Huntington Bancshares Incorporated (HBAN) Stock Valuation — PE Analysis
Banks - Regional · NASDAQ
Current Price
$16.84
PE Ratio (TTM)
12.4x
Intrinsic Value
$22.53
+25.2% margin of safety
COMPETITIVE MOAT
↑Established Regional Brand Recognition
Huntington has built a strong, recognizable brand across its core Midwestern markets. This familiarity fosters customer trust and loyalty, creating a barrier to entry for new competitors.
↑Deep Customer Relationships
The bank cultivates long-term relationships through personalized service and a wide range of financial products. This deepens switching costs for existing customers who value convenience and established trust.
↑Branch Network Density
A significant physical branch presence in its operating regions provides accessibility and convenience. This network is a key differentiator, especially for customers who prefer in-person banking interactions.
INVESTMENT RISKS
↓Interest Rate Sensitivity
As a traditional bank, Huntington's profitability is significantly influenced by interest rate fluctuations. Changes in rates can impact net interest margins and loan demand.
↓Regulatory Environment
The banking sector is heavily regulated. Changes in regulations, capital requirements, or compliance costs can impact operational efficiency and profitability.
↓Economic Downturn Impact
A recession or significant economic slowdown could lead to increased loan defaults and reduced demand for banking services, negatively affecting financial performance.
Base case
HBAN base case PE valuation
At a current price of $16.84, the base case PE valuation puts HBAN fair value near $22.53 per share. That figure assumes 9.1% yearly earnings growth, a target PE multiple of 14x, and a 10% discount rate.
Intrinsic Value
$22.53
Margin of safety
+25.2%
Expected annual return
+6.0%
Base case assumptions: 9.1% annual earnings growth, 14x target PE, 10% discount rate, 5 year projection. Data as of 2026-07-29.
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)
12.4x
PEG Ratio
n/m
Earnings Yield
7.32%
ROE (TTM)
8.6%
Revenue/Share (TTM)
$7.40
Dividend Yield
3.68%
Debt/Equity
0.67x
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 12.4x combined with a PEG ratio of -557651600918523.19 provides a growth-adjusted perspective. HBAN has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. 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 (12.4x) against the Banks - Regional median to assess relative pricing, (2) check the PEG ratio (-557651600918523.19) 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 -557651600918523.19, calculated by dividing the PE ratio (12.4x) by the expected earnings growth rate. Because HBAN has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. 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 2026-07-29. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.