Huntington Bancshares (HBAN) investor relations material

Executive summary

• Q3 net income applicable to common shares was $680M; diluted EPS was $0.33 and adjusted EPS was $0.38.

• Commercial growth, fee momentum, partnership synergies and continued investment supported performance; execution remained within a moderate-to-low risk appetite.

Financial highlights

• FTE net interest income was $2.090B, up 1% QoQ and 37% YoY; NIM rose 4 bps QoQ to 3.25%.

• Total revenue was $2,791M and PPNR was $1,040M; noninterest income was $722M, up 15% YoY but down 8% QoQ.

• Noninterest expense was $1,772M; adjusted expense was $1,655M, down $2M QoQ. Trailing four-quarter positive operating leverage was 120 bps.

• End-period loans rose 1.1% QoQ while average loans declined 0.4%; average deposits increased 0.2% QoQ to $223.8B.

• $125M of pre-tax notable items contributed $0.05 per share after tax; adjusted EPS was $0.38 versus $0.33 GAAP EPS.

Outlook and guidance

• FY26 growth guidance: NII ~35%, average loans ~36%, average deposits ~32.5%, noninterest income ~31% and implied revenue ~34%; core expense growth ~33%.

• Q4 NIM expected stable and core expenses flat QoQ; Q4 fee revenue estimated at ~$750M.

• FY26 positive operating leverage expected at 100 bps or greater; net charge-offs expected near the low end of the 25–35 bps range.

• 2027 EPS target remains $1.75–$1.83; ROTCE target is 17%–18%, with tangible book value per share growth exceeding 10% from 2025.