Huntington Bancshares Incorporated (HBAN) — Financial statements
Income statement, balance sheet, and cash flow for Huntington Bancshares Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 12,485↑4.4% | 11,961↑11.0% | 10,780↑35.6% | 7,950↑30.8% | 6,080 | |
| Cost of Revenue | 4,782↓4.3% | 4,996↑28.8% | 3,879↑293.8% | 985↑764.0% | 114 | |
| Gross Profit | 7,703↑10.6% | 6,965↑0.9% | 6,901↓0.9% | 6,965↑16.7% | 5,966 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 3,495↑24.2% | 2,815↓0.6% | 2,831↑14.7% | 2,468↑3.4% | 2,386 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 116↑0.9% | 115↑26.4% | 91↑2.2% | 89 | |
| SG&A Expenses | 3,495↑19.2% | 2,931↓0.5% | 2,946↑15.1% | 2,559↑3.4% | 2,475 | |
| Other Expenses | 1,520↓6.8% | 1,631↑3.8% | 1,571↓4.3% | 1,642↓13.6% | 1,900 | |
| Operating Expenses | 5,015↑9.9% | 4,562↑1.0% | 4,517↑7.5% | 4,201↓4.0% | 4,375 | |
| Total Costs & Expenses | 9,797↑2.5% | 9,558↑13.8% | 8,396↑61.9% | 5,186↑15.5% | 4,489 | |
| Operating Results | ||||||
| Operating Income | 2,688↑11.9% | 2,403↑0.8% | 2,384↓13.7% | 2,764↑73.7% | 1,591 | |
| Depreciation & Amortization | 0.00↓100.0% | 622↓22.1% | 798↑64.9% | 484↑23.8% | 391 | |
| EBITDA | 2,688↓11.1% | 3,025↓4.9% | 3,182↓2.0% | 3,248↑63.9% | 1,982 | |
| EBIT | 2,688↑11.9% | 2,403↑0.8% | 2,384↓13.7% | 2,764↑73.7% | 1,591 | |
| Interest & Other Income | ||||||
| Net Interest Income | 5,991↑12.1% | 5,345↓1.7% | 5,439↑3.1% | 5,273↑28.5% | 4,102 | |
| Interest Income | 10,310↑3.9% | 9,921↑11.3% | 8,916↑49.4% | 5,969↑42.4% | 4,191 | |
| Interest Expense | 4,319↓5.6% | 4,576↑31.6% | 3,477↑399.6% | 696↑682.0% | 89 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 2,688↑11.9% | 2,403↑0.8% | 2,384↓13.7% | 2,764↑73.7% | 1,591 | |
| Income Tax Expense | 459↑3.6% | 443↑7.3% | 413↓19.8% | 515↑75.2% | 294 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,229↑13.7% | 1,960↓0.6% | 1,971↓12.4% | 2,249↑73.4% | 1,297 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,211↑14.0% | 1,940↓0.6% | 1,951↓12.8% | 2,238↑72.8% | 1,295 | |
| Bottom-Line Net Income | 2,087↑15.9% | 1,801↓0.9% | 1,817↓14.5% | 2,125↑84.3% | 1,153 | |
| EPS (Basic) | 1.41↑13.7% | 1.24↓1.6% | 1.26↓14.3% | 1.47↑61.5% | 0.91 | |
| EPS (Diluted) | 1.39↑13.9% | 1.22↓1.6% | 1.24↓14.5% | 1.45↑61.1% | 0.90 | |
| Weighted Average Shares | 1,479↑1.9% | 1,451↑0.3% | 1,446↑0.4% | 1,441↑14.2% | 1,262 | |
| Weighted Average Diluted Shares | 1,505↑1.9% | 1,476↑0.6% | 1,468↑0.2% | 1,465↑13.9% | 1,287 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.