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← CockpitCompetitor Analysis › HBAN Huntington BancsharesOpen in the cockpit ↗

Huntington BancsharesHBANCompetitor analysis, valuation and peers

United States · USD·Financials›Major Banks

Columbus, Ohio super-regional bank offering consumer, business and commercial banking across the Midwest.

Momentum neutral 42
Mkt cap
$31.2B
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$361M
20-day average traded
P/B
1.06×
price to book
ROE
9.2%
delivered
Implied ROE
10.2%
what the price asks
Official | Implied
BBB+ / BBB+
agencies · bond market
Next earnings
83 days
28 Jan 2027
Close · USD$15.47
1D-0.9%
1W-2.0%
1M+0.7%
3M-12.1%
6M-3.2%
YTD-9.1%
1Y+4.0%
ATR %2.4%
Beta0.75
52w lowhigh19.0% off high

What Huntington Bancshares does

Columbus, Ohio super-regional bank offering consumer, business and commercial banking across the Midwest.

Earns mainly from the spread between loan and deposit rates, with fees from payments, cards, capital markets and wealth management; it is also a large lender for autos, RVs and boats. Its 2021 merger with TCF added Minnesota and Colorado, and 2025 deals for Veritex and Cadence Bank take it into Texas and the South.

Products and services

  • Consumer banking
  • Commercial banking
  • Auto/equipment finance
  • Wealth management

Customers

  • Consumers
  • Small/mid businesses
  • Corporates

Where it sits in the supply chain

  • Financial services
  • Banking
  • Midwest regional banking

What could go right

  • Commercial loan growth in Midwest footprint
  • Fee income diversification

What could go wrong

  • Regional credit cycle
  • Net interest margin rate sensitivity

Moat: narrow (scale, distribution). Dense branch network across Ohio, Michigan and neighboring Midwest states.

Headquarters: Columbus, Ohio, USA · Founded: 1866

Named competitors

Huntington Bancshares at a glance

Size Huntington Bancshares (HBAN) is a United States Financials company (Major Banks) with a market value of $31.2B, the 358th largest of 3,117 United States companies the cockpit tracks. Shares closed at $15.47 on 6 Nov 2026.

Performance Over six months the shares fell 3.2%, against +2.6% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 24.2% over the last twelve months (peer median +5.8%); the operating margin is 29.6% (peer median 38.1%).

Valuation It trades at 1.06× book value against a peer median of 1.42× (7th cheapest of 21).

Price implies The share price implies a return on equity of about 10.2%; Huntington Bancshares delivers 9.1%, so the price asks more than the business earns today.

Credit Huntington Bancshares has 17 bonds outstanding ($13.4B), rated BBB+ by the agencies and trading like BBB+ at a weighted spread of 84 bp.

Short interest Short interest is 3.3% of the free float (15 Oct 2026).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

10011011 May 202611 Aug 20266 Nov 2026Peer median 106HBAN 98
Six months, rebased to 100: Huntington Bancshares against the median of its 20 peers (local-currency closes).

Huntington Bancshares financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$15.2B$12.4B$11.8B$10.8B$7.88B
Revenue growth—+4%+10%+37%—
Net income$2.49B$2.21B$1.94B$1.95B$2.24B
Free cash flow$2.90B$2.28B$1.83B$2.71B$3.11B
Capital expenditure$428M$267M$143M$140M$214M
Total debt$23.4B$18.9B$17.0B$13.4B$12.1B

Quarterly statements and history in the cockpit →

Huntington Bancshares competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%-10%0%+10%BPESHB-A055550000001BAPBBD8309PKO6818CFG2884RF2886DANSKE601009BAMISEB-A086790AXISBANKKEYHBAN6-month return →1-month return →
Up and to the right = strong over both horizons. Huntington Bancshares is the large dot.

Fundamentals: return on equity against price-to-book

10%15%20%10×20×BPESHB-A055550000001BAPBBD8309PKO6818CFG2884RF2886DANSKE601009BAMISEB-A086790KEYHBANReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Huntington Bancshares is the large dot.

Capital: ROE delivered against the ROE the price implies

10%20%30%10%20%30%BPESHB-A000001BAPBBD8309PKO6818CFG2884RF2886DANSKE601009BAMIAXISBANKHBANROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Huntington Bancshares is the large dot.

Huntington Bancshares competitors and peer comparison

Head to head with its named competitors (HBAN vs FITB vs KEY vs RF)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Huntington Bancshares HBAN$31.2B-3%+24%9%1.06×10.2%
Fifth Third Bancorp FITB$47.9B+8%+15%9%1.55×13.6%
KeyCorp KEY$22.0B-3%+9%11%1.39×13.1%
Regions Financial RF$24.1B+2%+1%12%1.46×13.2%
Citizens Financial CFG$26.5B-1%+4%9%1.16×11.5%
PNC Financial Services PNC$89.4B+4%+8%13%1.59×13.2%

How Huntington Bancshares compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Huntington Bancshares against its 20 peers (data as of 6 Nov 2026)
MeasureHBANPeer medianRank in peer set
1-month return+0.7%+0.5%10th highest of 21
6-month return-3.2%+2.6%6th lowest of 21
Return on equity9.2%12.3%5th lowest of 21
Price / book1.06×1.42×7th cheapest of 21
Trailing P/E12.6×11.8×9th most expensive of 20
ROE the price implies10.2%8.3%9th most demanding of 21
ROE delivered9.1%12.4%4th lowest of 19
Bond spread84 bp82 bp6th widest of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Huntington Bancshares HBANUnited States$31.2B-3%+24%9%1.06×10.2%9.1%
BPER Banca BPE.MIItaly$30.4B+2%+15%15%1.49×18.6%14.9%
Svenska Handelsbanken SHB-A.STSweden$32.6B+23%-14%12%1.68×9.0%12.2%
ShinhanGroup 055550.KSSouth Korea$29.2B-13%+32%9%0.78×5.2%n/a
Ping An Bank 000001.SZChina$34.4B+3%-9%9%0.48×3.6%9.0%
Credicorp BAPUnited States$27.6B+5%+24%21%2.47×17.9%20.6%
Banco Bradesco SA Sponsored ADR Pfd BBDUnited States$27.5B-32%+29%14%0.71×6.2%14.2%
Sumitomo Mitsui Trust Gp 8309.TJapan$27.4B+38%+5%11%1.18×7.5%10.9%
PKO Bank Polski PKO.WAPoland$36.5B+18%-2%20%2.56×31.9%20.1%
China Everbright Bank 6818.HKHong Kong$26.6B-10%-3%5%0.28×3.9%5.5%
Citizens Financial CFGUnited States$26.5B-1%+4%9%1.16×11.5%8.9%
E Sun Financial 2884.TWTaiwan$25.2B+55%+36%15%2.70×7.6%14.7%
Regions Financial RFUnited States$24.1B+2%+1%12%1.46×13.2%12.4%
Mega Financial 2886.TWTaiwan$24.0B+37%+1%10%1.97×5.9%10.0%
Danske Bank A/S DANSKE.CODenmark$42.4B+11%+8%14%1.68×6.1%14.1%
Bank of Nanjing 601009.SSChina$22.8B+5%+6%12%0.77×2.8%11.9%
Banco BPM BAMI.MIItaly$22.8B+1%-4%12%1.30×13.5%12.5%
Skandinaviska Enskilda Banken SEB-A.STSweden$42.9B+20%-8%14%1.80×9.5%13.5%
Hanafinancialgr 086790.KSSouth Korea$22.5B-7%+39%10%0.79×5.3%n/a
Axis Bank AXISBANK.NSIndia$43.6B+2%+7%14%1.78×25.1%13.9%
KeyCorp KEYUnited States$22.0B-3%+9%11%1.39×13.1%11.2%

Huntington Bancshares bonds and credit

Huntington Bancshares has 17 bonds outstanding with $13.4B face value. The agencies rate it BBB+; its bonds trade like BBB+. Weighted yield 5.39%, a spread of 84 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Who are Huntington Bancshares's main competitors?
Named competitors: Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Citizens Financial Group (CFG), PNC Financial Services (PNC). The cockpit's measured peer set (industry) also includes BPER Banca (BPE.MI), Svenska Handelsbanken (SHB-A.ST), ShinhanGroup (055550.KS), Ping An Bank (000001.SZ), Credicorp (BAP), Banco Bradesco SA Sponsored ADR Pfd (BBD).
Is Huntington Bancshares expensive compared with its peers?
On price / book it trades at 1.06× against a peer median of 1.42×, 7th cheapest of 21 in its peer set. The share price implies a return on equity of about 10.2%; Huntington Bancshares delivers 9.1%, so the price asks more than the business earns today.
How has Huntington Bancshares stock performed?
Over six months to 6 Nov 2026 the shares returned -3.2% against +2.6% for the median peer; over one year +4.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.