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# Huntington Bancshares Reports Q4 2024 Net Income of $530 Million and Record Quarterly Fee Income
- URL: https://www.theglobalbanker.com/huntington-bancshares-q4-2024-net-income-530-million-record-fee-income/
- Published: 2025-01-17T13:54:00.000Z
- Updated: 2026-10-02T14:37:47.000Z
- Description: Huntington Bancshares posted Q4 2024 net income of $530 million and full-year 2024 net income of $1.94 billion, with record fee income and loan growth of $3.7 billion in the quarter.
- Author: TGB Editorial Team
- Tags: Banking News, Americas, #archive

Huntington Bancshares reported fourth-quarter 2024 net income of $530 million, or $0.34 per share, as the Columbus, Ohio-based regional bank capped a full year in which net income reached $1.94 billion. The results, released on 17 January 2025, reflected broad-based growth across the bank's loan, deposit, and fee income lines, with management characterising the fee performance as a record for the institution.

Average loans grew $3.7 billion in the fourth quarter alone, reaching $128.2 billion. Average deposits rose $2.9 billion over the same period, helping to fund the growth in lending. The Common Equity Tier 1 ratio stood at 10.5% at the close of the quarter.

#### FULL-YEAR DEPOSITS AND LOANS

For the full financial year 2024, Huntington's average deposits grew by $7.7 billion. Average loans grew $3.6 billion over the same twelve-month period.