HBANP Company Report

Huntington Bancshares Incorporated reported net income of $536 million for the 2025 second quarter, with diluted earnings per common share (EPS) of $0.34, which was unchanged from the prior quarter and $0.04 higher than the year-ago quarter.
Net interest income increased by $41 million, or 3%, from the prior quarter, and by $155 million, or 12%, from the year-ago quarter.
Average total loans and leases increased $2.3 billion, or 2%, from the prior quarter to $133.2 billion, and average total deposits increased $1.8 billion, or 1%, from the prior quarter to $163.4 billion.
The company's tangible common equity (TCE) ratio was 6.6% at June 30, 2025, up from 6.3% in the prior quarter, and the Common Equity Tier 1 (CET1) risk-based capital ratio was 10.5%.
Huntington Bancshares also announced a combination with Veritex Holdings, Inc., which is expected to accelerate its organic growth initiatives in the Texas market.

Jul 18, 2025, 12:00 AM

Huntington Bancshares Announces Acquisition and Preliminary Q2 2025 Results

HBANP

M&A

Earnings

Huntington Bancshares Incorporated announced the acquisition of Veritex Holdings, Inc. in an all-stock transaction valued at approximately $1.9 billion, with Veritex shareholders receiving 1.95 shares of Huntington for each Veritex share.
The acquisition is expected to close in early Q4 2025 and is projected to be modestly accretive to Huntington's earnings per share, neutral to regulatory capital at close, and slightly dilutive to tangible book value per share with payback in approximately one year.
Huntington also provided preliminary second quarter 2025 results, reporting Earnings per common share (EPS) of $0.34, Net interest income of $1.5 billion, Average loans and leases of $133.2 billion, and Average deposits of $163.4 billion.
The company's preliminary Q2 2025 results also showed Tangible book value per share of $9.13, an increase of 16% from a year ago.

Jul 14, 2025, 12:00 AM

Huntington Bancshares Declares Quarterly Dividends

HBANP

Dividends

Dividend Announcement: The Board of Directors declared a quarterly cash dividend of $0.155 per common share (payable July 1, 2025, with a record date of June 17, 2025) along with cash dividends on five series of preferred stock, including a $11.25 per share dividend on its Series H preferred (equivalent to $0.28125 per depositary share).
Analyst Contact: For further inquiries, Analyst Tim Sedabres is available at 952.745.2766 and via email at [email protected].