Huntington Bancshares Inc (HBAN)
Financials · Regional Banks · US stock · S&P 500 component
$15.66
▼ -0.06 (0.38%)
Fair valueFair
$15 −1.4% to fair value
$8fair band $13–$19$23
Day's range
$15.47 – $15.89
52-week range
$14.82 – $19.46
About Huntington Bancshares Inc
Huntington Bancshares is a regional bank holding company based in Ohio that serves consumers, small businesses and corporate clients, mainly across the Midwest. Its bank offers checking and savings accounts, loans, mortgages, credit cards, payments, wealth management and commercial banking through branches, digital channels and a network of ATMs. Customers are individuals, families and companies of many sizes in the communities where it operates.
Revenue comes from the difference between interest earned on loans and paid on deposits, together with fees from payments and wealth management. On the site's figures, revenue was $1.7 billion over the last twelve months, growing at 5.8% a year across the last three years. The company pays a dividend with a yield of 4.0%. On the site's X-Ray Score it receives 39 out of 100.
Price chart
52-wk range $14.82 – $19.46Volume 33,632,816Daily, split-adjusted
Vitals
Market cap$29.8B
52-week range$14.82 – $19.46
Volume (last day)33,632,816
P/E (TTM)11.3
EBIT / EV yield7.8%
Free-cash-flow yield7.2%
Dividend yield4.0%
Revenue (TTM)$1.7B
Net income (TTM)$2.2B
Operating margin159.0%
Return on capital6.0%
Debt incl. leases$23.5B
Cash & securities$19.2B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$15middle half of models $15 – $16
Fair
−1.4% to fair value
Average of the 3 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $16
Undervalued < $13Fair $13 – $19Overvalued > $19
P/E multiple
$15
P/B multiple
$17
P/S multiple
$14
Dividend discount, stable · not used
$46
Dividend discount, multi-stage · not used
$80
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
41/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield7.8%
Free-cash-flow yield7.2%
Fair value vs price1.0×
Growth
Weak
27/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)5.8%
EPS growth (3y)-1.4%
Growth consistency80%
Profitability
Weak
34/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital6.0%
Operating margin159.0%
Financial health
Fair
50/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA1.3×
Interest coverNo interest cost
Dividends
Weak
50/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield4.0%
Dividends vs free cash flow55%
Dividend growth0.4%
Quarterly results: last 6 quarters
+16.1%
Dec '24
+4.5%
Mar '25
+4.7%
Jun '25
+17.1%
Sep '25
+0.0%
Dec '25
+34.5%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $472M, diluted EPS $0.25.
Compare with peers
RF Regions Financial Corp58 MTB M&T Bank Corp58 KEY Keycorp51 CFG Citizens Financial Gro...49Other Regional Banks companies by X-Ray Score.
SWOT analysis: Huntington Bancshares Inc
Strengthsinside the company
- Free cash flow equals 7.2% of the market value, which funds dividends, buybacks or debt paydown.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- Return on invested capital of 6.0% is well below the 10.6% median of industry peers.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Financials as favourable.
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare HBAN with peers and sector
Medians of 5 Regional Banks peers and of 70 Financials stocks in our universe.
Largest peers (X-Ray Score): FITB 36, MTB 58, CFG 49, RF 58, KEY 51.
| Metric | HBAN | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 39 | 51 | 50 |
| Valuation | 41 | 62 | 52 |
| Growth | 27 | 20 | 54 |
| Profitability | 34 | 36 | 49 |
| Financial health | 50 | 77 | 51 |
| Dividends | 49 | 60 | 54 |
Sector leaders: highest X-Ray Score in Financials
HBAN ranks #56 of 71 in Financials and #5 of 6 in Regional Banks by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for HBAN
Each factor is rated by where HBAN stands among the 71 Financials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 2 Good · 2 Average · 4 Bad of 8
Growth: 0 · 1 · 2
Profitability: 1 · 0 · 1
Valuation: 1 · 1 · 1
| Factor | HBAN | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +5.8% | Bad beats 33% | +8.3% | – | – |
| Revenue growth, last year | +6.4% | Average beats 45% | +6.9% | +6.4% | ≈ In line |
| EPS growth, 3 years a year | −1.4% | Bad beats 15% | +12.7% | – | – |
| Profitability | |||||
| Net margin | 131.1% | Good beats 93% | 21.8% | 139.4% | ≈ In line |
| Return on equity | 6.8% | Bad beats 11% | 15.7% | 9.8% | ▼ Worse |
| Valuation | |||||
| P/E ratio | 13.5x | Average beats 57% | 13.8x | 11.8x | ▼ Worse |
| Price / book | 0.9x | Good beats 98% | 2.2x | 1.1x | ≈ In line |
| Price / sales | 17.7x | Bad beats 7% | 3.1x | 16.4x | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings), and banks and insurers are rated only on the factors that apply to them. A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 2 Good · ● 5 Average · ● 6 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyBad
Balance sheet
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 43/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $1.4B | $1.5B | $1.6B |
| Operating income | $1.7B | $3.5B | $5.9B | $2.4B | $2.7B |
| Net income | $1.3B | $2.2B | $2.0B | $1.9B | $2.2B |
| Operating cash flow | $2.1B | $4.0B | $2.7B | $1.8B | $2.5B |
| Operating margin | 150.9% | 262.5% | 418.6% | 163.7% | 172.1% |
| Free cash flow | $1.8B | $3.8B | $2.5B | $1.7B | $2.2B |
| Diluted EPS | $0.90 | $1.45 | $1.24 | $1.22 | $1.39 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 3 neutral · 8 bearish
Weekly
Strongly bearish
2 bullish · 1 neutral · 9 bearish
Monthly
Neutral
3 bullish · 1 neutral · 4 bearish
Moving averages (daily)
| SMA 10 | 15.38 | Bullish |
| EMA 10 | 15.45 | Bullish |
| SMA 20 | 15.35 | Bullish |
| EMA 20 | 15.50 | Bullish |
| SMA 50 | 16.10 | Bearish |
| EMA 50 | 15.93 | Bearish |
| SMA 100 | 16.67 | Bearish |
| EMA 100 | 16.25 | Bearish |
| SMA 200 | 16.49 | Bearish |
| EMA 200 | 16.29 | Bearish |
Oscillators (daily)
| RSI (14) | 51.43 | Neutral |
| MACD (12, 26) | -0.14 | Bearish |
| Momentum (12) | 2.15 | Bullish |
| Stochastic %K (14) | 76.68 | Neutral |
| Williams %R (14) | -23.32 | Neutral |
| CCI (20) | 183.8 | Bearish |
Pivot points (classic, last session)
S3 15.04 | S2 15.26 | S1 15.46 | Pivot 15.67 | R1 15.87 | R2 16.09 | R3 16.29 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.62 USD
Yield on today's price
3.96%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 | |
| 0.1550 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold HBAN
| ETF | Share of the fund |
|---|---|
| KBWB Invesco KBW Bank | 3.65% |
| KRE SPDR S&P Regional Banking | 1.33% |
| SPHD Invesco S&P 500 High Dividend Low Vola... | 1.33% |
| DVY iShares Select Dividend | 1.16% |
| SPYD SPDR Portfolio S&P 500 High Dividend | 1.13% |
| KBE SPDR S&P Bank | 0.98% |
| DPST Direxion Daily Regional Banks Bull 3X | 0.86% |
| FDL First Trust Morningstar Dividend Leade... | 0.84% |
The eight funds with the largest weight in HBAN among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
HBAN stock splits
HBAN has split its stock 8 times since 1990. The latest was a 11-for-10 split on 12 Jul 2000.
Full HBAN stock split history →HBAN SEC filings
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Regulation FD disclosure
8-KSEC EDGAR
Director or officer change
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.