Income StatementBalance SheetCash FlowBusiness Segments
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Huntington Bancshares Income Statement

Revenue, expenses, and profitability over time
Total Revenue$472.0MNet Income$523.0MEps Diluted$0.25
Market Cap$33.5B

Revenue

MetricQ1 '25Q1 '26
Interest and Fee Income on Loans and Leases$1.9B$2.5B
Other Interest and Dividend Income$143.0M$162.0M
Tax-Exempt Interest Income$34.0M$33.0M
Taxable Interest Income$287.0M$258.0M
Total noninterest income$494.0M$682.0M
Total revenue$351.0M$472.0M
Interest Income on Lease Financing$89.0M$98.0M

Cost of Revenue

MetricQ1 '25Q1 '26
Interest Expense on Short-Term Borrowings$14.0M$16.0M

Net Income

MetricQ1 '25Q1 '26
Net income applicable to common shareholders$500.0M$482.0M
Net Income Available to Common Stockholders (Diluted)$500.0M$482.0M
Net income attributable to noncontrolling interests$4.0M$4.0M
Net income$527.0M$523.0M

Tax

MetricQ1 '25Q1 '26
Cash Paid for Income Taxes$34.0M$30.0M
Income tax expense$122.0M$114.0M

Operating Expenses

MetricQ1 '25Q1 '26
Amortization expense$11.0M$41.0M
Compensation and benefits$671.0M$992.0M
Stock-based compensation expense$21.0M$45.0M
Occupancy and equipment$65.0M$85.0M
Other operating expenses$76.0M$133.0M
Professional fees$22.0M$44.0M
FDIC Premium Expense$37.0M$35.0M

Other Income & Expense

MetricQ1 '25Q1 '26
Gain (loss) on debt and equity securities$0.0$13.0M
Other non-cash income (expense)-$4.0M$44.0M
Interest expense$1.1B$1.2B

Earnings Per Share

MetricQ1 '25Q1 '26
Basic earnings per share$0.34$0.26
Diluted earnings per share$0.34$0.25
Dividends Per Share Declared$0.15$0.15
Weighted average number diluted shares outstanding adjustment27.4M31.3M
Weighted-average shares, basic1.5B1.9B
Weighted-average shares, diluted1.5B1.9B

Income Before Tax

MetricQ1 '25Q1 '26
Income before income taxes$653.0M$641.0M

Other

MetricQ1 '25Q1 '26
OCI Cash Flow Hedge Gain (Loss), After Tax, Parent$177.0M-$76.0M
Accrued Income and Other Assets-$52.0M$780.0M
Share-based compensation expense related to employee stock plans$21.0M$45.0M
Cash Acquired From Acquisition$0.0$1.7B
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation$2.5B$5.7B
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months—-$11.0M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$960.0M$372.0M
Less: comprehensive income attributable to noncontrolling interest$4.0M$4.0M
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest$964.0M$376.0M
Deferred taxes-$25.0M-$83.0M
Depreciation, Amortization and Accretion, Net$209.0M$191.0M
Depreciation Nonproduction$4.0M$3.0M
Number of primary groups—2.00
Dividends, Common Stock, Cash$230.0M$318.0M
Dividends on preferred shares$27.0M$41.0M
Dividends, Preferred Stock, Cash$27.0M$41.0M
Equipment$67.0M$93.0M
Included in OCI$0.0$0.0
Fair Value, Net Derivative Asset (Liability) Measured On Recurring Basis, Unobservable Inputs Reconciliation, Repayments$0.0$0.0
Change in unrealized gains (losses) for the period included in earnings for assets held at end of the reporting date$3.0M$1.0M
Transfers into Level 3$0.0$0.0
Transfers out of Level 3$7.0M$13.0M
Purchases/originations$0.0$0.0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements-$3.0M-$2.0M
Realized and unrealized gains (losses): Included in income (loss)—$13.0M
Principal payments received under direct finance leases$356.0M$428.0M
Allowance for credit losses for acquired credit deteriorated receivables—$322.0M
Allowance on purchased seasoned loans and leases at acquisition—$245.0M
Provision for credit losses$115.0M$158.0M
Gross charge-offs$133.0M$173.0M
Financing Receivable, Excluding Accrued Interest, Allowance For Credit Loss, Writeoff, Including Writeoff From Acquisition—$173.0M
ACL, period increase (decrease)—$625.0M
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Recovery$47.0M$62.0M
Provision for credit losses$105.0M$250.0M
Amortized Cost$348.0M$252.0M
Prior$18.0M$67.0M
Revolving Loans$10.0M$17.0M
Revolving Loans Converted to Term$11.0M$14.0M
Term loan by year, year 4$44.0M$16.0M
Term loan by year, year 1$1.0M$2.0M
Term loan by year, year 2$18.0M$30.0M
Term loan by year, year 3$21.0M$19.0M
Term loan by year, year 5$10.0M$8.0M
Percent of total loans0.000.00
Goodwill Additions—$3.5B
Currency exchange and other—-$33.0M
Increase (Decrease) in Deposits$2.9B$3.3B
Increase (Decrease) in Loan, Held-for-Sale-$70.0M-$468.0M
Short-term borrowings$503.0M$144.0M
Increase (decrease) in all other liabilities-$543.0M$47.0M
Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI$424.0M$136.0M
Increase (decrease) to net interest income due to derivative adjustment-$18.0M-$15.0M
Add - Incremental shares associated with contingently issuable shares (in shares)7M7.2M
Add - Incremental shares under stock-based compensation plans (in shares)20.3M24.1M
Data processing and equipment$170.0M$311.0M
Interest and Dividend Income, Operating$2.5B$3.1B
Interest Income, Held-to-maturity$108.0M$99.0M
Interest Expense, Deposits$810.0M$920.0M
Long-term debt$239.0M$259.0M
Interest Income (Expense), after Provision for Loan Loss$1.3B$1.7B
Interest Income (Expense), Operating$1.4B$1.9B
Other securities—taxable$12.0M$16.0M
Interest Paid, Excluding Capitalized Interest, Operating Activity$1.1B$1.2B
Marketing$29.0M$37.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$4.1B$5.3B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$2.2B-$135.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$513.0M$524.0M
Noninterest Expense$1.2B$1.8B
Number of reportable segments—2.00
Acquired unfunded lending commitments—$11.0M
Provision for (recapture of) credit losses$13.0M-$92.0M
Net unrealized debt securities gains (losses), net of tax$255.0M-$76.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent$0.0-$1.0M
Foreign currency translation$1.0M$0.0
AOCI before reclass, net of taxes$409.0M-$137.0M
Other comprehensive income (loss)$433.0M-$151.0M
Other comprehensive income/(loss)$433.0M-$151.0M
Other noninterest expense, including corporate allocations$481.0M$782.0M
Payments for (Proceeds from) Interest Receivables and Other Receivables Activity-$476.0M-$676.0M
Payment for (Proceeds from) Other Investing Activity-$15.0M$8.0M
Payments for (Proceeds from) Other Loans and Leases$2.9B$2.8B
Payments for Repurchase of Common Stock$0.0$150.0M
Payments of Ordinary Dividends, Common Stock$226.0M$248.0M
Payments of Ordinary Dividends, Preferred Stock and Preference Stock$27.0M$43.0M
Payments to Acquire Debt Securities, Available-for-Sale$1.6B$7.1B
Payments to Acquire Finance Receivables$195.0M$164.0M
Payments to Acquire Held-to-Maturity Securities$515.0M$0.0
Payments To Acquire Other Securities$97.0M$225.0M
Payments to Acquire Property, Plant, and Equipment$54.0M$124.0M
Debt issued (Note 13)$2.0B$5.4B
Proceeds from Maturities, Prepayments and Calls of Held-to-Maturity Securities$571.0M$494.0M
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$1.5B$2.0B
Proceeds from maturities of investments$40.0M$197.0M
Proceeds From Payments For In Interest Bearing Deposits In Banks$183.0M$149.0M
Financing — other-$29.0M-$58.0M
Proceeds from (Repayments of) Short-Term Debt-$82.0M-$1.1B
Sale of investments$0.0$4.5B
Proceeds from Sale, Loan, Held-for-Investment$49.0M$133.0M
Reclassified net gains (losses) from AOCI into earnings-$24.0M$14.0M
Repayments of Long-Term Debt$378.0M$1.9B
Revenue from contracts outside the scope of ASC Topic 606$143.0M$210.0M
Other share-based compensation activity-$26.0M-$49.0M
Stock Issued During Period, Value, Conversion of Convertible Securities—$117.0M
Value of shares repurchased—$150.0M
Stockholders' Equity, Other-$2.0M-$4.0M
Transfer from trading securities to investment securities$8.0M$32.0M
Loans reclassified to held for sale$73.0M$140.0M