Huntington Financial Statements From 2010 to 2024

HBAN Stock  USD 13.76  0.13  0.95%   
Huntington Bancshares financial statements provide useful quarterly and yearly information to potential Huntington Bancshares Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Huntington Bancshares financial statements helps investors assess Huntington Bancshares' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Huntington Bancshares' valuation are summarized below:
Gross Profit
B
Profit Margin
0.2617
Market Capitalization
19.8 B
Revenue
6.8 B
Earnings Share
1.11
We have found one hundred twenty available fundamental trends for Huntington Bancshares, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Huntington Bancshares' regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of April 2024, Market Cap is likely to grow to about 14.8 B. Also, Enterprise Value is likely to grow to about 25.4 B

Huntington Bancshares Total Revenue

7.73 Billion

Check Huntington Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Huntington main balance sheet or income statement drivers, such as Interest Expense of 3.7 B, Other Operating Expenses of 109.2 M or Operating Income of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.18, Dividend Yield of 0.0314 or PTB Ratio of 1.68. Huntington financial statements analysis is a perfect complement when working with Huntington Bancshares Valuation or Volatility modules.
  
This module can also supplement Huntington Bancshares' financial leverage analysis and stock options assessment as well as various Huntington Bancshares Technical models . Check out the analysis of Huntington Bancshares Correlation against competitors.

Huntington Bancshares Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.5 B1.5 BB
Slightly volatile
Total Assets198.8 B189.4 B107.3 B
Slightly volatile
Short and Long Term Debt Total7.3 B12.4 B8.4 B
Slightly volatile
Total Current Liabilities589 M620 M1.4 B
Pretty Stable
Total Stockholder Equity20.3 B19.4 B11 B
Slightly volatile
Property Plant And Equipment Net601.1 M1.1 B750.2 M
Slightly volatile
Net DebtB2.1 B5.1 B
Very volatile
Cash10.8 B10.3 B3.6 B
Slightly volatile
Non Current Assets Total11.9 B7.3 B18.1 B
Pretty Stable
Other Assets162.9 B155.2 B77.7 B
Slightly volatile
Cash And Short Term Investments28.2 B26.9 B14.2 B
Slightly volatile
Net Receivables7.2 B6.8 B3.1 B
Slightly volatile
Liabilities And Stockholders Equity198.8 B189.4 B107.3 B
Slightly volatile
Non Current Liabilities Total177.8 B169.3 B28 B
Slightly volatile
Other Stockholder Equity7.7 B15.3 B12.9 B
Very volatile
Total Liabilities178.5 B170 B96.3 B
Slightly volatile
Total Current Assets28.2 B26.9 B20.8 B
Slightly volatile
Short Term Debt1.9 MM1.6 B
Pretty Stable
Property Plant And Equipment Gross2.4 B2.3 B1.1 B
Slightly volatile
Common Stock Total Equity12 M12.6 M162.1 M
Slightly volatile
Common Stock14.2 M15 M162.4 M
Slightly volatile
Other Liabilities4.9 B4.6 B2.4 B
Slightly volatile
Accounts Payable178.6 B170.1 B88.2 B
Slightly volatile
Long Term Debt6.3 B12.4 B6.6 B
Slightly volatile
Short Term Investments3.2 B3.4 B11.7 B
Slightly volatile
Property Plant Equipment640.7 MB766.6 M
Slightly volatile
Intangible Assets403 M672 M422 M
Slightly volatile
Good Will5.8 B5.6 B2.3 B
Slightly volatile
Other Current Assets9.8 B10.4 B34.1 B
Slightly volatile
Preferred Stock Total Equity1.3 B2.5 B1.3 B
Slightly volatile
Net Tangible Assets7.6 B10.7 B7.1 B
Slightly volatile
Long Term Debt Total7.3 B11.1 B6.7 B
Slightly volatile
Capital Surpluse10.4 B17.6 B9.9 B
Slightly volatile
Long Term Investments69 B41.2 B61.8 B
Slightly volatile
Non Current Liabilities Other6.7 B6.3 B2.7 B
Slightly volatile
Short and Long Term Debt1.9 MM1.2 B
Slightly volatile
Earning Assets26.8 B30.7 B22.8 B
Slightly volatile
Net Invested Capital25.7 B29.4 B23.2 B
Slightly volatile
Capital Stock2.1 B2.4 B1.5 B
Slightly volatile

Huntington Bancshares Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses109.2 M115 MB
Slightly volatile
Operating Income2.5 B2.4 B1.5 B
Slightly volatile
EBIT1.6 B1.6 B1.3 B
Slightly volatile
EBITDA2.5 B2.4 B1.5 B
Slightly volatile
Net IncomeBB1.1 B
Slightly volatile
Depreciation And Amortization837.9 M798 M182 M
Slightly volatile
Selling General AdministrativeB2.8 B1.6 B
Slightly volatile
Selling And Marketing Expenses120.8 M115 M65.7 M
Slightly volatile
Total Revenue7.7 B7.4 B4.3 B
Slightly volatile
Gross Profit9.4 B8.9 B4.1 B
Slightly volatile
Income Before Tax2.5 B2.4 B1.3 B
Slightly volatile
Net Income Applicable To Common Shares2.6 B2.4 B1.1 B
Slightly volatile
Net Income From Continuing Ops1.2 B2.4 B1.1 B
Slightly volatile
Preferred Stock And Other Adjustments76.8 M129.9 M69.2 M
Slightly volatile
Tax Provision322.9 M558 M271.2 M
Slightly volatile
Net Interest Income3.9 B5.6 BB
Slightly volatile
Interest Income4.7 B8.4 B3.6 B
Slightly volatile
Reconciled Depreciation721.4 M687 M409.7 M
Very volatile
Extraordinary Items2.6 M2.7 M67 M
Slightly volatile

Huntington Bancshares Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow2.6 B2.5 B1.5 B
Slightly volatile
Begin Period Cash FlowB6.7 B2.7 B
Slightly volatile
Depreciation837.9 M798 M406.1 M
Slightly volatile
Dividends Paid1.1 BB506 M
Slightly volatile
Capital Expenditures94.6 M140 M126.7 M
Slightly volatile
Total Cash From Operating Activities2.8 B2.7 B1.7 B
Slightly volatile
Net Income2.1 BB1.1 B
Slightly volatile
End Period Cash Flow10.6 B10.1 B3.6 B
Slightly volatile
Change To Netincome1.4 B1.3 B439.5 M
Slightly volatile
Issuance Of Capital Stock412.9 M285.3 M495.9 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.182.49982.7143
Slightly volatile
Dividend Yield0.03140.05620.0359
Slightly volatile
PTB Ratio1.680.95071.1793
Pretty Stable
Days Sales Outstanding347339243
Slightly volatile
Book Value Per Share7.6713.37979.8023
Slightly volatile
Free Cash Flow Yield0.110.13680.1275
Pretty Stable
Invested Capital0.610.64050.9825
Slightly volatile
Operating Cash Flow Per Share1.391.83691.5058
Slightly volatile
PB Ratio1.680.95071.1793
Pretty Stable
EV To Sales5.562.78154.355
Very volatile
Free Cash Flow Per Share1.241.74011.3676
Slightly volatile
ROIC0.06460.06160.058
Slightly volatile
Net Income Per Share1.421.34880.9968
Slightly volatile
Sales General And Administrative To Revenue0.270.38460.3652
Pretty Stable
Cash Per Share7.439.468714.5078
Slightly volatile
POCF Ratio10.66.92477.9862
Slightly volatile
Interest Coverage0.650.67994.1082
Pretty Stable
Payout Ratio0.340.530.4109
Slightly volatile
PFCF Ratio6.947.30988.6209
Very volatile
Income Quality0.741.3481.5053
Slightly volatile
ROE0.110.10080.1039
Pretty Stable
EV To Operating Cash Flow7.327.704912.0371
Slightly volatile
PE Ratio10.029.430511.7141
Very volatile
Return On Tangible Assets0.00890.01070.0102
Very volatile
EV To Free Cash Flow7.738.133413.6321
Slightly volatile
Earnings Yield0.110.1060.0907
Very volatile
Intangibles To Total Assets0.0170.03290.0195
Slightly volatile
Net Debt To EBITDA0.830.87694.3657
Slightly volatile
Current Ratio41.1643.3274454
Very volatile
Tangible Book Value Per Share6.499.10167.7621
Slightly volatile
Receivables Turnover1.071.07821.6109
Pretty Stable
Graham Number12.1220.150714.6422
Slightly volatile
Shareholders Equity Per Share7.6713.37979.8023
Slightly volatile
Debt To Equity0.610.64050.9825
Slightly volatile
Revenue Per Share5.495.08834.1929
Slightly volatile
Interest Debt Per Share20.3110.973810.8042
Pretty Stable
Debt To Assets0.06220.06550.092
Slightly volatile
Enterprise Value Over EBITDA15.388.659813.3029
Very volatile
Short Term Coverage Ratios1.4 K1.3 K183
Slightly volatile
Price Earnings Ratio10.029.430511.7141
Very volatile
Price Book Value Ratio1.680.95071.1793
Pretty Stable
Dividend Payout Ratio0.340.530.4109
Slightly volatile
Price To Operating Cash Flows Ratio10.66.92477.9862
Slightly volatile
Price To Free Cash Flows Ratio6.947.30988.6209
Very volatile
Pretax Profit Margin0.250.32390.2982
Very volatile
Ebt Per Ebit0.711.00850.7949
Slightly volatile
Operating Profit Margin0.260.32120.3197
Pretty Stable
Effective Tax Rate0.20.17320.2015
Slightly volatile
Company Equity Multiplier12.729.784910.4426
Pretty Stable
Long Term Debt To Capitalization0.370.39040.3824
Pretty Stable
Total Debt To Capitalization0.660.39040.4844
Pretty Stable
Return On Capital Employed0.01380.01250.0139
Very volatile
Debt Equity Ratio0.610.64050.9825
Slightly volatile
Ebit Per Revenue0.260.32120.3197
Pretty Stable
Quick Ratio31.4533.1995.8 K
Slightly volatile
Net Income Per E B T0.660.81840.7882
Pretty Stable
Cash Ratio15.8216.65185.6 K
Slightly volatile
Operating Cash Flow Sales Ratio0.280.3610.3667
Very volatile
Days Of Sales Outstanding347339243
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.690.94730.8845
Very volatile
Cash Flow Coverage Ratios0.230.21430.197
Pretty Stable
Price To Book Ratio1.680.95071.1793
Pretty Stable
Fixed Asset Turnover3.446.63664.983
Slightly volatile
Price Cash Flow Ratio10.66.92477.9862
Slightly volatile
Enterprise Value Multiple15.388.659813.3029
Very volatile
Debt Ratio0.06220.06550.092
Slightly volatile
Cash Flow To Debt Ratio0.230.21430.197
Pretty Stable
Price Sales Ratio2.182.49982.7143
Slightly volatile
Return On Assets0.00890.01030.01
Very volatile
Asset Turnover0.05250.03890.0426
Slightly volatile
Net Profit Margin0.140.26510.2343
Very volatile
Gross Profit Margin1.271.21140.319
Slightly volatile
Price Fair Value1.680.95071.1793
Pretty Stable
Return On Equity0.110.10080.1039
Pretty Stable

Huntington Bancshares Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap14.8 B14.1 B12.8 B
Slightly volatile
Enterprise Value25.4 B24.2 B21.5 B
Slightly volatile

Huntington Fundamental Market Drivers

Forward Price Earnings10.2459
Cash And Short Term Investments26.9 B

Huntington Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
17th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Huntington Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Huntington Bancshares income statement, its balance sheet, and the statement of cash flows. Huntington Bancshares investors use historical funamental indicators, such as Huntington Bancshares's revenue or net income, to determine how well the company is positioned to perform in the future. Although Huntington Bancshares investors may use each financial statement separately, they are all related. The changes in Huntington Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Huntington Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Huntington Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Huntington Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue7.4 B7.7 B
Cost Of Revenue-1.6 B-1.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.38  0.27 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 5.09  5.49 
Ebit Per Revenue 0.32  0.26 

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When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:
Check out the analysis of Huntington Bancshares Correlation against competitors.
Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is Huntington Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.62
Earnings Share
1.11
Revenue Per Share
4.667
Quarterly Revenue Growth
(0.10)
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.