Compared to Estimates, Huntington Bancshares (HBAN) Q1 Earnings: A Look at Key Metrics

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Compared to Estimates, Huntington Bancshares (HBAN) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2026, Huntington Bancshares (HBAN) reported revenue of $2.59 billion, up 34% over the same period last year. EPS came in at $0.37, compared to $0.34 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.59 billion, representing a surprise of -0.04%. The company delivered an EPS surprise of +2.78%, with the consensus EPS estimate being $0.36.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Huntington Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin (FTE): 3.2% versus 3.3% estimated by five analysts on average. Average Balance - Total earning assets: $238.97 billion compared to the $239.55 billion average estimate based on five analysts. Efficiency Ratio: 67.2% versus the five-analyst average estimate of 63%. Net charge-offs / Average total loans and leases: 0.3% versus 0.3% estimated by five analysts on average. Regulatory Tier 1 risk-based capital ratio: 11.6% versus the two-analyst average estimate of 11.5%. Total nonperforming assets: $1.36 billion versus the two-analyst average estimate of $1.07 billion. Tier 1 Leverage Ratio: 9.5% versus 9.3% estimated by two analysts on average. Net interest income - FTE: $1.91 billion compared to the $1.93 billion average estimate based on five analysts. Total Non-Interest Income: $682 million versus $651.88 million estimated by five analysts on average. Mortgage banking income: $32 million versus $40.17 million estimated by four analysts on average. Customer deposit and loan fees: $110 million compared to the $114.97 million average estimate based on four analysts. Payments and cash management revenue: $187 million versus the four-analyst average estimate of $173.88 million.

View all Key Company Metrics for Huntington Bancshares here>>>

Shares of Huntington Bancshares have returned +8.2% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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