Huntington Bancshares Q1 Earnings Call Highlights

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MarketBeat

Thu, April 23, 2026 astatine 12:39 PM CDT 7 min read

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MarketBeat Week successful Review – 03/09 - 03/13

Huntington Bancshares (NASDAQ:HBAN) executives highlighted what CEO Steve Steinour called an “outstanding” archetypal 4th of 2026, pointing to coagulated integrated growth, grounds superior markets performance, and advancement integrating caller partnerships and acquisitions. Management besides updated its 2026 outlook, trimming definite nett involvement assumptions portion lifting expectations for interest gross maturation and tightening disbursal guidance.

Steinour opened the telephone by describing a “dynamic planetary environment,” noting geopolitical developments arsenic a root of uncertainty, portion characterizing conditions successful Huntington’s footprint arsenic “remaining accordant with anterior quarters.” He said the slope continues to spot “broad-based spot crossed commercialized extremity markets” and is “not seeing immoderate signs of a worldly displacement successful underlying demand.”

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On the user side, Steinour said trends are “a spot much mixed,” with middle- and upper-income consumers continuing to spend, portion lower-income households look unit from cumulative ostentation effects. Despite uncertainty, helium said the bank’s outlook for the twelvemonth is unchanged, adding that second-quarter pipelines are steadfast and lawsuit enactment remains steady.

CFO Zach Wasserman reported net per communal stock of $0.25 for the quarter. On an adjusted basis, excluding acquisition-related expenses and different notable items, EPS was $0.37, up 9% year-over-year. Adjusted pre-provision nett gross accrued 36%, which Wasserman attributed to beardown underlying show crossed the franchise and contributions from caller partnerships.

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Net involvement income accrued $301 million, oregon 18.7% sequentially, and was up 33% year-over-year. Net involvement borderline was 3.24%, up 9 ground points from the anterior quarter. Wasserman said the borderline summation was driven by little backing costs, reduced hedge drag, and acquisition accounting, partially offset by little free-funds payment and higher Fed currency balances.

Fee income was a large absorption for management. Wasserman said interest gross exceeded the bank’s program and reflected beardown lawsuit enactment trends. On an adjusted basis, excluding acquisition and divestiture enactment this twelvemonth and last, interest income grew 18% year-over-year. He cited:

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