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Huntington Bancshares (HBAN) Financials

Huntington Bancshares logo
$17.21 +0.17 (+1.00%)
Closing price 04:00 PM Eastern
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$17.20 -0.01 (-0.06%)
As of 07:19 PM Eastern
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Annual Income Statements for Huntington Bancshares

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.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 601 661 647 1,110 1,323 1,337 717 1,153 2,125 1,817 1,801
Consolidated Net Income / (Loss)		 632 693 712 1,186 1,393 1,411 817 2,592 2,249 1,971 1,960
Net Income / (Loss) Continuing Operations		 632 693 712 1,186 1,393 1,411 817 2,059 2,249 1,971 1,960
Total Pre-Tax Income 		853 914 920 1,394 1,628 1,659 972 1,591 2,764 2,384 2,403
Total Revenue		 2,816 2,990 3,519 4,309 4,510 4,667 4,815 6,753 7,254 7,360 7,385
Net Interest Income / (Expense)		 1,837 1,951 2,369 3,002 3,189 3,213 3,224 4,102 5,273 5,439 5,345
Total Interest Income		 1,976 2,115 2,632 3,433 3,949 4,201 3,647 4,191 5,969 8,916 9,921
Loans and Leases Interest Income		 1,675 1,760 2,178 2,838 3,330 3,541 3,085 3,636 4,816 6,811 7,481
Investment Securities Interest Income		 289 331 420 553 587 596 519 491 1,001 1,521 1,748
Other Interest Income		 13 24 34 42 32 64 43 64 152 584 692
Total Interest Expense		 139 164 263 431 760 988 423 89 696 3,477 4,576
Deposits Interest Expense		 86 82 102 180 391 585 197 45 363 2,497 3,572
Short-Term Borrowings Interest Expense		 2.94 2.00 5.00 25 48 54 13 1.00 46 179 69
Long-Term Debt Interest Expense		 50 80 156 226 321 349 213 43 287 801 935
Total Non-Interest Income		 979 1,039 1,150 1,307 1,321 1,454 1,591 1,889 1,981 1,921 2,040
Other Service Charges		 594 694 429 826 685 914 727 1,352 1,855 1,816 1,982
Net Realized & Unrealized Capital Gains on Investments		 39 34 47 52 34 31 41 18 0.00 -7.00 -21
Other Non-Interest Income		 162 195 227 273 67 85 333 1,281 126 112 79
Provision for Credit Losses		 81 100 191 201 235 287 1,048 25 289 402 420
Total Non-Interest Expense		 1,882 1,976 2,408 2,714 2,647 2,721 2,795 4,375 4,201 4,574 4,562
Salaries and Employee Benefits		 1,049 1,122 1,349 1,524 1,559 1,654 1,692 2,335 2,401 2,529 2,701
Net Occupancy & Equipment Expense		 460 478 623 696 642 668 722 1,375 1,125 1,114 1,153
Marketing Expense		 51 52 63 60 53 37 38 89 91 115 116
Property & Liability Insurance Claims		 49 45 54 78 63 49 32 51 67 302 114
Other Operating Expenses		 234 251 289 300 277 275 269 436 419 437 416
Depreciation Expense		 - - - - - 4.00 1.00 41 45 27 15
Amortization Expense		 39 28 30 56 53 34 41 48 53 50 47
Income Tax Expense		 221 221 208 208 235 248 155 294 515 413 443
Preferred Stock Dividends Declared		 32 32 65 76 70 74 100 142 113 134 139
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - 0.00 0.00 2.00 11 20 20
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
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
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
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
Weighted Average Basic & Diluted Shares Outstanding		 822.70M 806.20M 898.60M 1.09B 1.08B 1.02B 1.02B 1.44B 1.44B 1.45B 1.45B
Cash Dividends to Common per Share		 $0.21 $0.25 $0.29 $0.35 $0.50 $0.58 $0.60 $0.61 $0.62 $0.62 $0.62

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
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
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
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
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
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
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
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
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%

Financials Breakdown Chart

Key Financial Trends

Huntington Bancshares (NASDAQ: HBAN) has shown consistent growth and solid financial performance over the last four years, with key financial metrics reflecting steady operational strength and a cautious approach to risk management.

Income and Profitability Trends:

  • Net interest income has grown from approximately $1.46 billion in Q4 2022 to $1.47 billion in Q2 2025, demonstrating stable core earnings from loan and investment activities.
  • Consolidated net income has increased from $249 million in Q1 2023 to $542 million in Q2 2025, reflecting improved profitability and effective expense management.
  • EPS (diluted) has risen from $0.15 in Q4 2022 to $0.34 in Q2 2025, showing enhanced value per share for common shareholders over time.
  • Provision for loan losses and credit losses shows variability but generally remains elevated (around $90 million to $115 million per quarter), indicating cautious credit risk acknowledgement.
  • Non-interest income fluctuates, often reflecting volatility in service charges and capital gains/losses, which affects total revenue predictability.

Balance Sheet and Capital Structure:

  • Total assets have grown from $182.9 billion at the end of 2022 to $207.7 billion as of Q2 2025, indicating expansion in banking operations and asset base.
  • Loans and leases net of allowance increased from about $117.4 billion at FY 2022 to nearly $133 billion in Q2 2025, supporting the income growth from lending.
  • Allowance for loan and lease losses rose moderately but remains in proportion to loan growth suggesting sound risk provisioning.
  • Long-term debt increased from $9.7 billion at FY 2022 to over $17.5 billion in Q2 2025, which may imply higher leverage and interest expense risk.
  • Equity levels have increased from approximately $17.7 billion in 2022 to about $20.9 billion in Q2 2025, maintaining a stable capital foundation.

Cash Flow and Liquidity:

  • Net cash from operating activities is positive and growing, reaching $554 million in Q2 2025, which is a good indicator of operational cash generation.
  • Significant cash outflows continue in investing activities, driven by large purchases of investment securities (over $5.6 billion in Q2 2025), which reduces liquidity but may reflect investment strategy.
  • Financing activities show net cash outflows (negative $3.01 billion in Q2 2025), mainly from deposit outflows and debt repayments, indicating possible tightening of external sources or capital returns.
  • Despite cash outflows, Huntington maintains a liquid position with cash and due from banks increasing modestly to $1.77 billion at Q2 2025.

Summary:

Huntington Bancshares has steadily improved income and earnings per share over recent years, supported by loan growth and stable net interest income. Its balance sheet strength reflects asset growth and a solid equity base, although increased long-term debt levels warrant monitoring. The bank maintains good operational cash generation but has significant cash outflows related to securities purchases and financing activities, which could affect liquidity if trends continue. Overall, Huntington appears financially sound with cautious credit provisioning, though investors should watch debt and deposit trends closely.

10/03/25 07:33 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Huntington Bancshares' Financials

When does Huntington Bancshares' fiscal year end?

According to the most recent income statement we have on file, Huntington Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Huntington Bancshares' net income changed over the last 10 years?

Huntington Bancshares' net income appears to be on an upward trend, with a most recent value of $1.96 billion in 2024, rising from $632.39 million in 2014. The previous period was $1.97 billion in 2023. View Huntington Bancshares' forecast to see where analysts expect Huntington Bancshares to go next.

How has Huntington Bancshares' revenue changed over the last 10 years?

Over the last 10 years, Huntington Bancshares' total revenue changed from $2.82 billion in 2014 to $7.39 billion in 2024, a change of 162.2%.

How much debt does Huntington Bancshares have?

Huntington Bancshares' total liabilities were at $184.45 billion at the end of 2024, a 8.5% increase from 2023, and a 207.6% increase since 2014.

How much cash does Huntington Bancshares have?

In the past 10 years, Huntington Bancshares' cash and equivalents has ranged from $847.16 million in 2015 to $1.81 billion in 2021, and is currently $1.69 billion as of their latest financial filing in 2024.

How has Huntington Bancshares' book value per share changed over the last 10 years?

Over the last 10 years, Huntington Bancshares' book value per share changed from 7.30 in 2014 to 12.23 in 2024, a change of 67.6%.


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This page (NASDAQ:HBAN) was last updated on 10/3/2025 by MarketBeat.com Staff
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