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HBAN (Huntington Bancshares) Return-on-Tangible-Asset : 1.05% (As of Mar. 2025)


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What is Huntington Bancshares Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Huntington Bancshares's annualized Net Income for the quarter that ended in Mar. 2025 was $2,108 Mil. Huntington Bancshares's average total tangible assets for the quarter that ended in Mar. 2025 was $200,686 Mil. Therefore, Huntington Bancshares's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.05%.

The historical rank and industry rank for Huntington Bancshares's Return-on-Tangible-Asset or its related term are showing as below:

HBAN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.72   Med: 1.05   Max: 1.34
Current: 1.05

During the past 13 years, Huntington Bancshares's highest Return-on-Tangible-Asset was 1.34%. The lowest was 0.72%. And the median was 1.05%.

HBAN's Return-on-Tangible-Asset is ranked better than
60.04% of 1589 companies
in the Banks industry
Industry Median: 0.88 vs HBAN: 1.05

Huntington Bancshares Return-on-Tangible-Asset Historical Data

The historical data trend for Huntington Bancshares's Return-on-Tangible-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 Return-on-Tangible-Asset Chart

Huntington Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.90 1.30 1.08 1.02

Huntington Bancshares Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-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 0.90 1.00 1.08 1.08 1.05

Competitive Comparison of Huntington Bancshares's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Huntington Bancshares's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Huntington Bancshares's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Huntington Bancshares's Return-on-Tangible-Asset falls into.


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Huntington Bancshares Return-on-Tangible-Asset Calculation

Huntington Bancshares's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1940/( (183135+197992)/ 2 )
=1940/190563.5
=1.02 %

Huntington Bancshares's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2108/( (197992+203379)/ 2 )
=2108/200685.5
=1.05 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Huntington Bancshares  (NAS:HBAN) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Huntington Bancshares Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Huntington Bancshares's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Huntington Bancshares Business Description

Address
41 South High Street, Columbus, OH, USA, 43287
Huntington is a regional US bank with around $200 billion in assets (as of 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.
Executives
Helga Houston officer: Senior Exec. V. P. 516 S. NEW HOPE ROAD, P.O. BOX 2636, GASTONIA NC 28053
Zachary Jacob Wasserman officer: CFO and Senior Exec. VP HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Brantley J Standridge officer: Senior Exec. V.P. 214 N TRYON STREET, CHARLOTTE NC 28202
Scott D Kleinman officer: Sr. EVP of Principal Sub. HUNTINGTON BANCSHARES INCORPORATED, 41 SOUTH HIGH STREET, COLUMBUS OH 43287
Donnell R White officer: Chief DEI Officer, SVP 333 W FORT STREET, SUITE 1800, DETROIT MI 48226
Nancy E Maloney officer: EVP and Controller HUNTINGTON BANCSHARES INCORPORATED, HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Rajeev Syal officer: SEVP HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Ann B Crane director DANA KLEIN, 4288 WEST DUBLIN GRANVILLE RD, DUBLIN OH 43017
Julie C Tutkovics officer: Executive Vice President III CASCADE PLAZA, AKRON OH 44308
Marcy C Hingst officer: SEVP and General Counsel HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Paul G Heller officer: Sr. EVP & Chief Technology and HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Rafael Diaz-granados director HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Gary Torgow director 235 EAST MAIN STREET, MIDLAND MI 48640
Kenneth J Phelan director HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
David L Porteous director P.O. BOX 44, REED CITY MI 49677