Huntington Bancshares Incorporated (HBAN)
Market Cap | 20.08B |
Revenue (ttm) | 6.96B |
Net Income (ttm) | 1.82B |
Shares Out | 1.46B |
EPS (ttm) | 1.24 |
PE Ratio | 11.24 |
Forward PE | 11.28 |
Dividend | $0.62 (4.45%) |
Ex-Dividend Date | Mar 15, 2024 |
Volume | 14,751,660 |
Open | 13.79 |
Previous Close | 13.79 |
Day's Range | 13.78 - 13.97 |
52-Week Range | 9.13 - 13.97 |
Beta | 1.12 |
Analysts | Buy |
Price Target | 14.17 (+1.65%) |
Earnings Date | Apr 18, 2024 |
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, HBAN's revenue was $6.96 billion, a decrease of -0.10% compared to the previous year's $6.97 billion. Earnings were $1.82 billion, a decrease of -14.49%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for HBAN stock is "Buy." The 12-month stock price forecast is $14.17, which is an increase of 1.65% from the latest price.
News
Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I Preferred Stock
COLUMBUS, Ohio, March 28, 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...
The Huntington National Bank Honored by Consumer Bankers Association for Commitment to Workforce Development
Huntington receives Joe Belew Award for Lift Local Business program supporting historically underserved communities COLUMBUS, Ohio , March 28, 2024 /PRNewswire/ -- The Huntington National Bank and its...
Capstone Partners Reports: Middle Market M&A Valuations Soften, Market Participants are Optimistic for a Recovery in 2024
BOSTON , March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets la...
Capstone Partners Reports: Consumer M&A Market Prepares for a Rebound in 2024
BOSTON , March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valua...
Veuu Announces Partnership with Huntington Bancshares Inc. to Enhance Health Care Revenue Systems
Tampa, Florida--(Newsfile Corp. - March 13, 2024) - Veuu, an innovative AI-powered healthcare FinTech founded by Terence Mills, has announced a strategic partnership with Huntington Bancshares Inc. (H...
Capstone Partners Reports: Industrials M&A Demonstrates Defensibility Amid Macroeconomic Headwinds
BOSTON , March 13, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Industrials M&A Report, which shares insights into public market va...
The Huntington National Bank Announces Retirement of Raj Syal, Chief Human Resources Officer; Sarah Pohmer Joins as Successor
COLUMBUS, Ohio , March 13, 2024 /PRNewswire/ -- The Huntington National Bank ("Huntington") today announced that Raj Syal, Chief Human Resources Officer, will retire Oct. 1, 2024, and will be succeede...
Huntington Bancshares to Present at the RBC Capital Markets 2024 Global Financial Institutions Conference
COLUMBUS, Ohio , Feb. 20, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the RBC Capital Markets 2024 Global Financial Institutions Conference on Wednesday,...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Huntington Bancshares Incorporated and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ba...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Huntington Bancshares Incorporated and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ba...
U.S. Bancorp and 15 others fined $81 million for record-keeping failures by SEC
The Securities and Exchange Commission announced charges against 16 financial companies for failing to properly maintain and preserve electronic communications, with the companies agreeing to pay a to...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Huntington Bancshares Incorporated and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ban...
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Huntington Bancshares Incorporated and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ban...
Capstone Partners Strengthens Industry Coverage for 2024 with Additional Agriculture and Industrial Technology Expertise
BOSTON, Feb. 6, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, is pleased to announce the appointment of three seasoned M&A advisory professionals as new Mana...
ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Huntington Bancshares Incorporated and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ban...
IMPORTANT SHAREHOLDER INVESTIGATION: The Schall Law Firm Announces it is Investigating Claims Against Huntington Bancshares Incorporated and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / February 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Ban...
Banks' office-loan exposure remains a ‘mixed bag' as lenders manage through downturn
Banks continue to navigate a bumpy landscape in loans tied to a drop in office-space value and rent prices in many markets as workers stay at home.
Capstone Partners & IMAP Release 2023-2024 Trends in Global M&A Research Survey:
Middle Market M&A Outperforms Broader Market Despite Global Deal Flow Decline BOSTON , Jan. 30, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, in conjunction ...
Not all regional banks are created equal, says Jim Cramer
'Mad Money' host Jim Cramer talks the state of regional banks and investing opportunities in the sector.
Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks
COLUMBUS, Ohio , Jan. 19, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) ...
A Fed pivot gives big banks more confidence in loaning, says Huntington Bancshares CEO
Huntington Bancshares CEO Steve Steinour joins 'Power Lunch' to discuss the impact of Fed rate cuts on big banks and bank earnings.
US banks warn costly deposits to weaken interest income in 2024
Four U.S. banks warned of lower interest income for this year on Friday, capping a week of dour commentary from the industry that has been under pressure from high deposit costs.
Huntington Bancshares Incorporated Reports 2023 Fourth-Quarter Earnings
Q4 Results Highlighted by Sustained Deposit and Loan Growth, Capital Expansion, and Strong Credit Quality 2023 Fourth-Quarter Highlights: Earnings per common share (EPS) for the quarter were $0.15, lo...
Huntington Bancshares Announces Retirement of Paul Heller, Chief Technology & Operations Officer
Amit Dhingra, Kendall Kowalski and Prashant Nateri named to bank's executive leadership team COLUMBUS, Ohio , Jan. 10, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) today anno...
JPMorgan, Bank of America lead earnings parade of U.S. largest banks to cap off tough year
JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. kick off earnings this coming Friday as Wall Street's largest banks wrap up a tough year with their fourth-quarter res...