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Huntington Bancshares (HBAN)

(Real Time Quote from BATS)

$13.49 USD

13.49
5,933,496

+0.16 (1.16%)

Updated Apr 23, 2024 09:44 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 40% (151 out of 252)

Industry: Banks - Midwest

Better trading starts here.

Balance Sheet

Research for HBAN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Huntington Bancshares Incorporated falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 10,448 6,937 5,960 6,774 1,371
Receivables 121,373 118,975 109,890 79,794 74,621
Notes Receivable 0 0 0 0 0
Inventories 516 529 1,676 1,275 877
Other Current Assets 0 0 0 0 0
Total Current Assets 132,337 126,441 117,526 87,843 76,869
Net Property & Equipment 1,109 1,156 1,164 757 763
Investments & Advances 41,780 41,329 41,555 25,764 23,660
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 6,233 6,283 5,960 2,418 2,465
Deposits & Other Assets 7,909 7,697 7,859 6,256 5,245
Total Assets 189,368 182,906 174,064 123,038 109,002
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 620 2,027 334 183 2,606
Accounts Payable 151,230 147,914 143,263 98,948 82,347
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 151,850 149,941 143,597 99,131 84,953
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 12,394 9,686 7,108 8,352 9,849
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 5,726 5,510 4,041 2,562 2,405
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 169,970 165,137 154,746 110,045 97,207
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 2,394 2,167 2,167 2,191 1,203
Common Stock (Par) 15 14 14 10 10
Capital Surplus 15,389 15,309 15,222 8,781 8,806
Retained Earnings 4,322 3,419 2,202 1,878 2,088
Other Equity -2,631 -3,060 -208 192 -256
Treasury Stock 91 80 79 59 56
Total Shareholder's Equity 19,398 17,769 19,318 12,993 11,795
Total Liabilities & Shareholder's Equity 189,368 182,906 174,064 123,038 109,002
Total Common Equity 17,004 15,602 17,151 10,802 10,592
Shares Outstanding 1,448.08 1,442.73 1,437.70 1,017.30 1,032.70
Book Value Per Share 11.74 10.81 11.93 10.62 10.26

Fiscal Year End for Huntington Bancshares Incorporated falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 12,572 10,448 11,814 11,417 10,590
Receivables 122,103 121,373 120,141 120,519 120,558
Notes Receivable NA 0 0 0 0
Inventories 490 516 603 545 457
Other Current Assets NA 0 0 0 0
Total Current Assets 135,165 132,337 132,558 132,481 131,605
Net Property & Equipment 1,095 1,109 1,096 1,128 1,136
Investments & Advances 42,944 41,780 38,729 40,786 42,362
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 6,238 6,233 6,279 6,251 6,246
Deposits & Other Assets 8,077 7,909 7,988 7,859 7,721
Total Assets 193,519 189,368 186,650 188,505 189,070
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable 182 620 681 1,680 6,898
Accounts Payable 153,225 151,230 148,867 148,028 145,278
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities 153,407 151,850 149,548 149,708 152,176
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt 14,894 12,394 12,822 14,711 13,072
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 5,845 5,750 5,248 5,011
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 174,146 169,970 168,120 169,667 170,259
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock 2,394 2,394 2,484 2,484 2,484
Common Stock (Par) 15 15 15 15 15
Capital Surplus 15,407 15,389 15,363 15,335 15,332
Retained Earnings 4,476 4,322 4,334 4,052 3,764
Other Equity -2,828 -2,631 -3,575 -2,956 -2,702
Treasury Stock 91 91 91 92 82
Total Shareholder's Equity 19,373 19,398 18,530 18,838 18,811
Total Liabilities & Shareholder's Equity 193,519 189,368 186,650 188,505 189,070
Total Common Equity 16,979 17,004 16,046 16,354 16,327
Shares Outstanding 1,450.00 1,448.08 1,448.00 1,447.80 1,443.60
Book Value Per Share 11.71 11.74 11.08 11.30 11.31