Huntington Bancshares Incorporated (HBAN) Income Statement
HBAN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHBAN revenue and net income
Where HBAN's revenue goes
2025Each bar shows an amount and its share of revenue. HBAN kept 17.7% of revenue as net income.
HBAN profit margins
HBAN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.4% | +16.2% | +19.0% | +14.8% |
| Gross profit | +10.6% | +3.4% | +15.4% | +10.3% |
| Operating income | +11.9% | −0.9% | +22.6% | +11.4% |
| Net income | +14.0% | −0.4% | +22.0% | +12.3% |
| EPS (diluted) | +19.7% | 0.0% | +15.8% | +5.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HBAN quarterly EPS vs estimates
Huntington Bancshares beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.38).
HBAN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.48B | $11.96B | $10.78B | $7.95B | $6.08B | $5.24B | $5.66B | $5.27B | $4.74B | $3.78B |
| Cost of revenue | $4.78B | $5.00B | $3.88B | $985.0M | $114.0M | $1.47B | $1.27B | $995.0M | $632.0M | $454.0M |
| Gross profit | $7.70B | $6.96B | $6.90B | $6.96B | $5.97B | $3.77B | $4.38B | $4.28B | $4.11B | $3.33B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $3.50B | $2.93B | $2.95B | $2.56B | $2.48B | $1.76B | $1.73B | $1.68B | $1.66B | $1.47B |
| Total operating expenses | $5.01B | $4.56B | $4.52B | $4.20B | $4.38B | $2.79B | $2.72B | $2.65B | $2.71B | $2.41B |
| Operating income | $2.69B | $2.40B | $2.38B | $2.76B | $1.59B | $972.0M | $1.66B | $1.63B | $1.39B | $920.0M |
| Interest income | $10.31B | $9.92B | $8.42B | $5.97B | $4.19B | $3.65B | $4.20B | $3.95B | $3.43B | $2.63B |
| Interest expense | $4.32B | $4.58B | $3.48B | $696.0M | $89.0M | $423.0M | $988.0M | $760.0M | $431.0M | $263.0M |
| Income before taxes | $2.69B | $2.40B | $2.38B | $2.76B | $1.59B | $972.0M | $1.66B | $1.63B | $1.39B | $920.0M |
| Income taxes | $459.0M | $443.0M | $413.0M | $515.0M | $294.0M | $155.0M | $248.0M | $235.0M | $208.0M | $208.0M |
| Net income | $2.21B | $1.94B | $1.95B | $2.24B | $1.29B | $817.0M | $1.41B | $1.39B | $1.19B | $712.0M |
| EBITDA | $3.45B | $3.02B | $3.18B | $3.25B | $1.98B | $1.34B | $2.04B | $2.12B | $1.81B | $1.30B |
| EPS (diluted) | $1.46 | $1.22 | $1.25 | $1.46 | $1.01 | $0.70 | $1.30 | $1.20 | $1.05 | $0.80 |
| Gross margin | 61.7% | 58.2% | 64.0% | 87.6% | 98.1% | 71.9% | 77.5% | 81.1% | 86.7% | 88.0% |
| Operating margin | 21.5% | 20.1% | 22.1% | 34.8% | 26.2% | 18.6% | 29.3% | 30.9% | 29.4% | 24.3% |
| Net margin | 17.7% | 16.2% | 18.1% | 28.2% | 21.3% | 15.6% | 25.0% | 26.4% | 25.0% | 18.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.17B | $3.77B | $3.25B | $3.23B | $3.03B | $2.98B | $3.07B | $3.08B | $2.97B | $2.85B | $2.75B | $2.82B |
| Cost of revenue | $1.46B | $1.35B | $1.20B | $1.22B | $1.19B | $1.18B | $1.22B | $1.31B | $1.26B | $1.20B | $1.16B | $1.04B |
| Gross profit | $2.71B | $2.42B | $2.05B | $2.01B | $1.83B | $1.80B | $1.85B | $1.77B | $1.70B | $1.65B | $1.59B | $1.78B |
| Sales, general & admin | $1.59B | $961.0M | $968.0M | $188.0M | $770.0M | $737.0M | $763.0M | $732.0M | $715.0M | $721.0M | $908.0M | $676.0M |
| Total operating expenses | $1.81B | $1.77B | $1.42B | $1.25B | $1.20B | $1.15B | $1.18B | $1.13B | $1.12B | $1.14B | $1.35B | $1.09B |
| Operating income | $896.0M | $641.0M | $631.0M | $766.0M | $638.0M | $653.0M | $669.0M | $638.0M | $586.0M | $510.0M | $247.0M | $688.0M |
| Interest income | $3.38B | $3.09B | $2.67B | $2.60B | $2.56B | $2.49B | $2.51B | $2.56B | $2.48B | $2.38B | $2.35B | $2.31B |
| Interest expense | $1.33B | $1.20B | $1.07B | $1.09B | $1.09B | $1.06B | $1.11B | $1.20B | $1.16B | $1.09B | $1.03B | $945.0M |
| Income before taxes | $896.0M | $641.0M | $631.0M | $766.0M | $638.0M | $653.0M | $669.0M | $638.0M | $586.0M | $510.0M | $247.0M | $688.0M |
| Income taxes | $165.0M | $114.0M | $108.0M | $133.0M | $96.0M | $122.0M | $135.0M | $116.0M | $106.0M | $86.0M | −$1.0M | $136.0M |
| Net income | $727.0M | $523.0M | $519.0M | $629.0M | $536.0M | $527.0M | $530.0M | $517.0M | $474.0M | $419.0M | $243.0M | $547.0M |
| EBITDA | $1.09B | $832.0M | $821.0M | $941.0M | $826.0M | $862.0M | $799.0M | $770.0M | $756.0M | $700.0M | $487.0M | $902.0M |
| EPS (diluted) | $0.39 | $0.37 | $0.37 | $0.40 | $0.35 | $0.34 | $0.33 | $0.33 | $0.30 | $0.26 | $0.15 | $0.36 |
| Gross margin | 64.9% | 64.1% | 63.2% | 62.3% | 60.6% | 60.5% | 60.2% | 57.4% | 57.4% | 57.9% | 57.9% | 63.0% |
| Operating margin | 21.5% | 17.0% | 19.4% | 23.7% | 21.1% | 21.9% | 21.8% | 20.7% | 19.8% | 17.9% | 9.0% | 24.4% |
| Net margin | 17.4% | 13.9% | 16.0% | 19.5% | 17.7% | 17.7% | 17.3% | 16.8% | 16.0% | 14.7% | 8.8% | 19.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HBAN's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HBAN financial results
In fiscal year 2025 (ended December 31, 2025), Huntington Bancshares reported revenue of $12.5 billion, up 4.4% from the year before. It had net income of $2.2 billion (up 14.0%), a net profit margin of 17.7%. Diluted earnings per share came to $1.46. Over five years revenue grew at an average rate of 19.0% a year.
See the HBAN stock overview for the latest quote and news, or the HBAN chart for price history and technical indicators.
HBAN income statement FAQ
What is Huntington Bancshares's annual revenue?
Huntington Bancshares reported total revenue of $12.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.4% from $12.0 billion the previous year.
Is Huntington Bancshares profitable?
Yes. Huntington Bancshares reported net income of $2.2 billion in fiscal 2025, a net profit margin of 17.7%; its operating margin was 21.5%.
What is Huntington Bancshares's gross margin?
Huntington Bancshares's gross margin was 61.7% in fiscal 2025: for every $100 of revenue, Huntington Bancshares kept $62 after the direct cost of its products and services.
How fast is Huntington Bancshares growing?
Revenue grew 19.0% a year on average over the last five fiscal years, from $5.2 billion to $12.5 billion.
What are Huntington Bancshares's earnings per share?
Huntington Bancshares earned $1.46 per diluted share in fiscal 2025, compared with $1.22 a year earlier.
When will Huntington Bancshares report its next earnings?
Huntington Bancshares is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 before the market opens.
When does Huntington Bancshares's fiscal year end?
Huntington Bancshares's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 13, 2026.