Huntington Bancshares Q4 net income falls 17% on acquisition costs

Huntington Bancshares

22/01/2026 12:05

Corrects Key Details table to say Q4 net interest income was $1,592 million, not $582 million

Overview

Regional bank's Q4 net income fell 17% from prior qtr, impacted by acquisition expenses

Net interest income rose 6% from prior qtr, 14% yr/yr

Completed Veritex integration, Cadence partnership closing Feb 1, 2026

Outlook

Huntington expects Cadence Bank partnership to close on February 1, 2026

Company focuses on driving strong organic growth in 2026

Huntington sees robust backlogs and pipeline entering 2026

Result Drivers

NET INTEREST INCOME - Increased by $86 mln, or 6%, from prior qtr and $197 mln, or 14%, yr/yr, driven by organic growth and strategic partnerships

LOAN GROWTH - Average total loans and leases rose by $10.7 bln, or 8%, from prior qtr, boosted by Veritex acquisition

STRATEGIC PARTNERSHIPS - Completed Veritex integration and anticipated Cadence partnership to further drive growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.30
Q4 Net Income
$519 mln
Q4 Net Interest Income
$1,592 mln
Q4 CET1 Capital Ratio
10.40%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Huntington Bancshares Inc is $20.00, about 6.6% above its January 21 closing price of $18.77

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPn7CcRXQa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)