COLUMBUS, Ohio – Huntington Bancshares Inc. on Thursday reported second quarter net income of $727 million, or 33 cents per common share.
The second quarter net income is an increase of $204 million, or 39%, from the prior quarter and an increase of $191 million, or 36%, from the year-ago quarter, inclusive of $152 million of pre-tax notable items in the second quarter of 2026 due to acquisition-related expenses.
Return on average assets was 1.02%; return on average common equity was 9.3%; and return on average tangible common equity was 15.1% for the quarter, or 17.5% adjusted for notable items.
“Building on a strong start to the year, Huntington delivered another solid quarter driven by disciplined execution and continued performance across our franchise,” said Steve Steinour, chairman, president and CEO. “Growth in our legacy organization was outstanding, credit remains strong, and we are seeing early revenue synergies in Cadence markets. Our pipelines are robust as we enter the second half of 2026, and the operating environment remains constructive.”
Other highlights in the second quarter include:
- Net interest income increased $161 million, or 9%, from the prior quarter, and $585 million, or 40%, from the year-ago quarter.
- Noninterest income increased $103 million, or 15%, from the prior quarter, to $785 million. From the year-ago quarter, noninterest income increased $314 million, or 67%.
- Average total loans and leases increased $15 billion, or 9%, from the prior quarter to $189.3 billion and increased $56.1 billion, or 42%, from the year-ago quarter, inclusive of the impact of the Cadence and Veritex Holdings Inc. acquisitions.
- Average total deposits increased $18.8 billion, or 9%, from the prior quarter and $60 billion, or 37%, from the year-ago quarter, inclusive of the impact of the Cadence and Veritex acquisitions.
The full report can be viewed HERE.