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Huntington Bancshares (STU:HU3) Gross-Profit-to-Asset % : 3.72% (As of Sep. 2024)


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What is Huntington Bancshares Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Huntington Bancshares's annualized Gross Profit for the quarter that ended in Sep. 2024 was €6,754 Mil. Huntington Bancshares's average Total Assets over the quarter that ended in Sep. 2024 was €181,527 Mil. Therefore, Huntington Bancshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 3.72%.


Huntington Bancshares Gross-Profit-to-Asset % Historical Data

The historical data trend for Huntington Bancshares's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huntington Bancshares Gross-Profit-to-Asset % Chart

Huntington Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.34 3.97 4.16 4.19 3.90

Huntington Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.03 3.74 3.67 3.72 3.72

Competitive Comparison of Huntington Bancshares's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Huntington Bancshares's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Huntington Bancshares's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Huntington Bancshares's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Huntington Bancshares's Gross-Profit-to-Asset % falls into.



Huntington Bancshares Gross-Profit-to-Asset % Calculation

Huntington Bancshares's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6749.12/( (172663.264+173650.456)/ 2 )
=6749.12/173156.86
=3.90 %

Huntington Bancshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=6753.896/( (182371.99+180682.035)/ 2 )
=6753.896/181527.0125
=3.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Huntington Bancshares Gross-Profit-to-Asset % Related Terms

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Huntington Bancshares Business Description

Address
41 South High Street, Columbus, OH, USA, 43287
Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. The bank operates in two business segments: Consumer & Regional Banking and Commercial Banking. The bank derives the maximum of its revenue from the Consumer & Business Banking segment. The other segment of the bank consists of Treasury and others. The bank also provides auto dealer, equipment finance, investment management, trust, brokerage, capital market services, and other services.

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