Huntington reports Q2 profit of $727 million as loans and fee revenue grow

Huntington Bancshares reported second-quarter 2026 net income of $727 million, or $0.33 per diluted share, for the period ended June 30, up 39% from the prior quarter but down from $0.34 a year earlier; adjusted EPS excluding $152 million in acquisition-related costs was $0.39. Net interest income rose 40% year over year to $2.052 billion and noninterest income increased 67% to $785 million, while average loans and deposits grew 42% and 37%, respectively, largely reflecting the Cadence and Veritex acquisitions; the company completed its Cadence systems conversion in mid-June. Credit metrics showed some deterioration, with nonperforming assets rising to $1.6 billion, or 0.85% of loans and related assets, from 0.63% a year earlier.