Revenue segments as reported by the company.

Interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Interest expense

Noninterest expense 

Provision for credit losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Huntington Bancshares

Huntington Bancshares, Inc. operates as a bank holding company. It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, other financial products and services. The firm operates through the following segments: Consumer & Business Banking, Commercial Banking, Commercial Real Estate & Vehicle Finance, Regional Banking & The Huntington Private Client Group, and Home Lending. The Consumer & Business Banking segment provides financial products and services to consumer and small business customers including but not limited to checking accounts, savings accounts, money market accounts, certificates of deposit, investments, consumer loans, credit cards and small business loans. The Commercial Banking segment provides products and services to the middle market, large corporate, and government public sector customers located primarily within its geographic footprint. The segment is divided into following business units: Middle Market, Large Corporate, Specialty Banking, Asset Finance, Capital Markets, Treasury Management, and Insurance. The Commercial Real Estate & Vehicle Finance segment provides products and services include providing financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers with real estate project financing needs, and financing for the purchase of automobiles, light-duty trucks, recreational vehicles and marine craft at franchised dealerships, financing the acquisition of new and used vehicle inventory of franchised automotive dealerships. The Regional Banking and The Huntington Private Client Group segment consists of private banking, wealth & investment management, and retirement plan services. The Home Lending segment originates and services consumer loans and mortgages for customers who are located in primary banking markets. The company was founded in 1866 and is headquartered in Columbus, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Huntington Bancshares reports record earnings and strategic growth plans

Huntington Bancshares delivered a strong performance in Q4 2022, driven by record earnings, robust capital metrics, and a focus on operational efficiency.
While facing challenges such as managing NIM and controlling net charge-offs, the company remains confident in its credit quality and long-term growth prospects.
Opportunities for revenue growth in capital markets, continued success of Capstone, and strategic expense management strategies position Huntington for sustained performance.
Overall, Huntington Bancshares' focus on financial strength, credit quality, and operational efficiency sets a solid foundation for future growth and profitability.

Huntington Bancshares reports robust Q1 performance amidst economic uncertainties

Huntington Bancshares delivered strong financial performance in Q1 2023, driven by loan and deposit growth despite challenges like potential recession concerns.
The company's focus on expense management and strategic investments positions it well for future growth opportunities and maintaining shareholder value.
With a proactive approach to risk management and optimizing loan categories, Huntington is poised to navigate market uncertainties and capitalize on emerging opportunities.
Strengthening capital position and liquidity management reflect the company's commitment to resilience and long-term value creation.

Huntington Bancshares reports solid Q2 performance amidst rising challenges

Huntington Bancshares (HBAN) delivered strong financial performance in Q2, focusing on deposit growth, credit quality, and expense management. While facing challenges from rising deposit costs and NIM pressure, the company remains resilient through strategic investments and efficient operations. Opportunities exist in aligning loan growth with deposits and adapting to regulatory changes for sustained growth.

Huntington Bancshares reports solid Q3 performance amidst growth opportunities

Huntington Bancshares showcased strong financial performance, proactive expense management, and a focus on core growth strategies in Q3 2023.
While facing challenges such as expense growth and economic uncertainties, the company remains optimistic about opportunities for growth and financial resilience.
With a commitment to financial strength, efficiency, and strategic investments, Huntington Bancshares aims to drive consistent strong performance and create value for shareholders.

Huntington Bancshares posts strong Q4 results, eyes growth opportunities

Huntington Bancshares (HBAN) reported solid Q4 2023 results with growth in key financial metrics. The company is focused on managing credit rigorously, driving efficiency, and pursuing growth opportunities in core banking and new markets. Despite challenges in net interest income and expenses, Huntington is well-positioned for future success.

Huntington Bancshares reports solid Q2 earnings and eyes continued growth

Huntington Bancshares (HBAN) showcased strong financial performance in Q2 2024, driven by earnings growth, robust credit quality, and strategic revenue diversification.
The company's focus on organic growth, expense management, and credit performance positions it for sustained profitability and resilience in the market.
While challenges like managing deposit beta and balancing expenses persist, Huntington Bancshares remains optimistic about its growth trajectory and profitability outlook.

Huntington Bancshares excels in Q3 2024, eyes Carolinas expansion

Huntington Bancshares (HBAN) reported a strong quarter with notable loan and deposit growth, fee income expansion, and solid credit quality, underlining its financial resilience.
The company's disciplined expense management, strategic investments, and capital optimization efforts position it well for sustained growth and value creation.
While challenges exist in maintaining growth momentum and managing risks, Huntington Bancshares is leveraging opportunities in new markets and revenue streams to drive future success.

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Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

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Net PPE

Intangibles

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Minority interest

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Book value per share

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Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Huntington Bancshares, Inc. is a bank holding company, which engages in the provision of full-service commercial and consumer deposit, lending, and other banking services. It operates through the following segments: Consumer and Regional Banking, Commercial Banking, and Treasury and Other. The Consumer and Regional Banking segment provides a wide array of 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. The Commercial Banking segment is involved in expertise through bankers, capabilities, and digital channels, and includes a comprehensive set of product offerings. The Treasury and Other segment focuses on technology and operations, other unallocated assets, liabilities, revenue, and expense. The company was founded in 1866 and is headquartered in Columbus, OH.

Bank of America

Banks in the US have been incorrectly reporting their uninsured deposits after dozens of lenders restated figures, according to a government body. The Federal Deposit Insurance Corporation (FDIC), citing data compiled by S&P Global Market Intelligence, said some 55 banks have revised their deposit data in the last few months amid increased scrutiny.

US banks warned over uninsured depositing errors

Increases in NII and non-interest income aid Huntington's (HBAN) Q2 revenue growth. However, higher expenses are concerns.

Huntington's (HBAN) Q2 Earnings Beat Estimates, Costs Rise

Comerica

Regions Financial

Markets were slightly higher Friday afternoon. Regional bank stocks Regions Financial, Huntington Bancshares, and Comerica were all lower after reporting their results.

Investors Still Seem Scared to Death of These Stocks

Huntington Bancshares, Inc. (NASDAQ:HBAN ) Q2 2023 Earnings Conference Call July 21, 2023 9:00 AM ET Company Participants Tim Sedabres - Vice President & Head of Investor Relations Steve Steinour - Chairman, President & Chief Executive Officer Zach Wasserman - Senior Executive Vice President & Chief Financial Officer Rich Pohle - Executive Vice President & Chief Credit Officer Conference Call Participants Manan Gosalia - Morgan Stanley Matt O'Connor - Deutsche Bank Steven Alexopoulos - JPMorgan Ebrahim Poonawala - Bank of America Scott Siefers - Piper Sandler Erika Najarian - UBS Ken Usdin - Jefferies Jon Arfstrom - RBC Capital Markets Operator Greetings and welcome to the Huntington Bancshares Second Quarter 2023 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Huntington Bancshares, Inc. (HBAN) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Huntington Bancshares (HBAN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Huntington Bancshares (HBAN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Huntington Bancshares (NASDAQ:HBAN) has reported second-quarter revenue that was in line with market expectations but earnings that surprised to the upside as it benefitted from rising interest rates and demand for commercial loans.   The Columbus Ohio-based bank holding company grew net interest income (NII) by 7.1% to $1.35 billion over the three months to June 30, 2023, while non-interest income rose 2.1% year-over-year to $495 million.

Huntington Bancshares reports 2Q earnings beat on higher interest rates

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 beats Q2 profit estimates on interest income strength

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 the quarter were $0.35, a decrease of $0.04 from the prior quarter, and flat from the year-ago quarter.  Net interest income decreased $63 million, or 4%, from the prior quarter, and increased $85 million, or 7%, from the year-ago quarter.

HUNTINGTON BANCSHARES INCORPORATED REPORTS 2023 SECOND-QUARTER EARNINGS

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) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable on October 2, 2023, to shareholders of record on September 18, 2023.

HUNTINGTON BANCSHARES INCORPORATED DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON AND PREFERRED STOCKS

Capital One

Huntington and Capital One are cheap compared to their peers based on P/E and P/B ratios, indicating undervaluation. Both banks have strong capital ratios, book values, and dividends, offering value and protection to investors. Huntington and Capital One have attractive dividends, but for different reasons.

Capital One And Huntington Bank: Buffett And Burry's Bank Recovery Bets Compared

Huntington (HBAN) is expected to have recorded a decline in interest income in the second quarter of 2023 due to softer loan demand. Also, rising expenses and reserves are concerns.

What's in the Cards for Huntington (HBAN) in Q2 Earnings?

Huntington Bancshares (HBAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Huntington Bancshares (HBAN) Q2 Earnings Expected to Decline

Cisco Systems

PayPal

Nasdaq stocks are back in fashion, with the Nasdaq-100 off to one its strongest first halves of a year on record. This might leave investors feeling that they have missed out.

The 3 Most Undervalued Nasdaq Stocks to Buy Now: June 2023

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Morgan Stanley

M&T Bank

Charles Schwab

Western Alliance Bancorporation

Wells Fargo

Zions Bancorp

Bank stocks rose early Thursday after the Federal Reserve announced its 2023 stress test results Wednesday for a hypothetical "severe" recession.

JPMorgan, Wells Fargo Lead, Bank Stocks Climb, After Federal Reserve Stress Test

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 Bank has ranked highest in banking mobile app satisfaction among regional banks in the J.D. Power 2023 U.S. Banking Mobile App Satisfaction Study.

THE HUNTINGTON NATIONAL BANK RANKS No. 1 AMONG REGIONAL BANKS IN THE J.D.

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 ("Huntington") has welcomed Vijay Konduru as executive vice president, chief marketing officer (CMO).  In this role, Konduru will lead Huntington's marketing organization, overseeing the bank's marketing strategy and long-term vision.

Huntington Names Vijay Konduru Chief Marketing Officer

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 Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable September 1, 2023, to shareholders of record on August 15, 2023. About Huntington Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $189 billion asset regional bank holding company headquartered in Columbus, Ohio.

HUNTINGTON BANCSHARES INCORPORATED DECLARES CASH DIVIDEND ON ITS SERIES I PREFERRED STOCK

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 dates and times: Second quarter 2023 – Friday, July 21, 2023, at 9 a.m. ET Third quarter 2023 – Friday, October 20, 2023, at 9 a.m.

HUNTINGTON BANCSHARES INCORPORATED ANNOUNCES SECOND AND THIRD QUARTER 2023 EARNINGS RELEASE DATES

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 acquisition (M&A) volume declined 14.3% year-over-year (YOY) in Q1 2023 as macroeconomic headwinds caused a slowdown in dealmaking. However, middle market deal volume continued to outperform the broader M&A market, as total M&A volume declined 25.2% YOY in Q1.

Capstone Partners Reports: Middle Market M&A Persists Amid Volatile Conditions

Huntington Bancshares is an undervalued regional bank with a solid 5.7% dividend yield, making it an attractive option for income-oriented investors. The bank has a strong liquidity position and managed to grow its deposits in Q1, while many other regional banks posted deposit losses. Investors can buy Huntington Bancshares at a 21% discount to the 1-year average price-to-book ratio and enjoy a 5.7% dividend yield while waiting for the valuation to reset to the upside.

Huntington Bancshares: Deep Value Gem

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 National Bank (Huntington) made a $3 million commitment to its inaugural fund. Brown Venture Group, which is a majority Black-led organization, was founded in 2018 with the goal of raising $50 million to invest in entrepreneurs of color who in the past have not had access to venture capital and have experienced economic barriers to contribution.

Huntington National Bank Commits $3 Million to Brown Venture Group

Huntington's (HBAN) fund finance banking team will expand its subscription finance business and offer greater fee opportunities across Middle Market, Corporate and Capstone.

Huntington (HBAN) Launches a Fund Finance Banking Team

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 Commercial Bank. The 10-person team will significantly boost Huntington's capabilities by providing strategically important financing directly at the fund level and expanding coverage across the sponsor ecosystem.

Huntington Adds Fund Finance Banking Team to Bolster Its Commercial Banking Offerings

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 middle market investment banking firm, has launched the formation of an Employee Stock Ownership (ESOP) Advisory Group ("the Group"), amplifying its full-scope suite of solutions offered to clients.

Capstone Partners Broadens Service Offerings with Formation of ESOP Group

Columbia Banking System

East West Bancorp

Regional bank stocks are gradually emerging from the crisis that struck the industry in March 2023.

News for Huntington Bancshares Stock (HBAN)