Huntington Bancshares Incorporated
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Huntington Bancshares Incorporated's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $6,945,000,000. Profit margin reached 28%. Total operating expenses were $7,360,000,000.
Profit Margin
| 2014 | 2.81B | 632.39M | 22.45% |
|---|---|---|---|
| 2015 | 2.98B | 692.95M | 23.18% |
| 2016 | 3.51B | 685.12M | 19.47% |
| 2017 | 4.30B | 1.18B | 27.52% |
| 2018 | 4.51B | 1.39B | 30.89% |
| 2019 | 4.66B | 1.41B | 30.23% |
| 2020 | 4.81B | 817M | 16.97% |
| 2021 | 5.99B | 1.29B | 21.62% |
| 2022 | 7.25B | 2.23B | 30.85% |
| 2023 | 6.94B | 1.95B | 28.09% |
HBANL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 6.94B | 7.25B | 5.99B | 4.81B | 4.66B | 4.51B | 4.30B | 3.51B | 2.98B | 2.81B |
Cost of revenue | 0 | 5.96B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 6.94B | 1.28B | 5.99B | 4.81B | 4.66B | 4.51B | 4.30B | 3.51B | 2.98B | 2.81B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 115M | 91M | 89M | 38M | 37M | 53M | 60M | 62.95M | 52.21M | 50.56M |
Total operating expenses | 7.36B | 91M | -4.40B | -3.84B | -3.00B | -2.12B | 807M | 741.43M | 1.97B | 1.88B |
Operating income | 2.38B | 3.83B | 1.58B | 972M | 1.65B | 2.38B | 1.39B | 878.17M | 913.60M | 852.98M |
Other income (expenses), net | 0 | -1.07B | 2M | -283M | 1.65B | -760M | -510M | 919.76M | -293.39M | -305.47M |
Income before tax | 2.38B | 2.76B | 1.59B | 972M | 1.65B | 1.62B | 1.39B | 878.17M | 913.60M | 852.98M |
Income tax expense | 413M | 515M | 294M | 155M | 248M | 235M | 208M | 193.05M | 220.64M | 220.59M |
Net income | 1.95B | 2.23B | 1.29B | 817M | 1.41B | 1.39B | 1.18B | 685.12M | 692.95M | 632.39M |
Earnings per share | ||||||||||
Basic EPS | 1.26 | 1.47 | 0.91 | 0.7 | 1.29 | 1.33 | 1.02 | 0.69 | 0.82 | 0.73 |
Diluted EPS | 1.24 | 1.45 | 0.9 | 0.69 | 1.27 | 1.33 | 1 | 0.67 | 0.81 | 0.72 |
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