Huntington Bancshares Incorporated · NASDAQ:HBAN
Huntington Bancshares — 2026 Morgan Stanley US Financials Conference
19 slides from Huntington Bancshares's conference presentation, Jun 9, 2026
Slide 1: 2026 Morgan Stanley US Financials Conference
2026 Morgan Stanley US Financials Conference Welcome. The Huntington National Bank is Member FDIC. Huntington, Huntington Bank, and the June 9, 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: 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 4: How we win
How we win Focusing on being an indispensable partner for our customers through experiences and relationships to drive differentiation and expand customer base We build longstanding, deep and multi- We earn trust by being consistent and dependable dimensional customer relationships through economic
Slide 5: Purpose leads. Awards follow.
Purpose leads. Awards follow. CONSUMER BUSINESS CAPITAL COLLEAGUES & DIGITAL BANKING MARKETS & CULTURE Best Mobile Banking App & Best Bank Award 4 Winner: 2025 Strategic M&A Website Experience for 15 Categories including: Deal of the Year Great Place To Work® Customer Satisfaction Best Bank for Trus
Slide 6: Key Messages
Key Messages 1 Differentiated super regional bank model with multiple growth engines 2 Focused execution generating powerful organic growth 3 Disciplined partner integration driving cost and revenue synergies 4 Powering robust earnings, ROTCE, and TBV growth 2026 Morgan Stanley US Financials Confere
Slide 7: Commercial Bank | National Scope and Capabilities
Commercial Bank | National Scope and Capabilities Loans Deposits Leading Scale1 $ 84 B $61B 45% of total 27% of total FY25 Organic Growth Client Relationships Served Nationally Expertise ADB Loans 2 : +10% Asset & Equipment Finance - #3 Bank in New Business Volume 3 - Commercial & Industrial - Corpo
Slide 8: Differentiated Local Delivery Model
Differentiated Local Delivery Model National Commercial Capabilities Consumer & SMB Banking Capabilities Digital Branch/ATM Wealth Card/Payments Auto & RV/Marine Mortgage Treasury/Merchant Insurance SBA Full Scope of Capabilities Delivered Locally in 21 Regions Go -to-market approach customized for
Slide 9: Driving Increasing Fee Income
Driving Increasing Fee Income Noninterest Income By Category +11% CAGR Across 3 Strategic Segments Total Noninterest $2,175 Income Capital Markets: 18% CAGR 2 $2,040 • Supporting commercial banking activities $1,921 $366 All Other 1 • Deepening Capstone capabilities & expertise $395 • Leveraging pla
Slide 10: Recent Partner Integrations: Veritex Completed, Cadence On-Track
Recent Partner Integrations: Veritex Completed, Cadence On-Track Talent Retention and Colleague Decisions Completed 3Q25 Completed 4Q25 Legal Day 1 Closed Oct. 2025 Closed Feb. 2026 Systems Conversions Converted Jan. 2026 Expected mid - June 2026 Cost Synergies Expect $435M run -rate by 2027 $70M by
Slide 11: Expense Synergies On Track to Meet or Exceed Plan
Expense Synergies On Track to Meet or Exceed Plan Progress on Execution Expense Synergy Trajectory ($M) Annualized Run – Rate Synergies VBTX $435M Expected run-rate by 2027 CADE VBTX $70M | Expected run-rate by 2Q26 $435 CADE $365M | Expected run-rate by 4Q26 $70 VBTX | Synergy actions executed; $36
Slide 12: Revenue Synergies to Accelerate, Enhancing Future Profitability
Revenue Synergies to Accelerate, Enhancing Future Profitability Opportunities Revenue Synergy Trajectory Deposit Mix and Cost Optimization >$500M cumulative • Short term opportunity to reduce higher cost wholesale funding expected over 3 years • Long term opportunity on deposit beta and acquisition
Slide 13: Model Drives Meaningful Shareholder Value Creation
Model Drives Meaningful Shareholder Value Creation Robust Earnings Growth Top Quartile ROTCE Building Tangible Book Value $1.90 - FY25 FY27E 1.93 Peer 1 Peer 1 Peer 2 Peer 2 $1.45 1 Peer 3 18-19% Peer 4 $1.45 1 Adj. $0.06 Peer 3 Peer 5 Peer 4 16.4%1 Peer 5 $9.89 1 EPS Peer 6 Peer 6 $1.39 GAAP Peer 7
Slide 14: Flywheel for Value Creation
Flywheel for Value Creation Differentiated Operating Model Sustainable Strong Revenue Competitive Growth and Advantage Profitability Expanding Investment Capacity 2026 Morgan Stanley US Financials Conference 14
Slide 15: Appendix
Appendix 2026 Morgan Stanley US Financials Conference 15
Slide 16: Non-GAAP Reconciliation
Non-GAAP Reconciliation Adjusted Noninterest Income and Expense, Efficiency Ratio Efficiency Ratio ($ in millions) – Pre-tax 2Q25 3Q25 4Q25 1Q26 Noninterest expense (GAAP) $1,197 $1,246 $1,420 $1,774 Less: intangible amortization 11 11 13 41 Noninterest expense less amortization of intangibles A $1,
Slide 17: Non-GAAP Reconciliation
Non-GAAP Reconciliation Pre-Provision Net Revenue (PPNR), Earnings Per Share (EPS) ($ in millions) FY25 Total revenue (GAAP) $8,166 FTE adjustment 65 Total revenue (FTE) A 8,231 Less: Gain on sale of a portion of corporate trust and custody business 24 Less: Net gain / (loss) on securities (58) Less
Slide 18: Non-GAAP Reconciliation
Non-GAAP Reconciliation Average Tangible Common Equity, ROTCE ($ in millions) FY25 Average common shareholders’ equity $19,241 Less: intangible assets and goodwill 5,740 Add: net tax effect of intangible assets 19 Average tangible common shareholders’ equity A $13,520 Net income available to common
Slide 19: Non-GAAP Reconciliation
Non-GAAP Reconciliation Tangible common equity ratio, Tangible book value per share Tangible Common Equity Ratio ($ in millions) 4Q24 1Q25 2Q25 3Q25 4Q25 Huntington shareholders’ equity $19,740 $20,434 $20,928 $22,248 $24,342 Less: preferred stock 1,989 1,989 1,989 2,731 2,731 Common shareholders’ e
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