Tax

Cash Paid for Income Taxes

Huntington Bancshares Cash Paid for Income Taxes decreased by 44.4% to $30.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.8%, from $34.00M to $30.00M. Over 4 years (FY 2021 to FY 2025), Cash Paid for Income Taxes shows relatively stable performance with a 0.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher cash taxes relative to book income may indicate lower tax efficiency or the exhaustion of tax credits.

Detailed definition

The actual cash outflow for income taxes to federal, state, and foreign tax authorities during the reporting period. Unl...

Peer comparison

A standard line item in the Cash Flow Statement for all public companies; essential for cross-company cash flow analysis.

Metric ID: c_cash_paid_for_income_taxes

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$197.00M$62.00M$7.00M-$18.00M-$92.00M-$3.00M$0.00-$59.00M$152.00M-$87.00M$84.00M$47.00M$45.00M$12.00M$19.00M$34.00M$125.00M$61.00M$54.00M$30.00M
QoQ Change-68.5%-88.7%-357.1%-411.1%+96.7%+100.0%+357.6%-157.2%+196.6%-44.0%-4.3%-73.3%+58.3%+78.9%+267.6%-51.2%-11.5%-44.4%
YoY Change-146.7%-104.8%-100.0%-227.8%+265.2%<-999%+179.7%-70.4%+113.8%-77.4%-27.7%+177.8%+408.3%+184.2%-11.8%
Range-$92.00M$197.00M
CAGR-32.7%
Avg YoY Growth-149.2%
Median YoY Growth-27.7%
Current Streak3 quarters decline

Frequently Asked Questions

What is Huntington Bancshares's cash paid for income taxes?
Huntington Bancshares (HBAN) reported cash paid for income taxes of $30.00M in Q1 2026.
How has Huntington Bancshares's cash paid for income taxes changed year-over-year?
Huntington Bancshares's cash paid for income taxes decreased by 11.8% year-over-year, from $34.00M to $30.00M.
What is the long-term trend for Huntington Bancshares's cash paid for income taxes?
Over 4 years (2021 to 2025), Huntington Bancshares's cash paid for income taxes has grown at a 0.5% compound annual growth rate (CAGR), from $269.00M to $274.00M.
What does cash paid for income taxes mean?
The actual amount of cash paid to tax authorities during the year.