Huntington Q1 2026 EPS falls to $0.25 as revenue rises on Cadence and Veritex deals
Huntington reported first-quarter 2026 GAAP net income of $523 million, or $0.25 per share, down from $0.30 in the prior quarter and $0.34 a year earlier, while net interest and noninterest income grew with the Cadence and Veritex acquisitions. Results include $263 million of pre-tax acquisition-related expenses, and adjusted EPS was $0.37. The Board also approved a $3 billion share repurchase authorization on April 22, 2026, replacing the prior $1 billion authorization.
Key points
- GAAP EPS of $0.25 compares with $0.30 in the fourth quarter of 2025 and $0.34 in the first quarter of 2025.
- Adjusted EPS of $0.37 excludes $263 million of pre-tax acquisition-related expenses, or $210 million after tax.
- Net interest income rose $299 million, or 19%, and noninterest income rose 17% to $682 million, both from the prior quarter.
- On April 22, 2026, the Board approved a $3 billion share repurchase authorization; the company repurchased $150 million of common shares in the first quarter.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.