Huntington Bancshares Incorporated (HBAN)

NASDAQ: HBAN · IEX Real-Time Price · USD
13.94
+0.15 (1.09%)
At close: Mar 28, 2024, 4:00 PM
13.95
+0.01 (0.07%)
After-hours: Mar 28, 2024, 7:51 PM EDT
1.09%
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]

Sector Financials
Founded 1866
Employees 19,995
Stock Exchange NASDAQ
Ticker Symbol HBAN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$14.17
(1.65% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

13 hours ago - PRNewsWire

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...

15 hours ago - PRNewsWire

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...

7 days ago - PRNewsWire

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...

8 days ago - PRNewsWire

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...

15 days ago - Newsfile Corp

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...

15 days ago - PRNewsWire

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...

15 days ago - PRNewsWire

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,...

5 weeks ago - PRNewsWire

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...

6 weeks ago - Accesswire

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...

6 weeks ago - Accesswire

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...

Other symbols: USBKEYLNC
6 weeks ago - Market Watch

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...

7 weeks ago - Accesswire

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...

7 weeks ago - Accesswire

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - Accesswire

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...

7 weeks ago - Accesswire

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.

Other symbols: CFGNYCB
2 months ago - Market Watch

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 ...

2 months ago - PRNewsWire

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.

Other symbols: CFGCMAFHNKREMTBPNCTCBI
2 months ago - CNBC Television

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) ...

2 months ago - PRNewsWire

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.

2 months ago - CNBC Television

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.

Other symbols: CMAFITBRFSTT
2 months ago - Reuters

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: BACCGSJPMMSWFC
2 months ago - Market Watch