Huntington Bancshares Inc. | Large-cap | Financial Services
$15.60
-4.53%
| Huntington Stock Comparison:
Huntington vs Nu HoldingsHuntington vs U.S. BancorpHuntington vs PNC FinancialHuntington vs Deutsche Bank AGHuntington vs NatWest Group plcHuntington vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 1.9B
Net Income 542.0M 27.97%
EPS (Diluted) $0.34

Balance Sheet Metrics

Total Assets 209.6B
Total Liabilities 189.1B
Shareholders Equity 20.5B
Debt to Equity 9.23

Cash Flow Metrics

Operating Cash Flow -175.0M
Free Cash Flow 459.0M

Revenue & Profitability Trend

Huntington Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 7.4B 7.4B 7.3B 6.0B 4.8B
Cost of Goods Sold i - - - - -
Gross Profit i - - - - -
Gross Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 2.9B 2.9B 2.6B 2.5B 1.8B
Other Operating Expenses i - - - - -
Total Operating Expenses i 2.9B 2.9B 2.6B 2.5B 1.8B
Operating Income i - - - - -
Operating Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i - - - - -
Other Non-Operating Income - - - - -
Pre-tax Income i 2.4B 2.4B 2.8B 1.6B 972.0M
Income Tax i 443.0M 413.0M 515.0M 294.0M 155.0M
Effective Tax Rate % i 18.4% 17.3% 18.6% 18.5% 15.9%
Net Income i 2.0B 2.0B 2.2B 1.3B 817.0M
Net Margin % i 26.5% 26.8% 31.0% 21.6% 17.0%
Key Metrics
EBITDA i - - - - -
EPS (Basic) i $1.24 $1.26 $1.47 $0.91 $0.71
EPS (Diluted) i $1.22 $1.24 $1.45 $0.90 $0.69
Basic Shares Outstanding i 1451000000 1446449000 1441000000 1262000000 1017000000
Diluted Shares Outstanding i 1451000000 1446449000 1441000000 1262000000 1017000000

Income Statement Trend

Huntington Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 13.3B 10.3B 6.9B 5.9B 6.7B
Short-term Investments i 3.9B 3.4B 511.0M 374.0M 304.0M
Accounts Receivable i - - - 294.0M 273.0M
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i - - - - -
Non-Current Assets
Property, Plant & Equipment i 909.0M 899.0M 896.0M 852.0M 736.0M
Goodwill i 11.8B 11.8B 11.9B 11.3B 4.4B
Intangible Assets i 677.0M 672.0M 712.0M 611.0M 428.0M
Long-term Investments - - - - -
Other Non-Current Assets - - - - -
Total Non-Current Assets i - - - - -
Total Assets i 204.2B - - - -
Liabilities
Current Liabilities
Accounts Payable i - - - - -
Short-term Debt i 57.0M 2.0M 1.8B 14.0M 112.0M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i - - - - -
Non-Current Liabilities
Long-term Debt i 16.4B 12.4B 9.7B 7.1B 8.4B
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i - - - - -
Total Liabilities i 184.4B - - - -
Equity
Common Stock i 15.0M 15.0M 14.0M 14.0M 10.0M
Retained Earnings i 5.2B 4.3B 3.4B 2.2B 1.9B
Treasury Stock i 86.0M 91.0M 80.0M 79.0M 59.0M
Other Equity - - - - -
Total Shareholders Equity i 19.8B 19.4B 17.8B 19.3B 13.0B
Key Metrics
Total Debt i 16.4B 12.4B 11.5B 7.1B 8.5B
Working Capital i 0 0 0 0 0

Balance Sheet Composition

Huntington Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 2.0B 2.0B 2.2B 1.3B 817.0M
Depreciation & Amortization i 622.0M 798.0M 484.0M 391.0M 367.0M
Stock-Based Compensation i 106.0M 97.0M 105.0M 129.0M 77.0M
Working Capital Changes i -1.0B -256.0M -105.0M 409.0M -357.0M
Operating Cash Flow i 1.6B 2.3B 3.1B 2.1B 809.0M
Investing Activities
Capital Expenditures i 1.6B 1.8B 1.7B 808.0M 585.0M
Acquisitions i 0 0 -223.0M -152.0M 0
Investment Purchases i -16.2B -5.9B -11.4B -24.8B -11.2B
Investment Sales i 13.4B 5.7B 7.7B 17.4B 9.1B
Investing Cash Flow i -1.6B 1.7B -2.2B -7.3B -1.3B
Financing Activities
Share Repurchases i -410.0M -82.0M 0 -1.4B -92.0M
Dividends Paid i -1.0B -1.0B -1.0B -888.0M -698.0M
Debt Issuance i 7.7B 15.0B 11.0B 775.0M 1.4B
Debt Repayment i -3.6B -12.4B -8.0B -3.4B -5.4B
Financing Cash Flow i 1.8B 449.0M 4.1B -5.7B -6.2B
Free Cash Flow i 1.7B 2.5B 3.8B 1.8B 1.2B
Net Change in Cash i 1.9B 4.5B 5.0B -10.9B -6.7B

Cash Flow Trend

Huntington Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 12.51
Forward P/E 12.51
Price to Book 1.29
Price to Sales 3.38
PEG Ratio 0.75

Profitability Ratios

Profit Margin 29.14%
Operating Margin 36.38%
Return on Equity 10.51%
Return on Assets 1.05%

Financial Health

Debt to Equity 0.88
Beta 0.98

Per Share Data

EPS (TTM) $1.34
Book Value per Share $12.98
Revenue per Share $4.98

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
hban 23.8B 12.51 1.29 10.51% 29.14% 0.88
Nu Holdings 74.7B 32.19 7.64 27.88% 39.32% 0.36
U.S. Bancorp 73.5B 11.36 1.36 11.67% 27.00% 1.34
PNC Financial 70.3B 12.56 1.39 11.33% 28.75% 1.12
Deutsche Bank AG 67.2B 12.12 0.85 8.14% 20.55% 6.12
NatWest Group plc 61.4B 9.35 3.33 13.02% 35.31% 3.32

Financial data is updated regularly. All figures are in the company's reporting currency.