Huntington Bancshares (HBAN) AI Stock Analysis

• Market Cap: $25.40B
• Dividend Yield: 3.57%
• Average Volume (3M): 25.56M
• Price to Earnings (P/E): 12.9
• Beta (1Y): 1.14
• Revenue Growth: 6.06%
• EPS Growth: 28.03%
• Country: US
• Employees: 20,092
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.34
• Shares Outstanding: 1,465,886,400
• 10 Day Avg. Volume: 27,296,986
• 30 Day Avg. Volume: 25,561,992
• PEG Ratio: -7.67
• Price to Book (P/B): 1.20
• Price to Sales (P/S): 1.97
• P/FCF Ratio: 14.12
• Enterprise Value/Market Cap: 1.70
• Enterprise Value/Revenue: 3.55
• Enterprise Value/Gross Profit: 5.94
• Enterprise Value/Ebitda: 13.99
• 1Y Price Target: $19.77
• Price Target Upside: 13.82% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 14

• Rating: 78 Outperform
• Price Target: $20.00 ▲(15.14% Upside)

Huntington Bancshares is well-positioned for growth with strong financial performance, positive technical indicators, and strategic initiatives. The earnings call provided confidence in future growth prospects, while the valuation remains reasonable. Investors should monitor operational costs and cash flow efficiency.

Positive Factors

Revenue Growth

Robust revenue growth indicates Huntington's strong market position and ability to expand its customer base, supporting long-term financial health.

Strategic Acquisition

The acquisition enhances Huntington's market presence in high-growth regions, strengthening its competitive advantage and long-term growth prospects.

Cash Flow Management

Improved cash flow generation enhances Huntington's ability to invest in growth opportunities and maintain financial flexibility, supporting sustainable operations.

Negative Factors

Rising Nonperforming Assets

An increase in nonperforming assets could indicate potential credit quality issues, which may impact profitability and require increased provisions.

Operational Cost Concerns

Rising operational costs could pressure margins, affecting profitability and necessitating cost management to sustain long-term financial performance.

Cash Flow Constraints

Low operating cash flow relative to net income may signal potential liquidity issues, impacting the company's ability to fund operations and growth.

Huntington Bancshares Business Overview & Revenue Model

Company Description

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.

How the Company Makes Money

Huntington Bancshares generates revenue primarily through interest income from loans and investments, as well as non-interest income from various fees and services. The major revenue streams include interest earned on commercial and consumer loans, residential mortgages, and investment securities. Additionally, non-interest income is derived from service charges on deposit accounts, wealth management fees, and mortgage banking activities. The company has established significant partnerships with various organizations to enhance its service offerings and customer reach, contributing to its overall earnings. Furthermore, the bank benefits from a diversified portfolio of products that cater to both individual and business clients, enabling it to capitalize on different market segments.

Huntington Bancshares Financial Statement Overview

Summary

Huntington Bancshares shows solid revenue growth with strong cash flow generation and a robust balance sheet. However, there are areas for improvement in operational efficiencies, as indicated by compressed EBIT and EBITDA margins.

Income Statement

Huntington Bancshares shows solid revenue growth with a notable increase in total revenue from prior periods. The company exhibits healthy gross and net profit margins, indicating efficient operations. However, EBIT and EBITDA margins have faced some compression, suggesting potential cost management issues or increased competition.

Balance Sheet

The balance sheet is robust with a strong equity base. The Debt-to-Equity ratio is low, reflecting conservative leverage practices. However, the Equity Ratio shows a lower proportion of equity financing, suggesting potential reliance on liabilities for asset funding.

Cash Flow

Cash flow statements are strong, with consistent free cash flow generation. The growth in free cash flow is commendable, and the operating cash flow to net income ratio is stable, highlighting efficient cash conversion from earnings. This suggests a well-managed cash flow position despite fluctuations in investing and financing activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.16B	11.96B	10.78B	7.95B	6.08B	5.24B
Gross Profit	7.25B	6.96B	6.90B	6.96B	5.97B	3.77B
EBITDA	3.08B	3.02B	3.18B	3.25B	1.98B	1.34B
Net Income	2.11B	1.94B	1.95B	2.24B	1.29B	817.00M
Balance Sheet
Total Assets	207.74B	204.23B	189.37B	182.91B	174.06B	123.04B
Cash, Cash Equivalents and Short-Term Investments	15.00B	17.21B	13.70B	7.43B	6.29B	7.02B
Total Debt	18.04B	16.57B	13.01B	11.71B	7.44B	8.54B
Total Liabilities	186.77B	184.45B	169.97B	165.14B	154.75B	110.05B
Stockholders Equity	20.93B	19.74B	19.35B	17.73B	19.30B	12.99B
Cash Flow
Free Cash Flow	1.94B	1.67B	2.52B	3.81B	1.81B	1.20B
Operating Cash Flow	2.11B	1.81B	2.66B	4.03B	2.06B	1.32B
Investing Cash Flow	-12.31B	-12.12B	-3.00B	-11.61B	-3.96B	-8.64B
Financing Cash Flow	8.01B	13.02B	3.77B	8.76B	827.00M	12.74B

Huntington Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBAN, the sentiment is Positive. The current price of 17.37 is below the 20-day moving average (MA) of 17.54, above the 50-day MA of 16.90, and above the 200-day MA of 15.84, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 51.71 is Neutral, neither overbought nor oversold. The STOCH value of 20.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HBAN.

Huntington Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBAN	78 Outperform	$25.40B	12.90	10.43%	3.57%	6.06%	28.03%
RF	77 Outperform	23.79B	12.46	11.13%	3.81%	2.94%	20.85%
FITB	76 Outperform	29.90B	14.05	11.06%	3.28%	1.90%	2.87%
FCNCA	72 Outperform	23.52B	10.92	10.75%	0.43%	-2.09%	-6.84%
KEY	71 Outperform	20.58B	-276.84	0.90%	4.37%	-12.30%	-108.78%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Huntington Bancshares Corporate Events

Huntington Bancshares Joins 2025 Barclays Financial Conference

Huntington Bancshares Incorporated will participate in the 2025 Barclays Global Financial Services Conference on September 8, 2025, with key executives presenting to analysts and investors. This engagement highlights Huntington’s proactive approach to investor relations and its strategic positioning within the financial services industry, potentially impacting stakeholder perceptions and market positioning.

Huntington Bancshares Declares Quarterly Dividends Announcement

On July 18, 2025, Huntington Bancshares announced that its Board of Directors declared a quarterly cash dividend of $0.155 per common share, maintaining the same rate as the previous quarter. Additionally, the Board declared quarterly cash dividends on five series of its preferred stock, with all dividends payable in October 2025. This announcement reflects Huntington’s stable financial strategy and commitment to returning value to its shareholders, reinforcing its position in the banking industry.

Huntington Bancshares Announces Merger with Veritex Holdings

On July 13, 2025, Huntington Bancshares entered into a merger agreement with Veritex Holdings, where Veritex will merge into Huntington, with Huntington as the surviving corporation. The merger, unanimously approved by both companies’ boards, involves a stock exchange and cash considerations for Veritex shareholders, and includes a $10 million contribution to the Huntington Foundation for Veritex’s markets. The completion of the merger is subject to customary conditions such as shareholder approval, regulatory clearances, and the absence of legal restraints.

Huntington Bancshares Acquires Veritex Holdings for $1.9 Billion

On July 14, 2025, Huntington Bancshares announced its acquisition of Veritex Holdings, Inc., a move that will enhance its growth in the high-growth Texas markets, particularly in Dallas/Fort Worth and Houston. The merger, valued at $1.9 billion, is expected to close in the fourth quarter of 2025 and will see Veritex merge into Huntington, with Huntington continuing as the surviving entity. This strategic acquisition is anticipated to accelerate Huntington’s organic growth initiatives and strengthen its market position in Texas, one of the fastest-growing economies in the U.S. Additionally, Huntington reported strong preliminary second-quarter results for 2025, with significant growth in loans, deposits, and net interest income, reflecting its robust financial performance.

Huntington Bancshares Declares Quarterly Preferred Stock Dividend

On June 27, 2025, Huntington Bancshares announced that its Board of Directors declared a quarterly cash dividend for its 5.70% Series I Non-Cumulative Perpetual Preferred Stock, amounting to $356.25 per share, payable on September 2, 2025, to shareholders recorded by August 15, 2025. This move reflects Huntington’s ongoing commitment to providing returns to its shareholders and may enhance its attractiveness to investors seeking stable income through dividends.

Huntington Bancshares to Present at Financials Conference

Huntington Bancshares announced its participation in the 2025 Morgan Stanley US Financials Conference on June 11, 2025, where CFO Zach Wasserman will present. The company highlights its strategic focus on organic growth, robust profit growth, and strong credit performance, positioning itself to outperform in various economic scenarios.