Huntington Bancshares Intrinsic Value – Huntington Bancshares Shares Sink 0.16% on Dismal Trading Session
August 11, 2023
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Huntington Bancshares ($NASDAQ:HBAN) Inc. experienced a decline in its share price on Friday, continuing the dismal trading session the stock market saw that day. The company’s shares dropped 0.16% to $12.19 by the end of trading. Huntington Bancshares Inc. is an American bank holding company based in Columbus, Ohio.
It is the legal successor to The Huntington National Bank and is engaged in providing a wide range of financial services, including retail, small business, commercial banking, consumer finance, mortgage banking, trust services and investments. For investors looking to gain exposure to the financial services sector, Huntington Bancshares Inc. is a viable option.
Analysis – Huntington Bancshares Intrinsic Value
GoodWhale analyzed the fundamentals of HUNTINGTON BANCSHARES and determined that the fair value of its shares is around $15.5 per share. This value was calculated using GoodWhale’s proprietary Valuation Line model. At the current market price of $12.2 per share, HUNTINGTON BANCSHARES is undervalued by 21.3%. Therefore, investors may want to consider taking advantage of this discrepancy and buying the stock at the lower price. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Huntington Bancshares. More…
| Total Revenues | Net Income | Net Margin |
| – | 2.27k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Huntington Bancshares. More…
| Operations | Investing | Financing |
| 4.03k | -11.61k | 8.76k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Huntington Bancshares. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 188.5k | 169.67k | – |
Key Ratios Snapshot
Some of the financial key ratios for Huntington Bancshares are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.8% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Peers
As of December 31, 2018, Huntington had $108 billion in assets and 1,102 branches across eight Midwestern states. RHB Bank Bhd is a Malaysian bank with a strong presence across Southeast Asia. As of March 31, 2019, RHB had RM206 billion in assets and 1,633 branches. First Citizens BancShares Inc is a bank holding company headquartered in Raleigh, North Carolina. As of December 31, 2018, First Citizens had $34.1 billion in assets and 575 branches across 19 states and Washington, D.C. Schweizerische Nationalbank is the central bank of Switzerland. As of December 31, 2018, it had CHF746 billion in assets.
– RHB Bank Bhd ($KLSE:1066)
RHB Bank Bhd is a leading Malaysian bank with a market capitalisation of 24.14 billion as of 2022. The bank offers a comprehensive range of banking and financial services to both retail and corporate customers. RHB Bank is one of the largest banks in Malaysia with a strong presence in all major cities and towns. The bank has a wide network of branches and ATMs nationwide. RHB Bank is a major player in the Malaysian banking industry and is well-positioned to capture growth opportunities in the country.
– First Citizens BancShares Inc ($NASDAQ:FCNCA)
First Citizens BancShares Inc is a bank holding company. The Company’s principal subsidiary, First-Citizens Bank & Trust Company (the Bank), is a state-chartered commercial bank. The Bank offers a range of banking services to individuals, businesses, nonprofit organizations, and governmental units. It operates approximately 550 full-service banking offices in 19 states. The Bank’s primary deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit of various types and maturities. It also offers a range of loan products, such as commercial loans, construction loans, consumer loans, real estate loans and home equity lines of credit. First Citizens BancShares Inc has a market cap of 13.42B as of 2022.
– Schweizerische Nationalbank ($OTCPK:SWZNF)
The Schweizerische Nationalbank (SNB) is the central bank of Switzerland and is responsible for the country’s monetary policy. The SNB has a market capitalization of 417.19 million as of 2022. The bank is headquartered in Bern and has branches in Zurich and Basel. The SNB is a member of the European System of Central Banks and the Bank for International Settlements.
Summary
Investment analysts at Huntington Bancshares Inc. have recently released their latest analysis, which showed a decrease in stock prices by 0.16%. Despite the overall dismal performance in the stock market, the analysts remained optimistic for the future of the company. They highlighted that investors should be aware of the risks associated with investing in such a volatile environment, but ultimately recommended using caution when buying or selling Huntington Bancshares stocks. It is advised that potential investors conduct thorough research and keep an eye on key developments, ensuring they make informed decisions when investing in any stock.
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