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 |
|
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
510 |
215 |
383 |
439 |
481 |
498 |
500 |
509 |
602 |
476 |
482 |
| Consolidated Net Income / (Loss) |
|
552 |
248 |
424 |
480 |
522 |
534 |
531 |
542 |
633 |
523 |
527 |
| Net Income / (Loss) Continuing Operations |
|
552 |
248 |
424 |
480 |
522 |
534 |
531 |
542 |
633 |
523 |
527 |
| Total Pre-Tax Income |
|
688 |
247 |
510 |
586 |
638 |
669 |
653 |
638 |
766 |
631 |
641 |
| Total Revenue |
|
1,877 |
1,721 |
1,754 |
1,803 |
1,874 |
1,954 |
1,920 |
1,938 |
2,134 |
2,174 |
2,573 |
| Net Interest Income / (Expense) |
|
1,368 |
1,316 |
1,287 |
1,312 |
1,351 |
1,395 |
1,426 |
1,467 |
1,506 |
1,592 |
1,891 |
| Total Interest Income |
|
2,313 |
2,350 |
2,380 |
2,476 |
2,555 |
2,510 |
2,489 |
2,556 |
2,600 |
2,665 |
3,086 |
| Loans and Leases Interest Income |
|
1,764 |
1,789 |
1,809 |
1,859 |
1,917 |
1,907 |
1,917 |
1,971 |
2,062 |
2,154 |
2,534 |
| Investment Securities Interest Income |
|
387 |
397 |
418 |
442 |
451 |
437 |
429 |
416 |
384 |
349 |
390 |
| Other Interest Income |
|
162 |
164 |
153 |
175 |
187 |
166 |
143 |
169 |
154 |
162 |
162 |
| Total Interest Expense |
|
945 |
1,034 |
1,093 |
1,164 |
1,204 |
1,115 |
1,063 |
1,089 |
1,094 |
1,073 |
1,195 |
| Deposits Interest Expense |
|
713 |
808 |
857 |
907 |
945 |
863 |
810 |
822 |
830 |
820 |
920 |
| Short-Term Borrowings Interest Expense |
|
17 |
28 |
19 |
19 |
14 |
17 |
14 |
13 |
13 |
10 |
16 |
| Long-Term Debt Interest Expense |
|
215 |
198 |
217 |
238 |
245 |
235 |
239 |
254 |
251 |
243 |
259 |
| Total Non-Interest Income |
|
509 |
405 |
467 |
491 |
523 |
559 |
494 |
471 |
628 |
582 |
682 |
| Provision for Credit Losses |
|
99 |
126 |
107 |
100 |
106 |
107 |
115 |
103 |
122 |
123 |
158 |
| Total Non-Interest Expense |
|
1,090 |
1,348 |
1,137 |
1,117 |
1,130 |
1,178 |
1,152 |
1,197 |
1,246 |
1,420 |
1,774 |
| Salaries and Employee Benefits |
|
622 |
645 |
639 |
663 |
684 |
715 |
671 |
722 |
757 |
845 |
992 |
| Net Occupancy & Equipment Expense |
|
239 |
405 |
293 |
278 |
289 |
364 |
302 |
304 |
321 |
345 |
489 |
| Marketing Expense |
|
67 |
-66 |
28 |
27 |
33 |
-49 |
29 |
28 |
34 |
36 |
37 |
| Property & Liability Insurance Claims |
|
27 |
238 |
25 |
26 |
21 |
42 |
37 |
22 |
31 |
-10 |
35 |
| Other Operating Expenses |
|
117 |
109 |
136 |
107 |
88 |
91 |
98 |
108 |
88 |
188 |
177 |
| Depreciation Expense |
|
6.00 |
5.00 |
4.00 |
4.00 |
4.00 |
3.00 |
4.00 |
2.00 |
4.00 |
3.00 |
3.00 |
| Amortization Expense |
|
12 |
12 |
12 |
12 |
11 |
12 |
11 |
11 |
11 |
13 |
41 |
| Income Tax Expense |
|
136 |
-1.00 |
86 |
106 |
116 |
135 |
122 |
96 |
133 |
108 |
114 |
| Preferred Stock Dividends Declared |
|
37 |
28 |
36 |
35 |
36 |
32 |
27 |
27 |
27 |
43 |
41 |
| Net Income / (Loss) Attributable to Noncontrolling Interest |
|
5.00 |
5.00 |
5.00 |
6.00 |
5.00 |
4.00 |
4.00 |
6.00 |
4.00 |
4.00 |
4.00 |
| Basic Earnings per Share |
|
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.35 |
$0.34 |
$0.35 |
$0.41 |
$0.31 |
$0.26 |
| Weighted Average Basic Shares Outstanding |
|
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
1.46B |
1.48B |
1.87B |
| Diluted Earnings per Share |
|
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.33 |
$0.34 |
$0.34 |
$0.41 |
$0.30 |
$0.25 |
| Weighted Average Diluted Shares Outstanding |
|
1.47B |
1.47B |
1.47B |
1.47B |
1.48B |
1.48B |
1.48B |
1.48B |
1.48B |
1.50B |
1.90B |
| Weighted Average Basic & Diluted Shares Outstanding |
|
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
1.46B |
1.46B |
2.03B |
2.03B |
| 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 |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
|
-374 |
538 |
135 |
1,152 |
-1,502 |
5,425 |
-1,073 |
1,182 |
3,425 |
2,718 |
648 |
| Net Cash From Operating Activities |
|
1,033 |
1,215 |
1,954 |
1,726 |
1,574 |
1,323 |
2,062 |
4,027 |
2,657 |
1,836 |
2,482 |
| Net Cash From Continuing Operating Activities |
|
1,033 |
1,215 |
1,958 |
1,726 |
1,574 |
1,323 |
2,062 |
4,027 |
2,657 |
1,836 |
2,482 |
| Net Income / (Loss) Continuing Operations |
|
693 |
712 |
1,186 |
1,393 |
1,411 |
817 |
1,297 |
2,249 |
1,971 |
1,960 |
2,229 |
| Consolidated Net Income / (Loss) |
|
693 |
712 |
1,186 |
1,393 |
1,411 |
817 |
1,297 |
2,249 |
1,971 |
1,960 |
2,229 |
| Provision For Loan Losses |
|
100 |
191 |
201 |
235 |
287 |
1,048 |
25 |
289 |
402 |
420 |
463 |
| Depreciation Expense |
|
341 |
380 |
413 |
493 |
386 |
367 |
391 |
484 |
798 |
622 |
762 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-184 |
135 |
-156 |
-157 |
-487 |
-1,093 |
419 |
-732 |
-666 |
-667 |
-1,022 |
| Changes in Operating Assets and Liabilities, net |
|
83 |
-203 |
314 |
-238 |
-23 |
184 |
-70 |
1,737 |
152 |
-499 |
50 |
| Net Cash From Investing Activities |
|
-4,929 |
-3,445 |
-4,866 |
-3,663 |
-1,877 |
-8,639 |
-3,962 |
-11,609 |
-2,997 |
-12,119 |
-6,347 |
| Net Cash From Continuing Investing Activities |
|
-4,929 |
-3,445 |
-4,866 |
-3,663 |
-1,877 |
-8,639 |
-3,962 |
-11,609 |
-2,997 |
-12,119 |
-6,347 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-93 |
-120 |
-194 |
-110 |
-107 |
-119 |
-247 |
-214 |
-140 |
-143 |
-267 |
| Purchase of Investment Securities |
|
-8,852 |
-15,785 |
-10,870 |
-8,713 |
-10,149 |
-19,522 |
-21,898 |
-22,086 |
-11,030 |
-26,940 |
-19,882 |
| Divestitures |
|
- |
- |
- |
- |
0.00 |
0.00 |
466 |
- |
0.00 |
- |
864 |
| Sale and/or Maturity of Investments |
|
4,006 |
12,460 |
6,198 |
5,058 |
8,927 |
11,002 |
18,988 |
10,757 |
8,190 |
15,438 |
13,270 |
| Other Investing Activities, net |
|
10 |
- |
- |
102 |
- |
0.00 |
-653 |
-66 |
-17 |
-474 |
-332 |
| Net Cash From Financing Activities |
|
3,522 |
2,768 |
3,047 |
3,089 |
-1,199 |
12,741 |
827 |
8,764 |
3,765 |
13,001 |
4,513 |
| Net Cash From Continuing Financing Activities |
|
3,522 |
2,768 |
3,047 |
3,089 |
-1,199 |
12,741 |
827 |
8,764 |
3,765 |
13,001 |
4,513 |
| Net Change in Deposits |
|
-48 |
-292 |
1,433 |
- |
-1,702 |
16,601 |
6,501 |
4,651 |
3,316 |
11,218 |
3,646 |
| Issuance of Debt |
|
3,240 |
2,128 |
3,262 |
2,234 |
2,382 |
-987 |
-470 |
13,165 |
13,670 |
7,661 |
3,285 |
| Issuance of Preferred Equity |
|
0.00 |
585 |
0.00 |
495 |
0.00 |
988 |
486 |
0.00 |
317 |
0.00 |
741 |
| Repayment of Debt |
|
-2,856 |
625 |
-948 |
-5,823 |
-743 |
-3,052 |
-3,404 |
-8,017 |
-12,376 |
-4,366 |
-2,053 |
| Repurchase of Preferred Equity |
|
- |
- |
- |
- |
0.00 |
0.00 |
-700 |
0.00 |
-82 |
-410 |
0.00 |
| Payment of Dividends |
|
-225 |
-299 |
-425 |
-584 |
-671 |
-698 |
-888 |
-1,010 |
-1,034 |
-1,046 |
-1,016 |
| Other Financing Activities, Net |
|
3,663 |
21 |
-15 |
7,706 |
-24 |
-19 |
-48 |
-25 |
-46 |
-56 |
-90 |
| Cash Interest Paid |
|
150 |
241 |
409 |
742 |
989 |
453 |
185 |
627 |
3,359 |
4,547 |
4,267 |
| Cash Income Taxes Paid |
|
154 |
5.00 |
84 |
-52 |
111 |
81 |
269 |
-109 |
90 |
123 |
274 |
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 |
|
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
| Net Change in Cash & Equivalents |
|
356 |
- |
2,051 |
366 |
39 |
262 |
2,463 |
-4,951 |
2,379 |
757 |
5,691 |
| Net Cash From Operating Activities |
|
999 |
- |
482 |
305 |
-438 |
1,484 |
513 |
554 |
487 |
928 |
524 |
| Net Cash From Continuing Operating Activities |
|
999 |
- |
482 |
305 |
-438 |
1,484 |
513 |
554 |
487 |
928 |
524 |
| Net Income / (Loss) Continuing Operations |
|
552 |
- |
424 |
480 |
522 |
534 |
531 |
542 |
633 |
523 |
527 |
| Consolidated Net Income / (Loss) |
|
552 |
- |
424 |
480 |
522 |
534 |
531 |
542 |
633 |
523 |
527 |
| Provision For Loan Losses |
|
99 |
- |
107 |
100 |
106 |
107 |
115 |
103 |
122 |
123 |
158 |
| Depreciation Expense |
|
214 |
- |
190 |
170 |
132 |
130 |
209 |
188 |
175 |
190 |
191 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-299 |
- |
-379 |
-172 |
-44 |
-71 |
52 |
-441 |
-704 |
-432 |
-731 |
| Changes in Operating Assets and Liabilities, net |
|
433 |
- |
140 |
-273 |
-1,154 |
784 |
-394 |
162 |
261 |
524 |
379 |
| Net Cash From Investing Activities |
|
1,444 |
- |
-2,262 |
-2,192 |
-2,881 |
-4,784 |
-2,150 |
-2,495 |
-266 |
-1,436 |
-135 |
| Net Cash From Continuing Investing Activities |
|
1,444 |
- |
-2,262 |
-2,192 |
-2,881 |
-4,784 |
-2,150 |
-2,495 |
-266 |
-1,436 |
-135 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-23 |
- |
-32 |
-42 |
-42 |
-27 |
-54 |
-54 |
-41 |
-118 |
-124 |
| Purchase of Investment Securities |
|
-453 |
- |
-4,750 |
-6,225 |
-7,258 |
-8,976 |
-5,069 |
-5,636 |
-4,192 |
-4,970 |
-10,285 |
| Divestitures |
|
- |
- |
- |
- |
- |
- |
0.00 |
- |
- |
- |
1,680 |
| Sale and/or Maturity of Investments |
|
1,910 |
- |
2,461 |
4,034 |
4,432 |
4,780 |
2,497 |
3,139 |
4,027 |
3,592 |
7,918 |
| Other Investing Activities, net |
|
10 |
- |
59 |
41 |
-13 |
-561 |
476 |
56 |
-60 |
-804 |
676 |
| Net Cash From Financing Activities |
|
-2,087 |
- |
3,831 |
2,253 |
3,358 |
3,562 |
4,100 |
-3,010 |
2,158 |
1,265 |
5,302 |
| Net Cash From Continuing Financing Activities |
|
-2,087 |
- |
3,831 |
2,253 |
3,358 |
3,562 |
4,100 |
-3,010 |
2,158 |
1,265 |
5,302 |
| Net Change in Deposits |
|
839 |
- |
1,995 |
1,142 |
3,984 |
4,097 |
2,889 |
-1,957 |
1,832 |
882 |
3,342 |
| Issuance of Debt |
|
1,303 |
- |
2,786 |
1,821 |
767 |
1,505 |
1,953 |
48 |
461 |
823 |
5,364 |
| Repayment of Debt |
|
-3,955 |
- |
-679 |
-420 |
-1,124 |
-1,358 |
-460 |
-814 |
-611 |
-168 |
-2,905 |
| Repurchase of Common Equity |
|
- |
- |
- |
- |
- |
- |
0.00 |
- |
- |
- |
-150 |
| Payment of Dividends |
|
-265 |
- |
-262 |
-260 |
-262 |
-262 |
-253 |
-254 |
-254 |
-255 |
-291 |
| Other Financing Activities, Net |
|
-9.00 |
- |
-9.00 |
-30 |
-7.00 |
-10 |
-29 |
-33 |
-11 |
-17 |
-58 |
| Cash Interest Paid |
|
909 |
- |
1,070 |
1,139 |
1,245 |
1,093 |
1,092 |
1,030 |
1,138 |
1,007 |
1,226 |
| Cash Income Taxes Paid |
|
-87 |
- |
47 |
45 |
12 |
19 |
34 |
125 |
61 |
54 |
30 |
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 |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
|
71,018 |
99,714 |
104,185 |
108,781 |
109,002 |
123,038 |
174,064 |
182,906 |
189,368 |
204,230 |
225,106 |
| Cash and Due from Banks |
|
847 |
1,385 |
1,212 |
1,108 |
1,045 |
1,319 |
1,811 |
1,796 |
1,558 |
1,685 |
1,783 |
| Interest Bearing Deposits at Other Banks |
|
52 |
58 |
47 |
53 |
102 |
117 |
392 |
5,122 |
8,765 |
11,647 |
12,295 |
| Trading Account Securities |
|
15,447 |
24,016 |
25,048 |
23,819 |
24,636 |
27,101 |
43,277 |
41,877 |
42,421 |
45,171 |
43,862 |
| Loans and Leases, Net of Allowance |
|
49,743 |
66,324 |
69,426 |
74,128 |
74,621 |
79,794 |
109,237 |
117,402 |
119,727 |
127,798 |
147,105 |
| Loans and Leases |
|
50,341 |
66,962 |
70,117 |
74,900 |
75,404 |
81,608 |
111,267 |
119,523 |
121,982 |
130,042 |
149,642 |
| Allowance for Loan and Lease Losses |
|
598 |
638 |
691 |
772 |
783 |
1,814 |
2,030 |
2,121 |
2,255 |
2,244 |
2,537 |
| Accrued Investment Income |
|
- |
- |
- |
- |
- |
- |
1,319 |
1,573 |
1,646 |
2,190 |
2,621 |
| Premises and Equipment, Net |
|
621 |
816 |
864 |
790 |
763 |
757 |
1,164 |
1,156 |
1,109 |
1,066 |
1,321 |
| Goodwill |
|
677 |
1,993 |
1,993 |
1,989 |
1,990 |
1,990 |
5,349 |
5,571 |
5,561 |
5,561 |
5,997 |
| Intangible Assets |
|
55 |
402 |
584 |
535 |
475 |
428 |
611 |
712 |
672 |
677 |
752 |
| Other Assets |
|
3,577 |
4,720 |
4,617 |
4,795 |
5,245 |
6,256 |
7,193 |
7,697 |
7,909 |
8,435 |
9,370 |
| Total Liabilities & Shareholders' Equity |
|
71,018 |
99,714 |
104,185 |
108,781 |
109,002 |
123,038 |
174,064 |
182,906 |
189,368 |
204,230 |
225,106 |
| Total Liabilities |
|
64,424 |
89,406 |
93,371 |
97,679 |
97,207 |
110,045 |
154,746 |
165,137 |
169,970 |
184,448 |
200,727 |
| Non-Interest Bearing Deposits |
|
16,480 |
22,836 |
21,546 |
21,783 |
20,247 |
28,553 |
43,236 |
38,242 |
30,967 |
29,345 |
32,205 |
| Interest Bearing Deposits |
|
38,548 |
52,772 |
55,495 |
62,991 |
62,100 |
70,395 |
100,027 |
109,672 |
120,263 |
133,103 |
144,405 |
| Short-Term Debt |
|
615 |
3,693 |
5,056 |
2,017 |
2,606 |
183 |
334 |
2,027 |
620 |
199 |
1,261 |
| Long-Term Debt |
|
7,041 |
8,309 |
9,206 |
8,625 |
9,849 |
8,352 |
7,108 |
9,686 |
12,394 |
16,374 |
17,221 |
| Other Long-Term Liabilities |
|
1,472 |
1,796 |
2,068 |
2,263 |
2,405 |
2,562 |
4,041 |
5,510 |
5,726 |
5,427 |
5,635 |
| 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 |
|
6,595 |
10,308 |
10,814 |
11,102 |
11,795 |
12,993 |
19,318 |
17,769 |
19,398 |
19,782 |
24,379 |
| Total Preferred & Common Equity |
|
6,595 |
10,308 |
10,814 |
11,102 |
11,795 |
12,993 |
19,297 |
17,731 |
19,353 |
19,740 |
24,342 |
| Preferred Stock |
|
0.00 |
1,071 |
1,071 |
1,203 |
1,203 |
2,191 |
2,167 |
2,167 |
2,394 |
1,989 |
2,731 |
| Total Common Equity |
|
6,595 |
9,237 |
9,743 |
9,899 |
10,592 |
10,802 |
17,130 |
15,564 |
16,959 |
17,751 |
21,611 |
| Common Stock |
|
7,046 |
9,892 |
9,718 |
9,192 |
8,816 |
8,791 |
15,236 |
15,323 |
15,404 |
15,499 |
17,260 |
| Retained Earnings |
|
-594 |
-227 |
588 |
1,361 |
2,088 |
1,878 |
2,202 |
3,419 |
4,322 |
5,204 |
6,351 |
| Treasury Stock |
|
-18 |
-27 |
-35 |
-45 |
-56 |
-59 |
-79 |
-80 |
-91 |
-86 |
-92 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-226 |
-401 |
-528 |
-609 |
-256 |
192 |
-229 |
-3,098 |
-2,676 |
-2,866 |
-1,908 |
| Noncontrolling Interest |
|
- |
- |
- |
- |
- |
0.00 |
21 |
38 |
45 |
42 |
37 |
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 |
|
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q1 2026 |
| Total Assets |
|
188,505 |
186,650 |
189,368 |
193,519 |
196,310 |
200,535 |
204,230 |
209,596 |
207,742 |
210,228 |
285,372 |
| Cash and Due from Banks |
|
1,636 |
1,602 |
1,558 |
1,189 |
1,333 |
1,677 |
1,685 |
1,598 |
1,776 |
1,696 |
2,096 |
| Interest Bearing Deposits at Other Banks |
|
210 |
258 |
8,765 |
11,216 |
11,450 |
11,163 |
11,647 |
14,330 |
9,171 |
11,536 |
17,579 |
| Trading Account Securities |
|
41,459 |
39,453 |
42,421 |
43,601 |
44,156 |
46,115 |
45,171 |
46,091 |
46,530 |
43,456 |
52,878 |
| Loans and Leases, Net of Allowance |
|
119,048 |
118,645 |
119,727 |
120,487 |
122,118 |
124,152 |
127,798 |
130,242 |
132,629 |
135,582 |
185,575 |
| Loans and Leases |
|
121,225 |
120,853 |
121,982 |
122,767 |
124,422 |
126,387 |
130,042 |
132,505 |
134,960 |
137,956 |
188,818 |
| Allowance for Loan and Lease Losses |
|
2,177 |
2,208 |
2,255 |
2,280 |
2,304 |
2,235 |
2,244 |
2,263 |
2,331 |
2,374 |
3,243 |
| Accrued Investment Income |
|
1,471 |
1,496 |
1,646 |
1,616 |
1,591 |
1,633 |
2,190 |
1,716 |
1,675 |
1,819 |
2,197 |
| Premises and Equipment, Net |
|
1,128 |
1,096 |
1,109 |
1,095 |
1,095 |
1,093 |
1,066 |
1,085 |
1,104 |
1,112 |
2,138 |
| Goodwill |
|
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,561 |
5,547 |
9,527 |
| Intangible Assets |
|
690 |
718 |
672 |
677 |
673 |
633 |
677 |
656 |
647 |
644 |
1,727 |
| Other Assets |
|
7,859 |
7,988 |
7,909 |
8,077 |
8,333 |
8,508 |
8,435 |
8,317 |
8,649 |
8,836 |
11,655 |
| Total Liabilities & Shareholders' Equity |
|
188,505 |
186,650 |
189,368 |
193,519 |
196,310 |
200,535 |
204,230 |
209,596 |
207,742 |
210,228 |
285,372 |
| Total Liabilities |
|
169,667 |
168,120 |
169,970 |
174,146 |
176,747 |
179,883 |
184,448 |
189,110 |
186,772 |
187,942 |
252,791 |
| Non-Interest Bearing Deposits |
|
33,340 |
31,666 |
30,967 |
29,739 |
28,636 |
29,047 |
29,345 |
30,217 |
28,656 |
28,596 |
40,839 |
| Interest Bearing Deposits |
|
114,688 |
117,201 |
120,263 |
123,486 |
125,731 |
129,304 |
133,103 |
135,120 |
134,724 |
136,616 |
182,643 |
| Short-Term Debt |
|
1,680 |
681 |
620 |
182 |
187 |
868 |
199 |
664 |
576 |
252 |
1,875 |
| Long-Term Debt |
|
14,711 |
12,822 |
12,394 |
14,894 |
16,461 |
15,656 |
16,374 |
18,096 |
17,467 |
17,315 |
21,594 |
| Other Long-Term Liabilities |
|
5,248 |
5,750 |
5,726 |
5,845 |
5,732 |
5,008 |
5,427 |
5,013 |
5,349 |
5,163 |
5,840 |
| 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 |
|
18,838 |
18,530 |
19,398 |
19,373 |
19,563 |
20,652 |
19,782 |
20,486 |
20,970 |
22,286 |
32,581 |
| Total Preferred & Common Equity |
|
18,788 |
18,483 |
19,353 |
19,322 |
19,515 |
20,606 |
19,740 |
20,434 |
20,928 |
22,248 |
32,535 |
| Preferred Stock |
|
2,484 |
2,484 |
2,394 |
2,394 |
2,394 |
2,394 |
1,989 |
1,989 |
1,989 |
2,731 |
2,881 |
| Total Common Equity |
|
16,304 |
15,999 |
16,959 |
16,928 |
17,121 |
18,212 |
17,751 |
18,445 |
18,939 |
19,517 |
29,654 |
| Common Stock |
|
15,350 |
15,378 |
15,404 |
15,422 |
15,440 |
15,470 |
15,499 |
15,494 |
15,521 |
15,552 |
25,293 |
| Retained Earnings |
|
4,052 |
4,334 |
4,322 |
4,476 |
4,682 |
4,935 |
5,204 |
5,474 |
5,751 |
6,123 |
6,515 |
| Treasury Stock |
|
-92 |
-91 |
-91 |
-91 |
-90 |
-89 |
-86 |
-90 |
-87 |
-87 |
-95 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-3,006 |
-3,622 |
-2,676 |
-2,879 |
-2,911 |
-2,104 |
-2,866 |
-2,433 |
-2,246 |
-2,071 |
-2,059 |
| Noncontrolling Interest |
|
50 |
47 |
45 |
51 |
48 |
46 |
42 |
52 |
42 |
38 |
46 |
Annual Metrics And Ratios for Huntington Bancshares
This table displays calculated financial ratios and metrics derived from Huntington Bancshares' official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.82 |
$0.72 |
$1.02 |
$1.22 |
$1.29 |
$0.71 |
$0.91 |
$1.47 |
$1.26 |
$1.24 |
$1.41 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
803.41M |
904.44M |
1.08B |
1.08B |
1.04B |
1.02B |
1.26B |
1.44B |
1.45B |
1.45B |
1.48B |
| Adjusted Diluted Earnings per Share |
|
$0.81 |
$0.70 |
$1.00 |
$1.20 |
$1.27 |
$0.69 |
$0.90 |
$1.45 |
$1.24 |
$1.22 |
$1.39 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
817.13M |
918.79M |
1.14B |
1.11B |
1.06B |
1.03B |
1.29B |
1.47B |
1.47B |
1.48B |
1.50B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.29 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
795.03M |
1.09B |
1.07B |
1.05B |
1.02B |
1.02B |
1.44B |
1.44B |
1.45B |
1.45B |
2.03B |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Quarterly Metrics And Ratios for Huntington Bancshares
This table displays calculated financial ratios and metrics derived from Huntington Bancshares' official financial filings.
| Metric |
|
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
2,027,130,587.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
2,027,130,587.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.26 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-1.31% |
-12.24% |
-8.69% |
-2.06% |
-0.16% |
13.54% |
9.46% |
7.49% |
13.87% |
- |
34.01% |
| EBITDA Growth |
|
1.23% |
-71.37% |
-21.52% |
-16.09% |
-14.63% |
202.65% |
23.14% |
9.26% |
22.21% |
- |
-3.48% |
| EBIT Growth |
|
-7.40% |
-68.85% |
-32.00% |
-16.17% |
-7.27% |
170.85% |
28.04% |
8.87% |
20.06% |
- |
-1.84% |
| NOPAT Growth |
|
-7.54% |
-61.79% |
-30.03% |
-15.04% |
-5.43% |
115.32% |
25.24% |
12.92% |
21.26% |
- |
-0.75% |
| Net Income Growth |
|
-7.54% |
-61.79% |
-30.03% |
-15.04% |
-5.43% |
115.32% |
25.24% |
12.92% |
21.26% |
- |
-0.75% |
| EPS Growth |
|
-10.26% |
-64.29% |
-33.33% |
-14.29% |
-5.71% |
120.00% |
30.77% |
13.33% |
24.24% |
- |
-26.47% |
| Operating Cash Flow Growth |
|
18.09% |
0.00% |
256.92% |
-51.59% |
-143.84% |
0.00% |
6.43% |
86.53% |
939.66% |
- |
2.14% |
| Free Cash Flow Firm Growth |
|
-781.83% |
-29.38% |
137.94% |
91.30% |
-24.35% |
-27.11% |
-189.70% |
-350.20% |
55.77% |
- |
-281.55% |
| Invested Capital Growth |
|
15.37% |
9.94% |
-11.17% |
2.79% |
16.06% |
12.17% |
13.92% |
7.74% |
7.20% |
- |
42.82% |
| Revenue Q/Q Growth |
|
1.96% |
-8.31% |
-35.49% |
2.79% |
3.94% |
4.27% |
-1.74% |
0.94% |
10.11% |
- |
18.35% |
| EBITDA Q/Q Growth |
|
0.11% |
-70.73% |
-52.86% |
8.00% |
1.85% |
3.77% |
7.88% |
-4.18% |
13.92% |
- |
1.34% |
| EBIT Q/Q Growth |
|
-1.57% |
-64.10% |
-59.04% |
14.90% |
8.87% |
4.86% |
-2.39% |
-2.30% |
20.06% |
- |
1.58% |
| NOPAT Q/Q Growth |
|
-2.30% |
-55.07% |
70.97% |
13.21% |
8.75% |
2.30% |
-0.56% |
2.07% |
16.79% |
- |
0.76% |
| Net Income Q/Q Growth |
|
-2.30% |
-55.07% |
-80.72% |
13.21% |
8.75% |
2.30% |
-0.56% |
2.07% |
16.79% |
- |
0.76% |
| EPS Q/Q Growth |
|
0.00% |
-57.14% |
73.33% |
15.38% |
10.00% |
0.00% |
3.03% |
0.00% |
20.59% |
- |
-16.67% |
| Operating Cash Flow Q/Q Growth |
|
58.57% |
0.00% |
-48.33% |
-34.27% |
-243.61% |
438.81% |
-65.43% |
7.99% |
-12.09% |
- |
-43.53% |
| Free Cash Flow Firm Q/Q Growth |
|
35.61% |
27.83% |
277.33% |
-110.56% |
-820.52% |
26.23% |
-25.14% |
47.02% |
9.56% |
- |
-172.05% |
| Invested Capital Q/Q Growth |
|
-9.07% |
1.18% |
6.28% |
5.11% |
2.66% |
-2.21% |
7.95% |
-0.59% |
2.15% |
- |
30.77% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
48.06% |
15.34% |
39.91% |
41.93% |
41.09% |
40.89% |
44.90% |
42.62% |
44.10% |
- |
32.34% |
| EBIT Margin |
|
36.65% |
14.35% |
29.08% |
32.50% |
34.04% |
34.24% |
34.01% |
32.92% |
35.90% |
- |
24.91% |
| Profit (Net Income) Margin |
|
29.41% |
14.41% |
24.17% |
26.62% |
27.85% |
27.33% |
27.66% |
27.97% |
29.66% |
- |
20.48% |
| Tax Burden Percent |
|
80.23% |
100.40% |
83.14% |
81.91% |
81.82% |
79.82% |
81.32% |
84.95% |
82.64% |
- |
82.22% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
- |
100.00% |
| Effective Tax Rate |
|
19.77% |
-0.40% |
16.86% |
18.09% |
18.18% |
20.18% |
18.68% |
15.05% |
17.36% |
- |
17.78% |
| Return on Invested Capital (ROIC) |
|
7.48% |
3.43% |
5.41% |
6.08% |
5.76% |
5.87% |
5.67% |
5.72% |
6.12% |
- |
3.79% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.48% |
3.43% |
5.41% |
6.08% |
5.76% |
5.87% |
5.67% |
5.72% |
6.12% |
- |
3.79% |
| Return on Net Nonoperating Assets (RNNOA) |
|
5.05% |
2.28% |
4.96% |
5.23% |
4.41% |
4.43% |
4.81% |
4.89% |
4.86% |
- |
3.02% |
| Return on Equity (ROE) |
|
12.52% |
5.71% |
10.37% |
11.30% |
10.17% |
10.30% |
10.48% |
10.61% |
10.98% |
- |
6.81% |
| Cash Return on Invested Capital (CROIC) |
|
-6.34% |
-3.10% |
16.72% |
2.02% |
-10.02% |
-5.77% |
-7.41% |
-1.79% |
-1.13% |
- |
-30.60% |
| Operating Return on Assets (OROA) |
|
1.52% |
0.57% |
1.25% |
1.38% |
1.26% |
1.28% |
1.27% |
1.25% |
1.39% |
- |
0.89% |
| Return on Assets (ROA) |
|
1.22% |
0.57% |
1.04% |
1.13% |
1.03% |
1.03% |
1.04% |
1.06% |
1.15% |
- |
0.73% |
| Return on Common Equity (ROCE) |
|
10.86% |
4.99% |
9.02% |
9.84% |
8.88% |
9.13% |
9.30% |
9.44% |
9.65% |
- |
6.17% |
| Return on Equity Simple (ROE_SIMPLE) |
|
12.83% |
0.00% |
19.36% |
18.73% |
8.12% |
0.00% |
10.12% |
10.17% |
10.07% |
- |
6.84% |
| Net Operating Profit after Tax (NOPAT) |
|
552 |
248 |
424 |
480 |
522 |
534 |
531 |
542 |
633 |
- |
527 |
| NOPAT Margin |
|
29.41% |
14.41% |
24.17% |
26.62% |
27.85% |
27.33% |
27.66% |
27.97% |
29.66% |
- |
20.48% |
| 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% |
| SG&A Expenses to Revenue |
|
49.44% |
57.18% |
56.21% |
53.58% |
52.72% |
52.71% |
52.19% |
54.39% |
52.11% |
- |
59.00% |
| Operating Expenses to Revenue |
|
58.07% |
78.33% |
64.82% |
61.95% |
60.30% |
60.29% |
60.00% |
61.76% |
58.39% |
- |
68.95% |
| Earnings before Interest and Taxes (EBIT) |
|
688 |
247 |
510 |
586 |
638 |
669 |
653 |
638 |
766 |
- |
641 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
902 |
264 |
700 |
756 |
770 |
799 |
862 |
826 |
941 |
- |
832 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.89 |
1.04 |
1.18 |
1.12 |
1.16 |
1.33 |
1.18 |
1.29 |
1.29 |
- |
1.07 |
| Price to Tangible Book Value (P/TBV) |
|
1.46 |
1.64 |
1.87 |
1.75 |
1.76 |
2.05 |
1.78 |
1.92 |
1.89 |
- |
1.73 |
| Price to Revenue (P/Rev) |
|
1.87 |
2.39 |
2.44 |
2.34 |
2.96 |
3.20 |
2.89 |
3.18 |
3.17 |
- |
3.60 |
| Price to Earnings (P/E) |
|
6.42 |
9.70 |
12.26 |
12.35 |
13.94 |
13.12 |
11.38 |
12.28 |
11.95 |
- |
15.35 |
| Dividend Yield |
|
6.31% |
5.10% |
4.50% |
4.70% |
4.26% |
3.81% |
4.13% |
3.70% |
3.59% |
- |
3.96% |
| Earnings Yield |
|
15.59% |
10.31% |
8.16% |
8.10% |
7.18% |
7.62% |
8.79% |
8.14% |
8.37% |
- |
6.51% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.58 |
0.70 |
0.73 |
0.70 |
0.73 |
0.80 |
0.68 |
0.86 |
0.81 |
- |
0.69 |
| Enterprise Value to Revenue (EV/Rev) |
|
2.44 |
3.09 |
3.06 |
3.12 |
3.81 |
3.91 |
3.54 |
4.36 |
4.06 |
- |
4.36 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
5.14 |
7.15 |
6.28 |
6.61 |
13.34 |
9.55 |
8.38 |
10.30 |
9.42 |
- |
11.25 |
| Enterprise Value to EBIT (EV/EBIT) |
|
6.34 |
9.54 |
7.98 |
8.39 |
13.77 |
12.03 |
10.48 |
12.91 |
11.85 |
- |
14.38 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
7.83 |
11.54 |
14.01 |
14.91 |
16.30 |
14.75 |
12.91 |
15.76 |
14.42 |
- |
17.30 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
5.96 |
8.56 |
8.38 |
9.53 |
0.00 |
15.92 |
14.46 |
15.95 |
12.20 |
- |
15.44 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
4.09 |
35.19 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
- |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.73 |
0.67 |
0.78 |
0.85 |
0.80 |
0.84 |
0.92 |
0.86 |
0.79 |
- |
0.72 |
| Long-Term Debt to Equity |
|
0.69 |
0.64 |
0.77 |
0.84 |
0.76 |
0.83 |
0.88 |
0.83 |
0.78 |
- |
0.66 |
| Financial Leverage |
|
0.68 |
0.67 |
0.92 |
0.86 |
0.77 |
0.76 |
0.85 |
0.86 |
0.79 |
- |
0.80 |
| Leverage Ratio |
|
10.25 |
10.02 |
10.02 |
10.02 |
9.88 |
10.05 |
10.11 |
9.97 |
9.57 |
- |
9.33 |
| Compound Leverage Factor |
|
10.25 |
10.02 |
10.02 |
10.02 |
9.88 |
10.05 |
10.11 |
9.97 |
9.57 |
- |
9.33 |
| Debt to Total Capital |
|
42.15% |
40.15% |
43.76% |
45.98% |
44.45% |
45.59% |
47.80% |
46.25% |
44.08% |
- |
41.87% |
| Short-Term Debt to Total Capital |
|
2.13% |
1.91% |
0.53% |
0.52% |
2.33% |
0.55% |
1.69% |
1.48% |
0.63% |
- |
3.35% |
| Long-Term Debt to Total Capital |
|
40.03% |
38.24% |
43.23% |
45.46% |
42.11% |
45.04% |
46.11% |
44.77% |
43.45% |
- |
38.53% |
| Preferred Equity to Total Capital |
|
7.75% |
7.39% |
6.95% |
6.61% |
6.44% |
5.47% |
5.07% |
5.10% |
6.85% |
- |
5.14% |
| Noncontrolling Interests to Total Capital |
|
0.15% |
0.14% |
0.15% |
0.13% |
0.12% |
0.12% |
0.13% |
0.11% |
0.10% |
- |
0.08% |
| Common Equity to Total Capital |
|
49.95% |
52.32% |
49.14% |
47.28% |
48.99% |
48.83% |
47.00% |
48.55% |
48.97% |
- |
52.91% |
| Debt to EBITDA |
|
3.73 |
4.09 |
3.78 |
4.33 |
8.08 |
5.48 |
5.89 |
5.54 |
5.12 |
- |
6.86 |
| Net Debt to EBITDA |
|
0.50 |
0.85 |
0.67 |
1.01 |
1.80 |
1.07 |
0.89 |
2.18 |
1.26 |
- |
1.11 |
| Long-Term Debt to EBITDA |
|
3.54 |
3.90 |
3.73 |
4.28 |
7.66 |
5.41 |
5.68 |
5.36 |
5.05 |
- |
6.31 |
| Debt to NOPAT |
|
5.69 |
6.60 |
8.43 |
9.77 |
9.87 |
8.46 |
9.08 |
8.47 |
7.84 |
- |
10.55 |
| Net Debt to NOPAT |
|
0.76 |
1.37 |
1.49 |
2.27 |
2.20 |
1.65 |
1.37 |
3.33 |
1.94 |
- |
1.71 |
| Long-Term Debt to NOPAT |
|
5.41 |
6.29 |
8.33 |
9.66 |
9.35 |
8.35 |
8.75 |
8.20 |
7.73 |
- |
9.71 |
| Noncontrolling Interest Sharing Ratio |
|
13.26% |
12.50% |
13.05% |
12.96% |
12.69% |
11.41% |
11.25% |
11.04% |
12.13% |
- |
9.36% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-3,716 |
-2,682 |
4,756 |
-502 |
-4,621 |
-3,409 |
-4,266 |
-2,260 |
-2,044 |
- |
-16,277 |
| Operating Cash Flow to CapEx |
|
4,343.48% |
0.00% |
1,450.00% |
726.19% |
-1,042.86% |
5,496.30% |
950.00% |
1,025.93% |
1,187.80% |
- |
422.58% |
| Free Cash Flow to Firm to Interest Expense |
|
-3.93 |
-2.59 |
4.35 |
-0.43 |
-3.84 |
-3.06 |
-4.01 |
-2.08 |
-1.87 |
- |
-13.62 |
| Operating Cash Flow to Interest Expense |
|
1.06 |
0.00 |
0.42 |
0.26 |
-0.36 |
1.33 |
0.48 |
0.51 |
0.45 |
- |
0.44 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
1.03 |
0.00 |
0.40 |
0.23 |
-0.40 |
1.31 |
0.43 |
0.46 |
0.41 |
- |
0.33 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
- |
0.04 |
| Fixed Asset Turnover |
|
6.70 |
6.50 |
7.34 |
7.34 |
6.53 |
6.79 |
6.93 |
6.99 |
7.21 |
- |
5.47 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
32,033 |
32,412 |
34,449 |
36,211 |
37,176 |
36,355 |
39,246 |
39,013 |
39,853 |
- |
56,050 |
| Invested Capital Turnover |
|
0.25 |
0.24 |
0.22 |
0.23 |
0.21 |
0.21 |
0.20 |
0.20 |
0.21 |
- |
0.19 |
| Increase / (Decrease) in Invested Capital |
|
4,268 |
2,930 |
-4,332 |
982 |
5,143 |
3,943 |
4,797 |
2,802 |
2,677 |
- |
16,804 |
| Enterprise Value (EV) |
|
18,576 |
22,750 |
25,064 |
25,408 |
27,279 |
28,903 |
26,694 |
33,543 |
32,297 |
- |
38,487 |
| Market Capitalization |
|
14,235 |
17,620 |
19,948 |
19,101 |
21,155 |
23,631 |
21,821 |
24,416 |
25,193 |
- |
31,766 |
| Book Value per Share |
|
$11.05 |
$11.71 |
$11.69 |
$11.81 |
$12.54 |
$12.23 |
$12.69 |
$13.00 |
$13.38 |
- |
$14.61 |
| Tangible Book Value per Share |
|
$6.71 |
$7.41 |
$7.38 |
$7.51 |
$8.27 |
$7.93 |
$8.41 |
$8.74 |
$9.13 |
- |
$9.07 |
| Total Capital |
|
32,033 |
32,412 |
34,449 |
36,211 |
37,176 |
36,355 |
39,246 |
39,013 |
39,853 |
- |
56,050 |
| Total Debt |
|
13,503 |
13,014 |
15,076 |
16,648 |
16,524 |
16,573 |
18,760 |
18,043 |
17,567 |
- |
23,469 |
| Total Long-Term Debt |
|
12,822 |
12,394 |
14,894 |
16,461 |
15,656 |
16,374 |
18,096 |
17,467 |
17,315 |
- |
21,594 |
| Net Debt |
|
1,810 |
2,691 |
2,671 |
3,865 |
3,684 |
3,241 |
2,832 |
7,096 |
4,335 |
- |
3,794 |
| Capital Expenditures (CapEx) |
|
23 |
0.00 |
32 |
42 |
42 |
27 |
54 |
54 |
41 |
- |
124 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
- |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
13,503 |
13,014 |
15,076 |
16,648 |
16,524 |
16,573 |
18,760 |
18,043 |
17,567 |
- |
23,469 |
| Total Depreciation and Amortization (D&A) |
|
214 |
17 |
190 |
170 |
132 |
130 |
209 |
188 |
175 |
- |
191 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.35 |
$0.34 |
$0.35 |
$0.41 |
$0.31 |
$0.26 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
1.46B |
1.48B |
1.87B |
| Adjusted Diluted Earnings per Share |
|
$0.35 |
$0.15 |
$0.26 |
$0.30 |
$0.33 |
$0.33 |
$0.34 |
$0.34 |
$0.41 |
$0.30 |
$0.25 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
1.47B |
1.47B |
1.47B |
1.47B |
1.48B |
1.48B |
1.48B |
1.48B |
1.48B |
1.50B |
1.90B |
| 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 |
|
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.45B |
1.46B |
1.46B |
1.46B |
2.03B |
2.03B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
552 |
173 |
424 |
480 |
522 |
534 |
531 |
542 |
633 |
- |
527 |
| Normalized NOPAT Margin |
|
29.41% |
10.05% |
24.17% |
26.62% |
27.85% |
27.33% |
27.66% |
27.97% |
29.66% |
- |
20.48% |
| Pre Tax Income Margin |
|
36.65% |
14.35% |
29.08% |
32.50% |
34.04% |
34.24% |
34.01% |
32.92% |
35.90% |
- |
24.91% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.73 |
0.24 |
0.47 |
0.50 |
0.53 |
0.60 |
0.61 |
0.59 |
0.70 |
- |
0.54 |
| NOPAT to Interest Expense |
|
0.58 |
0.24 |
0.39 |
0.41 |
0.43 |
0.48 |
0.50 |
0.50 |
0.58 |
- |
0.44 |
| EBIT Less CapEx to Interest Expense |
|
0.70 |
0.24 |
0.44 |
0.47 |
0.50 |
0.58 |
0.56 |
0.54 |
0.66 |
- |
0.43 |
| NOPAT Less CapEx to Interest Expense |
|
0.56 |
0.24 |
0.36 |
0.38 |
0.40 |
0.45 |
0.45 |
0.45 |
0.54 |
- |
0.34 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
43.17% |
52.46% |
27.86% |
28.73% |
0.00% |
53.37% |
50.17% |
48.43% |
45.67% |
- |
47.37% |
| Augmented Payout Ratio |
|
43.17% |
52.46% |
27.86% |
28.73% |
0.00% |
53.37% |
50.17% |
48.43% |
45.67% |
- |
47.37% |
Key Financial Trends
Huntington Bancshares (NASDAQ: HBAN) has shown steady earnings power over the last four years, but the story in the latest quarter is mixed. Revenue and net income improved year over year, loans continued to grow, and the balance sheet expanded meaningfully. At the same time, expenses remained elevated, deposit costs are still high, and the bank is carrying a much larger balance sheet than it did two years ago, which adds both opportunity and risk.
What stands out most:
- Quarterly earnings remain solid, with Q1 2026 net income of $527 million and diluted EPS of $0.25, modestly above Q1 2025.
- Revenue improved year over year in Q1 2026 to $2.573 billion from $2.173 billion in Q1 2025, helped by stronger net interest income and non-interest income.
- Loan growth remains a clear strength: loans and leases rose to $188.8 billion in Q1 2026 from $132.5 billion in Q1 2025.
- Total assets also expanded sharply to $285.4 billion from $209.6 billion a year earlier, showing significant balance-sheet growth.
- Operating cash flow improved in Q1 2026 to $524 million, up from $513 million in Q1 2025, suggesting the core business is still generating cash.
- Net income attributable to common shareholders increased to $482 million in Q1 2026 from $476 million in Q1 2025.
- Net interest income rose to $1.891 billion in Q1 2026, compared with $1.593 billion in Q4 2025 and $1.426 billion in Q1 2025, indicating a healthier spread environment than late 2025.
- The allowance for loan and lease losses increased to $3.243 billion, but that is broadly in line with the much larger loan book.
- Depreciation and amortization are not major earnings drags for a bank, but non-interest expense remained high at $1.774 billion in Q1 2026.
- Deposits interest expense remains elevated at $920 million in Q1 2026, which keeps pressure on margin improvement.
Longer-term trend: HBAN has grown meaningfully since 2023. Total assets increased from about $189.1 billion in Q1 2023 to $285.4 billion in Q1 2026, while loans and leases rose from about $119.0 billion to $188.8 billion. That growth supports the business, but it also means the bank is more exposed to credit quality, funding costs, and interest-rate sensitivity than it was a few years ago.
Cash flow and capital trends: Quarterly operating cash flow has generally been positive over the period, though it has been volatile. Q1 2026 operating cash flow of $524 million compares favorably with several past quarters, but financing activity has often been needed to support balance-sheet growth. Dividends remain consistent at $0.155 per share each quarter, while share count has generally trended higher over the past year, which can limit per-share growth.
Bottom line: Huntington Bancshares appears to be a growing, profitable regional bank with decent earnings momentum and a stronger balance sheet than in prior years. The main watch items for investors are whether deposit costs keep easing, whether expense growth stays under control, and whether credit losses remain manageable as the loan book continues to expand.
06/03/26 10:32 AM ETAI Generated. May Contain Errors.