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Huntington Bancshares (HBAN) grows 34% revenue as Cadence, Veritex deals lift scale
Huntington Bancshares reported Q1 2026 net income of $523 million, or $0.25 per diluted share, a slight decrease from the prior year due to significant acquisition-related costs that offset strong revenue growth. The bank’s total revenue increased 34% to $2.6 billion, driven by the Cadence and Veritex acquisitions and organic growth. Despite integration expenses, Huntington maintained robust capital and credit metrics, with total assets reaching $285.4 billion.