Stock fact sheet · data as of
Huntington Bancshares Incorporated (HBANZ): fair value, margin of safety and Wheel Score
Ticker symbol HBANZ · Financial Services · Banks - Regional · United States · Depositary preferred shares · Fund / Note
HBANZ is not Huntington Bancshares Incorporated's common stock: it is a depositary share of its preferred stock - each one a fraction of a single preferred share. Preferred shares pay a set dividend and rank ahead of the common stock if the company fails, but usually carry no vote and do not share in the company's growth the same way. The valuation models on this page are built for common stock and say little about a preferred share. The common stock trades as HBAN (common stock).
Is HBANZ undervalued?
HBANZ closed at 18.20 on 5 Nov 2026, which is 14% above the GLS average fair value of 15.90 from 9 models. 5 of them value the shares below today's price. Our scans read that as "no margin of safety": the stock is not a value candidate at this price, whatever the quality numbers say.
There is a wide gap between DCF (1.18) and 10 Cap (37.02). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
HBANZ looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for HBANZ
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 1.18 | -94% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 21.03 | +16% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 22.55 | +24% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 5.59 | -69% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.13 | -83% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 37.02 | +103% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 27.98 | +54% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 9.12 | -50% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 15.53 | -15% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -95.90 | -627% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
No Piotroski health score is on file for HBANZ (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. There is no GLS Moat score for HBANZ: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are moderate - ROIC 5.2%, ROE 9.1%, ROA 1.0% - with debt at 0.76 times equity and a free-cash-flow yield of 9.4%.
The dividend yield is 3.86% at a payout ratio of 50%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 4/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | 5.2% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 9.1% |
| Debt / equity | 0.76 | ROA | 1.0% |
| Free-cash-flow yield | 9.4% | Payout ratio | 50% |
| Institutions | 5 / 10 | Insiders · Congress | 4 · 5 / 10 |
Wheel Score 15: No options
No options are listed on Huntington Bancshares Incorporated in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 15, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 29k shares a day on a market cap of $32.8B, with a beta of 0.95; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Fails | trades 14% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 14% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Strong | beta 0.95, $32.8B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 28 Jan 2027, 84 days away - outside the window of a 30-45-day put sold today. The shares go ex-dividend on 5 Nov 2026 (0.3438 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Huntington Bancshares Incorporated by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HBANM Huntington Bancshares Incorporated | 18.95 | 19.20 | +1% | 23No options | $32.5B |
| MTB M&T Bank Corporation | 224.64 | 367.14 | +39% | 75Good | $32.4B |
| HBAN Huntington Bancshares Incorporated | 16.06 | 17.83 | +10% | 41Weak | $32.4B |
| NWG NatWest Group plc | 16.55 | 70.41 | +76% | 50Fair | $33.5B |
| HBANP Huntington Bancshares Incorporated | 15.02 | 17.34 | +13% | 28No options | $31.9B |
| HBANL Huntington Bancshares Incorporated | 24.69 | 21.93 | -13% | 23No options | $34.1B |
| BSBR Banco Santander (Brasil) S.A. | 4.76 | 8.85 | +46% | 37Weak | $35.6B |
| SHG Shinhan Financial Group Co., Ltd. | 65.06 | 212.28 | +69% | 52Fair | $30.1B |
| BBD Banco Bradesco S.A. | 2.57 | 17.92 | +86% | 59Fair | $28.3B |
| CFG Citizens Financial Group, Inc. | 65.90 | 79.25 | +17% | 70Good | $27.6B |
| FCNCP First Citizens BancShares, Inc. | 18.13 | 2,716.08 | +99% | 40No options | $27.3B |
| BBDO Banco Bradesco S.A. | 2.44 | 16.58 | +85% | 40No options | $27.3B |
⚖ Compare HBANZ with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about HBANZ
Is HBANZ the same as Huntington Bancshares Incorporated stock?
No. HBANZ is not Huntington Bancshares Incorporated's common stock: it is a depositary share of its preferred stock - each one a fraction of a single preferred share. Preferred shares pay a set dividend and rank ahead of the common stock if the company fails, but usually carry no vote and do not share in the company's growth the same way. The valuation models on this page are built for common stock and say little about a preferred share. The common stock trades as HBAN (common stock).
Is HBANZ undervalued right now?
No: at 18.20 the stock trades 14% above the GLS average fair value of 15.90 (data as of 5 Nov 2026). The margin of safety is negative.
What is the Wheel Score of HBANZ and what does it mean?
HBANZ has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for HBANZ?
15.90 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Huntington Bancshares Incorporated report earnings next?
The next earnings report is due on 28 Jan 2027, 84 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does HBANZ have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on HBANZ, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.