Huntington Bancshares (HBAN) Q4 FY2025 earnings: revenue $2.2 billion, up 11.3% on the year

Huntington Bancshares Inc. (HBAN) reported revenue of $2.2 billion for Q4 FY2025, the quarter ended 31 December 2025, up 11.3% on the same quarter a year earlier. Net income was $519 million, down 2.1% on the year, and diluted earnings per share $0.30. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2026.

Revenue

$2.2 billion

+11.3% on the year · +1.9% on the quarter

Q1 FY2024Q4 FY2025

Operating margin

n/a

Q1 FY2024Q4 FY2025

Net income

$519 million

-2.1% on the year · -17.5% on the quarter

Q1 FY2024Q4 FY2025

Diluted EPS

$0.30

-11.8% on the year · -26.8% on the quarter

Q1 FY2024Q4 FY2025

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Net income and EPS declined: Net income was $519 million, or $0.30 per common share, down 17% from the prior quarter. Notable items of $130 million pre-tax, mainly acquisition-related expenses, were included.
Adjusted EPS of $0.37: Adjusted EPS, excluding after-tax notable items, was $0.37: down $0.03 from the prior quarter and up $0.03 from the year-ago quarter.
Average loans rose 8% sequentially: Average total loans and leases were $146.6 billion, up 8% from the prior quarter and 14% from a year ago, including the Veritex acquisition.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Revenue	2,174	2,134	1,954	+1.9%	+11.3%
Pre-tax income	631	766	669	-17.6%	-5.7%
Income tax	108	133	135	-18.8%	-20.0%
Effective tax rate	17.1%	17.4%	20.2%
Net income	519	629	530	-17.5%	-2.1%
Net margin	23.9%	29.5%	27.1%
Diluted EPS	$0.30	$0.41	$0.34	-26.8%	-11.8%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Operating cash flow	928	487	1,484	+90.6%	-37.5%
Capital expenditure	118	41.0	27.0	+187.8%	+337.0%
Free cash flow	810	446	1,457	+81.6%	-44.4%
Cash from investing	-1,436	-266	-4,784
Cash from financing	1,265	2,158	3,562	-41.4%	-64.5%
Depreciation and amortisation	190	175	130	+8.6%	+46.2%
Share-based compensation	29.0	31.0	25.0	-6.5%	+16.0%
Buybacks	n/a	0.0	n/a
Dividends paid	228	227	226	+0.4%	+0.9%
Dividend per share	n/a	$0.15	n/a
Diluted shares, weighted	1,505m	1,485m	1,476m	+1.4%	+1.9%
Shares outstanding at period end	1,568m	1,459m	1,454m	+7.4%	+7.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Shareholders' equity	24,342	22,248	19,740	+9.4%	+23.3%
Non-controlling interest	37.0	38.0	42.0	-2.6%	-11.9%
Deposits	176,610	165,212	162,448	+6.9%	+8.7%
Debt	18,482	17,567	16,573	+5.2%	+11.5%
Other liabilities	5,635	5,163	5,427	+9.1%	+3.8%
Total liabilities and equity	225,106	210,228	204,230	+7.1%	+10.2%
Fixed assets	1,321	1,112	1,066	+18.8%	+23.9%
Goodwill	5,997	5,547	5,561	+8.1%	+7.8%
Intangible assets	145	n/a	96.0		+51.0%
Securities held for sale or to maturity	41,390	41,682	43,641	-0.7%	-5.2%
Loans	147,105	135,582	127,798	+8.5%	+15.1%
Cash and equivalents	13,495	12,738	12,847	+5.9%	+5.0%
Other assets	15,653	13,567	13,221	+15.4%	+18.4%
Total assets	225,106	210,228	204,230	+7.1%	+10.2%

Questions

What was Huntington Bancshares' revenue in Q4 FY2025?

Huntington Bancshares (HBAN) reported revenue of $2.2 billion for Q4 FY2025, the quarter ended 31 December 2025, up 11.3% on the same quarter a year earlier.

How much did Huntington Bancshares earn in Q4 FY2025?

Net income for Q4 FY2025 was $519 million, down 2.1% on the year, and diluted earnings per share $0.30.

When did Huntington Bancshares report Q4 FY2025 results?

Huntington Bancshares filed its 10-K for the year that ended with the quarter on 13 February 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024 †	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,647	1,645	1,746	1,902	1,961	1,921	1,841	1,877	1,721	1,754	1,803	1,874	1,954	1,920	1,938	2,134	2,174	2,573	2,837	2,791
Interest expense	50.0	49.0	70.0	185	392	619	879	945	1,034	1,093	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	490	567	661	743	793	750	699	688	247	510	586	638	669	653	638	766	631	641	896	896
Tax rate	18%	19%	18%	20%	18%	19%	19%	20%	-0%	17%	18%	18%	20%	19%	15%	17%	17%	18%	18%	19%
Net income	401	460	539	594	645	602	559	547	243	419	474	517	530	527	536	629	519	523	727	721
Net margin	24%	28%	31%	31%	33%	31%	30%	29%	14%	24%	26%	28%	27%	27%	28%	29%	24%	20%	26%	26%
Diluted EPS	$0.25	$0.29	$0.35	$0.39	$0.42	$0.39	$0.35	$0.35	$0.15	$0.26	$0.30	$0.33	$0.34	$0.34	$0.34	$0.41	$0.30	$0.25	$0.33	$0.33
Operating cash flow	497	849	975	846	1,357	130	630	999	898	482	305	-438	1,484	513	554	487	928	524	1,123	773
Capital expenditure	90.0	73.0	50.0	42.0	49.0	25.0	32.0	23.0	60.0	32.0	42.0	42.0	27.0	54.0	54.0	41.0	118	124	96.0	90.0
Free cash flow	407	776	925	804	1,308	105	598	976	838	450	263	-480	1,457	459	500	446	810	400	1,027	683
Buybacks	150	0.0	0.0	0.0	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	n/a	150	159	100
Dividends paid	219	225	224	224	224	225	224	225	226	226	225	226	226	226	227	227	228	248	316	313
Shares outstanding	1,438m	1,439m	1,442m	1,443m	1,443m	1,444m	1,448m	1,448m	1,448m	1,449m	1,452m	1,453m	1,454m	1,457m	1,459m	1,459m	1,568m	2,027m	2,020m	2,015m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2025, filed 13 February 2026: the filing.