Huntington Bancshares Incorporated
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 6.08B | 7.95B | 10.78B | 11.96B | 12.48B | 4.4% | |
| Cost of Revenue | (114.00M) | (985.00M) | (3.88B) | (5.00B) | (4.78B) | -4.3% | |
Gross Profit | 5.97B | 6.96B | 6.90B | 6.96B | 7.70B | 10.6% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (2.48B) | (2.56B) | (2.95B) | (2.93B) | (3.50B) | 19.2% | |
| General & Administrative | (2.39B) | (2.47B) | (2.83B) | (2.81B) | (3.50B) | 24.2% | |
| Depreciation & Amortization | (391.00M) | (484.00M) | (798.00M) | (622.00M) | (762.00M) | 22.5% | |
Operating Income (EBIT) | 1.59B | 2.76B | 2.38B | 2.40B | 2.69B | 11.9% | |
| Non-Operating Items | |||||||
| Interest Income | 4.19B | 5.97B | 8.92B | 9.92B | 10.31B | 3.9% | |
| Interest Expense | (89.00M) | (696.00M) | (3.48B) | (4.58B) | (4.32B) | -5.6% | |
| Other Income/Expenses (Net) | — | — | — | — | — | — | |
Income Before Tax | 1.59B | 2.76B | 2.38B | 2.40B | 2.69B | 11.9% | |
| Income Tax Expense | (294.00M) | (515.00M) | (413.00M) | (443.00M) | (459.00M) | 3.6% | |
Net Income | 1.29B | 2.24B | 1.95B | 1.94B | 2.21B | 14.0% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $1 | $1 | $1 | $1 | 13.7% | |
| Weighted Avg Shares Outstanding | 1.26B | 1.44B | 1.45B | 1.45B | 1.48B | 1.9% | |
| Weighted Avg Shares Outstanding (Diluted) | 1.29B | 1.47B | 1.47B | 1.48B | 1.50B | 1.9% | |
EBITDA | 1.98B | 3.25B | 3.18B | 3.02B | 3.45B | 14.0% |
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HBAN in the Financial Services
Large Cap