What is Huntington Bancshares Incorporated's ROA in the fourth quarter of 2023?
Huntington Bancshares Incorporated achieved a return on average assets (ROA) of
1.26 % in its fourth quarter of 2023, this is above HBAN's average return on assets of 0.52%.
Huntington Bancshares Incorporateds assets during the 12 months ending in the fourth quarter of 2023 are valued at $156 billion
Despite the company's net income deteriorating, Huntington Bancshares Incorporated was able to improve its ROA compared to the third quarter of 2023.
However, within the
Financial sector 270 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
1500, from total ROA ranking in the third quarter of 2023 at
2069.
What is ROA?