Huntington Bancshares Incorporated (HBAN)
| Market Cap | 19.01B |
| Revenue (ttm) | 6.77B |
| Net Income (ttm) | 1.65B |
| Shares Out | 1.44B |
| EPS (ttm) | 1.14 |
| PE Ratio | 11.56 |
| Forward PE | 8.90 |
| Dividend | $0.62 (4.70%) |
| Ex-Dividend Date | Sep 16, 2022 |
| Volume | 14,642,608 |
| Open | 13.17 |
| Previous Close | 13.17 |
| Day's Range | 13.10 - 13.47 |
| 52-Week Range | 11.67 - 17.79 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 15.21 (+15.4%) |
| Earnings Date | Oct 21, 2022 |
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 operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit,... [Read more...]
Financial Performance
In 2021, HBAN's revenue was $5.97 billion, an increase of 58.38% compared to the previous year's $3.77 billion. Earnings were $1.30 billion, an increase of 58.51%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for HBAN stock is "Buy." The 12-month stock price forecast is 15.21, which is an increase of 15.40% from the latest price.
News
What's in Store for Banks as Fed Signals More Rate Hikes, Slowdown?
The current situation is like a double-edged sword for banks, including JPMorgan (JPM), Bank of America (BAC), Huntington (HBAN), BOK Financial (BOKF) & Zions (ZION), as the Fed signals more rate hikes ...
HUNTINGTON BANCSHARES INCORPORATED INCREASES ITS PRIME RATE TO 6.25 PERCENT
COLUMBUS, Ohio , Sept. 22, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is increasing from 5.5 percent to 6.25 percent, effective September 22, 2022.
Huntington Bank Celebrates Opening of Commercial Bank Headquarters in New Huntington Tower in Downtown Detroit
Detroit's Huntington Tower is the newest office building development in downtown Detroit in over 30 years. Huntington colleagues will converge on the city for work, dining, and experiences at local busi...
Banks raise less money from debt and equity deals in August
Capital markets issuance by U.S. banks fell to $4.65 billion in August, down nearly 28% from year-ago levels and a drop of 64% from July, S&P Global Market Intelligence said Tuesday. Senior debt remaine...
Why Huntington Bancshares (HBAN) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Huntington Bancshares (HBAN) have what it takes?
HUNTINGTON BANCSHARES INCORPORATED DECLARES CASH DIVIDEND ON ITS SERIES I PREFERRED STOCK
COLUMBUS, Ohio , Sept. 19, 2022 /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 ...
Clēnera, an Enlight Company, Closes on Financing for Montana Utility-Scale Solar Project
Bank of America and NORD/LB will provide the construction financing, and Huntington National Bank will provide the tax equity financing for the 105 MWdc solar project BOISE, Idaho, Sept. 15, 2022 /PRNew...
HUNTINGTON BANCSHARES TO SPEAK AT THE BARCLAYS GLOBAL FINANCIAL SERVICES CONFERENCE
COLUMBUS, Ohio , Sept. 7, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced today that Chief Financial Officer Zach Wasserman will present at the Barclays Global Financial...
Huntington Bancshares (HBAN) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Huntington Bancshares (HBAN) have what it takes?
Huntington Bancshares Incorporated Releases 2021 ESG Report
Updates Stakeholders on Commitments to Economic Inclusion, Community Development, Human Capital, and Sustainability COLUMBUS, Ohio , Aug. 31, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nas...
HUNTINGTON BANCSHARES TO HOST INVESTOR DAY ON NOVEMBER 10, 2022
COLUMBUS, Ohio , Aug. 25, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will host an Investor Day in New York City on Thursday, November 10, 2022, with presentations by Steve St...
HUNTINGTON BANCSHARES INCORPORATED TO ANNOUNCE 2022 THIRD QUARTER EARNINGS AND HOLD EARNINGS CONFERENCE CALL OCTOBER ...
COLUMBUS, Ohio , Aug. 23, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) expects to report its 2022 third quarter earnings on Friday, October 21, 2022, prior to the market openin...
This is Why Huntington Bancshares (HBAN) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Huntington Bancshares (HBAN) have what it takes?
Why Huntington Bancshares (HBAN) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Huntington Bancshares (HBAN) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Huntington Bancshares (HBAN) have what it takes?
Capstone Partners Announces Industry and Practice Group Heads
BOSTON , July 28, 2022 /PRNewswire/ -- Capstone Partners ("Capstone" or "the firm"), a leading middle market investment banking firm, is pleased to announce the appointment of several leadership positio...
HUNTINGTON BANCSHARES INCORPORATED INCREASES ITS PRIME RATE TO 5.5 PERCENT
COLUMBUS, Ohio , July 28, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is increasing from 4.75 percent to 5.5 percent, effective July 28, 2022. Th...
HUNTINGTON BANCSHARES INCORPORATED DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON AND PREFERRED STOCKS
COLUMBUS, Ohio , July 21, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of...
Loan demand outlook is bullish for the rest of the year, says Huntington Bancshares CEO
Steve Steinour, Huntington Bancshares CEO, joins 'Power Lunch' to discuss the company's quarterly earnings results, how low mortgage application data affect the bank's business and the corporate loan ma...
Huntington (HBAN) Q2 Earnings Beat on Revenue Growth, Loans Up
Net interest income growth and lower expenses drive Huntington's (HBAN) Q2 earnings. Improved credit metrics are encouraging.
Huntington Bancshares (HBAN) Q2 Earnings and Revenues Beat Estimates
Huntington Bancshares (HBAN) delivered earnings and revenue surprises of 5.88% and 3.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
HUNTINGTON BANCSHARES INCORPORATED REPORTS 2022 SECOND-QUARTER EARNINGS
Delivers Record Net Income and Achievement of Medium-Term Financial Targets Net Interest Income Increased 10% Sequentially and Continued Expense Reductions Drive Record PPNR 2022 Second-Quarter Highligh...
What's in the Cards for Huntington (HBAN) in Q2 Earnings?
Despite an improvement in the lending scenario and a rise in fee income and NII, high expenses are expected to have acted as spoilsports for Huntington's (HBAN) Q2 earnings.
Earnings Preview: Huntington Bancshares (HBAN) Q2 Earnings Expected to Decline
Huntington Bancshares (HBAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.