Huntington Q3 EPS Flat at $0.33 as Charge-Offs Jump to 0.31%
HBAN is trading near its 52-week low of $14.82 (1.6% above the low).
Summary
Huntington earned $0.33 per share in Q3 2026, unchanged from Q2, while net charge-offs rose to 0.31% of loans and nonperforming assets grew to $1.7 billion. Net interest margin improved 4 basis points to 3.25%, but noninterest income fell 8%.
Key Events · Earnings and Guidance · HBAN
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Q3 EPS Flat at $0.33
Net income attributable to Huntington was $721 million, or $0.33 per diluted share, matching Q2's $0.33. Adjusted EPS came in at $0.38 versus $0.39 in Q2 after $117 million of acquisition-related expenses.
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Credit Losses and NPAs Rise
Net charge-offs were $146 million, or 0.31% of average loans, up from 0.25% in Q2 and 0.22% a year ago. Nonperforming assets rose $110 million to $1,722 million, an NPA ratio of 0.90% versus 0.85%.
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Margin Up, Fee Income Down
Net interest income rose 1% to $2,069 million and NIM widened 4 basis points to 3.25%. Noninterest income, however, fell 8% to $722 million on lower capital markets and advisory fees ($122 million, down from $140 million).
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Capital Ratios and Buyback
CET1 was 10.1% and adjusted CET1 8.9%; tangible book value per share fell $0.18 to $9.47 on AOCI. Huntington repurchased $100 million of common shares in Q3, bringing year-to-date repurchases to $409 million, or roughly 25 million shares.
Analysis · HBAN · Finance
The headline number was flat where it matters: EPS of $0.33 matched Q2, and adjusted EPS slipped a penny to $0.38. Revenue fell 1% to $2,791 million as noninterest income dropped 8%. Credit is the bigger story. Net charge-offs rose to $146 million, or 0.31% of average loans from 0.25%, and nonperforming assets climbed to $1.7 billion for an NPA ratio of 0.90% versus 0.85% last quarter, driven by C&I, CRE and residential mortgage. Capital remains adequate at a CET1 ratio of 10.1%, but tangible book value per share fell $0.18 to $9.47 as higher market rates hit AOCI. This follows the September 16 guidance cut that lowered the FY27 EPS target to $1.75–$1.83, so the flat quarter and rising losses reinforce rather than reverse that softer outlook.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1560 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HBAN was trading at $15.06 on NASDAQ in the Finance sector, with a market capitalization of approximately $31.8B. The 52-week trading range was $14.82 to $19.46. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.