Huntington Bancshares (HBAN) Non Operating Interest Expenses (2009 - 2024)
Huntington Bancshares' (HBAN) quarterly Non Operating Interest Expenses came in at $1.1 billion in Q1 2024, up 76.58% year-over-year from $619.0 million in Q2 2023, and up 5.71% quarter-over-quarter from $1.0 billion in Q4 2023.
Analysis
Huntington Bancshares (HBAN) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Huntington Bancshares (HBAN) has reported Non Operating Interest Expenses for 16 consecutive years, with $1.1 billion the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 76.58% year-over-year to $1.1 billion in Q1 2024; TTM through Mar 2024 was $4.0 billion, a 212.09% increase from a year earlier, with the FY2023 full-year figure at $3.5 billion, up 399.57% from the prior year.
- Non Operating Interest Expenses was $1.1 billion for Q1 2024 at Huntington Bancshares, up from $1.0 billion in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $1.1 billion in Q1 2024 and troughed at -$103.0 million in Q1 2021.
- A 5-year average of $339.9 million and a median of $110.0 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses tumbled 155.68% in 2021 and surged 1163.27% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $53.0 million in 2020, then slipped by 5.66% to $50.0 million in 2021, then surged by 684.0% to $392.0 million in 2022, then surged by 163.78% to $1.0 billion in 2023, then rose by 5.71% to $1.1 billion in 2024.
- The last three Non Operating Interest Expenses figures came in at $1.1 billion (Q1 2024), $1.0 billion (Q4 2023), and $945.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -538.61 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.03 Bn |
| Sep 30, 2023 | 945.00 Mn |
| Jun 30, 2023 | 879.00 Mn |
| Mar 31, 2023 | 619.00 Mn |
| Dec 31, 2022 | 392.00 Mn |
| Sep 30, 2022 | 185.00 Mn |
| Jun 30, 2022 | 70.00 Mn |
| Mar 31, 2022 | 49.00 Mn |
| Dec 31, 2021 | 50.00 Mn |
| Sep 30, 2021 | 45.00 Mn |
| Jun 30, 2021 | 97.00 Mn |
| Mar 31, 2021 | -103.00 Mn |
| Dec 31, 2020 | 53.00 Mn |
| Sep 30, 2020 | 75.00 Mn |
| Jun 30, 2020 | 110.00 Mn |
| Mar 31, 2020 | 185.00 Mn |
| Dec 31, 2019 | 231.00 Mn |
| Sep 30, 2019 | 253.00 Mn |
| Jun 30, 2019 | 256.00 Mn |