HUNTINGTON BANCSHARES INC /MD/ (HBANP)

Huntington Bancshares, Inc. is a bank holding company, which engages in the provision of full-service commercial and consumer deposit, lending, and other banking services. It operates through the following segments: Consumer and Regional Banking, Commercial Banking, and Treasury and Other. The Consumer and Regional Banking segment provides a wide array of financial products and services to consumer and business customers including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. The Commercial Banking segment is involved in expertise through bankers, capabilities, and digital channels, and includes a comprehensive set of product offerings. The Treasury and Other segment focuses on technology and operations, other unallocated assets, liabilities, revenue, and expense. The company was founded in 1866 and is headquartered in Columbus, OH.

Address

HUNTINGTON CTR
COLUMBUS, OH 43287

Founded

1866

Number of Employees

-

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$170,525 $28,853 - $136,971 $200,051 $415,952 $92,375 $149,981 - - - $170,673
Average Price $9.38 $11.59 - $14.00 $13.37 $14.02 $12.31 $15.41 - - - $12.94
# Shares Purchased 18,175,862 2,489,567 - 9,784,841 14,966,248 29,661,178 7,503,606 9,730,469 - - - 13,187,396
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 49.2% 20.8% - 0.0% 4.7% -0.2% 13.7% -9.2% - - - 8.2%
S&P 500 Return to Date 181.9% 173.0% - 129.7% 104.9% 93.1% 74.8% 31.7% - - - 112.7%
Excess Total Return -132.6% -152.2% - -129.7% -100.1% -93.3% -61.1% -40.8% - - - -104.5%
Quartile Rank
Percentile Rank 47% 39% - 37% 38% 34% 37% 38% - - - 48%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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