Huntington Historical Income Statement

HBANL Stock  USD 26.47  0.26  0.99%   
Historical analysis of Huntington Bancshares income statement accounts such as EBIT of 2.5 B or Ebitda of 3.3 B can show how well Huntington Bancshares Incorporated performed in making a profits. Evaluating Huntington Bancshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huntington Bancshares's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Huntington Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Huntington Bancshares is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Huntington Income Statement Analysis

Huntington Bancshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Huntington Bancshares shareholders. The income statement also shows Huntington investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Huntington Bancshares Income Statement Chart

At this time, Huntington Bancshares' Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 433.6 M this year, although the value of Tax Provision will most likely fall to about 389.4 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Huntington Bancshares. It is also known as Huntington Bancshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Huntington Bancshares operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Huntington Bancshares Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Huntington Bancshares financial statement analysis. It represents the amount of money remaining after all of Huntington Bancshares Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Huntington Bancshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huntington Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Huntington Bancshares' Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 433.6 M this year, although the value of Tax Provision will most likely fall to about 389.4 M.
 2021 2022 2023 2024 (projected)
Operating Income1.6B3.8B2.4B2.5B
Other Operating Expenses4.4B91M7.4B7.7B

Huntington Bancshares income statement Correlations

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0.950.350.530.610.250.570.480.720.660.770.580.690.550.170.020.260.40.410.130.69
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0.560.620.620.690.680.690.680.770.810.670.760.640.410.71-0.11-0.270.940.910.910.83
0.260.70.630.650.640.690.720.60.640.550.70.550.130.72-0.09-0.240.970.860.910.64
0.840.460.540.660.780.630.590.890.970.710.80.630.690.64-0.07-0.40.70.750.830.64
Click cells to compare fundamentals

Huntington Bancshares Account Relationship Matchups

Huntington Bancshares income statement Accounts

201920202021202220232024 (projected)
Other Operating Expenses3.0B3.8B4.4B91M7.4B7.7B
Operating Income1.7B972M1.6B3.8B2.4B2.5B
Ebit1.7B1.2B1.7B3.0B2.4B2.5B
Ebitda1.7B1.3B2.0B3.2B3.2B3.3B
Total Operating Expenses(3.0B)(3.8B)(4.4B)91M7.4B7.7B
Net Income1.4B817M1.3B2.2B2.0B2.0B
Income Tax Expense248M155M294M515M413M433.7M
Depreciation And Amortization49M160M267M280M798M837.9M
Interest Expense988M423M89M696M3.5B3.7B
Selling General Administrative1.7B1.7B2.4B2.5B2.8B3.0B
Selling And Marketing Expenses37M38M89M91M115M120.8M
Total Revenue4.7B4.8B6.0B7.3B6.9B7.3B
Gross Profit4.7B4.8B6.0B1.3B6.9B7.3B
Income Before Tax1.7B972M1.6B2.8B2.4B2.5B
Total Other Income Expense Net1.7B(283M)(414M)(534M)20M21M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.