Huntington Bancshares, Inc.

**Strong Financial Performance**: Huntington Bancshares reported a solid third quarter with earnings per common share of $0.33 and return on tangible common equity (ROTCE) of 16.2%. Pre-provision net revenue (PPNR) rose 8.3% quarter-over-quarter, driven by a 2.9% increase in net interest income and a 6.5% increase in fee revenues. Year-over-year, average loan balances grew by 3.1% and average deposits increased by 5.6%, reflecting strong underlying business fundamentals.

**Positive Loan and Deposit Growth Outlook**: The bank is experiencing accelerated loan growth, with end-of-period loans increasing at a 6.3% annualized rate. For Q4, the expectation is for loan growth to continue at around 4-5% year-over-year. Average deposit growth also remains robust, with an expectation of similar growth rates in Q4. This positions the bank favorably for future profitability.

**Net Interest Income Forecast**: The bank anticipates net interest income for Q4 will be flat to slightly lower compared to Q3 due to timing differences between the repricing of floating rate loans and declining deposit costs. However, the forecast for 2025 suggests record net interest income levels driven by increased loan growth and NIM improvements, with expectations for NIM to rise above 3% in the second half of 2025.