Company Overview
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Company Information
- CEO
- Stephen D. Steinour
- Sector
- Financial Services
- Industry
- Banks - Regional
- Employees
- 20092
Contact Information
- Website
- https://www.huntington.com
- Address
- Huntington Center
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 23.59B market capitalization
- Trading Volume: 18.50M shares traded today
- Price Range: 52-week range of $11.92 - $18.45
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Huntington Bancshares Incorporated
Huntington Bancshares Incorporated (HBAN) operates in the Banks - Regional industry within the Financial Services sector. With a current market capitalization of 23.59B, the company represents a significant player in its market. The stock is currently trading at $16.09 with a positivedaily change of 1.39%.
The company's 20092 employee base and presence on the NASDAQ Global Selectexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 12.01, beta of 0.96, and 52-week price range from $11.92 to $18.45when evaluating investment opportunities.
Why Invest in Huntington Bancshares Incorporated?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Stephen D. Steinour
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.