GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Huntington Bancshares Inc (NAS:HBAN) » Definitions » Tax Rate %

HBAN (Huntington Bancshares) Tax Rate % : 20.18% (As of Dec. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Huntington Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Huntington Bancshares's Tax Expense for the three months ended in Dec. 2024 was $135 Mil. Huntington Bancshares's Pre-Tax Income for the three months ended in Dec. 2024 was $669 Mil. Therefore, Huntington Bancshares's Tax Rate % for the quarter that ended in Dec. 2024 was 20.18%.

Huntington Bancshares Tax Rate % Historical Data

The historical data trend for Huntington Bancshares's Tax Rate % 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 Tax Rate % Chart

Huntington Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.95 18.48 18.63 17.32 18.44

Huntington Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 -0.40 16.86 18.09 18.18 20.18

Huntington Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Huntington Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=443/2403
=18.44 %

Huntington Bancshares's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=135/669
=20.18 %

* 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 Tax Rate % Related Terms

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

Huntington Bancshares Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Huntington Bancshares Inc (NAS:HBAN) » Definitions » Tax Rate %
Comparable Companies
RF FCNCA CFG FITB KEY BAP MTB EWBC FHN SSB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
HBANM.PFD:USA HBANP.PFD:USA 1HU3:Italy 0J72:UK HU3:Germany HU3:Germany
Address
41 South High Street, Columbus, OH, USA, 43287
Website
https://www.huntington.com
Huntington is a regional US bank with around $200 billion in assets (as of September 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
Scott D Kleinman officer: Sr. EVP of Principal Sub. HUNTINGTON BANCSHARES INCORPORATED, 41 SOUTH HIGH STREET, COLUMBUS OH 43287
Zachary Jacob Wasserman officer: CFO and Senior Exec. VP HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Donnell R White officer: Chief DEI Officer, SVP 333 W FORT STREET, SUITE 1800, DETROIT MI 48226
Helga Houston officer: Senior Exec. V. P. 516 S. NEW HOPE ROAD, P.O. BOX 2636, GASTONIA NC 28053
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
Brantley J Standridge officer: Senior Exec. V.P. 214 N TRYON STREET, CHARLOTTE NC 28202
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