Annual Income Statements for Huntington Bancshares
This table shows Huntington Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Huntington Bancshares
This table shows Huntington Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
617 |
573 |
519 |
510 |
215 |
383 |
439 |
481 |
498 |
500 |
509 |
| Consolidated Net Income / (Loss) |
|
649 |
606 |
565 |
552 |
248 |
424 |
480 |
522 |
534 |
531 |
542 |
| Net Income / (Loss) Continuing Operations |
|
649 |
606 |
565 |
552 |
248 |
424 |
480 |
522 |
534 |
531 |
542 |
| Total Pre-Tax Income |
|
793 |
750 |
699 |
688 |
247 |
510 |
586 |
638 |
669 |
653 |
638 |
| Total Revenue |
|
1,961 |
1,921 |
1,841 |
1,877 |
1,721 |
1,754 |
1,803 |
1,874 |
1,954 |
1,920 |
1,938 |
| Net Interest Income / (Expense) |
|
1,462 |
1,409 |
1,346 |
1,368 |
1,316 |
1,287 |
1,312 |
1,351 |
1,395 |
1,426 |
1,467 |
| Total Interest Income |
|
1,854 |
2,028 |
2,225 |
2,313 |
2,350 |
2,380 |
2,476 |
2,555 |
2,510 |
2,489 |
2,556 |
| Loans and Leases Interest Income |
|
1,466 |
1,579 |
1,679 |
1,764 |
1,789 |
1,809 |
1,859 |
1,906 |
1,907 |
1,905 |
1,971 |
| Investment Securities Interest Income |
|
308 |
357 |
380 |
387 |
397 |
418 |
442 |
451 |
437 |
429 |
416 |
| Other Interest Income |
|
80 |
92 |
166 |
162 |
164 |
153 |
175 |
198 |
166 |
155 |
169 |
| Total Interest Expense |
|
392 |
619 |
879 |
945 |
1,034 |
1,093 |
1,164 |
1,204 |
1,115 |
1,063 |
1,089 |
| Deposits Interest Expense |
|
235 |
406 |
570 |
713 |
808 |
857 |
907 |
945 |
863 |
810 |
822 |
| Short-Term Borrowings Interest Expense |
|
10 |
60 |
74 |
17 |
28 |
19 |
19 |
14 |
17 |
14 |
13 |
| Long-Term Debt Interest Expense |
|
147 |
153 |
235 |
215 |
198 |
217 |
238 |
245 |
235 |
239 |
254 |
| Total Non-Interest Income |
|
499 |
512 |
495 |
509 |
405 |
467 |
491 |
523 |
559 |
494 |
471 |
| Provision for Credit Losses |
|
91 |
85 |
92 |
99 |
126 |
107 |
100 |
106 |
107 |
115 |
103 |
| Total Non-Interest Expense |
|
1,077 |
1,086 |
1,050 |
1,090 |
1,348 |
1,137 |
1,117 |
1,130 |
1,178 |
1,152 |
1,197 |
| Salaries and Employee Benefits |
|
630 |
649 |
613 |
622 |
645 |
639 |
663 |
684 |
715 |
671 |
722 |
| Net Occupancy & Equipment Expense |
|
275 |
235 |
235 |
239 |
405 |
293 |
278 |
247 |
364 |
302 |
304 |
| Marketing Expense |
|
29 |
60 |
54 |
67 |
-66 |
28 |
27 |
57 |
-49 |
29 |
28 |
| Property & Liability Insurance Claims |
|
18 |
16 |
21 |
27 |
238 |
25 |
26 |
21 |
42 |
22 |
22 |
| Other Operating Expenses |
|
107 |
105 |
106 |
117 |
109 |
136 |
107 |
106 |
91 |
113 |
108 |
| Depreciation Expense |
|
9.00 |
8.00 |
8.00 |
6.00 |
5.00 |
4.00 |
4.00 |
4.00 |
3.00 |
4.00 |
2.00 |
| Amortization Expense |
|
9.00 |
13 |
13 |
12 |
12 |
12 |
12 |
11 |
12 |
11 |
11 |
| Income Tax Expense |
|
144 |
144 |
134 |
136 |
-1.00 |
86 |
106 |
116 |
135 |
122 |
96 |
| Preferred Stock Dividends Declared |
|
28 |
29 |
40 |
37 |
28 |
36 |
35 |
36 |
32 |
27 |
27 |
| Net Income / (Loss) Attributable to Noncontrolling Interest |
|
4.00 |
4.00 |
6.00 |
5.00 |
5.00 |
5.00 |
6.00 |
5.00 |
4.00 |
4.00 |
6.00 |
| Basic Earnings per Share |
|
$0.43 |
$0.40 |
$0.36 |
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.35 |
$0.34 |
$0.35 |
| Weighted Average Basic Shares Outstanding |
|
1.44B |
1.44B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
| Diluted Earnings per Share |
|
$0.42 |
$0.39 |
$0.35 |
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.33 |
$0.34 |
$0.34 |
| Weighted Average Diluted Shares Outstanding |
|
1.47B |
1.47B |
1.47B |
1.47B |
1.47B |
1.47B |
1.47B |
1.48B |
1.48B |
1.48B |
1.48B |
| Weighted Average Basic & Diluted Shares Outstanding |
|
1.44B |
1.44B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
1.46B |
| Cash Dividends to Common per Share |
|
- |
$0.16 |
$0.16 |
$0.16 |
- |
$0.16 |
$0.16 |
$0.16 |
- |
$0.16 |
$0.16 |
Annual Cash Flow Statements for Huntington Bancshares
This table details how cash moves in and out of Huntington Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Net Change in Cash & Equivalents |
|
219 |
-374 |
538 |
135 |
1,152 |
-1,502 |
5,425 |
-1,073 |
1,182 |
3,425 |
2,718 |
| Net Cash From Operating Activities |
|
889 |
1,033 |
1,215 |
1,954 |
1,726 |
1,574 |
1,323 |
2,062 |
4,027 |
2,657 |
1,815 |
| Net Cash From Continuing Operating Activities |
|
889 |
1,033 |
1,215 |
1,958 |
1,726 |
1,574 |
1,323 |
2,062 |
4,027 |
2,657 |
1,815 |
| Net Income / (Loss) Continuing Operations |
|
632 |
693 |
712 |
1,186 |
1,393 |
1,411 |
817 |
1,297 |
2,249 |
1,971 |
1,960 |
| Consolidated Net Income / (Loss) |
|
632 |
693 |
712 |
1,186 |
1,393 |
1,411 |
817 |
1,297 |
2,249 |
1,971 |
1,960 |
| Provision For Loan Losses |
|
81 |
100 |
191 |
201 |
235 |
287 |
1,048 |
25 |
289 |
402 |
420 |
| Depreciation Expense |
|
333 |
341 |
380 |
413 |
493 |
386 |
367 |
391 |
484 |
798 |
622 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-409 |
-184 |
135 |
-156 |
-157 |
-487 |
-1,093 |
419 |
-732 |
-696 |
-681 |
| Changes in Operating Assets and Liabilities, net |
|
252 |
83 |
-203 |
314 |
-238 |
-23 |
184 |
-70 |
1,737 |
182 |
-506 |
| Net Cash From Investing Activities |
|
-5,005 |
-4,929 |
-3,445 |
-4,866 |
-3,663 |
-1,877 |
-8,639 |
-3,962 |
-11,609 |
-2,997 |
-12,119 |
| Net Cash From Continuing Investing Activities |
|
-5,022 |
-4,929 |
-3,445 |
-4,866 |
-3,663 |
-1,877 |
-8,639 |
-3,962 |
-11,609 |
-2,997 |
-12,119 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-59 |
-93 |
-120 |
-194 |
-110 |
-107 |
-119 |
-247 |
-214 |
-140 |
-143 |
| Purchase of Investment Securities |
|
-8,448 |
-8,852 |
-15,785 |
-10,870 |
-8,713 |
-10,149 |
-19,522 |
-21,898 |
-22,086 |
-11,007 |
-27,194 |
| Sale and/or Maturity of Investments |
|
3,478 |
4,006 |
12,460 |
6,198 |
5,058 |
8,927 |
11,002 |
18,988 |
10,757 |
8,167 |
15,692 |
| Other Investing Activities, net |
|
6.07 |
10 |
- |
- |
102 |
- |
0.00 |
-653 |
-66 |
-17 |
-474 |
| Net Cash From Financing Activities |
|
4,335 |
3,522 |
2,768 |
3,047 |
3,089 |
-1,199 |
12,741 |
827 |
8,764 |
3,765 |
13,022 |
| Net Cash From Continuing Financing Activities |
|
4,335 |
3,522 |
2,768 |
3,047 |
3,089 |
-1,199 |
12,741 |
827 |
8,764 |
3,765 |
13,022 |
| Net Change in Deposits |
|
0.00 |
-48 |
-292 |
1,433 |
- |
-1,702 |
16,601 |
6,501 |
4,651 |
3,316 |
11,218 |
| Issuance of Debt |
|
2,005 |
3,240 |
2,128 |
3,262 |
2,234 |
2,382 |
-987 |
-470 |
13,165 |
14,965 |
6,879 |
| Issuance of Preferred Equity |
|
0.00 |
0.00 |
585 |
0.00 |
495 |
0.00 |
988 |
486 |
0.00 |
317 |
0.00 |
| Repayment of Debt |
|
-80 |
-2,856 |
625 |
-948 |
-5,823 |
-743 |
-3,052 |
-3,404 |
-8,017 |
-13,671 |
-3,563 |
| Repurchase of Preferred Equity |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
-700 |
0.00 |
-82 |
-410 |
| Payment of Dividends |
|
-199 |
-225 |
-299 |
-425 |
-584 |
-671 |
-698 |
-888 |
-1,010 |
-1,034 |
-1,046 |
| Other Financing Activities, Net |
|
2,942 |
3,663 |
21 |
-15 |
7,706 |
-24 |
-19 |
-48 |
-25 |
-46 |
-56 |
| Cash Interest Paid |
|
131 |
150 |
241 |
409 |
742 |
989 |
453 |
185 |
627 |
3,359 |
4,547 |
| Cash Income Taxes Paid |
|
140 |
154 |
5.00 |
84 |
-52 |
111 |
81 |
269 |
-109 |
90 |
123 |
Quarterly Cash Flow Statements for Huntington Bancshares
This table details how cash moves in and out of Huntington Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Net Change in Cash & Equivalents |
|
2,328 |
3,665 |
710 |
356 |
- |
2,051 |
366 |
39 |
262 |
2,463 |
-4,951 |
| Net Cash From Operating Activities |
|
1,357 |
130 |
630 |
999 |
- |
482 |
305 |
-438 |
1,484 |
513 |
554 |
| Net Cash From Continuing Operating Activities |
|
1,357 |
130 |
630 |
999 |
- |
482 |
305 |
-438 |
1,484 |
513 |
554 |
| Net Income / (Loss) Continuing Operations |
|
649 |
606 |
565 |
552 |
- |
424 |
480 |
522 |
534 |
531 |
542 |
| Consolidated Net Income / (Loss) |
|
649 |
606 |
565 |
552 |
- |
424 |
480 |
522 |
534 |
531 |
542 |
| Provision For Loan Losses |
|
91 |
85 |
92 |
99 |
- |
107 |
100 |
106 |
107 |
115 |
103 |
| Depreciation Expense |
|
129 |
142 |
202 |
214 |
- |
190 |
170 |
132 |
130 |
209 |
188 |
| Non-Cash Adjustments to Reconcile Net Income |
|
131 |
-268 |
-263 |
-299 |
- |
-379 |
-172 |
-44 |
-71 |
555 |
-441 |
| Changes in Operating Assets and Liabilities, net |
|
357 |
-435 |
34 |
433 |
- |
140 |
-273 |
-1,154 |
784 |
-897 |
162 |
| Net Cash From Investing Activities |
|
-1,263 |
-2,299 |
1,167 |
1,444 |
- |
-2,262 |
-2,192 |
-2,881 |
-4,784 |
-2,150 |
-2,495 |
| Net Cash From Continuing Investing Activities |
|
-1,263 |
-2,299 |
1,167 |
1,444 |
- |
-2,262 |
-2,192 |
-2,881 |
-4,784 |
-2,150 |
-2,495 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-49 |
-25 |
-32 |
-23 |
- |
-32 |
-42 |
-42 |
-27 |
-54 |
-54 |
| Purchase of Investment Securities |
|
-2,700 |
-4,270 |
-1,170 |
-453 |
- |
-4,750 |
-6,225 |
-7,258 |
-8,976 |
-5,084 |
-5,636 |
| Sale and/or Maturity of Investments |
|
1,648 |
1,904 |
2,345 |
1,910 |
- |
2,461 |
4,034 |
4,432 |
4,780 |
2,512 |
3,139 |
| Other Investing Activities, net |
|
-162 |
92 |
24 |
10 |
- |
59 |
41 |
-13 |
-561 |
476 |
56 |
| Net Cash From Financing Activities |
|
2,234 |
5,834 |
-1,087 |
-2,087 |
- |
3,831 |
2,253 |
3,358 |
3,562 |
4,100 |
-3,010 |
| Net Cash From Continuing Financing Activities |
|
2,234 |
5,834 |
-1,087 |
-2,087 |
- |
3,831 |
2,253 |
3,358 |
3,562 |
4,100 |
-3,010 |
| Net Change in Deposits |
|
1,601 |
-2,636 |
2,750 |
839 |
- |
1,995 |
1,142 |
3,984 |
4,097 |
2,889 |
-1,957 |
| Issuance of Debt |
|
7,003 |
8,669 |
4,925 |
1,303 |
- |
2,786 |
1,821 |
767 |
1,505 |
1,953 |
48 |
| Repayment of Debt |
|
-6,115 |
-268 |
-8,475 |
-3,955 |
- |
-679 |
-420 |
-1,124 |
-1,358 |
-460 |
-814 |
| Payment of Dividends |
|
-253 |
-254 |
-252 |
-265 |
- |
-262 |
-260 |
-262 |
-262 |
-253 |
-254 |
| Other Financing Activities, Net |
|
-2.00 |
6.00 |
-35 |
-9.00 |
- |
-9.00 |
-30 |
-7.00 |
-10 |
-29 |
-33 |
| Cash Interest Paid |
|
358 |
562 |
871 |
909 |
- |
1,070 |
1,139 |
1,245 |
1,093 |
1,092 |
1,030 |
| Cash Income Taxes Paid |
|
4.00 |
-59 |
152 |
-87 |
- |
47 |
45 |
12 |
19 |
34 |
125 |
Annual Balance Sheets for Huntington Bancshares
This table presents Huntington Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Total Assets |
|
66,298 |
71,018 |
99,714 |
104,185 |
108,781 |
109,002 |
123,038 |
174,064 |
182,906 |
189,368 |
204,230 |
| Cash and Due from Banks |
|
1,221 |
847 |
1,385 |
1,212 |
1,108 |
1,045 |
1,319 |
1,811 |
1,796 |
1,558 |
1,685 |
| Interest Bearing Deposits at Other Banks |
|
65 |
52 |
58 |
47 |
53 |
102 |
117 |
392 |
5,122 |
8,765 |
11,647 |
| Trading Account Securities |
|
13,223 |
15,447 |
24,016 |
25,048 |
23,819 |
24,636 |
27,101 |
43,277 |
41,877 |
42,421 |
45,171 |
| Loans and Leases, Net of Allowance |
|
47,051 |
49,743 |
66,324 |
69,426 |
74,128 |
74,621 |
79,794 |
109,237 |
117,402 |
119,727 |
127,798 |
| Loans and Leases |
|
47,656 |
50,341 |
66,962 |
70,117 |
74,900 |
75,404 |
81,608 |
111,267 |
119,523 |
121,982 |
130,042 |
| Allowance for Loan and Lease Losses |
|
605 |
598 |
638 |
691 |
772 |
783 |
1,814 |
2,030 |
2,121 |
2,255 |
2,244 |
| Accrued Investment Income |
|
- |
- |
- |
- |
- |
- |
- |
1,319 |
1,573 |
1,646 |
2,190 |
| Premises and Equipment, Net |
|
616 |
621 |
816 |
864 |
790 |
763 |
757 |
1,164 |
1,156 |
1,109 |
1,066 |
| Goodwill |
|
523 |
677 |
1,993 |
1,993 |
1,989 |
1,990 |
1,990 |
5,349 |
5,571 |
5,561 |
5,561 |
| Intangible Assets |
|
75 |
55 |
402 |
584 |
535 |
475 |
428 |
611 |
712 |
672 |
677 |
| Other Assets |
|
3,526 |
3,577 |
4,720 |
4,617 |
4,795 |
5,245 |
6,256 |
7,193 |
7,697 |
7,909 |
8,435 |
| Total Liabilities & Shareholders' Equity |
|
66,298 |
71,018 |
99,714 |
104,185 |
108,781 |
109,002 |
123,038 |
174,064 |
182,906 |
189,368 |
204,230 |
| Total Liabilities |
|
59,970 |
64,424 |
89,406 |
93,371 |
97,679 |
97,207 |
110,045 |
154,746 |
165,137 |
169,970 |
184,448 |
| Non-Interest Bearing Deposits |
|
15,393 |
16,480 |
22,836 |
21,546 |
21,783 |
20,247 |
28,553 |
43,236 |
38,242 |
30,967 |
29,345 |
| Interest Bearing Deposits |
|
36,339 |
38,548 |
52,772 |
55,495 |
62,991 |
62,100 |
70,395 |
100,027 |
109,672 |
120,263 |
133,103 |
| Short-Term Debt |
|
2,397 |
615 |
3,693 |
5,056 |
2,017 |
2,606 |
183 |
334 |
2,027 |
620 |
199 |
| Long-Term Debt |
|
4,336 |
7,041 |
8,309 |
9,206 |
8,625 |
9,849 |
8,352 |
7,108 |
9,686 |
12,394 |
16,374 |
| Other Long-Term Liabilities |
|
1,505 |
1,472 |
1,796 |
2,068 |
2,263 |
2,405 |
2,562 |
4,041 |
5,510 |
5,726 |
5,427 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
6,328 |
6,595 |
10,308 |
10,814 |
11,102 |
11,795 |
12,993 |
19,318 |
17,769 |
19,398 |
19,782 |
| Total Preferred & Common Equity |
|
6,328 |
6,595 |
10,308 |
10,814 |
11,102 |
11,795 |
12,993 |
19,297 |
17,731 |
19,353 |
19,740 |
| Preferred Stock |
|
386 |
0.00 |
1,071 |
1,071 |
1,203 |
1,203 |
2,191 |
2,167 |
2,167 |
2,394 |
1,989 |
| Total Common Equity |
|
5,942 |
6,595 |
9,237 |
9,743 |
9,899 |
10,592 |
10,802 |
17,130 |
15,564 |
16,959 |
17,751 |
| Common Stock |
|
7,230 |
7,046 |
9,892 |
9,718 |
9,192 |
8,816 |
8,791 |
15,236 |
15,323 |
15,404 |
15,499 |
| Retained Earnings |
|
-1,052 |
-594 |
-227 |
588 |
1,361 |
2,088 |
1,878 |
2,202 |
3,419 |
4,322 |
5,204 |
| Treasury Stock |
|
-13 |
-18 |
-27 |
-35 |
-45 |
-56 |
-59 |
-79 |
-80 |
-91 |
-86 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-222 |
-226 |
-401 |
-528 |
-609 |
-256 |
192 |
-229 |
-3,098 |
-2,676 |
-2,866 |
| Noncontrolling Interest |
|
- |
- |
- |
- |
- |
- |
0.00 |
21 |
38 |
45 |
42 |
Quarterly Balance Sheets for Huntington Bancshares
This table presents Huntington Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Total Assets |
|
182,906 |
189,070 |
188,505 |
186,650 |
189,368 |
193,519 |
196,310 |
200,535 |
204,230 |
209,596 |
207,742 |
| Cash and Due from Banks |
|
1,796 |
1,568 |
1,636 |
1,602 |
1,558 |
1,189 |
1,333 |
1,677 |
1,685 |
1,598 |
1,776 |
| Interest Bearing Deposits at Other Banks |
|
5,122 |
203 |
210 |
258 |
8,765 |
11,216 |
11,450 |
11,163 |
11,647 |
14,330 |
9,171 |
| Trading Account Securities |
|
41,877 |
42,837 |
41,459 |
39,453 |
42,421 |
43,601 |
44,156 |
46,115 |
45,171 |
46,091 |
46,530 |
| Loans and Leases, Net of Allowance |
|
117,402 |
119,037 |
119,048 |
118,645 |
119,727 |
120,487 |
122,118 |
124,152 |
127,798 |
130,242 |
132,629 |
| Loans and Leases |
|
119,523 |
121,179 |
121,225 |
120,853 |
121,982 |
122,767 |
124,422 |
126,387 |
130,042 |
132,505 |
134,960 |
| Allowance for Loan and Lease Losses |
|
2,121 |
2,142 |
2,177 |
2,208 |
2,255 |
2,280 |
2,304 |
2,235 |
2,244 |
2,263 |
2,331 |
| Accrued Investment Income |
|
1,573 |
1,521 |
1,471 |
1,496 |
1,646 |
1,616 |
1,591 |
1,633 |
2,190 |
1,716 |
1,675 |
| Premises and Equipment, Net |
|
1,156 |
1,136 |
1,128 |
1,096 |
1,109 |
1,095 |
1,095 |
1,093 |
1,066 |
1,085 |
1,104 |
| Goodwill |
|
5,571 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
| Intangible Assets |
|
712 |
685 |
690 |
718 |
672 |
677 |
673 |
633 |
677 |
656 |
647 |
| Other Assets |
|
7,697 |
7,721 |
7,859 |
7,988 |
7,909 |
8,077 |
8,333 |
8,508 |
8,435 |
8,317 |
8,649 |
| Total Liabilities & Shareholders' Equity |
|
182,906 |
189,070 |
188,505 |
186,650 |
189,368 |
193,519 |
196,310 |
200,535 |
204,230 |
209,596 |
207,742 |
| Total Liabilities |
|
165,137 |
170,259 |
169,667 |
168,120 |
169,970 |
174,146 |
176,747 |
179,883 |
184,448 |
189,110 |
186,772 |
| Non-Interest Bearing Deposits |
|
38,242 |
36,789 |
33,340 |
31,666 |
30,967 |
29,739 |
28,636 |
29,047 |
29,345 |
30,217 |
28,656 |
| Interest Bearing Deposits |
|
109,672 |
108,489 |
114,688 |
117,201 |
120,263 |
123,486 |
125,731 |
129,304 |
133,103 |
135,120 |
134,724 |
| Short-Term Debt |
|
2,027 |
6,898 |
1,680 |
681 |
620 |
182 |
187 |
868 |
199 |
664 |
576 |
| Long-Term Debt |
|
9,686 |
13,072 |
14,711 |
12,822 |
12,394 |
14,894 |
16,461 |
15,656 |
16,374 |
18,096 |
17,467 |
| Other Long-Term Liabilities |
|
5,510 |
5,011 |
5,248 |
5,750 |
5,726 |
5,845 |
5,732 |
5,008 |
5,427 |
5,013 |
5,349 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
17,769 |
18,811 |
18,838 |
18,530 |
19,398 |
19,373 |
19,563 |
20,652 |
19,782 |
20,486 |
20,970 |
| Total Preferred & Common Equity |
|
17,731 |
18,758 |
18,788 |
18,483 |
19,353 |
19,322 |
19,515 |
20,606 |
19,740 |
20,434 |
20,928 |
| Preferred Stock |
|
2,167 |
2,484 |
2,484 |
2,484 |
2,394 |
2,394 |
2,394 |
2,394 |
1,989 |
1,989 |
1,989 |
| Total Common Equity |
|
15,564 |
16,274 |
16,304 |
15,999 |
16,959 |
16,928 |
17,121 |
18,212 |
17,751 |
18,445 |
18,939 |
| Common Stock |
|
15,323 |
15,347 |
15,350 |
15,378 |
15,404 |
15,422 |
15,440 |
15,470 |
15,499 |
15,494 |
15,521 |
| Retained Earnings |
|
3,419 |
3,764 |
4,052 |
4,334 |
4,322 |
4,476 |
4,682 |
4,935 |
5,204 |
5,474 |
5,751 |
| Treasury Stock |
|
-80 |
-82 |
-92 |
-91 |
-91 |
-91 |
-90 |
-89 |
-86 |
-90 |
-87 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-3,098 |
-2,755 |
-3,006 |
-3,622 |
-2,676 |
-2,879 |
-2,911 |
-2,104 |
-2,866 |
-2,433 |
-2,246 |
| Noncontrolling Interest |
|
38 |
53 |
50 |
47 |
45 |
51 |
48 |
46 |
42 |
52 |
42 |
Annual Metrics And Ratios for Huntington Bancshares
This table displays calculated financial ratios and metrics derived from Huntington Bancshares' official financial filings.
| Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
3.66% |
6.17% |
17.69% |
22.45% |
4.66% |
3.48% |
3.17% |
40.25% |
7.42% |
1.46% |
0.34% |
| EBITDA Growth |
|
3.09% |
5.83% |
3.59% |
39.00% |
17.38% |
-3.58% |
-34.52% |
104.93% |
18.37% |
-2.03% |
-4.93% |
| EBIT Growth |
|
-1.82% |
7.15% |
0.66% |
51.52% |
16.79% |
1.90% |
-41.41% |
142.08% |
17.47% |
-13.75% |
0.80% |
| NOPAT Growth |
|
-1.39% |
9.58% |
2.74% |
66.57% |
17.45% |
1.29% |
-42.10% |
58.75% |
73.40% |
-12.36% |
-0.56% |
| Net Income Growth |
|
-1.39% |
9.58% |
2.74% |
66.57% |
17.45% |
1.29% |
-42.10% |
217.26% |
-13.23% |
-12.36% |
-0.56% |
| EPS Growth |
|
0.00% |
12.50% |
-13.58% |
42.86% |
20.00% |
5.83% |
-45.67% |
30.43% |
61.11% |
-14.48% |
-1.61% |
| Operating Cash Flow Growth |
|
-12.28% |
16.23% |
17.62% |
60.82% |
-11.67% |
-8.81% |
-15.95% |
55.86% |
95.30% |
-34.02% |
-31.69% |
| Free Cash Flow Firm Growth |
|
-0.91% |
67.48% |
-1,378.17% |
78.49% |
399.05% |
-123.17% |
423.20% |
-211.19% |
87.98% |
-102.75% |
-106.78% |
| Invested Capital Growth |
|
19.82% |
9.11% |
56.55% |
12.40% |
-13.29% |
11.53% |
-11.22% |
24.30% |
10.17% |
9.94% |
12.17% |
| Revenue Q/Q Growth |
|
0.93% |
2.16% |
9.31% |
0.93% |
1.19% |
-0.21% |
1.73% |
21.06% |
-5.82% |
-3.16% |
3.26% |
| EBITDA Q/Q Growth |
|
2.88% |
-0.17% |
6.66% |
7.32% |
0.81% |
-3.95% |
2.61% |
45.65% |
-11.50% |
-12.03% |
47.92% |
| EBIT Q/Q Growth |
|
1.25% |
1.50% |
9.38% |
7.55% |
-1.21% |
-1.13% |
0.31% |
59.42% |
-14.24% |
-18.63% |
21.30% |
| NOPAT Q/Q Growth |
|
0.87% |
2.17% |
9.33% |
19.30% |
-6.51% |
-1.19% |
-0.12% |
7.10% |
12.34% |
-16.91% |
17.08% |
| Net Income Q/Q Growth |
|
0.87% |
2.17% |
9.33% |
19.30% |
-6.51% |
-1.19% |
-0.12% |
114.04% |
-31.79% |
-16.91% |
17.08% |
| EPS Q/Q Growth |
|
0.00% |
3.85% |
-1.41% |
20.48% |
-6.25% |
-0.78% |
-2.82% |
-1.10% |
13.28% |
-17.88% |
17.31% |
| Operating Cash Flow Q/Q Growth |
|
7.19% |
56.42% |
-7.81% |
19.50% |
-13.35% |
6.35% |
-31.63% |
26.58% |
27.16% |
-14.73% |
0.00% |
| Free Cash Flow Firm Q/Q Growth |
|
55.58% |
26.68% |
-13.26% |
-297.87% |
204.43% |
-27.18% |
43.80% |
6.06% |
-124.26% |
49.42% |
42.84% |
| Invested Capital Q/Q Growth |
|
0.16% |
-1.00% |
3.61% |
15.40% |
0.36% |
1.23% |
-3.52% |
-3.44% |
6.18% |
1.18% |
-2.21% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
42.11% |
41.97% |
36.94% |
41.94% |
47.03% |
43.82% |
27.81% |
40.63% |
44.78% |
43.23% |
40.96% |
| EBIT Margin |
|
30.29% |
30.57% |
26.14% |
32.35% |
36.10% |
35.55% |
20.19% |
34.84% |
38.10% |
32.39% |
32.54% |
| Profit (Net Income) Margin |
|
22.45% |
23.18% |
20.23% |
27.52% |
30.89% |
30.23% |
16.97% |
38.38% |
31.00% |
26.78% |
26.54% |
| Tax Burden Percent |
|
74.14% |
75.82% |
77.39% |
85.08% |
85.57% |
85.05% |
84.05% |
162.92% |
81.37% |
82.68% |
81.56% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
67.62% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
25.86% |
24.18% |
22.61% |
14.92% |
14.43% |
14.95% |
15.95% |
18.48% |
18.63% |
17.32% |
18.44% |
| Return on Invested Capital (ROIC) |
|
5.28% |
5.07% |
3.89% |
5.01% |
5.95% |
6.14% |
3.57% |
5.37% |
8.00% |
6.37% |
5.70% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
5.28% |
5.07% |
3.89% |
5.01% |
5.95% |
6.14% |
3.57% |
21.58% |
8.00% |
6.37% |
5.70% |
| Return on Net Nonoperating Assets (RNNOA) |
|
4.91% |
5.65% |
4.53% |
6.22% |
6.76% |
6.19% |
3.02% |
10.67% |
4.13% |
4.24% |
4.30% |
| Return on Equity (ROE) |
|
10.18% |
10.73% |
8.42% |
11.23% |
12.71% |
12.32% |
6.59% |
16.04% |
12.13% |
10.61% |
10.01% |
| Cash Return on Invested Capital (CROIC) |
|
-12.76% |
-3.64% |
-40.19% |
-6.67% |
20.18% |
-4.76% |
15.46% |
-16.30% |
-1.68% |
-3.10% |
-5.77% |
| Operating Return on Assets (OROA) |
|
1.36% |
1.33% |
1.08% |
1.37% |
1.53% |
1.52% |
0.84% |
1.58% |
1.55% |
1.28% |
1.22% |
| Return on Assets (ROA) |
|
1.01% |
1.01% |
0.83% |
1.16% |
1.31% |
1.30% |
0.70% |
1.74% |
1.26% |
1.06% |
1.00% |
| Return on Common Equity (ROCE) |
|
9.55% |
10.40% |
7.89% |
10.09% |
11.39% |
11.03% |
5.69% |
13.87% |
10.69% |
9.28% |
8.86% |
| Return on Equity Simple (ROE_SIMPLE) |
|
9.99% |
10.51% |
6.91% |
10.97% |
12.55% |
11.96% |
6.29% |
13.43% |
12.68% |
10.18% |
9.93% |
| Net Operating Profit after Tax (NOPAT) |
|
632 |
693 |
712 |
1,186 |
1,393 |
1,411 |
817 |
1,297 |
2,249 |
1,971 |
1,960 |
| NOPAT Margin |
|
22.45% |
23.18% |
20.23% |
27.52% |
30.89% |
30.23% |
16.97% |
19.21% |
31.00% |
26.78% |
26.54% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-16.21% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
55.38% |
55.25% |
57.83% |
52.91% |
49.98% |
50.55% |
50.92% |
56.26% |
49.86% |
51.06% |
53.76% |
| Operating Expenses to Revenue |
|
66.84% |
66.09% |
68.43% |
62.98% |
58.69% |
58.30% |
58.05% |
64.79% |
57.91% |
62.15% |
61.77% |
| Earnings before Interest and Taxes (EBIT) |
|
853 |
914 |
920 |
1,394 |
1,628 |
1,659 |
972 |
2,353 |
2,764 |
2,384 |
2,403 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
1,186 |
1,255 |
1,300 |
1,807 |
2,121 |
2,045 |
1,339 |
2,744 |
3,248 |
3,182 |
3,025 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.99 |
0.94 |
1.12 |
1.20 |
0.98 |
1.18 |
1.01 |
1.15 |
1.18 |
1.04 |
1.33 |
| Price to Tangible Book Value (P/TBV) |
|
1.10 |
1.06 |
1.52 |
1.63 |
1.32 |
1.53 |
1.30 |
1.76 |
1.99 |
1.64 |
2.05 |
| Price to Revenue (P/Rev) |
|
2.09 |
2.07 |
2.95 |
2.71 |
2.15 |
2.67 |
2.27 |
2.92 |
2.54 |
2.39 |
3.20 |
| Price to Earnings (P/E) |
|
9.81 |
9.37 |
16.02 |
10.51 |
7.34 |
9.31 |
15.21 |
17.09 |
8.67 |
9.70 |
13.12 |
| Dividend Yield |
|
2.90% |
3.22% |
3.03% |
3.24% |
5.46% |
4.81% |
5.60% |
4.44% |
4.85% |
5.10% |
3.81% |
| Earnings Yield |
|
10.20% |
10.67% |
6.24% |
9.51% |
13.62% |
10.74% |
6.57% |
5.85% |
11.53% |
10.31% |
7.62% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.90 |
0.91 |
0.99 |
1.01 |
0.87 |
1.02 |
0.69 |
0.88 |
0.86 |
0.70 |
0.80 |
| Enterprise Value to Revenue (EV/Rev) |
|
4.16 |
4.33 |
6.25 |
5.90 |
4.18 |
5.32 |
3.10 |
3.47 |
3.50 |
3.09 |
3.91 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
9.89 |
10.32 |
16.92 |
14.08 |
8.88 |
12.14 |
11.14 |
8.53 |
7.83 |
7.15 |
9.55 |
| Enterprise Value to EBIT (EV/EBIT) |
|
13.74 |
14.17 |
23.91 |
18.25 |
11.57 |
14.97 |
15.35 |
9.95 |
9.20 |
9.54 |
12.03 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
18.54 |
18.69 |
30.89 |
21.45 |
13.52 |
17.60 |
18.26 |
18.06 |
11.30 |
11.54 |
14.75 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
13.19 |
12.54 |
18.10 |
13.02 |
10.91 |
15.78 |
11.28 |
11.36 |
6.31 |
8.56 |
15.92 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
3.99 |
0.00 |
4.22 |
0.00 |
0.00 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
1.06 |
1.16 |
1.16 |
1.32 |
0.96 |
1.06 |
0.66 |
0.39 |
0.66 |
0.67 |
0.84 |
| Long-Term Debt to Equity |
|
0.69 |
1.07 |
0.81 |
0.85 |
0.78 |
0.84 |
0.64 |
0.37 |
0.55 |
0.64 |
0.83 |
| Financial Leverage |
|
0.93 |
1.11 |
1.16 |
1.24 |
1.14 |
1.01 |
0.85 |
0.49 |
0.52 |
0.67 |
0.76 |
| Leverage Ratio |
|
10.13 |
10.63 |
10.10 |
9.65 |
9.72 |
9.51 |
9.36 |
9.20 |
9.63 |
10.02 |
10.05 |
| Compound Leverage Factor |
|
10.13 |
10.63 |
10.10 |
9.65 |
9.72 |
9.51 |
9.36 |
6.22 |
9.63 |
10.02 |
10.05 |
| Debt to Total Capital |
|
51.55% |
53.73% |
53.80% |
56.88% |
48.94% |
51.36% |
39.65% |
27.81% |
39.73% |
40.15% |
45.59% |
| Short-Term Debt to Total Capital |
|
18.35% |
4.32% |
16.55% |
20.16% |
9.28% |
10.75% |
0.85% |
1.25% |
6.88% |
1.91% |
0.55% |
| Long-Term Debt to Total Capital |
|
33.20% |
49.41% |
37.24% |
36.71% |
39.67% |
40.61% |
38.80% |
26.56% |
32.85% |
38.24% |
45.04% |
| Preferred Equity to Total Capital |
|
2.96% |
0.00% |
4.80% |
4.27% |
5.53% |
4.96% |
10.18% |
8.10% |
7.35% |
7.39% |
5.47% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.08% |
0.13% |
0.14% |
0.12% |
| Common Equity to Total Capital |
|
45.49% |
46.27% |
41.40% |
38.85% |
45.53% |
43.68% |
50.18% |
64.01% |
52.79% |
52.32% |
48.83% |
| Debt to EBITDA |
|
5.68 |
6.10 |
9.23 |
7.89 |
5.02 |
6.09 |
6.37 |
2.71 |
3.61 |
4.09 |
5.48 |
| Net Debt to EBITDA |
|
4.59 |
5.38 |
8.12 |
7.03 |
3.73 |
5.47 |
1.36 |
0.56 |
1.48 |
0.85 |
1.07 |
| Long-Term Debt to EBITDA |
|
3.66 |
5.61 |
6.39 |
5.09 |
4.07 |
4.82 |
6.24 |
2.59 |
2.98 |
3.90 |
5.41 |
| Debt to NOPAT |
|
10.65 |
11.05 |
16.86 |
12.03 |
7.64 |
8.83 |
10.45 |
5.74 |
5.21 |
6.60 |
8.46 |
| Net Debt to NOPAT |
|
8.61 |
9.75 |
14.83 |
10.70 |
5.68 |
7.93 |
2.23 |
1.18 |
2.13 |
1.37 |
1.65 |
| Long-Term Debt to NOPAT |
|
6.86 |
10.16 |
11.67 |
7.76 |
6.19 |
6.98 |
10.22 |
5.48 |
4.31 |
6.29 |
8.35 |
| Noncontrolling Interest Sharing Ratio |
|
6.22% |
2.99% |
6.34% |
10.14% |
10.38% |
10.51% |
13.69% |
13.55% |
11.85% |
12.50% |
11.41% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-1,528 |
-497 |
-7,347 |
-1,580 |
4,725 |
-1,095 |
3,539 |
-3,935 |
-473 |
-959 |
-1,983 |
| Operating Cash Flow to CapEx |
|
1,509.95% |
1,110.75% |
1,012.50% |
1,007.22% |
1,569.09% |
1,471.03% |
1,111.76% |
834.82% |
1,881.78% |
1,897.86% |
1,269.23% |
| Free Cash Flow to Firm to Interest Expense |
|
-10.97 |
-3.03 |
-27.93 |
-3.67 |
6.22 |
-1.11 |
8.37 |
-44.21 |
-0.68 |
-0.28 |
-0.43 |
| Operating Cash Flow to Interest Expense |
|
6.38 |
6.30 |
4.62 |
4.53 |
2.27 |
1.59 |
3.13 |
23.17 |
5.79 |
0.76 |
0.40 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
5.96 |
5.73 |
4.16 |
4.08 |
2.13 |
1.48 |
2.85 |
20.39 |
5.48 |
0.72 |
0.37 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.05 |
0.04 |
0.04 |
0.04 |
| Fixed Asset Turnover |
|
4.50 |
4.83 |
4.90 |
5.13 |
5.45 |
6.01 |
6.34 |
7.03 |
6.25 |
6.50 |
6.79 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
13,061 |
14,251 |
22,310 |
25,076 |
21,744 |
24,250 |
21,528 |
26,760 |
29,482 |
32,412 |
36,355 |
| Invested Capital Turnover |
|
0.24 |
0.22 |
0.19 |
0.18 |
0.19 |
0.20 |
0.21 |
0.28 |
0.26 |
0.24 |
0.21 |
| Increase / (Decrease) in Invested Capital |
|
2,161 |
1,190 |
8,059 |
2,766 |
-3,332 |
2,506 |
-2,722 |
5,232 |
2,722 |
2,930 |
3,943 |
| Enterprise Value (EV) |
|
11,724 |
12,951 |
21,996 |
25,438 |
18,833 |
24,836 |
14,921 |
23,419 |
25,425 |
22,750 |
28,903 |
| Market Capitalization |
|
5,890 |
6,194 |
10,366 |
11,672 |
9,713 |
12,450 |
10,907 |
19,703 |
18,425 |
17,620 |
23,631 |
| Book Value per Share |
|
$7.30 |
$8.28 |
$8.52 |
$9.01 |
$9.33 |
$10.26 |
$10.62 |
$11.84 |
$10.79 |
$11.71 |
$12.23 |
| Tangible Book Value per Share |
|
$6.56 |
$7.36 |
$6.31 |
$6.63 |
$6.95 |
$7.87 |
$8.24 |
$7.72 |
$6.43 |
$7.41 |
$7.93 |
| Total Capital |
|
13,061 |
14,251 |
22,310 |
25,076 |
21,744 |
24,250 |
21,528 |
26,760 |
29,482 |
32,412 |
36,355 |
| Total Debt |
|
6,733 |
7,657 |
12,002 |
14,262 |
10,642 |
12,455 |
8,535 |
7,442 |
11,713 |
13,014 |
16,573 |
| Total Long-Term Debt |
|
4,336 |
7,041 |
8,309 |
9,206 |
8,625 |
9,849 |
8,352 |
7,108 |
9,686 |
12,394 |
16,374 |
| Net Debt |
|
5,448 |
6,758 |
10,559 |
12,695 |
7,917 |
11,183 |
1,823 |
1,528 |
4,795 |
2,691 |
3,241 |
| Capital Expenditures (CapEx) |
|
59 |
93 |
120 |
194 |
110 |
107 |
119 |
247 |
214 |
140 |
143 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-1,295 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
6,733 |
7,657 |
12,002 |
14,262 |
10,642 |
12,455 |
8,535 |
7,442 |
11,713 |
13,014 |
16,573 |
| Total Depreciation and Amortization (D&A) |
|
333 |
341 |
380 |
413 |
493 |
386 |
367 |
391 |
484 |
798 |
622 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.73 |
$0.82 |
$0.72 |
$1.02 |
$1.22 |
$1.29 |
$0.71 |
$0.91 |
$1.47 |
$1.26 |
$1.24 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
819.92M |
803.41M |
904.44M |
1.08B |
1.08B |
1.04B |
1.02B |
1.26B |
1.44B |
1.45B |
1.45B |
| Adjusted Diluted Earnings per Share |
|
$0.72 |
$0.81 |
$0.70 |
$1.00 |
$1.20 |
$1.27 |
$0.69 |
$0.90 |
$1.45 |
$1.24 |
$1.22 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
833.08M |
817.13M |
918.79M |
1.14B |
1.11B |
1.06B |
1.03B |
1.29B |
1.47B |
1.47B |
1.48B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.29 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
810.03M |
795.03M |
1.09B |
1.07B |
1.05B |
1.02B |
1.02B |
1.44B |
1.44B |
1.45B |
1.45B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
632 |
693 |
712 |
1,186 |
1,393 |
1,411 |
817 |
1,297 |
2,249 |
1,971 |
1,960 |
| Normalized NOPAT Margin |
|
22.45% |
23.18% |
20.23% |
27.52% |
30.89% |
30.23% |
16.97% |
19.21% |
31.00% |
26.78% |
26.54% |
| Pre Tax Income Margin |
|
30.29% |
30.57% |
26.14% |
32.35% |
36.10% |
35.55% |
20.19% |
23.56% |
38.10% |
32.39% |
32.54% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
6.12 |
5.57 |
3.50 |
3.23 |
2.14 |
1.68 |
2.30 |
26.44 |
3.97 |
0.69 |
0.53 |
| NOPAT to Interest Expense |
|
4.54 |
4.23 |
2.71 |
2.75 |
1.83 |
1.43 |
1.93 |
14.57 |
3.23 |
0.57 |
0.43 |
| EBIT Less CapEx to Interest Expense |
|
5.70 |
5.01 |
3.04 |
2.78 |
2.00 |
1.57 |
2.02 |
23.66 |
3.66 |
0.65 |
0.49 |
| NOPAT Less CapEx to Interest Expense |
|
4.12 |
3.66 |
2.25 |
2.30 |
1.69 |
1.32 |
1.65 |
11.80 |
2.92 |
0.53 |
0.40 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
31.43% |
32.47% |
41.99% |
35.83% |
41.92% |
47.55% |
85.43% |
34.26% |
44.91% |
52.46% |
53.37% |
| Augmented Payout Ratio |
|
84.32% |
68.83% |
41.99% |
57.76% |
109.33% |
78.81% |
96.70% |
59.34% |
44.91% |
52.46% |
53.37% |
Quarterly Metrics And Ratios for Huntington Bancshares
This table displays calculated financial ratios and metrics derived from Huntington Bancshares' official financial filings.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-18.60% |
16.78% |
5.44% |
-1.31% |
-12.24% |
-8.69% |
-2.06% |
-0.16% |
13.54% |
9.46% |
7.49% |
| EBITDA Growth |
|
-31.40% |
31.37% |
19.18% |
1.23% |
-71.37% |
-21.52% |
-16.09% |
-14.63% |
202.65% |
23.14% |
9.26% |
| EBIT Growth |
|
-36.66% |
32.28% |
5.75% |
-7.40% |
-68.85% |
-32.00% |
-16.17% |
-7.27% |
170.85% |
28.04% |
8.87% |
| NOPAT Growth |
|
61.44% |
31.17% |
4.44% |
-7.54% |
-61.79% |
-30.03% |
-15.04% |
-5.43% |
115.32% |
25.24% |
12.92% |
| Net Income Growth |
|
-61.76% |
31.17% |
4.44% |
-7.54% |
-61.79% |
-30.03% |
-15.04% |
-5.43% |
115.32% |
25.24% |
12.92% |
| EPS Growth |
|
68.00% |
34.48% |
0.00% |
-10.26% |
-64.29% |
-33.33% |
-14.29% |
-5.71% |
120.00% |
30.77% |
13.33% |
| Operating Cash Flow Growth |
|
173.04% |
-84.69% |
-35.38% |
18.09% |
0.00% |
256.92% |
-51.59% |
-143.84% |
0.00% |
6.43% |
86.53% |
| Free Cash Flow Firm Growth |
|
57.08% |
-202.02% |
-6,457.95% |
-781.83% |
-29.38% |
137.94% |
91.30% |
-24.35% |
-27.11% |
-189.70% |
-350.20% |
| Invested Capital Growth |
|
10.17% |
51.25% |
21.93% |
15.37% |
9.94% |
-11.17% |
2.79% |
16.06% |
12.17% |
13.92% |
7.74% |
| Revenue Q/Q Growth |
|
3.10% |
-33.76% |
-4.16% |
1.96% |
-8.31% |
-35.49% |
2.79% |
3.94% |
4.27% |
-1.74% |
0.94% |
| EBITDA Q/Q Growth |
|
3.48% |
-52.07% |
1.01% |
0.11% |
-70.73% |
-52.86% |
8.00% |
1.85% |
3.77% |
7.88% |
-4.18% |
| EBIT Q/Q Growth |
|
6.73% |
-56.70% |
-6.80% |
-1.57% |
-64.10% |
-59.04% |
14.90% |
8.87% |
4.86% |
-2.39% |
-2.30% |
| NOPAT Q/Q Growth |
|
8.71% |
-6.63% |
-6.77% |
-2.30% |
-55.07% |
70.97% |
13.21% |
8.75% |
2.30% |
-0.56% |
2.07% |
| Net Income Q/Q Growth |
|
8.71% |
-79.01% |
-6.77% |
-2.30% |
-55.07% |
-80.72% |
13.21% |
8.75% |
2.30% |
-0.56% |
2.07% |
| EPS Q/Q Growth |
|
7.69% |
-7.14% |
-10.26% |
0.00% |
-57.14% |
73.33% |
15.38% |
10.00% |
0.00% |
3.03% |
0.00% |
| Operating Cash Flow Q/Q Growth |
|
60.40% |
-90.42% |
384.62% |
58.57% |
0.00% |
-48.33% |
-34.27% |
-243.61% |
438.81% |
-65.43% |
7.99% |
| Free Cash Flow Firm Q/Q Growth |
|
-480.37% |
-504.63% |
53.96% |
35.61% |
27.83% |
277.33% |
-110.56% |
-820.52% |
26.23% |
-25.14% |
47.02% |
| Invested Capital Q/Q Growth |
|
6.18% |
31.54% |
-9.16% |
-9.07% |
1.18% |
6.28% |
5.11% |
2.66% |
-2.21% |
7.95% |
-0.59% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
47.02% |
46.43% |
48.94% |
48.06% |
15.34% |
39.91% |
41.93% |
41.09% |
40.89% |
44.90% |
42.62% |
| EBIT Margin |
|
40.44% |
39.04% |
37.97% |
36.65% |
14.35% |
29.08% |
32.50% |
34.04% |
34.24% |
34.01% |
32.92% |
| Profit (Net Income) Margin |
|
33.10% |
31.55% |
30.69% |
29.41% |
14.41% |
24.17% |
26.62% |
27.85% |
27.33% |
27.66% |
27.97% |
| Tax Burden Percent |
|
81.84% |
80.80% |
80.83% |
80.23% |
100.40% |
83.14% |
81.91% |
81.82% |
79.82% |
81.32% |
84.95% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
18.16% |
19.20% |
19.17% |
19.77% |
-0.40% |
16.86% |
18.09% |
18.18% |
20.18% |
18.68% |
15.05% |
| Return on Invested Capital (ROIC) |
|
8.54% |
8.29% |
8.20% |
7.48% |
3.43% |
5.41% |
6.08% |
5.76% |
5.87% |
5.67% |
5.72% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
8.54% |
8.29% |
8.20% |
7.48% |
3.43% |
5.41% |
6.08% |
5.76% |
5.87% |
5.67% |
5.72% |
| Return on Net Nonoperating Assets (RNNOA) |
|
4.41% |
6.03% |
6.08% |
5.05% |
2.28% |
4.96% |
5.23% |
4.41% |
4.43% |
4.81% |
4.89% |
| Return on Equity (ROE) |
|
12.95% |
14.33% |
14.28% |
12.52% |
5.71% |
10.37% |
11.30% |
10.17% |
10.30% |
10.48% |
10.61% |
| Cash Return on Invested Capital (CROIC) |
|
-1.68% |
-33.36% |
-12.22% |
-6.34% |
-3.10% |
16.72% |
2.02% |
-10.02% |
-5.77% |
-7.41% |
-1.79% |
| Operating Return on Assets (OROA) |
|
1.64% |
1.81% |
1.77% |
1.52% |
0.57% |
1.25% |
1.38% |
1.26% |
1.28% |
1.27% |
1.25% |
| Return on Assets (ROA) |
|
1.35% |
1.46% |
1.43% |
1.22% |
0.57% |
1.04% |
1.13% |
1.03% |
1.03% |
1.04% |
1.06% |
| Return on Common Equity (ROCE) |
|
11.41% |
12.51% |
12.44% |
10.86% |
4.99% |
9.02% |
9.84% |
8.88% |
9.13% |
9.30% |
9.44% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
24.69% |
24.78% |
12.83% |
0.00% |
19.36% |
18.73% |
8.12% |
0.00% |
10.12% |
10.17% |
| Net Operating Profit after Tax (NOPAT) |
|
649 |
606 |
565 |
552 |
248 |
424 |
480 |
522 |
534 |
531 |
542 |
| NOPAT Margin |
|
33.10% |
31.55% |
30.69% |
29.41% |
14.41% |
24.17% |
26.62% |
27.85% |
27.33% |
27.66% |
27.97% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
47.63% |
49.14% |
49.00% |
49.44% |
57.18% |
56.21% |
53.58% |
52.72% |
52.71% |
52.19% |
54.39% |
| Operating Expenses to Revenue |
|
54.92% |
56.53% |
57.03% |
58.07% |
78.33% |
64.82% |
61.95% |
60.30% |
60.29% |
60.00% |
61.76% |
| Earnings before Interest and Taxes (EBIT) |
|
793 |
750 |
699 |
688 |
247 |
510 |
586 |
638 |
669 |
653 |
638 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
922 |
892 |
901 |
902 |
264 |
700 |
756 |
770 |
799 |
862 |
826 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
1.18 |
0.93 |
0.91 |
0.89 |
1.04 |
1.18 |
1.12 |
1.16 |
1.33 |
1.18 |
1.29 |
| Price to Tangible Book Value (P/TBV) |
|
1.99 |
1.51 |
1.47 |
1.46 |
1.64 |
1.87 |
1.75 |
1.76 |
2.05 |
1.78 |
1.92 |
| Price to Revenue (P/Rev) |
|
2.54 |
1.79 |
1.73 |
1.87 |
2.39 |
2.44 |
2.34 |
2.96 |
3.20 |
2.89 |
3.18 |
| Price to Earnings (P/E) |
|
8.67 |
6.68 |
6.50 |
6.42 |
9.70 |
12.26 |
12.35 |
13.94 |
13.12 |
11.38 |
12.28 |
| Dividend Yield |
|
4.85% |
5.91% |
6.05% |
6.31% |
5.10% |
4.50% |
4.70% |
4.26% |
3.81% |
4.13% |
3.70% |
| Earnings Yield |
|
11.53% |
14.96% |
15.37% |
15.59% |
10.31% |
8.16% |
8.10% |
7.18% |
7.62% |
8.79% |
8.14% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.86 |
0.70 |
0.64 |
0.58 |
0.70 |
0.73 |
0.70 |
0.73 |
0.80 |
0.68 |
0.86 |
| Enterprise Value to Revenue (EV/Rev) |
|
3.50 |
3.20 |
2.62 |
2.44 |
3.09 |
3.06 |
3.12 |
3.81 |
3.91 |
3.54 |
4.36 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
7.83 |
6.15 |
4.93 |
5.14 |
7.15 |
6.28 |
6.61 |
13.34 |
9.55 |
8.38 |
10.30 |
| Enterprise Value to EBIT (EV/EBIT) |
|
9.20 |
6.97 |
5.72 |
6.34 |
9.54 |
7.98 |
8.39 |
13.77 |
12.03 |
10.48 |
12.91 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
11.30 |
11.32 |
9.28 |
7.83 |
11.54 |
14.01 |
14.91 |
16.30 |
14.75 |
12.91 |
15.76 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
6.31 |
8.19 |
7.57 |
5.96 |
8.56 |
8.38 |
9.53 |
0.00 |
15.92 |
14.46 |
15.95 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
4.09 |
35.19 |
0.00 |
0.00 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.66 |
1.06 |
0.87 |
0.73 |
0.67 |
0.78 |
0.85 |
0.80 |
0.84 |
0.92 |
0.86 |
| Long-Term Debt to Equity |
|
0.55 |
0.69 |
0.78 |
0.69 |
0.64 |
0.77 |
0.84 |
0.76 |
0.83 |
0.88 |
0.83 |
| Financial Leverage |
|
0.52 |
0.73 |
0.74 |
0.68 |
0.67 |
0.92 |
0.86 |
0.77 |
0.76 |
0.85 |
0.86 |
| Leverage Ratio |
|
9.63 |
9.81 |
9.98 |
10.25 |
10.02 |
10.02 |
10.02 |
9.88 |
10.05 |
10.11 |
9.97 |
| Compound Leverage Factor |
|
9.63 |
9.81 |
9.98 |
10.25 |
10.02 |
10.02 |
10.02 |
9.88 |
10.05 |
10.11 |
9.97 |
| Debt to Total Capital |
|
39.73% |
51.49% |
46.53% |
42.15% |
40.15% |
43.76% |
45.98% |
44.45% |
45.59% |
47.80% |
46.25% |
| Short-Term Debt to Total Capital |
|
6.88% |
17.79% |
4.77% |
2.13% |
1.91% |
0.53% |
0.52% |
2.33% |
0.55% |
1.69% |
1.48% |
| Long-Term Debt to Total Capital |
|
32.85% |
33.71% |
41.76% |
40.03% |
38.24% |
43.23% |
45.46% |
42.11% |
45.04% |
46.11% |
44.77% |
| Preferred Equity to Total Capital |
|
7.35% |
6.41% |
7.05% |
7.75% |
7.39% |
6.95% |
6.61% |
6.44% |
5.47% |
5.07% |
5.10% |
| Noncontrolling Interests to Total Capital |
|
0.13% |
0.14% |
0.14% |
0.15% |
0.14% |
0.15% |
0.13% |
0.12% |
0.12% |
0.13% |
0.11% |
| Common Equity to Total Capital |
|
52.79% |
41.96% |
46.28% |
49.95% |
52.32% |
49.14% |
47.28% |
48.99% |
48.83% |
47.00% |
48.55% |
| Debt to EBITDA |
|
3.61 |
4.54 |
3.61 |
3.73 |
4.09 |
3.78 |
4.33 |
8.08 |
5.48 |
5.89 |
5.54 |
| Net Debt to EBITDA |
|
1.48 |
2.14 |
1.12 |
0.50 |
0.85 |
0.67 |
1.01 |
1.80 |
1.07 |
0.89 |
2.18 |
| Long-Term Debt to EBITDA |
|
2.98 |
2.97 |
3.24 |
3.54 |
3.90 |
3.73 |
4.28 |
7.66 |
5.41 |
5.68 |
5.36 |
| Debt to NOPAT |
|
5.21 |
8.35 |
6.78 |
5.69 |
6.60 |
8.43 |
9.77 |
9.87 |
8.46 |
9.08 |
8.47 |
| Net Debt to NOPAT |
|
2.13 |
3.93 |
2.11 |
0.76 |
1.37 |
1.49 |
2.27 |
2.20 |
1.65 |
1.37 |
3.33 |
| Long-Term Debt to NOPAT |
|
4.31 |
5.46 |
6.09 |
5.41 |
6.29 |
8.33 |
9.66 |
9.35 |
8.35 |
8.75 |
8.20 |
| Noncontrolling Interest Sharing Ratio |
|
11.85% |
12.69% |
12.85% |
13.26% |
12.50% |
13.05% |
12.96% |
12.69% |
11.41% |
11.25% |
11.04% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-2,073 |
-12,534 |
-5,771 |
-3,716 |
-2,682 |
4,756 |
-502 |
-4,621 |
-3,409 |
-4,266 |
-2,260 |
| Operating Cash Flow to CapEx |
|
2,769.39% |
520.00% |
1,968.75% |
4,343.48% |
0.00% |
1,450.00% |
726.19% |
-1,042.86% |
5,496.30% |
950.00% |
1,025.93% |
| Free Cash Flow to Firm to Interest Expense |
|
-5.29 |
-20.25 |
-6.57 |
-3.93 |
-2.59 |
4.35 |
-0.43 |
-3.84 |
-3.06 |
-4.01 |
-2.08 |
| Operating Cash Flow to Interest Expense |
|
3.46 |
0.21 |
0.72 |
1.06 |
0.00 |
0.42 |
0.26 |
-0.36 |
1.33 |
0.48 |
0.51 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
3.34 |
0.17 |
0.68 |
1.03 |
0.00 |
0.40 |
0.23 |
-0.40 |
1.31 |
0.43 |
0.46 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.04 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
| Fixed Asset Turnover |
|
6.25 |
7.34 |
7.44 |
6.70 |
6.50 |
7.34 |
7.34 |
6.53 |
6.79 |
6.93 |
6.99 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
29,482 |
38,781 |
35,229 |
32,033 |
32,412 |
34,449 |
36,211 |
37,176 |
36,355 |
39,246 |
39,013 |
| Invested Capital Turnover |
|
0.26 |
0.26 |
0.27 |
0.25 |
0.24 |
0.22 |
0.23 |
0.21 |
0.21 |
0.20 |
0.20 |
| Increase / (Decrease) in Invested Capital |
|
2,722 |
13,140 |
6,336 |
4,268 |
2,930 |
-4,332 |
982 |
5,143 |
3,943 |
4,797 |
2,802 |
| Enterprise Value (EV) |
|
25,425 |
27,077 |
22,428 |
18,576 |
22,750 |
25,064 |
25,408 |
27,279 |
28,903 |
26,694 |
33,543 |
| Market Capitalization |
|
18,425 |
15,142 |
14,792 |
14,235 |
17,620 |
19,948 |
19,101 |
21,155 |
23,631 |
21,821 |
24,416 |
| Book Value per Share |
|
$10.79 |
$11.28 |
$11.29 |
$11.05 |
$11.71 |
$11.69 |
$11.81 |
$12.54 |
$12.23 |
$12.69 |
$13.00 |
| Tangible Book Value per Share |
|
$6.43 |
$6.95 |
$6.96 |
$6.71 |
$7.41 |
$7.38 |
$7.51 |
$8.27 |
$7.93 |
$8.41 |
$8.74 |
| Total Capital |
|
29,482 |
38,781 |
35,229 |
32,033 |
32,412 |
34,449 |
36,211 |
37,176 |
36,355 |
39,246 |
39,013 |
| Total Debt |
|
11,713 |
19,970 |
16,391 |
13,503 |
13,014 |
15,076 |
16,648 |
16,524 |
16,573 |
18,760 |
18,043 |
| Total Long-Term Debt |
|
9,686 |
13,072 |
14,711 |
12,822 |
12,394 |
14,894 |
16,461 |
15,656 |
16,374 |
18,096 |
17,467 |
| Net Debt |
|
4,795 |
9,398 |
5,102 |
1,810 |
2,691 |
2,671 |
3,865 |
3,684 |
3,241 |
2,832 |
7,096 |
| Capital Expenditures (CapEx) |
|
49 |
25 |
32 |
23 |
0.00 |
32 |
42 |
42 |
27 |
54 |
54 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
11,713 |
19,970 |
16,391 |
13,503 |
13,014 |
15,076 |
16,648 |
16,524 |
16,573 |
18,760 |
18,043 |
| Total Depreciation and Amortization (D&A) |
|
129 |
142 |
202 |
214 |
17 |
190 |
170 |
132 |
130 |
209 |
188 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.43 |
$0.40 |
$0.36 |
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.35 |
$0.34 |
$0.35 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
1.44B |
1.44B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
| Adjusted Diluted Earnings per Share |
|
$0.42 |
$0.39 |
$0.35 |
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.33 |
$0.34 |
$0.34 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
1.47B |
1.47B |
1.47B |
1.47B |
1.47B |
1.47B |
1.47B |
1.48B |
1.48B |
1.48B |
1.48B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
1.44B |
1.44B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
1.46B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
649 |
606 |
565 |
552 |
173 |
424 |
480 |
522 |
534 |
531 |
542 |
| Normalized NOPAT Margin |
|
33.10% |
31.55% |
30.69% |
29.41% |
10.05% |
24.17% |
26.62% |
27.85% |
27.33% |
27.66% |
27.97% |
| Pre Tax Income Margin |
|
40.44% |
39.04% |
37.97% |
36.65% |
14.35% |
29.08% |
32.50% |
34.04% |
34.24% |
34.01% |
32.92% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
2.02 |
1.21 |
0.80 |
0.73 |
0.24 |
0.47 |
0.50 |
0.53 |
0.60 |
0.61 |
0.59 |
| NOPAT to Interest Expense |
|
1.66 |
0.98 |
0.64 |
0.58 |
0.24 |
0.39 |
0.41 |
0.43 |
0.48 |
0.50 |
0.50 |
| EBIT Less CapEx to Interest Expense |
|
1.90 |
1.17 |
0.76 |
0.70 |
0.24 |
0.44 |
0.47 |
0.50 |
0.58 |
0.56 |
0.54 |
| NOPAT Less CapEx to Interest Expense |
|
1.53 |
0.94 |
0.61 |
0.56 |
0.24 |
0.36 |
0.38 |
0.40 |
0.45 |
0.45 |
0.45 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
44.91% |
21.83% |
21.72% |
43.17% |
52.46% |
27.86% |
28.73% |
0.00% |
53.37% |
50.17% |
48.43% |
| Augmented Payout Ratio |
|
44.91% |
21.83% |
21.72% |
43.17% |
52.46% |
27.86% |
28.73% |
0.00% |
53.37% |
50.17% |
48.43% |
Key Financial Trends
Huntington Bancshares (NASDAQ: HBAN) has demonstrated stable financial performance over the past three years, with steady growth in earnings and manageable credit costs, though facing some headwinds in deposit and loan growth lately.
Positive Factors:
- Net income has grown from $606 million in Q1 2023 to $542 million in Q2 2025, showing consistent profitability.
- Loan and lease interest income increased from about $1.58 billion in Q3 2022 to roughly $1.97 billion in Q2 2025, indicating loan portfolio growth and higher interest income.
- Non-interest income remained reasonably steady, supporting diversified revenue streams beyond just interest income.
- Provision for loan losses has mostly stabilized around $100 million per quarter, reflecting disciplined credit risk management.
- Total assets grew from approximately $179 billion in Q3 2022 to $207.7 billion in Q2 2025, signaling balance sheet expansion.
- Total equity increased from about $18.5 billion in Q3 2022 to approximately $20.97 billion in Q2 2025, indicating capital base strengthening.
- Operating cash flow remains positive and robust, generating $554 million in Q2 2025, supporting sustainability of operations.
- Stable dividend payments at $0.155 per share each quarter reflect reliable shareholder returns.
- Allowance for loan and lease losses grew moderately aligned with loan portfolio growth, maintaining adequate credit buffers.
Neutral Factors:
- Interest expense on deposits and debt has increased along with asset growth but is within manageable limits.
- The ratio of interest-bearing deposits increased, but net change in deposits fluctuated across quarters showing some depositor variability.
- Investments in trading account securities expanded from $39.4 billion in Q3 2023 to $46.5 billion in Q2 2025, consistent with a larger balance sheet but potential risk exposure.
- Goodwill and intangible assets remained steady, reflecting no significant acquisitions or impairments during the period.
Negative Factors:
- Net change in deposits was negative in recent quarters, including a $1.96 billion decrease in Q2 2025, which may pressure liquidity and funding.
- Net cash from financing activities shows a significant outflow of $3.01 billion in Q2 2025, driven by debt repayments and dividend payments, indicating capital return and deleveraging but tighter resources.
- Loan and lease balances showed slower growth recently; net loans increased from $116 billion in Q3 2022 to $134.9 billion in Q2 2025, but the pace has slowed in the last few quarters.
- Total non-interest expense rose from $1.09 billion in Q1 2023 to $1.20 billion in Q2 2025, which warrants monitoring for efficiency.
- Accumulated other comprehensive income shows a growing negative balance (-$3.27 billion in Q3 2022 to -$2.25 billion in Q2 2025), affecting total equity and possibly indicating unrealized losses on investments or foreign currency adjustments.
In summary, Huntington Bancshares has shown steady growth in core earnings, a solid capital position, and strong operating cash flows. However, recent challenges include fluctuating deposit levels, increased financing cash outflows, and rising expenses, which investors should watch moving forward. Overall, HBAN appears financially sound but faces typical banking sector pressures brought on by economic and funding environment changes.
10/24/25 01:08 AM ETAI Generated. May Contain Errors.