Huntington Bancshares Past Earnings Performance
Past criteria checks 4/6
Huntington Bancshares has been growing earnings at an average annual rate of 13.4%, while the Banks industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 14.2% per year. Huntington Bancshares's return on equity is 12.8%, and it has net margins of 30.7%.
Key information
13.4%
Earnings growth rate
4.0%
EPS growth rate
| Banks Industry Growth | 10.4% |
| Revenue growth rate | 14.2% |
| Return on equity | 12.8% |
| Net Margin | 30.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Huntington Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 7,224 | 2,219 | 3,703 | 0 |
| 30 Jun 23 | 7,240 | 2,274 | 3,673 | 0 |
| 31 Mar 23 | 7,170 | 2,266 | 3,636 | 0 |
| 31 Dec 22 | 6,956 | 2,125 | 3,649 | 0 |
| 30 Sep 22 | 6,800 | 1,885 | 3,709 | 0 |
| 30 Jun 22 | 6,760 | 1,653 | 3,746 | 0 |
| 31 Mar 22 | 6,159 | 1,084 | 3,575 | 0 |
| 31 Dec 21 | 5,958 | 1,153 | 3,313 | 0 |
| 30 Sep 21 | 5,379 | 1,057 | 3,035 | 0 |
| 30 Jun 21 | 4,694 | 999 | 2,730 | 0 |
| 31 Mar 21 | 4,475 | 1,188 | 2,609 | 0 |
| 31 Dec 20 | 3,763 | 717 | 2,508 | 0 |
| 30 Sep 20 | 3,705 | 734 | 2,470 | 0 |
| 30 Jun 20 | 3,739 | 813 | 2,411 | 0 |
| 31 Mar 20 | 4,011 | 1,028 | 2,418 | 0 |
| 31 Dec 19 | 4,376 | 1,337 | 2,417 | 0 |
| 30 Sep 19 | 4,411 | 1,354 | 2,396 | 0 |
| 30 Jun 19 | 4,397 | 1,360 | 2,360 | 0 |
| 31 Mar 19 | 4,335 | 1,348 | 2,313 | 0 |
| 31 Dec 18 | 4,279 | 1,323 | 2,314 | 0 |
| 30 Sep 18 | 4,209 | 1,421 | 2,226 | 0 |
| 30 Jun 18 | 4,162 | 1,316 | 2,224 | 0 |
| 31 Mar 18 | 4,146 | 1,235 | 2,205 | 0 |
| 31 Dec 17 | 4,108 | 1,110 | 2,204 | 0 |
| 30 Sep 17 | 4,035 | 918 | 2,212 | 0 |
| 30 Jun 17 | 3,854 | 771 | 2,141 | 0 |
| 31 Mar 17 | 3,564 | 673 | 2,031 | 0 |
| 31 Dec 16 | 3,328 | 647 | 1,915 | 0 |
| 30 Sep 16 | 3,083 | 597 | 1,795 | 0 |
| 30 Jun 16 | 2,960 | 633 | 1,730 | 0 |
| 31 Mar 16 | 2,939 | 667 | 1,716 | 0 |
| 31 Dec 15 | 2,890 | 661 | 1,683 | 0 |
| 30 Sep 15 | 2,876 | 646 | 1,651 | 0 |
| 30 Jun 15 | 2,826 | 649 | 1,624 | 0 |
| 31 Mar 15 | 2,765 | 617 | 1,603 | 0 |
| 31 Dec 14 | 2,735 | 601 | 1,577 | 0 |
| 30 Sep 14 | 2,687 | 595 | 1,558 | 0 |
| 30 Jun 14 | 2,665 | 619 | 1,544 | 0 |
| 31 Mar 14 | 2,632 | 605 | 1,529 | 0 |
| 31 Dec 13 | 2,627 | 609 | 1,537 | 0 |
| 30 Sep 13 | 2,632 | 619 | 1,543 | 0 |
| 30 Jun 13 | 2,634 | 607 | 1,554 | 0 |
| 31 Mar 13 | 2,643 | 609 | 1,539 | 0 |
| 31 Dec 12 | 2,658 | 599 | 1,523 | 0 |
Quality Earnings: HBAN * has high quality earnings.
Growing Profit Margin: HBAN *'s current net profit margins (30.7%) are higher than last year (27.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HBAN *'s earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: HBAN *'s earnings growth over the past year (17.7%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: HBAN * earnings growth over the past year (17.7%) did not outperform the Banks industry 37.4%.
Return on Equity
High ROE: HBAN *'s Return on Equity (12.8%) is considered low.