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Huntington Bancshares Incorporated (HBAN) |
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HBAN's Net Income Growth by Quarter and Year
Huntington Bancshares Incorporated's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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HBAN Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
248.00
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649.00
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402.00
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316.00
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III Quarter |
September |
552.00
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597.00
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378.00
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303.00
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II Quarter |
June |
565.00
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541.00
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-15.00
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150.00
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I Quarter |
March |
606.00
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462.00
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532.00
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48.00
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FY |
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1,971.00
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2,249.00
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1,297.00
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817.00
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HBAN Net Income fourth quarter 2023 Y/Y Growth Comment |
Huntington Bancshares Incorporated reported drop in Net Income in the fourth quarter 2023 by -61.79% to $ 248.00 millions, from the same quarter in 2022. Despite modest results in the fourth quarter 2023, contraction in Huntington Bancshares Incorporated's Net Income appears to be smaller than Company's recent average decline.
Looking into fourth quarter 2023 results within Commercial Banks industry 2 other companies have achieved higher Net Income growth. While Huntington Bancshares Incorporated' s Net Income meltdown of -61.79% ranks overall at the positon no. 261 in the fourth quarter 2023.
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HBAN Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-61.79 % |
61.44 % |
27.22 % |
-0.32 % |
III Quarter |
September |
-7.54 % |
57.94 % |
24.75 % |
-18.55 % |
II Quarter |
June |
4.44 % |
- |
- |
-58.79 % |
I Quarter |
March |
31.17 % |
-13.16 % |
1008.33 % |
-86.59 % |
FY |
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-12.36 % |
73.4 % |
58.75 % |
-42.1 % |
HBAN Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-55.07 % |
8.71 % |
6.35 % |
4.29 % |
III Quarter |
September |
-2.3 % |
10.35 % |
- |
102 % |
II Quarter |
June |
-6.77 % |
17.1 % |
- |
212.5 % |
I Quarter |
March |
-6.63 % |
14.93 % |
68.35 % |
-84.86 % |
FY (Year on Year) |
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-12.36 % |
73.4 % |
58.75 % |
-42.1 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
264.75 % |
-141.43 % |
-4993.51 % |
(Dec 31 2011) |
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(Sep. 30. 2009) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
264.75 % |
-141.43 % |
-4993.51 % |
(Dec 31 2011) |
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(Sep. 30. 2009) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Huntington Bancshares Incorporated's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
269.48 % |
14.82 % |
-84.86 % |
(Sep. 30. 2010) |
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HBAN's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 Huntington Bancshares Incorporated reported fall in Net Income from the previous quarter by -55.07% to $ 248.00 millions, from $ 552.00 millions released in the previous reporting period.
Albeit cyclical circumstance normally fuel IV. Quarter 2023 results, that clearly has not been enough to salvage HBAN's IV. Quarter 2023 performance, Millie Surname, a business consultant based in Toronto pointed out and wrote that average quarter on quarter Net Income growth is at 14.82% for Huntington Bancshares Incorporated.
Within Commercial Banks industry 8 other companies have achieved higher Net Income quarter on quarter growth. While Huntington Bancshares Incorporated's Net Income growth quarter on quarter, overall rank is 558. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
269.48 % |
14.82 % |
-84.86 % |
(Sep. 30. 2010) |
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HBAN's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 Huntington Bancshares Incorporated disclosed fall in Net Income from the third quarter by -55.07% to $ 248.00 millions, from $ 552.00 millions released a quarter before.
Those periodic circumstance which commonly elevate IV. Quarter 2023 results, were not able to rescue the IV. Quarter for the Huntington Bancshares Incorporated, Millie Surname, a business consultant based in Toronto pointed out and wrote that average sequential Net Income growth is at 14.82% for the Commercial Banks's company.
Within Commercial Banks industry 8 other companies have achieved higher Net Income quarter on quarter growth. While Huntington Bancshares Incorporated's Net Income growth quarter on quarter, overall rank is 558. |
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Huntington Bancshares Incorporated's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 1,971.00 |
$ 2,372.00 |
$ 2,417.00 |
$ 2,393.00 |
$ 2,249.00 |
Y / Y Net Income Growth (TTM) |
-12.36 % |
18.48 % |
35.56 % |
95.03 % |
73.4 % |
Year on Year Net Income Growth Overall
Ranking |
# 94 |
# 56 |
# 230 |
# 0 |
# 308 |
Seqeuential Net Income Change (TTM) |
-16.91 % |
-1.86 % |
1 % |
6.4 % |
12.34 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 261 |
# 166 |
# 445 |
# 0 |
# 764 |
Cumulative Net Income growth
Comment |
For the 12 months ended Dec 31 2023 Huntington Bancshares Incorporated reported a decline in Net Income by -12.36% year on year, to $1,971 millions, compare to the 18.48% growth at Sep 30 2023.
Among companies within the Financial sector 13 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 56 to 94. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
264.75 % |
-141.43 % |
-4993.51 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
264.75 % |
-141.43 % |
-4993.51 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 3 |
Sector |
# 41 |
S&P 500 |
# 261 |
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Cumulative Net Income growth
Comment |
For the 12 months ended Dec 31 2023 Huntington Bancshares Incorporated reported a decline in Net Income by -12.36% year on year, to $1,971 millions, compare to the 18.48% growth at Sep 30 2023.
Among companies within the Financial sector 13 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 56 to 94. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
264.75 % |
-141.43 % |
-4993.51 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
264.75 % |
-141.43 % |
-4993.51 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 3 |
Sector |
# 41 |
S&P 500 |
# 261 |
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