Quick Overview of Huntington Bancshares

By Naomi Wentworth • Wednesday, August 27 15:28 • Permanent Link

Join us for a quick overview of Huntington Bancshares, a Banking company whose shares moved 1.9% today. Here are some facts about the stock that should help you see the bigger picture:

Huntington Bancshares has moved 19.5% over the last year, and the S&P 500 logged a change of 15.6%
HBAN has an average analyst rating of buy and is -7.07% away from its mean target price of $19.17 per share
Its trailing earnings per share (EPS) is $1.34
Huntington Bancshares has a trailing 12 month Price to Earnings (P/E) ratio of 13.3 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $1.34 and its forward P/E ratio is 13.3
The company has a Price to Book (P/B) ratio of 1.37 in contrast to the S&P 500's average ratio of 4.74
Huntington Bancshares is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
HBAN has reported YOY quarterly earnings growth of 13.3% and gross profit margins of 0.0%
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company 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. It 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 lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as 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. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.