Discontinued — last reported Q1 '23
Business Segments · Net Income (Loss) Attributable to Parent
Vehicle Finance — Net Income (Loss) Attributable to Parent
Huntington Bancshares Vehicle Finance — Net Income (Loss) Attributable to Parent increased by 46.7% to $44.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 34.3%, from $67.00M to $44.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2017
Last reportedQ1 2023
Rolls up toNet Income
How to read this metric
Higher values indicate a stronger contribution to the bank's overall financial performance.
Detailed definition
The bottom-line profitability of the vehicle finance segment after all expenses, taxes, and non-controlling interests ar...
Peer comparison
The standard 'bottom line' metric for evaluating segment performance across the banking sector.
Metric ID:
hban_segment_vehicle_finance_net_income_loss_attributable_to_parentHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $84.00M | $82.00M | $77.00M | $67.00M | -$5.00M | $99.00M | $30.00M | $44.00M |
| QoQ Change | — | -2.4% | -6.1% | -13.0% | -107.5% | >999% | -69.7% | +46.7% |
| YoY Change | — | — | — | — | -106.0% | +20.7% | -61.0% | -34.3% |
Range-$5.00M – $99.00M
CAGR-30.9%
Avg YoY Growth-45.1%
Median YoY Growth-47.7%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Huntington Bancshares's vehicle finance — net income (loss) attributable to parent?
- Huntington Bancshares (HBAN) reported vehicle finance — net income (loss) attributable to parent of $44.00M in Q1 2023.
- How has Huntington Bancshares's vehicle finance — net income (loss) attributable to parent changed year-over-year?
- Huntington Bancshares's vehicle finance — net income (loss) attributable to parent decreased by 34.3% year-over-year, from $67.00M to $44.00M.
- What does vehicle finance — net income (loss) attributable to parent mean?
- The net profit generated by the vehicle finance business for the parent company.