Huntington Bancshares (HBANL) Financials

$25.95 -0.04 (-0.16%)

As of 04:00 PM Eastern

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

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

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

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

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

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

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%

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: HBANP) - Financial Performance Review (Q2 2022 to Q2 2025)

Over the last four years, Huntington Bancshares has demonstrated steady financial performance with key trends emerging from its income statements, balance sheets, and cash flow statements.

Increasing Net Income: The company’s consolidated net income grew from $606 million in Q1 2023 to $542 million in Q2 2025, with consistent profitability across quarters. Net income growth indicates operational efficiency and profitability.
Rising Net Interest Income: Net interest income increased from $1.287 billion in Q1 2023 to $1.467 billion in Q2 2025, reflecting effective interest margin management amid rising interest rates.
Stable Loan Growth: Gross loans and leases grew steadily to $134.96 billion by Q2 2025 from approximately $121 billion in early 2023, showing healthy organic growth in lending activities.
Strong Deposit Base: Total deposits, including interest and non-interest bearing, remained substantial, with interest-bearing deposits reaching $134.7 billion in Q2 2025, supporting liquidity and lending capability.
Consistent Dividend Payments: Cash dividends to common shareholders have been steady at $0.155 per share each quarter, indicating confident capital return policies to shareholders.
Moderate Increase in Provision for Credit Losses: Provisions for loan losses fluctuated but remained near $100–115 million quarterly, signaling management's cautious approach to credit risk.
Elevated Interest Expense on Debt: Interest expenses on long-term and short-term borrowings are significant, totaling close to $1 billion quarterly, reflecting the bank’s leverage and cost of capital environment.
Controlled Non-Interest Expenses: Non-interest expenses have marginally increased but remain manageable relative to revenue, supporting operating leverage.
Negative Cash Flow from Investing Activities: The company consistently showed substantial outflows for purchases of investment securities (~$5-$9 billion quarterly), exceeding sales, which may pressure cash balances.
Significant Repayment of Debt: Debt repayments exceeded new issuances in recent quarters, exemplified by a net cash outflow from financing activities of approximately $3 billion in Q2 2025, suggesting focus on deleveraging but potentially limiting financial flexibility.

Summary: Huntington Bancshares has shown consistent earnings growth, healthy interest income expansion, and stable loan and deposit growth over the trailing four years. The bank maintains disciplined expense control and returns capital to shareholders steadily. However, the firm faces pressure from sizable investment securities purchases and high financing repayments, which reduces free cash flow. Investors should watch for continued management of credit provisions and balance sheet optimization as interest rates and economic conditions evolve.

09/19/25 06:06 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Huntington Bancshares' Financials

When does Huntington Bancshares' financial year end?

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

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:HBANL) was last updated on 9/19/2025 by MarketBeat.com Staff

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Huntington Bancshares (HBANL) Financials

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Huntington Bancshares' Financials

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Huntington Bancshares (HBANL) Financials

Annual Income Statements for Huntington Bancshares

Quarterly Income Statements for Huntington Bancshares

Annual Cash Flow Statements for Huntington Bancshares

Quarterly Cash Flow Statements for Huntington Bancshares

Annual Balance Sheets for Huntington Bancshares

Quarterly Balance Sheets for Huntington Bancshares

Annual Metrics And Ratios for Huntington Bancshares

Quarterly Metrics And Ratios for Huntington Bancshares

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Huntington Bancshares' Financials

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