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Jun 30, 2023
Huntington Q2 2023 Earnings Report
Reported solid Q2 results driven by deposit growth, capital expansion, and exceptional credit performance.
Key Takeaways
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.
Earnings per share were $0.35, flat compared to the year-ago quarter.
Net interest income decreased 4% from the prior quarter but increased 7% from the year-ago quarter.
Ending total deposits increased by $2.7 billion from the prior quarter.
Common Equity Tier 1 risk-based capital ratio increased to 9.82%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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