Huntington Bancshares Inc
Exchange: NASDAQSector: Financial ServicesIndustry: Banks - Regional
Huntington Bancshares Incorporated is a $285 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates over 1,400 branches in 21 states, with certain businesses operating in extended geographies.
Current Price
$15.82
+2.33%GoodMoat Value
$33.47
111.6% undervaluedProfile
Valuation (TTM)
Market Cap$32.11B
P/E15.52
EV$26.72B
P/B1.32
Shares Out2.03B
P/Sales3.86
Revenue$8.31B
EV/EBITDA10.55
Huntington Bancshares Inc (HBAN) Stock Analysis
GoodMoat Analysis
Huntington Bancshares appears to be a fundamentally sound regional bank trading at a significant discount to its estimated intrinsic value. Its valuation metrics are favourable, but a low Moat Score suggests its competitive advantages may not be exceptionally durable.
Read full analysis
Huntington Bancshares is a regional bank operating in the U.S. Midwest. Applying the GoodMoat framework, the company's Moat Score is low, likely meeting few of the 14 criteria, as regional banking is a highly competitive industry with significant regulatory oversight but few unique, durable advantages like network effects or proprietary technology. This score of less than 5 would typically fail the initial 'Moat & Quality Gate' in the Decision Framework, suggesting the business lacks a wide economic moat. However, the company shows solid quality indicators with a strong 28.7% profit margin, a reasonable debt/equity ratio of 0.76, and a healthy 4% dividend yield. The valuation case is compelling: the stock trades at a P/E of 10.9 and offers a Free Cash Flow Yield of 9.8%, both indicating an inexpensive price. The provided GoodMoat Target of $33.47 implies a margin of safety of over 116% relative to the current $15.48 price, which far exceeds the 40% threshold for being 'Deeply Undervalued.' For a value investor, this presents a classic scenario: a stable, profitable business in a competitive sector priced at a deep discount to its estimated fair value. The investment thesis hinges on whether this valuation gap will close, outweighing concerns about the lack of a strong moat. Analysis based on data as of 2024-05-15.
Market Cap$32.11B
Current Price$15.82
P/E Ratio15.52
Forward P/E—
PEG Ratio-0.66
EPS$1.39
Book Value$11.99
P/B Ratio1.32
HBAN Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 7.1% FCF growth (CAGR)
Cash vs Debt
Net Debt: 4.4B
Revenue
4.4B
FY19
3.8B
FY20
6.0B
FY21
7.0B
FY22
7.0B
FY23
7.0B
FY24
7.7B
FY25
Net Income
1.4B
FY19
817M
FY20
1.3B
FY21
2.2B
FY22
2.0B
FY23
1.9B
FY24
2.2B
FY25
HBAN 52-Week Range
$14.75
$19.07
50-Day MA: $15.97200-Day MA: $16.53
Did you know?
Price sits at 25% of its 52-week range.
Huntington Bancshares Inc (HBAN) Financial Summary
Huntington Bancshares Inc (HBAN) is a Financial Services company in the Banks - Regional industry, listed on NASDAQ. The stock currently trades at $15.82 with a market capitalization of $32.11B.
Key valuation metrics include a P/E ratio of 15.52, price-to-book ratio of 1.32, and EPS of $1.39. The company reports a profit margin of 26.5% and return on equity of 9.1%.
HBAN Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $32.11B |
| P/E Ratio | 15.52 |
| EPS | $1.39 |
| P/B Ratio | 1.32 |
| P/S Ratio | 3.86 |
| EV/EBITDA | 10.55 |
| Dividend Yield | 2.83% |
| Profit Margin | 26.5% |
| Return on Equity | 9.1% |
| Debt/Equity | 0.76 |
HBAN Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $4.38B | $1.41B |
| FY20 | $3.77B | $817.00M |
| FY21 | $5.97B | $1.29B |
| FY22 | $6.96B | $2.24B |
| FY23 | $6.96B | $1.95B |
| FY24 | $6.96B | $1.94B |
| FY25 | $7.70B | $2.21B |
Huntington Bancshares Inc (HBAN) Valuation
Based on GoodMoat's DCF model, Huntington Bancshares Inc has a fair value estimate of $33.47. At the current price of $15.82, the stock appears 52.7% undervalued relative to our intrinsic value estimate.
HBAN Quality Indicators
Huntington Bancshares Inc maintains a profit margin of 26.5% and an operating margin of 34.9%. Return on equity stands at 9.1%. Debt-to-equity ratio is 0.76.
About Huntington Bancshares Inc
Huntington Bancshares Incorporated is a $285 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates over 1,400 branches in 21 states, with certain businesses operating in extended geographies.
HBAN Free Cash Flow
Huntington Bancshares Inc generated $2.21B in trailing twelve-month free cash flow, representing an FCF yield of 6.90%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
HBAN Shares Outstanding
Huntington Bancshares Inc has 2.03 billion shares outstanding at a share price of $15.82, giving it a market capitalization of $32.11B.
HBAN Recent Insider Trades
Recent insider transactions at Huntington Bancshares Inc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| ROLLINS JAMES D III | BUY | 6,500 | $111085.00 |
| STEINOUR STEPHEN D (President, CEO & Chairman) | BUY | 32,277 | $499970.73 |
| Nateri Prashant (Chief Corp Operations Officer) | SELL | 10,170.86 | $157648.30 |