Huntington Bancshares Incorporated (HBAN) Earnings
Huntington Bancshares Incorporated is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $0.39. HBAN has beaten EPS estimates in 12 of its last 12 reported quarters (average surprise +11.6% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.23 | $0.26 | +13.9% | $2.6B | +1.0% |
| Jan 22, 2026 | $0.33 | $0.37 | +11.8% | $2.2B | -1.3% |
| Oct 17, 2025 | $0.37 | $0.40 | +6.8% | $2.1B | +4.2% |
| Jul 18, 2025 | $0.33 | $0.38 | +13.7% | $1.9B | -1.7% |
| Apr 17, 2025 | $0.31 | $0.34 | +8.3% | $1.9B | +1.8% |
| Jan 17, 2025 | $0.30 | $0.34 | +13.3% | $2.0B | +3.1% |
| Oct 17, 2024 | $0.30 | $0.33 | +10.0% | $1.9B | +0.9% |
| Jul 19, 2024 | $0.28 | $0.30 | +7.1% | $1.8B | -0.3% |
| Apr 19, 2024 | $0.25 | $0.26 | +4.0% | $1.8B | +0.6% |
| Jan 19, 2024 | $0.26 | $0.27 | +3.8% | $1.7B | -2.7% |
| Oct 20, 2023 | $0.32 | $0.35 | +9.4% | $1.9B | +3.1% |
| Jul 21, 2023 | $0.34 | $0.35 | +2.9% | $1.8B | +0.1% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Differentiated super regional bank model with multiple growth engines, continued investment in strategic areas like Carolinas expansion, vertical specialty businesses, partnerships. - Core continues to perform well with organic growth as foundation, strong performance across businesses and geographies, standout value-added fee services. - Balance sheet strong with strong liquidity, capital, and credit fundamentals. - Partner integrations on track with three priorities: welcoming new colleagues and customers, executing operational and systems integration, delivering expenses and revenue synergies. - Enterprise-wide AI program underway in five key areas: technology, agentic process transformation, customer-facing use cases, colleague productivity and training, data and platforms.
Guidance
- 2026 plan broadly tracking within expectations, organic growth strong, cost and revenue synergies tracking as expected. - Now expect 2026 NIM to trend into the high 320s compared to prior mid 330s, due to lower loan growth midpoint, deposit costs improvement less than prior assumption, and higher Fed cash balances. - Raising fee revenue growth expectations by four percentage points to 31 to 33%. - Tightening 2026 expense growth range to lower half of 32.5% to 33.5% range, expecting full year operating leverage in 400 to 450 basis points range. - Expect Q4 2026 efficiency ratio in mid to low 54% level. - Anticipate share repurchases totaling at least $550 million in 2026, with 2027 EPS projection $1.90 to $1.93 and return on tangible common equity 18% to 19%.
Segment performance
On an adjusted basis, generated 9% earnings per share growth, 36% PPNR growth, and 9% tangible book value growth. Loan balances increased 1.5% or $2.2 billion excluding Cadence addition. Core deposits increased $3.8 billion or 2.3% quarter over quarter excluding Cadence. Net interest income increased $301 million or 18.7% sequentially and 33% year over year, with net interest margin at 3.24% up nine basis points. Fee income grew 18% year over year on adjusted basis, with payments revenue up 21%, wealth management revenue up 19%, capital markets delivered strongest revenue quarter on record, loan and deposit fees up 28% year-over-year.
Risks & headwinds
- Geopolitical developments adding complexity to economic outlook. - Lower income households feeling pressure from cumulative impacts of inflation. - Competitive deposit environment. - Potential impact of Basel III Endgame implementation on RWA and capital position. - Uncertainty in economic growth outlook affecting loan growth and NIM.
Analyst Q&A
Q: John Arkstrom with RBC Capital Markets asked about balance sheet optimization project and $3 billion buyback authorization.
A: Zach explained balance sheet optimization to calibrate to economic environment, loan growth midpoint, and deposit growth matching. Regarding buyback authorization, it's an evergreen authorization for multiple years, with guidance for $550 million in 2026 and $1.1 - $1.2 billion in 2027, and Basel III representing additional share repurchase opportunity in 2027.
Q: Erica Najarian with UBS asked about incremental cost actions and talent retention.
A: Steve and Brent discussed incremental cost actions as tuning expenses to growth, with efficiency programs and rephrasing investments, and strong talent retention with successful leadership retention, hiring new talent, and announcements in Austin and Dallas.
Q: Manan Gosalia with Morgan Stanley asked about NII guide and deposit competition.
A: Zach explained NII guide due to lower loan growth midpoint and modestly lower net interest margin, with deposit competition being rational and Huntington having strong customer household growth and new levers for deposit growth.
Q: John Pancari with Evercore asked about loan pricing, spreads, and cash at Fed.
A: John explained modest spread compression in high-quality commercial borrowers, and cash at Fed increased for liquidity strength, driven by Middle East issues.
Q: Ken Austin with Autonomous Research asked about fee income guide and growth.
A: Zach and Brent discussed strong fee income performance, raised expectations due to continued exceptional performance in payments, wealth, and capital markets, and reinvestment of revenue synergies in areas like bankers, teams, digital, payments, and wealth management platform upgrades.
Q: David Chivarini with Jefferies asked about reinvestment of revenue synergies.
A: Brian Violino explained reinvestment in areas like expanding middle market presence, digital capabilities, payments business, and wealth management platform upgrades.
Q: Chris with KBW asked about credit and underwriting.
A: Brendan stated focus on commercial real estate construction side, vigilant on portfolio, but positioned well with strong credit outcomes.