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Huntington Bancshares HBAN Net change in interest-bearing deposits in banks

Other financials

Income statement

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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$36.29B+57.2%
Enterprise value$40.57B+52.9%
P/E16.4×+5.2×
P/S4.1×+1.1×

Profitability

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

Returns & leverage

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

Questions, answered.

What does net change in interest-bearing deposits in banks mean?
Measures the net change in cash balances held by the bank in interest-bearing accounts at other financial institutions. This reflects the bank's strategy for managing excess liquidity and earning interest on idle cash.