HUNTINGTON BANCSHARES INC (HBAN)
US4461501045 - Common Stock
We assign a fundamental rating of 3 out of 10 to HBAN. HBAN was compared to 411 industry peers in the Banks industry. HBAN has a bad profitability rating. Also its financial health evaluation is rather negative. HBAN has a decent growth rate and is not valued too expensively. Finally HBAN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HBAN was profitable.
HBAN had a positive operating cash flow in the past year.
HBAN had positive earnings in each of the past 5 years.
In the past 5 years HBAN always reported a positive cash flow from operatings.
1.2 Ratios
HBAN has a Return On Assets (0.96%) which is comparable to the rest of the industry.
HBAN has a Return On Equity (9.39%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 9.39% | ||
| 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
The Profit Margin of HBAN (24.69%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of HBAN has declined.
The Operating Margin and Gross Margin are not available for HBAN so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.69% | ||
| 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.
The number of shares outstanding for HBAN has been increased compared to 1 year ago.
HBAN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HBAN is higher compared to a year ago.
2.2 Solvency
HBAN has a debt to FCF ratio of 4.09. This is a neutral value as HBAN would need 4.09 years to pay back of all of its debts.
HBAN has a worse Debt to FCF ratio (4.09) than 61.80% of its industry peers.
HBAN has a Debt/Equity ratio of 0.53. This is a neutral value indicating HBAN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.53, HBAN is not doing good in the industry: 70.80% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 4.09 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.67%
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 by -3.45% in the last year.
Measured over the past 5 years, HBAN shows a small growth in Earnings Per Share. The EPS has been growing by 3.13% on average per year.
HBAN shows a small growth in Revenue. In the last year, the Revenue has grown by 1.46%.
The Revenue has been growing by 10.29% on average over the past years. This is quite good.
EPS 1Y (TTM)-3.45%
EPS 3Y25.99%
EPS 5Y3.13%
EPS growth Q2Q-28.57%
Revenue 1Y (TTM)1.46%
Revenue growth 3Y15.19%
Revenue growth 5Y10.29%
Revenue growth Q2Q-12.24%
3.2 Future
The Earnings Per Share is expected to grow by 3.11% on average over the next years.
The Revenue is expected to grow by 3.79% on average over the next years.
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
The Price/Earnings ratio is 9.75, which indicates a very decent valuation of HBAN.
HBAN's Price/Earnings is on the same level as the industry average.
HBAN is valuated cheaply when we compare the Price/Earnings ratio to 25.20, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.01, which indicates a very decent valuation of HBAN.
The rest of the industry has a similar Price/Forward Earnings ratio as HBAN.
The average S&P500 Price/Forward Earnings ratio is at 21.60. HBAN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.75 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
61.56% of the companies in the same industry are more expensive than HBAN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.9 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.11
EPS Next 2Y1.78%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
HBAN has a Yearly Dividend Yield of 4.58%, which is a nice return.
HBAN's Dividend Yield is a higher than the industry average which is at 3.92.
HBAN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
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
HBAN pays out 56.91% of its income as dividend. This is a bit on the high side, but may be sustainable.
HBAN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.91%
EPS Next 2Y1.78%
EPS Next 3Y5.24%
HUNTINGTON BANCSHARES INC
NASDAQ:HBAN (4/24/2024, 9:51:02 AM)
13.65
+0.02 (+0.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap19.87B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
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 | 9.75 | ||
| Fwd PE | 11.01 | ||
| 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)3.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 9.39% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 24.69% | ||
| 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 | 0.53 | ||
| 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)-3.45%
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)1.46%
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