HBAN · Huntington Bancshares Q2 FY2026 earnings call record财报电话会记录

“We onboarded hundreds of thousands of customers to Huntington platforms, converted ATM and ITM locations, completed signage changes across more than 4,000 signs, and provided early customized treasury products, onboarding, and training to over 6,000 high-value commercial customers.”

“For example, our pipelines reflect expanding client commitments by nearly $1 billion across energy, commercial real estate, and our auto floorplan businesses, including more than $500 million of additional commitments in energy and CRE, and approximately $440 million of auto floorplan pipelines.”

“Since closing, we've completed more than 10 transactions with customers in the Cadence footprint, generating approximately $12 million of fees while building a robust pipeline of future opportunities.”

“Value added fee revenues increased 15%, and we generated 210 basis points of positive operating leverage on a trailing 12-month basis.”

“As we move through the back half of the year, we expect the fourth quarter to provide a clear view of the earnings power of the combined organization, supported by continued growth, expense discipline, and synergy realization.”

“Primary banking relationships increased across each of our customer segments, with consumer PBRs growing 4%, business banking PBRs growing 5%, and commercial PBRs growing 8% year-over-year.”

“As noted, these combined actions drove 210 basis points of positive operating leverage over the past year, while we continue to invest across our franchise.”

“We expect to repurchase an additional $1.1 billion-$1.2 billion in 2027.”

“Our underlying earnings power generated 13% tangible book value per share growth before distributions, enabling us to sustain a 3% dividend yield and repurchase $160 million of shares in the quarter.”

“Huntington delivered a top-tier outcome on modeled credit losses with cumulative loan losses of 5.9% of average loans, which is second lowest in our regional peer group and an improvement from 6.1% in the 2024 cycle.”

“Similarly, continued operating leverage, expense discipline, and full synergy capture support further profitability improvement and our expected progression to the 18%-19% ROTCE.”

“By my calculus, it'll imply low teens year-over-year growth in terms of that trended Q4 level into the full year 2027 earnings per share, which is well within the current earnings growth trend we've got.”