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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6873,2371,6061,5188841,2631,001
Cash and cash equivalents1,1472,6721,5201,3858471,2211,001
Short-term investments540565861333742 
Disposal group, including discontinued operation     416 
Total current assets:1,6873,2371,6061,5188841,6791,001
Noncurrent Assets
Operating lease, right-of-use asset210
Property, plant and equipment763790864816621616635
Intangible assets, net (including goodwill)2,6972,8052,3392,395732597537
Goodwill1,9901,9891,9931,993677523444
Intangible assets, net (excluding goodwill)707816346402557593
Total noncurrent assets:3,6703,5953,2033,2111,3521,2141,172
Other undisclosed assets103,645101,94999,37694,98568,80863,40557,303
TOTAL ASSETS:109,002108,781104,18599,71471,04566,29859,476
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities    2  
Employee-related liabilities    2  
Debt2,6062,0175,0563,6936152,397552
Total current liabilities:2,6062,0175,0563,6936172,397552
Noncurrent Liabilities
Other undisclosed liabilities94,60195,66288,31585,71363,83357,57352,825
Total liabilities:97,20797,67993,37189,40664,45059,97053,377
Stockholders' equity
Stockholders' equity attributable to parent, including:11,79511,10210,81410,3086,5956,3286,099
Preferred stock1,2031,2031,071    
Common stock10111111888
Treasury stock, value(56)(45)(35)(27)(18)(13)(10)
Additional paid in capital8,8069,1819,7079,8817,0397,2227,399
Accumulated other comprehensive loss(256)(609)(528)(401)(226)(222)(214)
Retained earnings (accumulated deficit)2,0881,361588(227)(594)(1,052)(1,470)
Other undisclosed stockholders' equity attributable to parent   1,071386386386
Total stockholders' equity:11,79511,10210,81410,3086,5956,3286,099
TOTAL LIABILITIES AND EQUITY:109,002108,781104,18599,71471,04566,29859,476

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,1103,8503,8613,2302,6882,439 
Net investment income3,9673,7133,2402,4942,0281,888 
Financial services revenue621736660552 
Cost of revenue(287)(235)(201)(191)(100)(81)(90)
Provision for loan, lease, and other losses(287)(235)
Financial services costs(201)(191)(100)(81)(90)
Gross profit:3,8233,6153,6603,0392,5882,358(90)
Operating expenses(596)(591)(2,178)(1,975)(1,578)(1,893)(1,334)
Other operating income, net
(Noninterest Income, Other Operating Income)
183180185129133126125
Operating income (loss):3,4103,2041,6671,1941,142592(1,299)
Nonoperating income66677355507555
Investment income, nonoperating  6(2)(2)18(2)
Bank owned life insurance income66676758525756
Interest and debt expense(988)(760)(431)(263)(164)(139)(156)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(829)(883)85(66)(115)3262,255
Income from continuing operations before income taxes:1,6591,6281,394920914853855
Income tax expense(248)(235)(208)(208)(221)(221)(216)
Net income attributable to parent:1,4111,3931,186712693632639
Other undisclosed net loss available to common stockholders, basic(74)(70)(76)(65)(32)(32)(32)
Net income available to common stockholders, basic:1,3371,3231,110647661601607
Dilutive securities, effect on basic earnings per share  31    
Net income available to common stockholders, diluted:1,3371,3231,141647661601607

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1,4111,3931,186712693632639
Other comprehensive income (loss)353(80)(34)(175)(4)(8)(63)
Comprehensive income, net of tax, attributable to parent:1,7641,3131,152537689624576

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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