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 steady financial performance over the past four years, with data analyzed through Q2 2025. Here's a summary of key trends observed across its income statements, balance sheets, and cash flow statements:
- Steady Net Income Growth: Q2 2025 net income from continuing operations rose to $542 million, up slightly from $531 million in Q1 2025 and significantly higher than $480 million in Q2 2024, indicating consistent profitability growth.
- Increasing Net Interest Income: Net interest income improved sequentially from $1.426 billion in Q1 2025 to $1.467 billion in Q2 2025, driven by increases in loans and leases interest income, reflecting effective asset yield management.
- Controlled Credit Loss Provision: Provision for credit losses remained relatively stable, with $103 million in Q2 2025, indicating controlled loan risk and stable asset quality.
- Consistent Dividend Policy: Huntington maintained a quarterly common stock dividend of $0.155 per share consistently over the last several quarters, reflecting steady capital return policy.
- Loan Portfolio Growth: Net loans and leases increased from approximately $120.5 billion in Q1 2024 to around $132.6 billion by Q2 2025, showing solid loan growth as a core business driver.
- Asset Base Expansion: Total assets expanded from approximately $189.4 billion in Q1 2024 to $207.7 billion in Q2 2025, partly due to growth in trading account securities and interest-bearing deposits at other banks.
- Deposit Fluctuations: Interest-bearing deposits showed some variability, falling from $135.1 billion in Q1 2025 to $134.7 billion in Q2 2025, while non-interest-bearing deposits remained somewhat stable.
- Increased Long-Term Debt: Long-term debt increased from approximately $14.9 billion in Q1 2024 to $17.5 billion in Q2 2025, possibly reflecting debt refinancing or capital structure adjustments.
- Negative Net Cash Flow from Investing Activities: Q2 2025 saw a significant net cash outflow of ~$2.5 billion in investing activities, mainly due to large purchases of investment securities exceeding sales and maturities.
- Negative Net Cash Flow from Financing Activities: Financing activities in Q2 2025 resulted in outflows of approximately $3.0 billion, driven by repayment of debt ($814 million) and payment of dividends, which may pressure liquidity.
Additional Observations:
- Depreciation and amortization expenses have remained relatively stable, indicating controlled asset management and ongoing investments in premises and equipment.
- Other service charges and non-interest income contributed a healthy amount (~$471 million in Q2 2025), enhancing revenue diversification.
- Salaries and employee benefits expense increased sequentially to $722 million in Q2 2025, a trend to monitor for operating efficiency.
Summary: Huntington Bancshares has shown consistent growth in key areas such as net income, net interest income, and loans over the past several quarters through mid-2025. The bank maintains a steady dividend policy and manages credit provisions prudently. However, significant net outflows in investing and financing cash flows pose liquidity considerations. Overall, Huntington appears financially stable with growth momentum, balanced by some pressures in cash flows and expenses.
08/29/25 09:06 AM ETAI Generated. May Contain Errors.