Huntington Bancshares Incorporated Reports 2025 First-Quarter Earnings
Huntington Bancshares (HBAN) reported strong Q1 2025 results with net income of $527 million, or $0.34 EPS, marking a 26% increase year-over-year. Key performance highlights include:
- Net interest income grew 11% year-over-year and 2% quarter-over-quarter
- Average total loans increased 7% to $130.9 billion year-over-year
- Average deposits rose 7% to reach $10.9 billion year-over-year
- Noninterest income grew 6% year-over-year despite 12% quarterly decline
The bank demonstrated solid credit quality with net charge-offs at 0.26% and a nonperforming asset ratio of 0.61%. The Board approved a $1 billion share repurchase authorization. Capital position remained strong with CET1 ratio at 10.6% and tangible book value per share increasing 13% year-over-year to $8.80.
Huntington Bancshares (HBAN) ha riportato risultati solidi nel primo trimestre 2025 con un utile netto di 527 milioni di dollari, pari a un EPS di 0,34 dollari, segnando un aumento del 26% su base annua. Punti salienti delle prestazioni includono:
- Il reddito da interessi netti è cresciuto dell'11% su base annua e del 2% rispetto al trimestre precedente
- I prestiti totali medi sono aumentati del 7%, raggiungendo 130,9 miliardi di dollari su base annua
- I depositi medi sono cresciuti del 7%, arrivando a 10,9 miliardi di dollari su base annua
- Il reddito non da interessi è cresciuto del 6% su base annua nonostante un calo trimestrale del 12%
La banca ha mostrato una solida qualità del credito con svalutazioni nette allo 0,26% e un rapporto di attività non performanti dello 0,61%. Il Consiglio ha approvato un programma di riacquisto azionario da 1 miliardo di dollari. La posizione patrimoniale è rimasta solida con un CET1 al 10,6% e un valore contabile tangibile per azione aumentato del 13% su base annua, raggiungendo 8,80 dollari.
Huntington Bancshares (HBAN) reportó sólidos resultados en el primer trimestre de 2025 con un ingreso neto de 527 millones de dólares, o un EPS de 0,34 dólares, lo que representa un aumento del 26% interanual. Aspectos destacados del desempeño incluyen:
- Los ingresos netos por intereses crecieron un 11% interanual y un 2% trimestre a trimestre
- Los préstamos totales promedio aumentaron un 7% hasta 130,9 mil millones de dólares interanual
- Los depósitos promedio subieron un 7%, alcanzando 10,9 mil millones de dólares interanual
- Los ingresos no por intereses crecieron un 6% interanual a pesar de una caída trimestral del 12%
El banco mostró una sólida calidad crediticia con pérdidas netas por incobrables del 0,26% y una tasa de activos no productivos del 0,61%. La Junta aprobó una autorización para recomprar acciones por 1.000 millones de dólares. La posición de capital se mantuvo fuerte con una ratio CET1 del 10,6% y un valor tangible contable por acción que aumentó un 13% interanual hasta 8,80 dólares.
헌팅턴 뱅크쉐어즈(HBAN)는 2025년 1분기에 순이익 5억 2,700만 달러, 주당순이익(EPS) 0.34달러로 전년 동기 대비 26% 증가한 강력한 실적을 보고했습니다. 주요 성과 요약은 다음과 같습니다:
- 순이자수익은 전년 대비 11%, 전분기 대비 2% 증가
- 평균 총대출금은 전년 대비 7% 증가하여 1,309억 달러 기록
- 평균 예금은 전년 대비 7% 증가하여 109억 달러 도달
- 비이자수익은 분기별 12% 감소에도 불구하고 전년 대비 6% 증가
은행은 순대손비용률 0.26%, 부실자산비율 0.61%로 견고한 신용 품질을 입증했습니다. 이사회는 10억 달러 규모의 자사주 매입 승인을 결정했습니다. 자본 상태는 CET1 비율 10.6%로 견고했으며, 주당 유형자산 장부가치는 전년 대비 13% 증가한 8.80달러를 기록했습니다.
Huntington Bancshares (HBAN) a publié de solides résultats pour le premier trimestre 2025 avec un bénéfice net de 527 millions de dollars, soit un BPA de 0,34 dollar, marquant une augmentation de 26 % sur un an. Points clés des performances :
- Le produit net d’intérêts a augmenté de 11 % sur un an et de 2 % par rapport au trimestre précédent
- Le total moyen des prêts a progressé de 7 % pour atteindre 130,9 milliards de dollars sur un an
- Les dépôts moyens ont augmenté de 7 % pour atteindre 10,9 milliards de dollars sur un an
- Les revenus hors intérêts ont crû de 6 % sur un an malgré une baisse trimestrielle de 12 %
La banque a démontré une bonne qualité de crédit avec des pertes nettes sur créances de 0,26 % et un ratio d’actifs non performants de 0,61 %. Le Conseil d’administration a approuvé une autorisation de rachat d’actions d’un milliard de dollars. La position en capital est restée solide avec un ratio CET1 à 10,6 % et une valeur comptable tangible par action en hausse de 13 % sur un an, atteignant 8,80 dollars.
Huntington Bancshares (HBAN) meldete starke Ergebnisse für das erste Quartal 2025 mit einem Nettogewinn von 527 Millionen US-Dollar bzw. einem Gewinn je Aktie (EPS) von 0,34 US-Dollar, was einem Anstieg von 26 % im Jahresvergleich entspricht. Wesentliche Leistungskennzahlen sind:
- Der Nettozinsertrag stieg im Jahresvergleich um 11 % und im Quartalsvergleich um 2 %
- Die durchschnittlichen Gesamtkredite erhöhten sich im Jahresvergleich um 7 % auf 130,9 Milliarden US-Dollar
- Die durchschnittlichen Einlagen stiegen im Jahresvergleich um 7 % auf 10,9 Milliarden US-Dollar
- Die Zinserträge ohne Zinsen wuchsen im Jahresvergleich um 6 %, trotz eines Rückgangs von 12 % im Quartal
Die Bank zeigte eine solide Kreditqualität mit Nettoabschreibungen von 0,26 % und einer Quote notleidender Kredite von 0,61 %. Der Vorstand genehmigte eine Aktienrückkaufgenehmigung in Höhe von 1 Milliarde US-Dollar. Die Kapitalposition blieb mit einer CET1-Quote von 10,6 % stark, und der materielle Buchwert je Aktie stieg im Jahresvergleich um 13 % auf 8,80 US-Dollar.
- Net income increased 26% year-over-year to $527 million
- Net interest income grew 11% year-over-year
- Average loans increased 7% year-over-year to $130.9 billion
- Average deposits grew 7% year-over-year
- Board approved $1 billion share repurchase authorization
- Tangible book value per share increased 13% year-over-year
- Improved credit metrics with lower net charge-offs
- Noninterest income decreased 12% quarter-over-quarter
- Net income decreased $3 million from prior quarter
- Deposit costs remain elevated at 2.03%
Insights
Huntington delivers strong Q1 with 26% YoY profit growth, expanding loans/deposits by 7%, improved credit metrics, and $1B buyback authorization.
Huntington Bancshares (HBAN) reported exceptionally strong Q1 2025 results that demonstrate robust fundamental performance across key metrics. The bank posted EPS of
The earnings quality is high, driven by fundamental business growth rather than one-time items. Net interest income expanded by
Balance sheet growth is impressive and balanced. Average loans increased
Credit quality metrics are trending positively, with net charge-offs of
Capital position continues to strengthen with CET1 rising to
The strategic expansion into North Carolina, South Carolina, and Texas markets appears to be yielding tangible results, creating additional growth vectors beyond traditional markets. This geographic diversification reduces single-market concentration risk while capturing growth opportunities in faster-growing regions.
The only modest concern is the
Exceptional Q1 Results Highlighted by Growth in Loans and Deposits, Expanded Net Interest Income, and Continued Strong Performance in Fee Revenue, Driving Robust Year-Over-Year Profit Growth
2025 First-Quarter Highlights:
- Earnings per common share (EPS) for the quarter were
$0.34 $0.08 $0.06 - Net interest income increased
$31 million 2% , from the prior quarter, and$139 million 11% , from the year-ago quarter. - Total deposit costs were
2.03% , down 13 basis points from the prior quarter. - Noninterest income decreased
$65 million 12% , from the prior quarter, to$494 million $27 million 6% . - Average total loans and leases increased
$2.7 billion 2% , from the prior quarter to$130.9 billion $8.9 billion 7% , from the year-ago quarter.- Average commercial loans grew
$2.2 billion 3% from the prior quarter and$5.8 billion 8% from the year-ago quarter. - Average consumer loans grew
$491 million 1% from the prior quarter and$3.1 billion 6% from the year-ago quarter.
- Average commercial loans grew
- Average total deposits increased
$2.2 billion 1% , from the prior quarter and$10.9 billion 7% , from the year-ago quarter. - Net charge-offs of
0.26% of average total loans and leases for the quarter, 4 basis points lower than the prior quarter. - Nonperforming asset ratio of
0.61% at quarter end, 2 basis points lower than the prior quarter. - Allowance for credit losses (ACL) of
$2.5 billion 1.87% of total loans and leases, at quarter end, an increase of$32 million - Common Equity Tier 1 (CET1) risk-based capital ratio was
10.6% , at March 31, 2025, up from10.5% in the prior quarter. Adjusted Common Equity Tier 1, including the effect of AOCI, was8.9% , up from8.7% in the prior quarter. - Tangible common equity (TCE) ratio of
6.3% , up from6.1% in the prior quarter and6.0% from a year ago. - Tangible book value per share of
$8.80 $0.47 6% , from the prior quarter and up$1.03 13% , from a year ago. - The Board of Directors approved a
$1 billion
Return on average assets was
CEO Commentary:
"Our first quarter results were highlighted by continued profit growth driven by increased loans and deposits, expanded net interest margin, growth of fee revenues, and rigorous expense management," said Steve Steinour, chairman, president, and CEO. "Our outlook for the year remains positive as our organic growth continues to significantly outpace our peer group driven by both our existing businesses and new initiatives. Our teams are executing exceptionally well as we manage overall funding costs lower and drive fee revenues higher. While we closely monitor the external environment, we are very well positioned to operate across a range of potential economic scenarios."
"We have continued to invest in new revenue-producing opportunities and have expanded our capabilities in the commercial and regional bank. These investments are delivering results, evidenced by robust loans and deposits across
"Credit quality performed very well, with improved net-charge offs compared to the previous quarter and 2024 overall, reflecting our credit management approach in line with our aggregate moderate-to-low risk appetite. This is a competitive advantage and we are confident in our ability to outperform through-the-cycle."
"We are operating from a position of strength. Over many years Huntington has maintained a disciplined approach to risk, which has driven our robust capital and liquidity metrics and has resulted in top quartile credit performance. Huntington has demonstrated our ability to execute and capitalize on disruptions in the market, and we believe we are very well positioned to manage through the evolving economic outlook."
The first quarter 2025 earnings materials, including the detailed earnings press release, quarterly financial supplement, and conference call slide presentation, are available on the Investor Relations section of Huntington's website, http://huntington.com/ In addition, the financial results will be furnished on a Form 8-K that will be available on the Securities and Exchange Commission website at www.sec.gov.
Conference Call / Webcast Information
Huntington's senior management will host an earnings conference call on April 17, 2025, at 11:00 a.m. (Eastern Time). The call may be accessed via a live Internet webcast at the Investor Relations section of Huntington's website, www.huntington.com, or through a dial-in telephone number at (877) 407-8029; Conference ID #13752707. Slides will be available in the Investor Relations section of Huntington's website about an hour prior to the call. A replay of the webcast will be archived in the Investor Relations section of Huntington's website. A telephone replay will be available approximately two hours after the completion of the call through April 25, 2025 at (877) 660-6853 or (201) 612-7415; conference ID #13752707.
Please see the 2025 First Quarter Quarterly Financial Supplement for additional detailed financial performance metrics. This document can be found on the Investor Relations section of Huntington's website, http://www.huntington.com.
About Huntington
Huntington Bancshares Incorporated is a
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SOURCE Huntington Bancshares Incorporated
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