BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
HBAN
Huntington Bancshares Incorporated
HBAN has the edge over BLK overall, supported by stronger modeled upside and stronger valuation.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
HBAN Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
HBAN's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HBAN.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK has the edge over HBAN in the historical PE scenario, which offers more potential upside but is not a forecast.
HBAN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.3x | $11.20 | -29% |
| Forward | 9.5x | $15.73 | — |
| Fair | 12x | $14.97 | -4.9% |
| Current | 13x | $15.73 | — |
| Expensive | 17x | $19.98 | +27% |
Historical ranges are pointers, not guarantees.
HBAN's PE is in its fair range at 13x. If earnings grow as analysts expect, today's price would be 9.5x next year's earnings, in its cheap range.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
HBAN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for HBAN, with profitability improving.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK earned $43.87 per share over the past year, up 11% from the year before.
HBAN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.66 | +38% |
| Q3 2026 | $1.21 | -15% |
| Q2 2026 | $1.29 | -3.7% |
| Q1 2026 | $1.30 | 0% |
| Q4 2025 | $1.39 | +14% |
| Q3 2025 | $1.42 | +37% |
| Q2 2025 | $1.34 | +26% |
| Q1 2025 | $1.30 | +17% |
| Q4 2024 | $1.22 | -1.6% |
HBAN has the edge over BLK on earnings, with stronger typical year-over-year growth.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over HBAN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
HBAN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.8B | +31% |
| Q2 2026 | $2.8B | +46% |
| Q1 2026 | $2.6B | +34% |
| Q4 2025 | $2.2B | +11% |
| Q3 2025 | $2.1B | +14% |
| Q2 2025 | $1.9B | +7.5% |
| Q1 2025 | $1.9B | +9.5% |
| Q4 2024 | $2B | +14% |
HBAN's revenue has grown year over year for eight quarters in a row: $2.8B last quarter, up 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -3.8 points |
| Q2 2026 | 32% | -1.3 points |
| Q1 2026 | 25% | -9.1 points |
| Q4 2025 | 29% | -5.2 points |
| Q3 2025 | 36% | +1.9 points |
| Q2 2025 | 33% | +0.4 points |
| Q1 2025 | 34% | +4.9 points |
| Q4 2024 | 34% | +20 points |
HBAN has the edge over BLK on profitability, with a higher operating margin.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
HBAN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $683M | +53% |
| Q2 2026 | $1B | +105% |
| Q1 2026 | $400M | -13% |
| Q4 2025 | $810M | -44% |
| Q3 2025 | $446M | +$926M |
| Q2 2025 | $500M | +90% |
| Q1 2025 | $459M | +6.3% |
| Q4 2024 | $1.5B | +74% |
HBAN has the edge over BLK on cash flow, with more consistent year-over-year improvement.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has the edge over HBAN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
HBAN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1.4M shares |
| 1 year | +38% | +566M shares |
| 3 years | +40% | +581M shares |
| 5 years | +82% | +922M shares |
| Available history | +94% | +991M shares |
HBAN has 2B diluted shares, up 38% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100M |
| Q2 2026 | $159M |
| Q1 2026 | $150M |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | $150M |
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has the edge over HBAN on leverage, with a lower net debt burden relative to earnings.
HBAN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.5x | High |
| Q2 2026 | 5.0x | High |
| Q1 2026 | 6.3x | High |
| Q4 2025 | 4.8x | High |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 5.0x | High |
| Q1 2025 | 5.4x | High |
| Q4 2024 | 4.9x | High |
HBAN's net debt is about 5.5 years of its operating earnings (EBITDA), up from 4.6 years a year ago. Net leverage isn't a meaningful measure for financial services companies like HBAN.
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
HBAN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.8 | Neutral |
| Stochastic | 25.1 | Neutral |
HBAN's weekly RSI is 44 (neutral) and its Stochastic is 25 (neutral).
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
HBAN PE vs Financial Services Sector
| Metric | HBAN | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.2% below |
| PE % | 62 | 63 | 1 pt below |
HBAN has the edge over BLK on valuation relative to its sector.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over HBAN on trend strength, trading above more of its moving averages.
HBAN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.5 | 1.3% above |
| 20 week MA | $16.6 | 5.2% below |
| 50 week MA | $16.8 | 6.1% below |
| 100 week MA | $16.4 | 4.2% below |
| 200 week MA | $14.7 | 7.2% above |
HBAN's trend is mixed: it's above two of its five weekly moving averages, and 7.2% above its 200-week average.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over HBAN on returns for 2026, with the stronger performance.
HBAN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.1 | $12.4 | -18% |
| 2021 | $12.4 | $15.3 | +24% |
| 2022 | $15.3 | $14.1 | -7.9% |
| 2023 | $14.1 | $12.7 | -9.5% |
| 2024 | $12.7 | $16.4 | +29% |
| 2025 | $16.4 | $17.7 | +8.3% |
| 2026 YTD | $17.7 | $15.7 | -11% |
HBAN has finished lower in three of the last six years. It's down 11% so far in 2026.