Huntington Bancshares (HBAN) Revenue — Quarter Ended Sep 30, 2024
Revenue increased from the immediate prior quarter and rose from the same quarter a year ago. The improvement indicates continued growth momentum for the business.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased from the immediate prior quarter and rose from the same quarter a year ago. The improvement indicates continued growth momentum for the business.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$362M
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
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 |
|---|---|---|
| Dec 31, 2023 | $353M | +2.9% |
| Mar 31, 2024 | $336M | -10.9% |
| Jun 30, 2024 | $360M | +8.4% |
| Sep 30, 2024 | $362M | +7.1% |
Revenue performance
The quarter's revenue edged higher sequentially, extending the upward trend. On a year-over-year basis, revenue rose notably, reflecting sustained demand.
Quarterly comparison
Compared to the prior quarter, revenue saw a modest increase, while the year-over-year comparison showed a more pronounced rise.
What to watch
The company declared a quarterly common stock dividend, continuing its established capital return policy.