Huntington Bancshares (HBAN) Tax Rate (2009 - 2026)
Huntington Bancshares' (HBAN) quarterly Tax Rate came in at 18.42% in Q2 2026, up 337.0% year-over-year from 4.21% in Q2 2025, and up 3.54% quarter-over-quarter from 17.78% in Q1 2026.
Analysis
Huntington Bancshares (HBAN) Tax Rate (2009 - 2026) Analysis & Trends
Huntington Bancshares (HBAN) has reported Tax Rate for 18 consecutive years, with 18.42% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 337.0% year-over-year to 18.42% in Q2 2026; TTM through Jun 2026 was 17.72%, a 33.0% decrease from a year earlier, with the FY2025 full-year figure at 17.08%, down 136.0% from the prior year.
- Tax Rate was 18.42% for Q2 2026 at Huntington Bancshares, up from 17.78% in the prior quarter.
- Over five years, Tax Rate peaked at 20.18% in Q4 2024 and troughed at 0.4% in Q4 2023.
- A 5-year average of 17.22% and a median of 18.17% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 141815 bps in 2022 and slumped 1856 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 18.16% in 2022, then slumped by 102 bps to 0.4% in 2023, then jumped by 5084 bps to 20.18% in 2024, then dropped by 15 bps to 17.12% in 2025, then rose by 8 bps to 18.42% in 2026.
- The last three Tax Rate figures came in at 18.42% (Q2 2026), 17.78% (Q1 2026), and 17.12% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -7.93% |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 14.44% |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 22.68% |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 23.05% |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 18.42% |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 22.25% |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 20.61% |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 21.48% |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 24.58% |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | 22.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.42% |
| Mar 31, 2026 | 17.78% |
| Dec 31, 2025 | 17.12% |
| Sep 30, 2025 | 17.36% |
| Jun 30, 2025 | 15.05% |
| Mar 31, 2025 | 18.68% |
| Dec 31, 2024 | 20.18% |
| Sep 30, 2024 | 18.18% |
| Jun 30, 2024 | 18.09% |
| Mar 31, 2024 | 16.86% |
| Dec 31, 2023 | -0.40% |
| Sep 30, 2023 | 19.77% |
| Jun 30, 2023 | 19.17% |
| Mar 31, 2023 | 19.20% |
| Dec 31, 2022 | 18.16% |
| Sep 30, 2022 | 19.65% |
| Jun 30, 2022 | 18.15% |
| Mar 31, 2022 | 18.52% |
| Dec 31, 2021 | 17.96% |
| Sep 30, 2021 | 19.23% |