Huntington Banc Pref Shares HBANP 4.5 Perp 04/15/26 H | 8-K: FY2025 Q3 Revenue: USD 2.134 B

LB filings
2025.10.17 11:04
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Revenue: As of FY2025 Q3, the actual value is USD 2.134 B.

EPS: As of FY2025 Q3, the actual value is USD 0.41.

Segment Revenue

  • Net Interest Income: Increased by $39 million, or 3%, from the prior quarter, and $155 million, or 11%, from the year-ago quarter. For the three months ended September 30, 2025, net interest income was $1,506 million, compared to $1,467 million for the three months ended June 30, 2025, and $1,351 million for the three months ended September 30, 2024.
  • Noninterest Income: Increased by $157 million, or 33%, from the prior quarter, to $628 million. From the year-ago quarter, noninterest income increased by $105 million, or 20%. For the three months ended September 30, 2025, noninterest income was $628 million, compared to $471 million for the three months ended June 30, 2025, and $523 million for the three months ended September 30, 2024.

Operational Metrics

  • Net Income: Reported net income for the 2025 third quarter was $629 million, an increase of $93 million, or 17%, from the prior quarter, and an increase of $112 million, or 22%, from the year-ago quarter. Net income attributable to Huntington was $629 million for the three months ended September 30, 2025, compared to $536 million for the three months ended June 30, 2025, and $517 million for the three months ended September 30, 2024.
  • Return on Average Assets: 1.19%.
  • Return on Average Common Equity: 12.4%.
  • Return on Average Tangible Common Equity (ROTCE): 17.8%.
  • Net Charge-offs: 0.22% of average total loans and leases for the quarter, 2 basis points higher than the prior quarter.
  • Nonperforming Asset Ratio: 0.60% at quarter end, 3 basis points lower than the prior quarter.
  • Allowance for Credit Losses (ACL): $2.6 billion, or 1.86% of total loans and leases, at quarter end, an increase of $47 million from the prior quarter.
  • Provision for Credit Losses: $122 million for the three months ended September 30, 2025, compared to $103 million for the three months ended June 30, 2025, and $106 million for the three months ended September 30, 2024.
  • Noninterest Expense: $1,246 million for the three months ended September 30, 2025, compared to $1,197 million for the three months ended June 30, 2025, and $1,130 million for the three months ended September 30, 2024.
  • Income Before Income Taxes: $766 million for the three months ended September 30, 2025, compared to $638 million for the three months ended June 30, 2025, and $638 million for the three months ended September 30, 2024.

Cash Flow

  • Net Loan and Lease Charge-offs: - $75 million for the three months ended September 30, 2025, compared to - $66 million for the three months ended June 30, 2025, and - $93 million for the three months ended September 30, 2024.

Unique Metrics

  • Average Total Loans and Leases: Increased by $2.8 billion, or 2%, from the prior quarter to $135.9 billion, and increased by $11.4 billion, or 9%, from the year-ago quarter.
  • Average Total Deposits: Increased by $1.4 billion, or 1%, from the prior quarter and $8.3 billion, or 5%, from the year-ago quarter.
  • Net Origination and Secondary Marketing Income: $30 million for the three months ended September 30, 2025, compared to $26 million for the three months ended June 30, 2025, and $25 million for the three months ended September 30, 2024.
  • Net Mortgage Servicing Income: $12 million for the three months ended September 30, 2025, compared to $2 million for the three months ended June 30, 2025, and $13 million for the three months ended September 30, 2024.

Outlook / Guidance

  • Huntington Bancshares Incorporated is poised for continued growth, driven by its differentiated operating model and strategic investments. The company is committed to delivering through-the-cycle growth, backed by rigorous risk management and a disciplined capital strategy. The upcoming combination with Veritex Holdings, Inc. is expected to provide a platform for long-term growth in Texas, enhancing value for clients and communities.
  • Huntington Bancshares Incorporated expects continued growth in net interest income and noninterest income, driven by strong performance in payments and cash management revenue, wealth and asset management revenue, and customer deposit and loan fees. The company anticipates maintaining a stable provision for credit losses and noninterest expense, while focusing on improving operational efficiency. Huntington Bancshares Incorporated aims to enhance its mortgage banking income through increased origination and secondary marketing income, as well as effective mortgage servicing income management.
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