Filing Flows › Huntington Bancshares (HBAN) › Q1 2025
Huntington Bancshares (HBAN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Huntington Bancshares (HBAN) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +9% from a year earlier and -2% from the quarter before. Operating margin was 34.0%, net earnings $527M (27.4% of revenue).
Huntington Bancshares, Q1 2025: revenue $1.9B (+10% year over year), operating margin 34.0%, net earnings $527M, operating cash flow $513M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -2% | +9% |
| Operating profit | $653M | -2% | +28% |
| Net earnings | $527M | -0.6% | +26% |
| Operating cash flow | $513M | -66% | +6% |
| Free cash flow | $459M | -69% | +2% |
What changed
Revenue was $1.9B in Q1 2025, up 9% year over year and down 2% from the previous quarter.
Operating profit was $0.65B, a 34.0% margin (up 4.9 points year over year). Of the extra revenue versus a year earlier, 86% reached operating profit, above the 29% margin then. Total costs grew 2% against revenue growth of 9%. Net earnings were $0.53B, up 26% year over year. The effective tax rate was 18.7%.
Operating cash flow was $0.51B (up 6% year over year), 97% of net earnings. Non-cash charges added back $0.21B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.25B. Capital expenditures of $0.05B left free cash flow of $0.46B.
Questions
What was Huntington Bancshares' revenue in the first quarter 2025?
Huntington Bancshares (HBAN) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +9% from a year earlier and -2% from the quarter before.
Was Huntington Bancshares profitable in the first quarter 2025?
Operating profit was $653M (34.0% of revenue) and net earnings $527M.