Huntington Bancshares Incorporated (HBAN)

NASDAQ: HBAN · IEX Real-Time Price · USD
13.53
-0.23 (-1.67%)
Apr 25, 2024, 2:05 PM EDT - Market open
-1.67%
Market Cap 19.70B
Revenue (ttm) 6.96B
Net Income (ttm) 1.82B
Shares Out 1.46B
EPS (ttm) 1.24
PE Ratio 10.93
Forward PE 11.04
Dividend $0.62 (4.58%)
Ex-Dividend Date Jun 17, 2024
Volume 9,154,763
Open 13.69
Previous Close 13.76
Day's Range 13.47 - 13.78
52-Week Range 9.13 - 14.07
Beta 1.12
Analysts Buy
Price Target 15.09 (+11.53%)
Earnings Date Apr 19, 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 17 analysts, the average rating for HBAN stock is "Buy." The 12-month stock price forecast is $15.09, which is an increase of 11.53% from the latest price.

Price Target
$15.09
(11.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Banks are well positioned for CRE concerns, says Baird's David George

David George, Baird bank analyst, joins 'Closing Bell' to discuss the banking sector and which banks he's looking at as winners in the sector.

Other symbols: CFGCMAKBEKEYKREMTBPNC
5 days ago - CNBC Television

Huntington Bank (HBAN) CFO on What Higher Rates Mean for Regional Banks

Huntington Bank (HBAN) CFO Zach Wasserman joins Diane King Hall to discuss the company's 1Q earnings. Its adjusted EPS came in at $0.28 versus an estimated $0.25 and revenue came in at $1.75B versus $...

5 days ago - Schwab Network

Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks

COLUMBUS, Ohio , April 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)...

5 days ago - PRNewsWire

Huntington Bancshares Incorporated Reports 2024 First-Quarter Earnings

Q1 Results Highlighted by Sustained Deposit and Loan Growth and Strong Credit Quality 2024  First-Quarter Highlights: Earnings per common share (EPS) for the quarter were $0.26, higher by $0.11 from t...

6 days ago - PRNewsWire

Huntington Bancshares upgraded to buy with analyst seeing ‘multiple pockets of potential loan growth'

Jefferies analyst Ken Usdin on Monday upgraded Huntington Bancshares to buy from hold due to its attractive price-to-earnings ratio compared with its peers, as well the large regional bank's potential...

17 days ago - Market Watch

Huntington Bancshares Incorporated Announces Earnings Release Dates for 2024 - 2026

COLUMBUS, Ohio , April 4, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced plans to host conference calls to review quarterly financial results on the following d...

21 days ago - PRNewsWire

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...

27 days 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...

27 days 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...

5 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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,...

2 months 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...

2 months 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...

2 months 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
2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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
3 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 ...

3 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
3 months ago - CNBC Television