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Huntington Bancshares Incorporated  (HBAN)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


 

Huntington Bancshares Incorporated

HBAN's Financial Statements and Analysis



Huntington Bancshares Incorporated reported in the forth quarter of 2023 net earnings per share of $0.15 a decrease by -65.77 % year on year from $0.43 and decline of -58.27 % from $0.35 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.15 $  1,595 Mill
$-0.28     -65.77 % $-275M     -14.71 %



Huntington Bancshares Incorporated's Revenue fell by -14.71 % in forth quarter of 2023 (Dec 31 2023) year on year, to $1,595 million and declined by -10.29 % sequentially.


Huntington Bancshares Incorporated is

More on HBAN's Income Statement



Huntington Bancshares Incorporated's net income of $248.000 million in the forth quarter of 2023 decreased by -61.79 % from net earnings of $649.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -55.07 % from net income of $552.000 million realized in previous quarter.

More on HBAN's Growth

Huntington Bancshares Incorporated Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-1,306 million, capital expenditures fell by -4922.45%, to $-60 millions compare to same quarter a year ago

More on HBAN's Cash flow Statement


Huntington Bancshares Incorporated payed out dividend of $0.51 per share in last 52 weeks representing 41.13 % of net earning per share in trailing twelve-month period.

During the same period Huntington Bancshares Incorporated earned $ 1.81 cash per share, on a free-cash flow basis 146.23 % of net earning per share.

Book value grew by 4.85 % sequentially to $13.24 per share, 90.07% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 8.98 per share from $ 8.34.

Company repurchased 2.29 million shares or 0.16 % in Dec 31 2023.
Interest Coverage Ratio was 1.69. Debt Coverage Ratio was 0.37.

More on HBAN's Dividends

 Market Capitalization (Millions) 19,079
 Shares Outstanding (Millions) 1,465
 Total Debt (Millions $) 13,014
 Revenue (TTM) (Millions $) 6,958
 Net Income (TTM) (Millions $) 1,971
 Cash Flow (TTM) (Millions $) 3,425
 Capital Exp. (TTM) (Millions $) -140
 Dividend TTM ($) 0.51 $
 Dividend Yield TTM (%) 2.3 %
 Employees (TTM) $ 15,608




Huntington Bancshares Incorporated payed out dividend of $0.51 per share in the last 52 weeks representing 41.13 % of net earning per share in trailing twelve-month period.

During the same period Huntington Bancshares Incorporated had $ 1.81 cash flow per share, on a free-cash flow basis 146.23 % of net earning per share.

Book value grew by 4.85 % sequentially to $13.24 per share, 90.07% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 8.98 per share from $ 8.34.

Company repurchased 2.29 million shares or 0.16 % in Dec 31 2023.
Interest Coverage Ratio was 1.69. Debt Coverage Ratio was 0.37.

More on HBAN's Balance Sheets

 Market Capitalization (Millions) 19,079
 Shares Outstanding (Millions) 1,465
 Total Debt (Millions $) 13,014
 Revenue (TTM) (Millions $) 6,958
 Net Income (TTM) (Millions $) 1,971
 Cash Flow (TTM) (Millions $) 3,425
 Capital Exp. (TTM) (Millions $) -140
 Dividend TTM ($) 0.51 $
 Dividend Yield TTM (%) 2.3 %
 Employees (TTM) $ 15,608
   


  News about Huntington Bancshares Incorporated Earnings

Huntington Bancshares Incorporated Faces Tough Times, Sees Drastic Declines in Profit and Revenue in Fiscal Year 2023

Huntington Bancshares Incorp...

Huntington Bancshares Incorporated Reports a Relatively Stable and Steady Fiscal Period during July-September 30, 2023



Huntington Bancshares Incorporated, a renowned financial institution, recently released its financial results for the end of the third quarter in 2023. However, the numbers were disappointing, showing a decline in various key performance indicators. This article aims to analyze the implications of these results and assess Huntington Bancshares Incorporated's future prospects.
Weakening Earnings and Revenues:
In the financial period ending September 30, 2023, Huntington Bancshares Incorporated experienced a decline in both earnings per share (EPS) and revenue. EPS deteriorated by 10.26%, dropping from $0.39 to $0.35, marking a troubling decrease. Similarly, the company's revenue sunk by 1.00...

Huntington Bancshares Incorporated Surpasses Industry Peers with 12.96% Rise in Revenue for Q2 2023

Huntington Bancshares Incorporated, a prominent commercial bank in the United States, recently released its second quarter earnings report for 2023, providing investors and analysts with insights into the company's financial performance. The report highlights various key metrics, including net profit per share, revenue, earnings, profit margins, and stock performance.
Over the second quarter of 2023, HBAN's net profit per share remained unchanged at $0.35 per share compared to the same period last year. However, profits witnessed a decline of -10.26% from the previous financial reporting period when it stood at $0.39 per share. Although this decline may be seen as a setback, it is essential to consider t...


Date modified: 2024-02-17T00:24:52+00:00





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