Huntington Bancshares Incorporated (HBAN) - Net Assets
Based on the latest financial reports, Huntington Bancshares Incorporated (HBAN) has net assets worth $22.29 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($210.23 Billion) and total liabilities ($187.94 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore cash flow conversion of Huntington Bancshares Incorporated to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $22.29 Billion |
| % of Total Assets | 10.6% |
| Annual Growth Rate | 9.93% |
| 5-Year Change | 52.25% |
| 10-Year Change | 199.97% |
| Growth Volatility | 21.7 |
Huntington Bancshares Incorporated - Net Assets Trend (1989–2024)
This chart illustrates how Huntington Bancshares Incorporated's net assets have evolved over time, based on quarterly financial data. Explore Huntington Bancshares Incorporated (HBAN) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Huntington Bancshares Incorporated (1989–2024)
The table below shows the annual net assets of Huntington Bancshares Incorporated from 1989 to 2024. For live valuation and market cap data, see HBAN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $19.78 Billion | +1.98% |
| 2023-12-31 | $19.40 Billion | +9.17% |
| 2022-12-31 | $17.77 Billion | -8.02% |
| 2021-12-31 | $19.32 Billion | +48.68% |
| 2020-12-31 | $12.99 Billion | +10.16% |
| 2019-12-31 | $11.79 Billion | +6.24% |
| 2018-12-31 | $11.10 Billion | +2.66% |
| 2017-12-31 | $10.81 Billion | +4.91% |
| 2016-12-31 | $10.31 Billion | +56.31% |
| 2015-12-31 | $6.59 Billion | +4.21% |
| 2014-12-31 | $6.33 Billion | +3.91% |
| 2013-12-31 | $6.09 Billion | +5.18% |
| 2012-12-31 | $5.79 Billion | +6.87% |
| 2011-12-31 | $5.42 Billion | +8.79% |
| 2010-12-31 | $4.98 Billion | -6.66% |
| 2009-12-31 | $5.34 Billion | -26.19% |
| 2008-12-31 | $7.23 Billion | +21.51% |
| 2007-12-31 | $5.95 Billion | +97.36% |
| 2006-12-31 | $3.01 Billion | +17.86% |
| 2005-12-31 | $2.56 Billion | +0.78% |
| 2004-12-31 | $2.54 Billion | +11.54% |
| 2003-12-31 | $2.28 Billion | +3.89% |
| 2002-12-31 | $2.19 Billion | -19.39% |
| 2001-12-31 | $2.72 Billion | +1.89% |
| 2000-12-31 | $2.67 Billion | +22.16% |
| 1999-12-31 | $2.18 Billion | +1.56% |
| 1998-12-31 | $2.15 Billion | +6.09% |
| 1997-12-31 | $2.03 Billion | +34.00% |
| 1996-12-31 | $1.51 Billion | -0.49% |
| 1995-12-31 | $1.52 Billion | +7.59% |
| 1994-12-31 | $1.41 Billion | +6.58% |
| 1993-12-31 | $1.32 Billion | +40.71% |
| 1992-12-31 | $941.40 Million | +10.36% |
| 1991-12-31 | $853.00 Million | +8.59% |
| 1990-12-31 | $785.50 Million | +8.99% |
| 1989-12-31 | $720.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huntington Bancshares Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4328.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.20 Billion | 26.36% |
| Common Stock | $15.00 Million | 0.08% |
| Other Comprehensive Income | $-2.87 Billion | -14.52% |
| Other Components | $17.39 Billion | 88.08% |
| Total Equity | $19.74 Billion | 100.00% |
Huntington Bancshares Incorporated Competitors by Market Cap
The table below lists competitors of Huntington Bancshares Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hengtong Optic Electric Co Ltd
SHG:600487
|
$25.44 Billion |
|
China Jushi Co Ltd
SHG:600176
|
$25.47 Billion |
|
Dassault Systèmes SE
F:DSY
|
$25.47 Billion |
|
Swiss Life Holding AG
F:SLW1
|
$25.49 Billion |
|
Sika AG
SW:SIKA
|
$25.37 Billion |
|
Accelink Technologies Co Ltd
SHE:002281
|
$25.37 Billion |
|
ORSTED UNSP.ADR 1/3 DK 10
F:D2G1
|
$25.36 Billion |
|
Veolia Environnement VE SA
PA:VIE
|
$25.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huntington Bancshares Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,353,000,000 to 19,740,000,000, a change of 387,000,000 (2.0%).
- Net income of 1,940,000,000 contributed positively to equity growth.
- Dividend payments of 1,046,000,000 reduced retained earnings.
- Share repurchases of 410,000,000 reduced equity.
- Other comprehensive income decreased equity by 190,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.94 Billion | +9.83% |
| Dividends Paid | $1.05 Billion | -5.3% |
| Share Repurchases | $410.00 Million | -2.08% |
| Other Comprehensive Income | $-190.00 Million | -0.96% |
| Other Changes | $93.00 Million | +0.47% |
| Total Change | $- | 2.00% |
Book Value vs Market Value Analysis
This analysis compares Huntington Bancshares Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.66x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $6.07 | $16.12 | x |
| 1990-12-31 | $5.70 | $16.12 | x |
| 1991-12-31 | $4.71 | $16.12 | x |
| 1992-12-31 | $4.86 | $16.12 | x |
| 1993-12-31 | $5.69 | $16.12 | x |
| 1994-12-31 | $6.41 | $16.12 | x |
| 1995-12-31 | $6.71 | $16.12 | x |
| 1996-12-31 | $6.41 | $16.12 | x |
| 1997-12-31 | $8.65 | $16.12 | x |
| 1998-12-31 | $8.32 | $16.12 | x |
| 1999-12-31 | $8.38 | $16.12 | x |
| 2000-12-31 | $9.29 | $16.12 | x |
| 2001-12-31 | $9.68 | $16.12 | x |
| 2002-12-31 | $8.97 | $16.12 | x |
| 2003-12-31 | $9.82 | $16.12 | x |
| 2004-12-31 | $10.85 | $16.12 | x |
| 2005-12-31 | $10.95 | $16.12 | x |
| 2006-12-31 | $12.56 | $16.12 | x |
| 2007-12-31 | $19.60 | $16.12 | x |
| 2008-12-31 | $19.74 | $16.12 | x |
| 2009-12-31 | $10.01 | $16.12 | x |
| 2010-12-31 | $6.83 | $16.12 | x |
| 2011-12-31 | $6.24 | $16.12 | x |
| 2012-12-31 | $6.71 | $16.12 | x |
| 2013-12-31 | $7.22 | $16.12 | x |
| 2014-12-31 | $7.60 | $16.12 | x |
| 2015-12-31 | $8.07 | $16.12 | x |
| 2016-12-31 | $11.22 | $16.12 | x |
| 2017-12-31 | $9.52 | $16.12 | x |
| 2018-12-31 | $10.61 | $16.12 | x |
| 2019-12-31 | $11.17 | $16.12 | x |
| 2020-12-31 | $12.58 | $16.12 | x |
| 2021-12-31 | $15.00 | $16.12 | x |
| 2022-12-31 | $12.10 | $16.12 | x |
| 2023-12-31 | $13.18 | $16.12 | x |
| 2024-12-31 | $13.37 | $16.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huntington Bancshares Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.22%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 10.35x
- Recent ROE (9.83%) is below the historical average (9.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 14.99% | 9.31% | 0.10x | 16.21x | $35.93 Million |
| 1990 | 10.85% | 6.78% | 0.11x | 15.03x | $6.65 Million |
| 1991 | 13.72% | 9.59% | 0.10x | 14.46x | $31.70 Million |
| 1992 | 14.77% | 11.04% | 0.09x | 14.76x | $44.86 Million |
| 1993 | 17.88% | 15.36% | 0.09x | 13.30x | $104.44 Million |
| 1994 | 17.18% | 16.67% | 0.08x | 12.59x | $101.42 Million |
| 1995 | 16.10% | 14.30% | 0.08x | 13.34x | $92.61 Million |
| 1996 | 20.13% | 14.56% | 0.10x | 13.80x | $153.15 Million |
| 1997 | 14.45% | 12.59% | 0.09x | 13.20x | $90.16 Million |
| 1998 | 14.05% | 12.38% | 0.09x | 13.17x | $86.92 Million |
| 1999 | 19.34% | 16.24% | 0.09x | 13.31x | $203.86 Million |
| 2000 | 13.88% | 12.62% | 0.09x | 12.09x | $91.84 Million |
| 2001 | 5.58% | 4.72% | 0.10x | 11.79x | $-106.85 Million |
| 2002 | 14.78% | 12.29% | 0.10x | 12.57x | $104.75 Million |
| 2003 | 16.37% | 15.68% | 0.08x | 13.42x | $144.86 Million |
| 2004 | 15.72% | 18.45% | 0.07x | 12.83x | $145.16 Million |
| 2005 | 16.11% | 18.12% | 0.07x | 12.81x | $156.34 Million |
| 2006 | 15.30% | 17.55% | 0.07x | 11.72x | $159.79 Million |
| 2007 | 1.26% | 2.20% | 0.06x | 9.19x | $-519.75 Million |
| 2008 | -1.57% | -3.27% | 0.06x | 7.52x | $-836.70 Million |
| 2009 | -57.99% | -96.32% | 0.06x | 9.66x | $-3.63 Billion |
| 2010 | 6.27% | 9.80% | 0.06x | 10.81x | $-185.71 Million |
| 2011 | 10.01% | 18.35% | 0.05x | 10.05x | $803.00K |
| 2012 | 10.90% | 20.79% | 0.05x | 9.70x | $52.27 Million |
| 2013 | 10.53% | 22.32% | 0.05x | 9.76x | $32.27 Million |
| 2014 | 9.99% | 21.40% | 0.04x | 10.48x | $-425.00K |
| 2015 | 10.51% | 21.99% | 0.04x | 10.77x | $33.50 Million |
| 2016 | 6.91% | 18.83% | 0.04x | 9.67x | $-318.80 Million |
| 2017 | 10.97% | 25.03% | 0.05x | 9.63x | $104.60 Million |
| 2018 | 12.55% | 26.43% | 0.05x | 9.80x | $282.80 Million |
| 2019 | 11.96% | 24.95% | 0.05x | 9.24x | $231.50 Million |
| 2020 | 6.29% | 15.60% | 0.04x | 9.47x | $-482.30 Million |
| 2021 | 6.71% | 21.30% | 0.03x | 9.02x | $-634.70 Million |
| 2022 | 12.62% | 28.15% | 0.04x | 10.32x | $464.90 Million |
| 2023 | 10.08% | 18.10% | 0.06x | 9.78x | $15.70 Million |
| 2024 | 9.83% | 16.22% | 0.06x | 10.35x | $-34.00 Million |
Industry Comparison
This section compares Huntington Bancshares Incorporated's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $442,980,300
- Average return on equity (ROE) among peers: 10.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huntington Bancshares Incorporated (HBAN) | $22.29 Billion | 14.99% | 8.43x | $25.39 Billion |
| Ameris Bancorp (ABCB) | $366.03 Million | 10.58% | 10.03x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $141.98 Million | 7.29% | 7.40x | $5.70 Billion |
| ACNB Corporation (ACNB) | $60.44 Million | 13.39% | 8.39x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $75.66 Million | 1.80% | 2.78x | $136.89 Million |
| Alerus Financial Corp (ALRS) | $330.16 Million | 13.53% | 8.13x | $674.96 Million |
| Amalgamated Bank (AMAL) | $707.65 Million | 15.04% | 10.67x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $747.42 Million | 6.13% | 9.87x | $941.00 Million |
| Arrow Financial Corporation (AROW) | $353.54 Million | 13.80% | 10.23x | $612.07 Million |
| Associated Banc-Corp (ASB) | $1.53 Billion | 14.94% | 8.96x | $5.26 Billion |
| AmeriServ Financial Inc (ASRV) | $116.55 Million | 6.07% | 10.46x | $61.92 Million |
About Huntington Bancshares Incorporated
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, ins… Read more