Huntington Bancshares Incorporated · NASDAQ:HBAN
Huntington Bancshares — 2026 Barclays Global Financial Services Conference
19 slides from Huntington Bancshares's conference presentation, Sep 16, 2026
Slide 1: 2026 Barclays Global Financial Services Conference
2026 Barclays Global Financial Services Conference Welcome. The Huntington National Bank is Member FDIC. Huntington, Huntington Bank, and the September 16, 2026 Huntington Brandmark are service marks of Huntington Bancshares Incorporated. ©2026 Huntington Bancshares Incorporated.
Slide 2: Disclaimer
Disclaimer Caution Regarding Forward -Looking Statements The information contained or incorporated by reference in this presentation contains certain forward -looking statements, includi ng, but not limited to, certain plans, expectations, goals, projections, and statements, which are not historical
Slide 3: Key Messages
Key Messages Strategically well-positioned national franchise with substantial scale in 1 high growth markets and value-added fee businesses Disciplined execution driving solid performance in an evolving 2 operating environment 3 Partner synergies tracking at or ahead of expectations 4 Will deliver
Slide 4: Proud 160 year history. Accelerating into the future.
Proud 160 year history. Accelerating into the future. Vision To Be the Leading People - First, Customer - Centered Bank in the Country Super Regional Bank Positioned for Strong Secular Growth Powerhouse Comprehensive Set of Consumer and Payments Solutions Regional Banking Franchise in 21 States Full
Slide 5: Over A Decade of Transformation | 2015 to 2026
Over A Decade of Transformation | 2015 to 2026 2015 2026 NARROW GEOGRAPHY EXPANDED GEOGRAPHY & SUBSTANTIAL SCALE • Loans 1: $50B • Loans 2 : $189B • Deposits 1: $55B • Deposits 2 : $222B • Strong market share in average - growth • Midwest leadership and scale in high - growth Midwest (7 states) Texa
Slide 6: Transformed Operating Platform Driving Peer-Leading Organic Growth
Transformed Operating Platform Driving Peer-Leading Organic Growth Average Loan Growth CAGR (4Q24 - 2Q26) 2 Investment in Durable +7.6% Growth Engines - Commercial Verticals: +$9B - Regional Banking : +$2.7B • Scaling Commercial Verticals +3.1% - Vehicle Finance: +$1.6B including: - Funds Finance -
Slide 7: Investments in Value-Added Services Are Driving Robust Fee Growth
Investments in Value-Added Services Are Driving Robust Fee Growth Expanding Value-Added Noninterest Income Organic Performance 2 Services through targeted investments Capital Markets $2,677 Total Noninterest Income • Building Capital Markets - 30% CAGR 3 capabilities across: $568 All Other 1 - 70%+
Slide 8: Partner Synergies Tracking at or Better Than Expectations
Partner Synergies Tracking at or Better Than Expectations Cost Synergies Ahead of Schedule Revenue Synergies Tracking Better Than Forecasted $ in Millions Annualized Run Rates $ in Millions Cadence Original Expectations CADE $365M Veritex Current Outlook Run-rate by 4Q26 $435 >$350 >$300 VBTX $70M $
Slide 9: Execution Remains Strong as the Operating Environment Has Evolved
Execution Remains Strong as the Operating Environment Has Evolved FY2026 Expectations as of January Current FY2026 Outlook Balance Sheet Growth Balance Sheet Growth On - Track • 36-37% Loan Growth ✓ ~36% Loan Growth • 33-34% Deposit Growth ✓ ~33% Deposit Growth Strong Fee Income Growth Accelerating
Slide 10: Deposit Pricing | Higher for Longer Rate and Competitive Dynamics Pressuring Costs
Deposit Pricing | Higher for Longer Rate and Competitive Dynamics Pressuring Costs Market-Implied Fed Funds1 Path Has Shifted Sharply Higher… Industry Deposit Competition Has Intensified2 Rate Path 3.9% as of Jan-26 YoY Deposit Growth (%) as of Aug 26 6.3% 3.6% 5.1% 3.6% Up 4.1% 30bps 3.1% 2.2% 2.7%
Slide 11: Loan Yields and Volumes | Impacted by Similar Dynamics
Loan Yields and Volumes | Impacted by Similar Dynamics Bank and private credit competitors leaning into Industry loan growth is accelerating 1 CRE, accelerating run - off YoY Loan Growth (%) 7.0% 7.4% $24.3 $23.5 5.7% 4.3% CRE as % of 3.3% 12.9% 12.4% Total Loans 2.1% 1.3% CRE Loans 1Q26 2Q26 4Q26E
Slide 12: Why Are We Updating Guidance Now?
Why Are We Updating Guidance Now? Management Actions Year to Date Challenges Subsequent to 2Q Earnings In response to the evolving rate & competitive Two factors drove incremental pressure environment, we undertook these actions: to loan growth and NII expectations • Optimized balance sheet • Lower
Slide 13: Aligning Near-Term Financial Targets with Long Term Strategic Priorities
Aligning Near-Term Financial Targets with Long Term Strategic Priorities Revised FY27 EPS Target Range $1.75 $1.83 Assumptions ~6% Loan Growth 7 - 8% Low - mid 3.20s Net Interest Margin Mid- high 3.20s High - single Digit Fee Income Growth Low - double Digit ≥ 300bps Operating Leverage ~400 - 500bps
Slide 14: Strong Earnings Growth, ROTCE and Capital Return Create Substantial Value
Strong Earnings Growth, ROTCE and Capital Return Create Substantial Value Robust Earnings Growth Improving Return Profile Strong Capital Management TBV Per Share ROTCE 17 - 18% $1.75 - 1.83 16.4% 1 ~17% $9.89 1 $1.52 - 1.54 0.4% $1.45 1 Adj. $0.06 Adj. FY25 FY26E FY27E Share Buyback Program ROTCE 16
Slide 15: Flywheel for Value Creation
Flywheel for Value Creation Differentiated Operating Model Strong Sustainable Revenue Competitive Growth and Advantage Profitability Expanding Investment Capacity 2026 Barclays Conference 15
Slide 16: Appendix
Appendix 2026 Barclays Conference 16
Slide 17: FY26 Guidance
FY26 Guidance Outlook Previous Revised Net Interest Income 39-43% ~35% FY25 Baseline = $6.056 billion Average Loans 36-37% ~36% FY25 Baseline = $136.7 billion Average Deposits 33-34% ~33% FY25 Baseline = $165.8 billion Noninterest Income (ex Gain/Loss on sale of securities) 31-33% ~32% Non -GAAP FY2
Slide 18: Non-GAAP Reconciliation: Earnings Per Share (EPS), Tangible Book Value (TBV)
Non-GAAP Reconciliation Earnings Per Share (EPS), Tangible Book Value (TBV) ($ in millions, except per share amounts) FY25 Earnings Per Share (GAAP), diluted $1.39 Add: Notable Items, after -tax $91 0.06 Adjusted Earnings Per Share (Non -GAAP) $1.45 TBV per Share ($ in millions) 4Q25 1Q26 2Q26 Hunti
Slide 19: Non-GAAP Reconciliation: Return on Average Tangible Common Equity, ROTCE
Non-GAAP Reconciliation Return on Average Tangible Common Equity, ROTCE LTM LTM LTM LTM ($ in millions) LTM 1Q26 FY25 2Q25 3Q25 4Q25 2Q26 Average common shareholders’ equity $18,065 $18,438 $19,241 $21,470 $24,242 $19,241 Less: intangible assets and goodwill 5,657 5,645 5,741 6,609 7,813 5,741 Add:
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