Huntington Q3 EPS $0.35 flat QoQ; CET1 ratio expands to 10.10%

HUNTINGTON BANCSHARES INC /MD/

2023-Q3 EPS reported $1.09 revenue$1,047,000,000

GAAP EPS $0.35, adjusted EPS $0.36; net income $547M, down $47M YoY.
Net interest income $1.368B (+2% QoQ); NIM 3.20% (+9bp QoQ, -22bp YoY).
Average core deposits +$2.4B QoQ; CET1 ratio up 28bp to 10.10%.
Net charge-offs 0.24% of avg loans, below target range; NPA ratio 0.52%.
Tangible book value per share $7.12; dividend $0.155 unchanged.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HUNTINGTON BANCSHARES INC /MD/ reported the quarter ended September 30, 2023 results: net income $547 million, EPS $0.35 per common share.

Period: the quarter ended September 30, 2023
Net income: $547 million
EPS: $0.35 per common share
Result: reported results

Exact text from the filing

Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income for the 2023 third quarter of $547 million, or $0.35 per common share, a decrease of $47 million, or $0.04, from the year-ago quarter.

View on SEC.gov

2 earnings releases filed in the last 30 days. Browse all earnings releases →

HUNTINGTON BANCSHARES INC /MD/ filing history →

Source: SEC EDGAR

accession 0000049196-23-000091

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.