AI-extracted from the 10-Q filed 2026-07-28 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income rose 36% YoY to $727M as the Cadence acquisition (closed Feb 1, 2026) drove total revenue up 46% on an FTE basis to $2.86B, though $152M of acquisition-related expenses cut diluted EPS to $0.33 from $0.34.
Biggest Revenue Drivers
Net interest income$2,052M+40% YoY
Reflected a $67.5B, or 35%, increase in average earning assets and a 10bp increase in FTE NIM to 3.21%, driven by the Cadence and Veritex acquisitions plus organic growth
Noninterest income$785M+67% YoY
Driven by increases across all major noninterest income categories, in part due to the impact from the Cadence and Veritex acquisitions
Biggest Revenue Drivers
Total revenue: $2.84B+46% YoY
Net interest income$2,052M+40% YoY
Reflected a $67.5B, or 35%, increase in average earning assets and a 10bp increase in FTE NIM to 3.21%, driven by the Cadence and Veritex acquisitions plus organic growth
Noninterest income$785M+67% YoY
Driven by increases across all major noninterest income categories, in part due to the impact from the Cadence and Veritex acquisitions
Within Noninterest income
Capital markets and advisory fees$140M+67% YoY
Higher advisory fees from the legacy business and the impact of three strategic business units acquired from Janney, plus higher syndication fees
Payments and cash management revenue$204M+24% YoY
Driven by higher cash management and interchange revenue
Customer deposit and loan fees$128M+35% YoY
Primarily due to an increase in commitment fees and the volume of personal service charges
Largest Expense Items
Personnel costs$1,010M+40% YoY
Higher salary, benefit, and incentive compensation expense, including acquisition impacts
Outside data processing and other services$326M+79% YoY
Reflecting higher technology and data expense
Amortization of intangibles$54M+391% YoY
Driven by the addition of core deposit intangibles from the Cadence and Veritex acquisitions
Net occupancy$90M+67% YoY
Largely due to increases in lease and depreciation expense
Margins: FTE NIM rose 10bp YoY to 3.21% on lower funding costs, partially offset by lower yields on earning assets. The efficiency ratio worsened to 61.5% from 59.0%, driven mainly by $152M of acquisition-related expenses.
Watch Items from the Filing
NPAs totaled $1.6B, up 71% from year-end, including $295M assumed in the Cadence acquisition plus additional increases in commercial and industrial, commercial real estate, and residential mortgage nonaccruals.
Net charge-offs rose to $119M, or 0.25% of average loans annualized, versus $66M (0.20%) a year ago, reflecting loan growth and higher charge-offs.
Consolidated CET1 ratio fell to 10.0% from 10.4% at year-end, driven by higher risk-weighted assets, the Cadence acquisition, and share repurchases.
Q2 2026 results included $152M of acquisition-related expenses ($116M after-tax), reducing diluted EPS by $0.06, tied to ongoing Cadence/Veritex integration.
Uninsured deposits rose to $69.2B, or 31% of total deposits, up from 30% at December 31, 2025.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Santhanakrishnan SenthilkumarSEVP; Chief Risk OfficerGrant or award · Oct 1, 2026
Congress trading in HBAN
4 transactions in HBAN reported by 4 members of Congress under the STOCK Act, most recent trade Nov 21, 2025. Reported transactions, not recommendations.
About HUNTINGTON BANCSHARES INC /MD/ (HBAN): stock profile, AI score and financials
HUNTINGTON BANCSHARES INC /MD/ (HBAN) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores HBAN at 69.3/100 on a composite quality score built from its SEC filings, placing it at rank #260 of 2,925 stocks — the top 10% of the AI-ranked universe. HBAN scores in the top quartile across revenue scale (86.0), free cash flow (81.7), profitability (81.2). Shareholder dilution risk is elevated at 19.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), HUNTINGTON BANCSHARES INC /MD/ reports quarterly revenue of $2.8B, net income of $727.0M, an operating margin of 31.6%. HBAN trades on the Nasdaq exchange and files with the SEC under CIK 49196. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HBAN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HUNTINGTON BANCSHARES INC /MD/ directly from SEC EDGAR.