Huntington Bancshares Incorporated (HBAN) financial statements (2021 and earlier)

Company profile

Business Address HUNTINGTON CTR
COLUMBUS, OH 43287
State of Incorp. MD
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,9161,6873,2371,6061,5188841,263
Cash and cash equivalents1,4361,1472,6721,5201,3858471,221
Short-term investments480540565861333742
Disposal group, including discontinued operation      416
Total current assets:1,9161,6873,2371,6061,5188841,679
Noncurrent Assets
Operating lease, right-of-use asset199210
Property, plant and equipment757763790864816621616
Intangible assets, net (including goodwill)2,6092,6972,8052,3392,395732597
Goodwill1,9901,9901,9891,9931,993677523
Intangible assets, net (excluding goodwill)6197078163464025575
Total noncurrent assets:3,5653,6703,5953,2033,2111,3521,214
Other undisclosed assets117,557103,645101,94999,37694,98568,80863,405
TOTAL ASSETS:123,038109,002108,781104,18599,71471,04566,298
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities     2 
Employee-related liabilities     2 
Debt1832,6062,0175,0563,6936152,397
Total current liabilities:1832,6062,0175,0563,6936172,397
Noncurrent Liabilities
Other undisclosed liabilities109,86294,60195,66288,31585,71363,83357,573
Total liabilities:110,04597,20797,67993,37189,40664,45059,970
Stockholders' equity
Stockholders' equity attributable to parent, including:12,99311,79511,10210,81410,3086,5956,328
Preferred stock2,1911,2031,2031,071   
Common stock101011111188
Treasury stock, value(59)(56)(45)(35)(27)(18)(13)
Additional paid in capital8,7818,8069,1819,7079,8817,0397,222
Accumulated other comprehensive income (loss)192(256)(609)(528)(401)(226)(222)
Retained earnings (accumulated deficit)1,8782,0881,361588(227)(594)(1,052)
Other undisclosed stockholders' equity attributable to parent    1,071386386
Total stockholders' equity:12,99311,79511,10210,81410,3086,5956,328
TOTAL LIABILITIES AND EQUITY:123,038109,002108,781104,18599,71471,04566,298

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3,5654,1103,8503,8613,2302,6882,439
Net investment income3,4263,9673,7133,2402,4942,0281,888
Financial services revenue621736660552
Cost of revenue(1,048)(287)(235)(201)(191)(100)(81)
Provision for loan, lease, and other losses(1,048)(287)(235)
Financial services costs(201)(191)(100)(81)
Gross profit:2,5173,8233,6153,6603,0392,5882,358
Operating expenses(635)(596)(591)(2,178)(1,975)(1,578)(1,893)
Other operating income, net
(Noninterest Income, Other Operating Income)
160183180185129133126
Operating income:2,0423,4103,2041,6671,1941,142592
Nonoperating income64666773555075
Investment income, nonoperating   6(2)(2)18
Bank owned life insurance income64666767585257
Interest and debt expense(423)(988)(760)(431)(263)(164)(139)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(711)(829)(883)85(66)(115)326
Income from continuing operations before income taxes:9721,6591,6281,394920914853
Income tax expense(155)(248)(235)(208)(208)(221)(221)
Net income attributable to parent:8171,4111,3931,186712693632
Other undisclosed net loss available to common stockholders, basic(100)(74)(70)(76)(65)(32)(32)
Net income available to common stockholders, basic:7171,3371,3231,110647661601
Dilutive securities, effect on basic earnings per share   31   
Net income available to common stockholders, diluted:7171,3371,3231,141647661601

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:8171,4111,3931,186712693632
Other comprehensive income (loss)448353(80)(34)(175)(4)(8)
Comprehensive income, net of tax, attributable to parent:1,2651,7641,3131,152537689624

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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