NASDAQ$HBAN
Huntington Bancshares Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported sustained core deposit growth, expansion of CET1 capital, and strong credit quality.
Huntington Bancshares Incorporated reported a net income of $547 million for Q3 2023, with earnings per common share (EPS) at $0.35. The quarter was highlighted by sustained core deposit growth, expansion of CET1 capital, and strong credit quality.
- Earnings per common share (EPS) for the quarter were $0.35, flat from the prior quarter.
- Net interest income increased $22 million, or 2%, from the prior quarter.
- Average total deposits increased $2.6 billion, or 2%, from the prior quarter.
- Common Equity Tier 1 (CET1) risk-based capital ratio increased 28 basis points to 10.10%.
Headline financials
Revenue & EPS history
Huntington · Revenue · Quarterly
$1.88B
Forward guidance
Huntington is exceptionally well-positioned to thrive as we manage through the dynamic environment. We continue to deliver on our strategy while taking actions to position the company for sustained growth in the years ahead.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-0.3%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+2.5%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+12.5%
Q3 2022
Best reaction
-9.1%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | -1.6% | -5.5% | |
| Q4 2025 | -5.8% | -1.6% | -5.5% | |
| Q3 2025 | +1.0% | +3.3% | +2.3% | |
| Q2 2025 | +0.5% | -0.6% | +6.3% | |
| Q1 2025 | +3.0% | +5.0% | +21.9% | |
| Q4 2024 | +1.5% | +0.1% | -0.7% | |
| Q3 2024 | -3.0% | -1.9% | +11.7% | |
| Q2 2024 | +5.0% | +4.3% | -2.8% | |
| Q1 2024 | +2.7% | +4.4% | +7.8% | |
| Q4 2023 | +5.6% | +6.9% | +5.1% | |
| Q3 2023 | -4.6% | -5.6% | +10.5% | |
| Q2 2023 | +2.1% | +2.6% | -6.1% | |
| Q1 2023 | -3.4% | -7.6% | -14.1% | |
| Q4 2022 | +5.1% | +5.2% | +9.8% | |
| Q3 2022 | +12.5% | +13.0% | +12.8% | |
| Q2 2022 | +0.5% | -0.6% | +8.6% | |
| Q1 2022 | -3.4% | -4.7% | -8.6% | |
| Q4 2021 | -6.2% | -7.5% | -5.0% | |
| Q3 2021 | -1.4% | -1.0% | -3.8% | |
| Q2 2021 | +0.6% | +3.3% | +11.9% | |
| Q1 2021 | -3.9% | -1.9% | +1.5% | |
| Q4 2020 | -7.1% | -8.5% | +5.4% | |
| Q3 2020 | +8.0% | +2.6% | +21.3% | |
| Q2 2020 | +4.0% | -1.1% | -1.3% | |
| Q1 2020 | +1.5% | +13.7% | +0.7% | |
| Q4 2019 | -6.9% | -7.7% | -5.6% | |
| Q3 2019 | +0.1% | -0.1% | +2.7% | |
| Q2 2019 | +1.9% | +0.7% | -13.2% | |
| Q1 2019 | +0.0% | +1.3% | -3.9% | |
| Q4 2018 | -0.1% | +0.0% | +5.7% | |
| Q3 2018 | -3.7% | -0.4% | +5.6% | |
| Q2 2018 | +0.1% | +1.3% | +6.0% | |
| Q1 2018 | +0.3% | +0.9% | +0.9% | |
| Q4 2017 | +0.5% | +1.1% | -1.9% | |
| Q3 2017 | -2.1% | -3.1% | -5.3% | |
| Q2 2017 | -2.7% | -2.8% | -6.6% | |
| Q1 2017 | -0.6% | +1.5% | -1.8% | |
| Q4 2016 | +5.7% | +2.8% | +7.0% | |
| Q3 2016 | +5.5% | +4.0% | +23.3% | |
| Q2 2016 | +0.4% | +1.8% | +2.9% | |
| Q1 2016 | +1.1% | — | — | |
| Q4 2015 | -1.2% | — | — | |
| Q3 2015 | +4.8% | — | — | |
| Q2 2015 | +1.4% | — | — | |
| Q1 2015 | -2.1% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | -0.8% | — | — | |
| Q2 2014 | +4.7% | — | — | |
| Q1 2014 | -2.7% | — | — | |
| Q4 2013 | -2.7% | — | — | |
| Q3 2013 | +3.5% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | -5.0% | — | — | |
| Q4 2012 | +4.2% | — | — | |
| Q3 2012 | -8.5% | — | — | |
| Q2 2012 | -4.1% | — | — | |
| Q1 2012 | +1.6% | — | — | |
| Q4 2008 | +1.3% | — | — | |
| Q4 2011 | +1.3% | — | — | |
| Q3 2011 | -9.1% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q1 2011 | -1.2% | — | — | |
| Q1 2010 | -1.2% | — | — | |
| Q2 2009 | -6.7% | — | — | |
| Q4 2010 | -6.7% | — | — | |
| Q3 2010 | -1.1% | — | — | |
| Q3 2009 | -1.1% | — | — | |
| Q4 2009 | -2.1% | — | — | |
| Q2 2010 | -2.1% | — | — |
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