Huntington FY26 Q1 net income slips 1% to $523 million

• Huntington Bancshares posted first-quarter net income attributable to Huntington of USD 523 million, down 1%.
• Total revenue, FTE, climbed 34% to USD 2.59 billion as net interest income rose 33% to USD 1.9 billion.
• Net interest margin widened 14 basis points to 3.24%, due to lower funding costs partly offset by lower yields on earning assets.
• Provision for credit losses increased 37% to USD 158 million, while noninterest expense jumped 54% to USD 1.77 billion on USD 263 million of acquisition-related expenses.
• Cadence acquisition closed Feb. 1 with USD 8.3 billion of consideration, following Veritex deal in October 2025; board declared quarterly common dividend of USD 0.155 per share payable July 1.

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