Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services.
No risks detected for HBAN from our risk checks.
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Huntington Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HBAN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HBAN underperformed the US Banks industry which returned 12.1% over the past year.
Return vs Market: HBAN underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Huntington Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StInsider Buying: The Huntington Bancshares Incorporated (NASDAQ:HBAN) Independent Director Just Bought US$80k Worth Of Shares
2 weeks ago | Simply Wall StIs It Time To Consider Buying Huntington Bancshares Incorporated (NASDAQ:HBAN)?
1 month ago | Simply Wall StHow Should Investors React To Huntington Bancshares Incorporated's (NASDAQ:HBAN) CEO Pay?
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 ($14.08) is trading below our estimate of fair value ($20.56)
Significantly Below Fair Value: HBAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBAN is good value based on its PE Ratio (10.9x) compared to the Banks industry average (12.6x).
PE vs Market: HBAN is good value based on its PE Ratio (10.9x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: HBAN is poor value based on its PEG Ratio (5.8x)
Price to Book Ratio
PB vs Industry: HBAN is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).
How is Huntington Bancshares forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBAN's forecast earnings growth (1.9% per year) is above the savings rate (1.7%).
Earnings vs Market: HBAN's earnings (1.9% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: HBAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: HBAN's revenue (5.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: HBAN's revenue (5.7% 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 (12.2%).
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 (30.5%) are lower than last year (31%).
Past Earnings Growth Analysis
Earnings Trend: HBAN's earnings have grown significantly by 20.9% per year over the past 5 years.
Accelerating Growth: HBAN's earnings growth over the past year (1.1%) is below its 5-year average (20.9% per year).
Earnings vs Industry: HBAN earnings growth over the past year (1.1%) underperformed the Banks industry 12.1%.
Return on Equity
High ROE: HBAN's Return on Equity (12%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: HBAN has a low level of unsold assets or inventory.
Debt Coverage by Assets: HBAN's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: HBAN's level of assets compared to its equity is low.
Allowance for Bad Loans: HBAN has a sufficient allowance for bad loans.
Low Risk Liabilities: HBAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBAN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HBAN's loans are broadly funded by customer deposits.
Level of Bad Loans: HBAN has an appropriate level of bad loans (0.62%)
What is Huntington Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Huntington Bancshares before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HBAN's dividend (4.26%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: HBAN's dividend (4.26%) is in the top 25% of dividend payers in the US market (3.69%)
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 reasonably low payout ratio (45.1%), HBAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBAN's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Steinour (60yo)
Mr. Stephen D. Steinour, also known as Steve, is Chairman, President and Chief Executive Officer of The Huntington National Bank. Mr. Steinour joined Huntington in 2009 from CrossHarbor Capital where he se ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD8.56M) is about average for companies of similar size in the US market ($USD10.81M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Chief Technology and Operations Officer & Senior EVP||7.3yrs||US$2.90m||0.033% $4.7m|
|Senior EVP & Chief Risk Officer||8.4yrs||US$2.60m||0.035% $5.0m|
|Senior EVP of Consumer & Business Banking Director||2.7yrs||US$3.24m||0.0017% $242.7k|
|CFO & Senior EVP||0.3yrs||no data||no data|
|Executive VP||0yrs||no data||0.0048% $692.2k|
|Senior VP & Director of Investor Relations||5.1yrs||no data||no data|
|Senior EVP & General Counsel||2.3yrs||no data||0.0017% $238.4k|
|Executive VP and Chief Communications & Marketing Director||2.8yrs||no data||0.011% $1.6m|
|Chief Human Resources Officer & Senior EVP||4.3yrs||no data||0.0085% $1.2m|
Experienced Management: HBAN's management team is considered experienced (4.3 years average tenure).
|Independent Director||9.1yrs||US$285.00k||no data|
|Independent Director||7.7yrs||US$209.99k||0.021% $3.0m|
|Independent Director||10.1yrs||US$252.00k||0.011% $1.6m|
|Independent Director||4.1yrs||US$236.00k||0.0054% $778.4k|
|Lead Director||12.3yrs||US$347.99k||0.072% $10.4m|
|Independent Director||17.1yrs||US$220.99k||0.016% $2.3m|
|Independent Director||3.5yrs||US$211.99k||0.0031% $448.1k|
|Independent Director||9.5yrs||US$222.99k||0.0015% $215.4k|
|Independent Director||3.8yrs||US$200.99k||0.00070% $100.5k|
Experienced Board: HBAN's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBAN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Huntington Bancshares Incorporated's company bio, 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$14.362b
- Shares outstanding: 1.02b
- Website: https://www.huntington.com
Number of Employees
- Huntington Bancshares Incorporated
- Huntington Center
- 41 South High Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HBAN||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1980|
|HU3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
|0J72||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1980|
|HBAN *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1980|
|HBAN.O||NasdaqGS (Nasdaq Global Select)||DEP SHS PFD D||US||USD||Mar 2016|
|H1BA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company operates through four business segments: Consumer and Business Banking, Commercial Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, mortgage loans, credit cards, and small business loans, as well as investment products. It also provides insurance, interest rate risk protection, foreign exchange, and treasury management services, as well as online, mobile, and telephone banking services. The Commercial Banking segment offers banking solutions and asset finance services; corporate risk management services; institutional sales, trading, and underwriting services; institutional corporate banking services; treasury management services; and other financing solutions, as well as lends real estate developers, REITs, and other customers. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment provides deposits, lending, banking, wealth management, investment and portfolio management, fiduciary administration, trust, retirement plan, and institutional and mutual fund custody services. As of December 31, 2018, the company operated through 944 branches located in Ohio, Michigan, Pennsylvania, Indiana, Illinois, Wisconsin, West Virginia, and Kentucky; and 10 private client group offices. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 23:43|
|End of Day Share Price||2020/02/14 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.