Huntington Bancshares Incorporated recently presented at the 2026 UBS US Financial Services Conference, where they highlighted their performance and growth strategies. The company reported a 14% increase in earnings per share (EPS) to $1.39 and a 16% increase in adjusted EPS to $1.45 compared to the previous period. Their revenue also saw significant growth, increasing by 11%.
Additionally, Huntington Bancshares Incorporated emphasized their commitment to sustainable operating leverage, with a 70 basis points (bps) improvement and a 290 bps improvement in adjusted operating leverage. Their tangible book value (TBV) per share grew by 19%, demonstrating their focus on driving long-term shareholder value.
The company's return on tangible common equity (ROTCE) stood at 15.7%, with an adjusted ROTCE of 16.4%. These metrics indicate the company's effective utilization of capital to generate earnings.
During the presentation, Huntington Bancshares Incorporated also highlighted their differentiated operating model, sustainable operating leverage, disciplined capital allocation, and robust risk management as key drivers of value creation.
Furthermore, the company showcased its leading presence in Texas, ranking 8th in deposits in the state. This positioning signifies substantial growth opportunities and enhanced capabilities in a scaled market.
The market has reacted to these announcements by moving the company's shares 0.39% to a price of $18.02. For the full picture, make sure to review HUNTINGTON BANCSHARES INC /MD/'s 8-K report.
