Huntington Bancshares Incorporated (HBAN) Stock Valuation — PE Analysis
Banks - Regional · NASDAQ
Current Price
$17.52
PE Ratio (TTM)
14.8x
Intrinsic Value
$28.5
+38.5% margin of safety
COMPETITIVE MOAT
↑Regional Deposit Franchise
Huntington benefits from a strong, sticky deposit base in its core Midwest markets. This provides a stable and low-cost funding source, crucial for lending operations.
↑Integrated Digital Capabilities
The bank is investing in and enhancing its digital platforms. This improves customer experience and operational efficiency, attracting and retaining a broader customer base.
↑Strategic Acquisitions
Past acquisitions have expanded Huntington's geographic reach and product offerings. This inorganic growth strategy has strengthened its competitive position in key markets.
INVESTMENT RISKS
↓Interest Rate Sensitivity
As a regional bank, Huntington's profitability is sensitive to fluctuations in interest rates. Changes in the yield curve can impact net interest margins and loan demand.
↓Competitive Landscape
The banking industry is highly competitive, with pressure from large national banks, credit unions, and fintechs. Maintaining market share requires continuous innovation and customer focus.
↓Economic Downturn Impact
A significant economic slowdown could lead to increased loan defaults and reduced demand for banking services. This would negatively affect Huntington's asset quality and earnings.
Base case
HBAN base case PE valuation
A base case PE valuation for HBAN estimates a fair value of about $28.5 per share, against a current price of $17.52. The model assumes 14.7% annual earnings growth, a 15x target PE multiple, and a 10% discount rate.
Intrinsic Value
$28.5
Margin of safety
+38.5%
Expected annual return
+10.2%
Base case assumptions: 14.7% annual earnings growth, 15x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the HBAN PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Huntington Bancshares Incorporated respond.
Open PE Calculator for HBANCompany Overview
Huntington Bancshares Incorporated, established in Columbus, Ohio, in 1866, operates as the bank holding company for The Huntington National Bank, providing a comprehensive suite of commercial, consumer, and mortgage banking services across the United States. Its operations are organized into four key segments. The Consumer and Business Banking segment offers essential financial products to individuals and small businesses, including checking, savings, money market, and certificate of deposit accounts, along with credit cards, various loans, and investment opportunities. This segment also facilitates mortgages, insurance, interest rate risk protection, foreign exchange, and provides convenient access through ATMs, online, mobile, and telephone banking. For larger entities, the Commercial Banking segment delivers specialized financial solutions to middle-market businesses, government and public sector organizations, and commercial real estate developers/REITs. It extends tailored services to industries such as healthcare, technology, telecommunications, franchise finance, sponsor finance, and global services, encompassing asset finance, capital raising, sales and trading, corporate risk management, institutional banking, and treasury management. The Vehicle Finance segment aids consumers in financing purchases of automobiles, light-duty trucks, recreational vehicles, and marine craft through dealerships, while also offering inventory financing for new and used vehicles to franchised dealerships. Finally, the Regional Banking and The Huntington Private Client Group segment focuses on delivering private banking, wealth and investment management, and retirement planning services. As of March 18, 2022, Huntington Bancshares maintained a significant footprint with approximately 1,000 branches operating across 11 states.
Financial Metrics — HBAN PE Stock Valuation Data
PE Ratio (TTM)
14.8x
PEG Ratio
9.72
Earnings Yield
6.74%
ROE (TTM)
8.8%
Revenue/Share (TTM)
$7.10
Dividend Yield
3.54%
Debt/Equity
0.72x
Frequently Asked Questions
What is the PE ratio of HBAN?
The trailing twelve-month PE ratio of HBAN reflects how much investors pay per dollar of Huntington Bancshares Incorporated's earnings. This metric is most useful when compared to Banks - Regional peers and the company's own historical range.
Is HBAN overvalued based on PE ratio?
HBAN's PE of 14.8x combined with a PEG ratio of 9.72 provides a growth-adjusted perspective. A PEG above 2.0 suggests HBAN may be richly valued even accounting for growth. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Banks - Regional, a DCF analysis may be more appropriate.
How do I value HBAN stock using PE ratio?
To value Huntington Bancshares Incorporated using PE: (1) Compare the current PE (14.8x) against the Banks - Regional median to assess relative pricing, (2) check the PEG ratio (9.72) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of HBAN?
HBAN's PEG ratio is 9.72, calculated by dividing the PE ratio (14.8x) by the expected earnings growth rate. A PEG above 2.0 often signals the stock is priced aggressively relative to its growth trajectory. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for HBAN stock valuation?
PE ratio gives a quick relative read — how HBAN is priced versus Banks - Regional peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See HBAN DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Financial Services valuationsP/E and DCF value HBAN with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.