Huntington Bancshares Reports Higher Q3 Earnings and Announces Combination with Veritex

Details

The company's earnings per share (EPS) stood at $0.41, up by $0.07 from the prior quarter and $0.08 from the year-ago quarter. Net interest income increased by $39 million from the prior quarter and $155 million from the year-ago quarter, while noninterest income rose by $157 million from the prior quarter and $105 million from the year-ago quarter. The combination with Veritex Holdings, Inc. is scheduled for October 20, 2025.

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About Huntington Bancshares Inc.

Huntington Bancshares Inc. is a diversified regional bank holding company, primarily engaged in providing a comprehensive range of financial services. Its primary function is to offer traditional banking products such as deposits, lending, and wealth management to consumers and businesses. Beyond conventional banking, Huntington Bancshares extends its services to areas such as insurance, investment management, and specialized financial advice, impacting sectors including retail, commercial, and small business banking. The institution operates through an extensive network of branches and ATMs, mostly concentrated across the Midwest and other strategic regions in the United States, fostering community engagement and local economic growth. Known for its customer-focused approach, Huntington Bancshares is lauded for transparent practices and innovative solutions like the 24-Hour Grace overdraft protection. In the financial markets, it plays a significant role, especially within the regional banking sector, offering stability and steady growth potential amidst evolving economic landscapes.