Quarterly ResultJul 23, 2026, 06:26 AM
Huntington Q2 EPS $0.33; Net Income $727M, up 39% QoQ
AI Summary
Huntington Bancshares Incorporated reported strong second-quarter 2026 earnings, with net income rising 39% quarter-over-quarter to $727 million, or $0.33 diluted EPS. The company highlighted growth in key strategic fee revenues and net interest income, which increased 9% from the prior quarter. Additionally, Huntington successfully completed the systems conversion of Cadence Bank in mid-June, marking a significant integration milestone. Average total loans and leases, and average total deposits both increased 9% from the prior quarter.
Key Highlights
- Successfully completed Cadence systems conversion in mid-June.
- Net income was $727 million, up 39% from prior quarter.
- Diluted EPS was $0.33, up $0.08 from prior quarter.
- Net interest income increased 9% QoQ to $2.05 billion.
- Noninterest income increased 15% QoQ to $785 million.
- Average total loans and leases grew 9% QoQ to $189.3 billion.
- Average total deposits grew 9% QoQ to $223.4 billion.
- Repurchased $159 million of common shares in Q2.
Price Impact
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