Huntington Bancshares posts strong Q1 2026 with 34% revenue growth and $3B buyback plan

Huntington Bancshares (HBAN) reported strong first-quarter 2026 results, driven by recent acquisitions and solid organic growth in loans and deposits. The bank posted an adjusted EPS of $0.37, surpassing analyst expectations, with revenue increasing 34% year-over-year to $2.59 billion. Net interest margin improved to 3.24%, and asset quality remained stable despite integration costs and economic challenges. With a $3 billion share repurchase authorization and expansion into Texas, HBAN is positioned for continued growth, although its shares currently trade at a premium to tangible book value.