$HBAN · HUNTINGTON BANCSHARES INC /MD/

Huntington Bancshares reported Q3 2026 EPS of $0.33, unchanged from Q2, and adjusted EPS of $0.38 (excluding $117 million in acquisition-related expenses), down $0.01. Net interest income rose 1% quarter-over-quarter to $2,069 million, and NIM expanded 4 basis points to 3.25% on higher investment-security yields and modestly lower funding costs. Average loans and leases declined 0.4% to $188.4 billion, driven by CRE and consumer runoff, partially offset by C&I growth; average deposits rose 0.2% to $223.8 billion.

Extended-hours trade at $15.56 is down 1.00% vs. regular close of $15.72. The after-hours dip suggests investors are focused on the 8% sequential drop in noninterest income and flat loan growth despite acquisition synergies.

Regional bank posts stable EPS despite loan headwinds, with NIM expansion offsetting fee-income weakness and acquisition costs.

Regional banks face persistent NIM pressure from deposit competition; Huntington's 4 bp NIM expansion and stable deposit costs contrast with peers still bleeding on funding. Loan growth remains muted across the sector as CRE portfolios shrink.

Continued CRE and consumer loan runoff could offset C&I gains; capital markets fee volatility may pressure noninterest income; AOCI sensitivity to rates threatens tangible book value if yields rise further.