Huntington Bancshares Business Segments
Business, geographic, and product segment breakdowns
Market Cap$33.5B
Products & Services
Noninterest income
Business Segments
Cadence acquisition
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | — | — | $2.6B |
| Commercial Banking | — | — | $900.0M |
Deposits
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | — | $117.2B | $153.0B |
| Commercial Banking | — | $50.7B | $60.8B |
Direct personnel costs
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $294.0M | — | $373.0M |
| Commercial Banking | $139.0M | — | $193.0M |
Goodwill, Other Increase (Decrease)
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Commercial Banking | — | — | -$33.0M |
| Consumer & Regional Banking | — | — | $0.0 |
Income attributable to non-controlling interest
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Commercial Banking | $4.0M | — | $4.0M |
| Consumer & Regional Banking | $0.0 | — | $0.0 |
Income (loss) before income taxes
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $404.0M | — | $565.0M |
| Commercial Banking | $304.0M | — | $443.0M |
Interest Income (Expense), Operating
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $943.0M | — | $1.4B |
| Commercial Banking | $513.0M | — | $640.0M |
Net Income (Loss) Attributable to Parent
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $319.0M | — | $446.0M |
| Commercial Banking | $236.0M | — | $346.0M |
Net interest income (loss) after provision for credit losses
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $896.0M | — | $1.2B |
| Commercial Banking | $445.0M | — | $602.0M |
Noninterest Expense
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $819.0M | — | $1.1B |
| Commercial Banking | $303.0M | — | $411.0M |
Noninterest income
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $327.0M | — | $387.0M |
| Commercial Banking | $162.0M | — | $252.0M |
Noninterest income within the scope of other GAAP topics
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Commercial Banking | $89.0M | — | $109.0M |
| Consumer & Regional Banking | $49.0M | — | $58.0M |
Other noninterest expense, including corporate allocations
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $525.0M | — | $694.0M |
| Commercial Banking | $164.0M | — | $218.0M |
Preliminary goodwill
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | — | $3.9B | $6.5B |
| Commercial Banking | — | $2.1B | $3.1B |
Provision (benefit) for income taxes
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $85.0M | — | $119.0M |
| Commercial Banking | $64.0M | — | $93.0M |
Provision for Credit Losses
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $47.0M | — | $120.0M |
| Commercial Banking | $68.0M | — | $38.0M |
Revenue from Contract with Customer, Excluding Assessed Tax
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | $278.0M | — | $329.0M |
| Commercial Banking | $73.0M | — | $143.0M |
Total Assets
| Segment | Q1 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Consumer & Regional Banking | — | $87.3B | $115.2B |
| Commercial Banking | — | $79.8B | $94.8B |