2025 First Quarter Earnings Review Welcome. The Huntington National Bank is Member FDIC. ®, Huntington® and Huntington. are federally registered service marks of Huntington Bancshares Incorporated. ©2025 Huntington Bancshares Incorporated. Disclaimer Our Vision People-First, Customer-Centered Key Guiding Attributes Key Messages Delivered on organic growth strategies with sustained momentum supported by purposefully diversified customer base 1 Drove robust profit growth reflective of expanded net interest ma ...

Group 1 - The article discusses the Q1 coverage of Huntington Bancshares Incorporated (NASDAQ: HBAN) and suggests considering profit-taking in the range of $17-$18 [1] - The commentary indicates that the current market selloff presents opportunities for investment, with the company thriving during this period [1] - The article promotes a blended trading and income approach to enhance savings and retirement timelines, encouraging immediate action with a promotional discount [1] Group 2 - A money-back guarantee is mentioned for those who are not satisfied with the service, emphasizing confidence in the team's proven track record [2] - The article invites readers to take the next step in their investment journey with the company [2]

Huntington Bancshares (HBAN) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was expected that this regional bank holding company would post earnings of $0.31 per share when it actually produced earnings of $0.34, delivering a surprise of 9.68%.Over the last f ...

Financial Performance - Net interest income for Q1 2025 was $1,426 million, an increase of 11% compared to Q1 2024[9] - Net income attributable to Huntington was $527 million, a slight decrease of 1% from $530 million in Q4 2024, but a 26% increase from $419 million in Q1 2024[9] - Total revenue on a fully-taxable equivalent basis for Q1 2025 was $1,935 million, compared to $1,767 million in Q1 2024, indicating a 9.5% increase year-over-year[23] - Net interest income for the quarter was $1,441 million, showing an increase from $1,409 million in the previous quarter and $1,300 million a year ago[19] - Total equity remained stable at $20,045 million, with no significant change from the previous quarter but a 4% increase year-over-year[17] - Total Huntington shareholders' equity rose to $20,434 million in Q1 2025, up from $19,322 million in Q1 2024, representing an increase of 5.8%[37] Asset and Liability Management - Average total assets increased by 2% to $205,087 million compared to Q4 2024, and by 8% compared to Q1 2024[9] - Total assets at the end of the period were $209,596 million, reflecting a 3% increase from $204,230 million at the end of Q4 2024[13] - Total liabilities increased to $185,042 million, reflecting a 2% increase from the previous quarter and an 8% increase year-over-year[17] - Total risk-weighted assets (RWA) were $144,632 million as of March 31, 2025, compared to $143,650 million at December 31, 2024, reflecting a rise of 0.7%[33] Loan and Deposit Growth - Total loans and leases increased to $132,505 million in Q1 2025, up from $130,042 million in Q4 2024, representing a growth of 1.89%[15] - Total deposits rose to $165,337 million in Q1 2025, an increase from $162,448 million in Q4 2024, reflecting a growth of 1.09%[16] - Commercial and industrial loans reached $58,948 million, accounting for 45% of total loans, compared to $56,809 million and 43% in the previous quarter[15] - Consumer & Regional Banking segment accounted for $72,653 million in loans, which is 55% of total loans, slightly up from $72,051 million in Q4 2024[15] Credit Quality and Loss Provisions - Provision for credit losses was $115 million, up 7% from $107 million in both Q4 2024 and Q1 2024[9] - Total allowance for credit losses increased to $2,478 million, up from $2,446 million in the previous quarter[27] - Net charge-offs for the quarter were $86 million, down from $97 million in the previous quarter[28] - Nonperforming assets (NPAs) increased to 281 million, up from 273 million in the previous quarter[27] Capital Ratios and Shareholder Returns - The common equity tier 1 risk-based capital ratio was 10.6%, up from 10.5% in Q4 2024[9] - Total risk-based capital increased to $20,720 million as of March 31, 2025, compared to $20,565 million at December 31, 2024, reflecting a growth of 0.8%[33] - Cash dividends declared remained steady at $0.155 per share for Q1 2025, unchanged from the previous quarters, reflecting consistent shareholder returns[23] Operational Efficiency - The efficiency ratio improved to 58.9%, compared to 58.6% in Q4 2024, indicating better cost management[9] - The total cost of deposits decreased to 2.03% in Q1 2025 from 2.29% in Q1 2024, reflecting improved deposit management[21] Employee and Branch Metrics - The number of employees averaged 20,092 in Q1 2025, up from 19,719 in Q1 2024, indicating a growth of 1.9%[37] - The number of domestic full-service branches decreased to 968 in Q1 2025 from 969 in Q1 2024[38] - ATM count decreased to 1,560 in Q1 2025 from 1,606 in Q1 2024[37]

Exceptional Q1 Results Highlighted by Growth in Loans and Deposits, Expanded Net Interest Income, and Continued Strong Performance in Fee Revenue, Driving Robust Year-Over-Year Profit Growth2025 First-Quarter Highlights: Earnings per common share (EPS) for the quarter were $0.34, unchanged from the prior quarter, and $0.08 higher than the year-ago quarter. Excluding the after-tax impact of Notable Items, EPS was higher by $0.06 from the year-ago quarter. Net interest income increased $31 million, or 2%, fro ...

Huntington Bancshares Incorporated (HBAN) is slated to report first-quarter 2025 results on April 17, before the opening bell. The company’s quarterly revenues and earnings are expected to have increased year over year.In the last reported quarter, the bank recorded a positive earnings surprise of 9.7%. Results reflected improvements in fee income and net interest income (NII).  However, an increase in the allowance for credit losses was a headwind.  HBAN has an impressive earnings surprise history. Its ear ...

Core Viewpoint - Huntington Bancshares (HBAN) is expected to report quarterly earnings of $0.31 per share, reflecting a 10.7% increase year-over-year, with revenues projected at $1.9 billion, a 7.3% increase compared to the previous year [1] Earnings Projections - The consensus EPS estimate has been adjusted downward by 1.8% over the past 30 days, indicating a reassessment by analysts [1][2] - Analysts emphasize the importance of revisions to earnings projections as they are closely linked to investor behavior and stock price performance [2] Key Financial Metrics - Analysts predict an 'Efficiency Ratio' of 61.3%, down from 63.7% a year ago [3] - The 'Net Interest Margin (FTE)' is estimated to remain stable at 3.0%, compared to the previous year's figure of 3% [4] - 'Average Balance - Total earning assets' is projected to be $187.26 billion, up from $173.76 billion year-over-year [4] - The 'Tier 1 Leverage Ratio' is expected to be 8.5%, down from 8.9% in the same quarter last year [4] - The 'Tier 1 Risk-Based Capital Ratio' is forecasted to remain at 12.0%, unchanged from the previous year [5] Non-Interest Income and Fees - 'Total Non-Interest Income' is expected to reach $511.87 million, up from $467 million in the same quarter last year [5] - 'Mortgage banking income' is projected at $31.15 million, slightly up from $31 million a year ago [6] - 'Customer deposit and loan fees' are estimated at $85.36 million, compared to $77 million last year [6] - 'Payments and cash management revenue' is forecasted at $154.85 million, up from $146 million in the same quarter last year [7] - 'Wealth and asset management revenue' is expected to reach $94.48 million, compared to $88 million last year [7] - 'Capital markets and advisory fees' are projected at $72.25 million, up from $56 million a year ago [8] - 'Net interest income - FTE' is expected to be $1.38 billion, compared to $1.30 billion in the same quarter last year [8] Stock Performance - Over the past month, shares of Huntington Bancshares have declined by 12.6%, while the Zacks S&P 500 composite has decreased by 3.6% [9] - Currently, HBAN holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10]

COLUMBUS, Ohio, April 2, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will release first quarter 2025 financial results prior to the market opening on Thursday, April 17, 2025. A news release and supporting financial data will be available at that time on the Investor Relations section of the company's website (www.huntington-ir.com).The Company will host a conference call to review quarterly financial results at 11 a.m. ET.Conference Call / Webcast InformationThe first quarter 202 ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

Core Insights - Capstone Partners' Annual Consumer M&A Report indicates a positive outlook for the Consumer industry in 2025, driven by improvements in M&A activity and valuations in 2024 [1][2] M&A Activity and Valuations - In 2024, Consumer M&A volume rebounded year-over-year, with a slight increase in overall M&A valuations, primarily driven by corporations making strategic acquisitions [2] - Approximately 70% of all consumer M&A transactions in 2024 were conducted by corporations, compared to around 30% from private equity funds, signaling a favorable view of M&A as a return on investment strategy [2] Sector Performance - Public consumer stocks have shown inconsistent performance, with only Tactical, Home Goods, E-Commerce, and Sports Technology sectors outperforming the S&P 500 return of 24% in 2024 [3] - Key economic indicators such as moderating inflation and healthy GDP growth were noted, with the ISM Manufacturing Index rising to 50.9 in January 2025, indicating the first expansion in the U.S. Manufacturing sector in 26 months [3] Market Sentiment - Nearly two-thirds of middle market CEOs have a positive outlook for the Consumer industry in 2025, an increase from 60% in the previous year [3] - A rotation from Consumer Staples to Consumer Discretionary is being observed, with discretionary companies recently outperforming staples, suggesting potential value appreciation in strong markets [4] Future Outlook - The report suggests that a combination of over $1 trillion in private equity dry powder and public consumer companies actively pursuing acquisitions could ignite a rally in M&A activity in 2025 [4] - Expectations for Consumer industry performance and M&A in North America in 2025 are optimistic, with specific sectors poised to attract buyer interest [6]