Huntington Bancshares Incorporated (HBAN) vs Itau Unibanco Holding S.A. (ITUB)

Huntington Bancshares Incorporated and Itau Unibanco Holding S.A. are both Banks Regional companies. Itau Unibanco Holding S.A. is the larger, with a market value of $43.5B against $31.0B — 1.4× the size. Itau Unibanco Holding S.A. trades at the lower P/E: 10.3× against 11.8×. Itau Unibanco Holding S.A. grew revenue faster over the last twelve months: 29.0% against 18.5%. Huntington Bancshares Incorporated has the higher net margin (15.6% vs 12.1%) and the lower return on invested capital (5.23% vs 12.7%). Both pay a dividend; Itau Unibanco Holding S.A. yields more (6.39% vs 5.20%). Across the 20 metrics below, Itau Unibanco Holding S.A. leads on 13 and Huntington Bancshares Incorporated on 7.

Valuation

Metric HBAN ITUB Banks Regional median
P/E 11.85 10.34 12.15
P/S 2.19 1.22 2.37
P/B 1.06 1.98 1.21
Price to free cash flow 11.78 3.08 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.36 1.30 2.27
Earnings yield 8.44% 9.67% 8.11%
Free cash flow yield 8.49% 32.49% 8.98%

Profitability

Metric HBAN ITUB Banks Regional median
Gross margin 67.44% 44.92% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.59% 12.12% 18.66%
Free cash flow margin 18.62% 39.73% 21.18%
Return on equity 9.21% 21.16% 10.64%
Return on assets 0.91% 1.55% 1.13%
Return on invested capital 5.23% 12.72% 8.33%

Growth

Metric HBAN ITUB Banks Regional median
Revenue growth (TTM) 18.53% 28.98% 6.61%
EPS growth (last fiscal year) 13.93% 5.94% —
Revenue growth, 5-year CAGR 18.97% 15.52% 12.30%
Net income growth, 5-year CAGR 23.82% 16.99% 9.71%

Health

Metric HBAN ITUB Banks Regional median
Debt to equity 0.57 2.44 0.22
Current ratio 0.92 1.08 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric HBAN ITUB Banks Regional median
Dividend yield 5.20% 6.39% 3.75%
Payout ratio 0.40 0.47 0.27

Size

Metric HBAN ITUB Banks Regional median
Market cap 31.01b 43.50b 921.07m

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