Huntington Bancshares Incorporated (HBAN) To Go Ex-Dividend on September 17th

Huntington Bancshares Incorporated (NASDAQ:HBAN) declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, September 17th will be given a dividend of 0.155 per share by the bank on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, September 17th.

Huntington Bancshares has increased its dividend payment by an average of 0.0%annually over the last three years. Huntington Bancshares has a payout ratio of 39.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Huntington Bancshares to earn $1.90 per share next year, which means the company should continue to be able to cover its $0.62 annual dividend with an expected future payout ratio of 32.6%.

Huntington Bancshares Price Performance

NASDAQ HBAN opened at $16.77 on Tuesday. The company has a 50-day moving average price of $17.39 and a two-hundred day moving average price of $16.74. Huntington Bancshares has a 52 week low of $14.89 and a 52 week high of $19.45. The stock has a market cap of $33.88 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 0.92 and a beta of 0.92. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63.

Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings results on Thursday, July 23rd. The bank reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.84 billion. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%.During the same quarter in the previous year, the company posted $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Analysts forecast that Huntington Bancshares will post 1.61 EPS for the current year.

About Huntington Bancshares

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses, institutions and government entities.

The company offers consumer and commercial deposit accounts, lending products, mortgage banking, wealth management, investment services, insurance, payment solutions and treasury management. Its lending activities include residential mortgages, auto loans, consumer credit, small-business financing and commercial loans.

Founded in 1866, Huntington serves customers through branches, digital banking channels and business offices across the Midwest and other selected markets.