Huntington Bancshares Inc /Md/ - Understand $hban stock

$HBAN Market Cap: $25.57 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.058B

TTM

Gross Margin

Net Earnings

$1.554B

TTM

Current Assets

Current Liabilities

$868.0M

Q3 2024

Current Ratio

Total Assets

$200.5B

Q3 2024

Total Liabilities

$179.9B

Q3 2024

Book Value

$20.61B

Q3 2024

Cash

$12.59B

Q3 2024

P/E

16.45

Nov 29, 2024 EST

Free Cash Flow

$1.053B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	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	1984	1983
Revenue	$1.400B	$1.318B	$4.191B	$3.647B	$4.201B	$3.949B	$3.433B	$2.632B	$2.115B	$1.976B	$1.861B	$1.930B	$1.970B	$2.145B	$2.238B	$2.798B
YoY Change	6.22%	-68.55%	14.92%	-13.19%	6.38%	15.03%	30.43%	24.44%	7.01%	6.23%	-3.61%	-2.03%	-8.16%	-4.14%	-20.02%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$1.400B	$1.318B	$4.191B	$3.647B	$4.201B	$3.949B	$3.433B	$2.632B	$2.115B	$1.976B	$1.861B	$1.930B	$1.970B	$2.145B	$2.238B	$2.798B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	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
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$798.0M	$484.0M	$391.0M	$367.0M	$386.0M	$493.0M	$413.0M	$379.8M	$341.3M	$332.8M	$281.5M	$274.6M	$282.1M	$286.2M	$228.0M	$244.9M	$127.3M	$111.6M	$173.0M	$306.1M	$350.6M	$463.8M	$468.7M	$110.9M	$112.5M	$81.00M	$63.40M	$91.90M	$76.50M	$84.20M	$127.5M	$76.90M	$45.10M	$35.70M	$29.70M	$23.10M	$26.30M	$19.10M
YoY Change	64.88%	23.79%	6.54%	-4.92%	-21.7%	19.37%	8.74%	11.28%	2.55%	18.22%	2.51%	-2.66%	-1.43%	25.53%	-6.9%	92.38%	14.07%	-35.49%	-43.48%	-12.69%	-24.41%	-1.05%	322.63%	-1.42%	38.89%	27.76%	-31.01%	20.13%	-9.14%	-33.96%	65.8%	70.51%	26.33%	20.2%	28.57%	-12.17%	37.7%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$3.477B	$696.0M	$89.00M	$423.0M	$988.0M	$760.0M	$431.0M	$263.0M	$164.0M	$139.3M	$156.0M	$219.7M	$341.1M	$526.6M	$813.9M	$1.267B
YoY Change	399.57%	682.02%	-78.96%	-57.19%	30.0%	76.33%	63.88%	60.37%	17.71%	-10.71%	-28.99%	-35.57%	-35.23%	-35.3%	-35.75%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	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	1984	1983
Pretax Income	$2.384B	$2.764B	$1.591B	$972.0M	$1.659B	$1.628B	$1.394B	$920.0M	$914.0M	$853.0M	$868.8M	$825.1M	$707.2M	$352.3M	-$3.678B	-$296.0M	$22.60M	$514.1M	$543.6M	$552.7M	$524.0M	$522.7M	$95.50M	$459.9M	$614.8M	$440.1M	$459.2M	$457.3M	$429.1M	$366.5M	$363.8M	$233.4M	$190.1M	$114.8M	$143.6M	$125.8M	$61.30M	$85.30M	$74.60M	$57.90M	$19.90M
YoY Change	-13.75%	73.73%	63.68%	-41.41%	1.9%	16.79%	51.52%	0.66%	7.15%	-1.82%	5.29%	16.67%	100.74%	-109.58%	1142.6%	-1409.77%	-95.6%	-5.43%	-1.65%	5.48%	0.25%	447.33%	-79.23%	-25.2%	39.7%	-4.16%	0.42%	6.57%	17.08%	0.74%	55.87%	22.78%	65.59%	-20.06%	14.15%	105.22%	-28.14%	14.34%	28.84%	190.95%
Income Tax	$413.0M	$515.0M	$294.0M	$155.0M	$248.0M	$235.0M	$208.0M	$208.0M	$221.0M	$220.6M	$227.5M	$202.3M	$164.6M	$39.96M	-$584.0M	-$182.2M	-$52.50M	$52.80M	$131.5M	$153.7M	$138.3M	$199.0M	-$39.30M	$131.4M	$192.7M	$138.4M	$166.5M	$153.0M	$147.3M	$123.9M	$126.9M	$72.40M	$56.20M	$29.60M	$35.60M	$27.70M	$3.900M	$17.40M	$17.10M	$12.60M	-$4.600M
% Of Pretax Income	17.32%	18.63%	18.48%	15.95%	14.95%	14.43%	14.92%	22.61%	24.18%	25.86%	26.18%	24.52%	23.28%	11.34%			-232.3%	10.27%	24.19%	27.81%	26.39%	38.07%	-41.15%	28.57%	31.34%	31.45%	36.26%	33.46%	34.33%	33.81%	34.88%	31.02%	29.56%	25.78%	24.79%	22.02%	6.36%	20.4%	22.92%	21.76%	-23.12%
Net Earnings	$1.817B	$2.125B	$1.295B	$817.0M	$1.411B	$1.393B	$1.186B	$712.0M	$693.0M	$632.4M	$641.3M	$631.3M	$542.6M	$312.3M	-$3.094B	-$113.8M	$75.20M	$461.2M	$412.1M	$398.9M	$372.4M	$323.7M	$134.8M	$328.4M	$422.1M	$301.8M	$292.7M	$304.3M	$281.8M	$242.6M	$236.9M	$161.0M	$133.9M	$85.20M	$108.0M	$98.10M	$57.40M	$67.90M	$57.60M	$45.20M	$24.50M
YoY Change	-14.49%	64.09%	58.51%	-42.1%	1.29%	17.45%	66.57%	2.74%	9.58%	-1.39%	1.58%	16.34%	73.72%	-110.09%	2618.82%	-251.34%	-83.69%	11.91%	3.31%	7.12%	15.04%	140.13%	-58.95%	-22.2%	39.86%	3.11%	-3.81%	7.98%	16.16%	2.41%	47.14%	20.24%	57.16%	-21.11%	10.09%	70.91%	-15.46%	17.88%	27.43%	84.49%
Net Earnings / Revenue	129.79%	161.23%	30.9%	22.4%	33.59%	35.27%	34.55%	27.05%	32.77%	32.0%	34.47%	32.7%	27.54%	14.56%	-138.25%	-4.07%
Basic Earnings Per Share	$1.26	$1.47	$0.91	$0.71	$1.29	$1.22	$1.02	$0.72	$0.82	$0.73	$0.73	$0.70	$0.59	$0.19	-$6.14	-$0.44
Diluted Earnings Per Share	$1.24	$1.451M	$0.90	$0.69	$1.27	$1.20	$1.00	$0.70	$0.81	$0.72	$0.72	$0.69	$0.59	$0.19	-$6.14	-$0.44	$247.8K	$1.922M	$1.765M	$1.705M	$1.608M	$1.327M	$535.6K	$1.316M	$1.651M	$1.168M	$1.138M	$1.176M	$1.059M	$1.098M	$1.092M	$753.0K	$629.8K	$523.3K	$692.3K	$634.1K	$371.3K	$538.5K	$493.6K	$468.4K	$292.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	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	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$1.109B	$1.156B	$1.480B	$956.0M	$973.0M	$790.0M	$864.0M	$816.0M	$621.0M	$616.0M	$635.0M	$617.0M	$564.0M	$492.0M	$496.0M	$520.0M	$558.0M	$373.0M	$550.0M	$942.0M	$1.610B	$2.542B	$452.0M	$455.0M	$439.0M	$447.0M	$389.0M	$380.0M	$296.0M	$289.0M	$290.0M	$264.0M	$216.0M	$210.0M	$180.0M	$173.0M	$147.0M	$141.0M	$117.0M	$100.0M	$90.00M
YoY Change	-4.07%	-21.89%	54.81%	-1.75%	23.16%	-8.56%	5.88%	31.4%	0.81%	-2.99%	2.92%	9.4%	14.63%	-0.81%	-4.62%	-6.81%	49.6%	-32.18%	-41.61%	-41.49%	-36.66%	462.39%	-0.66%	3.64%	-1.79%	14.91%	2.37%	28.38%	2.42%	-0.34%	9.85%	22.22%	2.86%	16.67%	4.05%	17.69%	4.26%	20.51%	17.0%	11.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$189.4B	$182.9B	$174.1B	$123.0B	$109.0B	$108.8B	$104.2B	$99.71B	$71.02B	$66.30B	$59.47B	$56.15B	$54.45B	$53.82B	$51.56B	$54.35B	$54.70B	$35.33B	$32.77B	$32.57B	$30.52B	$27.53B	$28.50B	$28.60B	$29.04B	$28.30B	$26.73B	$24.37B	$20.26B	$17.77B	$17.62B	$16.25B	$12.33B	$11.81B	$11.68B	$10.29B	$8.836B	$8.100B	$6.515B	$5.574B	$5.426B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$379.0M	$401.0M	$441.0M	$220.0M	$1.884B	$1.859B	$1.737B	$1.429B	$1.185B	$1.172B	$913.0M	$1.156B	$1.214B	$1.131B	$1.046B	$1.001B	$1.207B	$1.078B	$530.0M	$897.0M	$797.0M	$1.134B	$887.0M	$813.0M	$671.0M	$638.0M	$521.0M	$434.0M	$424.0M	$228.0M	$243.0M	$187.0M	$186.0M	$196.0M	$210.0M	$150.0M	$97.00M	$92.00M	$86.00M	$65.00M	$60.00M
YoY Change	-5.49%	-9.07%	100.45%	-88.32%	1.34%	7.02%	21.55%	20.59%	1.11%	28.37%	-21.02%	-4.78%	7.34%	8.13%	4.5%	-17.07%	11.97%	103.4%	-40.91%	12.55%	-29.72%	27.85%	9.1%	21.16%	5.17%	22.46%	20.05%	2.36%	85.96%	-6.17%	29.95%	0.54%	-5.1%	-6.67%	40.0%	54.64%	5.43%	6.98%	32.31%	8.33%
Deferred Revenue
YoY Change
Short-Term Debt	$620.0M	$2.027B	$334.0M	$183.0M	$1.106B	$2.017B	$1.331B	$1.268B	$615.0M	$1.072B	$552.0M	$590.0M	$1.441B	$2.041B	$876.0M	$1.309B	$2.844B	$1.676B	$1.889B	$1.207B	$1.452B	$2.141B	$1.956B	$1.988B	$2.122B	$2.217B	$3.142B	$4.028B	$3.515B	$2.898B	$3.195B	$2.660B	$1.593B	$1.519B	$1.950B	$1.480B	$1.400B	$976.0M	$925.0M	$925.0M	$934.0M
YoY Change	-69.41%	506.89%	82.51%	-83.45%	-45.17%	51.54%	4.97%	106.18%	-42.63%	94.2%	-6.44%	-59.06%	-29.4%	132.99%	-33.08%	-53.97%	69.69%	-11.28%	56.5%	-16.87%	-32.18%	9.46%	-1.61%	-6.31%	-4.29%	-29.44%	-22.0%	14.59%	21.29%	-9.3%	20.11%	66.98%	4.87%	-22.1%	31.76%	5.71%	43.44%	5.51%	0.0%	-0.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$620.0M	$401.0M	$441.0M	$220.0M	$1.884B	$1.859B	$1.737B	$1.429B	$1.185B	$1.172B	$913.0M	$1.156B	$1.214B	$1.131B	$1.046B	$1.001B	$1.207B	$1.078B	$530.0M	$897.0M	$797.0M	$1.134B	$887.0M	$813.0M	$671.0M	$638.0M	$521.0M	$434.0M	$424.0M	$228.0M	$243.0M	$187.0M	$186.0M	$196.0M	$210.0M	$150.0M	$97.00M	$92.00M	$86.00M	$65.00M	$60.00M
YoY Change	54.61%	-9.07%	100.45%	-88.32%	1.34%	7.02%	21.55%	20.59%	1.11%	28.37%	-21.02%	-4.78%	7.34%	8.13%	4.5%	-17.07%	11.97%	103.4%	-40.91%	12.55%	-29.72%	27.85%	9.1%	21.16%	5.17%	22.46%	20.05%	2.36%	85.96%	-6.17%	29.95%	0.54%	-5.1%	-6.67%	40.0%	54.64%	5.43%	6.98%	32.31%	8.33%
Long-Term Debt	$12.39B	$9.686B	$6.893B	$8.349B	$9.844B	$8.619B	$9.199B	$8.302B	$7.034B	$3.578B	$2.450B	$1.356B	$2.735B	$3.641B	$3.634B	$4.282B	$3.871B	$3.516B	$3.442B	$5.056B	$5.535B	$3.534B	$3.022B	$3.638B	$4.252B	$3.547B	$3.031B	$1.666B	$2.103B	$1.214B	$762.0M	$479.0M	$137.0M	$141.0M	$153.0M	$164.0M	$154.0M	$157.0M	$49.00M	$59.00M	$67.00M
YoY Change	27.96%	40.52%	-17.44%	-15.19%	14.21%	-6.31%	10.8%	18.03%	96.59%	46.04%	80.68%	-50.42%	-24.88%	0.19%	-15.13%	10.62%	10.1%	2.15%	-31.92%	-8.65%	56.62%	16.94%	-16.93%	-14.44%	19.88%	17.02%	81.93%	-20.78%	73.23%	59.32%	59.08%	249.64%	-2.84%	-7.84%	-6.71%	6.49%	-1.91%	220.41%	-16.95%	-11.94%
Other Long-Term Liabilities	$5.726B	$5.510B	$3.600B	$2.342B	$521.0M	$404.0M	$331.0M	$368.0M	$287.0M	$332.0M	$147.0M								$37.00M	$33.00M	$36.00M
YoY Change	3.92%	53.06%	53.71%	349.52%	28.96%	22.05%	-10.05%	28.22%	-13.55%	125.85%									12.12%	-8.33%
Total Long-Term Liabilities	$18.12B	$15.20B	$10.49B	$10.69B	$10.37B	$9.023B	$9.530B	$8.670B	$7.321B	$3.910B	$2.597B	$1.356B	$2.735B	$3.641B	$3.634B	$4.282B	$3.871B	$3.516B	$3.479B	$5.089B	$5.571B	$3.534B	$3.022B	$3.638B	$4.252B	$3.547B	$3.031B	$1.666B	$2.103B	$1.214B	$762.0M	$479.0M	$137.0M	$141.0M	$153.0M	$164.0M	$154.0M	$157.0M	$49.00M	$59.00M	$67.00M
YoY Change	19.24%	44.82%	-1.85%	3.15%	14.87%	-5.32%	9.92%	18.43%	87.24%	50.56%	91.52%	-50.42%	-24.88%	0.19%	-15.13%	10.62%	10.1%	1.06%	-31.64%	-8.65%	57.64%	16.94%	-16.93%	-14.44%	19.88%	17.02%	81.93%	-20.78%	73.23%	59.32%	59.08%	249.64%	-2.84%	-7.84%	-6.71%	6.49%	-1.91%	220.41%	-16.95%	-11.94%
Total Liabilities	$170.0B	$165.2B	$154.8B	$110.0B	$97.21B	$97.68B	$93.37B	$89.41B	$64.42B	$59.97B	$53.38B	$50.36B	$49.03B	$48.84B	$46.22B	$47.12B	$48.75B	$32.32B	$30.21B	$30.03B	$28.24B	$25.34B	$26.08B	$26.23B	$26.86B	$26.15B	$24.71B	$22.59B	$18.74B	$16.36B	$16.29B	$15.12B	$11.48B	$11.02B	$10.96B	$9.649B	$8.324B	$7.599B	$6.115B	$5.257B	$5.141B
YoY Change	2.93%	6.72%	40.64%	13.21%	-0.48%	4.61%	4.43%	38.78%	7.43%	12.35%	5.98%	2.71%	0.4%	5.67%	-1.92%	-3.33%	50.85%	6.98%	0.6%	6.32%	11.47%	-2.86%	-0.57%	-2.32%	2.7%	5.84%	9.38%	20.55%	14.53%	0.4%	7.79%	31.68%	4.15%	0.58%	13.58%	15.92%	9.54%	24.27%	16.32%	2.26%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Basic Shares Outstanding	1.446B shares	1.441B shares	1.262B shares	1.017B shares	1.039B shares	1.082B shares	1.085B shares	904.4M shares	803.4M shares	819.9M shares	834.2M shares	858.0M shares	863.7M shares	726.9M shares	532.8M shares	366.2M shares
Diluted Shares Outstanding	1.468B shares	1.465B shares	1.287B shares	1.033B shares	1.056B shares	1.106B shares	1.136B shares	918.8M shares	817.1M shares	833.1M shares	844.0M shares	863.4M shares	867.6M shares	729.5M shares	532.8M shares	366.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $25.569 Billion

About HUNTINGTON BANCSHARES INC /MD/

Huntington Bancshares, Inc. is a bank holding company, which engages in the provision of full-service commercial and consumer deposit, lending, and other banking services. The company is headquartered in Columbus, Ohio and currently employs 19,896 full-time employees. The Company, through its bank subsidiary, Huntington National Bank and its subsidiaries (the Bank), provides consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Its Consumer & Regional Banking segment provides an array of financial products and services to consumer and business customers including, but not limited to, deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. Its Commercial Banking segment provides expertise through bankers, capabilities, and digital channels, which include a comprehensive set of product offerings. Its target clients span from mid-market to large corporates across a national footprint.

Industry: National Commercial Banks Peers: CITIZENS FINANCIAL GROUP INC/RI FIFTH THIRD BANCORP FIRST CITIZENS BANCSHARES INC /DE/ M&T BANK CORP FIRST REPUBLIC BANK KEYCORP /NEW/ REGIONS FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. SVB FINANCIAL GROUP