NasdaqGS:HBAN

Stock Analysis Report

Executive Summary

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Huntington Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

NasdaqGS:HBAN

3.3%

US Banks

2.1%

US Market


1 Year Return

-20.2%

NasdaqGS:HBAN

-13.8%

US Banks

-0.04%

US Market

HBAN underperformed the Banks industry which returned -14.8% over the past year.

HBAN underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

HBANIndustryMarket
7 Day3.9%3.3%2.1%
30 Day-8.3%-7.0%-3.2%
90 Day-2.3%-2.3%2.8%
1 Year-16.9%-20.2%-11.3%-13.8%2.2%-0.04%
3 Year47.7%34.5%42.5%32.7%41.5%32.3%
5 Year51.7%31.6%54.2%37.6%55.0%37.8%

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

Valuation

Is Huntington Bancshares undervalued based on future cash flows and its price relative to the stock market?

28%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Huntington Bancshares's share price is below the future cash flow value, and at a moderate discount (> 20%).

Huntington Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Huntington Bancshares is good value based on earnings compared to the US Banks industry average.

Huntington Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Huntington Bancshares is poor value based on expected growth next year.


Price Based on Value of Assets

Huntington Bancshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Huntington Bancshares expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Huntington Bancshares's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

Huntington Bancshares's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

Huntington Bancshares's revenue growth is positive but not above the United States of America market average.

Huntington Bancshares's earnings growth is positive but not above the United States of America market average.

Huntington Bancshares's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Huntington Bancshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Huntington Bancshares performed over the past 5 years?

21.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Huntington Bancshares has delivered over 20% year on year earnings growth in the past 5 years.

Huntington Bancshares's 1-year earnings growth is less than its 5-year average (3.3% vs 21%)

Huntington Bancshares's earnings growth has not exceeded the US Banks industry average in the past year (3.3% vs 33.2%).


Return on Equity

Huntington Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Huntington Bancshares used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Huntington Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Huntington Bancshares has an acceptable proportion of non-loan assets held.

Huntington Bancshares has a sufficient allowance for bad loans.

Huntington Bancshares's liabilities are made up of primarily low risk sources of funding.

Huntington Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Huntington Bancshares are broadly funded by customer deposits.

Huntington Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Huntington Bancshares's current dividend yield, its reliability and sustainability?

4.73%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Huntington Bancshares before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Huntington Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Huntington Bancshares's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).


Next Steps

Management

What is the CEO of Huntington Bancshares's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Steve Steinour (60yo)

10.6yrs

Tenure

US$8,556,915

Compensation

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

Steve's remuneration is about average for companies of similar size in United States of America.

Steve's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.6yrs

Average Tenure

56yo

Average Age

The tenure for the Huntington Bancshares management team is about average.


Board Age and Tenure

8.8yrs

Average Tenure

63.5yo

Average Age

The tenure for the Huntington Bancshares board of directors is about average.


Insider Trading

Huntington Bancshares individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$37,94030 Jul 19
Nancy Maloney
EntityIndividual
Role
Chief Accounting Officer
Executive VP
Shares2,604
Max PriceUS$14.57
SellUS$441,80520 May 19
Paul Heller
EntityIndividual
Role
Chief Operating Officer
Chief Technology and Operations Officer & Senior EVP
Shares33,772
Max PriceUS$13.08
BuyUS$240,01920 May 19
Stephen Steinour
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares18,000
Max PriceUS$13.33
SellUS$203,17508 May 19
Richard Remiker
EntityIndividual
Shares14,497
Max PriceUS$14.02
SellUS$279,40030 Apr 19
Mark Thompson
EntityIndividual
Shares20,000
Max PriceUS$13.97
SellUS$43,87001 Mar 19
Kathleen Ransier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,067
Max PriceUS$14.30
SellUS$822,30013 Feb 19
Daniel Neumeyer
EntityIndividual
Shares60,000
Max PriceUS$13.71
SellUS$70,02629 Nov 18
Kathleen Ransier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,820
Max PriceUS$14.53
SellUS$624,45413 Nov 18
Helga Houston
EntityIndividual
Role
Senior Key Executive
Senior EVP & Chief Risk Officer
Shares42,608
Max PriceUS$14.66
BuyUS$93,68331 Oct 18
Richard Neu
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,750
Max PriceUS$13.89
BuyUS$235,72326 Oct 18
Stephen Steinour
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares17,493
Max PriceUS$13.48

Ownership Breakdown


Management Team

  • Steve Steinour (60yo)

    Chairman

    • Tenure: 10.6yrs
    • Compensation: US$8.56m
  • Paul Heller (55yo)

    Chief Technology and Operations Officer & Senior EVP

    • Tenure: 6.8yrs
    • Compensation: US$2.90m
  • Mac McCullough (62yo)

    Senior EVP & CFO

    • Tenure: 5.3yrs
    • Compensation: US$2.88m
  • Helga Houston (58yo)

    Senior EVP & Chief Risk Officer

    • Tenure: 7.9yrs
    • Compensation: US$2.60m
  • Andy Harmening (49yo)

    Senior EVP of Consumer & Business Banking Director

    • Tenure: 2.2yrs
    • Compensation: US$3.24m
  • Julie Tutkovics (48yo)

    Executive VP and Chief Communications & Marketing Director

    • Tenure: 2.3yrs
  • Mark Muth

    Senior VP & Director of Investor Relations

    • Tenure: 4.6yrs
  • Raj Syal (53yo)

    Chief Human Resources Officer & Senior EVP

    • Tenure: 3.8yrs
  • Nancy Maloney

    Executive VP

    • Tenure: 0.0yrs
  • Jana Litsey (57yo)

    Senior EVP & General Counsel

    • Tenure: 1.8yrs

Board Members

  • Steve Elliott (72yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$285.00k
  • Pete Kight (63yo)

    Director

    • Tenure: 7.2yrs
    • Compensation: US$209.99k
  • Rick Neu (63yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$252.00k
  • Bob Cubbin (61yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: US$236.00k
  • Steve Steinour (60yo)

    Chairman

    • Tenure: 10.6yrs
    • Compensation: US$8.56m
  • David Porteous (66yo)

    Lead Director

    • Tenure: 11.8yrs
    • Compensation: US$347.99k
  • Kathleen Ransier (71yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: US$220.99k
  • Beth Ardisana (67yo)

    Director

    • Tenure: 3.0yrs
    • Compensation: US$211.99k
  • Tanny Crane (62yo)

    Director

    • Tenure: 9.0yrs
    • Compensation: US$222.99k
  • Chris Inglis (64yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$200.99k

Company Information

Huntington Bancshares Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huntington Bancshares Incorporated
  • Ticker: HBAN
  • Exchange: NasdaqGS
  • Founded: 1866
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$13.399b
  • Shares outstanding: 1.04b
  • Website: https://www.huntington.com

Number of Employees


Location

  • Huntington Bancshares Incorporated
  • Huntington Center
  • 41 South High Street
  • Columbus
  • Ohio
  • 43287
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HBANNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1980
HU3DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1980
0J72LSE (London Stock Exchange)YesCommon StockGBUSDJan 1980
HBAN *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1980
HBAN.ONasdaqGS (Nasdaq Global Select)DEP SHS PFD DUSUSDMar 2016

Biography

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 thr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:41
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.