Huntington Bancshares
Financial Performance
Huntington Bancshares Revenue & Financials
Revenue
$7.3B (FY2024)
Employees
20,100
What is Huntington Bancshares's revenue?
Huntington Bancshares had $7.3B in revenue for fiscal year 2024, up 0% from 2023.
- Latest revenue
- $7.3B (FY2024)
- Year-over-year
- +0%
- Growth rate (CAGR)
- 7.4% over 3 years
- Peak revenue
- $7.3B (FY2024)
- Years of data
- 4
- Employees
- 20,100
- How many employees does Huntington Bancshares have?
- Huntington Bancshares has about 20,100 employees.
Financial Analysis
Huntington produced total revenues of $7.3 billion in 2024, underpinned by resilient net interest income and growing specialty fee income from Capstone Partners. The successful integration of TCF Financial Corporation expanded Huntington's asset base by roughly $48 billion, generating substantial cost efficiencies and opening lucrative commercial markets in Minnesota, Colorado, and suburban Chicago. Its disciplined balance sheet management ensures robust capital buffers against macroeconomic fluctuations.
Revenue Trend Analysis
YoY Change
+0%
3-Year CAGR
+7.4%
Peak Year
2024
Trend
Not enough comparable years
Huntington Bancshares has 4 full fiscal year figures on this page, compounding at +7.4% annually over 3 years. The most recent year saw a 0% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $7.3B. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $7.3B | +0.0% |
| FY2023 | $7.3B | +2.8% |
| FY2022 | $7.1B | +20.3% |
| FY2021 | $5.9B | — |
Click any row to see year details.
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Huntington Bancshares Revenue and Financial FAQ
What was Huntington Bancshares's revenue in 2021?
Huntington Bancshares achieved $7.3B in revenue for fiscal year 2021.
Is Huntington Bancshares profitable?
Huntington Bancshares's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Huntington Bancshares growing?
Huntington Bancshares has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Huntington Bancshares fund its capital expenditures?
Huntington Bancshares funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Huntington Bancshares's debt profile?
Huntington Bancshares maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Huntington Bancshares reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Huntington Bancshares Revenue & Financials." CorpDigest, https://corpdigest.com/company/huntington-bank/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Huntington Bancshares reported $7.3B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/huntington-bank/financials" target="_blank" rel="noopener">CorpDigest — Huntington Bancshares financials</a></div>Related Financial Audits
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