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Huntington Bancshares Incorporated (HBAN)

NASDAQ
Currency in USD
17.17
-0.22(-1.27%)
Closed
After Hours
17.170.00(0.00%)
HBAN Scorecard
Full Analysis
6 analysts have revised their earnings upwards for the upcoming period
Fair Value
Day's Range
17.1717.47
52 wk Range
12.0218.45
Key Statistics
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Prev. Close
17.39
Open
17.46
Day's Range
17.17-17.47
52 wk Range
12.02-18.45
Volume
10.67M
Average Volume (3m)
13.52M
1-Year Change
39.25%
Book Value / Share
12.54
Fair Value
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Fair Value Upside
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HBAN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
18.34
Upside
+6.81%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins
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Huntington Bancshares Incorporated Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-hour grace, asterisk-free checking, money scout, $50 safety zone, standby cash, early pay, instant access, savings goal getter, and Huntington heads up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.

Sector
Financial
Employees
19955

Huntington Bancshares Incorporated SWOT Analysis


Strategic Resilience
Huntington Bancshares navigates interest rate challenges with robust loan growth and strategic hedging, showcasing adaptability in a dynamic banking landscape
Expansion Horizons
Delve into Huntington's promising expansion into the Carolinas, outperforming expectations and potentially setting the stage for future market penetration
Financial Forecasts
Analysts project price targets ranging from $15 to $17, reflecting cautious optimism amid revised net interest income outlook for 2024
Operational Evolution
Explore Huntington's internalization of merchant services, a move poised to enhance revenue synergies and strengthen customer relationships in the digital age
Read full SWOT analysis
HBAN Full Pro Research
Institutional-Grade Stock Analysis
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Bearish and bullish outlooks
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Huntington Bancshares Incorporated Earnings Call Summary for Q4/2024

  • Q3 2024 EPS at $0.33, ROTCE at 16.2%; loan growth 3.1% YoY, deposits up 5.6%
  • Projecting record net interest income by 2025; Q4 2024 loan and deposit growth forecast at 4-5% YoY
  • Core fee revenues grew 12% YoY; full branch expansion into Carolinas; enhanced merchant acquiring capabilities
  • Slight NIM decline to 2.98%; expecting sequential decline in net interest income for Q4 2025
  • Management confident in sustaining strong loan growth into 2024; Investor Day scheduled for February 6, 2024
Last Updated: 10/18/2024, 05:48 PM
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Compare HBAN to Peers and Sector

Metrics to compare
HBAN
Peers
Sector
Relationship
P/E Ratio
16.4x12.2x8.8x
PEG Ratio
−0.52−0.630.03
Price/Book
1.4x1.2x1.0x
Price / LTM Sales
3.7x3.9x2.8x
Upside (Analyst Target)
9.3%8.0%11.4%
Fair Value Upside
Unlock−3.6%3.0%Unlock

Analysts' Recommendations

11 Buy
8 Hold
2 Sell
Ratings:
18 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 18.35

(+6.84% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.05
Dividend Yield
3.57%
Industry Median 4.56%
Annualized payout
0.6200
Paid quarterly
5-Years Growth
+1.70%
Growth Streak

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FAQ

What Is the Huntington Bancshares (HBAN) Stock Price Today?

The Huntington Bancshares stock price today is 17.17

What Stock Exchange Does Huntington Bancshares Trade On?

Huntington Bancshares is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Huntington Bancshares?

The stock symbol for Huntington Bancshares is "HBAN."

Does Huntington Bancshares Pay Dividends? What’s The Current Dividend Yield?

The Huntington Bancshares dividend yield is 3.61%.

What Is the Huntington Bancshares Market Cap?

As of today, Huntington Bancshares market cap is 24.94B.

What is Huntington Bancshares Earnings Per Share?

The Huntington Bancshares EPS is 1.05.

What Is the Next Huntington Bancshares Earnings Date?

Huntington Bancshares will release its next earnings report on Jan 16, 2025.

From a Technical Analysis Perspective, Is HBAN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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