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Huntington Bancshares (Huntington Bancshares) Revenue

: $7,417 Mil (TTM As of Dec. 2023)
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Huntington Bancshares's revenue for the three months ended in Dec. 2023 was $1,778 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $7,417 Mil. Huntington Bancshares's Revenue per Share for the three months ended in Dec. 2023 was $1.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.05.

Warning Sign:

Huntington Bancshares Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Huntington Bancshares was 1.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Huntington Bancshares's highest 3-Year average Revenue per Share Growth Rate was 13.70% per year. The lowest was -20.70% per year. And the median was 3.80% per year.


Huntington Bancshares Revenue Historical Data

The historical data trend for Huntington Bancshares's Revenue 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,667.00 4,815.00 5,991.00 7,254.00 7,360.00

Huntington Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 Premium Member Only Premium Member Only Premium Member Only 1,961.00 1,921.00 1,841.00 1,877.00 1,778.00

Competitive Comparison

For the Banks - Regional subindustry, Huntington Bancshares's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution

For the Banks industry and Financial Services sector, Huntington Bancshares's Revenue distribution charts can be found below:

* The bar in red indicates where Huntington Bancshares's Revenue falls into.



Huntington Bancshares Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,417 Mil.

* 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.


Huntington Bancshares  (NAS:HBAN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Huntington Bancshares Revenue Related Terms

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


Huntington Bancshares (Huntington Bancshares) Business Description

Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.
Executives
Helga Houston officer: Senior Exec. V. P. 516 S. NEW HOPE ROAD, P.O. BOX 2636, GASTONIA NC 28053
Donnell R White officer: Chief DEI Officer, SVP 333 W FORT STREET, SUITE 1800, DETROIT MI 48226
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
Zachary Jacob Wasserman officer: CFO and Senior Exec. VP HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
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
Michael Scott Jones officer: SEVP of Significant Subsidiary 200 LAKE STREET EAST, WAYZATA MN 55391
Donald Lee Dennis officer: EVP of Principal Subsidiary HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Scott D Kleinman officer: Sr. EVP of Principal Sub. HUNTINGTON BANCSHARES INCORPORATED, 41 SOUTH HIGH STREET, COLUMBUS OH 43287
Steven Lee Rhodes officer: EVP of Principal Subsidiary HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Richard H King director 200 LAKE STREET EAST, WAYZATA MN 55391
Stephen D Steinour director, officer: President, CEO & Chairman C/O KEANE INC, TEN CITY SQ, BOSTON MA 02129