Key Points – Huntington Bancshares posted a strong Q2 with organic loan and deposit growth, higher revenue, and improving profitability, while management said the company is at an “inflection point” after recent integrations and footprint expansion. – The bank completed its…
dence systems conversion and is now shifting focus to growth, with management targeting $365 million in Cadence cost synergies by Q4 and citing early revenue opportunities from the combined franchise. – Fee income and credit quality remain bright spots: value-added fee revenues rose more than 60% year over year, credit performance stayed strong, and Huntington reaffirmed longer-term 2027 targets even as it expects net interest income to come in toward the low end of guidance. – MarketBeat Week in Review – 03/09 – 03/13 Huntington Bancshares (NASDAQ:HBAN) executives said the bank delivered a strong second quarter of 2026, citing organic loan and deposit growth, higher revenue, improving profitability and completion of the Cadence systems conversion as key milestones. Chairman, President and CEO Stephen Steinour called the quarter “exceptional,” saying Huntington is now at an “inflection point” after completing recent integrations and expanding its footprint
He said customer activity remains steady, commercial demand is broad-based and visibility on economic trends has improved since the prior quarter. – Huntington Bancshares Is Chasing a Bigger Growth Story “Our core businesses are performing at a high level, our conversions are complete, and we are positioned to capture the benefits of our investments, as well as the recent partnerships and expanded footprint,” Steinour said. Cadence Conversion Completed as Management Shifts Focus to Growth Brant Standridge, Huntington’s President of Consumer and Regional Banking, said the bank completed the Cadence systems conversion 235 days after announcement. He said the process included training and transitioning 4,500 colleagues onto Huntington systems,…