Key Highlights

  • Huntington Bancshares' $0.155 quarterly Dividend has a Record Date of September 17, 2026, payable October 1, yielding approximately 3.70%.
  • Second-quarter Net Income was $727 million, or $0.33 diluted EPS, with FTE total Revenue up 46% year over year to approximately $2.857 billion.
  • The company completed its final major Cadence systems conversion in June, following the February 1, 2026 Cadence Acquisition and the October 2025 Veritex acquisition.
  • Management expects approximately $435 million of annualized cost synergies by 2027, including $365 million from Cadence and $70 million from Veritex.

Huntington Bancshares' (NASDAQ:HBAN) $0.155 quarterly dividend yields approximately 3.70% and represented approximately 47% of second-quarter GAAP diluted EPS of $0.33, or approximately 40% of adjusted EPS of $0.39, a Payout Ratio unchanged from the prior quarter as the bank completed the final systems integration milestone from its Cadence and Veritex acquisitions. Average total loans and leases increased approximately 42% year over year, reflecting the scale added by both transactions.

Dividend Program and Shareholder Returns

Huntington's latest common dividend is $0.155 per share, unchanged from the preceding quarter, declared July 23 and payable October 1 to shareholders of record as of September 17. The company also has multiple preferred-stock dividend obligations, with the relevant series generally paying quarterly dividends in October. The common dividend currently annualizes to $0.62 per share. During the first six months of 2026, the bank paid approximately $550 million of common dividends to the parent company.

About the Company

Huntington Bancshares is the bank Holding Company for Huntington National Bank, headquartered in Columbus, Ohio, operating a super-regional Franchise across the Midwest and selected Southeastern markets, materially expanded through its Cadence and Veritex combinations.

Financial Performance Behind the Payout

Huntington reported second-quarter net income of $727 million, or $0.33 diluted EPS, with adjusted EPS of $0.39. FTE total revenue increased 46% year over year to approximately $2.857 billion, comprising $2.052 billion of net interest income and $785 million of noninterest income. Average total loans and leases increased approximately 42% year over year, reflecting the additions from Veritex and Cadence. Reported net interest Margin was 3.21%, while return on average common Equity was 9.3% and adjusted ROTCE was 17.5%.

Integration Phase Gives Way to Synergy Extraction

Huntington completed the final major Cadence systems conversion in June, following the February 1, 2026 Cadence acquisition and the October 2025 Veritex acquisition. Management said early revenue synergies were already emerging in Cadence markets, with approximately $435 million of annualized cost synergies expected by 2027, including $365 million associated with Cadence and $70 million from Veritex. The bank is now shifting its focus from integration execution toward extracting the full economic benefits of the enlarged franchise.

Outlook

Huntington's dividend has remained at $0.155 per share through the completed Cadence integration. Metrics relevant to the payout's context going forward include the pace of realized cost and revenue synergies against the $435 million 2027 target, organic Loan and deposit growth separate from acquisition-driven balance-sheet expansion, and Credit quality across the enlarged franchise.