NASDAQ: HBAN
Huntington Bancshares
Financials · National Commercial Banks
52-week range
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$30.8B
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| Period | Market cap |
|---|---|
| FY2016, ended Dec 31, 2016 | $14.4B |
| FY2017, ended Dec 31, 2017 | $15.6B |
| FY2018, ended Dec 31, 2018 | $12.5B |
| FY2019, ended Dec 31, 2019 | $15.4B |
| FY2020, ended Dec 31, 2020 | $12.8B |
| FY2021, ended Dec 31, 2021 | $22.2B |
| FY2022, ended Dec 31, 2022 | $20.3B |
| FY2023, ended Dec 31, 2023 | $18.4B |
| FY2024, ended Dec 31, 2024 | $23.7B |
| FY2025, ended Dec 31, 2025 | $35.2B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $30.8B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$10.4B
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| Period | Revenue |
|---|---|
| FY2016, ended Dec 31, 2016 | $3.52B |
| FY2017, ended Dec 31, 2017 | $4.31B |
| FY2018, ended Dec 31, 2018 | $4.51B |
| FY2019, ended Dec 31, 2019 | $4.67B |
| FY2020, ended Dec 31, 2020 | $4.82B |
| FY2021, ended Dec 31, 2021 | $5.99B |
| FY2022, ended Dec 31, 2022 | $7.25B |
| FY2023, ended Dec 31, 2023 | $7.36B |
| FY2024, ended Dec 31, 2024 | $7.38B |
| FY2025, ended Dec 31, 2025 | $8.17B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $10.4B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $712M | $1.09B |
| FY2017, ended Dec 31, 2017 | $1.19B | $1.76B |
| FY2018, ended Dec 31, 2018 | $1.39B | $1.62B |
| FY2019, ended Dec 31, 2019 | $1.41B | $1.47B |
| FY2020, ended Dec 31, 2020 | $817M | $1.20B |
| FY2021, ended Dec 31, 2021 | $1.29B | $1.81B |
| FY2022, ended Dec 31, 2022 | $2.24B | $3.81B |
| FY2023, ended Dec 31, 2023 | $1.95B | $2.52B |
| FY2024, ended Dec 31, 2024 | $1.94B | $1.69B |
| FY2025, ended Dec 31, 2025 | $2.21B | $2.21B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $2.49B | $2.92B |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$16.8B
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| Period | Cash and cash equivalents |
|---|---|
| FY2016, ended Dec 31, 2016 | $1.39B |
| FY2017, ended Dec 31, 2017 | $1.52B |
| FY2018, ended Dec 31, 2018 | $2.67B |
| FY2019, ended Dec 31, 2019 | $1.17B |
| FY2020, ended Dec 31, 2020 | $6.59B |
| FY2021, ended Dec 31, 2021 | $5.52B |
| FY2022, ended Dec 31, 2022 | $6.70B |
| FY2023, ended Dec 31, 2023 | $10.1B |
| FY2024, ended Dec 31, 2024 | $12.8B |
| FY2025, ended Dec 31, 2025 | $13.5B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $16.8B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$23.4B
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| Period | Total debt |
|---|---|
| FY2016, ended Dec 31, 2016 | $12.0B |
| FY2017, ended Dec 31, 2017 | $14.3B |
| FY2018, ended Dec 31, 2018 | $10.6B |
| FY2019, ended Dec 31, 2019 | $12.5B |
| FY2020, ended Dec 31, 2020 | $8.54B |
| FY2021, ended Dec 31, 2021 | $7.44B |
| FY2022, ended Dec 31, 2022 | $11.7B |
| FY2023, ended Dec 31, 2023 | $13.0B |
| FY2024, ended Dec 31, 2024 | $16.6B |
| FY2025, ended Dec 31, 2025 | $18.5B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $23.4B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Up 85.6% since 2016.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.2.02B
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| Period | Shares outstanding |
|---|---|
| FY2016, ended Dec 31, 2016 | 1.09B |
| FY2017, ended Dec 31, 2017 | 1.07B |
| FY2018, ended Dec 31, 2018 | 1.05B |
| FY2019, ended Dec 31, 2019 | 1.02B |
| FY2020, ended Dec 31, 2020 | 1.02B |
| FY2021, ended Dec 31, 2021 | 1.44B |
| FY2022, ended Dec 31, 2022 | 1.44B |
| FY2023, ended Dec 31, 2023 | 1.45B |
| FY2024, ended Dec 31, 2024 | 1.45B |
| FY2025, ended Dec 31, 2025 | 2.03B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | 2.02B |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Net: $177M more issued than bought back
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| Period | Bought back | Paid to employees | Sold for cash | Used in acquisitions |
|---|---|---|---|---|
| FY2016, ended Dec 31, 2016 | $0 | $66.0M | $0 | $2.77B |
| FY2017, ended Dec 31, 2017 | $260M | $92.0M | — | — |
| FY2018, ended Dec 31, 2018 | $939M | $78.0M | — | $0 |
| FY2019, ended Dec 31, 2019 | $441M | $83.0M | — | — |
| FY2020, ended Dec 31, 2020 | $92.0M | $77.0M | — | — |
| FY2021, ended Dec 31, 2021 | $650M | $129M | — | $6.96B |
| FY2022, ended Dec 31, 2022 | $0 | $105M | — | — |
| FY2023, ended Dec 31, 2023 | $0 | $97.0M | — | — |
| FY2024, ended Dec 31, 2024 | — | $106M | — | — |
| FY2025, ended Dec 31, 2025 | — | $113M | — | $1.66B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | — | $177M | — | — |
Revenue (TTM)
$10.4B
+30.6% YoY
Net income (TTM)
$2.49B
+12.1% YoY
Cash
$16.8B
+32.0% YoY
Total debt
$23.4B
+33.2% YoY
Valuation
At current price- Market Cap
- $31.8B
- P/E
- 12.8×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 3.1×
- Price / Book
- 1.0×
- EV / EBITDA
- —. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $10.4B
- Revenue Growth YoY
- 30.6%
- Revenue CAGR 3Y
- 4.0%
- Revenue CAGR 5Y
- 11.1%
- EPS Growth YoY
- −14.7%
- Net Income Growth YoY
- 12.1%
Profitability
Trailing 12 months- Gross Margin
- —
- Operating Margin
- —
- Net Margin
- 24.0%
- FCF Margin
- 28.1%
- Return on Equity
- 9.1%
Earnings
Trailing 12 months- Net Income
- $2.49B
- EPS (diluted)
- $1.22
- EBITDA
- —. Operating income + depreciation & amortization
- Operating Income
- —
Balance Sheet
As of Sep 30, 2026- Cash and cash equivalents
- $16.8B
- Total Debt
- $23.4B
- Net Debt
- $6.59B
- Total Assets
- $288B
- Total Liabilities
- $256B
- Shareholders' Equity
- $32.2B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $3.35B
- Capital Expenditure
- $428M
- Free Cash Flow
- $2.92B
Dividends and risk
Last 12 months- Dividend Yield
- 3.9%
- Dividend / Share
- $0.62
- Beta (5Y)
- 0.95
Every ratio is calculated from the company’s reported figures.
Strength
Revenue grew 30.6% over the last year, to $10.4B.
Note
Net margin of 24.0% over the last 12 months.
Strength
Turns 28.1% of revenue into free cash flow.
Watch
Share count is up 38.1% in a year, diluting holders.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-Q for the quarter ended Sep 30, 2026 · filed Oct 27, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K57Nothing notable
10-K for the fiscal year ended Dec 31, 2025
Filed Feb 13, 2026 · Read the filing on EDGAR
- Net income rose 14% to $2.2 billion and revenue rose 11% to about $8.2 billion, but both main business segments earned less than in 2024.
- Huntington bought Veritex in October 2025 and closed the much larger $8.1 billion Cadence deal in February 2026, adding $54 billion in assets.
- Interest margin improved to 3.13% from 3.00% as funding costs fell, and loan losses dropped to 0.23% of loans from 0.30%.
- The Board approved a $1.0 billion share buyback in April 2025, but no shares have been repurchased under it.
Business momentum
Mixed
“Consumer & Regional Banking reported net income of $1.5 billion in 2025, a decrease of $50 million, or 3%, compared to the year-ago period.”
Outlook
Neutral
“Looking ahead, government spending initiatives and tax provisions expected to take effect in early 2026 have further improved the economic outlook, leading many economists to reduce their assessed probability for a recession in 2026.”
Financial stress
Low
“As of December 31, 2025, we believe the Bank has sufficient liquidity and capital resources to meet its cash flow obligations over the next 12 months and for the foreseeable future.”
Tone against the previous report
More positive
Red flags
None found in this report.
Positives
Lending income grew 12% on a wider margin and more loans
“Net interest income was $6.0 billion in 2025, an increase of $646 million, or 12%, from 2024.”
Fee income rose 7%, led by deposit, loan and wealth fees
“Noninterest income was $2.2 billion, an increase of $135 million, or 7%, from the prior year.”
Loan losses fell, helped by recoveries on commercial property loans
“NCOs were 0.23% of average loans and leases in 2025, down from 0.30% in 2024, largely due to net recoveries on commercial real estate loans.”
Concerns
Profit fell in Commercial Banking as well as Consumer Banking; a smaller Treasury loss drove the overall gain
“Commercial Banking reported net income of $1.1 billion in 2025, a decrease of $28 million, or 2%, compared to the year-ago period.”
Costs rose 10%, including $168 million of acquisition expenses
“Noninterest expense was $5.0 billion, an increase of $453 million, or 10%, from the prior year.”
Problem assets rose 15%, partly from loans taken on with Veritex
“NPAs increased from December 31, 2024 by $123 million, or 15%, to $945 million”
New risks since the previous report
Integrating the large Cadence merger could cost more or deliver less than expected
“Combining Huntington and Cadence may be more difficult, costly or time consuming than expected and Huntington and Cadence may fail to realize the anticipated benefits of the Cadence Merger.”
Greater size brings stricter regulatory standards after the Cadence deal
“which will cause Huntington to become subject to standards currently applicable to Category III banking organizations under the Federal Reserve’s Regulation YY, following the applicable transition period”
Commercial property lending jumped, with new exposure in Texas, through Veritex
“Our CRE portfolio totaled $15.2 billion at December 31, 2025, an increase of $4.1 billion, or 37%, compared to December 31, 2024, driven by loans acquired as a result of the completion of the Veritex acquisition.”
Use of AI could bring legal, regulatory and operational harm
“We use AI in connection with our business and operations, which exposes us to inherent risks that may expose us to material harm.”
Biggest risks named
- Integrating the Cadence and Veritex acquisitions and achieving expected savings
- Weak economy or tariffs raising loan losses, especially on commercial loans and property
- Interest rate changes squeezing lending income and securities values
- Loss of depositor confidence or access to funding markets
- Cyber-attacks and failures at third-party providers
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | −3 | |
| Outlook | 0 | |
| Tone against the previous report | +2 | |
| Financial stress | 0 | |
| Red flags | 0 | |
| New risks | −2 | |
| Score | 57 | |
Written by AI (Claude Opus 5.5) from the report’s text. 13 of 13 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-Q | Oct 27, 2026 | Pro | |||
| 10-K | Feb 13, 2026 | 57 | Mixed | None | |
| 10-K | Feb 14, 2025 | 59 | Stable | None | |
| 10-K | Feb 16, 2024 | 51 | Mixed | 1 medium | |
| 10-K | Feb 17, 2023 | 68 | Strong improvement | None | |
| 10-K | Feb 18, 2022 | 75 | Strong improvement | None | |
| 10-K | Feb 26, 2021 | 44 | Sharp deterioration | None | |
| 10-K | Feb 14, 2020 | 61 | Stable | None | |
| 10-K | Feb 15, 2019 | 67 | Improving | None | |
| 10-K | Feb 16, 2018 | 75 | Strong improvement | None |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q3 FY2026 (period ended Sep 30, 2026), filed Oct 27, 2026. View filings on SEC EDGAR