Categories Earnings, Finance

Earnings Summary: Highlights of Huntington Bancshares (HBAN) Q2 results

Bank holding company Huntington Bancshares (NASDAQ: HBAN) announced second-quarter 2023 financial results, reporting an increase in revenues.

  • Net earnings, on a per-share basis, remained unchanged at $0.35 during the three-month period
  • Net income attributable to Huntington was $559 million, which is 4% higher than the profit reported last year
  • Net interest income increased 7% annually to $1.35 billion, while total revenues moved up 6% YoY to $1.85 billion
  • At $495 million, non-interest income was up 2%; net interest margin declined to 3.11% from 3.15% last year

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