Market Summary
USD11.15+0.37
Delayedas of 27 Mar 2023, 01:04 pm3.43%
HBAN Stock Price
HBAN RSI Chart
HBAN Valuation
HBAN Price/Sales (Trailing)
HBAN Profitability
HBAN Fundamentals
HBAN Revenue
HBAN Earnings
Price Action
52 Week Range
9.9415.74
(Low)(High)
Last 7 days
-3.1%
Last 30 days
-27.8%
Last 90 days
-23.3%
Trailing 12 Months
-27.9%
HBAN Financial Health
HBAN Investor Care
Peers (Alternatives to Huntington Bancshares)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.5T | 387.5B | 7.62% | -7.52% | 26.68 | 6.55 | 2.44% | -5.35% |
MSFT | 2.1T | 204.1B | 11.55% | -7.07% | 30.98 | 10.24 | 10.38% | -5.25% |
GOOG | 1.4T | 282.8B | 15.53% | -24.95% | 22.72 | 4.82 | 9.78% | -21.12% |
AMZN | 1.0T | 514.0B | 2.44% | -40.04% | -369.23 | 1.96 | 9.40% | -108.16% |
| MID-CAP | ||||||||
NYMT | 3.3B | 258.4M | 222.11% | 179.36% | -11.21 | 12.96 | 24.91% | -254.56% |
JBLU | 2.2B | 9.2B | -18.29% | -53.60% | -6.05 | 0.24 | 51.67% | -98.90% |
| SMALL-CAP | ||||||||
PLAY | 1.7B | 1.7B | -14.35% | -19.63% | 13.8 | 0.98 | 61.79% | 371.82% |
TLRY | 1.6B | 602.5M | -7.75% | -62.41% | -2.78 | 2.67 | 18.18% | -18.59% |
BYND | 1.0B | 418.9M | -4.85% | -67.83% | -2.83 | 2.48 | -9.85% | -101.06% |
MFA | 929.5M | 482.4M | -14.27% | -38.99% | -4.01 | 1.93 | 33.15% | -170.42% |
CGC | 923.6M | 478.9M | -20.50% | -75.95% | -0.29 | 1.93 | -31.50% | -634.70% |
NKLA | 769.4M | 50.8M | -35.62% | -84.47% | -0.98 | 15.14 | 1229.98% | -13.59% |
GPRO | 757.3M | 1.1B | -8.47% | -42.21% | 26.25 | 0.69 | -5.82% | -92.23% |
INO | 240.0M | 10.3M | -31.25% | -74.40% | -0.86 | 23.39 | 478.23% | 7.85% |
Financials for Huntington Bancshares
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 12.7% | 5,969 | 5,297 | 4,913 | 4,517 | 4,191 |
| EBITDA | 8.5% | 8,521 | 7,851 | 7,209 | 6,232 | - |
| EBITDA Margin | -3.7% | 1.43* | 1.48* | 1.47* | 1.38* | - |
| Earnings Before Taxes | 12.3% | 2,764 | 2,461 | 2,186 | 1,524 | 1,591 |
| EBT Margin | -0.3% | 0.46* | 0.46* | 0.44* | 0.34* | - |
| Interest Expenses | 6.7% | 5,273 | 4,943 | 4,699 | 4,276 | 4,102 |
| Net Income | 12.2% | 2,238 | 1,994 | 1,777 | 1,223 | 1,295 |
| Net Income Margin | -0.4% | 0.37* | 0.38* | 0.36* | 0.27* | - |
| Free Cahsflow | 30.9% | 3,813 | 2,912 | 2,627 | 2,724 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.0% | 182,906 | 179,402 | 178,782 | 176,856 | 174,064 |
| Cash Equivalents | 53.2% | 6,704 | 4,376 | 3,908 | 4,524 | 5,522 |
| Net PPE | -1.3% | 1,156 | 1,171 | 1,175 | 1,173 | 1,164 |
| Goodwill | 0% | 5,571 | 5,571 | 5,571 | 5,349 | 5,349 |
| Liabilities | 1.8% | 165,137 | 162,231 | 160,803 | 158,375 | 154,746 |
| . Short Term Borrowings | 375.8% | 2,027 | 426 | 3,048 | 652 | 334 |
| Long Term Debt | -4.7% | 9,686 | 10,168 | 7,866 | 6,508 | 7,108 |
| Shareholder's Equity | 3.5% | 17,731 | 17,136 | 17,979 | 18,481 | 19,297 |
| Retained Earnings | 12.9% | 3,419 | 3,029 | 2,691 | 2,408 | 2,202 |
| Additional Paid-In Capital | 0.2% | 15,309 | 15,282 | 15,261 | 15,255 | 15,222 |
| Shares Outstanding | 0.0% | 1,443 | 1,443 | 1,442 | 1,439 | 1,438 |
| Minority Interest | 8.6% | 38.00 | 35.00 | 29.00 | 29.00 | 21.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 27.2% | 4,027 | 3,167 | 2,898 | 3,022 | 2,062 |
| Share Based Compensation | -7.9% | 105 | 114 | 126 | 141 | 129 |
| Cashflow From Investing | 23.1% | -11,609 | -15,097 | -17,153 | -8,941 | -3,962 |
| Cashflow From Financing | 33.6% | 8,764 | 6,561 | 4,908 | 1,854 | 827 |
| Dividend Payments | 0.6% | 897 | 892 | 891 | 822 | 750 |
| Buy Backs | -100.0% | 0.00 | 150 | 650 | 650 | 650 |
Risks for HBAN
What is the probability of a big loss on HBAN?
63.1%
Probability that Huntington Bancshares stock will be more than 20% underwater in next one year
31.5%
Probability that Huntington Bancshares stock will be more than 30% underwater in next one year.
18.9%
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
Returns for HBAN
Cumulative Returns on HBAN
7.0%
10-Year Cumulative Returns
5.3%
7-Year Cumulative Returns
-2.4%
5-Year Cumulative Returns
17.2%
3-Year Cumulative Returns
What are the long-term rolling returns for HBAN?
FIve years rolling returns for Huntington Bancshares.
Annualized Returns
Which funds bought or sold HBAN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -8.67 | -6,115 | 452,885 | 0.01% |
2023-03-10 | MATHER GROUP, LLC. | added | 1.34 | 16,652 | 210,652 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -18.55 | -29,815,600 | 201,901,000 | 0.22% |
2023-03-08 | Capital Asset Advisory Services LLC | added | 0.34 | 37,842 | 406,842 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -9.19 | -83,000 | 2,795,000 | 0.01% |
2023-03-03 | TIAA, FSB | added | 165 | 352,838 | 544,838 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 24,675 | 24,675 | -% |
2023-03-01 | Regal Investment Advisors LLC | added | 13.44 | 70,886 | 404,886 | 0.04% |
2023-02-28 | Voya Investment Management LLC | added | 3.63 | 709,304 | 7,250,300 | 0.01% |
2023-02-27 | Objective Capital Management, LLC | added | 1.04 | 20,617 | 281,617 | 0.28% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Huntington Bancshares News
Schedule 13G FIlings of Huntington Bancshares
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
HBAN Fair Value
Huntington Bancshares fair value in different scenarios
The table shows the Fair Value estimates for Huntington Bancshares for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 18.68 67.53% | 24.10 116.14% | 41.90 275.78% | 65.44 486.91% | 89.33 701.17% |
| Current Inflation | 16.91 51.66% | 21.54 93.18% | 36.72 229.33% | 56.65 408.07% | 76.72 588.07% |
| Very High Inflation | 14.73 32.11% | 18.44 65.38% | 30.63 174.71% | 46.44 316.50% | 62.23 458.12% |
Historical Huntington Bancshares Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Huntington Bancshares
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 09, 2023 | ARS | ARS | |
| Mar 09, 2023 | DEF 14A | DEF 14A | |
| Mar 09, 2023 | DEFA14A | DEFA14A | |
| Mar 06, 2023 | 8-A12B | 8-A12B | |
| Mar 06, 2023 | 8-K | Current Report | |
| Mar 06, 2023 | CERT | CERT | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for HBAN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-01 | Houston Helga | acquired | - | - | 55,555 | senior exec. v. p. |
2023-03-01 | Pierce Sandra E. | acquired | - | - | 49,019 | senior exec. v.p. |
2023-03-01 | Kleinman Scott D | acquired | - | - | 58,823 | senior exec. v.p. |
2023-03-01 | Tutkovics Julie C | acquired | - | - | 29,411 | senior exec. v.p. |
2023-03-01 | Heller Paul G | acquired | - | - | 73,529 | sr. evp & chief technology off |
2023-03-01 | Standridge Brantley J | acquired | - | - | 65,359 | senior exec. v.p. |
2023-03-01 | Dennis Donald Lee | acquired | - | - | 6,535 | executive v.p. |
2023-03-01 | STEINOUR STEPHEN D | acquired | - | - | 176,470 | president, ceo & chairman |
2023-03-01 | Wasserman Zachary Jacob | acquired | - | - | 65,359 | cfo and senior exec. v.p. |
2023-03-01 | Litsey Jana J | acquired | - | - | 49,019 | sevp and general counsel |
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.
HBAN Income Statement
2022-12-31Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Interest and fee income: | |||
| Loans and leases | $ 4,816,000 | $ 3,636,000 | $ 3,085,000 |
| Available-for-sale securities | |||
| Taxable | 576,000 | 261,000 | 237,000 |
| Tax-exempt | 74,000 | 56,000 | 61,000 |
| Held-to-maturity securities-taxable | 351,000 | 174,000 | 215,000 |
| Other securities-taxable | 27,000 | 10,000 | 6,000 |
| Other interest income | 125,000 | 54,000 | 43,000 |
| Total interest income | 5,969,000 | 4,191,000 | 3,647,000 |
| Interest expense | |||
| Deposits | 363,000 | 45,000 | 197,000 |
| Short-term borrowings | 46,000 | 1,000 | 13,000 |
| Long-term debt | 287,000 | 43,000 | 213,000 |
| Total interest expense | 696,000 | 89,000 | 423,000 |
| Net interest income | 5,273,000 | 4,102,000 | 3,224,000 |
| Provision for credit losses | 289,000 | 25,000 | 1,048,000 |
| Net interest income after provision for credit losses | 4,984,000 | 4,077,000 | 2,176,000 |
| Service charges on deposit accounts | 384,000 | 372,000 | 301,000 |
| Card and payment processing income | 374,000 | 334,000 | 248,000 |
| Capital markets fees | 252,000 | 151,000 | 125,000 |
| Trust and investment management services | 249,000 | 232,000 | 189,000 |
| Mortgage banking income | 144,000 | 309,000 | 366,000 |
| Leasing revenue | 126,000 | 99,000 | 21,000 |
| Insurance income | 117,000 | 105,000 | 97,000 |
| Gain on sale of loans | 57,000 | 9,000 | 42,000 |
| Bank owned life insurance income | 56,000 | 69,000 | 64,000 |
| Net gains (losses) on sales of securities | 0 | 9,000 | (1,000) |
| Other noninterest income | 222,000 | 200,000 | 139,000 |
| Total noninterest income | 1,981,000 | 1,889,000 | 1,591,000 |
| Personnel costs | 2,401,000 | 2,335,000 | 1,692,000 |
| Outside data processing and other services | 610,000 | 850,000 | 384,000 |
| Equipment | 269,000 | 248,000 | 180,000 |
| Net occupancy | 246,000 | 277,000 | 158,000 |
| Marketing | 91,000 | 89,000 | 38,000 |
| Professional services | 77,000 | 113,000 | 55,000 |
| Deposit and other insurance expense | 67,000 | 51,000 | 32,000 |
| Amortization of intangibles | 53,000 | 48,000 | 41,000 |
| Lease financing equipment depreciation | 45,000 | 41,000 | 1,000 |
| Other noninterest expense | 342,000 | 323,000 | 214,000 |
| Total noninterest expense | 4,201,000 | 4,375,000 | 2,795,000 |
| Income before income taxes | 2,764,000 | 1,591,000 | 972,000 |
| Provision for income taxes | 515,000 | 294,000 | 155,000 |
| Income after income taxes | 2,249,000 | 1,297,000 | 817,000 |
| Income attributable to non-controlling interest | 11,000 | 2,000 | 0 |
| Net income attributable to Huntington Bancshares Inc | 2,238,000 | 1,295,000 | 817,000 |
| Dividends on preferred shares | 113,000 | 131,000 | 100,000 |
| Impact of preferred stock redemption | 0 | 11,000 | 0 |
| Net income available to common shares | $ 2,125,000 | $ 1,153,000 | $ 717,000 |
| Average common shares—basic (in shares) | 1,441,279 | 1,262,435 | 1,017,117 |
| Average common shares—diluted (in shares) | 1,465,220 | 1,286,733 | 1,032,683 |
| Per common share: | |||
| Net income - basic (in USD per share) | $ 1.47 | $ 0.91 | $ 0.71 |
| Net income - diluted (in USD per share) | $ 1.45 | $ 0.90 | $ 0.69 |
HBAN Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | ||
|---|---|---|---|---|
| Assets | ||||
| Cash and due from banks | $ 1,796 | $ 1,811 | ||
| Interest-bearing deposits at Federal Reserve Bank | 4,908 | 3,711 | ||
| Interest-bearing deposits in banks | 214 | 392 | ||
| Trading account securities | 19 | 46 | ||
| Available-for-sale securities | 23,423 | 28,460 | ||
| Held-to-maturity securities | 17,052 | 12,447 | ||
| Other securities | 854 | 648 | ||
| Loans held for sale (includes $520 and $1,270 respectively, measured at fair value)(1) | [1] | 529 | 1,676 | |
| Loans and leases (includes $185 and $171 respectively, measured at fair value)(1) | [1] | 119,523 | 111,267 | |
| Allowance for loan and lease losses | (2,121) | (2,030) | ||
| Net loans and leases | 117,402 | 109,237 | ||
| Bank owned life insurance | 2,753 | 2,765 | ||
| Accrued income and other receivables | 1,573 | 1,319 | ||
| Premises and equipment | 1,156 | 1,164 | ||
| Goodwill | 5,571 | 5,349 | ||
| Servicing rights and other intangible assets | 712 | 611 | ||
| Other assets | 4,944 | 4,428 | ||
| Total assets | 182,906 | 174,064 | ||
| Deposits: | ||||
| Demand deposits—noninterest-bearing | 38,242 | 43,236 | ||
| Interest-bearing | 109,672 | 100,027 | ||
| Total deposits | 147,914 | 143,263 | ||
| Short-term borrowings | 2,027 | 334 | ||
| Long-term debt | 9,686 | 7,108 | ||
| Other liabilities | 5,510 | 4,041 | ||
| Total liabilities | 165,137 | 154,746 | ||
| Commitments and Contingent Liabilities (Note 22) | ||||
| Shareholders’ equity | ||||
| Preferred stock | 2,167 | 2,167 | ||
| Common stock | 14 | 14 | ||
| Capital surplus | 15,309 | 15,222 | ||
| Less treasury shares, at cost | (80) | (79) | ||
| Accumulated other comprehensive (loss) gain | (3,098) | (229) | ||
| Retained earnings | 3,419 | 2,202 | ||
| Total Huntington Bancshares Inc shareholders’ equity | 17,731 | 19,297 | ||
| Non-controlling interest | 38 | 21 | ||
| Total equity | 17,769 | 19,318 | ||
| Total liabilities and shareholders’ equity | $ 182,906 | $ 174,064 | ||
| Common shares authorized (par value of $0.01) (in shares) | 2,250,000,000 | 2,250,000,000 | ||
| Common shares outstanding (in shares) | 1,443,068,036 | 1,437,742,172 | ||
| Treasury shares outstanding (in shares) | 6,322,052 | 6,298,288 | ||
| Preferred stock, authorized shares (in shares) | 6,617,808 | 6,617,808 | ||
| Preferred shares outstanding (in shares) | 557,500 | 557,500 | ||
| ||||