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

Huntington Bancshares (NASDAQ:HBAN) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.520-1.540 for the period, compared to the consensus EPS 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 Trading Down 0.1%

Shares of HBAN opened at $16.75 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 0.92. Huntington Bancshares has a fifty-two week low of $14.89 and a fifty-two week high of $19.45. The firm has a 50 day moving average price of $17.36 and a 200-day moving average price of $16.74. The firm has a market cap of $33.84 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 0.91 and a beta of 0.92.

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, hitting the consensus estimate of $0.39. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.84 billion. During the same period in the previous year, the firm posted $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. As a group, equities research analysts forecast that Huntington Bancshares will post 1.61 earnings per share for the current year.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 17th will be paid a $0.155 dividend. 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 payout ratio is 48.06%.

Wall Street Analyst Weigh In

Several equities analysts have commented on HBAN shares. Jefferies Financial Group set a $18.00 price objective on Huntington Bancshares in a research report on Thursday, July 23rd. Wells Fargo & Company initiated coverage on Huntington Bancshares in a research note on Monday, August 17th. They set an “overweight” rating and a $23.00 target price on the stock. Stephens dropped their price target on shares of Huntington Bancshares from $20.00 to $19.00 and set an “equal weight” rating on the stock in a report on Friday, July 24th. Morgan Stanley restated an “equal weight” rating and issued a $19.00 target price (down from $21.00) on shares of Huntington Bancshares in a report on Friday, July 24th. Finally, Truist Financial boosted their target price on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Huntington Bancshares currently has an average rating of “Moderate Buy” and a consensus target price of $20.24.

Insider Transactions at Huntington Bancshares

In other Huntington Bancshares news, insider Kendall Kowalski sold 27,971 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $17.20, for a total transaction of $481,101.20. Following the completion of the sale, the insider directly owned 70,025 shares in the company, valued at $1,204,430. The trade was a 28.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Marcy 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 transaction of $190,224.00. Following the sale, the executive vice president directly owned 267,859 shares of the company’s stock, valued at $4,821,462. The trade was a 3.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.67% of the company’s stock.

Huntington Bancshares Company Profile

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.