Huntington Bancshares Q2 Earnings Highlights

By Tamara Parker • Friday, July 18 15:30 • Permanent Link

Huntington Bancshares Incorporated has reported its 2025 second-quarter earnings, with several key highlights. Earnings per common share for the quarter was reported as $0.34, unchanged from the prior quarter, and $0.04 higher than the year-ago quarter. The net interest income increased by $41 million, or 3%, from the prior quarter, and $155 million, or 12%, from the year-ago quarter. However, noninterest income decreased by $23 million, or 5%, from the prior quarter.

The average total loans and leases increased by $2.3 billion, or 2%, from the prior quarter to $133.2 billion, and increased by $9.8 billion, or 8%, from the year-ago quarter. The average total deposits increased by $1.8 billion, or 1%, from the prior quarter, and $9.9 billion, or 6%, from the year-ago quarter.

Net charge-offs of 0.20% of average total loans and leases for the quarter were 6 basis points lower than the prior quarter. The nonperforming asset ratio at quarter-end was 0.63%, 2 basis points higher than the prior quarter. The allowance for credit losses (ACL) stood at $2.5 billion, or 1.86% of total loans and leases, at quarter-end—reflecting an increase of $37 million from the prior quarter.

The common equity tier 1 (CET1) risk-based capital ratio was reported at 10.5%, at June 30, 2025, compared to 10.6% in the prior quarter. Adjusted common equity tier 1, including the impact of AOCI excluding cash flow hedges, was 9.0%, up from 8.9% in the prior quarter. The tangible common equity (TCE) ratio was reported at 6.6%, up from 6.3% in the prior quarter and 6.0% from a year ago. The tangible book value per share stood at $9.13, up $0.33, or 4%, from the prior quarter and up $1.24, or 16%, from a year ago.

In terms of return on average assets, it was reported at 1.04%, return on average common equity at 11.0%, and return on average tangible common equity (ROTCE) at 16.1%. Excluding the impact of the securities repositioning and notable items, ROTCE was 17.6%.

The company also announced a combination with Veritex Holdings, Inc., which is expected to accelerate Huntington’s organic growth initiatives in the dynamic Texas market.

The market has reacted to these announcements by moving the company's shares -1.91% to a price of $16.655. Check out the company's full 8-K submission here.

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