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Huntington Bancshares (HBAN)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $123 billion of assets and a network of 839 full-service branches, including 11 Private Client Group offices, and 1,322 ATMs across seven Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states.

Company profile

Ticker
HBAN, HBANP, HBANM
Exchange
CEO
Stephen Steinour
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HUNTINGTON BANCSHARES INC/MD
SEC CIK
Subsidiaries
41 South High Ltd. • 7575 Corporation • 791, 801, AND 803 W. Big Beaver Road, LLC • CASCADE Holdings, LLC • CE Capital, LLC • CHEMBACO, LLC • Community Bank Insurance Agency, Inc. • CREPD, LLC • FirstMerit Advisors, Inc. • FirstMerit Community Development Corporation ...
IRS number
310724920

HBAN stock data

Investment data

Data from SEC filings
1 long holdings
End of quarter 31 Mar 22
Value
 
#Shares
 
Prev Q
 
Change
%, QoQ
$203K 3.68K 3.77K -2.4
Holdings list only includes long positions. Only includes long positions.

Calendar

29 Jul 22
18 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 3.91B 3.91B 3.91B 3.91B 3.91B 3.91B
Cash burn (monthly) 205.33M 778.92M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 338.57M 1.28B n/a n/a n/a n/a
Cash remaining 3.57B 2.62B n/a n/a n/a n/a
Runway (months of cash) 17.4 3.4 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Aug 22 Wasserman Zachary Jacob Common Stock Payment of exercise Dispose F No No 14.35 20,585 295.39K 189,225.644
16 Aug 22 Wasserman Zachary Jacob Common Stock Payment of exercise Dispose F No No 14.35 20,583 295.37K 209,810.644
16 Aug 22 Wasserman Zachary Jacob Common Stock Sell Dispose S No No 14.361 11,618 166.85K 230,393.644
16 Aug 22 Wasserman Zachary Jacob Common Stock Option exercise Acquire M No No 8.57 26,392 226.18K 242,011.644
16 Aug 22 Wasserman Zachary Jacob Common Stock Option exercise Acquire M No No 8.57 26,394 226.2K 215,619.644
16 Aug 22 Wasserman Zachary Jacob Employee/Director Stock Option Common Stock Option exercise Dispose M No No 8.57 26,394 226.2K 105,574
16 Aug 22 Wasserman Zachary Jacob Employee/Director Stock Option Common Stock Option exercise Dispose M No No 8.57 26,392 226.18K 131,968
9 Aug 22 Thomas C Shafer Common Stock Payment of exercise Dispose F No No 13.58 474 6.44K 517,940.312
2 Aug 22 Donald Lee Dennis Common Stock Payment of exercise Dispose F No No 13.35 229 3.06K 30,267.344
1 Aug 22 Stephen D Steinour Common Stock Option exercise Acquire M No No 10.89 9,182 99.99K 814,283.904
78.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 830 858 -3.3%
Opened positions 76 87 -12.6%
Closed positions 104 68 +52.9%
Increased positions 332 346 -4.0%
Reduced positions 277 274 +1.1%
13F shares Current Prev Q Change
Total value 13.61B 16.81B -19.0%
Total shares 1.13B 1.15B -1.6%
Total puts 1.67M 2.09M -20.1%
Total calls 2.47M 3.16M -21.9%
Total put/call ratio 0.7 0.7 +2.2%
Largest owners Shares Value Change
Vanguard 165.93M $2B +1.9%
BLK Blackrock 137.49M $1.65B +0.4%
STT State Street 74.17M $903.69M -6.2%
TROW T. Rowe Price 69.26M $833.24M +8.8%
FMR 43.44M $522.59M -8.6%
Charles Schwab Investment Management 41.11M $494.58M +4.4%
Boston Partners 37.73M $453.98M +3.0%
IVZ Invesco 37.2M $447.49M -4.3%
JPM JPMorgan Chase & Co. 29.35M $353.05M +2.9%
Geode Capital Management 28.9M $346.99M +2.0%
Largest transactions Shares Bought/sold Change
SLFPY Standard Life Aberdeen 3.4M -12.49M -78.6%
LGEN Legal & General 0 -11.61M EXIT
Parametric Portfolio Associates 0 -7.32M EXIT
MS Morgan Stanley 13.55M +6.89M +103.4%
FHI Federated Hermes 24.57M +6.21M +33.9%
TROW T. Rowe Price 69.26M +5.59M +8.8%
STT State Street 74.17M -4.89M -6.2%
FMR 43.44M -4.1M -8.6%
C Citigroup 8.26M +3.9M +89.5%
PZN Pzena Investment Management 0 -3.37M EXIT

Financial report summary

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Competition
Keycorp
Risks
  • Instability in global economic conditions and geopolitical matters, as well as volatility in financial markets, could have a material adverse effect on the Company’s results of operations and financial condition.
Management Discussion
  • Net interest income for the 2022 second quarter increased $423 million, or 50%, from the 2021 second quarter. FTE net interest income, a non-GAAP financial measure, for the 2022 second quarter increased $423 million, or 50%, from the 2021 second quarter. The increase in FTE net interest income reflects the benefit of a $33.8 billion, or 27%, increase in average total earning assets and a 49 basis point increase in the FTE NIM to 3.15%. The increase in average total earning assets included a $26.6 billion, or 30%, increase in average loans and leases and a $11.8 billion, or 38%, increase in average securities. Average balances across earning asset categories for the 2022 second quarter reflect the full-quarter impact of the TCF acquisition in addition to organic growth. The increase in average securities was additionally driven by the redeployment of excess liquidity into securities in the second half of 2021.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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