Huntington Bancshares Incorporated (HBAN) |
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Huntington Bancshares Incorporated Income Statement Quarterly
HBAN
Select the Financial Report: |
Period: |
Fiscal Year: |
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INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
1,789.00 |
1,764.00 |
1,679.00 |
1,579.00 |
1,466.00 |
Interest and Dividend Income, Securities |
299.00 |
288.00 |
278.00 |
255.00 |
220.00 |
Other Interest and Dividend Income |
151.00 |
143.00 |
155.00 |
82.00 |
59.00 |
Other Income |
111.00 |
118.00 |
113.00 |
112.00 |
109.00 |
Total Interest Income |
2,350.00 |
2,313.00 |
2,225.00 |
2,028.00 |
1,854.00 |
Interest Expense, Deposits |
808.00 |
713.00 |
570.00 |
406.00 |
235.00 |
Interest Expense, Short-term Borrowings |
28.00 |
17.00 |
74.00 |
60.00 |
10.00 |
Interest Expense, Other Long-term Debt |
198.00 |
215.00 |
235.00 |
153.00 |
147.00 |
Total Interest Expense |
1,034.00 |
945.00 |
879.00 |
619.00 |
392.00 |
Net Interest Income |
1,316.00 |
1,368.00 |
1,346.00 |
1,409.00 |
1,462.00 |
Provision
for loan losses |
126.00 |
99.00 |
92.00 |
85.00 |
91.00 |
Total Net Interest Income |
1,190.00 |
1,269.00 |
1,254.00 |
1,324.00 |
1,371.00 |
Fees and Commissions, Mortgage Banking and Servicing |
27.00 |
31.00 |
25.00 |
26.00 |
31.00 |
Revenue From Contract With Customer Excluding Assessed Tax |
1,400.00 |
- |
- |
- |
- |
Other Services |
- |
- |
- |
- |
- |
Other noninterest revenues |
-191.00 |
88.00 |
74.00 |
109.00 |
62.00 |
Debt And Equity Securities Gain Loss |
- |
- |
-5.00 |
1.00 |
- |
Electronic Banking |
- |
- |
57.00 |
59.00 |
-93.00 |
Capital Markets Fee Income |
- |
- |
33.00 |
26.00 |
-96.00 |
Interest Income Securities Operating Other Taxable |
- |
- |
11.00 |
10.00 |
-11.00 |
Interest Income Securities Operating Other Tax Exempt |
- |
- |
- |
- |
- |
Fees and Commissions Service Chargeson Deposit Accounts |
- |
- |
87.00 |
83.00 |
-202.00 |
Fees and Commissions Trust and Investment Management Services |
- |
- |
68.00 |
62.00 |
-128.00 |
Lease Income |
- |
- |
30.00 |
34.00 |
-62.00 |
Financing Receivable And Off Balance Sheet Credit Loss Expense Reversal |
- |
- |
92.00 |
85.00 |
-92.00 |
Loss/ -Gain on Investment |
-20.00 |
2.00 |
16.00 |
16.00 |
2.00 |
Other Non-Interest Income |
-811.00 |
388.00 |
7.00 |
1.00 |
1,088.00 |
Total Noninterest Income |
405.00 |
509.00 |
495.00 |
512.00 |
499.00 |
Total Revenues |
1,595.00 |
1,778.00 |
1,749.00 |
1,836.00 |
1,870.00 |
Salaries & employee benefits, SGA |
49.00 |
29.00 |
21.00 |
16.00 |
22.00 |
Depriciation & Amortization |
5.00 |
6.00 |
8.00 |
8.00 |
9.00 |
Equipment expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
51.00 |
67.00 |
64.00 |
64.00 |
61.00 |
Professional Fees |
15.00 |
27.00 |
32.00 |
25.00 |
21.00 |
Communications expense |
- |
- |
- |
- |
- |
Restructuring & impairment charges |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
241.00 |
25.00 |
23.00 |
13.00 |
14.00 |
Other Noninterest Expense |
96.00 |
88.00 |
74.00 |
80.00 |
93.00 |
Total noninterest revenues |
891.00 |
848.00 |
828.00 |
880.00 |
857.00 |
Total Operating
Expenses |
1,348.00 |
1,090.00 |
1,050.00 |
1,086.00 |
1,077.00 |
Total Costs & Expenses |
2,382.00 |
2,035.00 |
1,929.00 |
1,705.00 |
1,469.00 |
Income /-loss before income taxes |
247.00 |
688.00 |
699.00 |
750.00 |
793.00 |
Income taxes expenses/-benefit |
-1.00 |
136.00 |
134.00 |
144.00 |
144.00 |
Income after income taxes |
248.00 |
552.00 |
565.00 |
606.00 |
649.00 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
248.00 |
552.00 |
565.00 |
606.00 |
649.00 |
Stockholders Equity Attributable to Noncontrolling Interest |
5.00 |
5.00 |
6.00 |
4.00 |
4.00 |
Accounting Change |
- |
- |
- |
- |
- |
Net Income/-loss |
248.00 |
552.00 |
565.00 |
606.00 |
649.00 |
Noncontrolling interests |
5.00 |
5.00 |
6.00 |
4.00 |
4.00 |
Prefered dividends |
-114.00 |
37.00 |
40.00 |
29.00 |
28.00 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
215.00 |
510.00 |
519.00 |
573.00 |
617.00 |
Per
Share (GAAP Quarterly, in $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Basic EPS (excl. extra
items) |
0.15 |
0.35 |
0.36 |
0.40 |
0.43 |
Extraordinary items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Basic Net EPS |
0.15 |
0.35 |
0.36 |
0.40 |
0.43 |
Basic shares outstanding (Mill.
of Units) |
1,448.16 |
1,447.99 |
1,446.37 |
1,443.27 |
1,442.90 |
EPS other shares |
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- |
- |
- |
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Diluted Net EPS |
0.15 |
0.35 |
0.35 |
0.39 |
0.43 |
Diluted average shares (Mill.
of Units) |
1,465.32 |
1,467.61 |
1,465.72 |
1,469.28 |
1,465.52 |
Dividend per share |
0.076 |
0.128 |
0.153 |
0.153 |
0.153 |
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