HUNTINGTON BANCSHARES INC (HBAN)
US4461501045 - Common Stock
Taking everything into account, HBAN scores 3 out of 10 in our fundamental rating. HBAN was compared to 411 industry peers in the Banks industry. HBAN may be in some trouble as it scores bad on both profitability and health. HBAN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HBAN was profitable.
HBAN had a positive operating cash flow in the past year.
In the past 5 years HBAN has always been profitable.
In the past 5 years HBAN always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HBAN (0.84%) is comparable to the rest of the industry.
HBAN's Return On Equity of 8.42% is in line compared to the rest of the industry. HBAN outperforms 46.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.84% | ||
| ROE | 8.42% | ||
| ROIC | N/A |
ROA(3y)0.93%
ROA(5y)0.92%
ROE(3y)9.12%
ROE(5y)8.84%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HBAN has a Profit Margin of 22.61%. This is comparable to the rest of the industry: HBAN outperforms 47.33% of its industry peers.
In the last couple of years the Profit Margin of HBAN has declined.
HBAN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.61% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y18.35%
PM growth 5Y-3.39%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HBAN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HBAN has more shares outstanding
HBAN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HBAN has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of HBAN is 4.35, which is a neutral value as it means it would take HBAN, 4.35 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.35, HBAN is not doing good in the industry: 61.41% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.64 indicates that HBAN is somewhat dependend on debt financing.
The Debt to Equity ratio of HBAN (0.64) is worse than 75.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 4.35 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.88%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for HBAN have decreased strongly by -16.77% in the last year.
HBAN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.13% yearly.
Looking at the last year, HBAN shows a decrease in Revenue. The Revenue has decreased by -4.45% in the last year.
The Revenue has been growing by 10.29% on average over the past years. This is quite good.
EPS 1Y (TTM)-16.77%
EPS 3Y25.99%
EPS 5Y3.13%
EPS growth Q2Q-28.21%
Revenue 1Y (TTM)-4.45%
Revenue growth 3Y15.19%
Revenue growth 5Y10.29%
Revenue growth Q2Q-8.02%
3.2 Future
The Earnings Per Share is expected to grow by 3.11% on average over the next years.
Based on estimates for the next years, HBAN will show a small growth in Revenue. The Revenue will grow by 3.79% on average per year.
EPS Next Y-11.45%
EPS Next 2Y1.78%
EPS Next 3Y5.24%
EPS Next 5Y3.11%
Revenue Next Year0.01%
Revenue Next 2Y3.28%
Revenue Next 3Y3.79%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HBAN is valuated reasonably with a Price/Earnings ratio of 11.02.
HBAN's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.60. HBAN is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.80, the valuation of HBAN can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as HBAN.
When comparing the Price/Forward Earnings ratio of HBAN to the average of the S&P500 Index (20.15), we can say HBAN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.02 | ||
| Fwd PE | 9.8 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, HBAN is valued a bit cheaper than the industry average as 71.60% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.24 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.52
EPS Next 2Y1.78%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.38%, HBAN is a good candidate for dividend investing.
HBAN's Dividend Yield is a higher than the industry average which is at 3.65.
Compared to an average S&P500 Dividend Yield of 2.32, HBAN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
5.2 History
The dividend of HBAN has a limited annual growth rate of 5.35%.
HBAN has been paying a dividend for at least 10 years, so it has a reliable track record.
HBAN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)5.35%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
64.04% of the earnings are spent on dividend by HBAN. This is not a sustainable payout ratio.
HBAN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP64.04%
EPS Next 2Y1.78%
EPS Next 3Y5.24%
HUNTINGTON BANCSHARES INC
NASDAQ:HBAN (5/17/2024, 7:03:26 PM)
After market: 14.14 -0.07 (-0.49%)14.21
+0.04 (+0.28%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap20.59B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.02 | ||
| Fwd PE | 9.8 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.84% | ||
| ROE | 8.42% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 22.61% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-16.77%
EPS 3Y25.99%
EPS 5Y
EPS growth Q2Q
EPS Next Y-11.45%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.45%
Revenue growth 3Y15.19%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y