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

Huntington Bancshares (NASDAQ:HBAN) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share 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 -.

Huntington Bancshares Price Performance

Huntington Bancshares stock traded down $0.92 during midday trading on Thursday, reaching $17.36. The company’s stock had a trading volume of 24,667,040 shares, compared to its average volume of 27,481,768. The stock has a market cap of $35.18 billion, a PE ratio of 13.34, a price-to-earnings-growth ratio of 0.81 and a beta of 0.93. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.73. Huntington Bancshares has a 52 week low of $14.89 and a 52 week high of $19.45. The business has a 50-day moving average price of $17.05 and a 200-day moving average price of $16.93.

Huntington Bancshares (NASDAQ:HBAN) last posted 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 $2.85 billion for the quarter, compared to the consensus estimate of $2.84 billion. Huntington Bancshares had a net margin of 16.63% and a return on equity of 11.42%. During the same period last year, the company posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, sell-side analysts predict that Huntington Bancshares will post 1.62 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Huntington Bancshares from $18.50 to $19.50 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Royal Bank Of Canada lifted their target price on Huntington Bancshares from $20.00 to $21.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Jefferies Financial Group lowered shares of Huntington Bancshares from a “buy” rating to a “hold” rating and reduced their price objective for the company from $21.00 to $19.00 in a research note on Monday, July 6th. Wolfe Research reduced their price objective on shares of Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. Finally, Evercore restated an “outperform” rating and set a $21.00 price target on shares of Huntington Bancshares in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Huntington Bancshares presently has an average rating of “Moderate Buy” and a consensus price target of $20.25.

Insider Activity at Huntington Bancshares

In other news, EVP Marcy C. Hingst sold 10,568 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $190,224.00. Following the transaction, the executive vice president owned 267,859 shares in the company, valued at approximately $4,821,462. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $17.35, for a total value of $3,878,106.70. Following the transaction, the director owned 612,155 shares in the company, valued at approximately $10,620,889.25. This represents a 26.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 33,500 shares of company stock worth $617,542. 0.67% of the stock is owned by corporate insiders.

Institutional Trading of Huntington Bancshares

Several institutional investors have recently bought and sold shares of the company. Palisade Asset Management LLC bought a new position in shares of Huntington Bancshares in the third quarter worth approximately $26,000. DV Equities LLC purchased a new stake in shares of Huntington Bancshares during the fourth quarter valued at approximately $38,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Huntington Bancshares during the fourth quarter valued at approximately $65,000. MUFG Securities EMEA plc purchased a new position in Huntington Bancshares in the 2nd quarter worth approximately $72,000. Finally, TCTC Holdings LLC purchased a new position in Huntington Bancshares in the 4th quarter worth approximately $101,000. 80.72% of the stock is owned by hedge funds and other institutional investors.

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.