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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 |
Ameritas Investment Company LLC Sells 1,711 Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN)
Ameritas Investment Company LLC reduced its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 34.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned...
Huntington Bancshares (NASDAQ:HBAN) Trading 4.6% Higher
Huntington Bancshares Incorporated (NASDAQ:HBAN)’s share price traded up 4.6% during mid-day trading on Wednesday . The company traded as high as $7.67 and last traded at $7.77, 1,014,803 shares were traded during trading. A decline of 95% from the average...
Piper Sandler Weighs in on Huntington Bancshares Incorporated's Q1 2020 Earnings (NASDAQ:HBAN)
Huntington Bancshares Incorporated (NASDAQ:HBAN) – Stock analysts at Piper Sandler cut their Q1 2020 earnings estimates for shares of Huntington Bancshares in a research note issued to investors on Tuesday, March 24th. Piper Sandler analyst R. Siefers now expects that...
Huntington Bancshares (NASDAQ:HBAN) Downgraded by ValuEngine to Sell
Huntington Bancshares (NASDAQ:HBAN) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Wednesday, ValuEngine reports. Other equities analysts have also issued reports about the stock. Raymond James lowered their...
Huntington Bancshares (NASDAQ:HBAN) Now Covered by DA Davidson
Investment analysts at DA Davidson started coverage on shares of Huntington Bancshares (NASDAQ:HBAN) in a research note issued on Monday, TipRanks reports. The brokerage set a “hold” rating and a $8.00 price target on the bank’s stock. DA Davidson’s target...
Top SBA Lenders Could Benefit From Coronavirus Stimulus
Live Oak Bancshares, Wells Fargo, Huntington Bancshares, and U.S. Bancorp have the infrastructure in place and already excel in small-business lending.
Huntington Bancshares (NASDAQ:HBAN) Rating Increased to Hold at ValuEngine
ValuEngine upgraded shares of Huntington Bancshares (NASDAQ:HBAN) from a sell rating to a hold rating in a research report sent to investors on Tuesday, ValuEngine reports. HBAN has been the subject of a number of other research reports. BidaskClub downgraded...
Bank of America Corp DE Sells 46,874 Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN)
Bank of America Corp DE lessened its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,501,046 shares...
Huntington Bancshares (NASDAQ:HBAN) Trading Down 7.8% on Analyst Downgrade
Huntington Bancshares Incorporated (NASDAQ:HBAN)’s stock price fell 7.8% on Wednesday after Morgan Stanley lowered their price target on the stock from $13.50 to $13.00. Morgan Stanley currently has an equal weight rating on the stock. Huntington Bancshares traded as low...
Wedbush Research Analysts Decrease Earnings Estimates for Huntington Bancshares Incorporated (NASDAQ:HBAN)
Huntington Bancshares Incorporated (NASDAQ:HBAN) – Investment analysts at Wedbush dropped their Q3 2020 earnings per share (EPS) estimates for shares of Huntington Bancshares in a report issued on Monday, March 16th. Wedbush analyst P. Winter now expects that the bank...
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