Huntington Bancshares (HBANP) Financials

$18.06 +0.14 (+0.78%)

Closing price 08/8/2025 04:00 PM Eastern

Extended Trading

$17.99 -0.07 (-0.39%)

As of 08/8/2025 04:04 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	661	647	1,110	1,323	1,337	717	1,153	2,125	1,817	1,801
Consolidated Net Income / (Loss)	693	712	1,186	1,393	1,411	817	2,592	2,249	1,971	1,960
Net Income / (Loss) Continuing Operations	693	712	1,186	1,393	1,411	817	2,059	2,249	1,971	1,960
Total Pre-Tax Income	914	920	1,394	1,628	1,659	972	1,591	2,764	2,384	2,403
Total Revenue	2,990	3,519	4,309	4,510	4,667	4,815	6,753	7,254	7,360	7,385
Net Interest Income / (Expense)	1,951	2,369	3,002	3,189	3,213	3,224	4,102	5,273	5,439	5,345
Total Interest Income	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	1,760	2,178	2,838	3,330	3,541	3,085	3,636	4,816	6,811	7,481
Investment Securities Interest Income	331	420	553	587	596	519	491	1,001	1,521	1,748
Other Interest Income	24	34	42	32	64	43	64	152	584	692
Total Interest Expense	164	263	431	760	988	423	89	696	3,477	4,576
Deposits Interest Expense	82	102	180	391	585	197	45	363	2,497	3,572
Short-Term Borrowings Interest Expense	2.00	5.00	25	48	54	13	1.00	46	179	69
Long-Term Debt Interest Expense	80	156	226	321	349	213	43	287	801	935
Total Non-Interest Income	1,039	1,150	1,307	1,321	1,454	1,591	1,889	1,981	1,921	2,040
Other Service Charges	694	429	826	685	914	727	1,352	1,855	1,816	1,982
Net Realized & Unrealized Capital Gains on Investments	34	47	52	34	31	41	18	0.00	-7.00	-21
Other Non-Interest Income	195	227	273	67	85	333	1,281	126	112	79
Provision for Credit Losses	100	191	201	235	287	1,048	25	289	402	420
Total Non-Interest Expense	1,976	2,408	2,714	2,647	2,721	2,795	4,375	4,201	4,574	4,562
Salaries and Employee Benefits	1,122	1,349	1,524	1,559	1,654	1,692	2,335	2,401	2,529	2,701
Net Occupancy & Equipment Expense	478	623	696	642	668	722	1,375	1,125	1,114	1,153
Marketing Expense	52	63	60	53	37	38	89	91	115	116
Property & Liability Insurance Claims	45	54	78	63	49	32	51	67	302	114
Other Operating Expenses	251	289	300	277	275	269	436	419	437	416
Depreciation Expense	-	-	-	-	4.00	1.00	41	45	27	15
Amortization Expense	28	30	56	53	34	41	48	53	50	47
Income Tax Expense	221	208	208	235	248	155	294	515	413	443
Preferred Stock Dividends Declared	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	$0.82	$0.72	$1.02	$1.22	$1.29	$0.71	$0.91	$1.47	$1.26	$1.24
Weighted Average Basic Shares Outstanding	803.41M	904.44M	1.08B	1.08B	1.04B	1.02B	1.26B	1.44B	1.45B	1.45B
Diluted Earnings per Share	$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	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	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	$0.25	$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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Net Income / (Loss) Attributable to Common Shareholders	565	617	573	519	510	215	383	439	481	498	500
Consolidated Net Income / (Loss)	597	649	606	565	552	248	424	480	522	534	531
Net Income / (Loss) Continuing Operations	597	649	606	565	552	248	424	480	522	534	531
Total Pre-Tax Income	743	793	750	699	688	247	510	586	638	669	653
Total Revenue	1,902	1,961	1,921	1,841	1,877	1,721	1,754	1,803	1,874	1,954	1,920
Net Interest Income / (Expense)	1,404	1,462	1,409	1,346	1,368	1,316	1,287	1,312	1,351	1,395	1,426
Total Interest Income	1,589	1,854	2,028	2,225	2,313	2,350	2,380	2,476	2,555	2,510	2,489
Loans and Leases Interest Income	1,268	1,466	1,579	1,679	1,764	1,789	1,809	1,859	1,906	1,907	1,905
Investment Securities Interest Income	287	308	357	380	387	397	418	442	451	437	429
Other Interest Income	34	80	92	166	162	164	153	175	198	166	155
Total Interest Expense	185	392	619	879	945	1,034	1,093	1,164	1,204	1,115	1,063
Deposits Interest Expense	92	235	406	570	713	808	857	907	945	863	810
Short-Term Borrowings Interest Expense	22	10	60	74	17	28	19	19	14	17	14
Long-Term Debt Interest Expense	71	147	153	235	215	198	217	238	245	235	239
Total Non-Interest Income	498	499	512	495	509	405	467	491	523	559	494
Trust Fees by Commissions	60	-	65	62	52	-	56	73	78	-	67
Other Service Charges	192	1,126	321	298	326	871	271	279	306	1,126	413
Other Non-Interest Income	138	-152	29	41	34	8.00	36	32	26	-15	14
Provision for Credit Losses	106	91	85	92	99	126	107	100	106	107	115
Total Non-Interest Expense	1,053	1,077	1,086	1,050	1,090	1,348	1,137	1,117	1,130	1,178	1,152
Salaries and Employee Benefits	614	630	649	613	622	645	639	663	684	715	671
Net Occupancy & Equipment Expense	268	275	235	235	239	405	290	252	247	364	302
Marketing Expense	24	29	60	54	67	-66	57	51	57	-49	29
Property & Liability Insurance Claims	15	18	16	21	27	238	25	26	21	42	22
Other Operating Expenses	108	107	105	106	117	109	110	109	106	91	113
Depreciation Expense	11	9.00	8.00	8.00	6.00	5.00	4.00	4.00	4.00	3.00	4.00
Amortization Expense	13	9.00	13	13	12	12	12	12	11	12	11
Income Tax Expense	146	144	144	134	136	-1.00	86	106	116	135	122
Preferred Stock Dividends Declared	29	28	29	40	37	28	36	35	36	32	27
Net Income / (Loss) Attributable to Noncontrolling Interest	3.00	4.00	4.00	6.00	5.00	5.00	5.00	6.00	5.00	4.00	4.00
Basic Earnings per Share	$0.39	$0.43	$0.40	$0.36	$0.35	$0.15	$0.26	$0.30	$0.33	$0.35	$0.34
Weighted Average Basic Shares Outstanding	1.44B	1.44B	1.44B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B
Diluted Earnings per Share	$0.39	$0.42	$0.39	$0.35	$0.35	$0.15	$0.26	$0.30	$0.33	$0.33	$0.34
Weighted Average Diluted Shares Outstanding	1.47B	1.47B	1.47B	1.47B	1.47B	1.47B	1.47B	1.47B	1.48B	1.48B	1.48B
Weighted Average Basic & Diluted Shares Outstanding	1.44B	1.44B	1.44B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	-374	538	135	1,152	-1,502	5,425	-1,073	1,182	3,425	2,718
Net Cash From Operating Activities	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	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	693	712	1,186	1,393	1,411	817	1,297	2,249	1,971	1,960
Consolidated Net Income / (Loss)	693	712	1,186	1,393	1,411	817	1,297	2,249	1,971	1,960
Provision For Loan Losses	100	191	201	235	287	1,048	25	289	402	420
Depreciation Expense	341	380	413	493	386	367	391	484	798	622
Non-Cash Adjustments to Reconcile Net Income	-184	135	-156	-157	-487	-1,093	419	-732	-696	-681
Changes in Operating Assets and Liabilities, net	83	-203	314	-238	-23	184	-70	1,737	182	-506
Net Cash From Investing Activities	-4,929	-3,445	-4,866	-3,663	-1,877	-8,639	-3,962	-11,609	-2,997	-12,119
Net Cash From Continuing Investing Activities	-4,929	-3,445	-4,866	-3,663	-1,877	-8,639	-3,962	-11,609	-2,997	-12,119
Purchase of Property, Leasehold Improvements and Equipment	-93	-120	-194	-110	-107	-119	-247	-214	-140	-143
Purchase of Investment Securities	-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	4,006	12,460	6,198	5,058	8,927	11,002	18,988	10,757	8,167	15,692
Other Investing Activities, net	10	-	-	102	-	0.00	-653	-66	-17	-474
Net Cash From Financing Activities	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	3,522	2,768	3,047	3,089	-1,199	12,741	827	8,764	3,765	13,022
Net Change in Deposits	-48	-292	1,433	-	-1,702	16,601	6,501	4,651	3,316	11,218
Issuance of Debt	3,240	2,128	3,262	2,234	2,382	-987	-470	13,165	14,965	6,879
Issuance of Preferred Equity	0.00	585	0.00	495	0.00	988	486	0.00	317	0.00
Repayment of Debt	-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	-225	-299	-425	-584	-671	-698	-888	-1,010	-1,034	-1,046
Other Financing Activities, Net	3,663	21	-15	7,706	-24	-19	-48	-25	-46	-56
Cash Interest Paid	150	241	409	742	989	453	185	627	3,359	4,547
Cash Income Taxes Paid	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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Net Change in Cash & Equivalents	468	2,328	3,665	710	356	-	2,051	366	39	262	2,463
Net Cash From Operating Activities	846	1,357	130	630	999	-	464	305	-438	1,484	513
Net Cash From Continuing Operating Activities	846	1,357	130	630	999	-	464	305	-438	1,484	513
Net Income / (Loss) Continuing Operations	597	649	606	565	552	-	424	480	522	534	531
Consolidated Net Income / (Loss)	597	649	606	565	552	-	424	480	522	534	531
Provision For Loan Losses	106	91	85	92	99	-	107	100	106	107	115
Depreciation Expense	148	129	142	202	214	-	190	170	132	130	209
Non-Cash Adjustments to Reconcile Net Income	-828	131	-268	-263	-299	-	-394	-172	-44	-71	555
Changes in Operating Assets and Liabilities, net	823	357	-435	34	433	-	137	-273	-1,154	784	-897
Net Cash From Investing Activities	-1,141	-1,263	-2,299	1,167	1,444	-	-2,262	-2,192	-2,881	-4,784	-2,150
Net Cash From Continuing Investing Activities	-1,141	-1,263	-2,299	1,167	1,444	-	-2,262	-2,192	-2,881	-4,784	-2,150
Purchase of Property, Leasehold Improvements and Equipment	-42	-49	-25	-32	-23	-	-32	-42	-42	-27	-54
Purchase of Investment Securities	-4,444	-2,700	-4,270	-1,170	-453	-	-4,735	-6,225	-7,258	-8,976	-5,084
Sale and/or Maturity of Investments	2,431	1,648	1,904	2,345	1,910	-	2,446	4,034	4,432	4,780	2,512
Other Investing Activities, net	914	-162	92	24	10	-	59	41	-13	-561	476
Net Cash From Financing Activities	763	2,234	5,834	-1,087	-2,087	-	3,849	2,253	3,358	3,562	4,100
Net Cash From Continuing Financing Activities	763	2,234	5,834	-1,087	-2,087	-	3,849	2,253	3,358	3,562	4,100
Net Change in Deposits	878	1,601	-2,636	2,750	839	-	1,995	1,142	3,984	4,097	2,889
Issuance of Debt	878	7,003	8,669	4,925	1,303	-	2,786	1,821	767	1,505	1,953
Repayment of Debt	-744	-6,115	-268	-8,475	-3,955	-	-661	-420	-1,124	-1,358	-460
Payment of Dividends	-252	-253	-254	-252	-265	-	-262	-260	-262	-262	-253
Other Financing Activities, Net	3.00	-2.00	6.00	-35	-9.00	-	-9.00	-30	-7.00	-10	-29
Cash Interest Paid	156	358	562	871	909	-	1,070	1,139	1,245	1,093	1,092
Cash Income Taxes Paid	-3.00	4.00	-59	152	-87	-	47	45	12	19	34

This table presents Huntington Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	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	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	52	58	47	53	102	117	392	5,122	8,765	11,647
Trading Account Securities	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	49,743	66,324	69,426	74,128	74,621	79,794	109,237	117,402	119,727	127,798
Loans and Leases	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	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	621	816	864	790	763	757	1,164	1,156	1,109	1,066
Goodwill	677	1,993	1,993	1,989	1,990	1,990	5,349	5,571	5,561	5,561
Intangible Assets	55	402	584	535	475	428	611	712	672	677
Other Assets	3,577	4,720	4,617	4,795	5,245	6,256	7,193	7,697	7,909	8,435
Total Liabilities & Shareholders' Equity	71,018	99,714	104,185	108,781	109,002	123,038	174,064	182,906	189,368	204,230
Total Liabilities	64,424	89,406	93,371	97,679	97,207	110,045	154,746	165,137	169,970	184,448
Non-Interest Bearing Deposits	16,480	22,836	21,546	21,783	20,247	28,553	43,236	38,242	30,967	29,345
Interest Bearing Deposits	38,548	52,772	55,495	62,991	62,100	70,395	100,027	109,672	120,263	133,103
Short-Term Debt	615	3,693	5,056	2,017	2,606	183	334	2,027	620	199
Long-Term Debt	7,041	8,309	9,206	8,625	9,849	8,352	7,108	9,686	12,394	16,374
Other Long-Term Liabilities	1,472	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
Total Equity & Noncontrolling Interests	6,595	10,308	10,814	11,102	11,795	12,993	19,318	17,769	19,398	19,782
Total Preferred & Common Equity	6,595	10,308	10,814	11,102	11,795	12,993	19,297	17,731	19,353	19,740
Preferred Stock	0.00	1,071	1,071	1,203	1,203	2,191	2,167	2,167	2,394	1,989
Total Common Equity	6,595	9,237	9,743	9,899	10,592	10,802	17,130	15,564	16,959	17,751
Common Stock	7,046	9,892	9,718	9,192	8,816	8,791	15,236	15,323	15,404	15,499
Retained Earnings	-594	-227	588	1,361	2,088	1,878	2,202	3,419	4,322	5,204
Treasury Stock	-18	-27	-35	-45	-56	-59	-79	-80	-91	-86
Accumulated Other Comprehensive Income / (Loss)	-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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Total Assets	179,402	182,906	189,070	188,505	186,650	189,368	193,519	196,310	200,535	204,230	209,596
Cash and Due from Banks	1,685	1,796	1,568	1,636	1,602	1,558	1,189	1,333	1,677	1,685	1,598
Interest Bearing Deposits at Other Banks	216	5,122	203	210	258	8,765	11,216	11,450	11,163	11,647	14,330
Trading Account Securities	42,222	41,877	42,837	41,459	39,453	42,421	43,601	44,156	46,115	45,171	46,091
Loans and Leases, Net of Allowance	116,037	117,402	119,037	119,048	118,645	119,727	120,487	122,118	124,152	127,798	130,242
Loans and Leases	118,147	119,523	121,179	121,225	120,853	121,982	122,767	124,422	126,387	130,042	132,505
Allowance for Loan and Lease Losses	2,110	2,121	2,142	2,177	2,208	2,255	2,280	2,304	2,235	2,244	2,263
Accrued Investment Income	1,352	1,573	1,521	1,471	1,496	1,646	1,616	1,591	1,633	2,190	1,716
Premises and Equipment, Net	1,171	1,156	1,136	1,128	1,096	1,109	1,095	1,095	1,093	1,066	1,085
Goodwill	5,571	5,571	5,561	5,561	5,561	5,561	5,561	5,561	5,561	5,561	5,561
Intangible Assets	715	712	685	690	718	672	677	673	633	677	656
Other Assets	7,742	7,697	7,721	7,859	7,988	7,909	8,077	8,333	8,508	8,435	8,317
Total Liabilities & Shareholders' Equity	179,402	182,906	189,070	188,505	186,650	189,368	193,519	196,310	200,535	204,230	209,596
Total Liabilities	162,231	165,137	170,259	169,667	168,120	169,970	174,146	176,747	179,883	184,448	189,110
Non-Interest Bearing Deposits	40,762	38,242	36,789	33,340	31,666	30,967	29,739	28,636	29,047	29,345	30,217
Interest Bearing Deposits	105,551	109,672	108,489	114,688	117,201	120,263	123,486	125,731	129,304	133,103	135,120
Short-Term Debt	426	2,027	6,898	1,680	681	620	182	187	868	199	664
Long-Term Debt	10,168	9,686	13,072	14,711	12,822	12,394	14,894	16,461	15,656	16,374	18,096
Other Long-Term Liabilities	5,324	5,510	5,011	5,248	5,750	5,726	5,845	5,732	5,008	5,427	5,013
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	17,171	17,769	18,811	18,838	18,530	19,398	19,373	19,563	20,652	19,782	20,486
Total Preferred & Common Equity	17,136	17,731	18,758	18,788	18,483	19,353	19,322	19,515	20,606	19,740	20,434
Preferred Stock	2,167	2,167	2,484	2,484	2,484	2,394	2,394	2,394	2,394	1,989	1,989
Total Common Equity	14,969	15,564	16,274	16,304	15,999	16,959	16,928	17,121	18,212	17,751	18,445
Common Stock	15,296	15,323	15,347	15,350	15,378	15,404	15,422	15,440	15,470	15,499	15,494
Retained Earnings	3,029	3,419	3,764	4,052	4,334	4,322	4,476	4,682	4,935	5,204	5,474
Treasury Stock	-80	-80	-82	-92	-91	-91	-91	-90	-89	-86	-90
Accumulated Other Comprehensive Income / (Loss)	-3,276	-3,098	-2,755	-3,006	-3,622	-2,676	-2,879	-2,911	-2,104	-2,866	-2,433
Noncontrolling Interest	35	38	53	50	47	45	51	48	46	42	52

This table displays calculated financial ratios and metrics derived from Huntington Bancshares' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	6.17%	17.69%	22.45%	4.66%	3.48%	3.17%	40.25%	7.42%	1.46%	0.34%
EBITDA Growth	5.83%	3.59%	39.00%	17.38%	-3.58%	-34.52%	104.93%	18.37%	-2.03%	-4.93%
EBIT Growth	7.15%	0.66%	51.52%	16.79%	1.90%	-41.41%	142.08%	17.47%	-13.75%	0.80%
NOPAT Growth	9.58%	2.74%	66.57%	17.45%	1.29%	-42.10%	58.75%	73.40%	-12.36%	-0.56%
Net Income Growth	9.58%	2.74%	66.57%	17.45%	1.29%	-42.10%	217.26%	-13.23%	-12.36%	-0.56%
EPS Growth	12.50%	-13.58%	42.86%	20.00%	5.83%	-45.67%	30.43%	61.11%	-14.48%	-1.61%
Operating Cash Flow Growth	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	67.48%	-1,378.17%	78.49%	399.05%	-123.17%	423.20%	-211.19%	87.98%	-102.75%	-106.78%
Invested Capital Growth	9.11%	56.55%	12.40%	-13.29%	11.53%	-11.22%	24.30%	10.17%	9.94%	12.17%
Revenue Q/Q Growth	2.16%	9.31%	0.93%	1.19%	-0.21%	1.73%	21.06%	-5.82%	-3.16%	3.26%
EBITDA Q/Q Growth	-0.17%	6.66%	7.32%	0.81%	-3.95%	2.61%	45.65%	-11.50%	-12.03%	47.92%
EBIT Q/Q Growth	1.50%	9.38%	7.55%	-1.21%	-1.13%	0.31%	59.42%	-14.24%	-18.63%	21.30%
NOPAT Q/Q Growth	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	2.17%	9.33%	19.30%	-6.51%	-1.19%	-0.12%	114.04%	-31.79%	-16.91%	17.08%
EPS Q/Q Growth	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	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	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	-1.00%	3.61%	15.40%	0.36%	1.23%	-3.52%	-3.44%	6.18%	1.18%	-2.21%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	41.97%	36.94%	41.94%	47.03%	43.82%	27.81%	40.63%	44.78%	43.23%	40.96%
EBIT Margin	30.57%	26.14%	32.35%	36.10%	35.55%	20.19%	34.84%	38.10%	32.39%	32.54%
Profit (Net Income) Margin	23.18%	20.23%	27.52%	30.89%	30.23%	16.97%	38.38%	31.00%	26.78%	26.54%
Tax Burden Percent	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%	67.62%	100.00%	100.00%	100.00%
Effective Tax Rate	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)	5.07%	3.89%	5.01%	5.95%	6.14%	3.57%	5.37%	8.00%	6.37%	5.70%
ROIC Less NNEP Spread (ROIC-NNEP)	5.07%	3.89%	5.01%	5.95%	6.14%	3.57%	21.58%	8.00%	6.37%	5.70%
Return on Net Nonoperating Assets (RNNOA)	5.65%	4.53%	6.22%	6.76%	6.19%	3.02%	10.67%	4.13%	4.24%	4.30%
Return on Equity (ROE)	10.73%	8.42%	11.23%	12.71%	12.32%	6.59%	16.04%	12.13%	10.61%	10.01%
Cash Return on Invested Capital (CROIC)	-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)	1.33%	1.08%	1.37%	1.53%	1.52%	0.84%	1.58%	1.55%	1.28%	1.22%
Return on Assets (ROA)	1.01%	0.83%	1.16%	1.31%	1.30%	0.70%	1.74%	1.26%	1.06%	1.00%
Return on Common Equity (ROCE)	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)	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)	693	712	1,186	1,393	1,411	817	1,297	2,249	1,971	1,960
NOPAT Margin	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%	-16.21%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	55.25%	57.83%	52.91%	49.98%	50.55%	50.92%	56.26%	49.86%	51.06%	53.76%
Operating Expenses to Revenue	66.09%	68.43%	62.98%	58.69%	58.30%	58.05%	64.79%	57.91%	62.15%	61.77%
Earnings before Interest and Taxes (EBIT)	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)	1,255	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)	0.94	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)	1.06	1.52	1.63	1.32	1.53	1.30	1.76	1.99	1.64	2.05
Price to Revenue (P/Rev)	2.07	2.95	2.71	2.15	2.67	2.27	2.92	2.54	2.39	3.20
Price to Earnings (P/E)	9.37	16.02	10.51	7.34	9.31	15.21	17.09	8.67	9.70	13.12
Dividend Yield	3.22%	3.03%	3.24%	5.46%	4.81%	5.60%	4.44%	4.85%	5.10%	3.81%
Earnings Yield	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)	0.91	0.99	1.01	0.87	1.02	0.69	0.88	0.86	0.70	0.80
Enterprise Value to Revenue (EV/Rev)	4.33	6.25	5.90	4.18	5.32	3.10	3.47	3.50	3.09	3.91
Enterprise Value to EBITDA (EV/EBITDA)	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)	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)	18.69	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)	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	3.99	0.00	4.22	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	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	1.07	0.81	0.85	0.78	0.84	0.64	0.37	0.55	0.64	0.83
Financial Leverage	1.11	1.16	1.24	1.14	1.01	0.85	0.49	0.52	0.67	0.76
Leverage Ratio	10.63	10.10	9.65	9.72	9.51	9.36	9.20	9.63	10.02	10.05
Compound Leverage Factor	10.63	10.10	9.65	9.72	9.51	9.36	6.22	9.63	10.02	10.05
Debt to Total Capital	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	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	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	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%	0.08%	0.13%	0.14%	0.12%
Common Equity to Total Capital	46.27%	41.40%	38.85%	45.53%	43.68%	50.18%	64.01%	52.79%	52.32%	48.83%
Debt to EBITDA	6.10	9.23	7.89	5.02	6.09	6.37	2.71	3.61	4.09	5.48
Net Debt to EBITDA	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	5.61	6.39	5.09	4.07	4.82	6.24	2.59	2.98	3.90	5.41
Debt to NOPAT	11.05	16.86	12.03	7.64	8.83	10.45	5.74	5.21	6.60	8.46
Net Debt to NOPAT	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	10.16	11.67	7.76	6.19	6.98	10.22	5.48	4.31	6.29	8.35
Noncontrolling Interest Sharing Ratio	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)	-497	-7,347	-1,580	4,725	-1,095	3,539	-3,935	-473	-959	-1,983
Operating Cash Flow to CapEx	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	-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	6.30	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	5.73	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	0.05	0.04	0.04	0.04
Fixed Asset Turnover	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	14,251	22,310	25,076	21,744	24,250	21,528	26,760	29,482	32,412	36,355
Invested Capital Turnover	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	1,190	8,059	2,766	-3,332	2,506	-2,722	5,232	2,722	2,930	3,943
Enterprise Value (EV)	12,951	21,996	25,438	18,833	24,836	14,921	23,419	25,425	22,750	28,903
Market Capitalization	6,194	10,366	11,672	9,713	12,450	10,907	19,703	18,425	17,620	23,631
Book Value per Share	$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	$7.36	$6.31	$6.63	$6.95	$7.87	$8.24	$7.72	$6.43	$7.41	$7.93
Total Capital	14,251	22,310	25,076	21,744	24,250	21,528	26,760	29,482	32,412	36,355
Total Debt	7,657	12,002	14,262	10,642	12,455	8,535	7,442	11,713	13,014	16,573
Total Long-Term Debt	7,041	8,309	9,206	8,625	9,849	8,352	7,108	9,686	12,394	16,374
Net Debt	6,758	10,559	12,695	7,917	11,183	1,823	1,528	4,795	2,691	3,241
Capital Expenditures (CapEx)	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	-1,295	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	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)	341	380	413	493	386	367	391	484	798	622
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.82	$0.72	$1.02	$1.22	$1.29	$0.71	$0.91	$1.47	$1.26	$1.24
Adjusted Weighted Average Basic Shares Outstanding	803.41M	904.44M	1.08B	1.08B	1.04B	1.02B	1.26B	1.44B	1.45B	1.45B
Adjusted Diluted Earnings per Share	$0.81	$0.70	$1.00	$1.20	$1.27	$0.69	$0.90	$1.45	$1.24	$1.22
Adjusted Weighted Average Diluted Shares Outstanding	817.13M	918.79M	1.14B	1.11B	1.06B	1.03B	1.29B	1.47B	1.47B	1.48B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.29	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	795.03M	1.09B	1.07B	1.05B	1.02B	1.02B	1.44B	1.44B	1.45B	1.45B
Normalized Net Operating Profit after Tax (NOPAT)	693	712	1,186	1,393	1,411	817	1,297	2,249	1,971	1,960
Normalized NOPAT Margin	23.18%	20.23%	27.52%	30.89%	30.23%	16.97%	19.21%	31.00%	26.78%	26.54%
Pre Tax Income Margin	30.57%	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	5.57	3.50	3.23	2.14	1.68	2.30	26.44	3.97	0.69	0.53
NOPAT to Interest Expense	4.23	2.71	2.75	1.83	1.43	1.93	14.57	3.23	0.57	0.43
EBIT Less CapEx to Interest Expense	5.01	3.04	2.78	2.00	1.57	2.02	23.66	3.66	0.65	0.49
NOPAT Less CapEx to Interest Expense	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	32.47%	41.99%	35.83%	41.92%	47.55%	85.43%	34.26%	44.91%	52.46%	53.37%
Augmented Payout Ratio	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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.21%	-18.60%	16.78%	5.44%	-1.31%	-12.24%	-8.69%	-2.06%	-0.16%	13.54%	9.46%
EBITDA Growth	80.73%	-31.40%	31.37%	19.18%	1.23%	-71.37%	-21.52%	-16.09%	-14.63%	202.65%	23.14%
EBIT Growth	58.76%	-36.66%	32.28%	5.75%	-7.40%	-68.85%	-32.00%	-16.17%	-7.27%	170.85%	28.04%
NOPAT Growth	57.94%	61.44%	31.17%	4.44%	-7.54%	-61.79%	-30.03%	-15.04%	-5.43%	115.32%	25.24%
Net Income Growth	57.94%	-61.76%	31.17%	4.44%	-7.54%	-61.79%	-30.03%	-15.04%	-5.43%	115.32%	25.24%
EPS Growth	77.27%	68.00%	34.48%	0.00%	-10.26%	-64.29%	-33.33%	-14.29%	-5.71%	120.00%	30.77%
Operating Cash Flow Growth	46.62%	173.04%	-84.69%	-35.38%	18.09%	0.00%	256.92%	-51.59%	-143.84%	0.00%	6.43%
Free Cash Flow Firm Growth	110.85%	57.08%	-202.02%	-6,457.95%	-781.83%	-29.38%	137.94%	91.30%	-24.35%	-27.11%	-189.70%
Invested Capital Growth	0.19%	10.17%	51.25%	21.93%	15.37%	9.94%	-11.17%	2.79%	16.06%	12.17%	13.92%
Revenue Q/Q Growth	8.93%	3.10%	-33.76%	-4.16%	1.96%	-8.31%	-35.49%	2.79%	3.94%	4.27%	-1.74%
EBITDA Q/Q Growth	17.86%	3.48%	-52.07%	1.01%	0.11%	-70.73%	-52.86%	8.00%	1.85%	3.77%	7.88%
EBIT Q/Q Growth	12.41%	6.73%	-56.70%	-6.80%	-1.57%	-64.10%	-59.04%	14.90%	8.87%	4.86%	-2.39%
NOPAT Q/Q Growth	10.35%	8.71%	-6.63%	-6.77%	-2.30%	-55.07%	70.97%	13.21%	8.75%	2.30%	-0.56%
Net Income Q/Q Growth	10.35%	8.71%	-79.01%	-6.77%	-2.30%	-55.07%	-80.72%	13.21%	8.75%	2.30%	-0.56%
EPS Q/Q Growth	11.43%	7.69%	-7.14%	-10.26%	0.00%	-57.14%	73.33%	15.38%	10.00%	0.00%	3.03%
Operating Cash Flow Q/Q Growth	-13.23%	60.40%	-90.42%	384.62%	58.57%	0.00%	-48.33%	-34.27%	-243.61%	438.81%	-65.43%
Free Cash Flow Firm Q/Q Growth	719.32%	-480.37%	-504.63%	53.96%	35.61%	27.83%	277.33%	-110.56%	-820.52%	26.23%	-25.14%
Invested Capital Q/Q Growth	-3.90%	6.18%	31.54%	-9.16%	-9.07%	1.18%	6.28%	5.11%	2.66%	-2.21%	7.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	46.85%	47.02%	46.43%	48.94%	48.06%	15.34%	39.91%	41.93%	41.09%	40.89%	44.90%
EBIT Margin	39.06%	40.44%	39.04%	37.97%	36.65%	14.35%	29.08%	32.50%	34.04%	34.24%	34.01%
Profit (Net Income) Margin	31.39%	33.10%	31.55%	30.69%	29.41%	14.41%	24.17%	26.62%	27.85%	27.33%	27.66%
Tax Burden Percent	80.35%	81.84%	80.80%	80.83%	80.23%	100.40%	83.14%	81.91%	81.82%	79.82%	81.32%
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	19.65%	18.16%	19.20%	19.17%	19.77%	-0.40%	16.86%	18.09%	18.18%	20.18%	18.68%
Return on Invested Capital (ROIC)	8.72%	8.54%	8.29%	8.20%	7.48%	3.43%	5.41%	6.08%	5.76%	5.87%	5.67%
ROIC Less NNEP Spread (ROIC-NNEP)	8.72%	8.54%	8.29%	8.20%	7.48%	3.43%	5.41%	6.08%	5.76%	5.87%	5.67%
Return on Net Nonoperating Assets (RNNOA)	4.47%	4.41%	6.03%	6.08%	5.05%	2.28%	4.96%	5.23%	4.41%	4.43%	4.81%
Return on Equity (ROE)	13.19%	12.95%	14.33%	14.28%	12.52%	5.71%	10.37%	11.30%	10.17%	10.30%	10.48%
Cash Return on Invested Capital (CROIC)	7.03%	-1.68%	-33.36%	-12.22%	-6.34%	-3.10%	16.72%	2.02%	-10.02%	-5.77%	-7.41%
Operating Return on Assets (OROA)	1.70%	1.64%	1.81%	1.77%	1.52%	0.57%	1.25%	1.38%	1.26%	1.28%	1.27%
Return on Assets (ROA)	1.37%	1.35%	1.46%	1.43%	1.22%	0.57%	1.04%	1.13%	1.03%	1.03%	1.04%
Return on Common Equity (ROCE)	11.57%	11.41%	12.51%	12.44%	10.86%	4.99%	9.02%	9.84%	8.88%	9.13%	9.30%
Return on Equity Simple (ROE_SIMPLE)	19.24%	0.00%	24.69%	24.78%	12.83%	0.00%	19.36%	18.73%	8.12%	0.00%	10.12%
Net Operating Profit after Tax (NOPAT)	597	649	606	565	552	248	424	480	522	534	531
NOPAT Margin	31.39%	33.10%	31.55%	30.69%	29.41%	14.41%	24.17%	26.62%	27.85%	27.33%	27.66%
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%	47.63%	49.14%	49.00%	49.44%	57.18%	56.21%	53.58%	52.72%	52.71%	52.19%
Operating Expenses to Revenue	55.36%	54.92%	56.53%	57.03%	58.07%	78.33%	64.82%	61.95%	60.30%	60.29%	60.00%
Earnings before Interest and Taxes (EBIT)	743	793	750	699	688	247	510	586	638	669	653
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	891	922	892	901	902	264	700	756	770	799	862
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.16	1.18	0.93	0.91	0.89	1.04	1.18	1.12	1.16	1.33	1.18
Price to Tangible Book Value (P/TBV)	2.00	1.99	1.51	1.47	1.46	1.64	1.87	1.75	1.76	2.05	1.78
Price to Revenue (P/Rev)	2.25	2.54	1.79	1.73	1.87	2.39	2.44	2.34	2.96	3.20	2.89
Price to Earnings (P/E)	9.21	8.67	6.68	6.50	6.42	9.70	12.26	12.35	13.94	13.12	11.38
Dividend Yield	5.15%	4.85%	5.91%	6.05%	6.31%	5.10%	4.50%	4.70%	4.26%	3.81%	4.13%
Earnings Yield	10.86%	11.53%	14.96%	15.37%	15.59%	10.31%	8.16%	8.10%	7.18%	7.62%	8.79%
Enterprise Value to Invested Capital (EV/IC)	0.92	0.86	0.70	0.64	0.58	0.70	0.73	0.70	0.73	0.80	0.68
Enterprise Value to Revenue (EV/Rev)	3.32	3.50	3.20	2.62	2.44	3.09	3.06	3.12	3.81	3.91	3.54
Enterprise Value to EBITDA (EV/EBITDA)	6.97	7.83	6.15	4.93	5.14	7.15	6.28	6.61	13.34	9.55	8.38
Enterprise Value to EBIT (EV/EBIT)	7.93	9.20	6.97	5.72	6.34	9.54	7.98	8.39	13.77	12.03	10.48
Enterprise Value to NOPAT (EV/NOPAT)	12.77	11.30	11.32	9.28	7.83	11.54	14.01	14.91	16.30	14.75	12.91
Enterprise Value to Operating Cash Flow (EV/OCF)	8.07	6.31	8.19	7.57	5.96	8.56	8.38	9.53	0.00	15.92	14.46
Enterprise Value to Free Cash Flow (EV/FCFF)	13.11	0.00	0.00	0.00	0.00	0.00	4.09	35.19	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.62	0.66	1.06	0.87	0.73	0.67	0.78	0.85	0.80	0.84	0.92
Long-Term Debt to Equity	0.59	0.55	0.69	0.78	0.69	0.64	0.77	0.84	0.76	0.83	0.88
Financial Leverage	0.51	0.52	0.73	0.74	0.68	0.67	0.92	0.86	0.77	0.76	0.85
Leverage Ratio	9.63	9.63	9.81	9.98	10.25	10.02	10.02	10.02	9.88	10.05	10.11
Compound Leverage Factor	9.63	9.63	9.81	9.98	10.25	10.02	10.02	10.02	9.88	10.05	10.11
Debt to Total Capital	38.16%	39.73%	51.49%	46.53%	42.15%	40.15%	43.76%	45.98%	44.45%	45.59%	47.80%
Short-Term Debt to Total Capital	1.53%	6.88%	17.79%	4.77%	2.13%	1.91%	0.53%	0.52%	2.33%	0.55%	1.69%
Long-Term Debt to Total Capital	36.62%	32.85%	33.71%	41.76%	40.03%	38.24%	43.23%	45.46%	42.11%	45.04%	46.11%
Preferred Equity to Total Capital	7.80%	7.35%	6.41%	7.05%	7.75%	7.39%	6.95%	6.61%	6.44%	5.47%	5.07%
Noncontrolling Interests to Total Capital	0.13%	0.13%	0.14%	0.14%	0.15%	0.14%	0.15%	0.13%	0.12%	0.12%	0.13%
Common Equity to Total Capital	53.91%	52.79%	41.96%	46.28%	49.95%	52.32%	49.14%	47.28%	48.99%	48.83%	47.00%
Debt to EBITDA	2.89	3.61	4.54	3.61	3.73	4.09	3.78	4.33	8.08	5.48	5.89
Net Debt to EBITDA	1.64	1.48	2.14	1.12	0.50	0.85	0.67	1.01	1.80	1.07	0.89
Long-Term Debt to EBITDA	2.77	2.98	2.97	3.24	3.54	3.90	3.73	4.28	7.66	5.41	5.68
Debt to NOPAT	5.29	5.21	8.35	6.78	5.69	6.60	8.43	9.77	9.87	8.46	9.08
Net Debt to NOPAT	3.00	2.13	3.93	2.11	0.76	1.37	1.49	2.27	2.20	1.65	1.37
Long-Term Debt to NOPAT	5.08	4.31	5.46	6.09	5.41	6.29	8.33	9.66	9.35	8.35	8.75
Noncontrolling Interest Sharing Ratio	12.24%	11.85%	12.69%	12.85%	13.26%	12.50%	13.05%	12.96%	12.69%	11.41%	11.25%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	545	-2,073	-12,534	-5,771	-3,716	-2,682	4,756	-502	-4,621	-3,409	-4,266
Operating Cash Flow to CapEx	2,014.29%	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%
Free Cash Flow to Firm to Interest Expense	2.95	-5.29	-20.25	-6.57	-3.93	-2.59	4.35	-0.43	-3.84	-3.06	-4.01
Operating Cash Flow to Interest Expense	4.57	3.46	0.21	0.72	1.06	0.00	0.42	0.26	-0.36	1.33	0.48
Operating Cash Flow Less CapEx to Interest Expense	4.35	3.34	0.17	0.68	1.03	0.00	0.40	0.23	-0.40	1.31	0.43
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	6.71	6.25	7.34	7.44	6.70	6.50	7.34	7.34	6.53	6.79	6.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	27,765	29,482	38,781	35,229	32,033	32,412	34,449	36,211	37,176	36,355	39,246
Invested Capital Turnover	0.28	0.26	0.26	0.27	0.25	0.24	0.22	0.23	0.21	0.21	0.20
Increase / (Decrease) in Invested Capital	52	2,722	13,140	6,336	4,268	2,930	-4,332	982	5,143	3,943	4,797
Enterprise Value (EV)	25,567	25,425	27,077	22,428	18,576	22,750	25,064	25,408	27,279	28,903	26,694
Market Capitalization	17,363	18,425	15,142	14,792	14,235	17,620	19,948	19,101	21,155	23,631	21,821
Book Value per Share	$10.38	$10.79	$11.28	$11.29	$11.05	$11.71	$11.69	$11.81	$12.54	$12.23	$12.69
Tangible Book Value per Share	$6.02	$6.43	$6.95	$6.96	$6.71	$7.41	$7.38	$7.51	$8.27	$7.93	$8.41
Total Capital	27,765	29,482	38,781	35,229	32,033	32,412	34,449	36,211	37,176	36,355	39,246
Total Debt	10,594	11,713	19,970	16,391	13,503	13,014	15,076	16,648	16,524	16,573	18,760
Total Long-Term Debt	10,168	9,686	13,072	14,711	12,822	12,394	14,894	16,461	15,656	16,374	18,096
Net Debt	6,002	4,795	9,398	5,102	1,810	2,691	2,671	3,865	3,684	3,241	2,832
Capital Expenditures (CapEx)	42	49	25	32	23	0.00	32	42	42	27	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)	10,594	11,713	19,970	16,391	13,503	13,014	15,076	16,648	16,524	16,573	18,760
Total Depreciation and Amortization (D&A)	148	129	142	202	214	17	190	170	132	130	209
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.39	$0.43	$0.40	$0.36	$0.35	$0.15	$0.26	$0.30	$0.33	$0.35	$0.34
Adjusted Weighted Average Basic Shares Outstanding	1.44B	1.44B	1.44B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B
Adjusted Diluted Earnings per Share	$0.39	$0.42	$0.39	$0.35	$0.35	$0.15	$0.26	$0.30	$0.33	$0.33	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	1.47B	1.47B	1.47B	1.47B	1.47B	1.47B	1.47B	1.47B	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	1.44B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	1.46B
Normalized Net Operating Profit after Tax (NOPAT)	597	649	606	565	552	173	424	480	522	534	531
Normalized NOPAT Margin	31.39%	33.10%	31.55%	30.69%	29.41%	10.05%	24.17%	26.62%	27.85%	27.33%	27.66%
Pre Tax Income Margin	39.06%	40.44%	39.04%	37.97%	36.65%	14.35%	29.08%	32.50%	34.04%	34.24%	34.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.02	2.02	1.21	0.80	0.73	0.24	0.47	0.50	0.53	0.60	0.61
NOPAT to Interest Expense	3.23	1.66	0.98	0.64	0.58	0.24	0.39	0.41	0.43	0.48	0.50
EBIT Less CapEx to Interest Expense	3.79	1.90	1.17	0.76	0.70	0.24	0.44	0.47	0.50	0.58	0.56
NOPAT Less CapEx to Interest Expense	3.00	1.53	0.94	0.61	0.56	0.24	0.36	0.38	0.40	0.45	0.45
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.48%	44.91%	21.83%	21.72%	43.17%	52.46%	27.86%	28.73%	0.00%	53.37%	50.17%
Augmented Payout Ratio	30.48%	44.91%	21.83%	21.72%	43.17%	52.46%	27.86%	28.73%	0.00%	53.37%	50.17%

Key Financial Trends

Huntington Bancshares (NASDAQ: HBANM) has demonstrated steady financial performance over the past several years, with solid growth in key income and balance sheet items through Q1 2025. Here is a summary of the most notable trends and key points from the last four years of quarterly financial statements:

Consistent growth in net interest income: Net interest income increased from approximately $1.41 billion in Q1 2023 to $1.43 billion in Q1 2025, reflecting strong interest earning asset growth and stable margin management.
Steady loan portfolio expansion: Loans and leases rose from around $121.2 billion in Q1 2023 to $132.5 billion in Q1 2025, indicating ongoing growth in core lending activities.
Increasing deposit base: Total deposits grew consistently, with interest-bearing deposits increasing from roughly $108.5 billion in Q1 2023 to $135.1 billion in Q1 2025, supporting asset growth and funding stability.
Net income growth and profitability: Net income available to common shareholders increased from about $565 million in Q1 2023 to $500 million in Q1 2025 quarterly run-rate (noting slight fluctuations), with diluted EPS around $0.34 in Q1 2025.
Controlled credit losses: Provision for credit losses ranged between $85 million and $115 million per quarter, showing Huntington's prudent risk management in lending portfolios despite economic volatility.
Capital base strengthening: Total equity grew from about $17.7 billion in Q1 2023 to $20.5 billion in Q1 2025, enhancing the bank’s financial cushion and regulatory capital ratios.
Solid operating performance: Salaries and employee benefits expenses remained relatively stable around $640-$670 million per quarter, indicating consistent investment in workforce without sharp cost increases.

Non-interest income volatility: Other service charges and non-interest income fluctuated somewhat quarter to quarter, influenced by realized/unrealized capital gains and investment income, which is typical in banking operations.
Interest expense rising with debt levels: Interest expense increased from about $619 million in Q1 2023 to over $1 billion in Q1 2025, partly due to increased long-term and short-term debt balances driven by asset funding needs.
Investment securities portfolio positioning: Holdings in trading securities and investment securities have been sizeable and slightly increased, with active portfolio management impacts on interest income and cash flows.

Increased total non-interest expenses: The bank’s total non-interest expense grew from around $1.05 billion in Q1 2023 to $1.15 billion in Q1 2025, driven by higher occupancy, equipment expenses, and other operating costs, which could pressure profitability if not controlled.
Long-term debt growth and associated interest cost: Long-term debt increased from approximately $13 billion to $18 billion over the analyzed period, with interest expense rising accordingly, requiring monitoring of debt servicing impact on cash flows.
Fluctuations in non-interest income items: Items such as net realized and unrealized gains on investments showed some negative quarters, which, if sustained, could affect earnings stability.

Overall, Huntington Bancshares displays sound financial fundamentals with increasing assets, deposits, and income supported by prudent risk and capital management. Attention should be paid to rising non-interest expense and interest expense trends as debt levels grow, alongside typical variations in non-interest income, to assess longer-term margin pressure risks.

08/09/25 06:08 AMAI 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 9 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 $693 million in 2015. The previous period was $1.97 billion in 2023.

How has Huntington Bancshares' revenue changed over the last 9 years?

Over the last 9 years, Huntington Bancshares' total revenue changed from $2.99 billion in 2015 to $7.39 billion in 2024, a change of 147.0%.

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 186.3% increase since 2015.

How much cash does Huntington Bancshares have?

In the past 9 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 9 years?

Over the last 9 years, Huntington Bancshares' book value per share changed from 8.28 in 2015 to 12.23 in 2024, a change of 47.7%.

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This page (NASDAQ:HBANP) was last updated on 8/9/2025 by MarketBeat.com Staff

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Huntington Bancshares (HBANP) Financials

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Huntington Bancshares (HBANP) Financials

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Quarterly Balance Sheets for Huntington Bancshares

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