Huntington Bancshares Incorporated

Greetings and welcome to the Huntington Bancshares second quarter 2026 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Eric Wasserman.

Thank you, operator. Good morning and welcome everyone to our second quarter call. Our presenters today are Steve Steinour, Chairman, President, and CEO, Brant Standridge, President of Consumer and Regional Banking, and Zach Wasserman, Chief Financial Officer. Brendan Lawler, Chief Credit Officer, will join us for Q&A. Earnings documents, which include our forward-looking statements, disclaimer, and non-gap information, and copies of the slides we will be reviewing today, are available on the Investor Relations section of our website, which is www.ir.huntington.com. As a reminder, this call is being recorded and a replay will be available starting about one hour after the close of the call. With that, let me now turn it over to Steve. Thanks, Eric.

Good morning and thank you for joining us. Starting on slide three, we delivered an exceptional quarter marked by strong organic growth, expanding revenue and profitability, and the successful completion of the cadence systems conversion. We achieved these results while continuing to invest in our businesses, These accomplishments reflect exceptional preparation, coordination, and execution from thousands of colleagues. And I want to thank our colleagues for their tremendous work. They managed a complex conversion while continuing to serve customers, generate growth, and deliver another strong quarter. The operating environment remains constructive. Visibility on economic trends has improved since last quarter, Customer activity remains steady across our footprint and commercial demand is broad-based. Our clients continue to take a long-term approach to investment decisions. Huntington is now at an inflection point. Our core businesses are performing at a high level, our conversions are complete, and we are positioned to capture the benefits of our investments as well as the recent partnerships and expanded footprint. We continue to view Texas and the South as a springboard to significant future growth now and for the long term. We have a terrific team of new leaders and colleagues who are excited about the opportunities ahead and are already delivering additional revenue. We are laser focused on the continuing integration of our colleagues and working together as one team on behalf of our customers and shareholders. All of these efforts create a clear path toward accelerating organic growth in revenue, earnings, and increasing tangible book value in the years ahead. There are four key messages I'd like to leave you with. First, we have strategically repositioned our company with substantial operating scale across regions and capabilities, creating multiple growth engines for the long term. Second, we are laser focused on generating organic growth and are well positioned to expand across the franchise. Third, we are delivering on our commitments on partner cost and revenue synergies. In fourth, our execution is powering robust long-term value creation. We are growing revenue and earnings, expanding ROTCE, increasing tangible book value, and generating capital that allows us to invest in the franchise while increasing shareholder value. On slide four, our strategy continues to produce leading results reflecting the strength of our core franchise, contributions from our investments and partnerships, and benefits of disciplined execution across the company. The outcomes reinforce our confidence in achieving our 27 ROTCE target of 18 to 19%. Turning to slide five, Core Franchise continues to perform at a very high level. Since 2024, we've delivered peer-leading organic loan and deposit growth while completing two bank combinations and conversions, as well as making substantial progress on the integration work that is expanding our earnings power and long-term growth opportunities. Turning to slide six, our culture remains one of the most important competitive advantages and has been acknowledged through the numerous awards that we've won. While driving the integrations of Veritex and Cadence, we've received several new awards, including United States Best Digital Bank for Consumers by Euromoney, J.D. Power Best Mobile Banking App and Website Experience for Customer Satisfaction, Forbes is the Best Place to Work, and 15 Coalition Greenwich Best Bank Awards, including number one for overall satisfaction, number one for ease of doing business with, and number one for trust. I am very proud of what our colleagues have delivered for our customers and shareholders. With that, I'll now hand it over to Brant to discuss the successful Cadence conversion, which he has led, and the many opportunities ahead as we continue realizing the benefits of the partnerships. Brant, thank you for your outstanding leadership and thank you to our colleagues across Huntington and Cadence. Your dedication, teamwork, and focus on serving customers continues to be outstanding.