Company expects full earnings power from acquisitions to be evident by Q4
Huntington says operating environment remains constructive entering second half of 2026
Company expects sustained growth of earnings and tangible book value
Result drivers
Acquisition impact - Growth in loans, leases, and deposits was driven by the Cadence and Veritex acquisitions
Noninterest income - Noninterest income rose 15% from the prior quarter and 67% from the year-ago quarter
Systems conversion - Successful Cadence Bank systems conversion completed in mid-June, supporting integration efforts
Key details and analyst coverage
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.33
Q2 Net Income
$727 mln
Q2 CET1 Capital Ratio
10.00%
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
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