The bank reported $161 million quarterly net interest income growth, driven by a 9% sequential increase and 40% year-over-year rise.
Huntington Bancshares posted Q2 adjusted earnings per share of $0.39, aligning with market expectations. Net interest income rose by $161 million, or 9%, from the prior quarter, and surged 40% year-over-year to $585 million.
Noninterest income climbed $103 million, or 15%, sequentially, reaching $785 million. The bank’s performance reflects stronger lending activity and fee-based revenue growth compared to both the previous quarter and the same period last year.