Huntington Bancshares Incorporated
1.87xPrice / tangible book
Market cap
$33.97B
Tangible equity
$18.20B
Price / tangible book
1.87x
Price / book
1.40x
Return on equity
9.1%
Return on assets
1.0%
Efficiency ratio
40.2%
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: HBAN stock price at discount vs PAYC $16.76 current versus $37.70 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PAYC's multiple
Implied fair value · at HBAN's multiple
Snapshot Sep 8, 2026, 4:00 PM ET
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Multiple discount
Multiple discount
Profitability lag
Asset efficiency lag
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: HBAN FY 2025 (ended Dec 31, 2025) · PAYC FY 2025 (ended Dec 31, 2025).
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / tangible book
Market cap
$33.97B
Tangible equity
$18.20B
Price / tangible book
1.87x
Price / book
1.40x
Return on equity
9.1%
Return on assets
1.0%
Efficiency ratio
40.2%
Price / tangible book
Market cap
$9.88B
Tangible equity
$1.64B
Price / tangible book
6.02x
Price / book
5.70x
Return on equity
26.2%
Return on assets
6.0%
Efficiency ratio
—
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Huntington Bancshares Incorporated · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Paycom Software, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.76x
3.03x
Net debt / EBITDA
Leverage against operating earnings
—
6.56x
Cash and equivalents
Liquid reserves on the balance sheet
—
$370.00M
Total debt
Interest-bearing obligations outstanding
$18.48B
$5.25B
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
JPMorgan Chase & Co.
HBAN vs JPM
Bank of America Corporation
HBAN vs BAC
Wells Fargo & Company
HBAN vs WFC
Citigroup Inc.
HBAN vs C
PNC FINANCIAL SERVICES GROUP, INC.
HBAN vs PNC
AUTOMATIC DATA PROCESSING INC
HBAN vs ADP
PAYCHEX INC
HBAN vs PAYX
INTUIT INC.
HBAN vs INTU
Autodesk, Inc.
HBAN vs ADSK
TYLER TECHNOLOGIES INC
HBAN vs TYL
Salesforce, Inc.
HBAN vs CRM
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.