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

Key Points

• Huntington Bancshares lowered its FY 2026 EPS guidance to $1.52–$1.54, below the $1.60 analyst consensus, while issuing FY 2027 EPS guidance of $1.75–$1.83.
• The bank reported quarterly EPS of $0.39, in line with estimates, and revenue of $2.86 billion, slightly above expectations. It also declared a quarterly dividend of $0.155 per share, representing a 3.7% annualized yield.
• Wall Street maintains a “Moderate Buy” consensus rating, with an average price target of $20.24 versus shares opening at $16.75.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.520-1.540 for the period, compared to the consensus estimate of 1.600. The company issued revenue guidance of -. Huntington Bancshares also updated its FY 2027 guidance to 1.750-1.830 EPS.

Huntington Bancshares Stock Down 0.1%

Shares of NASDAQ:HBAN opened at $16.75 on Wednesday. The company has a market capitalization of $33.84 billion, a price-to-earnings ratio of 12.98, a P/E/G ratio of 0.91 and a beta of 0.92. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.92 and a quick ratio of 0.91. The business's 50-day moving average is $17.36 and its 200-day moving average is $16.74. Huntington Bancshares has a 1 year low of $14.89 and a 1 year high of $19.45.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last released its earnings results on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%.The business had revenue of $2.86 billion during the quarter, compared to analysts' expectations of $2.84 billion. During the same quarter last year, the firm posted $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Equities research analysts predict that Huntington Bancshares will post 1.61 earnings per share for the current year.

Huntington Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 17th will be given a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, September 17th. Huntington Bancshares's dividend payout ratio is 48.06%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HBAN shares. Robert W. Baird boosted their target price on Huntington Bancshares from $20.00 to $21.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. Weiss Ratings upgraded Huntington Bancshares from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, July 6th. Wells Fargo & Company started coverage on shares of Huntington Bancshares in a research report on Monday, August 17th. They issued an "overweight" rating and a $23.00 price target for the company. Bank of America restated a "neutral" rating and set a $18.50 price objective (down from $20.00) on shares of Huntington Bancshares in a report on Monday, July 27th. Finally, Truist Financial lifted their price objective on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $20.24.

Insiders Place Their Bets

In other Huntington Bancshares news, insider Kendall A. Kowalski sold 27,971 shares of Huntington Bancshares stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $17.20, for a total value of $481,101.20. Following the sale, the insider owned 70,025 shares of the company's stock, valued at approximately $1,204,430. The trade was a 28.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Marcy C. Hingst sold 10,568 shares of Huntington Bancshares stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $190,224.00. Following the completion of the sale, the executive vice president directly owned 267,859 shares in the company, valued at $4,821,462. This trade represents a 3.80% decrease in their position. 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 insiders.

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.

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