Huntington Bancshares Incorporated (HBAN)

NASDAQ: HBAN · IEX Real-Time Price · USD
10.31
-0.08 (-0.77%)
At close: Sep 22, 2023, 4:00 PM
10.49
+0.18 (1.75%)
After-hours: Sep 22, 2023, 7:34 PM EDT
-0.77%
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]

Sector Financials
Founded 1866
Employees 19,920
Stock Exchange NASDAQ
Ticker Symbol HBAN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$13.59
(31.81% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

8 days ago - PRNewsWire

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...

9 days ago - PRNewsWire

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...

16 days ago - PRNewsWire

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.  ...

24 days ago - PRNewsWire

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...

Other symbols: BACBKCCFGCMAFHNFITB
7 weeks ago - Market Watch

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...

7 weeks ago - PRNewsWire

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. ...

2 months ago - PRNewsWire

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.

2 months ago - CNBC Television

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.

2 months ago - Reuters

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...

2 months ago - PRNewsWire

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) ...

2 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

Other symbols: COLBEWBCWALZION
3 months ago - Benzinga

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

Other symbols: CFGFITBKEYMTBPNCRFTFC
4 months ago - Market Watch

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.

Other symbols: BACCFITBSCHW
4 months ago - Market Watch

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...

5 months ago - PRNewsWire