(VIANEWS) - Shares of Huntington Bancshares (NASDAQ: HBAN) dropped by a staggering 15.7% in 5 sessions from $11.15 at -15.7, to $9.40 at 14:52 EST on Thursday, after three sequential sessions in a row of losses. NASDAQ is sliding 0.18% to $12,004.07, after three consecutive sessions in a row of losses.
Huntington Bancshares's last close was $10.07, 36.02% under its 52-week high of $15.74.
About Huntington Bancshares
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 operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.55.
PE Ratio
Huntington Bancshares has a trailing twelve months price to earnings ratio of 6.06. Meaning, the purchaser of the share is investing $6.06 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 12.83%.Yearly Top and Bottom Value
Huntington Bancshares's stock is valued at $9.40 at 14:52 EST, below its 52-week low of $9.94.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2023, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 5.72%.
Moving Average
Huntington Bancshares's worth is way below its 50-day moving average of $12.35 and way below its 200-day moving average of $13.73.Revenue Growth
Year-on-year quarterly revenue growth grew by 13.3%, now sitting on 7.17B for the twelve trailing months.
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