Discontinued — last reported Q1 '23

Business Segments · Noninterest income

Vehicle Finance — Noninterest income

Huntington Bancshares Vehicle Finance — Noninterest income remained flat by 0.0% to $3.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $3.00M to $3.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2017
Last reportedQ1 2023

How to read this metric

Higher values suggest a more diversified and robust revenue model for the auto lending segment.

Detailed definition

The aggregate of all noninterest revenue streams generated by the vehicle finance segment, including service fees and ot...

Peer comparison

Standard metric for banks with significant auto finance operations to track non-interest revenue contribution.

Metric ID: hban_segment_vehicle_finance_noninterest_income

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23
Value$2.00M$4.00M$4.00M$3.00M$3.00M$4.00M$3.00M$3.00M
QoQ Change+100.0%+0.0%-25.0%+0.0%+33.3%-25.0%+0.0%
YoY Change+50.0%+0.0%-25.0%+0.0%
Range$2.00M$4.00M
CAGR+26.1%
Avg YoY Growth+6.3%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Huntington Bancshares's vehicle finance — noninterest income?
Huntington Bancshares (HBAN) reported vehicle finance — noninterest income of $3.00M in Q1 2023.
How has Huntington Bancshares's vehicle finance — noninterest income changed year-over-year?
Huntington Bancshares's vehicle finance — noninterest income decreased by 0.0% year-over-year, from $3.00M to $3.00M.
What does vehicle finance — noninterest income mean?
Total non-interest revenue generated by the vehicle finance business.