Huntington Bancshares (NASDAQ:HBAN) Updates FY 2027 Earnings Guidance

Huntington Bancshares (NASDAQ:HBAN) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.750-1.830 for the period, compared to the consensus EPS estimate of 1.880. The company issued revenue guidance of -. Huntington Bancshares also updated its FY 2026 guidance to 1.520-1.540 EPS.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Evercore reaffirmed an “outperform” rating and set a $21.00 price objective on shares of Huntington Bancshares in a research note on Monday, July 6th. Jefferies Financial Group set a $18.00 target price on Huntington Bancshares in a research note on Thursday, July 23rd. Wells Fargo & Company lowered their price target on Huntington Bancshares from $23.00 to $21.00 and set an “overweight” rating for the company in a report on Wednesday. Morgan Stanley reaffirmed an “equal weight” rating and set a $19.00 price target (down from $21.00) on shares of Huntington Bancshares in a research report on Friday, July 24th. Finally, Weiss Ratings upgraded Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Huntington Bancshares presently has a consensus rating of “Moderate Buy” and an average target price of $20.15.

Huntington Bancshares Stock Down 5.6%

Shares of HBAN stock opened at $15.82 on Thursday. 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 has a 1 year low of $14.89 and a 1 year high of $19.45. The firm’s fifty day moving average price is $17.33 and its two-hundred day moving average price is $16.72. The firm has a market capitalization of $31.96 billion, a P/E ratio of 12.26, a PEG ratio of 0.91 and a beta of 0.92.

Huntington Bancshares (NASDAQ:HBAN) last posted its quarterly earnings data on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.84 billion. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. During the same period in the prior year, the business posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, equities analysts predict that Huntington Bancshares will post 1.61 EPS for the current fiscal year.

Huntington Bancshares Announces Dividend

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 given a dividend of $0.155 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.62 annualized dividend and a yield of 3.9%. Huntington Bancshares’s dividend payout ratio is 48.06%.

Insider Buying and Selling

In other news, insider Kendall A. Kowalski sold 27,971 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $17.20, for a total value of $481,101.20. Following the completion of the sale, the insider owned 70,025 shares of the company’s stock, valued at approximately $1,204,430. This represents a 28.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Marcy C. Hingst sold 10,568 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $190,224.00. Following the completion of the transaction, the executive vice president directly owned 267,859 shares of the company’s stock, valued at $4,821,462. This represents a 3.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.67% of the stock is owned by company insiders.

Key Stories Impacting Huntington Bancshares

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

• Positive Sentiment: Huntington raised its prime rate from 6.75% to 7.00%. Higher lending rates could support net interest income, although the benefit may depend on funding costs and loan demand. Huntington Bancshares increases prime rate
• Positive Sentiment: Wells Fargo lowered its price target to $21 from $23 but maintained an “overweight” rating, implying substantial upside from the stock’s recent trading level. The target reduction reflects more cautious expectations, but the bullish rating signals continued confidence in Huntington’s longer-term prospects.
• Neutral Sentiment: Huntington presented at the Barclays 24th Annual Global Financial Services Conference, giving investors additional insight into its strategy and financial outlook. Huntington Bancshares Barclays conference presentation
• Negative Sentiment: The bank reduced fiscal 2026 EPS guidance to $1.52–$1.54, below the $1.60 consensus estimate, and issued fiscal 2027 EPS guidance of $1.75–$1.83, also below the $1.88 consensus. The cuts raise concerns about slower earnings growth and were the main pressure on the stock. Huntington Bancshares shares fall after lower guidance
• Negative Sentiment: Options activity was unusually bearish, with traders purchasing 6,134 put options—more than double the typical daily volume—indicating increased demand for downside protection or speculative bets against HBAN.

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.