Huntington Bancshares Incorporated

NASDAQ HBANP

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Huntington Bancshares Incorporated Net Operating Profit After Tax (NOPAT) 3 year CAGR for the year ending December 31, 2023: 31.91%

Huntington Bancshares Incorporated Net Operating Profit After Tax (NOPAT) 3 year CAGR is 31.91% for the year ending December 31, 2023, a 5.96% change year over year. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Huntington Bancshares Incorporated Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2022 was 3,200,187,047.76, a 133.94% change year over year.
Huntington Bancshares Incorporated Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2021 was 1,367,923,318.67, a 60.66% change year over year.
Huntington Bancshares Incorporated Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2020 was 851,461,934.16, a -41.39% change year over year.
Huntington Bancshares Incorporated Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2019 was 1,452,675,105.49.

NASDAQ: HBANP

Huntington Bancshares Incorporated

CEO	-
IPO Date	Feb. 2, 2021
Location	United States
Headquarters	Huntington Center, Columbus, OH, United States, 43287
Employees	19,719
Sector	Financial Services
Industry	Banks - regional

Description

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-hour grace, asterisk-free checking, money scout, $50 safety zone, standby cash, early pay, instant access, savings goal getter, and Huntington heads up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.

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