Huntington Bancshares Incorporated (HBAN)
| Market Cap | 23.52B |
| Revenue (ttm) | 6.69B |
| Net Income (ttm) | 1.52B |
| Shares Out | 1.45B |
| EPS (ttm) | 1.03 |
| PE Ratio | 15.89 |
| Forward PE | 12.60 |
| Dividend | $0.62 (3.79%) |
| Ex-Dividend Date | Dec 18, 2024 |
| Volume | 1,641,158 |
| Open | 16.26 |
| Previous Close | 16.38 |
| Day's Range | 16.11 - 16.27 |
| 52-Week Range | 12.02 - 18.45 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 17.36 (+7.23%) |
| Earnings Date | Jan 17, 2025 |
About HBAN
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-hour grace, asterisk-free checking, money scout, $50 safety zone, standby cash, ... [Read more]
Financial Performance
In 2023, Huntington Bancshares's revenue was $6.95 billion, a decrease of -0.16% compared to the previous year's $6.96 billion. Earnings were $1.82 billion, a decrease of -14.49%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for HBAN stock is "Buy." The 12-month stock price forecast is $17.36, which is an increase of 7.23% from the latest price.
News
Huntington Bancshares Incorporated Decreases Its Prime Rate To 7.5 Percent
COLUMBUS, Ohio , Dec. 18, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.75 percent to 7.5 percent, effective December 19, 20...
Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I Preferred Stock
COLUMBUS, Ohio , Dec. 10, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I...
Huntington Bancshares Incorporated to Present at the Goldman Sachs US Financial Services Conference
COLUMBUS, Ohio , Dec. 6, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the Goldman Sachs 2024 US Financial Services Conference on Wednesday, December 11, 2...
Capstone Partners Announces Newly Formed Buy-Side M&A Advisory Group
Additional, specialized Sponsor Coverage professionals introduce dedicated Buy-Side M&A advisory to Capstone's fully integrated suite of services. BOSTON , Dec. 3, 2024 /PRNewswire/ -- Capstone Partne...
Capstone Partners Releases 2024 Middle Market Business Owners Research Survey: CEOs Focus on Performance Improvement, Turn to Capital Market Growth in High Interest Rate Environment
BOSTON , Nov. 25, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2024 Middle Market Business Owners Survey Report, with insights from privately-o...
4 Regional Bank Stocks Set to Rise Under Trump
Citizens Financial, Ally Financial, Capital One, Huntington Bancshares, and M&T Bancorp are cheap bank stocks that look like buys, says Citi.
Huntington Bancshares Incorporated Decreases Its Prime Rate To 7.75 Percent
COLUMBUS, Ohio , Nov. 7, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 8 percent to 7.75 percent, effective November 8, 2024. ...
Top 3 Industrials Stocks That Could Blast Off In Q4
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Huntington's Solid Loan Growth Is Attractive Even With Narrower Margins
Huntington Bancshares has shown strong performance, with a 62% gain over the past year, due to its impressive deposit franchise and solid credit underwriting. Despite some pressure on net interest mar...
Huntington Bancshares Incorporated to Present at the BancAnalysts Association of Boston Conference
COLUMBUS, Ohio , Oct. 24, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the 2024 BancAnalysts Association of Boston Conference on Thursday, November 7, 202...
Huntington Bank Selects Entrust to Enable Digital Wallet Capabilities
MINNEAPOLIS--(BUSINESS WIRE)--Entrust, a global leader in delivering identity-centric security solutions, today announced that The Huntington National Bank has selected the Entrust Digital Card Soluti...
Huntington Bancshares beats profit estimates on capital markets strength
Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger deposit costs.
Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks
COLUMBUS, Ohio , Oct. 17, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) ...
Huntington Bancshares Incorporated (HBAN) Q3 2024 Earnings Call Transcript
Huntington Bancshares Incorporated (NASDAQ:HBAN) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Tim Sedabres - Director, Investor Relations Steve Steinour - Chairma...
Regional Banks Report Credit Quality Remained Strong in Q3
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Hun...
HUNTINGTON BANCSHARES INCORPORATED REPORTS 2024 THIRD-QUARTER EARNINGS
Q3 Results Highlighted by Sequential Expansion of Net Interest Income and Fee Revenues, Sustained Loan and Deposit Growth, and Strong Credit Quality 2024 Third-Quarter Highlights: Earnings per common...
Why Huntington Bancshares Has Tremendous Total Return Potential
Huntington Bancshares has rallied 52% over the past year, recovering from the regional bank crisis, with potential upside remaining. HBAN's fundamentals are strong, with sequential and year-over-year ...
Huntington Bancshares Incorporated Announces Third Quarter 2024 Earnings Call Details & Updated Schedule of 2025 Earnings Release Dates
COLUMBUS, Ohio , Oct. 10, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will release third quarter 2024 financial results prior to the market opening on Thursday, October 17, ...
Capstone Partners Sees Niche Construction Safety Management Services Gaining Traction in M&A Markets
Safe T Professionals' recent investment by a strategic partner marks Capstone's second transaction in the safety sub-sector within the past twelve months; strategic acquirers leading interest BOSTON ,...
Huntington Bancshares Incorporated Decreases Its Prime Rate To 8 Percent
COLUMBUS, Ohio , Sept. 18, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 8.5 percent to 8 percent, effective September 19, 202...
Moody's lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody's on healthier balance...
Huntington Bank Names Timothy Miller Chief Communications Officer
Experienced leader brings strong track record helping organizations navigate periods of growth and transformation COLUMBUS, Ohio , Sept. 12, 2024 /PRNewswire/ -- The Huntington National Bank ("Hunting...
Huntington Bank Gets Naming Rights To the Cleveland Browns' Stadium
Huntington Bank (HBAN) has acquired the naming rights to the stadium where the Cleveland Browns are set to kick off their NFL season against the Dallas Cowboys on Sunday.
Capstone Partners Appoints Ken Wasik as Co-Head of Investment Banking to Support Ongoing Strategic Growth
BOSTON , Aug. 26, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, has announced a significant appointment within its management team. Ken Wasik , Managing Dir...
Bert's July Dividend Income Summary (2024)
In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.