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October 28 , 2021 Analysts : Tim Sedabres ( timothy.sedabres@huntington.com ) , 952.745.2766 Media : Allison Gabrys ( allison.gabrys@huntington.com ) , 248.961.3978 ● ● 2021 Third - Quarter Highlights : Earnings per common share ( EPS ) for the quarter were $ 0.22 , a decrease of $ 0.05 year - over - year . Excluding approximately $ 0.13 per common share after tax of TCF Financial Corporation ( TCF ) acquisition - related Notable Items , adjusted earnings per common share were $ 0.35 . ● ● Huntington ● HUNTINGTON BANCSHARES INCORPORATED REPORTS 2021 THIRD - QUARTER EARNINGS Successfully Converted TCF Customers to Huntington Platform ; Delivered Record Revenue Integration activities related to the realization of cost synergies largely completed ; consolidated 188 branches since mid - June ; branch and systems conversions completed in mid - October . Total revenue increased by 32 % from the prior quarter , to a record $ 1.7 billion , driven by the full - quarter benefit from the TCF acquisition , as well as positive underlying trends in targeted fee income areas , particularly in wealth management , capital markets , and card and payments processing . Repurchased $ 500 million of common stock through September 30 ; $ 300 million remaining under share repurchase authorization . Ranked first nationally for SBA 7 ( a ) loan origination by volume for the fourth year in a row for SBA fiscal year 2021 and the 13th year in a row that Huntington has been the largest originator , by volume , of SBA 7 ( a ) loans within footprint . Completed the divestiture of 14 branches linked to the TCF acquisition , which included $ 847 million in deposits and $ 209 million in loans . On October 20 , the Board of Directors declared a half - cent increase to the quarterly common stock dividend , of $ 0.155 per common share , or $ 0.62 on an annualized basis . COLUMBUS , Ohio - Huntington Bancshares Incorporated ( Nasdaq : HBAN ) reported net income for the 2021 third quarter of $ 377 million , an increase of $ 74 million from the year - ago quarter , benefited by lower provision expense but impacted by TCF acquisition - related expenses . Earnings per common share for the 2021 third quarter were $ 0.22 , down $ 0.05 from the year - ago quarter . Excluding approximately $ 0.13 per common share after tax of TCF acquisition - related Notable Items , adjusted earnings per common share were $ 0.35 . Specifically , third - quarter results were negatively impacted by $ 234 million pretax of TCF acquisition - related expenses .