Huntington Income Statement Research

HBAN Stock  USD 13.28  0.10  0.76%   
Most accounts from Huntington Bancshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huntington Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Huntington Bancshares Valuation and Huntington Bancshares Correlation analysis.
  
At this time, Huntington Bancshares' Net Income is very stable compared to the past year. As of the 19th of April 2024, Income Tax Expense is likely to grow to about 433.6 M, though Cost Of Revenue is likely to grow to (1.5 B).
Most accounts from Huntington Bancshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huntington Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Huntington Bancshares Valuation and Huntington Bancshares Correlation analysis.
At this time, Huntington Bancshares' Net Income is very stable compared to the past year. As of the 19th of April 2024, Income Tax Expense is likely to grow to about 433.6 M, though Cost Of Revenue is likely to grow to (1.5 B).
 2021 2022 2023 2024 (projected)
EBIT1.6B3.8B1.6B1.6B
Operating Income1.6B3.8B2.4B2.5B

Huntington Bancshares income statement Correlations

0.160.540.270.50.140.710.620.930.750.740.720.840.710.17-0.350.590.630.640.740.7-0.55
0.160.130.130.150.470.080.020.16-0.2-0.12-0.17-0.150.07-0.01-0.360.090.06-0.17-0.030.40.16
0.540.130.950.99-0.090.950.90.550.820.630.870.390.96-0.150.240.890.770.850.78-0.06-0.74
0.270.130.950.96-0.160.850.80.30.670.440.740.160.84-0.20.40.820.640.750.64-0.3-0.67
0.50.150.990.96-0.120.930.860.550.780.590.830.370.93-0.170.240.880.720.820.75-0.07-0.74
0.140.47-0.09-0.16-0.12-0.130.020.1-0.250.21-0.25-0.25-0.1-0.48-0.75-0.140.18-0.25-0.160.390.62
0.710.080.950.850.93-0.130.920.660.930.730.950.621.00.010.170.910.770.90.860.09-0.78
0.620.020.90.80.860.020.920.560.890.80.90.530.94-0.070.090.820.780.790.740.02-0.61
0.930.160.550.30.550.10.660.560.690.710.660.810.66-0.01-0.420.550.570.590.690.71-0.55
0.75-0.20.820.670.78-0.250.930.890.690.820.990.790.930.110.150.820.690.890.840.13-0.79
0.74-0.120.630.440.590.210.730.80.710.820.790.670.75-0.11-0.260.620.730.680.670.25-0.42
0.72-0.170.870.740.83-0.250.950.90.660.990.790.730.950.10.210.850.710.910.860.08-0.82
0.84-0.150.390.160.37-0.250.620.530.810.790.670.730.60.32-0.190.480.360.570.640.56-0.6
0.710.070.960.840.93-0.11.00.940.660.930.750.950.6-0.010.160.910.790.90.860.08-0.77
0.17-0.01-0.15-0.2-0.17-0.480.01-0.07-0.010.11-0.110.10.32-0.010.37-0.01-0.170.030.090.11-0.36
-0.35-0.360.240.40.24-0.750.170.09-0.420.15-0.260.21-0.190.160.370.230.020.30.14-0.76-0.52
0.590.090.890.820.88-0.140.910.820.550.820.620.850.480.91-0.010.230.880.950.94-0.01-0.74
0.630.060.770.640.720.180.770.780.570.690.730.710.360.79-0.170.020.880.860.880.05-0.52
0.64-0.170.850.750.82-0.250.90.790.590.890.680.910.570.90.030.30.950.860.96-0.03-0.82
0.74-0.030.780.640.75-0.160.860.740.690.840.670.860.640.860.090.140.940.880.960.18-0.77
0.70.4-0.06-0.3-0.070.390.090.020.710.130.250.080.560.080.11-0.76-0.010.05-0.030.180.02
-0.550.16-0.74-0.67-0.740.62-0.78-0.61-0.55-0.79-0.42-0.82-0.6-0.77-0.36-0.52-0.74-0.52-0.82-0.770.02
Click cells to compare fundamentals

Huntington Bancshares Account Relationship Matchups

Huntington Bancshares income statement Accounts

201920202021202220232024 (projected)
Interest Expense988M423M89M696M3.5B3.7B
Operating Income1.7B972M1.6B3.8B2.4B2.5B
Ebit1.7B972M1.6B3.8B1.6B1.6B
Ebitda1.7B1.0B1.7B3.9B2.4B2.5B
Net Income1.4B817M1.3B2.2B2.0B2.0B
Income Tax Expense248M155M294M515M413M433.7M
Total Revenue4.7B4.8B6.0B7.3B7.4B7.7B
Gross Profit4.7B4.8B6.0B1.3B8.9B9.4B
Income Before Tax1.7B972M1.6B2.8B2.4B2.5B
Tax Provision248M155M294M515M558M322.9M
Net Interest Income3.2B3.2B4.1B5.3B5.6B3.9B
Interest Income4.2B3.6B4.2B6.0B8.4B4.7B

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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 Huntington Bancshares Valuation and Huntington Bancshares Correlation analysis.
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 CEOs Directory module to screen CEOs from public companies around the world.

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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
(0.65)
Dividend Share
0.62
Earnings Share
1.24
Revenue Per Share
4.801
Quarterly Revenue Growth
(0.15)
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.