Huntington Bancshares (HBAN) UBS Financial Services Conference 2026 summary

Strategic Vision and Business Model

• Entered 2026 with strong momentum, robust revenue and earnings growth, and a scalable super-regional bank model focused on local expertise in 21 markets and national specialty businesses.

• Differentiated super-regional model drives organic growth and value creation, with a vision to be a leading people-first, customer-centered bank.

• Unique delivery model combines in-market bankers, award-winning service, and digital capabilities, driving deep customer relationships and long-term growth.

• Comprehensive suite of services, robust risk management, and top-tier digital capabilities support growth.

• Recent partnerships, notably with Cadence and Veritex, expand reach, especially in Texas and other fast-growing southern states, enhancing scale and density.

Integration, Synergies, and Investment Strategy

• Seamless integration of Veritex completed in 187 days, with cost synergies on track for full run rate by Q2 2026; revenue synergies already emerging.

• Cadence merger closed, integration progressing rapidly, with cost synergy realization underway and talent integration prioritized.

• Partnerships and acquisitions (e.g., Cadence, Veritex) expected to generate $435 million in annual cost synergies at full run rate, with $340 million benefiting 2026 and nearly $100 million more in 2027.

• Demonstrated success in talent retention, systems conversions, and achieving cost and revenue synergies from acquisitions.

• Over $500 million in cumulative enterprise growth investments planned over three years.

Financial Performance and Outlook

• 2025 saw 11% revenue growth, 16% EPS growth, 16% return on capital, and 19% growth in tangible book value per share.

• Achieved ROTCE of 15.7% (16.4% adjusted) in 2025, with operating leverage improved by 70bps (290bps adjusted).

• 2027 revenue projected at $12.6 billion, with EPS guidance of $1.90–$1.93, efficiency ratio targeted at 53%, and ROTCE of 18–19%.

• Revenue synergies from Cadence and Veritex expected to reach $500 million over three years, with a $300 million run rate in 2028.

• Net interest income and fee revenue both forecast double-digit growth, with significant contributions from new markets and Janney Capital.