) by 5.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 87,986 shares of the bank’s stock after selling 5,531 shares during...
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Huntington Bancshares Incorporated (NASDAQ:HBAN) Shares Sold by Macquarie Group Ltd.
Macquarie Group Ltd. cut its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,300 shares...
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