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Huntington Bancshares HBAN Vehicle Finance — Interest Income (Expense), Net

Discontinued — last reported Q1 '23

Other segment segments

Consumer & Regional Banking
$1.37B+44.8%
Commercial Banking
$640M+24.8%

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Other financials

Income statement

See full
Revenue$2.6B+34.0%
Net income$523.0M-0.8%
EPS (diluted)$0.25-26.5%

Balance sheet

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Cash & equivalents$19.2B+25.3%
Total debt$23.5B+25.1%
Total equity$32.5B+59.2%
Total assets$285.37B+36.2%

Cash flow

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Operating cash flow$524.0M+2.1%
CapEx$124.0M+130%
Free cash flow$400.0M-12.9%

Valuation

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Market cap$34.18B+45.4%
Enterprise value$38.46B+42.5%
P/E15.5×+4.0×
P/S3.9×+0.8×

Profitability

See full
Net margin25%-2.1pp
FCF margin24.4%+0.6pp

Returns & leverage

See full
Return on equity8.3%-2.0pp
Debt / equity0.7×-0.2×

Where this comes from

Reported directly by Huntington Bancshares in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The official record: Huntington Bancshares’s 10-Q, filed April 28, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Huntington Bancshares's vehicle finance — interest income (expense), net?
Huntington Bancshares (HBAN) reported vehicle finance — interest income (expense), net of $114M in Q1 2023.
How has Huntington Bancshares's vehicle finance — interest income (expense), net changed year-over-year?
Huntington Bancshares's vehicle finance — interest income (expense), net decreased by 5.0% year-over-year, from $120M to $114M.
What does vehicle finance — interest income (expense), net mean?
The net interest profit earned from the vehicle finance loan portfolio.
How do you interpret vehicle finance — interest income (expense), net?
An increase suggests improved loan yields or lower funding costs, while a decrease indicates margin compression.
How does vehicle finance — interest income (expense), net compare across companies?
Directly comparable to net interest income metrics for auto lending segments at other regional banks.