Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $123 billion of assets and a network of 839 branches, including 11 Private Client Group offices, and 1,322 ATMs across seven Midwestern states.
Huntington Bancshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.80|
|52 Week High||US$8.88|
|52 Week Low||US$16.91|
|1 Month Change||0.96%|
|3 Month Change||10.64%|
|1 Year Change||73.25%|
|3 Year Change||5.83%|
|5 Year Change||61.22%|
|Change since IPO||163.55%|
Recent News & Updates
|HBAN||US Banks||US Market|
Return vs Industry: HBAN underperformed the US Banks industry which returned 79.6% over the past year.
Return vs Market: HBAN exceeded the US Market which returned 32.8% over the past year.
Stable Share Price: HBAN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HBAN's weekly volatility (4%) has been stable over the past year.
About the Company
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $123 billion of assets and a network of 839 branches, including 11 Private Client Group offices, and 1,322 ATMs across seven Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states.
Huntington Bancshares Fundamentals Summary
|HBAN fundamental statistics|
Is HBAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HBAN income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.68|
|Net Profit Margin||21.28%|
How did HBAN perform over the long term?See historical performance and comparison
3.8%Current Dividend Yield
Is Huntington Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HBAN ($15.8) is trading below our estimate of fair value ($26.48)
Significantly Below Fair Value: HBAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBAN is poor value based on its PE Ratio (23.4x) compared to the US Banks industry average (11.2x).
PE vs Market: HBAN is poor value based on its PE Ratio (23.4x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: HBAN is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: HBAN is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Huntington Bancshares forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBAN's forecast earnings growth (24.7% per year) is above the savings rate (2%).
Earnings vs Market: HBAN's earnings (24.7% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HBAN's revenue (7.9% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: HBAN's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBAN's Return on Equity is forecast to be low in 3 years time (11.1%).
How has Huntington Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBAN has high quality earnings.
Growing Profit Margin: HBAN's current net profit margins (21.3%) are lower than last year (21.7%).
Past Earnings Growth Analysis
Earnings Trend: HBAN's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: HBAN's earnings growth over the past year (22.9%) exceeds its 5-year average (6.1% per year).
Earnings vs Industry: HBAN earnings growth over the past year (22.9%) underperformed the Banks industry 36%.
Return on Equity
High ROE: HBAN's Return on Equity (5.5%) is considered low.
How is Huntington Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HBAN's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: HBAN has a sufficient allowance for bad loans (227%).
Low Risk Liabilities: 92% of HBAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBAN has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: HBAN's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: HBAN has an appropriate level of bad loans (0.9%).
What is Huntington Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBAN's dividend (3.8%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: HBAN's dividend (3.8%) is in the top 25% of dividend payers in the US market (3.57%)
Stability and Growth of Payments
Stable Dividend: HBAN's dividends per share have been stable in the past 10 years.
Growing Dividend: HBAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.7%), HBAN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBAN's dividends in 3 years are forecast to be well covered by earnings (43.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Steinour (62 yo)
Mr. Stephen D. Steinour, also known as Steve, serves as Director at Battelle Memorial Institute, Inc since January 2020. He is President and Chief Executive Officer of The Huntington National Bank since Ja...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD8.01M) is about average for companies of similar size in the US market ($USD11.29M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: HBAN's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: HBAN's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBAN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.1%.
Huntington Bancshares Incorporated's employee growth, exchange listings and data sources
- Name: Huntington Bancshares Incorporated
- Ticker: HBAN
- Exchange: NasdaqGS
- Founded: 1866
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$23.330b
- Shares outstanding: 1.48b
- Website: https://www.huntington.com
Number of Employees
- Huntington Bancshares Incorporated
- Huntington Center
- 41 South High Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:55|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.