company_name (Huntington Bancshares Incorporated) – NYSE: ticker HBAN Financial Results Summary

# Huntington Bancshares Incorporated (HBAN), Nasdaq – Q2 2025 Earnings Report

Huntington Bancshares Incorporated released its second-quarter earnings report on **July 18, 2025**.

## Q2 2025 Earnings Summary

– **Earnings per Common Share (EPS)**:
– $0.34, unchanged from the previous quarter, an increase of $0.04 (13%) compared to the same quarter last year.

– **Net Income**:
– $536 million, up 2% from the previous quarter and up 13% from the year-ago quarter.

– **Net Interest Income**:
– Increased by **$41 million**, or **3%** from the prior quarter.
– Increased by **$155 million**, or **12%** from the same quarter last year.

– **Noninterest Income**:
– Decreased by **$23 million**, or **5%** from the prior quarter, totaling $471 million.
– Year-over-year, decreased by **$20 million**, or **4%**.
– Excluding notable items, increased by **$37 million**, or **7%** from the prior quarter, and **$34 million**, or **7%** from the year-ago quarter.

– **Average Total Loans and Leases**:
– Increased by **$2.3 billion**, or **2%** from the prior quarter, totaling **$133.2 billion**.
– Increased by **$9.8 billion**, or **8%** from the year-ago quarter.
– Commercial loans increased by **$1.6 billion**, or **2%** from the prior quarter, and **$6.7 billion**, or **10%** from the year-ago quarter.
– Consumer loans grew by **$725 million**, or **1%** from the prior quarter, and **$3.1 billion**, or **6%** from the year-ago quarter.

– **Average Total Deposits**:
– Increased by **$1.8 billion**, or **1%** from the prior quarter, and **$9.9 billion**, or **6%** from the year-ago quarter.

– **Net Charge-Offs**:
– Recorded at **0.20%** of average total loans and leases, down **6 basis points** from the prior quarter.

– **Nonperforming Asset Ratio**:
– At **0.63%** at quarter-end, an increase of **2 basis points** from the prior quarter.

– **Allowance for Credit Losses (ACL)**:
– $2.5 billion, or **1.86%** of total loans and leases, up **$37 million** from the prior quarter.

– **Common Equity Tier 1 (CET1) Capital Ratio**:
– 10.5%, compared to 10.6% in the prior quarter.
– Adjusted CET1 rose to **9.0%**, up from **8.9%** in the prior quarter.

– **Tangible Common Equity (TCE) Ratio**:
– Increased to **6.6%**, up from **6.3%** in the previous quarter and **6.0%** a year ago.

– **Tangible Book Value per Share**:
– Rose to **$9.13**, up **$0.33** (4%) from the prior quarter, and up **$1.24** (16%) from a year ago.

### Dividends and Share Repurchase

– **Quarterly Dividend**:
– The company declared a cash dividend of **$0.155** per common share, consistent with the previous quarters.

### Additional Highlights

– Huntington announced its combination with Veritex Holdings, Inc., which is aimed at accelerating growth initiatives in Texas.

### Performance Metrics

– **Return on Average Assets (ROAA)**:
– 1.04%, stable compared to the prior quarter.

– **Return on Average Common Equity (ROCE)**:
– 11.0%, down from 11.3% in the previous quarter.

– **Return on Average Tangible Common Equity (ROTCE)**:
– 16.1%, lower than 16.7% in the previous quarter.
– Excluding impacts of notable items, ROTCE was **17.6%**.

– **Efficiency Ratio**:
– Increased to **59.0%**, compared to 58.9% in the previous quarter.

### Summary of Financial Trends
– Total earning assets increased by **$13.0 billion**, or **7%** year-over-year.
– Average total liabilities were up **$12.0 billion**, or **7%** compared to the previous year, driven by a **$9.9 billion**, or **6%** rise in deposits.
– Noninterest expenses rose **$80 million**, or **7%** from the comparative year, primarily due to higher personnel costs.

### Credit Quality

– Total nonaccrual loans (NALs) amounted to **$842 million** at the end of the quarter, reflecting an increase from the previous quarter.
– The allowance for loans and leases increased to **$2.3 billion**, marking a **$27 million** rise from the previous year.

Overall, Huntington Bancshares showed a solid financial performance in Q2 2025, with key growth in net interest income, loan balances, and continued focus on risk management amidst a challenging economic environment.