Huntington Bancshares IncorporatedHBAN
NasdaqGS•Financial Services•Banks - Regional
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services. It offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. The company also provides 24-Hour Grace, Asterisk-Free Checking, Money Scout, $50 Safety Zone, Standby Cash, Early Pay, Instant Access, Savings Goal Getter, And Huntington Heads Up; digitally powered consumer and business financial solutions to consumer finance, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans; dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. In addition, it offers equipment financing, asset-based lending, distribution finance, structured lending, municipal financing solutions, and Huntington ChoicePay. Additionally, the company provides lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, fund finance, Native American financial, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.
as of March 2026
Are revenues and earnings expanding?
$21.98B in TTM revenue grew 11.7% YoY, reaching $6.29B last quarter. TTM EBITDA of $2.68B on operating income of $641.00M shows growth is flowing through. Net income of $2.21B TTM confirms the company is converting revenue into profit. Revenue is growing at a healthy pace — a signal to hold.
Is revenue turning into profit effectively?
Op. margin of 10.2% is down 3.2% YoY — costs are rising relative to revenue. Net margin at 8.3% and gross margin of 62.0%. ROE of 6.8% shows the company generates solid returns on shareholder equity.
Is the stock cheap or expensive?
At 14.3x P/E, the stock trades below market averages — potentially undervalued. P/S of 1.4x and P/B of 1.0x provide additional context. Below-market P/E with growing revenue suggests a potential buying opportunity — the stock may be undervalued relative to its fundamentals.
Is the company financially stable?
With $285.37B in assets and $21.59B in long-term debt, the D/E of 0.7 shows a conservative capital structure — the company has a strong financial cushion to weather downturns.
Is the business self-funding?
FCF of $400.00M on $524.00M in operating cash flow. The FCF / Net Income ratio of 0.2x indicates partial cash conversion — earnings quality needs attention. Cash reserves of $2.10B provide financial flexibility. Shares outstanding rose 28.5% YoY — shareholder dilution is eroding per-share value.
Competitive analysis based on 63 quarters of fundamental data
Operating margins are positive at ~12.6% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~9.1% on average, adequate but below the threshold typically associated with wide moats.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~18.1% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 63 quarters
Operating margins declined 5.1% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 0.9x on average — earnings are well-supported by cash generation.
D/E ratio is 0.7 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 28.8% — significant dilution, likely from stock compensation or capital raises.