Huntington Bancshares Incorporated (HBAN) Stock

About Huntington Bancshares Incorporated

Huntington Bancshares Incorporated, established in Columbus, Ohio, in 1866, operates as the bank holding company for The Huntington National Bank, providing a comprehensive suite of commercial, consumer, and mortgage banking services across the United States. Its operations are organized into four key segments. The Consumer and Business Banking segment offers essential financial products to individuals and small businesses, including checking, savings, money market, and certificate of deposit accounts, along with credit cards, various loans, and investment opportunities. This segment also facilitates mortgages, insurance, interest rate risk protection, foreign exchange, and provides convenient access through ATMs, online, mobile, and telephone banking. For larger entities, the Commercial Banking segment delivers specialized financial solutions to middle-market businesses, government and public sector organizations, and commercial real estate developers/REITs. It extends tailored services to industries such as healthcare, technology, telecommunications, franchise finance, sponsor finance, and global services, encompassing asset finance, capital raising, sales and trading, corporate risk management, institutional banking, and treasury management. The Vehicle Finance segment aids consumers in financing purchases of automobiles, light-duty trucks, recreational vehicles, and marine craft through dealerships, while also offering inventory financing for new and used vehicles to franchised dealerships. Finally, the Regional Banking and The Huntington Private Client Group segment focuses on delivering private banking, wealth and investment management, and retirement planning services. As of March 18, 2022, Huntington Bancshares maintained a significant footprint with approximately 1,000 branches operating across 11 states.

Huntington Bancshares Incorporated is led by CEO Stephen D. Steinour, employs 20,092 people, headquartered in Columbus, US, publicly traded since 1980.

Huntington Bancshares Incorporated (HBAN) stock trades at $17.56 with a market capitalization of $35.48B. The stock is valued at a price-to-earnings (P/E) ratio of 11.60, price-to-book of 1.05, price-to-sales of 1.84. Over the past 52 weeks the stock has ranged between $14.89 and $19.46, and currently trades 9.8% below its 52-week high. It pays a dividend yielding 4.02%.

On profitability, Huntington Bancshares Incorporated generates a return on equity (ROE) of 9.08%, return on capital employed of 11.03%, an operating margin of 21.53%, a net profit margin of 16.63%.

In its most recent fiscal year, Huntington Bancshares Incorporated reported annual revenue of $12.5B, net profit of $2.2B, revenue has compounded at 19.0% a year over the last five years, profit at 22.0% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.72, a current ratio of 0.19, total assets of $225.1B, $1.8B in cash and equivalents.

HBAN has an average daily trading volume of 22,800,000 shares, a beta of 0.97.

Official website: www.huntington.com