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


Huntington Bancshares Incorporated's Net Profit Margin by quarter

Trends, Rankings, Statistics



HBAN Net Profit Margin (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
Y / Y Revenue Change -14.71 % -1 % 4.17 % 13.33 % 9.29 %
Seq. Revenue Change -10.29 % 1.66 % -4.74 % -1.82 % 4.12 %
Revenue In Millions $1,595.00 $1,778.00 $1,749.00 $1,836.00 $1,870.00
Net Profit Margin 15.55 % 31.05 % 32.3 % 33.01 % 34.71 %
Net Profit Margin Total Ranking # 689 # 385 # 383 # 421 # 565
Net Income In Millions $248.00 $552.00 $565.00 $606.00 $649.00
Y / Y Net Income Change -61.79 % -7.54 % 4.44 % 31.17 % 61.44 %
Seq. Net Income Change -55.07 % -2.3 % -6.77 % -6.63 % 8.71 %


Commenting fourth Quarter 2023 Net Profit Margin
Huntington Bancshares Incorporated experienced contraction in Net Income by -55.07 % to $1,595 millions and Revenue by -10.29 %, while Net Profit Margin fell to 15.55 %, below company's average Net Profit Margin.

Observing fourth quarter 2023 results within Commercial Banks industry 42 other companies have achieved higher Net Profit Margin. While Net Profit Margin overall ranking has deteriorated compare to previous quarter from 385 to 689.
Net Margin Formula
HBAN's Net Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Commercial Banks Industry # 43
Financial Sector # 291
Overall # 688

Net Profit Margin Statistics
High Average Low
47.08 % 21.79 % 1.32 %
(Dec 31 2017)   (March 31. 2010)




Other Net Profit Margin Profitability Ratios
HBAN's Cumulative Net Profit Margin
Commercial Banks Industry Net Profit Margin Trends and Statistics
Financial Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
HBAN's Net Profit Margin Profitability versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for HBAN's Competitors
Net Profit Margin Profit Margin for Huntington Bancshares Incorporated's Suppliers
Net Profit Margin Profit Margin for HBAN's Customers

You may also want to know
HBAN's Annual Growth Rates HBAN's Profitability Ratios HBAN's Asset Turnover Ratio HBAN's Dividend Growth
HBAN's Roe HBAN's Valuation Ratios HBAN's Financial Strength Ratios HBAN's Net Income Growth
HBAN's Roa HBAN's Inventory Turnover Ratio HBAN's Growth Rates HBAN's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Dec 31 2023, within Commercial Banks Industry Net Profit MarginDec 31 2023 MRQ Net IncomeDec 31 2023 MRQ Revenue
Farmers and Merchants Bancorp  39.79 %$ 21.425 $ 53.851 
City Holding Company  39.67 %$ 27.452 $ 69.202 
First Commonwealth Financial Corp  36.77 %$ 44.827 $ 121.899 
Optimumbank Holdings Inc   35.85 %$ 2.549 $ 7.111 
Wafd Inc   35.13 %$ 58.453 $ 166.404 
Nicolet Bankshares Inc  34.95 %$ 30.661 $ 87.716 
First Bancorp Inc  34.65 %$ 6.679 $ 19.277 
National Bank Holdings Corp  32.79 %$ 33.121 $ 100.995 
Evans Bancorp Inc   31.58 %$ 10.174 $ 32.216 
Webster Financial Corporation  30.96 %$ 185.393 $ 598.836 
First Financial Ban corp   29.78 %$ 56.732 $ 190.528 
Old National Bancorp  29.25 %$ 132.480 $ 452.907 
Oceanfirst Financial Corp   28.75 %$ 27.752 $ 96.532 
First Of Long Island Corp  28.24 %$ 6.059 $ 21.454 
Pinnacle Financial Partners Inc   27.78 %$ 139.257 $ 501.259 
First Merchants Corporation  27.40 %$ 42.479 $ 155.007 
Simmons First National Corp  25.86 %$ 43.341 $ 167.573 
Sandy Spring Bancorp Inc   25.66 %$ 26.100 $ 101.701 
First Horizon Corp  25.33 %$ 190.000 $ 750.000 
Jpmorgan Chase and Co  24.77 %$ 8,871.000 $ 35,812.000 
Capital Bancorp Inc  23.67 %$ 9.030 $ 38.142 
Fncb Bancorp Inc   23.23 %$ 3.353 $ 14.432 
Northwest Bancshares inc   22.75 %$ 29.014 $ 127.525 
Consumers Bancorp Inc  22.69 %$ 2.015 $ 8.881 
Park National Corporation  22.52 %$ 24.500 $ 108.784 
Camden National Corp  22.24 %$ 8.480 $ 38.126 
Shore Bancshares Inc   21.77 %$ 10.490 $ 48.177 
Cullen  21.10 %$ 102.551 $ 485.922 
Hope Bancorp Inc   19.84 %$ 26.481 $ 133.496 
Pathward Financial Inc   18.26 %$ 27.914 $ 152.907 




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