Huntington Bancshares Reports $285B in Assets

By Greg Peters • Wednesday, May 27 16:20 • Permanent Link

Huntington Bancshares told investors it ended the first quarter of 2026 with $285 billion in assets, $189 billion in loans and $223 billion in deposits, and said its commercial bank continued to post strong organic growth.

The bank said its commercial loan average daily balances rose 10% in fiscal 2025, while average daily deposits climbed 18%. Commercial fees increased 6%, including a 15% gain in commercial payments and a 6% rise in capital markets fees.

On the balance sheet, the company highlighted a $189 billion loan portfolio supported by a $223 billion deposit base at March 31, 2026. Within the commercial bank, loans stood at $84 billion and deposits at $61 billion, representing 45% and 27% of the total commercial bank mix, respectively.

Huntington also pointed to expansion in its geographic footprint, including stronger density in Texas, North Carolina and South Carolina. It said it has added specialty verticals and talent while expanding de novo into North and South Carolina.

The bank framed its growth strategy around multiple businesses, including consumer and digital banking, business banking, capital markets and wealth management. It said its commercial bank now serves 17 specialty verticals, spanning FIG and fund finance, healthcare banking, mortgage ecosystem, tech and telecom, asset finance and payments.

On the earnings side, Huntington said it is “powering robust earnings, ROTCE, and TBV growth,” while maintaining a moderate-to-low risk appetite. It also said it achieved significant revenue synergies across the former TCF footprint and completed its partnership with Veritex, while announcing expanded capital markets capabilities through TM Capital and Janney.

The bank’s presentation also emphasized scale: it described itself as a super-regional franchise operating in 21 states, with a full-spectrum wealth management platform and a capital markets business offering capital raising and advisory services. The market has reacted to these announcements by moving the company's shares -0.25% to a price of $16.02. For the full picture, make sure to review HUNTINGTON BANCSHARES INC /MD/'s 8-K report.

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