Filing Flows › Huntington Bancshares (HBAN) › Q1 2026
Huntington Bancshares (HBAN) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Huntington Bancshares (HBAN) reported revenue of $2.6B for the first quarter 2026 (Q1 2026), +34% from a year earlier and +18% from the quarter before. Operating margin was 24.9%, net earnings $523M (20.3% of revenue).
Huntington Bancshares, Q1 2026: revenue $2.6B (+34% year over year), operating margin 24.9%, net earnings $523M, operating cash flow $524M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +18% | +34% |
| Operating profit | $641M | +2% | -2% |
| Net earnings | $523M | +0.8% | -0.8% |
| Operating cash flow | $524M | -44% | +2% |
| Free cash flow | $400M | -51% | -13% |
What changed
Revenue was $2.6B in Q1 2026, up 34% year over year and up 18% from the previous quarter.
Operating profit was $0.64B, a 24.9% margin (down 9.1 points year over year). Operating profit fell $0.01B even though revenue rose $0.65B versus Q1 2025, so costs grew faster than sales. Total costs grew 52% against revenue growth of 34%. The fastest-growing cost line was Noninterest expense (+54%). Net earnings were $0.52B, down 1% year over year. The effective tax rate was 17.8%.
Operating cash flow was $0.52B (up 2% year over year), 99% of net earnings. Non-cash charges added back $0.19B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $0.12B left free cash flow of $0.40B.
Questions
What was Huntington Bancshares' revenue in the first quarter 2026?
Huntington Bancshares (HBAN) reported revenue of $2.6B for the first quarter 2026 (Q1 2026), +34% from a year earlier and +18% from the quarter before.
Was Huntington Bancshares profitable in the first quarter 2026?
Operating profit was $641M (24.9% of revenue) and net earnings $523M.