The PE ratio for Huntington Bancshares stock stands at 13.45 as of Jul 25, 2024. This results from the current EPS of $1.12 and stock price of $15.06. An increase of 48% has been seen in the P/E ratio compared to the average of 9.1 of the last 4 quarters.
Over the last ten years, the average PE ratio of Huntington Bancshares has been 12.88. The current 13.45 PE ratio is 4.4% above the historical average. Over the past ten years, HBAN's PE ratio was at its highest in the Mar 2022 quarter at 19.76, with a price of $14.62 and an EPS of $0.74. The Sep 2023 quarter recorded the bottom point at 6.8, with a price of $10.4 and an EPS of $1.53.
Maximum annual increase: 52.18% in 2020
Maximum annual decrease: -43.42% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.1 | 5.32% |
| 2022 | 9.59 | -43.42% |
| 2021 | 16.95 | -4.72% |
| 2020 | 17.79 | 52.18% |
| 2019 | 11.69 | 19.65% |
| 2018 | 9.77 | -31.53% |
| 2017 | 14.27 | -22.28% |
| 2016 | 18.36 | 36.1% |
| 2015 | 13.49 | -6.38% |
| 2014 | 14.41 | 9% |
HBAN's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peers BAC and PNC, HBAN's PE ratio stands lower, however it is higher than FITB's and FNB's. Huntington Bancshares's current PE ratio of 13.45 is below the average of its peers, which is 13.73.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OVBC Ohio Valley Banc Corp | 9.63 | $111.21M |
| PEBO Peoples Bancorp Inc | 10.07 | $1.2B |
| FFBC First Financial Bancorp | 11.19 | $2.68B |
| FNB Fnb Corp | 12.54 | $5.59B |
| FITB Fifth Third Bancorp | 13.42 | $28.91B |
| HBAN Huntington Bancshares Inc | 13.51 | $21.93B |
| WSBC Wesbanco Inc | 13.66 | $1.95B |
| BAC Bank Of America Corp | 14.27 | $325.87B |
| PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
| PRK Park National Corp | 23.38 | $3B |
As of Jul 25, 2024, HBAN stock has a price to earnings ratio of 13.45.
Over the last 3 years, the average price to earnings ratio for HBAN stock is 11.52.
Over the last 5 years, the average price to earnings ratio for HBAN stock is 11.98.
Over the last ten years, the quarterly PE ratio reached a historic high of 19.76 in the Mar 2022 quarter.
HBAN's price to earnings ratio is currently 4.4% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Huntington Bancshares's stock price is $15.06. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.12. Therefore, Huntington Bancshares's P/E ratio for today is 13.45. PE RATIO(13.45) = STOCK PRICE($15.06) / TTM EPS($1.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.