Revenue: As of FY2026 Q2, the actual value is USD 2.837 B.

EPS: As of FY2026 Q2, the actual value is USD 0.33.

EBIT: As of FY2026 Q2, the actual value is USD 892 M.

Huntington Bancshares Incorporated reported several key financial and operational metrics for the second quarter ended June 30, 2026, and provided an outlook for the remainder of the year .

Net Income

Net income for the 2026 second quarter was $727 million, marking an increase of $204 million, or 39%, from the prior quarter, and an increase of $191 million, or 36%, from the year-ago quarter, inclusive of $152 million of pre-tax Notable Items due to acquisition-related expenses . Adjusted net income (non-GAAP) was $843 million for the second quarter of 2026, compared to $739 million in the first quarter of 2026 and $539 million in the second quarter of 2025 .

Net Interest Income

Net interest income increased $161 million, or 9%, from the prior quarter, and $585 million, or 40%, from the year-ago quarter . Fully-taxable equivalent (FTE) net interest income for the 2026 second quarter increased $589 million, or 40%, from the 2025 second quarter, primarily due to a $67.5 billion (35%) increase in average earning assets and a 10 basis point increase in Net Interest Margin (NIM) to 3.21% . This was partially offset by a $53.0 billion (35%) increase in average interest-bearing liabilities . Compared to the 2026 first quarter, FTE net interest income increased $162 million, or 8%, driven by an increase in average earning assets of $19.6 billion, or 8%, partially offset by a 3 basis point decrease in NIM to 3.21% .

Noninterest Income

Noninterest income increased $103 million, or 15%, from the prior quarter, to $785 million, and increased $314 million, or 67%, from the year-ago quarter . Payments and cash management revenue was $204 million, up 9% from the prior quarter and 24% from the year-ago quarter . Wealth and asset management revenue was $134 million, up 12% from the prior quarter and 31% from the year-ago quarter . Customer deposit and loan fees were $128 million, up 16% from the prior quarter and 35% from the year-ago quarter . Capital markets and advisory fees were $140 million, up 6% from the prior quarter and 67% from the year-ago quarter . Mortgage banking income was $53 million, up 66% from the prior quarter and 89% from the year-ago quarter . Leasing revenue was $29 million, up 123% from the prior quarter and 190% from the year-ago quarter . Other noninterest income increased $48 million year-over-year, largely due to credit risk transfer transactions, favorable valuation changes, and increased bank owned life insurance income . The 2025 second quarter results included a - $58 million loss from the sale of certain investment securities .

Noninterest Expense

Reported total noninterest expense for the 2026 second quarter increased $612 million, or 51%, from the year-ago quarter to $1,809 million . Excluding the impact from Notable Items, noninterest expense increased $463 million, or 39%, inclusive of acquisition impacts . Personnel costs were $1,010 million, up 2% from the prior quarter and 40% from the year-ago quarter . Adjusted personnel costs were $972 million, up 9% from the prior quarter and 36% from the year-ago quarter . Outside data processing and other services were $326 million, up 5% from the prior quarter and 79% from the year-ago quarter . Adjusted outside data processing and other services were $252 million, up 13% from the prior quarter and 38% from the year-ago quarter . Amortization of intangibles was $54 million, up 32% from the prior quarter and 391% from the year-ago quarter, primarily due to core deposit intangibles from acquisitions . Net occupancy was $90 million, up 6% from the prior quarter and 67% from the year-ago quarter .

Operational Metrics

Return on average assets was 1.02% for the quarter . Return on average common equity was 9.3% . Return on average tangible common equity (ROTCE) was 15.1% for the quarter, or 17.5% adjusted for Notable Items . The efficiency ratio was 61.5% for the quarter .

Loans and Deposits

Average total loans and leases increased $15.0 billion, or 9%, from the prior quarter to $189.3 billion and increased $56.1 billion, or 42%, from the year-ago quarter . Average commercial loans grew $11.6 billion, or 11%, from the prior quarter to $120.0 billion and $44.4 billion, or 59%, from the year-ago quarter . Average consumer loans grew $3.4 billion, or 5%, from the prior quarter to $69.2 billion and $11.7 billion, or 20%, from the year-ago quarter .Average total deposits increased $18.8 billion, or 9%, from the prior quarter to $223.4 billion and increased $60.0 billion, or 37%, from the year-ago quarter . Demand deposits - noninterest-bearing were $40.0 billion, up 13% from the prior quarter and 37% from the year-ago quarter . Demand deposits - interest-bearing were $62.4 billion, up 18% from the prior quarter and 40% from the year-ago quarter .

Credit Quality

Net charge-offs were 0.25% of average total loans and leases for the quarter, 1 basis point lower than the prior quarter and 5 basis points higher than the year-ago quarter . Net charge-offs were $119 million, increasing $53 million year-over-year and $8 million quarter-over-quarter . The nonperforming asset ratio was 0.85% at quarter end, 13 basis points higher than the prior quarter . Nonperforming assets (NPAs) were $1.6 billion, or 0.85% of total loans and leases, OREO and other NPAs, compared to $852 million, or 0.63%, a year ago . The Allowance for credit losses (ACL) was $3.4 billion, or 1.78% of total loans and leases, at quarter end, an increase of $13 million from the prior quarter . The ACL increased by $866 million from the year-ago quarter . Provision for credit losses was $132 million in the 2026 second quarter, an increase of $29 million year-over-year and a decrease of $26 million quarter-over-quarter .

Capital and Other Metrics

The Common Equity Tier 1 (CET1) risk-based capital ratio was 10.0% at June 30, 2026, compared to 10.2% at the prior quarter end . The Tangible common equity (TCE) ratio was 7.1%, up slightly from the prior quarter end and up from 6.6% a year ago . Tangible book value per share was $9.65, up $0.10, or 1%, from the prior quarter and up $0.52, or 6%, from a year ago . The company repurchased $159 million of common shares in the second quarter, and $309 million of common shares year-to-date .

Outlook / Guidance

Huntington Bancshares Incorporated anticipates robust pipelines for the second half of 2026 and a constructive operating environment . The company expects to achieve full economic benefits and earnings power from its combined operations by the fourth quarter, driven by remaining cost synergies and active pursuit of revenue synergies . Management is confident in its outlook to meet financial targets, including sustained earnings growth, tangible book value growth, and attractive shareholder returns, supported by a strong balance sheet .