Huntington Bancshares

Financial Services banks holding company insurance investment lending

The companys Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management services and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, and excess and surplus product lines of insurance. The companys Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; brokerage, annuities, advisory, and other investment products. The companys Home Lending segment offers consumer loans and mortgages. The company also offers equipment leasing; and online, mobile, and telephone banking services.

Company Growth (employees)

Type

Public

Columbus, US

Founded

1866

Size (employees)

15,993 (est)

Website

huntington.com

Huntington Bancshares was founded in 1866 and is headquartered in Columbus, US

Huntington Bancshares Office Locations

Huntington Bancshares has an office in Columbus

Columbus, US (HQ)

41 S High St

Huntington Bancshares Data and Metrics

Huntington Bancshares Financial Metrics

Huntington Bancshares's revenue was reported to be $2.6 b in FY, 2016 which is a 24% increase from the previous period.

Summary

USD

Huntington Bancshares's current market capitalization is $14.4 b.

Income Statement

USD	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue		2.9 b	3 b	2.1 b	2.6 b
Revenue growth, %			3%	(28%)	24%
Cost of goods sold				163.8 m	262.8 m
Gross profit				2 b	2.4 b
Gross profit Margin, %				92%	90%
Sales and marketing expense					63 m
Operating expense total				2 b	2.4 b
EBIT		1.6 b	1.8 b	913.6 m	2.4 b
EBIT margin, %		56%	59%	43%	90%
Interest expense	219.7 m
Interest income		1.9 b	2 b
Pre tax profit		868.8 m	853 m	913.6 m	919.8 m
Income tax expense	202.3 m	227.5 m	220.6 m	220.6 m	207.9 m
Net Income		638.7 m	632.4 m	693 m	711.8 m

Balance Sheet

USD	FY, 2013	FY, 2014	Y, 2015	FY, 2016
Cash	1 b	1.2 b	847.2 m	1.4 b
PP&E	634.7 m	616.4 m	620.5 m	815.5 m
Goodwill	444.3 m	522.5 m	676.9 m	2 b
Total Assets	59.5 b	66.3 b	71 b	99.7 b
Accounts Payable				75.6 b
Total Debt	2.4 b		7.7 b	12 b
Total Liabilities				89.4 b
Common Stock	8.3 m	8.1 m	8 m	10.9 m
Preferred Stock		362.5 m	362.5 m
Additional Paid-in Capital	7.4 b	7.2 b	7 b	9.9 b
Total Equity	6.1 b	6.3 b	6.6 b	10.3 b
Debt to Equity Ratio	0.4 x		1.2 x	1.2 x
Debt to Assets Ratio	0 x		0.1 x	0.1 x
Financial Leverage	9.8 x	10.5 x	10.8 x	9.7 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	638.7 m	632.4 m	693 m	711.8 m
Depreciation and Amortization	281.5 m	332.8 m	27.9 m	30.5 m
Cash From Operating Activities	1 b	888.8 m	1 b	1.2 b
Cash From Investing Activities	(4.2 b)	(5 b)	(4.9 b)	(3.4 b)
Dividends Paid	(31.9 m)	(31.9 m)	(31.9 m)	(54.4 m)
Cash From Financing Activities	3 b	4.3 b	3.5 b	2.8 b
Interest Paid	155.8 m	131.5 m	150.4 m	241.1 m
Income Taxes Paid	109.4 m	139.9 m	153.6 m	5 m