Huntington Bancshares (HBAN) Reports Q3 2026 Earnings Driven by Acquisitions
Huntington Bancshares reported third-quarter 2026 results characterized by significant growth following the acquisitions of Cadence and Veritex. The bank achieved an adjusted EPS of $0.38, with Net Interest Income rising 37% year-over-year to $2.09 billion. This growth was bolstered by a net interest margin increase to 3.25%, driven by higher earning-asset yields. While the company saw a strategic 4% decline in commercial real estate balances, other segments showed strength, including a 42% year-over-year surge in Treasury Management revenue and a 28% increase in wealth management net flows. Despite a slight rise in net charge-offs to 31 basis points due to a single commercial credit event, the bank maintained a strong CET1 risk-based capital ratio of 10.1%. Looking ahead, Huntington provided optimistic guidance for 2027, projecting earnings per share between $1.75 and $1.83, which represents a more than 20% increase over 2025 levels. The bank continues to execute on its national commercial strategy and capital return programs, having repurchased approximately $460 million in shares year-to-date.
Topics: capital adequacy earnings report loans and deposits net interest income net interest margin