secwatch.observer — SEC 8-K summary
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Issuer:     HUNTINGTON BANCSHARES INC /MD/ (HBAN)
CIK:        0000049196
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0000049196-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Huntington reports record Q4 EPS $0.42, full-year net income $2.2B, authorizes $1B buyback
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- Q4 GAAP EPS $0.42 (adjusted $0.43); net income $645M, up 61% YoY.
- Full-year net income $2.2B (+73% YoY); EPS $1.45 (adjusted $1.50); PPNR $3.1B (+88% YoY).
- Net interest margin expanded 67bp YoY to 3.52%; average loans up $1.9B QoQ.
- Credit quality: NCOs 0.17%, NPAs down for 6th straight quarter; CET1 ratio 9.44%.
- Board approved $1B share repurchase authorization over eight quarters; TCF cost synergies completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49196/000004919623000006/0000049196-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49196/000004919623000006/hban-20230120.htm
  HTML page:      https://secwatch.observer/filing/0000049196-23-000006

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