Huntington Bancshares (Huntington Bancshares) Debt-to-Equity : 0.64 (As of Dec. 2023)

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What is Huntington Bancshares Debt-to-Equity?

Huntington Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2 Mil. Huntington Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12,394 Mil. Huntington Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19,353 Mil. Huntington Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Huntington Bancshares's Debt-to-Equity or its related term are showing as below:

HBAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.84 Max: 1.2
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Huntington Bancshares was 1.20. The lowest was 0.37. And the median was 0.84.

HBAN's Debt-to-Equity is ranked worse than
53.34% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs HBAN: 0.78

Huntington Bancshares Debt-to-Equity Historical Data

The historical data trend for Huntington Bancshares's Debt-to-Equity 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 Debt-to-Equity Chart

Huntington Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.97

0.65

0.37

0.65

0.64

Huntington Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.04	0.84	0.70	0.64	0.78

Competitive Comparison of Huntington Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Huntington Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Huntington Bancshares's Debt-to-Equity falls into.

Huntington Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huntington Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2	+	12394)	/	19353
	=	0.64

Huntington Bancshares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2	+	12394)	/	19353
	=	0.64

Huntington Bancshares (NAS:HBAN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Huntington Bancshares Debt-to-Equity Related Terms

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

Huntington Bancshares (Huntington Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Huntington Bancshares Inc (NAS:HBAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HBANM.PFD:USA HBANP.PFD:USA 1HU3:Italy HU3:Germany HU3:Germany H1BA34:Brazil

Address

41 South High Street, Huntington Center, Columbus, OH, USA, 43287

Website

https://www.huntington.com

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