Huntington Bancshares Incorporated (HBAN)

NASDAQ
Currency in USD
17.20
+0.30(+1.78%)
Closed
After Hours
17.10-0.10(-0.58%)
HBAN Scorecard
Full Analysis
9 analysts have revised their earnings upwards for the upcoming period
Fair Value
Day's Range
16.8417.40
52 wk Range
12.0518.44
Key Statistics
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Prev. Close
16.9
Open
16.87
Day's Range
16.84-17.4
52 wk Range
12.05-18.44
Volume
20.48M
Average Volume (3m)
15.18M
1-Year Change
32.92%
Book Value / Share
12.22
Fair Value
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Fair Value Upside
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HBAN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
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Price Target
18.70
Upside
+8.69%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins
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Huntington Bancshares Incorporated Company Profile

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, early pay, instant access, savings goal getter, and Huntington heads up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.

Sector
Financial
Employees
19896

Huntington Bancshares Incorporated SWOT Analysis


Strategic Expansion
Huntington's foray into the Carolinas outperforms expectations, signaling potential for market share growth and geographic diversification
Revenue Synergies
Internalization of merchant acquiring services poised to enhance profitability, improve customer relationships, and diversify income streams
Financial Resilience
Despite revised NII outlook, Huntington projects record net interest income for 2025, showcasing adaptability in challenging market conditions
Analyst Perspectives
Price targets range from $15 to $20, with an average of $16.20, reflecting varied opinions on Huntington's growth potential and market position
Read full SWOT analysis

Huntington Bancshares Incorporated Earnings Call Summary for Q3/2024

  • Q3 2024 EPS at $0.33, ROTCE at 16.2%; loan growth 3.1% YoY, deposits up 5.6%
  • Projecting record net interest income by 2025; Q4 2024 loan and deposit growth forecast at 4-5% YoY
  • Core fee revenues grew 12% YoY; full branch expansion into Carolinas; enhanced merchant acquiring capabilities
  • Slight NIM decline to 2.98%; expecting sequential decline in net interest income for Q4 2025
  • Management confident in sustaining strong loan growth into 2024; Investor Day scheduled for February 6, 2024
Last Updated: 18/10/2024, 08:48 pm
Read Full Transcript

Compare HBAN to Peers and Sector

Metrics to compare
HBAN
Peers
Sector
Relationship
P/E Ratio
13.9x12.6x8.9x
PEG Ratio
−8.61−0.470.03
Price/Book
1.4x1.0x1.0x
Price / LTM Sales
3.6x2.7x2.8x
Upside (Analyst Target)
10.5%23.7%13.5%
Fair Value Upside
Unlock−7.3%3.0%Unlock

Analyst Ratings

11 Buy
8 Hold
2 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 18.70
(+8.69% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.24
Dividend Yield
3.60%
Industry Median 4.43%
Annualised payout
0.6200
Paid quarterly
5-Years Growth
+1.34%
Growth Streak

Earnings

Latest Release
Jan 17, 2025
EPS / Forecast
0.34 / 0.31
Revenue / Forecast
1.97B / 1.88B
EPS Revisions
Last 90 days

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FAQ

What Is the Huntington Bancshares (HBAN) Stock Price Today?

The Huntington Bancshares stock price today is 17.20

What Stock Exchange Does Huntington Bancshares Trade On?

Huntington Bancshares is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Huntington Bancshares?

The stock symbol for Huntington Bancshares is "HBAN."

Does Huntington Bancshares Pay Dividends? What’s The Current Dividend Yield?

The Huntington Bancshares dividend yield is 3.60%.

What Is the Huntington Bancshares Market Cap?

As of today, Huntington Bancshares market cap is 25.00B.

What is Huntington Bancshares Earnings Per Share?

The Huntington Bancshares EPS is 1.24.

What Is the Next Huntington Bancshares Earnings Date?

Huntington Bancshares will release its next earnings report on 16 Apr 2025.

From a Technical Analysis Perspective, Is HBAN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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