Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
17 March 1980Website:
http://www.huntington.comNext earnings report:
17 January 2025Last dividends:
17 September 2024Next dividends:
18 December 2024Price
after hours | 15 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
HBAN Latest News
COLUMBUS, Ohio, Nov. 7, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) has revealed that it will lower its prime rate from 8 percent to 7.75 percent, starting on November 8, 2024. The last adjustment to Huntington's rate occurred on September 19, 2024, when it dropped from 8.5 percent to 8 percent.
Huntington Bancshares has performed well, achieving a 62% increase in the last year, thanks to its strong deposit business and good credit practices. Although there are some challenges with net interest margins, the bank has expanded its assets and non-interest income, especially in wealth management and capital markets. Its reasonable exposure to commercial real estate and strong credit fundamentals, like a 0.62% non-performing asset ratio, help maintain its stability.
COLUMBUS, Ohio, Oct. 24, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will take part in the 2024 BancAnalysts Association of Boston Conference on Thursday, November 7, 2024. Zach Wasserman, the chief financial officer, is set to speak to analysts and investors at 2:15 PM (Eastern Time).
COLUMBUS, Ohio, Oct. 17, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated has announced that its Board of Directors has declared a quarterly cash dividend of $0.155 per common share, which remains the same as last quarter. This cash dividend will be paid on January 2, 2025, to shareholders who are on record as of December 18, 2024.
Huntington Bancshares (HBAN) reported quarterly earnings of $0.33 per share, which is higher than the Zacks Consensus Estimate of $0.30 per share. This is a decrease compared to earnings of $0.36 per share from the same time last year.
HBAN's results for the third quarter show improvement due to higher fee income and an increase in loan and deposit balances. However, there are worries about decreased net interest income and rising costs.
Increasing costs and declining asset quality may negatively impact HBAN's results for the third quarter. However, strong fee income and growth in net interest income could provide some support.
COLUMBUS, Ohio, Oct. 10, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) is set to announce its financial results for the third quarter of 2024 before the market opens on Thursday, October 17, 2024. At that time, a news release and additional financial information will be accessible in the Investor Relations section of the company's website (www.huntington-ir.com).
COLUMBUS, Ohio, Sept. 18, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) has revealed that it will lower its prime rate from 8.5 percent to 8 percent, starting on September 19, 2024.
Investors looking at stocks in the Banks - Midwest sector may be familiar with Huntington Bancshares (HBAN) and Commerce Bancshares (CBSH). However, which of these two stocks is more appealing to value investors?
What type of business is Huntington Bancshares Incorporated?
Huntington Bancshares Incorporated is a subsidiary banking company of Huntington National Bank. The Consumer and Business Banking segment offers financial products and services such as checking accounts, savings accounts, money market accounts, certificates of deposit, etc. The Commercial Banking segment provides banking solutions and asset financing services; corporate risk management services; and other financial solutions. The Vehicle Financing segment provides consumer financing for the purchase of cars, light trucks, recreational vehicles, and marine vessels on franchise terms. The RBHPCG segment provides services in deposits, lending, banking operations... Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
What sector is Huntington Bancshares Incorporated in?
Huntington Bancshares Incorporated is in the Financial Services sector
What industry is Huntington Bancshares Incorporated in?
Huntington Bancshares Incorporated is in the Banks - Regional industry
What country is Huntington Bancshares Incorporated from?
Huntington Bancshares Incorporated is headquartered in United States
When did Huntington Bancshares Incorporated go public?
Huntington Bancshares Incorporated initial public offering (IPO) was on 17 March 1980
What is Huntington Bancshares Incorporated website?
https://www.huntington.com
Is Huntington Bancshares Incorporated in the S&P 500?
Yes, Huntington Bancshares Incorporated is included in the S&P 500 index
Is Huntington Bancshares Incorporated in the NASDAQ 100?
No, Huntington Bancshares Incorporated is not included in the NASDAQ 100 index
Is Huntington Bancshares Incorporated in the Dow Jones?
No, Huntington Bancshares Incorporated is not included in the Dow Jones index
When was Huntington Bancshares Incorporated the previous earnings report?
No data
When does Huntington Bancshares Incorporated earnings report?
The next expected earnings date for Huntington Bancshares Incorporated is 17 January 2025