Huntington Bancshares Incorporated Stock Z Score

HBAN Stock

USD 13.80 0.13 0.95%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Huntington Bancshares Piotroski F Score and Huntington Bancshares Valuation analysis.

At this time, Huntington Bancshares' Issuance Of Capital Stock is very stable compared to the past year. As of the 6th of May 2024, Total Debt To Capitalization is likely to grow to 0.66, while Capital Surpluse is likely to drop about 10.4 B. At this time, Huntington Bancshares' Income Tax Expense is very stable compared to the past year. As of the 6th of May 2024, Depreciation And Amortization is likely to grow to about 837.9 M, while Other Operating Expenses is likely to drop about 109.2 M.

Huntington Bancshares Incorporated Company Z Score Analysis

Huntington Bancshares' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Huntington Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Huntington Bancshares is extremely important. It helps to project a fair market value of Huntington Stock properly, considering its historical fundamentals such as Z Score. Since Huntington Bancshares' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Huntington Bancshares' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Huntington Bancshares' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Long Term Debt	Short Term Investments	Treasury Stock	Property Plant Equipment	Intangible Assets	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		1.0	-0.08	0.89	0.93	1.0	0.32	-0.25	-0.46	0.99	0.71	0.41	-0.44	0.78	0.46	0.97	0.89	0.71	0.83	0.13	-0.32	0.85	0.57	0.85
Total Stockholder Equity	1.0		-0.08	0.88	0.9	0.99	0.34	-0.26	-0.47	0.98	0.7	0.44	-0.43	0.79	0.46	0.96	0.91	0.7	0.82	0.15	-0.33	0.86	0.54	0.84
Net Debt	-0.08	-0.08		-0.1	-0.28	-0.08	0.13	0.83	-0.29	-0.18	0.43	0.27	0.37	0.1	0.1	-0.18	-0.03	0.43	-0.18	0.54	0.65	0.22	-0.29	-0.5
Retained Earnings	0.89	0.88	-0.1		0.81	0.89	0.29	-0.22	-0.09	0.91	0.74	0.2	-0.74	0.61	0.64	0.9	0.8	0.79	0.75	0.22	-0.38	0.85	0.5	0.8
Net Receivables	0.93	0.9	-0.28	0.81		0.93	0.12	-0.37	-0.35	0.95	0.51	0.2	-0.46	0.66	0.36	0.95	0.73	0.5	0.83	-0.2	-0.33	0.64	0.78	0.83
Total Liab	1.0	0.99	-0.08	0.89	0.93		0.31	-0.25	-0.46	0.99	0.71	0.41	-0.44	0.78	0.45	0.97	0.89	0.71	0.83	0.12	-0.32	0.84	0.57	0.85
Total Current Assets	0.32	0.34	0.13	0.29	0.12	0.31		-0.07	-0.27	0.29	0.34	0.22	-0.05	0.25	0.19	0.24	0.37	0.34	0.17	0.47	-0.48	0.48	-0.34	0.1
Short Term Debt	-0.25	-0.26	0.83	-0.22	-0.37	-0.25	-0.07		0.07	-0.33	0.18	0.22	0.2	0.03	0.29	-0.26	-0.18	0.21	-0.18	0.28	0.85	0.07	-0.24	-0.53
Common Stock	-0.46	-0.47	-0.29	-0.09	-0.35	-0.46	-0.27	0.07		-0.38	-0.35	-0.42	-0.58	-0.4	0.37	-0.27	-0.39	-0.26	-0.19	-0.28	0.03	-0.32	-0.05	-0.18
Accounts Payable	0.99	0.98	-0.18	0.91	0.95	0.99	0.29	-0.33	-0.38		0.66	0.3	-0.51	0.72	0.46	0.98	0.86	0.67	0.84	0.05	-0.39	0.81	0.63	0.88
Long Term Debt	0.71	0.7	0.43	0.74	0.51	0.71	0.34	0.18	-0.35	0.66		0.4	-0.31	0.72	0.58	0.63	0.77	0.99	0.66	0.46	-0.03	0.88	0.28	0.5
Short Term Investments	0.41	0.44	0.27	0.2	0.2	0.41	0.22	0.22	-0.42	0.3	0.4		0.06	0.74	0.3	0.36	0.6	0.39	0.4	0.22	0.19	0.44	-0.08	0.28
Treasury Stock	-0.44	-0.43	0.37	-0.74	-0.46	-0.44	-0.05	0.2	-0.58	-0.51	-0.31	0.06		-0.27	-0.77	-0.59	-0.43	-0.4	-0.53	0.08	0.32	-0.47	-0.41	-0.58
Property Plant Equipment	0.78	0.79	0.1	0.61	0.66	0.78	0.25	0.03	-0.4	0.72	0.72	0.74	-0.27		0.57	0.77	0.9	0.68	0.89	-0.02	0.0	0.75	0.48	0.66
Intangible Assets	0.46	0.46	0.1	0.64	0.36	0.45	0.19	0.29	0.37	0.46	0.58	0.3	-0.77	0.57		0.56	0.56	0.63	0.65	0.12	0.09	0.7	0.29	0.43
Good Will	0.97	0.96	-0.18	0.9	0.95	0.97	0.24	-0.26	-0.27	0.98	0.63	0.36	-0.59	0.77	0.56		0.86	0.65	0.89	-0.05	-0.3	0.79	0.68	0.86
Net Tangible Assets	0.89	0.91	-0.03	0.8	0.73	0.89	0.37	-0.18	-0.39	0.86	0.77	0.6	-0.43	0.9	0.56	0.86		0.75	0.88	0.16	-0.29	0.87	0.44	0.8
Long Term Debt Total	0.71	0.7	0.43	0.79	0.5	0.71	0.34	0.21	-0.26	0.67	0.99	0.39	-0.4	0.68	0.63	0.65	0.75		0.62	0.49	-0.02	0.89	0.25	0.5
Capital Surpluse	0.83	0.82	-0.18	0.75	0.83	0.83	0.17	-0.18	-0.19	0.84	0.66	0.4	-0.53	0.89	0.65	0.89	0.88	0.62		-0.23	-0.2	0.74	0.74	0.81
Long Term Investments	0.13	0.15	0.54	0.22	-0.2	0.12	0.47	0.28	-0.28	0.05	0.46	0.22	0.08	-0.02	0.12	-0.05	0.16	0.49	-0.23		-0.02	0.47	-0.63	-0.08
Short Long Term Debt	-0.32	-0.33	0.65	-0.38	-0.33	-0.32	-0.48	0.85	0.03	-0.39	-0.03	0.19	0.32	0.0	0.09	-0.3	-0.29	-0.02	-0.2	-0.02		-0.15	-0.03	-0.49
Earning Assets	0.85	0.86	0.22	0.85	0.64	0.84	0.48	0.07	-0.32	0.81	0.88	0.44	-0.47	0.75	0.7	0.79	0.87	0.89	0.74	0.47	-0.15		0.28	0.65
Net Invested Capital	0.57	0.54	-0.29	0.5	0.78	0.57	-0.34	-0.24	-0.05	0.63	0.28	-0.08	-0.41	0.48	0.29	0.68	0.44	0.25	0.74	-0.63	-0.03	0.28		0.58
Capital Stock	0.85	0.84	-0.5	0.8	0.83	0.85	0.1	-0.53	-0.18	0.88	0.5	0.28	-0.58	0.66	0.43	0.86	0.8	0.5	0.81	-0.08	-0.49	0.65	0.58

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Huntington Bancshares

According to the company's disclosures, Huntington Bancshares Incorporated has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Huntington Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Huntington Bancshares' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Huntington Bancshares could also be used in its relative valuation, which is a method of valuing Huntington Bancshares by comparing valuation metrics of similar companies.

Huntington Bancshares is currently under evaluation in z score category among related companies.

Huntington Bancshares ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Huntington Bancshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Huntington Bancshares' managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Huntington Bancshares Institutional Holders

Institutional Holdings refers to the ownership stake in Huntington Bancshares that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Huntington Bancshares' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Huntington Bancshares' value.

		Shares
Morgan Stanley - Brokerage Accounts	2023-12-31	22 M
Fmr Inc	2023-12-31	20.3 M
First Trust Advisors L.p.	2023-12-31	19.8 M
Victory Capital Management Inc.	2023-12-31	17 M
Norges Bank	2023-12-31	16.3 M
Bank Of America Corp	2023-12-31	16.1 M
Dimensional Fund Advisors, Inc.	2023-12-31	15.1 M
Northern Trust Corp	2023-12-31	14 M
Goldman Sachs Group Inc	2023-12-31	13.1 M
Vanguard Group Inc	2023-12-31	171.8 M
Blackrock Inc	2023-12-31	132.2 M

Huntington Fundamentals

	Return On Equity	0.0937
	Return On Asset	0.0094
	Profit Margin	0.26 %
	Operating Margin	0.35 %
	Current Valuation	25.44 B
	Shares Outstanding	1.45 B
	Shares Owned By Insiders	0.92 %
	Shares Owned By Institutions	82.63 %
	Number Of Shares Shorted	25.16 M
	Price To Earning	13.40 X
	Price To Book	1.14 X
	Price To Sales	2.79 X
	Revenue	7.36 B
	Gross Profit	6.96 B
	EBITDA	2.36 B
	Net Income	1.97 B
	Cash And Equivalents	4.62 B
	Cash Per Share	3.20 X
	Total Debt	12.4 B
	Debt To Equity	9.77 %
	Book Value Per Share	11.68 X
	Cash Flow From Operations	2.66 B
	Short Ratio	1.54 X
	Earnings Per Share	1.11 X
	Price To Earnings To Growth	2.79 X
	Target Price	15.44
	Number Of Employees	19.72 K
	Beta	1.12
	Market Capitalization	20 B
	Total Asset	189.37 B
	Retained Earnings	4.32 B
	Annual Yield	0.04 %
	Five Year Return	4.12 %
	Net Asset	189.37 B
	Last Dividend Paid	0.62

About Huntington Bancshares Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Huntington Bancshares Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Huntington Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Huntington Bancshares Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Huntington Bancshares Investors Sentiment

The influence of Huntington Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Huntington. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Huntington Bancshares' public news can be used to forecast risks associated with an investment in Huntington. The trend in average sentiment can be used to explain how an investor holding Huntington can time the market purely based on public headlines and social activities around Huntington Bancshares Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Huntington Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Huntington Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Huntington Bancshares' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Huntington Bancshares.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Huntington Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Huntington Bancshares' short interest history, or implied volatility extrapolated from Huntington Bancshares options trading.

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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:

How To Invest In Huntington

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Is Huntington Stock a good investment?

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What is Huntington Bancshares' Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Huntington Bancshares Piotroski F Score and Huntington Bancshares Valuation 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Huntington Stock analysis

When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.

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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

4.666

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.

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Huntington Bancshares Incorporated Stock Z Score

Huntington Bancshares Incorporated Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Huntington Z Score Driver Correlations

Huntington Z Score Peer Comparison

Huntington Bancshares ESG Sustainability

Huntington Bancshares Institutional Holders

Huntington Fundamentals

About Huntington Bancshares Fundamental Analysis

Huntington Bancshares Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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