Huntington Tax Provision from 2010 to 2024

HBANL Stock  USD 26.14  0.03  0.11%   
Huntington Bancshares Tax Provision yearly trend continues to be quite stable with very little volatility. The value of Tax Provision is projected to decrease to about 389.4 M. Tax Provision is the amount set aside by Huntington Bancshares Incorporated to cover any estimated taxes for the current period. It reflects Huntington Bancshares' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
558 M
Current Value
389.4 M
Quarterly Volatility
109.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Huntington Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Huntington Bancshares' main balance sheet or income statement drivers, such as Other Operating Expenses of 8.8 B, Operating Income of 2.5 B or EBIT of 2.5 B, as well as many indicators such as Price To Sales Ratio of 2.18, Dividend Yield of 0.0314 or PTB Ratio of 1.68. Huntington financial statements analysis is a perfect complement when working with Huntington Bancshares Valuation or Volatility modules.
  
Check out the analysis of Huntington Bancshares Correlation against competitors.

Latest Huntington Bancshares' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Huntington Bancshares Incorporated over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Huntington Bancshares' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Huntington Bancshares' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Huntington Tax Provision Regression Statistics

Arithmetic Mean292,760,000
Geometric Mean277,631,590
Coefficient Of Variation37.43
Mean Deviation78,048,000
Median248,000,000
Standard Deviation109,575,837
Sample Variance12006.9T
Range403M
R-Value0.60
Mean Square Error8335.3T
R-Squared0.36
Significance0.02
Slope14,606,429
Total Sum of Squares168096.1T

Huntington Tax Provision History

2024389.4 M
2023558 M
2022515 M
2021294 M
2020155 M

About Huntington Bancshares Financial Statements

Huntington Bancshares investors utilize fundamental indicators, such as Tax Provision, to predict how Huntington Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision558 M389.4 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:
Check out the analysis of Huntington Bancshares Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
0.62
Revenue Per Share
4.613
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0087
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.