Huntington Bancshares

OverviewSuggest Edit

Huntington Bancshares is a holding company for The Huntington National Bank. The Bank provides full-service commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.

TypePublic
Founded1866
HQColumbus, OH, US
Websitehuntington.com
Employee Ratings3.6
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)15,578
Job Openings1,286
Revenue (FY, 2020)$5.2 B(-7%)
Share Price (May 2022)$13.1(+2%)
Cybersecurity ratingBMore
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Key People/Management at Huntington Bancshares

Stephen D. Steinour

Stephen D. Steinour

Chairman, President and Chief Executive Officer
Lizabeth Ardisana

Lizabeth Ardisana

Director
Paul Heller

Paul Heller

Senior Executive Vice President, Chief Technology & Operations Officer
Rajeev Syal

Rajeev Syal

Senior Executive Vice President, Chief Human Resources Officer
Jana Litsey

Jana Litsey

Senior Executive Vice President and General Counsel
J. Michael Hochschwender

J. Michael Hochschwender

Director
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Huntington Bancshares Office Locations

Huntington Bancshares has an office in Columbus
Columbus, OH, US (HQ)
41 S High St
Show all (1)

Huntington Bancshares Financials and Metrics

Huntington Bancshares Revenue

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View revenue for all periods
Huntington Bancshares's revenue was reported to be $5.24 b in FY, 2020 which is a 7.4% decrease from the previous period.
USD

Revenue (Q2, 2021)

257.0m

Net income (Q2, 2021)

(15.0m)

Market capitalization (13-May-2022)

19.2b

Closing stock price (13-May-2022)

13.1

Cash (30-Jun-2021)

1.5b

EV

25.5b
Huntington Bancshares's current market capitalization is $19.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

5.3b5.7b5.2b

Revenue growth, %

7%(7%)

Cost of goods sold

760.0m988.0m423.0m

Gross profit

4.5b4.7b4.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.4b1.4b1.4b1.3b1.3b1.3b1.3b257.0m

Cost of goods sold

248.0m256.0m253.0m185.0m110.0m75.0m103.0m

Gross profit

1.1b1.2b1.2b1.2b1.2b1.2b1.2b

Gross profit Margin, %

82%82%82%86%91%94%92%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.1b1.0b1.3b

Accounts Receivable

74.1b74.6b79.8b

PP&E

790.0m763.0m757.0m

Goodwill

2.0b2.0b2.0b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.4b1.4b817.0m

Depreciation and Amortization

493.0m386.0m367.0m

Cash From Operating Activities

1.7b1.6b1.3b

Purchases of PP&E

(110.0m)(107.0m)(119.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

358.0m722.0m1.1b48.0m198.0m501.0m532.0m517.0m

Depreciation and Amortization

131.0m204.0m308.0m119.0m178.0m258.0m71.0m274.0m

Cash From Operating Activities

497.0m852.0m898.0m498.0m710.0m1.3b(111.0m)988.0m

Purchases of PP&E

(24.0m)(51.0m)(82.0m)(11.0m)(49.0m)(82.0m)(22.0m)(99.0m)
USDFY, 2018

Revenue/Employee

335.8k

Debt/Equity

1 x

Debt/Assets

0.1 x

Financial Leverage

9.8 x
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Huntington Bancshares Operating Metrics

Huntington Bancshares's Total Loans was reported to be $80.2b in Q1, 2021. Huntington Bancshares's Assets Under Management was reported to be $20.7b in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Assets Under Management

$15.3 b$16.4 b$16.5 b$16.8 b$17.5 b$15.8 b$17.4 b$18.1 b$19.8 b$20.7 b

Bank Branches

944898868868856839839839828814

Offices

101211

Total Loans

$74.9 b$75.08 b$75.03 b$74.89 b$75.4 b$78.04 b$80.14 b$81.16 b$81.61 b$80.23 b

Huntington Bancshares Acquisitions / Subsidiaries

Company NameDateDeal Size
Hutchinson, Shockey, Erley & Co.August 09, 2018
First Merit BankJanuary 26, 2016$3.4 b
Macquarie Equipment FinanceApril 01, 2015
Camco FinancialOctober 11, 2013$97 m
Sky Financial GroupDecember 20, 2006$3.6 b
41 South High Ltd.
7575 Corporation
791, 801, AND 803 W. Big Beaver Road, LLC
AFL-HBAN Solar Trust
AM-HBAN Solar Trust
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Huntington Bancshares Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Huntington Bancshares Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Huntington Bancshares Online and Social Media Presence

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Huntington Bancshares Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    B+

    75/100

  • Compensation

    B-

    67/100

  • Diversity

    C+

    68/100

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Huntington Bancshares News and Updates

Stephens Co. upgrades Huntington Bancshares to overweight

Stephens Co. analyst Terry McEvoy on Monday upgraded Huntington Bancshares Inc. to overweight from equal-weight and raised the lender's price target by $1 to $17 a share. McEvoy cited a boost to the bank from its $22 billion acquisition of TCF Bank, which closed in July. "Over the next 18 months, w…

Huntington Bancshares Incorporated Announces Offers To Exchange Any And All Of Its Outstanding Subordinated Notes And Certain Outstanding Subordinated Notes Of The Huntington National Bank For 2.487% Fixed-To-Fixed Rate Subordinated Notes Due 2036 Issued By Huntington Bancshares Incorporated

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ -- Huntington Bancshares Incorporated ("Huntington") today announced it has commenced a series of private exchange offers (the "exchange offers") in which Huntington will offer to certain eligible holders of Huntington's 4.350% Subordinated Notes...

Huntington Bancshares Incorporated Announces Launch Of Private Offering Of Subordinated Notes

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ -- Huntington Bancshares Incorporated today announced that it has commenced a private offering of subordinated notes (the "Notes"). The Notes will be unsecured and subordinated in right of payment to the payment of Huntington's existing senior...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Huntington Bancshares, Inc. - HBAN

NEW YORK, Feb. 19, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...

Huntington Bancshares Incorporated Reports Full Year 2020 Earnings

COLUMBUS, Ohio, Jan. 22, 2021 /PRNewswire/ -- Full year 2020 highlights compared to full year 2019: Net income was $817 million, and earnings per common share (EPS) for the year were $0.69. Return on average assets for 2020 was 0.70%, return on average common equity was 6.8%, and return...

Huntington Bancshares Incorporated To Announce 2020 Fourth Quarter Earnings And Hold Earnings Conference Call January 22, 2021

COLUMBUS, Ohio, Dec. 18, 2020 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) expects to report its 2020 fourth quarter earnings on Friday, January 22, 2021, prior to the market opening. A news release and supporting financial data will be available...
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Huntington Bancshares Frequently Asked Questions

  • When was Huntington Bancshares founded?

    Huntington Bancshares was founded in 1866.

  • Who are Huntington Bancshares key executives?

    Huntington Bancshares's key executives are Stephen D. Steinour, Lizabeth Ardisana and Paul Heller.

  • How many employees does Huntington Bancshares have?

    Huntington Bancshares has 15,578 employees.

  • What is Huntington Bancshares revenue?

    Latest Huntington Bancshares annual revenue is $5.2 b.

  • What is Huntington Bancshares revenue per employee?

    Latest Huntington Bancshares revenue per employee is $336.2 k.

  • Who are Huntington Bancshares competitors?

    Competitors of Huntington Bancshares include China Zheshang Bank, United Bancorp and Bank of America.

  • Where is Huntington Bancshares headquarters?

    Huntington Bancshares headquarters is located at 41 S High St, Columbus.

  • Where are Huntington Bancshares offices?

    Huntington Bancshares has an office in Columbus.

  • How many offices does Huntington Bancshares have?

    Huntington Bancshares has 1 office.