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

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
Insurance Revenue$17.00M$18.00M-$31.00M$30.00M
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-

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

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.