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Huntington Bancshares (HBAN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Huntington Bancshares Revenue Highlights

Latest Revenue (Y)

$8.92B

Latest Revenue (Q)

$3.05B

Main Segment (Y)

Service Charges Revenue

Huntington Bancshares Revenue by Period

Huntington Bancshares Revenue by Year

DateRevenueChange
2023-12-31$8.92B22.91%
2022-12-31$7.25B21.08%
2021-12-31$5.99B24.42%
2020-12-31$4.82B3.17%
2019-12-31$4.67B3.48%
2018-12-31$4.51B4.66%
2017-12-31$4.31B22.45%
2016-12-31$3.52B17.71%
2015-12-31$2.99B6.15%
2014-12-31$2.82B4.21%
2013-12-31$2.70B-3.77%
2012-12-31$2.81B7.61%
2011-12-31$2.61B-1.91%
2010-12-31$2.66B9.50%
2009-12-31$2.43B8.54%
2008-12-31$2.24B13.18%
2007-12-31$1.98B26.04%
2006-12-31$1.57B-1.58%
2005-12-31$1.59B-7.82%
2004-12-31$1.73B-9.81%
2003-12-31$1.92B14.95%
2002-12-31$1.67B10.82%
2001-12-31$1.51B4.85%
2000-12-31$1.44B-11.11%
1999-12-31$1.62B10.70%
1998-12-31$1.46B6.52%
1997-12-31$1.37B32.78%
1996-12-31$1.03B6.04%
1995-12-31$973.00M-1.87%
1994-12-31$991.50M-10.03%
1993-12-31$1.10B-

Huntington Bancshares generated $8.92B in revenue during NA 2023, up 22.91% compared to the previous quarter, and up 197.69% compared to the same period a year ago.

Huntington Bancshares Revenue by Quarter

DateRevenueChange
2024-09-30$3.05B3.11%
2024-06-30$2.96B4.08%
2024-03-31$2.84B59.90%
2023-12-31$1.78B-5.27%
2023-09-30$1.88B1.96%
2023-06-30$1.84B-4.16%
2023-03-31$1.92B-2.04%
2022-12-31$1.96B3.10%
2022-09-30$1.90B8.93%
2022-06-30$1.75B6.14%
2022-03-31$1.65B-0.12%
2021-12-31$1.65B-2.83%
2021-09-30$1.70B32.22%
2021-06-30$1.28B-6.22%
2021-03-31$1.37B10.78%
2020-12-31$1.23B-1.04%
2020-09-30$1.25B5.41%
2020-06-30$1.18B2.78%
2020-03-31$1.15B-0.09%
2019-12-31$1.15B-3.03%
2019-09-30$1.19B0.17%
2019-06-30$1.19B3.94%
2019-03-31$1.14B-1.81%
2018-12-31$1.16B1.57%
2018-09-30$1.14B2.14%
2018-06-30$1.12B3.32%
2018-03-31$1.08B-2.34%
2017-12-31$1.11B1.97%
2017-09-30$1.09B1.76%
2017-06-30$1.07B2.62%
2017-03-31$1.04B-2.51%
2016-12-31$1.07B15.25%
2016-09-30$927.80M19.41%
2016-06-30$776.99M4.30%
2016-03-31$744.93M-3.15%
2015-12-31$769.13M2.75%
2015-09-30$748.57M-3.09%
2015-06-30$772.46M10.46%
2015-03-31$699.31M-1.02%
2014-12-31$706.53M-1.00%
2014-09-30$713.68M0.50%
2014-06-30$710.12M3.52%
2014-03-31$685.99M1.29%
2013-12-31$677.28M0.28%
2013-09-30$675.36M0.26%
2013-06-30$673.59M-0.41%
2013-03-31$676.38M-5.91%
2012-12-31$718.88M3.96%
2012-09-30$691.48M1.24%
2012-06-30$683.03M-2.95%
2012-03-31$703.77M9.10%
2011-12-31$645.05M-3.20%
2011-09-30$666.40M1.08%
2011-06-30$659.29M2.15%
2011-03-31$645.44M-3.31%
2010-12-31$667.51M-1.81%
2010-09-30$679.82M1.15%
2010-06-30$672.12M4.82%
2010-03-31$641.21M9.19%
2009-12-31$587.25M-5.11%
2009-09-30$618.87M0.49%
2009-06-30$615.84M6.80%
2009-03-31$576.61M35.90%
2008-12-31$424.28M-23.76%
2008-09-30$556.49M-11.15%
2008-06-30$626.30M2.24%
2008-03-31$612.58M10.67%
2007-12-31$553.49M-

Huntington Bancshares generated $3.05B in revenue during Q3 2024, up 3.11% compared to the previous quarter, and up 165.73% compared to the same period a year ago.

Huntington Bancshares Revenue Breakdown

Huntington Bancshares Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Service Charges Revenue$211.00M$384.00M$372.00M
Insurance Revenue$74.00M$117.00M-
Leasing Revenue$51.00M--
Other Revenue$68.00M$121.00M-
Trust And Investment Management Services Revenue-$249.00M$232.00M
Cards And Payment Processing Revenue-$348.00M$311.00M

Huntington Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service Charges Revenue (52.23%), Insurance Revenue (18.32%), Other Revenue (16.83%), and Leasing Revenue (12.62%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Sep 23Jun 23
Cards And Payment Processing Revenue$143.00M$142.00M$96.00M$96.00M-
Leasing Revenue$10.00M$10.00M---
Other Revenue$4.00M$1.00M-$26.00M$27.00M
Service Charges Revenue$58.00M$56.00M-$97.00M$87.00M
Trust And Investment Management Services Revenue$93.00M$90.00M$62.00M$68.00M-
Insurance Revenue$17.00M$18.00M-$31.00M$30.00M

Huntington Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Cards And Payment Processing Revenue (44.00%), Trust And Investment Management Services Revenue (28.62%), Service Charges Revenue (17.85%), Insurance Revenue (5.23%), Leasing Revenue (3.08%), and Other Revenue (1.23%).

Huntington Bancshares Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TFCTruist Financial$33.25B$7.83B
USBU.S. Bancorp$28.01B$2.70B
PNCPNC Financial Services Group$21.51B$5.46B
FITBFifth Third Bancorp$12.64B$3.38B
KEYKeyCorp$10.40B$1.91B
MTBM&T Bank$10.22B$3.39B
HBANHuntington Bancshares$8.92B$3.05B
RFRegions Financial$6.90B$2.35B
CMAComerica$5.29B$982.00M
WALWestern Alliance Ban$4.33B$1.29B
ZIONZions Bancorporation, National Association$2.71B$1.28B
FHNFirst Horizon$1.39B$1.28B
CFGCitizens Financial Group$24.12M$3.06B

HBAN Revenue FAQ

What is Huntington Bancshares’s yearly revenue?

Huntington Bancshares's yearly revenue for 2023 was $8.92B, representing an increase of 22.91% compared to 2022. The company's yearly revenue for 2022 was $7.25B, representing an increase of 21.08% compared to 2021. HBAN's yearly revenue for 2021 was $5.99B, representing an increase of 24.42% compared to 2020.

What is Huntington Bancshares’s quarterly revenue?

Huntington Bancshares's quarterly revenue for Q3 2024 was $3.05B, a 3.11% increase from the previous quarter (Q2 2024), and a 62.55% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.96B, a 4.08% increase from the previous quarter (Q1 2024), and a 60.73% increase year-over-year (Q2 2023). HBAN's quarterly revenue for Q1 2024 was $2.84B, a 59.90% increase from the previous quarter (Q4 2023), and a 48.00% increase year-over-year (Q1 2023).

What is Huntington Bancshares’s revenue growth rate?

Huntington Bancshares's revenue growth rate for the last 3 years (2021-2023) was 48.82%, and for the last 5 years (2019-2023) was 91.04%.

What are Huntington Bancshares’s revenue streams?

Huntington Bancshares's revenue streams in c 23 are Service Charges Revenue, Insurance Revenue, Leasing Revenue, and Other Revenue. Service Charges Revenue generated $211M in revenue, accounting 52.23% of the company's total revenue, down -45.05% year-over-year. Insurance Revenue generated $74M in revenue, accounting 18.32% of the company's total revenue, down -36.75% year-over-year. Leasing Revenue generated $51M in revenue, accounting 12.62% of the company's total revenue Other Revenue generated $68M in revenue, accounting 16.83% of the company's total revenue, down -43.80% year-over-year.

What is Huntington Bancshares’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Huntington Bancshares was Service Charges Revenue. This segment made a revenue of $211M, representing 52.23% of the company's total revenue.