8-K ·Filed Apr 23, 2026
8-K Item 2.02: Earnings release
Actionable Insight ▼ Bearish
Monitor next quarter's credit quality metrics and efficiency ratio as integration costs subside; the $3B buyback may support stock but does not offset current earnings pressure.
Final — all horizons settled through T+60d ⚠ clustered
HBANP ▼ -3.73% at T+60d
SHORT call ✓ call won +3.73% · α vs SPY +8.75% · entry $17.02 → $16.38
T+1d
+0.44%
call -0.44% · α +0.34%
$17.09
settled 5mo ago
T+5d
-0.91%
call +0.91% · α +2.39%
$16.86
settled 5mo ago
T+20d
-2.15%
call +2.15% · α +6.78%
$16.65
settled 4mo ago
T+60d
-3.73%
call +3.73% · α +8.75%
$16.38
settled 2mo ago
Price Chart
Loading chart...
Executive Summary
Huntington Bancshares reported Q1 2026 earnings with GAAP EPS of $0.25, missing consensus by 0.7% despite strong revenue growth driven by acquisitions. The miss was due to $263M in acquisition-related expenses. Net interest margin expanded 9 bps QoQ to 3.24%.
Key Financial Metrics
EPS
$0.25
est $0.37 · -32.4%
Revenue
$2.6B
est $2.6B · +0.5% · +34.0% YoY
Rating
miss
Key Facts
- GAAP EPS of $0.25 (consensus $0.37), missing by 0.7%
- Adjusted EPS (non-GAAP) of $0.37 matched prior quarter
- $263M in acquisition-related expenses drove the GAAP miss
- Net interest income up 19% QoQ to $1.89B
- Net interest margin expanded 9 bps QoQ to 3.24%
- Average loans and leases up 19% QoQ to $174.2B
- Average deposits up 18% QoQ to $204.6B
- Provision for credit losses increased $35M QoQ to $158M
- Nonperforming asset ratio rose to 0.72% from 0.63%
- $3B share repurchase authorization announced
Financial Impact
$263M in acquisition costs caused GAAP EPS miss of $0.12
epsnetInterestIncomeprovisionForCreditLossesnonInterestExpense
Risk Factors
- Acquisition integration risk and cost overruns
- Rising credit costs and nonperforming assets
- Funding cost pressure despite margin expansion
Market Snapshot
Exchange
Nasdaq
Sector
National Commercial Banks
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000049196-26-000032 |
| Document: hban20260331_8kex991.htm | 0000049196-26-000032 |
| Document: hban-20260423.htm | 0000049196-26-000032 |
| Document: 0000049196-26-000032-index-headers.html | 0000049196-26-000032 |
| Document: 0000049196-26-000032-index.html | 0000049196-26-000032 |
| Document: 0000049196-26-000032.txt | 0000049196-26-000032 |
| 8-K Data (Synthetic) | 0000049196-26-000032 |
US Market Status
Market Closed — Opens Mon (38h 14m)
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access