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Huntington Bancshares Inc Stock Research

HBAN

10.39USD-0.11(-1.05%)Market Closed
Watchlist

Market Summary

USD10.39-0.11
Market Closed
-1.05%

HBAN Alerts

  • Big jump in Revenue (Y/Y)

HBAN Stock Price

HBAN RSI Chart

HBAN Valuation

Market Cap

15.2B

Price/Earnings (Trailing)

6.33

Price/Sales (Trailing)

1.98

EV/EBITDA

2.04

Price/Free Cashflow

5.4

HBAN Price/Sales (Trailing)

HBAN Profitability

EBT Margin

43.33%

Return on Equity

12.69%

Return on Assets

1.26%

Free Cashflow Yield

18.52%

HBAN Fundamentals

HBAN Revenue

Revenue (TTM)

7.7B

Revenue Y/Y

67.17%

Revenue Q/Q

9.71%

HBAN Earnings

Earnings (TTM)

2.4B

Earnings Y/Y

3.71%

Earnings Q/Q

-7.14%

Price Action

52 Week Range

9.1315.74
(Low)(High)

Last 7 days

-0.1%

Last 30 days

-5.7%

Last 90 days

1.8%

Trailing 12 Months

-24.5%

HBAN Financial Health

Debt/Equity

0.7

Debt/Cashflow

0.25

HBAN Investor Care

Dividend Yield

5.9%

Dividend/Share (TTM)

0.62

Shares Dilution (1Y)

0.46%

Diluted EPS (TTM)

1.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for HBAN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-09
Houston Helga
sold
-146,992
11.97
-12,280
senior exec. v. p.
2023-08-09
Houston Helga
gifted
-
-
-4,200
senior exec. v. p.
2023-08-09
Heller Paul G
acquired
542,858
8.57
63,344
sr. evp & chief technology off
2023-08-09
Heller Paul G
sold (taxes)
-638,381
11.895
-53,668
sr. evp & chief technology off
2023-08-09
Heller Paul G
sold
-283,215
11.8915
-23,816
sr. evp & chief technology off
2023-08-02
Dennis Donald Lee
sold (taxes)
-2,949
12.24
-241
executive v.p.
2023-07-25
Sit Roger J
acquired
36,625
12.1891
3,004
-
2023-07-25
Diaz-Granados Rafael
acquired
22,417
12.1891
1,839
-
2023-07-25
Phelan Kenneth J
acquired
40,750
12.1891
3,343
-
2023-07-25
CRANE ANN B
acquired
40,125
12.1891
3,291
-

1–10 of 50

Which funds bought or sold HBAN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
34.65
13,156
57,598
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-29.00
733
-%
2023-08-23
Stonebridge Capital Advisors LLC
added
1.23
-819
31,090
-%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-42.00
-310,173
397,827
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
6,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.54
-1,652,180
25,017,400
0.04%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-1.58
-77,000
1,398,000
0.01%
2023-08-21
BOKF, NA
reduced
-18.33
-25,841
94,929
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-6.48
-627,931
5,652,840
0.01%
2023-08-21
VESTOR CAPITAL, LLC
unchanged
-
-6,000
139,000
0.01%

1–10 of 47

Latest Funds Activity

Are funds buying HBAN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HBAN
No. of Funds

Schedule 13G FIlings of Huntington Bancshares

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
5.3%
75,907,624
SC 13G
Feb 09, 2023
vanguard group inc
11.75%
169,503,604
SC 13G/A
Jan 31, 2023
state street corp
5.14%
74,198,903
SC 13G/A
Jan 27, 2023
blackrock inc.
9.5%
136,929,645
SC 13G
Jan 24, 2023
blackrock inc.
9.5%
136,929,645
SC 13G
Feb 14, 2022
boston partners
2.85%
41,286,102
SC 13G/A
Feb 11, 2022
state street corp
5.52%
79,826,930
SC 13G/A
Feb 10, 2022
vanguard group inc
11.09%
160,441,341
SC 13G/A
Feb 01, 2022
blackrock inc.
8.9%
129,122,618
SC 13G/A
Feb 16, 2021
integrated wealth concepts llc
5.25%
52,529
SC 13G

Recent SEC filings of Huntington Bancshares

View All Filings
Date Filed Form Type Document
Sep 15, 2023
8-K
Current Report
Aug 21, 2023
8-K
Current Report
Aug 16, 2023
424B2
Prospectus Filed
Aug 14, 2023
424B3
Prospectus Filed
Aug 14, 2023
FWP
Prospectus Filed
Aug 11, 2023
13F-NT
13F-NT
Aug 11, 2023
4
Insider Trading
Aug 11, 2023
4
Insider Trading
Aug 09, 2023
144
Notice of Insider Sale Intent
Aug 09, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to Huntington Bancshares)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
383.9B
-0.20% 12.03%
28.98
7.15
-0.93% -4.89%
2.4T
211.9B
-0.34% 32.68%
32.95
11.25
6.88% -0.52%
1.7T
289.5B
4.39% 32.17%
27.89
5.87
4.10% -15.36%
1.4T
538.0B
0.45% 10.72%
106.74
2.59
10.73% 12.62%
MID-CAP
1.5B
9.9B
-27.42% -42.17%
56.49
0.15
24.14% 106.11%
825.8M
246.5M
1.69% -8.19%
-5.2
3.35
6.65% -174.04%
SMALL-CAP
1.9B
627.1M
-7.75% -1.79%
-1.34
3.1
-0.20% -204.67%
1.6B
2.2B
-9.03% 2.29%
11.2
0.72
38.20% -10.10%
1.1B
543.3M
3.23% 4.33%
-741.21
1.98
31.74% 78.13%
1.1B
56.2M
-7.62% -69.41%
-1.27
19.1
40.31% -12.26%
659.3M
356.8M
-12.09% -36.06%
-2.35
1.85
-23.03% 15.53%
539.4M
1.0B
-7.43% -34.64%
-20.4
0.52
-11.34% -107.10%
480.0M
453.3M
110.37% -71.69%
-0.39
1.06
-16.04% 55.90%
103.1M
13.7M
-11.56% -79.14%
-0.61
7.55
413.65% 52.51%

Huntington Bancshares News

MarketWatch
Huntington Bancshares Inc. stock underperforms Thursday when compared to competitors.
MarketWatch,
51 minutes ago
Marketscreener.com

Returns for HBAN

Cumulative Returns on HBAN

5.4%


10-Year Cumulative Returns

4.5%


7-Year Cumulative Returns

-4.7%


5-Year Cumulative Returns

5.3%


3-Year Cumulative Returns

Risks for HBAN

What is the probability of a big loss on HBAN?

73.1%


Probability that Huntington Bancshares stock will be more than 20% underwater in next one year

41.5%


Probability that Huntington Bancshares stock will be more than 30% underwater in next one year.

26.5%


Probability that Huntington Bancshares stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HBAN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Huntington Bancshares was unfortunately bought at previous high price.

Drawdowns

Financials for Huntington Bancshares

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue13.1%7,6966,8025,9695,2974,9134,5174,1913,8873,5743,5413,6473,7803,9404,1064,2014,2464,2014,1053,9493,7873,653
EBITDA-100.0%-8,9978,5217,8517,2096,2326,0845,6795,2815,2734,5634,4844,5714,8515,2585,3955,4175,4245,3105,2315,087
EBITDA Margin-100.0%-1.32*1.43*1.48*1.47*1.38*1.45*1.46*1.48*1.49*1.25*1.19*1.16*1.18*1.25*1.27*1.29*1.32*1.34*1.38*1.39*
Interest Expenses1.5%5,6215,5365,2734,9434,6994,2764,1023,7953,4523,4063,2243,1793,1613,1813,2133,2663,2693,2413,1893,1263,082
Earnings Before Taxes1.3%2,9852,9472,7642,4612,1861,5241,5911,4761,3661,5489729691,0501,2961,6591,6781,6791,6641,6281,6491,574
EBT Margin-100.0%-0.43*0.46*0.46*0.44*0.34*0.38*0.38*0.38*0.44*0.27*0.26*0.27*0.32*0.39*0.40*0.40*0.41*0.41*0.44*0.43*
Net Income0.8%2,4002,3802,2381,9941,7771,2231,2951,2101,1361,3018178188871,1011,4111,4281,4341,4251,3931,4911,388
Net Income Margin-100.0%-0.35*0.37*0.38*0.36*0.27*0.31*0.31*0.32*0.37*0.22*0.22*0.23*0.27*0.34*0.34*0.34*0.35*0.35*0.39*0.38*
Free Cashflow-100.0%-3,1423,8132,9122,6272,7241,8151,4351,4325841,2041,8281,3271,4811,4671,3501,8531,8111,6161,8811,878
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.3%188,505189,070182,906179,402178,782176,856174,064173,878175,172125,768123,038120,116118,425113,897109,002108,735108,247108,203108,781105,652105,358
    Cash Equivalents6.8%11,07910,3696,7044,3763,9084,5245,5229,74513,2558,5896,5956,2756,2931,7671,1701,6361,5981,3362,6721,2991,382
  Net PPE-0.7%1,1281,1361,1561,1711,1751,1731,1641,1261,128747757752751743763775774784790827840
  Goodwill0%5,5615,5615,5715,5715,5715,3495,3495,3165,3161,9901,9901,9901,9901,9901,9901,9901,9901,9901,9891,9931,993
Liabilities-0.3%169,667170,259165,137162,231160,803158,375154,746154,379154,641112,168110,045107,199106,111102,12897,20796,82696,57996,77197,67994,71893,886
  Short Term Borrowings-75.6%1,6806,8982,0274263,0486523344353912191832221462,8262,6062,1734,1612,8622,0171,3482,442
  Long Term Debt12.5%14,71113,0729,68610,1687,8666,5087,1087,7797,3427,2108,3529,1749,7539,7969,8499,8748,9739,4008,6259,3859,726
Shareholder's Equity-0.1%18,78818,81117,73117,13617,97918,48119,31819,49920,53113,60012,99312,91712,31411,76911,79511,90911,66811,43211,10210,93411,472
  Retained Earnings7.7%4,0523,7643,4193,0292,6912,4082,2022,0511,9392,2231,8781,7521,6331,6572,0881,9461,7501,5511,3611,196990
  Additional Paid-In Capital0.0%15,33515,33215,30915,28215,26115,25515,22215,35015,8308,8068,7818,7668,7438,7288,8068,9809,0309,1679,1819,35810,038
Shares Outstanding0.3%1,4481,4441,4431,4431,4411,4381,4381,4631,1251,0181,0171,0171,0161,0181,0201,0351,0451,0471,0471,0851,103
Minority Interest-5.7%50.0053.0038.0035.0029.0029.0021.0020.0020.00------------
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-10.4%2,9633,3084,0273,1672,8983,0222,0621,6291,6017141,3231,9351,4321,5751,5741,4801,9761,9291,7261,9921,997
  Share Based Compensation0%90.0090.0010511412614112911410390.0077.0079.0075.0081.0083.0083.0082.0080.0078.0078.0084.00
Cashflow From Investing58.7%-3,536-8,553-11,609-15,097-17,153-8,941-3,962-1,698-284-4,693-8,639-7,266-5,667-5,684-1,877-2,449-2,784-3,402-3,663-4,141-4,744
Cashflow From Financing-30.2%7,74411,0908,7646,5614,9081,8548273,5395,64510,80112,7419,9708,9304,540-1,1991,3061,0241,7403,0892,2542,614
  Dividend Payments0%897897897892891822750685615612614615609604597594569544514449415
  Buy Backs----1506506506505044.004.0092.002843525044414451,068916939876308

HBAN Income Statement

2023-06-30
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest and fee income:    
Loans and leases$ 1,679$ 1,078$ 3,258$ 2,082
Available-for-sale securities    
Taxable252123484213
Tax-exempt26154932
Held-to-maturity securities—taxable10290204156
Other securities—taxable1162111
Other1551923732
Total interest income2,2251,3314,2532,526
Interest expense:    
Deposits5702597636
Short-term borrowings74713414
Long-term debt2353838869
Total interest expense879701,498119
Net interest income1,3461,2612,7552,407
Provision for credit losses926717792
Net interest income after provision for credit losses1,2541,1942,5782,315
Service charges on deposit accounts87105170202
Card and payment processing income10296195182
Capital markets fees575411696
Trust and investment management services6863130128
Mortgage banking income33445993
Leasing revenue25275162
Insurance income30276458
Gain on sale of loans8121140
Bank owned life insurance income16113228
Net (losses) gains on sales of securities(5)0(4)0
Other noninterest income744618395
Total noninterest income4954851,007984
Personnel costs6135771,2621,157
Outside data processing and other services148153299318
Equipment6461128142
Net occupancy5458114122
Marketing32245745
Professional services21193738
Deposit and other insurance expense23202627
Amortization of intangibles13134338
Lease financing equipment depreciation8111625
Other noninterest expense7482154159
Total noninterest expense1,0501,0182,1362,071
Income before income taxes6996611,4491,228
Provision for income taxes134120278225
Income after income taxes5655411,1711,003
Income attributable to non-controlling interest62104
Net income attributable to Huntington5595391,161999
Dividends on preferred shares40286956
Net income available to common shareholders, basic$ 519$ 511$ 1,092$ 943
Average common shares—basic (in shares)1,446,3721,441,2001,444,8201,439,814
Average common shares—diluted (in shares)1,465,7201,463,2931,467,5001,463,810
Per common share:    
Net income—basic (in usd per share)$ 0.36$ 0.35$ 0.76$ 0.65
Net income—diluted (in usd per share)$ 0.35$ 0.35$ 0.74$ 0.64

HBAN Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 1,636$ 1,796
Interest-bearing deposits at Federal Reserve Bank9,4434,908
Interest-bearing deposits in banks210214
Trading account securities12819
Available-for-sale securities23,23323,423
Held-to-maturity securities16,57817,052
Other securities975854
Loans held for sale (includes $758 and $1,270 respectively, measured at fair value)[1]545529
Loans and leases (includes $182 and $171 respectively, measured at fair value)[1]121,225119,523
Allowance for loan and lease losses(2,177)(2,121)
Net loans and leases119,048117,402
Bank owned life insurance2,7572,753
Accrued income and other receivables1,4711,573
Premises and equipment1,1281,156
Goodwill5,5615,571
Servicing rights and other intangible assets690712
Other assets5,1024,944
Total assets188,505182,906
Liabilities  
Demand deposits—noninterest-bearing33,34038,242
Interest-bearing114,688109,672
Total deposits148,028147,914
Short-term borrowings1,6802,027
Long-term debt14,7119,686
Other liabilities5,2485,510
Total liabilities169,667165,137
Commitments and Contingent Liabilities (Note 15)
Shareholders’ Equity  
Preferred stock2,4842,167
Common stock1514
Capital surplus15,33515,309
Less treasury shares, at cost(92)(80)
Accumulated other comprehensive income (loss)(3,006)(3,098)
Retained earnings4,0523,419
Total Huntington shareholders’ equity18,78817,731
Non-controlling interest5038
Total equity18,83817,769
Total liabilities and equity$ 188,505$ 182,906
Common shares authorized (in shares)2,250,000,0002,250,000,000
Common share outstanding (in shares)1,447,882,4341,443,068,036
Treasury shares outstanding (in shares)7,429,6756,322,052
Preferred stock, authorized shares (in shares)6,617,8086,617,808
Preferred shares outstanding (in shares)882,500557,500
[1]Amounts represent loans for which Huntington has elected the fair value option. See Note 12 “Fair Values of Assets and Liabilities”.
Stephen D. Steinour
15693
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. The company operates through four 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, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. 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 offers private banking, wealth and investment management, and retirement plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.