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 (86.1), 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%. Top institutional holders of HBAN by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, WELLINGTON MANAGEMENT GROUP LLP, based on the most recent SEC filings. 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.