Huntington Q3 2026 earnings: $680M, $0.33 a share

Q: What were HBAN's Q3 2026 earnings and diluted EPS?

Net income applicable to common shares was $680 million, and diluted EPS was $0.33. Adjusted EPS, excluding notable items, was $0.38.

Q: How did HBAN's credit quality compare with Q3 2025?

At September 30, 2026, nonperforming assets were $1.722 billion and the nonperforming-asset ratio was 0.90%; at September 30, 2025, they were $821 million and 0.60%, respectively. The annualized net charge-off rate was 0.31% in Q3 2026, versus 0.22% in Q3 2025.

Q: What notable items affected HBAN's adjusted EPS in Q3 2026?

The reconciliation lists $117 million in acquisition-related expenses and an $8 million acquired equity security conversion adjustment as pretax impacts. Adjusted EPS was $0.38, compared with GAAP diluted EPS of $0.33.

Net interest income and noninterest income rose year over year, while nonperforming assets and charge-offs also increased.

Filing Impact

(High)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

Huntington Bancshares Incorporated (HBAN) reported third-quarter 2026 net income applicable to common shares of $680 million and diluted EPS of $0.33; adjusted EPS, excluding notable items, was $0.38. Net interest income was $2.069 billion, up 37% year over year, while net interest margin was 3.25%, 12 basis points above a year earlier. Noninterest income was $722 million, up 15% year over year but down 8% from the prior quarter.

Credit measures rose year over year: nonperforming assets were $1.722 billion at September 30, 2026, versus $821 million at September 30, 2025, and the nonperforming-asset ratio was 0.90%, versus 0.60%. Net charge-offs were $146 million, and the annualized charge-off rate was 0.31%, compared with 0.22% a year earlier. The allowance for credit losses was $3.358 billion, equal to 1.75% of loans and leases.

Huntington repurchased $100 million of common shares during the quarter; year-to-date repurchases were $409 million, representing approximately 25 million shares. Its preliminary Common Equity Tier 1 ratio was 10.1% at September 30, 2026.

2 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance works How Sentiment works

0 major · 2 points

How the balance works

Positive

Moderate pointNet interest income increased 37% year over year to $2.069 billion.
Moderate pointNoninterest income rose 15% year over year to $722 million.

Negative

Moderate pointNonperforming-asset ratio reached 0.90%, versus 0.60% a year earlier.
Moderate pointAnnualized net charge-off rate increased to 0.31% from 0.22% year over year.

Filing Explained

In the third quarter, Huntington’s credit measures worsened from the prior quarter: nonperforming assets were $1,722 million at September 30, 2026, versus $1,612 million at June 30, 2026; net charge-offs were $146 million versus the prior quarter, and their annualized rate rose from 0.25% to 0.31%.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Net income applicable to common shares: $680 million Diluted EPS: $0.33 Adjusted EPS: $0.38 +5 more

8 metrics

Net income applicable to common shares $680 million Third quarter 2026

Diluted EPS $0.33 Third quarter 2026

Adjusted EPS $0.38 Third quarter 2026; excludes notable items

Net interest income $2.069 billion Third quarter 2026; up 37% year over year

Net interest margin 3.25% Third quarter 2026; up 12 basis points year over year

Noninterest income $722 million Third quarter 2026; up 15% year over year and down 8% quarter over quarter

Nonperforming-asset ratio 0.90% September 30, 2026

Annualized net charge-off rate 0.31% Third quarter 2026

Key Terms

Fully-taxable equivalent (FTE), Net interest margin, Allowance for credit losses, Nonperforming assets, +1 more

5 terms

Fully-taxable equivalent (FTE) financial

"Fully-taxable equivalent (FTE) net interest income"

Fully-taxable equivalent (FTE) is a method that converts interest or yield from a tax-exempt investment into the pre-tax yield an investor would need from a taxable investment to match the same after-tax return. It lets investors compare “apples to apples” between tax-free and taxable securities by accounting for their personal tax rate, like adjusting prices for a coupon so you can see the true cost before choosing where to put money.

Net interest margin financial

"Net interest margin (NIM) was 3.25%"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

Allowance for credit losses financial

"Allowance for credit losses (ACL)"

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

Nonperforming assets financial

"Total nonperforming assets"

Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.

Common Equity Tier 1 financial

"Common Equity Tier 1 (CET1) risk-based capital ratio"

Common Equity Tier 1 is the highest-quality capital a bank holds—mainly common shares and retained profits—that acts as the primary cushion against losses. Investors use the CET1 level and ratio to judge a bank’s financial strength and regulatory standing: a bigger cushion means the bank is better able to absorb shocks, sustain payouts and borrow cheaply, much like an emergency fund for a household.

Earnings Snapshot

Net income applicable to common shares: $680 million

Third quarter 2026, ended September 30, 2026

Net income applicable to common shares $680 million Compared with $686 million in the second quarter of 2026 and $602 million in the third quarter of 2025

Diluted EPS $0.33 Unchanged from the second quarter of 2026; $0.41 in the third quarter of 2025

Adjusted EPS $0.38 Down $0.01 from the prior quarter

Net interest income $2.069 billion Increased 1% quarter over quarter and 37% year over year

Net interest margin 3.25% Up 4 basis points quarter over quarter and 12 basis points year over year

Noninterest income $722 million Down 8% quarter over quarter and up 15% year over year

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were HBAN's Q3 2026 earnings and diluted EPS?

Net income applicable to common shares was $680 million, and diluted EPS was $0.33. Adjusted EPS, excluding notable items, was $0.38.

How did HBAN's credit quality compare with Q3 2025?

At September 30, 2026, nonperforming assets were $1.722 billion and the nonperforming-asset ratio was 0.90%; at September 30, 2025, they were $821 million and 0.60%, respectively. The annualized net charge-off rate was 0.31% in Q3 2026, versus 0.22% in Q3 2025.

What drove Huntington's Q3 2026 net interest margin?

The increase in net interest margin reflected higher earning-asset yields, primarily from reinvestment into higher-yielding investment securities, and a decrease in average total borrowings, partially offset by higher deposit costs.

What notable items affected HBAN's adjusted EPS in Q3 2026?

The reconciliation lists $117 million in acquisition-related expenses and an $8 million acquired equity security conversion adjustment as pretax impacts. Adjusted EPS was $0.38, compared with GAAP diluted EPS of $0.33.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/22/2026 - 06:20 AM EDT Accepted by SEC EDGAR 10/22/2026 - 06:19 AM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________________________________________________________________________________________________________

FORM 8-K

_______________________________________________________________________________________________________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 22, 2026

______________________________________________________________________________________________________________________________

Huntington Bancshares Incorporated

(Exact name of registrant as specified in its charter)

_______________________________________________________________________________________________________________________________


Maryland	1-34073	31-0724920
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

Registrant's address: 41 South High Street, Columbus, Ohio 43287

Registrant’s telephone number, including area code: (614) 480-2265

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

_______________________________________________________________________________________________________________________________

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading
Symbol(s)

Name of each exchange on which registered

Depositary Shares (each representing a 1/40th interest in a share of 4.500% Series H Non-Cumulative, perpetual preferred stock)

HBANP

The Nasdaq Stock Market LLC

Depositary Shares (each representing a 1/1000th interest in a share of 5.70% Series I Non-Cumulative, perpetual preferred stock)

HBANM

The Nasdaq Stock Market LLC

Depositary Shares (each representing a 1/40th interest in a share of 6.875% Series J Non-Cumulative, perpetual preferred stock)

HBANL

The Nasdaq Stock Market LLC

Depositary Shares (each representing a 1/1000th interest in a share of 5.50% Series L Non-Cumulative, perpetual preferred stock)

HBANZ

The Nasdaq Stock Market LLC

Common Stock—Par Value $0.01 per Share

HBAN

The Nasdaq Stock Market LLC

Nasdaq Texas, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§24012b-2).

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On October 22, 2026, Huntington Bancshares Incorporated (“Huntington”) issued a news release announcing its earnings for the quarter ended September 30, 2026. Also on October 22, 2026, Huntington made a Quarterly Financial Supplement available in the Investor Relations section of Huntington’s website. Copies of Huntington's news release and quarterly financial supplement are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated by reference in this Item 2.02.

Huntington’s senior management will host an earnings conference call on October 22, 2026, at 9:00 a.m. (Eastern Time). The call may be accessed via a live Internet webcast at the Investor Relations section of Huntington’s website, www.huntington-ir.com, or through a dial-in telephone number at (877) 407-8029; Conference ID #13762987. Slides will be available in the Investor Relations section of Huntington’s website about an hour prior to the call. A replay of the webcast will be archived in the Investor Relations section of Huntington’s website. A telephone replay will be available approximately two hours after the completion of the call through October 30, 2026 at (877) 660-6853 or (201) 612-7415; conference ID #13762987.

Caution Regarding Forward-Looking Statements

This communication may contain certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements which are not historical facts and are subject to numerous assumptions, risks, estimates, and uncertainties that are beyond the control of Huntington. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, continue, believe, intend, estimate, plan, trend, objective, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.

While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements or historical performance: changes in general economic, political, regulatory, or industry conditions; deterioration in business and economic conditions, including persistent inflation, supply chain issues or labor shortages; instability in global economic conditions and geopolitical conditions, including U.S. direct involvement in war and other conflicts, as well as volatility in financial markets; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs; the impact of pandemics and other catastrophic events or disasters on the global economy and financial market conditions and our business, results of operations, and financial condition; the impacts related to or resulting from bank failures and other volatility, including potential increased regulatory requirements and costs, such as Federal Deposit Insurance Corporation ("FDIC") special assessments, long-term debt requirements and heightened capital requirements; potential impacts to macroeconomic conditions, which could affect the ability of depository institutions, including us, to attract and retain depositors and to borrow or raise capital; unexpected outflows of deposits which may require us to sell investment securities at a loss; changing interest rates which could negatively impact the value of our portfolio of investment securities; the loss of value of our investment portfolio which could negatively impact market perceptions of us and could lead to deposit withdrawals; market perceptions of us and banks generally, including from the effects of social media; cybersecurity risks; uncertainty in U.S. fiscal and monetary policy, including the interest rate policies of the Board of Governors of the Federal Reserve System ("Federal Reserve"); volatility and disruptions in global capital, foreign exchange, and credit markets; movements in interest rates; competitive pressures on product pricing and services; success, impact, and timing of our business strategies, including market acceptance of any new products or services including those implementing our “Fair Play” banking philosophy; introduction of new competitive products, such as stablecoins, and new competitors, such as financial technology companies and other “nontraditional” bank competitors; changes in policies and standards for regulatory review of bank mergers; the nature, extent, timing, and results of governmental actions, examinations, reviews, reforms, regulations, and interpretations, including those related to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III regulatory capital reforms, as well as those involving the Securities and Exchange Commission ("SEC"), the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC, the Consumer Financial Protection Bureau, and state-level regulators; the possibility that the anticipated benefits of recent or

proposed acquisitions are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the companies or as a result of the strength of the economy and competitive factors in the areas where the companies do business; and other factors that may affect the future results of Huntington.

All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made and are based on information available at that time. Huntington does not assume any obligation to update forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in circumstances or other factors affecting forward-looking statements that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. If Huntington updates one or more forward-looking statements, no inference should be drawn that Huntington will make additional updates with respect to those or other forward-looking statements. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. See also the other reports filed with the SEC, including discussions under the “Forward-Looking Statements” and “Risk Factors” of Huntington’s Annual Report on Form 10-K for the year ended December 31, 2025 and in its subsequent Quarterly Reports on Form 10-Q, including for the quarters ended March 31, 2026 and June 30, 2026, as filed with the SEC and available on its website at www.sec.gov.

The information contained or incorporated by reference in Item 2.02 of this Form 8-K shall be treated as “furnished” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

Item 9.01. Financial Statements and Exhibits.

The exhibits referenced below shall be treated as “furnished” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

(d)Exhibits.


Exhibit No.						Description

Exhibit 99.1						News release of Huntington Bancshares Incorporated, dated October 22, 2026
Exhibit 99.2						Quarterly Financial Supplement, September 30, 2026






Exhibit 104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HUNTINGTON BANCSHARES INCORPORATED

Date:

October 22, 2026

By:

/s/ Zachary Wasserman

Zachary Wasserman

Chief Financial Officer

Exhibit 99.1

Huntington Bancshares Incorporated Reports 2026 Third-Quarter Earnings


Key Q3 Financial Data										Key Q3 Highlights

($ in millions, except per share data)	3Q26			2Q26			3Q25			•EPS of $0.33, unchanged for the quarter •Adjusted EPS(1), which excludes the impact of Notable Items (as detailed in "Notable Items Influencing Earnings") was $0.38, down $0.01 from the prior quarter •ROTCE(1) of 14.6% and adjusted ROTCE(1)(2) of 16.6% •Net interest income increased 1% quarter-over-quarter; NIM of 3.25% was up 4 basis points driven by higher yields on investment securities and modestly lower overall net funding costs •Noninterest income decreased 8% quarter-over-quarter, largely due to lower capital markets fees and unfavorable equity valuation adjustments •Noninterest expense, excluding the impact of acquisition-related expenses, remained flat quarter-over-quarter •Average total loans and leases were down 0.4% compared to the prior quarter driven by declines in CRE and total consumer loans, partially offset by higher C&I loans •Average total deposits increased 0.2% quarter-over-quarter, with higher money market and interest-bearing demand balances, partially offset by lower time deposits •Maintained strong capital position, with CET1 risk-based capital ratio of 10.1%(3), adjusted CET1(1) risk-based capital ratio of 8.9%(3), and TCE(1) ratio of 6.9% •TBV per common share(1) of $9.47 was down $0.18, or 2%, from the prior quarter, largely due to the impact of market interest rates unfavorably impacting AOCI •Repurchased $100 million of common shares, bringing the total to $409 million and representing approximately 25 million shares repurchased year‑to‑date
Summary Income Statement
Net interest income	$	2,069		$	2,052		$	1,506
Net interest income - FTE (1)	2,090			2,072			1,523
Noninterest income	722			785			628
Total revenue	2,791			2,837			2,134
Total revenue - FTE (1)	2,812			2,857			2,151
Noninterest expense	1,772			1,809			1,246

Net income applicable to common shares	680			686			602
PPNR (1)	1,040			1,048			905

Key Metrics
Diluted EPS	$	0.33		$	0.33		$	0.41

TBV per common share (1)	9.47			9.65			9.54
Return on average assets	1.01		%	1.02		%	1.19		%
ROCE	9.1			9.3			12.4
ROTCE (1)	14.6			15.1			17.8
Adjusted ROTCE (1)(2)	16.6			17.5			17.4
Net interest margin - FTE	3.25			3.21			3.13
Efficiency ratio (1)	61.2			61.5			57.4
TCE ratio (1)	6.9			7.1			6.8
CET1 ratio (3)	10.1			10.0			10.6
Adjusted CET1 ratio (1)(3)	8.9			9.0			9.2
NCO ratio	0.31			0.25			0.22

NPA ratio	0.90			0.85			0.60
ACL ratio	1.75			1.78			1.86
Average Balances
Earning assets	$	255,274		$	258,600		$	192,732
Loans and leases	188,449			189,255			135,944
Deposits	223,816			223,403			164,812

CEO Commentary

"Huntington delivered a solid quarter, reflecting disciplined execution and continued business momentum across the franchise," said Steve Steinour, Huntington chairman and chief executive officer. "We are also seeing increasing benefits from our recent partnerships with Veritex and Cadence, and are achieving our targeted cost and revenue synergies. Our results reflect our disciplined growth strategy, in line with our aggregate moderate-to-low risk profile, and give us confidence that we are on track to meet our financial targets and deliver sustained growth in earnings, tangible book value and long-term shareholder returns."

Contact

Analysts: Eric Wasserstrom (huntington.investor.relations@huntington.com), 614.480.5676

Media: Tracy Pesho (media@huntington.com), 216.276.3301

(1)Represents a non-GAAP financial measure. For additional details, see the "Use of Non-GAAP Financial Measures" section of this release and reconciliations to the comparable GAAP financial measure included in this release or Huntington's Quarterly Financial Supplement.

(2)Represents ROTCE, excluding the impact of Notable Items.

(3)Preliminary at September 30, 2026.

Notable Items Influencing Earnings

The following table details certain items that we believe are important to understanding corporate performance and trends (see Basis of Presentation).


			Pretax Impact (1)		After-tax Impact (1)
($ in millions, except per share)			Amount			Net Income		EPS (2)
Three Months Ended September 30, 2026
	Net income and EPS (GAAP)					$	721	$	0.33
	•	Acquisition-related expenses	$	(117)		(92)		(0.05)
	•	Acquired equity security conversion adjustment	(8)			(6)		—
	Adjusted net income and EPS (non-GAAP)					$	819	$	0.38
Three Months Ended June 30, 2026
	Net income and EPS (GAAP)					$	727	$	0.33
	•	Acquisition-related expenses	$	(152)		(116)		(0.06)
	Adjusted net income and EPS (non-GAAP)					$	843	$	0.39







Three Months Ended September 30, 2025
	Net income and EPS (GAAP)					$	629	$	0.41
	•	Acquisition-related expenses	$	(14)		(11)		(0.01)
	•	FDIC DIF special assessment (3)	6			5		0.01
	•	Gain on sale of a portion of a corporate trust and custody business	24			19		0.01
	Adjusted net income and EPS (non-GAAP)					$	616	$	0.40

(1)Favorable (unfavorable) impact.

(2)EPS reflected on a fully diluted basis.

(3)Represents the updated estimates on the uninsured deposit losses and recoverable assets related to the FDIC DIF special assessment. These amounts are recorded in other noninterest expense.

Net Interest Income, Net Interest Margin, and Average Balance Sheet

Net Interest Income, Net Interest Margin, Average Balances, and Yields/Rates


($ in millions)	Quarter Ended						Change
	3Q26			2Q26							3Q25	LQ					YOY
Net interest income	$	2,069		$	2,052			$	1,506			$	17		1	%	$	563		37	%
FTE adjustment	21			20				17				1			5		4			24
Net interest income - FTE (1)	$	2,090		$	2,072			$	1,523			$	18		1		$	567		37
Net interest margin	3.25		%	3.21		%		3.13		%		4		bps			12		bps
Average Balances
Total earning assets	$	255,274		$	258,600			$	192,732			$	(3,326)		(1)	%	$	62,542		32	%
Total loans and leases	188,449			189,255				135,944				(806)			—		52,505			39
Total investment and other securities	50,593			50,913				43,443				(320)			(1)		7,150			16
Total interest-bearing liabilities	202,959			206,253				154,504				(3,294)			(2)		48,455			31
Total interest-bearing deposits	183,662			183,395				135,804				267			—		47,858			35
Yields / Rates (1)
Total earning assets	5.30		%	5.28		%		5.39		%		2		bps			(9)		bps
Total loans and leases	5.84			5.84				5.96				—		bps			(12)		bps
Total investment and other securities	3.59			3.47				3.72				12		bps			(13)		bps
Total interest-bearing liabilities	2.58			2.59				2.81				(1)		bps			(23)		bps
Total interest-bearing deposits	2.31			2.29				2.43				2		bps			(12)		bps
Total cost of deposits	1.90			1.88				2.00				2		bps			(10)		bps

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate. See Page 6 of Quarterly Financial Supplement for additional yield/rate detail.

Fully-taxable equivalent (FTE) net interest income for the third quarter increased $18 million, or 1%, from the prior quarter, driven by a 4 basis point increase in the net interest margin (NIM). The increase in NIM reflected higher earning-asset yields, primarily from reinvestment into higher yielding investment securities, and a decrease in average total borrowings, partially offset by higher deposit costs.

•Average earning assets decreased $3.3 billion, or 1%, primarily due to a $2.7 billion, or 16%, decrease in interest-earning deposits with banks and a $806 million decrease in average loans and leases.

•The yield on total investment and other securities increased quarter-over-quarter.

•Average interest-bearing liabilities decreased $3.3 billion, or 2%, primarily due to a $3.6 billion, or 16%, decrease in average total borrowings, partially offset by a $267 million increase in interest-bearing deposits.

•The average cost of total deposits increased 2 basis points quarter-over-quarter.

Fully-taxable equivalent (FTE) net interest income for the third quarter increased $567 million, or 37%, from the year-ago quarter, driven by higher average earning assets and an increase in NIM, partially offset by higher interest-bearing liabilities. NIM was 3.25%, up 12 basis points, reflecting a decrease in deposit costs, partially offset by lower earning-asset yields.

•Average earning assets increased $62.5 billion, or 32%, primarily due to a $52.5 billion, or 39%, increase in average loans and leases driven by loans acquired in the Cadence and Veritex acquisitions, in addition to organic loan growth.

•The yield on the total loan and lease portfolio was 5.84%, a decrease of 12 basis points.

•Average interest-bearing liabilities increased $48.5 billion, or 31%, primarily due to a $47.9 billion, or 35%, increase in interest-bearing deposits driven by deposits acquired in the Cadence and Veritex acquisitions, in addition to organic deposit growth.

•The average cost of total deposits was 1.90%, a decrease of 10 basis points.

Average Loans and Leases



($ in billions)	Quarter Ended				Change
	3Q26		2Q26					3Q25	LQ				YOY
Total loans and leases:
Commercial and industrial	$	90.9	$	90.4		$	61.4		$	0.6	1	%	$	29.5	48	%
Commercial real estate	23.1		23.9			10.7			(0.9)		(4)		12.4		116
Lease financing	5.7		5.7			5.5			—		—		0.2		4
Total commercial	119.7		120.0			77.6			(0.3)		—		42.1		54

Residential mortgage	33.2		33.5			24.5			(0.3)		(1)		8.7		35
Automobile	15.3		15.7			15.7			(0.3)		(2)		(0.4)		(2)
Home equity	11.9		11.9			10.3			—		—		1.6		16
RV and marine	5.7		5.6			5.9			0.1		2		(0.1)		(2)
Other consumer	2.6		2.5			2.0			0.1		2		0.6		30
Total consumer	68.7		69.2			58.3			(0.5)		(1)		10.4		18
Total loans and leases	$	188.4	$	189.3		$	135.9		$	(0.8)	—	%	$	52.5	39	%

See Page 4 of Quarterly Financial Supplement for additional detail.

Average total loans and leases decreased $806 million quarter-over-quarter.

•Average commercial loan balances decreased $303 million, primarily driven by an $854 million, or 4%, decrease in average commercial real estate loans, partially offset by a $553 million, or 1%, increase in average commercial and industrial loans.

•Average consumer loans decreased $503 million, or 1%, primarily driven by a $332 million, or 1%, decrease in average residential mortgage and a $311 million, or 2%, decrease in average automobile loans.

Average total loans and leases increased $52.5 billion, or 39%, from the year-ago quarter, largely due to the impact of the Cadence and Veritex acquisitions, in addition to organic loan growth over the last year.

•Average commercial loans increased $42.1 billion, or 54%, primarily driven by a $29.5 billion, or 48%, increase in average commercial and industrial loans and a $12.4 billion, or 116%, increase in average commercial real estate loans.

•Average consumer loans increased $10.4 billion, or 18%, primarily driven by a $8.7 billion, or 35% increase in average residential mortgage loans and a $1.6 billion, or 16%, increase in average home equity loans.

Average Deposits



	Quarter Ended				Change
($ in billions)	3Q26		2Q26			3Q25		LQ				YOY
Total deposits:
Demand deposits - noninterest-bearing	$	40.2	$	40.0		$	29.0	$	0.1	—	%	$	11.1	38	%
Demand deposits - interest-bearing	63.7		62.4			46.0		1.3		2		17.7		39
Total demand deposits	103.9		102.4			75.0		1.5		1		28.9		38
Money market deposits	77.4		75.3			62.0		2.0		3		15.3		25
Savings deposits	18.8		18.9			15.0		(0.1)		(1)		3.8		25
Time deposits	23.8		26.8			12.8		(3.0)		(11)		11.0		86
Total deposits	$	223.8	$	223.4		$	164.8	$	0.4	—	%	$	59.0	36	%

See Page 5 of Quarterly Financial Supplement for additional detail.

Average total deposits increased $413 million compared to the prior quarter.

•Average interest-bearing deposits increased $267 million.

•Average noninterest-bearing deposits increased $146 million.

Average total deposits increased $59.0 billion, or 36%, from the year-ago quarter, largely due to the impact of the Cadence and Veritex acquisitions, in addition to organic deposit growth over the last year.

•Average interest-bearing deposits increased $47.9 billion, or 35%.

•Average noninterest-bearing deposits increased $11.1 billion, or 38%.

Noninterest Income



	Quarter Ended				Change
($ in millions)	3Q26		2Q26			3Q25		LQ				YOY
Payments and cash management revenue	$	211	$	204		$	174	$	7	3	%	$	37	21	%
Wealth and asset management revenue	131		134			104		(3)		(2)		27		26
Customer deposit and loan fees	124		128			102		(4)		(3)		22		22
Capital markets and advisory fees	122		140			94		(18)		(13)		28		30
Mortgage banking income	45		53			43		(8)		(15)		2		5
Net gains (losses) on sales of securities	—		2			—		(2)		NM		—		—
Other noninterest income (1)	89		124			111		(35)		(28)		(22)		(20)
Total noninterest income	$	722	$	785		$	628	$	(63)	(8)	%	$	94	15	%

Impact of Notable Items (included in other noninterest income):
Gain on sale of a portion of corporate trust and custody business	$	—	$	—		$	24	$	—	NM		$	(24)	NM
Acquired equity security conversion adjustment	(8)		—			—		(8)		NM		(8)		NM
Total adjusted noninterest income (Non-GAAP)	$	730	$	785		$	604	$	(55)	(7)	%	$	126	21	%

Additional information:
Impact of mark-to-market and premiums from credit risk transfer transactions (included in other noninterest income)	$	11	$	8		$	(2)	$	3	38	%	$	13	NM

NM - Not Meaningful

(1)In the third quarter of 2026, we reclassified insurance income and leasing revenue into other noninterest income. Prior period amounts have been revised to conform with the current period presentation.

Noninterest income decreased $63 million, or 8%, from the prior quarter. Excluding the impact of Notable Items, noninterest income decreased $55 million, or 7%, from the prior quarter.

•Capital markets and advisory fees decreased primarily due to lower underwriting and advisory fees.

•Other noninterest income decreased due largely to unfavorable valuation changes for strategic investment and other investments and a decrease in leasing revenue.

Compared with the year-ago quarter, noninterest income increased $94 million, or 15%. Excluding the impact of Notable Items, noninterest income increased $126 million, or 21%, over the year-ago quarter.

•The third quarter of 2026 included the full quarter impact of the Cadence and Veritex acquisitions.

•Payments and cash management revenue increased driven by higher cash management and interchange revenue.

•Capital markets and advisory fees increased primarily due to fees from the legacy business and the impact of Janney and TM Capital, in addition to higher syndication fees.

•Wealth and asset management revenue increased due largely to higher investment management and trust income.

•Customer deposit and loan fees increased driven by increases in loan commitment fees and the volume of personal service charges.

Noninterest Expense



	Quarter Ended				Change
($ in millions)	3Q26		2Q26			3Q25		LQ				YOY
Personnel costs	$	990	$	1,010		$	757	$	(20)	(2)	%	$	233	31	%
Outside data processing and other services	290		326			198		(36)		(11)		92		46
Equipment	79		96			66		(17)		(18)		13		20
Net occupancy	96		90			57		6		7		39		68
Professional services	38		31			31		7		23		7		23
Marketing	54		38			34		16		42		20		59
Amortization of intangibles	49		54			11		(5)		(9)		38		345
Other noninterest expense (1)	176		164			92		12		7		84		91
Total noninterest expense	$	1,772	$	1,809		$	1,246	$	(37)	(2)	%	$	526	42	%
(in thousands)
Average full-time equivalent employees	25.9		26.4			20.2		(0.5)		(2)	%	5.7		28	%

(1)In the third quarter of 2026, we reclassified deposit and other insurance expense and lease financing equipment depreciation into other noninterest expense. Prior period amounts have been revised to conform with the current period presentation.

Impact of Notable Items



	Quarter Ended
($ in millions)	3Q26		2Q26		3Q25
Personnel costs	$	33	$	38	$	—
Outside data processing and other services	52		74		3
Equipment	2		15		1
Net occupancy	10		2		—
Professional services	5		4		9
Marketing	2		8		—



Other noninterest expense	13		11		(5)
Total noninterest expense	$	117	$	152	$	8
Acquisition-related expenses included in Notable Items	$	117	$	152	$	14

Adjusted Noninterest Expense (Non-GAAP)



	Quarter Ended				Change
($ in millions)	3Q26		2Q26			3Q25		LQ				YOY
Personnel costs	$	957	$	972		$	757	$	(15)	(2)	%	$	200	26	%
Outside data processing and other services	238		252			195		(14)		(6)		43		22
Equipment	77		81			65		(4)		(5)		12		18
Net occupancy	86		88			57		(2)		(2)		29		51
Professional services	33		27			22		6		22		11		50
Marketing	52		30			34		22		73		18		53

Amortization of intangibles	49		54			11		(5)		(9)		38		345

Other noninterest expense	163		153			97		10		7		66		68
Total adjusted noninterest expense	$	1,655	$	1,657		$	1,238	$	(2)	(—)	%	$	417	34	%

Noninterest expense, excluding the impact of Notable Items, decreased $2 million from the prior quarter.

•Personnel costs decreased primarily due to lower salary, benefit, and incentive compensation expense.

•Outside data processing and other services decreased primarily reflecting lower technology and data expense.

•Marketing expense increased due largely to higher levels of expense in our expanding geographic areas.

Compared with the year-ago quarter, noninterest expense, excluding the impact of Notable Items, increased $417 million, or 34%.

•The third quarter of 2026 included the full quarter impact of the Cadence and Veritex acquisitions.

•Personnel costs increased primarily due to higher salary and benefit expense.

•Outside data processing and other services increased primarily reflecting higher technology and data expense.

•Amortization of intangibles increased primarily due to the impact of the addition of core deposit intangibles from the acquisitions.

•Net occupancy increased largely due to higher lease and depreciation expense.

•Other noninterest expense increased primarily due to an increased volume of expense activity driven by the impact of the acquisitions.

Credit Quality

Credit Quality Metrics


	2026									2025
($ in millions)	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
Total nonaccrual loans and leases	$	1,697		$	1,589		$	1,332		$	931		$	808
Total other real estate, net	25			23			22			13			10
Other NPAs (1)	—			—			3			1			3
Total nonperforming assets	1,722			1,612			1,357			945			821
Accruing loans and leases past due 90+ days	477			443			421			282			234
NPAs + accruing loans & leases past due 90+ days	$	2,199		$	2,055		$	1,778		$	1,227		$	1,055
NAL ratio (2)	0.89		%	0.84		%	0.71		%	0.62		%	0.59		%
NPA ratio (3)	0.90			0.85			0.72			0.63			0.60
(NPAs+90 days)/(Loans+OREO)	1.15			1.08			0.94			0.82			0.76


Provision for credit losses	$	123		$	132		$	158		$	123		$	122
Net charge-offs	146			119			111			89			75
Net charge-offs / Average total loans and leases	0.31		%	0.25		%	0.26		%	0.24		%	0.22		%
Allowance for loans and lease losses (ALLL)	$	3,222		$	3,249		$	3,243		$	2,537		$	2,374
Allowance for unfunded lending commitments	136			132			125			206			188
Allowance for credit losses (ACL)	$	3,358		$	3,381		$	3,368		$	2,743		$	2,562
ALLL as a % of:
Total loans and leases	1.68		%	1.72		%	1.72		%	1.70		%	1.72		%
NALs	190			204			243			272			294
NPAs	187			202			239			269			289
ACL as a % of:
Total loans and leases	1.75		%	1.78		%	1.78		%	1.83		%	1.86		%
NALs	198			213			253			295			317
NPAs	195			210			248			290			312

(1)Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.

(2)Total NALs as a % of total loans and leases.

(3)Total NPAs as a % of sum of loans and leases, other real estate owned, and other NPAs.

See Pages 9-11 of Quarterly Financial Supplement for additional detail.

NPAs totaled $1.7 billion at September 30, 2026, an increase of $110 million from the prior quarter primarily driven by increases in commercial and industrial, commercial real estate, and residential mortgage NALs. Compared to a year ago, NPAs were up $901 million driven by increases in commercial and industrial, residential mortgage, commercial real estate, and home equity NALs, including NALs acquired as part of the Cadence and Veritex transactions.

The provision for credit losses was $123 million in the 2026 third quarter, a decrease of $9 million quarter-over-quarter and an increase of $1 million year-over-year. NCOs of $146 million increased $27 million quarter-over-quarter and $71 million year-over-year. NCOs represented an annualized 0.31% of average loans and leases in the current quarter, up from 0.25% in the prior quarter and 0.22% in the year-ago quarter. Commercial and consumer net charge-offs were 0.27% and 0.38%, respectively, for the 2026 third quarter.

The ALLL was $3.2 billion and the ACL was $3.4 billion at September 30, 2026. The ACL ratio was 1.75% at September 30, 2026, 3 basis points lower than the prior quarter and 11 basis points lower than a year-ago.

Capital

Capital Ratios


	2026									2025
($ in billions)	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
Tangible common equity / tangible assets ratio	6.9		%	7.1		%	7.0		%	7.1		%	6.8		%
Common equity tier 1 risk-based capital ratio (1)	10.1			10.0			10.2			10.4			10.6
Regulatory Tier 1 risk-based capital ratio (1)	11.5			11.3			11.6			12.0			12.4
Regulatory Total risk-based capital ratio (1)	13.7			13.6			13.8			14.2			14.7
Total risk-weighted assets (1)	$	214.5		$	214.1		$	208.1		$	166.7		$	150.2

(1)Preliminary at September 30, 2026.

See Pages 12-13 of Quarterly Financial Supplement for additional detail.

The tangible common equity to tangible assets ratio was 6.9% at September 30, 2026, compared to 7.1% at June 30, 2026, with the decrease primarily due to a decline in accumulated other comprehensive income from higher market interest rates, as well as an increase in tangible assets driven by higher interest-earning deposits with banks, partially offset by current period earnings, net of dividends and share repurchases. Common Equity Tier 1 (CET1) risk-based capital ratio was 10.1% at September 30, 2026, compared to 10.0% at June 30, 2026, with the increase driven by current period earnings, net of dividends, partially offset by the impact of share repurchases and modestly higher risk-weighted assets.

Income Taxes

The provision for income taxes was $172 million in the 2026 third quarter, compared to $165 million in the 2026 second quarter. The effective tax rate for the 2026 third quarter was 19.3%, compared to 18.4% for the 2026 second quarter. The increase in the effective tax rate was primarily driven by higher non-deductible expenses in the current quarter.

Conference Call / Webcast Information

Please see the 2026 Third Quarter Quarterly Financial Supplement for additional detailed financial performance metrics. This document can be found on the Investor Relations section of Huntington's website, http://www.huntington-ir.com.

About Huntington

Huntington Bancshares Incorporated is a $288 billion asset regional bank holding company headquartered in Columbus, Ohio. A top 10 U.S. commercial bank, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Founded in 1866, Huntington operates approximately 1,400 branches in 21 states, with certain businesses operating nationally. Visit Huntington.com for more information.

Caution Regarding Forward-Looking Statements

All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made and are based on information available at that time. Huntington does not assume any obligation to update forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in circumstances or other factors affecting forward-looking statements that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. If Huntington updates one or more forward-looking statements, no inference should be drawn that Huntington will make additional updates with respect to those or other forward-looking statements. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. See also the other reports filed with the SEC, including discussions under the "Forward-Looking Statements" and "Risk Factors" of Huntington’s Annual Report on Form 10-K for the year ended December 31, 2025 and in its subsequent Quarterly Reports on Form 10-Q, including for the quarters ended March 31, 2026 and June 30, 2026, as filed with the SEC and available on its website at www.sec.gov.

Basis of Presentation

Use of Non-GAAP Financial Measures

This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding Huntington’s results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in this document, the financial supplement, conference call slides, or the Form 8-K related to this document, all of which can be found in the Investor Relations section of Huntington’s website, http://www.huntington-ir.com.

Annualized Data

Certain returns, yields, performance ratios, or quarterly growth rates are presented on an “annualized” basis. This is done for analytical and decision-making purposes to better discern underlying performance trends when compared to full-year or year-over-year amounts. For example, loan and deposit growth rates, as well as net charge-off percentages, are most often expressed in terms of an annual rate like 8%. As such, a 2% growth rate for a quarter would represent an annualized 8% growth rate.

Fully-Taxable Equivalent Interest Income and Net Interest Margin

Income from tax-exempt earning assets is increased by an amount equivalent to the taxes that would have been paid if this income had been taxable at statutory rates. This adjustment puts all earning assets, most notably tax-exempt municipal securities, and certain lease assets, on a common basis that facilitates comparison of results to results of competitors.

Rounding

Please note that items in this document may not add due to rounding.

Notable Items

From time to time, revenue, expenses, or taxes are impacted by items judged by management to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsized impact is believed by management at that time to be infrequent or short term in nature. We refer to such items as “Notable Items.” Management believes it is useful to consider certain financial metrics with and without Notable Items, in order to enable a better understanding of company results, increase comparability of period-to-period results, and to evaluate and forecast those results.

Glossary of Acronyms


ACL			Allowance for Credit Losses
Adjusted CET1			CET1, including the impact of AOCI, excluding cash flow hedges
ALLL			Allowance for Loan and Lease Losses
AOCI			Accumulated Other Comprehensive Income
Cadence			Cadence Bank
CEO			Chief Executive Officer
CET1			Common Equity Tier 1
CRE			Commercial Real Estate
C&I			Commercial and Industrial
DIF			Deposit Insurance Fund
EPS			Earnings Per Common Share
FDIC			Federal Deposit Insurance Corporation
FTE			Fully Taxable Equivalent
GAAP			Generally Accepted Accounting Principles
LQ			Linked Quarter

NAL			Nonaccrual Loan
NCI			Non-controlling Interest
NCO			Net Charge-Off
NIM			Net Interest Margin
NPA			Nonperforming Asset
OREO			Other Real Estate Owned
PPNR			Pre-Provision Net Revenue
ROCE			Return on Average Common Equity
ROTCE			Return on Average Tangible Common Equity

SEC			Securities and Exchange Commission
TBV			Tangible Book Value
TCE			Tangible Common Equity
Veritex			Veritex Holdings, Inc. and Veritex Community Bank
YOY			Year-Over-Year

Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

September 30, 2026

Table of Contents


Financial Highlights			1

Consolidated Balance Sheets			3

Loans and Leases Composition			4

Deposits Composition			5

Quarterly Average Balances and Rates			6

Year-to-Date Average Balances and Rates			7

Selected Income Statement Data			8

Credit Reserves Analysis			9

Net Charge-Off Analysis			10

Nonperforming Assets (NPAs)			11

Capital Under Current Regulatory Standards (Basel III)			12

Non-Regulatory Capital and Other Data			13

Reconciliation of Non-GAAP Financial Measures			14

Basis of Presentation

The preparation of financial statement data in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions that affect amounts reported. Actual results could differ from those estimates.

Non-GAAP Financial Measures

This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding our results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found herein.

Fully-Taxable Equivalent (FTE) Basis

Interest income, yields, and ratios on a FTE basis are considered non-GAAP financial measures. Management believes net interest income on a FTE basis provides a more accurate picture of the interest margin for comparison purposes. The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The FTE basis assumes a federal statutory tax rate of 21%.

Non-Regulatory Capital Ratios

In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including:

•Tangible common equity to tangible assets,

•Tangible common equity to risk-weighted assets using Basel III definition, and

•Adjusted common equity tier 1 (CET1).

These non-regulatory capital ratios are viewed by management as useful additional methods of reflecting the level of capital available to withstand unexpected market conditions. Additionally, presentation of these ratios allows readers to compare the Company’s capitalization to other financial services companies. The tangible common equity ratios differ from capital ratios defined by banking regulators principally in that the numerator excludes preferred securities, the nature and extent of which varies among different financial services companies. The adjusted CET1 ratio differs from the defined CET1 regulatory capital ratio the Company is subject to by including the impact of accumulated other comprehensive income (loss) (AOCI) excluding cash flow hedges in the calculation of the capital ratio. These ratios are not defined in GAAP or federal banking regulations. As a result, these non-regulatory capital ratios disclosed by the Company may be considered non-GAAP financial measures.

Because there are no standardized definitions for these non-regulatory capital ratios, the Company’s calculation methods may differ from those used by other financial services companies. Also, there may be limits in the usefulness of these measures to investors. As a result, the Company encourages readers to consider the consolidated financial statements and other financial information contained in the related press release in their entirety, and not to rely on any single financial measure.

Notable Items

Huntington Bancshares Incorporated

Financial Highlights (Unaudited)


	Three Months Ended															Year-to-Date
(dollar amounts in millions, except per share data, share count in millions)	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
	2026			2026			2026			2025			2025			2026			2025
Summary Income Statement:
Net interest income - FTE(1)	$	2,090		$	2,072		$1,910			$1,609			$	1,523		$	6,072		$	4,447
FTE adjustment	(21)			(20)			(19)			(17)			(17)			(60)			(48)
Net interest income	2,069			2,052			1,891			1,592			1,506			6,012			4,399
Provision for credit losses	123			132			158			123			122			413			340
Noninterest income	722			785			682			582			628			2,189			1,593
Noninterest expense	1,772			1,809			1,774			1,420			1,246			5,355			3,595
Income before income taxes	896			896			641			631			766			2,433			2,057
Provision for income taxes	172			165			114			108			133			451			351
Income after income taxes	724			731			527			523			633			1,982			1,706
Income attributable to NCI	3			4			4			4			4			11			14
Net income attributable to Huntington	721			727			523			519			629			1,971			1,692
Dividends on preferred shares	41			41			41			43			27			123			81

Net income applicable to common shares	$	680		$	686		$	482		$	476		$	602		$	1,848		$	1,611

Key Metrics and Ratios:
Net income per common share - diluted	$	0.33		$	0.33		$	0.25		$	0.30		$	0.41		$	0.92		$	1.09
Cash dividends declared per common share	0.155			0.155			0.155			0.155			0.155			0.465			0.465
TBV per common share - period end(2)	9.47			9.65			9.55			9.89			9.54
TCE ratio - period end(3)	6.9		%	7.1		%	7.0		%	7.1		%	6.8		%

Return on average assets	1.01			1.02			0.81			0.93			1.19			0.95		%	1.09		%
Return on average common shareholders’ equity	9.1			9.3			7.2			8.9			12.4			8.6			11.6
ROTCE(4)	14.6			15.1			11.6			12.7			17.8			13.8			16.9
Net interest margin(1)	3.25			3.21			3.24			3.15			3.13			3.23			3.12
Efficiency ratio(5)	61.2			61.5			67.2			64.2			57.4			63.2			58.4
Effective tax rate	19.3			18.4			17.8			17.2			17.4			18.5			17.0
CET1 ratio - period end(6)	10.1			10.0			10.2			10.4			10.6
Adjusted CET1 ratio - period end(7)	8.9			9.0			9.2			9.2			9.2
Average and Ending Balance Information:
Average total assets	$	282,262		$	284,481		$	262,170		$	220,230		$	209,727		$	276,378		$	207,572
Average earning assets	255,274			258,600			238,973			202,511			192,732			251,009			190,724
Average loans and leases	188,449			189,255			174,216			146,607			135,944			184,026			133,344

Average total deposits	223,816			223,403			204,616			173,156			164,812			217,348			163,292
Average Huntington shareholders’ equity	32,656			32,555			29,896			23,896			21,348			31,713			20,636
Average common shareholders' equity	29,776			29,675			27,050			21,165			19,197			28,843			18,592
Average tangible common shareholders' equity	19,546			19,404			18,024			15,150			13,587			18,997			12,970
Total assets - period end	287,833			283,984			285,372			225,106			210,228
Total Huntington shareholders’ equity - period end	32,179			32,624			32,535			24,342			22,248
Average common shares - basic	2,019			2,021			1,869			1,544			1,459			1,971			1,457
Average common shares - diluted	2,047			2,048			1,901			1,570			1,485			1,999			1,483
Common shares outstanding - period end	2,015			2,020			2,027			1,568			1,459
Credit Quality:
NCOs as a % of average loans and leases	0.31		%	0.25		%	0.26		%	0.24		%	0.22		%	0.27		%	0.23		%
NAL ratio - period end	0.89			0.84			0.71			0.62			0.59
NPA ratio - period end(8)	0.90			0.85			0.72			0.63			0.60
Allowance for loan and lease losses (ALLL) as a % of total loans and leases - period end	1.68			1.72			1.72			1.70			1.72
Allowance for credit losses (ACL) as a % of total loans and leases - period end	1.75			1.78			1.78			1.83			1.86

See Notes to Financial Highlights.

Notes to Financial Highlights

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(2)Tangible book value per common share, a non-GAAP measure, is calculated as tangible common shareholders' equity divided by period end common shares outstanding.

(3)Tangible common shareholders' equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets), which represents a non-GAAP measure. Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate. See page 14 for reconciliation.

(4)Net income applicable to common shares excluding expense for amortization of intangibles for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill. Expense for amortization of intangibles and average intangible assets are net of deferred tax liability, and calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(5)Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding securities gains (losses), which represents a non-GAAP measure.

(6)Common Equity Tier 1 (CET1) risk-based capital ratio. Amount is preliminary at September 30, 2026.

(7)Adjusted CET1 ratio, a non-GAAP measure, is calculated as CET1 including the impact of AOCI, excluding cash flow hedges. Amount is preliminary at September 30, 2026.

(8)NPAs include other nonperforming assets, which includes certain impaired securities and/or nonaccrual loans held for sale, and other real estate owned.

Huntington Bancshares Incorporated

Consolidated Balance Sheets


	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sep 30,
(dollar amounts in millions)	2026		2026		2026		2025		2025
	(Unaudited)		(Unaudited)		(Unaudited)				(Unaudited)
Assets
Cash and due from banks	$	2,377	$	3,330	$	2,096	$	1,783	$	1,696


Interest-earning deposits with banks	15,019		12,714		17,579		12,295		11,536
Trading account assets	345		326		199		63		81
Available-for-sale securities	34,623		35,206		35,557		26,132		26,085
Held-to-maturity securities	14,733		14,384		14,768		15,258		15,597


Other securities	1,433		1,383		1,281		994		870
Loans held for sale	1,567		1,886		1,073		1,415		823
Loans and leases (1)	191,449		189,422		188,818		149,642		137,956
Allowance for loan and lease losses	(3,222)		(3,249)		(3,243)		(2,537)		(2,374)
Net loans and leases	188,227		186,173		185,575		147,105		135,582
Bank-owned life insurance	3,687		3,676		3,673		2,902		2,810
Accrued income and other receivables	3,255		2,960		2,197		2,621		1,819
Premises and equipment	2,166		2,171		2,138		1,321		1,112
Goodwill	9,527		9,527		9,527		5,997		5,547
Servicing rights and other intangible assets	1,728		1,691		1,727		752		644
Other assets	9,146		8,557		7,982		6,468		6,026
Total assets	$	287,833	$	283,984	$	285,372	$	225,106	$	210,228

Liabilities and shareholders' equity
Liabilities
Deposits (2)	$	224,678	$	222,466	$	223,482	$	176,610	$	165,212
Short-term borrowings	6,066		3,111		1,875		1,261		252
Long-term debt	17,341		18,738		21,594		17,221		17,315
Other liabilities	7,531		7,004		5,840		5,635		5,163
Total liabilities	255,616		$	251,319	$	252,791	$	200,727	$	187,942

Shareholders' equity
Preferred stock	2,881		2,881		2,881		2,731		2,731
Common stock	20		20		20		16		15
Capital surplus	25,101		25,150		25,273		17,244		15,537
Less treasury shares, at cost	(92)		(94)		(95)		(92)		(87)
Accumulated other comprehensive income (loss)	(2,974)		(2,213)		(2,059)		(1,908)		(2,071)
Retained earnings	7,243		6,880		6,515		6,351		6,123
Total Huntington shareholders’ equity	32,179		32,624		32,535		24,342		22,248
Non-controlling interest	38		41		46		37		38
Total equity	32,217		32,665		32,581		24,379		22,286
Total liabilities and equity	$	287,833	$	283,984	$	285,372	$	225,106	$	210,228

Common shares authorized (par value of $0.01)	2,250,000,000		2,250,000,000		2,250,000,000		2,250,000,000		2,250,000,000
Common shares outstanding	2,015,387,251		2,020,414,826		2,027,130,587		1,567,732,506		1,459,390,757
Treasury shares outstanding	6,952,614		7,152,410		7,269,138		7,187,541		6,907,525
Preferred stock, authorized shares	6,617,808		6,617,808		6,617,808		6,617,808		6,617,808
Preferred shares outstanding	891,900		891,900		891,900		885,000		885,000

(1)See page 4 for detail of loans and leases.

(2)See page 5 for detail of deposits.

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)


	Sep 30,				Jun 30,				Mar 31,				Dec 31,				Sep 30,
(dollar amounts in millions)	2026				2026				2026				2025				2025
Ending balances by type:
Total loans and leases
Commercial:
Commercial and industrial	$	93,966	49	%	$	91,378	49	%	$	89,282	47	%	$	69,442	46	%	$	62,978	45	%



Commercial real estate	22,748		12		23,457		12		24,337		13		15,209		10		10,732		8
Lease financing	5,885		3		5,714		3		5,796		3		5,727		4		5,515		4
Total commercial	122,599		64		120,549		64		119,415		63		90,378		60		79,225		57
Consumer:
Residential mortgage	33,163		18		33,221		18		33,458		19		24,777		17		24,502		18
Automobile	15,355		8		15,460		8		15,953		8		16,168		11		15,996		12
Home equity	11,898		6		11,884		6		11,831		6		10,395		7		10,314		7
RV and marine	5,757		3		5,706		3		5,627		3		5,682		4		5,805		4
Other consumer	2,677		1		2,602		1		2,534		1		2,242		1		2,114		2
Total consumer	68,850		36		68,873		36		69,403		37		59,264		40		58,731		43
Total loans and leases	$	191,449	100	%	$	189,422	100	%	$	188,818	100	%	$	149,642	100	%	$	137,956	100	%

Ending balances by business segment:
Consumer & Regional Banking	$	102,419	54	%	$	103,317	55	%	$	104,578	55	%	$	79,069	53	%	$	75,027	55	%
Commercial Banking	88,702		46		86,089		45		84,199		45		70,391		47		62,755		45



Treasury / Other	328		—		16		—		41		—		182		—		174		—
Total loans and leases	$	191,449	100	%	$	189,422	100	%	$	188,818	100	%	$	149,642	100	%	$	137,956	100	%

Average balances by business segment:
Consumer & Regional Banking	$	102,818	55	%	$	104,270	55	%	$	95,969	55	%	$	77,908	53	%	$	74,306	55	%
Commercial Banking	85,509		45		84,706		45		78,029		45		68,388		47		61,373		45



Treasury / Other	122		—		279		—		218		—		311		—		265		—
Total loans and leases	$	188,449	100	%	$	189,255	100	%	$	174,216	100	%	$	146,607	100	%	$	135,944	100	%

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)


	Sep 30,				Jun 30,				Mar 31,				Dec 31,				Sep 30,
(dollar amounts in millions)	2026				2026				2026				2025				2025
Ending balances by type:
Total deposits
Demand deposits - noninterest-bearing	$	41,317	18	%	$	40,129	18	%	$	40,839	18	%	$	32,205	18	%	$	28,596	17	%
Demand deposits - interest-bearing	64,503		29		62,395		28		61,086		27		48,510		27		46,056		28
Money market deposits	77,509		35		75,717		34		75,554		34		65,123		37		62,837		38
Savings deposits	18,861		8		18,820		9		18,971		9		15,426		9		14,986		9
Time deposits	22,488		10		25,405		11		27,032		12		15,346		9		12,737		8




Total deposits	$	224,678	100	%	$	222,466	100	%	$	223,482	100	%	$	176,610	100	%	$	165,212	100	%






Ending balances by business segment:

Consumer & Regional Banking	$	148,587	66	%	$	150,687	68	%	$	153,000	69	%	$	117,188	66	%	$	110,043	67	%
Commercial Banking	67,912		30		62,713		28		60,775		27		50,657		29		47,651		28


Treasury / Other	8,179		4		9,066		4		9,707		4		8,765		5		7,518		5
Total deposits	$	224,678	100	%	$	222,466	100	%	$	223,482	100	%	$	176,610	100	%	$	165,212	100	%









Average balances by business segment:

Consumer & Regional Banking	$	149,423	67	%	$	152,612	68	%	$	138,557	67	%	$	114,613	66	%	$	111,138	68	%
Commercial Banking	65,645		29		61,597		28		56,622		28		50,470		29		46,346		28


Treasury / Other	8,748		4		9,194		4		9,437		5		8,073		5		7,328		4
Total deposits	$	223,816	100	%	$	223,403	100	%	$	204,616	100	%	$	173,156	100	%	$	164,812	100	%

Huntington Bancshares Incorporated

Quarterly Average Balances and Rates (Unaudited)


	Sep 30, 2026						Jun 30, 2026						Mar 31, 2026						Dec 31, 2025						Sep 30, 2025
	Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)
(dollar amounts in millions)
Assets:


Interest-earning deposits with banks	$	14,288	$	135	3.78	%	$	16,977	$	156	3.67	%	$	15,634	$	141	3.62	%	$	12,231	$	124	4.03	%	$	11,823	$	134	4.53	%
Trading account assets	315		3		3.87		281		3		3.97		235		2		3.70		112		—		2.58		629		7		4.03
Investment and other securities:
Available-for-sale securities:
Taxable	$	31,521	$	296	3.76		$	31,486	$	285	3.62		$	28,063	$	258	3.67		$	22,879	$	212	3.72		$	23,485	$	246	4.19
Tax-exempt	3,463		43		4.97		3,487		43		4.92		3,441		42		4.86		3,405		43		4.99		3,318		41		5.02
Total available-for-sale securities	34,984		339		3.88		34,973		328		3.75		31,504		300		3.80		26,284		255		3.88		26,803		287		4.29


Held-to-maturity securities - taxable	14,314		96		2.69		14,571		97		2.65		14,975		99		2.65		15,397		103		2.66		15,752		105		2.66





Other securities	1,295		19		5.80		1,369		17		5.00		1,219		16		5.17		949		11		4.86		888		12		5.15
Total investment and other securities	50,593		454		3.59		50,913		442		3.47		47,698		415		3.48		42,630		369		3.46		43,443		404		3.72
Loans held for sale	1,629		22		5.62		1,174		19		6.16		1,190		18		6.19		931		14		6.13		893		15		6.52
Loans and leases (includes nonaccrual loans and leases):
Commercial:
Commercial and industrial	90,924		1,358		5.84		90,371		1,336		5.85		81,535		1,191		5.85		67,378		1,023		5.94		61,440		959		6.11



Commercial real estate	23,071		357		6.05		23,925		370		6.12		21,138		327		6.17		14,268		233		6.39		10,692		187		6.86
Lease financing	5,724		98		6.72		5,726		101		6.98		5,754		99		6.86		5,498		91		6.48		5,483		93		6.69
Total commercial	119,719		1,813		5.93		120,022		1,807		5.96		108,427		1,617		5.96		87,144		1,347		6.05		77,615		1,239		6.25
Consumer:
Residential mortgage	33,183		400		4.82		33,515		404		4.81		30,392		353		4.65		25,098		269		4.29		24,511		259		4.23
Automobile	15,339		230		5.94		15,650		229		5.87		16,056		232		5.86		16,114		241		5.93		15,693		234		5.92
Home equity	11,869		204		6.81		11,878		202		6.85		11,325		193		6.89		10,372		184		7.02		10,264		190		7.34
RV and marine	5,744		81		5.58		5,646		76		5.44		5,631		76		5.44		5,747		80		5.53		5,860		80		5.41
Other consumer	2,595		68		10.44		2,544		64		10.09		2,385		58		9.88		2,132		54		10.11		2,001		55		10.82
Total consumer	68,730		983		5.69		69,233		975		5.65		65,789		912		5.59		59,463		828		5.54		58,329		818		5.57
Total loans and leases	188,449		2,796		5.84		189,255		2,782		5.84		174,216		2,529		5.82		146,607		2,175		5.84		135,944		2,057		5.96
Total earning assets	255,274		$	3,410	5.30	%	258,600		$	3,402	5.28	%	238,973		$	3,105	5.27	%	202,511		$	2,682	5.25	%	192,732		$	2,617	5.39	%
Cash and due from banks	2,375						2,036						1,778						1,396						1,445
Goodwill and other intangible assets	10,416						10,468						9,175						6,043						5,625


All other assets	14,197						13,377						12,244						10,280						9,925
Total assets	$	282,262					$	284,481					$	262,170					$	220,230					$	209,727
Liabilities and shareholders' equity:
Interest-bearing deposits:
Demand deposits - interest-bearing	$	63,704	$	321	2.00	%	$	62,388	$	285	1.83	%	$	52,985	$	246	1.88	%	$	47,185	$	227	1.91	%	$	45,980	$	235	2.02	%
Money market deposits	77,353		517		2.65		75,309		493		2.62		75,216		446		2.41		65,182		437		2.66		62,009		466		2.99
Savings deposits	18,839		30		0.62		18,940		39		0.83		18,033		30		0.68		15,360		19		0.47		15,042		13		0.35
Time deposits	23,766		203		3.40		26,758		231		3.46		22,864		198		3.50		14,661		137		3.69		12,773		116		3.60




Total interest-bearing deposits	183,662		1,071		2.31		183,395		1,048		2.29		169,098		920		2.21		142,388		820		2.28		135,804		830		2.43
Short-term borrowings	1,152		9		3.12		1,887		18		3.65		1,745		16		3.83		897		10		4.45		1,267		13		3.90
Long-term debt	18,145		240		5.28		20,971		264		5.06		20,248		259		5.09		17,335		243		5.61		17,433		251		5.75
Total interest-bearing liabilities	202,959		$	1,320	2.58	%	206,253		$	1,330	2.59	%	191,091		$	1,195	2.53	%	160,620		$	1,073	2.65	%	154,504		$	1,094	2.81	%
Demand deposits - noninterest-bearing	40,154						40,008						35,518						30,768						29,008
All other liabilities	6,453						5,620						5,624						4,907						4,826
Total liabilities	249,566						251,881						232,233						196,295						188,338
Total Huntington shareholders’ equity	32,656						32,555						29,896						23,896						21,348
Non-controlling interest	40						45						41						39						41
Total equity	32,696						32,600						29,937						23,935						21,389
Total liabilities and equity	$	282,262					$	284,481					$	262,170					$	220,230					$	209,727
Net interest rate spread					2.72	%					2.69	%					2.74	%					2.60	%					2.58	%
Impact of noninterest bearing funds					0.53						0.52						0.50						0.55						0.55
FTE net interest income / net interest margin			$	2,090	3.25	%			$	2,072	3.21	%			$	1,910	3.24	%			$	1,609	3.15	%			$	1,523	3.13	%
FTE adjustment			21						20						19						17						17
Net interest income			$	2,069					$	2,052					$	1,891					$	1,592					$	1,506

Memo: Total deposits	$	223,816	$	1,071	1.90	%	$	223,403	$	1,048	1.88	%	$	204,616	$	920	1.82	%	$	173,156	$	820	1.88	%	$	164,812	$	830	2.00	%
Memo: Impact of derivatives on commercial loan yields					(0.06)						(0.06)						(0.08)						(0.18)						(0.25)

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate. Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

Huntington Bancshares Incorporated

Year-To-Date Average Balances and Rates

(Unaudited)



	Nine Months Ended Sep 30, 2026						Nine Months Ended Sep 30, 2025
(dollar amounts in millions)	Average Balances		Income/ Expense (1)		Yield/ Rate (1)		Average Balances		Income/ Expense (1)		Yield/ Rate (1)
Assets:



Interest-earning deposits with banks	$	15,628	$	432	3.69	%	$	11,907	$	402	4.50	%
Trading account assets	277		8		3.85		584		17		3.82
Investment and other securities:
Available-for-sale securities:
Taxable	30,369		839		3.69		23,913		811		4.52
Tax-exempt	3,464		128		4.91		3,274		124		5.06
Total available-for-sale securities	33,833		967		3.81		27,187		935		4.58


Held-to-maturity securities - taxable	14,618		292		2.66		16,078		320		2.65


Other securities	1,294		52		5.32		882		36		5.43
Total investment and other securities	49,745		1,311		3.51		44,147		1,291		3.90
Loans held for sale	1,333		59		5.94		742		36		6.47
Loans and leases (includes nonaccrual loans and leases):
Commercial:
Commercial and industrial	87,644		3,885		5.85		59,477		2,746		6.09
Commercial real estate	22,718		1,054		6.12		10,831		555		6.76
Lease financing	5,735		298		6.85		5,472		274		6.61
Total commercial	116,097		5,237		5.95		75,780		3,575		6.22
Consumer:
Residential mortgage	32,373		1,157		4.76		24,412		762		4.16
Automobile	15,679		691		5.89		15,167		660		5.82
Home equity	11,692		599		6.85		10,195		559		7.33
RV and marine	5,674		233		5.49		5,910		237		5.35
Other consumer	2,511		190		10.15		1,880		154		10.97
Total consumer	67,929		2,870		5.64		57,564		2,372		5.50
Total loans and leases	184,026		8,107		5.84		133,344		5,947		5.91
Total earning assets	251,009		$	9,917	5.28	%	190,724		$	7,693	5.39	%
Cash and due from banks	2,065						1,419
Goodwill and other intangible assets	10,024						5,639


All other assets	13,280						9,790
Total assets	$	276,378					$	207,572
Liabilities and shareholders' equity:
Interest-bearing deposits:
Demand deposits - interest-bearing	$	59,731	$	852	1.91	%	$	44,755	$	663	1.98	%
Money market deposits	75,967		1,456		2.56		61,111		1,388		3.04
Savings deposits	18,607		99		0.71		15,012		31		0.28
Time deposits	24,466		632		3.45		13,347		380		3.81
Total interest-bearing deposits	178,771		3,039		2.27		134,225		2,462		2.45
Short-term borrowings	1,592		43		3.58		1,322		40		4.04
Long-term debt	19,780		763		5.14		17,372		744		5.71
Total interest-bearing liabilities	200,143		$	3,845	2.57	%	152,919		$	3,246	2.84	%
Demand deposits - noninterest-bearing	38,577						29,067
All other liabilities	5,903						4,904
Total liabilities	244,623						186,890
Total Huntington shareholders’ equity	31,713						20,636
Non-controlling interest	42						46
Total equity	31,755						20,682
Total liabilities and equity	$	276,378					$	207,572
Net interest rate spread					2.71	%					2.55	%
Impact of noninterest bearing funds					0.52						0.57
FTE net interest income / net interest margin			$	6,072	3.23	%			$	4,447	3.12	%
FTE adjustment			60						48
Net interest income			$	6,012					$	4,399

Memo: Total deposits	$	217,348	$	3,039	1.87		$	163,292	$	2,462	2.02	%
Memo: Impact of derivatives on commercial loan yields					(0.07)						(0.30)

Huntington Bancshares Incorporated

Selected Income Statement Data

(Unaudited)


	Three Months Ended										Year-to-Date
(dollar amounts in millions, except per share data)	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sep 30,		Sep 30,		Sep 30,
	2026		2026		2026		2025		2025		2026		2025
Interest income	$	3,389	$	3,382	$	3,086	$	2,665	$	2,600	$	9,857	$	7,645
Interest expense	1,320		1,330		1,195		1,073		1,094		3,845		3,246
Net interest income	2,069		2,052		1,891		1,592		1,506		6,012		4,399
Provision for credit losses	123		132		158		123		122		413		340
Net interest income after provision for credit losses	1,946		1,920		1,733		1,469		1,384		5,599		4,059
Payments and cash management revenue	211		204		187		170		174		602		494
Wealth and asset management revenue	131		134		120		102		104		385		307
Customer deposit and loan fees	124		128		110		107		102		362		283
Capital markets and advisory fees	122		140		132		101		94		394		245
Mortgage banking income	45		53		32		39		43		130		102




Net gains (losses) on sales of securities	—		2		13		—		—		15		(58)
Other noninterest income (1)	89		124		88		63		111		301		220
Total noninterest income	722		785		682		582		628		2,189		1,593
Personnel costs	990		1,010		992		845		757		2,992		2,150
Outside data processing and other services	290		326		311		222		198		927		550
Equipment	79		96		93		67		66		268		201
Net occupancy	96		90		85		56		57		271		176
Professional services	38		31		44		80		31		113		75
Marketing	54		38		37		36		34		129		91

Amortization of intangibles	49		54		41		13		11		144		33

Other noninterest expense (1)	176		164		171		101		92		511		319
Total noninterest expense	1,772		1,809		1,774		1,420		1,246		5,355		3,595
Income before income taxes	896		896		641		631		766		2,433		2,057
Provision for income taxes	172		165		114		108		133		451		351
Income after income taxes	724		731		527		523		633		1,982		1,706
Income attributable to NCI	3		4		4		4		4		11		14
Net income attributable to Huntington	721		727		523		519		629		1,971		1,692
Dividends on preferred shares	41		41		41		43		27		123		81

Net income applicable to common shares	$	680	$	686	$	482	$	476	$	602	$	1,848	$	1,611

Average common shares - basic	2,019		2,021		1,869		1,544		1,459		1,971		1,457
Average common shares - diluted	2,047		2,048		1,901		1,570		1,485		1,999		1,483

Per common share
Net income - basic	$	0.34	$	0.34	$	0.26	$	0.31	$	0.41	$	0.94	$	1.11
Net income - diluted	0.33		0.33		0.25		0.30		0.41		0.92		1.09
Cash dividends declared	0.155		0.155		0.155		0.155		0.155		0.465		0.465

Revenue - fully-taxable equivalent (FTE)
Net interest income	$	2,069	$	2,052	$	1,891	$	1,592	$	1,506	$	6,012	$	4,399
FTE adjustment	21		20		19		17		17		60		48
Net interest income FTE (2)	2,090		2,072		1,910		1,609		1,523		6,072		4,447
Noninterest income	722		785		682		582		628		2,189		1,593
Total revenue FTE (2)	$	2,812	$	2,857	$	2,592	$	2,191	$	2,151	$	8,261	$	6,040

(1)In the third quarter of 2026, we reclassified insurance income and leasing revenue into other noninterest income, and we reclassified deposit and other insurance expense and leasing financing equipment depreciation into other noninterest expense. Prior period amounts have been revised to conform with the current period presentation.

(2)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

Huntington Bancshares Incorporated

Credit Reserves Analysis

(Unaudited)


	Three Months Ended															Year-to-Date
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Allowance for loan and lease losses, beginning of period	$	3,249		$	3,243		$	2,537		$	2,374		$	2,331		$	2,537		$	2,244

Loan and lease charge-offs	(200)			(191)			(173)			(145)			(137)			(564)			(381)
Recoveries of loans and leases previously charged off	54			72			62			56			62			188			154
Net loan and lease charge-offs	(146)			(119)			(111)			(89)			(75)			(376)			(227)
Provision for loan and lease losses	119			125			250			109			118			494			357
Allowance on purchased credit deteriorated (PCD) loans and leases at acquisition	—			—			322			71			—			322			—
Allowance on purchased seasoned loans and leases at acquisition (1)	—			—			245			72			—			245			—
Allowance for loan and lease losses, end of period	3,222			3,249			3,243			2,537			2,374			3,222			2,374
Allowance for unfunded lending commitments, beginning of period	132			125			206			188			184			206			202

Provision (benefit) for unfunded lending commitments	4			7			(92)			14			4			(81)			(14)
Allowance for unfunded lending commitments at acquisition	—			—			11			4			—			11			—

Allowance for unfunded lending commitments, end of period	136			132			125			206			188			136			188
Total allowance for credit losses, end of period	$	3,358		$	3,381		$	3,368		$	2,743		$	2,562		$	3,358		$	2,562
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.68		%	1.72		%	1.72		%	1.70		%	1.72		%	1.68		%	1.72		%
Nonaccrual loans and leases (NALs)	190			204			243			272			294			190			294
Nonperforming assets (NPAs)	187			202			239			269			289			187			289
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.75		%	1.78		%	1.78		%	1.83		%	1.86		%	1.75		%	1.86		%
Nonaccrual loans and leases (NALs)	198			213			253			295			317			198			317
Nonperforming assets (NPAs)	195			210			248			290			312			195			312

(1) Reflects Huntington's October 1, 2025 adoption of Accounting Standards Update (ASU) 2025-08 applicable to purchased loans whereby non-PCD loans acquired in a business combination are deemed "purchased seasoned loans" and subject to the gross-approach resulting in recognition of an allowance for credit losses at acquisition.

Huntington Bancshares Incorporated

Net Charge-Off Analysis

(Unaudited)


	Three Months Ended															Year-to-Date
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial	$	71		$	66		$	54		$	40		$	39		$	191		$	119



Commercial real estate	10			3			2			8			(4)			15			(15)
Lease financing	—			(3)			—			(8)			1			(3)			7
Total commercial	81			66			56			40			36			203			111
Consumer:
Residential mortgage	2			3			1			—			—			6			1
Automobile	15			12			15			14			10			42			30
Home equity	—			1			—			—			1			1			1
RV and marine	6			6			7			6			4			19			16
Other consumer	42			31			32			29			24			105			68
Total consumer	65			53			55			49			39			173			116
Total net charge-offs	$	146		$	119		$	111		$	89		$	75		$	376		$	227





Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial	0.31		%	0.29		%	0.26		%	0.24		%	0.25		%	0.29		%	0.27		%



Commercial real estate	0.16			0.06			0.03			0.21			(0.13)			0.08			(0.18)
Lease financing	0.03			(0.18)			0.01			(0.53)			0.04			(0.05)			0.16
Total commercial	0.27			0.22			0.21			0.18			0.18			0.23			0.20
Consumer:
Residential mortgage	0.03			0.03			0.02			0.01			0.01			0.02			0.01
Automobile	0.41			0.32			0.38			0.36			0.26			0.37			0.26
Home equity	0.01			0.01			0.02			(0.01)			0.01			0.01			0.01
RV and marine	0.40			0.44			0.51			0.45			0.30			0.45			0.36
Other consumer	6.30			4.88			5.30			5.22			4.92			5.50			4.89
Total consumer	0.38			0.30			0.34			0.33			0.27			0.34			0.27
Net charge-offs as a % of average loans and leases	0.31		%	0.25		%	0.26		%	0.24		%	0.22		%	0.27		%	0.23		%

Huntington Bancshares Incorporated

Nonperforming Assets (NPAs)

(Unaudited)


	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	1,046		$	986		$	824		$	562		$	455
Commercial real estate	265			243			188			133			131
Lease financing	6			8			9			8			10
Residential mortgage	240			223			185			107			97
Automobile	8			7			6			6			6
Home equity	129			120			117			113			108
RV and marine	2			2			2			2			1
Other consumer	1			—			1			—			—
Total nonaccrual loans and leases	1,697			1,589			1,332			931			808



Other real estate, net	25			23			22			13			10
Other NPAs (1)	—			—			3			1			3
Total nonperforming assets	$	1,722		$	1,612		$	1,357		$	945		$	821

NALs as a % of total loans and leases	0.89		%	0.84		%	0.71		%	0.62		%	0.59		%
NPA ratio (2)	0.90			0.85			0.72			0.63			0.60


Accruing loans and leases past due 90+ days:
Commercial and industrial	$	2		$	2		$	2		$	1		$	1
Commercial real estate	—			—			3			—			—
Lease financing	1			6			5			9			6
Residential mortgage (excluding loans guaranteed by the U.S. Government)	79			66			46			46			35
Automobile	15			12			12			14			12
Home equity	28			24			22			16			20
RV and marine	4			3			3			4			3
Other consumer	8			5			6			6			5
Total, excl. loans guaranteed by the U.S. Government	137			118			99			96			82
Add: loans guaranteed by U.S. Government	340			325			322			186			152
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government	$	477		$	443		$	421		$	282		$	234

Accruing loans and leases past due 90+ days as a percent of total loans and leases:
Excluding loans guaranteed by the U.S. Government	0.07		%	0.06		%	0.05		%	0.06		%	0.06		%
Guaranteed by U.S. Government	0.18			0.17			0.17			0.12			0.11
Including loans guaranteed by the U.S. Government	0.25			0.23			0.22			0.19			0.17

(1)Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.

(2)Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.

Huntington Bancshares Incorporated

Capital Under Current Regulatory Standards (Basel III)

(Unaudited)


	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025








Common equity tier 1 (CET1) capital	$	21,684		$	21,388		$	21,160		$	17,286		$	15,924




Tier 1 capital	24,575			24,279			24,051			20,027			18,665



Total risk-based capital	29,377			29,076			28,772			23,593			22,022
Risk-weighted assets (RWA) (1)	214,500			214,138			208,132			166,684			150,222
Common equity tier 1 risk-based capital ratio (1)	10.1		%	10.0		%	10.2		%	10.4		%	10.6		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	9.0			8.8			9.5			9.3			9.0
Tier 1 risk-based capital ratio (1)	11.5			11.3			11.6			12.0			12.4
Total risk-based capital ratio (1)	13.7			13.6			13.8			14.2			14.7




Reconciliation of Non-GAAP Measure
Common equity tier 1 (CET1) capital	(A)	$	21,684		$	21,388		$	21,160		$	17,286		$	15,924
Add: Accumulated other comprehensive income (loss)		(2,969)			(2,208)			(2,055)			(1,904)			(2,065)
Less: AOCI cash flow hedge		(410)			(167)			(49)			27			16
Adjusted common equity tier 1 (2)	(B)	19,125			19,347			19,154			15,355			13,843
Risk-weighted assets (RWA) (1)	(C)	214,500			214,138			208,132			166,684			150,222

CET1 ratio (1)	(A/C)	10.1		%	10.0		%	10.2		%	10.4		%	10.6		%
Adjusted CET1 ratio (1)(2)	(B/C)	8.9			9.0			9.2			9.2			9.2

(1)Preliminary at September 30, 2026.

(2) Represents CET1 adjusted for AOCI, excluding cash flow hedges, which aligns with GSIB reporting.

Huntington Bancshares Incorporated

Non-Regulatory Capital and Other Data

(Unaudited)

Non-Regulatory Capital


	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025
Calculation of tangible equity / asset ratio:
Total Huntington shareholders’ equity	$	32,179		$	32,624		$	32,535		$	24,342		$	22,248
Goodwill and other intangible assets	(10,393)			(10,442)			(10,496)			(6,142)			(5,611)
Deferred tax liability on other intangible assets (1)	182			192			203			30			13
Total tangible equity	21,968			22,374			22,242			18,230			16,650
Preferred equity	(2,881)			(2,881)			(2,881)			(2,731)			(2,731)
Total tangible common equity	$	19,087		$	19,493		$	19,361		$	15,499		$	13,919
Total assets	$	287,833		$	283,984		$	285,372		$	225,106		$	210,228
Goodwill and other intangible assets	(10,393)			(10,442)			(10,496)			(6,142)			(5,611)
Deferred tax liability on other intangible assets (1)	182			192			203			30			13
Total tangible assets	$	277,622		$	273,734		$	275,079		$	218,994		$	204,630
Shareholders' equity / total assets	11.2		%	11.5		%	11.4		%	10.8		%	10.6		%
Tangible equity / tangible asset ratio	7.9			8.2			8.1			8.3			8.1
Tangible common equity / tangible asset ratio	6.9			7.1			7.0			7.1			6.8
Tangible common equity / RWA ratio (2)	8.9			9.1			9.3			9.3			9.3

(1)Deferred tax liability related to other intangible assets is calculated at a 21% tax rate.

(2)Preliminary at September 30, 2026.

Other Data


	Sep 30,	Jun 30,	Mar 31,	Dec 31,	Sep 30,
	2026	2026	2026	2025	2025
Number of employees (Average full-time equivalent)	25,898	26,407	24,641	20,924	20,247
Number of domestic full-service branches (1)	1,372	1,407	1,403	1,005	972
ATM Count	2,015	2,016	2,043	1,591	1,569

(1)Includes Regional Banking and The Huntington Private Bank offices.

Huntington Bancshares Incorporated

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

Return on Average Tangible Common Shareholders' Equity


	Three months ended															Nine months ended
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Calculation of return on average tangible common shareholders' equity ratio:
Average Huntington common shareholders' equity	$	29,776		$	29,675		$	27,050		$	21,165		$	19,197		$	28,843		$	18,592
Less: Intangible assets and goodwill, net of tax effect	10,230			10,271			9,026			6,015			5,610			9,846			5,622
Average tangible common shareholders' equity (A)	$	19,546		$	19,404		$	18,024		$	15,150		$	13,587		$	18,997		$	12,970
Net income applicable to common shares	$	680		$	686		$	482		$	476		$	602		$	1,848		$	1,611
Add: Amortization of intangibles, net of deferred tax	39			42			33			10			8			114			26
Tangible net income applicable to common shares	$	719		$	728		$	515		$	486		$	610		$	1,962		$	1,637
Add: Notable Items, after tax	98			116			216			99			(13)			430			8

Adjusted net income applicable to common shares, excluding Notable Items	$	817		$	844		$	731		$	585		$	597		$	2,392		$	1,645
Tangible net income applicable to common shares, annualized (B)	$	2,853		$	2,920		$	2,089		$	1,928		$	2,420		$	2,623		$	2,189
Adjusted net income applicable to common shares, excluding Notable Items, annualized (C)	3,241			3,385			2,965			2,320			2,369			3,198			2,199
Return on average tangible common shareholders' equity (B/A)	14.6		%	15.1		%	11.6		%	12.7		%	17.8		%	13.8		%	16.9		%
Adjusted return on average tangible common shareholders' equity, excluding Notable Items (C/A)	16.6		%	17.5		%	16.4		%	15.3		%	17.4		%	16.8		%	17.0		%

Efficiency Ratio


	Three months ended															Nine months ended
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Noninterest expense (GAAP)	$	1,772		$	1,809		$	1,774		$	1,420		$	1,246		$	5,355		$	3,595
Less: Intangible amortization	49			54			41			13			11			144			33
Noninterest expense less amortization of intangibles (non-GAAP)	$	1,723		$	1,755		$	1,733		$	1,407		$	1,235		$	5,211		$	3,562
Net interest income	$	2,069		$	2,052		$	1,891		$	1,592		$	1,506		$	6,012		$	4,399
Noninterest income	722			785			682			582			628			2,189			1,593
Total Revenue (GAAP)	2,791			2,837			2,573			2,174			2,134			8,201			5,992
Add: FTE adjustment (1)	21			20			19			17			17			60			48
Less: Gains (losses) on sales of securities	—			2			13			—			—			15			(58)
FTE revenue less gains (losses) on sales of securities (non-GAAP)	$	2,812		$	2,855		$	2,579		$	2,191		$	2,151		$	8,246		$	6,098
Efficiency Ratio (2)	61.2		%	61.5		%	67.2		%	64.2		%	57.4		%	63.2		%	58.4		%

(1)Calculated on an FTE basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(2)Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding gains (losses) on sales of securities, which represents a non-GAAP measure.

Huntington Bancshares Incorporated

Reconciliation of Non-GAAP Financial Measures (continued)

(Unaudited)

Pre-Provision Net Revenue (PPNR)


	Three months ended
	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sep 30,
(dollar amounts in millions)	2026		2026		2026		2025		2025

Total revenue (GAAP)	$	2,791	$	2,837	$	2,573	$	2,174	$	2,134
Add: FTE adjustment (1)	21		20		19		17		17
Total FTE revenue (non-GAAP)	2,812		2,857		2,592		2,191		2,151




Less: Noninterest expense	1,772		1,809		1,774		1,420		1,246





PPNR	$	1,040	$	1,048	$	818	$	771	$	905

(1) Calculated on an FTE basis, which represents a non-GAAP measure, assuming a 21% tax rate.

Source: View Original Filing on SEC EDGAR

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Huntington Q3 2026 earnings: $680M, $0.33 a share

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