Huntington Bancshares (HBAN) Revenue & Revenue Breakdown
Huntington Bancshares Revenue Highlights
Latest Revenue (Y)
$8.92B
Latest Revenue (Q)
$2.98B
Main Segment (Y)
Service Charges Revenue
Huntington Bancshares Revenue by Period
Huntington Bancshares Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $8.92B | 22.91% |
| 2022-12-31 | $7.25B | 21.08% |
| 2021-12-31 | $5.99B | 24.42% |
| 2020-12-31 | $4.82B | 3.17% |
| 2019-12-31 | $4.67B | 3.48% |
| 2018-12-31 | $4.51B | 4.66% |
| 2017-12-31 | $4.31B | 22.45% |
| 2016-12-31 | $3.52B | 17.71% |
| 2015-12-31 | $2.99B | 6.15% |
| 2014-12-31 | $2.82B | 4.21% |
| 2013-12-31 | $2.70B | -3.77% |
| 2012-12-31 | $2.81B | 7.61% |
| 2011-12-31 | $2.61B | -1.91% |
| 2010-12-31 | $2.66B | 9.50% |
| 2009-12-31 | $2.43B | 8.54% |
| 2008-12-31 | $2.24B | 13.18% |
| 2007-12-31 | $1.98B | 26.04% |
| 2006-12-31 | $1.57B | -1.58% |
| 2005-12-31 | $1.59B | -7.82% |
| 2004-12-31 | $1.73B | -9.81% |
| 2003-12-31 | $1.92B | 14.95% |
| 2002-12-31 | $1.67B | 10.82% |
| 2001-12-31 | $1.51B | 4.85% |
| 2000-12-31 | $1.44B | -11.11% |
| 1999-12-31 | $1.62B | 10.70% |
| 1998-12-31 | $1.46B | 6.52% |
| 1997-12-31 | $1.37B | 32.78% |
| 1996-12-31 | $1.03B | 6.04% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.98B | 4.68% |
| 2024-03-31 | $2.84B | 59.90% |
| 2023-12-31 | $1.78B | -5.27% |
| 2023-09-30 | $1.88B | 1.96% |
| 2023-06-30 | $1.84B | -4.16% |
| 2023-03-31 | $1.92B | -2.04% |
| 2022-12-31 | $1.96B | 3.10% |
| 2022-09-30 | $1.90B | 8.93% |
| 2022-06-30 | $1.75B | 6.14% |
| 2022-03-31 | $1.65B | -0.12% |
| 2021-12-31 | $1.65B | -2.83% |
| 2021-09-30 | $1.70B | 32.22% |
| 2021-06-30 | $1.28B | -6.22% |
| 2021-03-31 | $1.37B | 10.78% |
| 2020-12-31 | $1.23B | -1.04% |
| 2020-09-30 | $1.25B | 5.41% |
| 2020-06-30 | $1.18B | 2.78% |
| 2020-03-31 | $1.15B | -0.09% |
| 2019-12-31 | $1.15B | -3.03% |
| 2019-09-30 | $1.19B | 0.17% |
| 2019-06-30 | $1.19B | 3.94% |
| 2019-03-31 | $1.14B | -1.81% |
| 2018-12-31 | $1.16B | 1.57% |
| 2018-09-30 | $1.14B | 2.14% |
| 2018-06-30 | $1.12B | 3.32% |
| 2018-03-31 | $1.08B | -2.34% |
| 2017-12-31 | $1.11B | 1.97% |
| 2017-09-30 | $1.09B | 1.76% |
| 2017-06-30 | $1.07B | 2.62% |
| 2017-03-31 | $1.04B | -2.51% |
| 2016-12-31 | $1.07B | 15.25% |
| 2016-09-30 | $927.80M | 19.41% |
| 2016-06-30 | $776.99M | 4.30% |
| 2016-03-31 | $744.93M | -3.15% |
| 2015-12-31 | $769.13M | 2.75% |
| 2015-09-30 | $748.57M | -3.09% |
| 2015-06-30 | $772.46M | 10.46% |
| 2015-03-31 | $699.31M | -1.02% |
| 2014-12-31 | $706.53M | -1.00% |
| 2014-09-30 | $713.68M | 0.50% |
| 2014-06-30 | $710.12M | 3.52% |
| 2014-03-31 | $685.99M | 1.29% |
| 2013-12-31 | $677.28M | 0.28% |
| 2013-09-30 | $675.36M | 0.26% |
| 2013-06-30 | $673.59M | -0.41% |
| 2013-03-31 | $676.38M | -5.91% |
| 2012-12-31 | $718.88M | 3.96% |
| 2012-09-30 | $691.48M | 1.24% |
| 2012-06-30 | $683.03M | -2.95% |
| 2012-03-31 | $703.77M | 9.10% |
| 2011-12-31 | $645.05M | -3.20% |
| 2011-09-30 | $666.40M | 1.08% |
| 2011-06-30 | $659.29M | 2.15% |
| 2011-03-31 | $645.44M | -3.31% |
| 2010-12-31 | $667.51M | -1.81% |
| 2010-09-30 | $679.82M | 1.15% |
| 2010-06-30 | $672.12M | 4.82% |
| 2010-03-31 | $641.21M | 9.19% |
| 2009-12-31 | $587.25M | -5.11% |
| 2009-09-30 | $618.87M | 0.49% |
| 2009-06-30 | $615.84M | 6.80% |
| 2009-03-31 | $576.61M | 35.90% |
| 2008-12-31 | $424.28M | -23.76% |
| 2008-09-30 | $556.49M | -11.15% |
| 2008-06-30 | $626.30M | 2.24% |
| 2008-03-31 | $612.58M | 10.67% |
| 2007-12-31 | $553.49M | - |
Huntington Bancshares generated $2.98B in revenue during Q2 2024, up 4.68% compared to the previous quarter, and up 154.92% compared to the same period a year ago.
Huntington Bancshares Revenue Breakdown
Huntington Bancshares Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 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/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 |
|---|---|---|---|---|
| Cards And Payment Processing Revenue | $142.00M | $96.00M | $96.00M | - |
| Insurance Revenue | $18.00M | - | $31.00M | $30.00M |
| Leasing Revenue | $10.00M | - | - | - |
| Other Revenue | $1.00M | - | $26.00M | $27.00M |
| Service Charges Revenue | $56.00M | - | $97.00M | $87.00M |
| Trust And Investment Management Services Revenue | $90.00M | $62.00M | $68.00M | - |
Huntington Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Cards And Payment Processing Revenue (44.79%), Trust And Investment Management Services Revenue (28.39%), Service Charges Revenue (17.67%), Insurance Revenue (5.68%), Leasing Revenue (3.15%), and Other Revenue (0.32%).
Huntington Bancshares Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TFC | Truist Financial | $33.25B | $1.14B |
| USB | U.S. Bancorp | $28.01B | $10.80B |
| PNC | PNC Financial Services Group | $21.51B | $8.04B |
| FITB | Fifth Third Bancorp | $12.64B | $3.31B |
| KEY | KeyCorp | $10.40B | $2.71B |
| MTB | M&T Bank | $10.22B | $3.37B |
| HBAN | Huntington Bancshares | $8.92B | $2.98B |
| RF | Regions Financial | $6.90B | $2.32B |
| CMA | Comerica | $5.29B | $1.25B |
| WAL | Western Alliance Ban | $4.33B | $1.24B |
| ZION | Zions Bancorporation, National Association | $2.71B | $1.25B |
| FHN | First Horizon | $1.39B | $1.28B |
| PACW | PacWest Bancorp | $1.29B | $143.32M |
| CFG | Citizens Financial Group | $24.12M | $3.11B |
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 Q2 2024 was $2.98B, a 4.68% increase from the previous quarter (Q1 2024), and a 61.65% increase year-over-year (Q2 2023). The company'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). HBAN's quarterly revenue for Q4 2023 was $1.78B, a -5.27% decrease from the previous quarter (Q3 2023), and a -9.33% decrease year-over-year (Q4 2022).
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.