Huntington Bancshares Incorporated

Company Profile

Huntington Bancshares Incorporated had its IPO on 1990-03-26 under the ticker symbol HBAN.

The company operates in the Financial Services sector and Banks-Regional industry. Huntington Bancshares Incorporated has a staff strength of 20,198 employees.

Stock update

Shares of Huntington Bancshares Incorporated opened at $10.78 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.66 - $10.98, and closed at $10.95.

This is a +1.86% increase from the previous day's closing price.

A total volume of 17,167,778 shares were traded at the close of the day’s session.

In the last one week, shares of Huntington Bancshares Incorporated have slipped by -2.41%.

Huntington Bancshares Incorporated's Key Ratios

Huntington Bancshares Incorporated has a market cap of $15.56 billion, indicating a price to book ratio of 1.3426 and a price to sales ratio of 2.9152.

In the last 12-months Huntington Bancshares Incorporated’s revenue was $7.24 billion with a gross profit of $6.96 billion and an EBITDA of $0. The EBITDA ratio measures Huntington Bancshares Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Huntington Bancshares Incorporated’s operating margin was 44.82% while its return on assets stood at 1.32% with a return of equity of 13.13%.

In Q2, Huntington Bancshares Incorporated’s quarterly earnings growth was a positive 0% while revenue growth was a positive 4.2%.

Huntington Bancshares Incorporated’s PE and PEG Ratio

Forward PE

8.9686

Trailing PE

6.9355

PEG

0.6795

Its diluted EPS in the last 12-months stands at $1.55 per share while it has a forward price to earnings multiple of 8.9686 and a PEG multiple of 0.6795. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Huntington Bancshares Incorporated’s profitability.

Huntington Bancshares Incorporated stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.9152.

Huntington Bancshares Incorporated stock pays annual dividends of $0.62 per share, indicating a yield of 5.7% and a payout ratio of 40%.

Balance sheet and cash flow metrics

Total Assets

$188.51 billion

Total Liabilities

$1.68 billion

Operating Cash Flow

$1.17 billion

Capital Expenditure

$32 million

Dividend Payout Ratio

40%

Huntington Bancshares Incorporated ended 2024 with $188.51 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $188.51 billion while shareholder equity stood at $18.79 billion.

Huntington Bancshares Incorporated ended 2024 with $0 in deferred long-term liabilities, $1.68 billion in other current liabilities, 15000000.00 in common stock, $4.05 billion in retained earnings and $5.56 billion in goodwill. Its cash balance stood at $11.29 billion and cash and short-term investments were $34.52 billion. The company’s total short-term debt was $1,680,000,000 while long-term debt stood at $14.71 billion.

Huntington Bancshares Incorporated’s total current assets stands at $41.09 billion while long-term investments were $40.91 billion and short-term investments were $23.23 billion. Its net receivables were $6.57 billion compared to accounts payable of $0 and inventory worth $0.

In 2024, Huntington Bancshares Incorporated's operating cash flow was $1.17 billion while its capital expenditure stood at $32 million.

Comparatively, Huntington Bancshares Incorporated paid $0.40 in dividends in 2024.

Other key metrics

Current Trading Price

$10.95

52-Week High

$15.182

52-Week Low

$8.9994

Analyst Target Price

$12.83

Huntington Bancshares Incorporated stock is currently trading at $10.95 per share. It touched a 52-week high of $15.182 and a 52-week low of $15.182. Analysts tracking the stock have a 12-month average target price of $12.83.

Its 50-day moving average was $11.42 and 200-day moving average was $12.15 The short ratio stood at 3.25 indicating a short percent outstanding of 0%.

Around 90.7% of the company’s stock are held by insiders while 8154.3% are held by institutions.