Huntington Bancshares (NASDAQ:HBAN) Issues FY 2027 Earnings Guidance
by Scott Moore · The Cerbat GemHuntington Bancshares (NASDAQ:HBAN – Get Free Report) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided EPS guidance of 1.900-1.930 for the period, compared to the consensus EPS estimate of 1.900. The company issued revenue guidance of -.
Huntington Bancshares Price Performance
Shares of HBAN stock opened at $16.40 on Friday. Huntington Bancshares has a 1 year low of $14.19 and a 1 year high of $19.45. The firm’s 50 day moving average is $16.31 and its 200-day moving average is $16.71. The firm has a market capitalization of $33.41 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 0.73 and a beta of 0.95. 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 (NASDAQ:HBAN – Get Free Report) last announced its earnings results on Thursday, April 23rd. The bank reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.21. Huntington Bancshares had a net margin of 16.63% and a return on equity of 11.42%. The company had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period in the prior year, the business earned $0.34 earnings per share. Sell-side analysts forecast that Huntington Bancshares will post 1.61 EPS for the current fiscal year.
Huntington Bancshares Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 17th will be paid a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, June 17th. Huntington Bancshares’s payout ratio is 44.60%.
Analysts Set New Price Targets
A number of research firms recently weighed in on HBAN. The Goldman Sachs Group dropped their price target on shares of Huntington Bancshares from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, April 6th. UBS Group set a $21.00 price target on shares of Huntington Bancshares in a research note on Wednesday, February 4th. Wolfe Research dropped their price target on shares of Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. Argus boosted their price target on shares of Huntington Bancshares from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Huntington Bancshares from $20.00 to $19.50 and set a “market perform” rating for the company in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Huntington Bancshares has an average rating of “Moderate Buy” and an average price target of $20.08.
View Our Latest Report on HBAN
Insider Buying and Selling at Huntington Bancshares
In other news, Director Gary Torgow bought 14,200 shares of the stock in a transaction on Thursday, February 19th. The stock was purchased at an average price of $17.81 per share, with a total value of $252,902.00. Following the completion of the purchase, the director owned 943,341 shares of the company’s stock, valued at approximately $16,800,903.21. This trade represents a 1.53% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Prashant Nateri sold 10,171 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $15.50, for a total transaction of $157,650.50. Following the completion of the sale, the insider directly owned 83,819 shares of the company’s stock, valued at $1,299,194.50. The trade was a 10.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders purchased 27,700 shares of company stock valued at $540,401 and sold 98,986 shares valued at $1,600,958. 0.67% of the stock is currently owned by corporate insiders.
Key Huntington Bancshares News
Here are the key news stories impacting Huntington Bancshares this week:
- Positive Sentiment: Q1 results beat expectations: HBAN reported adjusted EPS of $0.37 and revenue roughly in line with estimates, driven by higher net interest income and fee income — a clear near-term earnings positive. Huntington Bancshares Incorporated Reports 2026 First-Quarter Earnings
- Positive Sentiment: Dividend maintained and declared: Board approved a quarterly dividend (0.155/share) supporting yield (~3.8%), which tends to underpin investor confidence in payout sustainability. Huntington Bancshares Maintains Quarterly Common and Preferred Dividends
- Positive Sentiment: Strategic focus on AI led from the CFO — management highlights AI initiatives and digital strategy as drivers of efficiency and growth, a medium-term positive for margins and competitive positioning. At Huntington Bancshares, the CFO is also the AI strategist
- Positive Sentiment: Analyst momentum: Piper upgraded HBAN to Neutral citing increasing positives, which may attract some buyers. Huntington Bancshares upgraded to Neutral at Piper
- Neutral Sentiment: FY2027 guidance in line with consensus: Company set EPS guidance of $1.900–1.930, essentially matching street estimates — removes surprise upside but reduces downside risk from guidance revisions.
- Neutral Sentiment: Shareholder vote reaffirmed board/governance direction at the annual meeting, providing governance stability but limited immediate market impact. Huntington Bancshares Shareholders Reaffirm Board and Governance Direction
- Neutral Sentiment: Short-interest report is effectively zero/garbled for April 24 (data shows 0 shares), so there’s no meaningful short squeeze dynamic to amplify moves today.
- Negative Sentiment: Morgan Stanley trimmed its price target from $21 to $20 (still Overweight) — a downward revision to analyst upside that can pressure the stock and feeds into today’s selling. Morgan Stanley trims price target on Huntington Bancshares to $20 from $21
Institutional Investors Weigh In On Huntington Bancshares
Large investors have recently bought and sold shares of the company. Great Valley Advisor Group Inc. bought a new stake in Huntington Bancshares in the fourth quarter valued at approximately $207,000. Van ECK Associates Corp bought a new stake in Huntington Bancshares in the fourth quarter valued at approximately $203,000. Brown Brothers Harriman & Co. increased its stake in Huntington Bancshares by 68.8% in the third quarter. Brown Brothers Harriman & Co. now owns 11,650 shares of the bank’s stock valued at $201,000 after purchasing an additional 4,750 shares in the last quarter. State of Wyoming increased its stake in Huntington Bancshares by 38.0% in the fourth quarter. State of Wyoming now owns 11,174 shares of the bank’s stock valued at $194,000 after purchasing an additional 3,077 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in Huntington Bancshares by 23.4% in the fourth quarter. UMB Bank n.a. now owns 7,631 shares of the bank’s stock valued at $132,000 after purchasing an additional 1,448 shares in the last quarter. Institutional investors own 80.72% of the company’s stock.
Huntington Bancshares Company Profile
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.