Huntington Q3 revenue rises 31% to $2.79 billion

• Huntington Bancshares reported third-quarter 2026 revenue of $2.791 billion, up approximately 31% year over year, while diluted earnings per share fell to $0.33 from $0.41.
• Net income applicable to common shares reached $680 million, up from $602 million a year earlier, while net interest margin improved to 3.25% from 3.21% sequentially.
• Huntington repurchased $100 million in common shares during the quarter, while its Common Equity Tier 1 capital ratio increased to 10.1%.

Huntington Bancshares (NASDAQ:HBAN) reported third-quarter 2026 revenue of $2.791 billion, up 31% year over year, while diluted earnings remained $0.33 sequentially.

Revenue declined from $2.837 billion in the second quarter, while diluted earnings fell from $0.41 a year earlier.

Net interest income increased 1% sequentially to $2.069 billion, while net interest margin improved four basis points to 3.25%.

Noninterest income declined 8% to $722 million, while operating expenses decreased to $1.772 billion from $1.809 billion.

Huntington also repurchased $100 million in common shares during the quarter, while its capital ratio increased to 10.1% from 10.0%.

Average loans declined 0.4% and deposits increased 0.2% sequentially, while tangible book value per share fell to $9.47.

The bank also reported higher credit-risk ratios, with net charge-offs reaching 0.31% and nonperforming assets rising to 0.90%.