Huntington Bancshares delivered a solid Q1 2025 with net income of $527 million and EPS of $0.34. The bank saw continued strength in net interest income, robust loan and deposit growth, and disciplined cost management. Fee income was strong despite a quarterly decline, and credit quality remained stable.
Huntington Bancshares Incorporated reported a net income of $530 million, or $0.34 per common share, for the fourth quarter of 2024. The quarter was marked by record fee income, accelerated loan growth, and sustained deposit gathering.
Huntington Bancshares Incorporated reported a net income of $517 million, or $0.33 per common share, for the third quarter of 2024. This represents an increase of $43 million from the prior quarter and a decrease of $30 million from the year-ago quarter. The results were highlighted by sequential revenue and profit expansion, accelerated loan growth, and sustained deposit gathering.
Huntington Bancshares Incorporated reported a net income of $474 million for the second quarter of 2024, with earnings per share (EPS) at $0.30. The quarter was marked by an increase in both net interest income and noninterest income, along with accelerated loan growth and increasing deposit balances. The company's liquidity and capital profile is robust, supporting continued organic growth initiatives.
Huntington Bancshares Incorporated reported a net income of $243 million, or $0.15 per common share, for the fourth quarter of 2023. Adjusted earnings per common share were $0.27, excluding $0.12 per common share of after-tax Notable Items. The quarter was highlighted by sustained deposit and loan growth, capital expansion, and strong credit quality.
Huntington Bancshares Incorporated reported a net income of $547 million for Q3 2023, with earnings per common share (EPS) at $0.35. The quarter was highlighted by sustained core deposit growth, expansion of CET1 capital, and strong credit quality.
Huntington Bancshares Incorporated reported a net income of $559 million for Q2 2023, with earnings per common share at $0.35. The company saw growth in deposits and capital ratios, while maintaining strong credit performance.
Huntington Bancshares Incorporated reported a net income of $602 million, or $0.39 per common share, for the first quarter of 2023. The results reflect the strength and stability of Huntington and the continued execution of its strategy, despite the market disruption in March. The company's solid capital levels, strong credit profile, and leading deposit and liquidity profile have positioned it to enter this period from a position of strength.
Huntington Bancshares Incorporated reported a net income of $645 million for Q4 2022, with an EPS of $0.42. The quarter was marked by a 4% increase in net interest income and a $1 billion share repurchase authorization.
Huntington Bancshares Incorporated reported a net income of $594 million, or $0.39 per common share, for the third quarter of 2022. This represents an increase of $217 million, or $0.17 per common share, compared to the year-ago quarter. The company saw growth in net interest income, noninterest income, and pre-provision net revenue.
Huntington Bancshares Incorporated reported a net income of $539 million for Q2 2022, with an EPS of $0.35. The quarter was marked by robust loan growth, increased average deposit balances, and a sequential revenue growth of 6%. The company also completed TCF cost synergies and delivered sustained positive operating leverage.
Huntington Bancshares Incorporated reported a net income of $460 million for the first quarter of 2022, with earnings per share (EPS) at $0.29. The quarter benefited from the TCF acquisition and organic growth, with adjusted EPS at $0.32, excluding notable items.
Huntington Bancshares Incorporated reported a net income of $401 million for Q4 2021. Earnings per common share were $0.26, and adjusted earnings per common share were $0.36, excluding notable items. The quarter was impacted by TCF acquisition-related expenses.
Huntington Bancshares Incorporated reported a net income of $377 million for the third quarter of 2021. Total revenue increased by 32% from the prior quarter, reaching a record $1.7 billion.
Huntington Bancshares Incorporated reported a net loss for the second quarter of 2021 of $15 million, impacted by TCF acquisition-related expenses. Adjusted earnings per common share were $0.35, excluding approximately $0.40 per common share after tax of Notable Items. The acquisition of TCF Financial Corporation was completed on June 9, adding approximately $50 billion of total assets, $34 billion of total loans and leases, and $39 billion of total deposits.
Huntington Bancshares Incorporated reported a substantial increase in net income for the first quarter of 2021, with significant growth in revenue, average loans, and core deposits. The company's earnings per share also saw a notable increase, and key financial metrics such as return on average assets and tangible book value per share improved.
Huntington Bancshares Incorporated reported Q4 2020 net income of $316 million, consistent with the year-ago quarter. EPS was $0.27, a decrease of 4% year-over-year. Revenue increased by 7%, driven by growth in both net interest income and noninterest income. Average core deposits increased by 16%, reflecting strong growth in demand deposits.
Huntington Bancshares Incorporated reported a net income of $303 million for the third quarter of 2020, a 19% decrease from the year-ago quarter. Despite a challenging economic environment, the company achieved 5% revenue growth, 7% average loan growth, and 14% average core deposit growth.
Huntington Bancshares Incorporated reported a net income of $150 million for the second quarter of 2020, a decrease of 59% compared to the previous year. The results were impacted by elevated credit provisioning due to the uncertain economic outlook, but were supported by strong mortgage banking income.
Huntington Bancshares Incorporated reported a significant decrease in net income for the first quarter of 2020, with earnings per share also declining sharply. The results were impacted by elevated credit provisioning due to the deteriorating economic outlook. However, tangible book value per common share saw a year-over-year increase.
Huntington Bancshares Incorporated reported a net income of $317 million for Q4 2019, a 5% decrease from the year-ago quarter, and earnings per share of $0.28, down 3% from the year-ago quarter. The company experienced record origination activity in home lending and auto finance. They also announced the consolidation of 30 in-store branches.