Huntington Bancshares Information Technology and Data Processing increased by 40.1% to $311.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 82.9%, from $170.00M to $311.00M. Over 4 years (FY 2021 to FY 2025), Information Technology and Data Processing shows relatively stable performance with a -2.4% CAGR.
An increase often signals strategic investment in digital capabilities or cybersecurity, whereas a decrease may indicate cost-cutting or completed system migrations.
This metric captures the expenses incurred for software licensing, data processing services, cloud infrastructure, and I...
Commonly reported by large financial institutions as a major driver of noninterest expense; peers often group this under 'technology and communications'.
bac_information_technology_and_data_processing| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $162.00M | $304.00M | $269.00M | $165.00M | $153.00M | $145.00M | $147.00M | $151.00M | $148.00M | $149.00M | $157.00M | $166.00M | $165.00M | $167.00M | $167.00M | $170.00M | $182.00M | $198.00M | $222.00M | $311.00M |
| QoQ Change | — | +87.7% | -11.5% | -38.7% | -7.3% | -5.2% | +1.4% | +2.7% | -2.0% | +0.7% | +5.4% | +5.7% | -0.6% | +1.2% | +0.0% | +1.8% | +7.1% | +8.8% | +12.1% | +40.1% |
| YoY Change | — | — | — | — | -5.6% | -52.3% | -45.4% | -8.5% | -3.3% | +2.8% | +6.8% | +9.9% | +11.5% | +12.1% | +6.4% | +2.4% | +10.3% | +18.6% | +32.9% | +82.9% |