Huntington Bancshares (NASDAQ:HBAN) Updates FY 2026 Earnings Guidance

Huntington Bancshares (NASDAQ:HBAN) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.900-1.930 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts have recently commented on HBAN shares. Morgan Stanley reissued an “equal weight” rating and issued a $19.00 target price (down from $21.00) on shares of Huntington Bancshares in a research note on Friday. Royal Bank Of Canada upped their price target on shares of Huntington Bancshares from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Barclays cut shares of Huntington Bancshares from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Wolfe Research cut their price objective on Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. boosted their price objective on Huntington Bancshares from $18.50 to $19.50 and gave the stock an “overweight” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $20.14.

Huntington Bancshares Price Performance

Shares of NASDAQ HBAN opened at $17.40 on Friday. Huntington Bancshares has a fifty-two week low of $14.89 and a fifty-two week high of $19.45. The business has a 50 day moving average price of $17.09 and a two-hundred day moving average price of $16.93. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.73. The firm has a market cap of $35.27 billion, a PE ratio of 13.38, a price-to-earnings-growth ratio of 0.82 and a beta of 0.93.

Huntington Bancshares (NASDAQ:HBAN) last announced its earnings results on Thursday, July 23rd. The bank reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.84 billion. Huntington Bancshares had a return on equity of 11.42% and a net margin of 16.63%.During the same period in the prior year, the company posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Sell-side analysts expect that Huntington Bancshares will post 1.62 earnings per share for the current fiscal year.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 17th will be issued a $0.155 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.62 annualized dividend and a yield of 3.6%. Huntington Bancshares’s dividend payout ratio is currently 47.69%.

Insiders Place Their Bets

In other news, EVP Marcy C. Hingst sold 10,568 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $190,224.00. Following the sale, the executive vice president owned 267,859 shares in the company, valued at approximately $4,821,462. This represents a 3.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Rollins III sold 223,522 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $17.35, for a total transaction of $3,878,106.70. Following the transaction, the director directly owned 612,155 shares in the company, valued at $10,620,889.25. The trade was a 26.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have acquired a total of 33,500 shares of company stock worth $617,542 over the last quarter. 0.67% of the stock is currently owned by insiders.

Huntington Bancshares News Summary

Here are the key news stories impacting Huntington Bancshares this week:

• Positive Sentiment: Robert W. Baird raised its price target on Huntington Bancshares to $21 from $20 and reiterated an outperform rating, signaling confidence in further upside. Robert W. Baird raises HBAN price target
• Positive Sentiment: The company’s Q2 report showed earnings and revenue roughly in line to slightly above expectations, with stronger year-over-year profitability and improved business momentum. Huntington Bancshares Q2 earnings release
• Positive Sentiment: Management reaffirmed FY 2026 EPS guidance of $1.90-$1.93, suggesting confidence that earnings can continue to grow. HBAN guidance coverage
• Neutral Sentiment: Morgan Stanley kept an equal weight rating but cut its price target to $19 from $21, reflecting a more cautious view even as it still implies modest upside. Morgan Stanley price target update
• Neutral Sentiment: The board also declared a quarterly dividend of $0.155 per share, reinforcing the stock’s income appeal for shareholders. HBAN dividend announcement

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HBAN. Empowered Funds LLC raised its position in shares of Huntington Bancshares by 5.0% during the 1st quarter. Empowered Funds LLC now owns 28,888 shares of the bank’s stock valued at $434,000 after acquiring an additional 1,366 shares in the last quarter. Woodline Partners LP boosted its holdings in Huntington Bancshares by 40.8% in the first quarter. Woodline Partners LP now owns 122,821 shares of the bank’s stock worth $1,844,000 after purchasing an additional 35,574 shares during the period. Brown Advisory Inc. boosted its holdings in Huntington Bancshares by 8.3% in the second quarter. Brown Advisory Inc. now owns 39,490 shares of the bank’s stock worth $662,000 after purchasing an additional 3,023 shares during the period. Daiwa Securities Group Inc. increased its stake in Huntington Bancshares by 6.2% during the second quarter. Daiwa Securities Group Inc. now owns 219,185 shares of the bank’s stock valued at $3,674,000 after purchasing an additional 12,865 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Huntington Bancshares by 6.2% during the second quarter. Sei Investments Co. now owns 707,605 shares of the bank’s stock valued at $11,859,000 after purchasing an additional 41,156 shares during the last quarter. Institutional investors own 80.72% of the company’s stock.

About Huntington Bancshares

Huntington Bancshares Incorporated (NASDAQ: HBAN) is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.

Huntington’s product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.