Huntington Bancshares (HBAN) Revenue — Quarter Ended Dec 31, 2023
Revenue increased during the quarter. The growth was supported by the prior quarter's trend and surpassed the year-ago level.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased during the quarter. The growth was supported by the prior quarter's trend and surpassed the year-ago level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$353M
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $377M | +22.4% |
| Jun 30, 2023 | $332M | +3.1% |
| Sep 30, 2023 | $338M | -2.0% |
| Dec 31, 2023 | $353M | +2.9% |
Revenue performance
Revenue for the quarter moved higher compared with the immediately preceding quarter. The sequential improvement followed a decline in the earlier period.
Quarterly comparison
When compared with the same quarter one year earlier, revenue also showed an increase. This marks a continuation of the year-over-year growth pattern observed in the most recent completed periods.
What to watch
The filing context includes a detailed loan and lease maturity schedule, indicating the company’s focus on liquidity and capital resource disclosure.