Huntington Bancshares Incorporated (HBAN)
| Market Cap | 14.93B |
| Revenue (ttm) | 7.25B |
| Net Income (ttm) | 2.27B |
| Shares Out | 1.45B |
| EPS (ttm) | 1.55 |
| PE Ratio | 6.65 |
| Forward PE | 8.05 |
| Dividend | $0.62 (6.01%) |
| Ex-Dividend Date | Sep 15, 2023 |
| Volume | 10,812,309 |
| Open | 10.41 |
| Previous Close | 10.39 |
| Day's Range | 10.25 - 10.42 |
| 52-Week Range | 9.13 - 15.74 |
| Beta | 1.10 |
| Analysts | Buy |
| Price Target | 13.59 (+31.81%) |
| Earnings Date | Oct 20, 2023 |
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 2022, HBAN's revenue was $6.97 billion, an increase of 16.74% compared to the previous year's $5.97 billion. Earnings were $2.13 billion, an increase of 84.30%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for HBAN stock is "Buy." The 12-month stock price forecast is $13.59, which is an increase of 31.81% from the latest price.
News
Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I Preferred Stock
COLUMBUS, Ohio, Sept. 15, 2023 /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...
Capstone Partners Reports: Middle Market M&A Likely Reaches Trough, Near-Term Rebound Expected
BOSTON , Sept. 14, 2023 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its Q2 2023 Capital Market Update, reporting that total middle market (under $500 m...
BANK INVESTMENT AIMS TO IMPROVE REVENUE CYCLE FOR HEALTHCARE INDUSTRY
Huntington Bancshares Incorporated, Veuu to create AI-based solutions to address pain points COLUMBUS, Ohio , Sept. 7, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated has invested in Veuu, a h...
Huntington Bancshares Incorporated to Present at the Barclays Global Financial Services Conference
COLUMBUS, Ohio , Aug. 30, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will present at the 2023 Barclays Global Financial Services Conference on Monday, September 11, 2023. ...
JPMorgan, Goldman and Morgan Stanley win praise in Jefferies Q2 bank earnings wrap
Bank fundamentals were challenged but results were better than worst-case fears as higher interest rates boosted bank loan yields, Jefferies analyst Ken Usdin said Thursday in the firm's summary of se...
Huntington Bank Names Marcy Hingst General Counsel
Jana Litsey to retire as Huntington's General Counsel in December COLUMBUS, Ohio, Aug. 2, 2023 /PRNewswire/ -- The Huntington National Bank ("Huntington") announced today the appointment of Marcy Hing...
HUNTINGTON BANCSHARES INCORPORATED INCREASES ITS PRIME RATE TO 8.5 PERCENT
COLUMBUS, Ohio , July 27, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is increasing from 8.25 percent to 8.5 percent, effective July 27, 2023. ...
Huntington Bank CEO on Q2 bank earnings, loan demand and the state of the consumer
Stephen Steinour, Huntington Bank CEO, joins 'Power Lunch' to discuss the bank's earnings, loan demand and the state of the consumer.
Huntington Bancshares beats Q2 profit estimates on interest income strength
Huntington Bancshares beat Wall Street estimates for second-quarter profit on Friday, as it earned more from rising interest rates and saw strong demand for its commercial loans.
HUNTINGTON BANCSHARES INCORPORATED REPORTS 2023 SECOND-QUARTER EARNINGS
Solid Q2 Results Reflect Continued Momentum Demonstrated by Deposit Growth, Expansion of Capital, and Exceptional Credit Performance 2023 Second-Quarter Highlights: Earnings per common share (EPS) for...
HUNTINGTON BANCSHARES INCORPORATED DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON AND PREFERRED STOCKS
COLUMBUS, Ohio , July 20, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated announced that its Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) ...
THE HUNTINGTON NATIONAL BANK RANKS No. 1 AMONG REGIONAL BANKS IN THE J.D.
Award marks Huntington's fifth consecutive year leading the regional banking mobile app category COLUMBUS, Ohio , June 28, 2023 /PRNewswire/ -- For the fifth consecutive year, The Huntington National ...
Huntington Names Vijay Konduru Chief Marketing Officer
Experienced leader brings strong track record in brand performance and growth, customer experience, and analytics COLUMBUS, Ohio , June 27, 2023 /PRNewswire/ -- The Huntington National Bank ("Huntingt...
HUNTINGTON BANCSHARES INCORPORATED DECLARES CASH DIVIDEND ON ITS SERIES I PREFERRED STOCK
COLUMBUS, Ohio , June 22, 2023 /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 ANNOUNCES SECOND AND THIRD QUARTER 2023 EARNINGS RELEASE DATES
COLUMBUS, Ohio , June 21, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced plans to host conference calls to review quarterly financial results on the following d...
Capstone Partners Reports: Middle Market M&A Persists Amid Volatile Conditions
BOSTON , June 20, 2023 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its Q1 2023 Capital Market Update, reporting that total middle market merger and acq...
Huntington National Bank Commits $3 Million to Brown Venture Group
MINNEAPOLIS , June 13, 2023 /PRNewswire/ -- Brown Venture Group LLC , a venture capital firm formed to fund Black, Latino and Indigenous technology entrepreneurs, announced today that The Huntington N...
Huntington Adds Fund Finance Banking Team to Bolster Its Commercial Banking Offerings
COLUMBUS, Ohio , June 9, 2023 /PRNewswire/ -- The Huntington National Bank ("Huntington") announced today the addition of a fund finance banking team to support its sponsor finance business within the...
Capstone Partners Broadens Service Offerings with Formation of ESOP Group
New service line bolsters the firm's fully integrated suite of solutions with a unique alternative for clients seeking liquidity. BOSTON , June 7, 2023 /PRNewswire/ -- Capstone Partners, a leading mid...
Rising From The Ashes: 5 Undervalued Regional Bank Stocks Poised Growth As Industry Rebounds
Regional bank stocks are gradually emerging from the crisis that struck the industry in March 2023.
HUNTINGTON BANCSHARES TO PRESENT AT THE 2023 MORGAN STANLEY US FINANCIALS, PAYMENTS, & CRE CONFERENCE
COLUMBUS, Ohio , May 31, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the 2023 Morgan Stanley US Financials, Payments, & CRE Conference on Monday, June 12...
HUNTINGTON BANCSHARES INCORPORATED NAMES RAFAEL ANDRES DIAZ-GRANADOS AND JOHN C. ("CHRIS") INGLIS TO BOARD OF DIRECTORS
Diaz-Granados brings substantial experience in executive leadership, corporate strategy, and private equity. Inglis brings deep background in technology and cybersecurity to Huntington's Board COLUMBU...
Profit risks for 10 large regional banks: How a reversal of pandemic deposit trends could cut earnings
The worst may be over for U.S. banks, with liquidity fears that led to the recent failures of three regional institutions subsiding, but banks also face a longer-term challenge — a reversal of the flo...
Elon Musk has it all wrong – here's why the bank sector won't blow up and 5 stocks worth considering
Elon Musk should stick to electric cars. Instead, Musk is on the interview circuit and Twitter predicting the demise of the banking sector.
HUNTINGTON BANCSHARES TO PRESENT AT THE BARCLAYS AMERICAS SELECT FRANCHISE CONFERENCE
COLUMBUS, Ohio , May 5, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the Barclays Americas Select Franchise Conference on Tuesday, May 9, 2023. Zach Wass...