Huntington Bancshares (NASDAQ:HBAN) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Huntington Bancshares (NASDAQ:HBAN) issued its quarterly earnings results on Thursday. The bank reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.21, FiscalAI reports. The company had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.57 billion. Huntington Bancshares had a net margin of 17.71% and a return on equity of 11.98%. During the same period last year, the business earned $0.34 EPS.

Here are the key takeaways from Huntington Bancshares’ conference call:

• We delivered an outstanding Q1 — adjusted EPS +9%, PPNR +36%, tangible book +9% and management raised the ROTCE target to 18%–19% (2027) with an EPS target of $1.90–$1.93.
• Fee businesses outperformed — payments (+21% Y/Y), wealth (+19% Y/Y) and a record capital markets quarter drove management to raise fee revenue growth guidance to 31%–33%, with early revenue synergies materializing.
• Balance sheet and capital position are strong — management added ~$4B of Fed cash, reports available contingent liquidity ~173% of uninsured deposits, LCR 118%, adjusted CET1 in the 9%–10% operating range, and expects Basel III endgame to lower RWAs ~7.5%–8% (~80 bps CET1 benefit).
• NII and margin outlook was tempered — management now expects NIM in the high 320s (down from mid‑330s), with loan growth expected near the midpoint of the prior range and the $4B Fed cash balance modestly reducing reported NIM.
• Capital return and cost discipline remain priorities — year‑to‑date buybacks >$250M, 2026 repurchase plan increased to $550M and a new $3B authorization announced, while expense growth guidance was tightened and Q4 efficiency ratio is targeted in the mid‑ to low‑54% range.

Huntington Bancshares Stock Performance

Shares of NASDAQ HBAN opened at $16.83 on Friday. The firm’s 50-day moving average price is $16.33 and its 200-day moving average price is $16.72. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.80. The company has a market cap of $34.28 billion, a PE ratio of 12.11, a PEG ratio of 0.72 and a beta of 0.95. Huntington Bancshares has a 52-week low of $14.09 and a 52-week high of $19.45.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 17th will be issued 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 Wednesday, June 17th. Huntington Bancshares’s dividend payout ratio (DPR) is presently 44.60%.

Wall Street Analyst Weigh In

Several analysts recently commented on HBAN shares. UBS Group set a $21.00 price objective on shares of Huntington Bancshares in a research report on Wednesday, February 4th. DA Davidson cut their price objective on shares of Huntington Bancshares from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, March 16th. Jefferies Financial Group cut their price objective on shares of Huntington Bancshares from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Evercore cut their price objective on shares of Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, April 6th. Finally, National Bank Financial set a $21.00 price objective on shares of Huntington Bancshares in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.18.

More Huntington Bancshares News

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

• Positive Sentiment: Q1 earnings beat and solid metrics — Huntington reported adjusted EPS of $0.37 and revenue roughly in line with expectations; management highlighted strong organic growth and credit performance, which supports the rally in the shares. Read More.
• Positive Sentiment: Dividend maintained and declared — the board declared the quarterly dividend ($0.155 per share; ex-dividend June 17), signaling confidence in cash flow and making the stock more attractive to income investors (annualized yield ~3.7%). Read More.
• Positive Sentiment: Analyst upgrade from Piper — Piper upgraded HBAN to Neutral citing increasing positives, which may attract some buyers and reduce downside fear among investors. Read More.
• Neutral Sentiment: FY‑2027 guidance in line with consensus — management updated EPS guidance to $1.900–$1.930, essentially matching the Street estimate, so the guide neither surprises positively nor raises new upside expectations.
• Neutral Sentiment: JPMorgan trims price target but keeps Overweight — a modest PT cut to $19 (from $21) is a small headwind but the maintained Overweight keeps institutional support. Read More.
• Negative Sentiment: Barclays downgrade to “strong sell” — a significant downgrade increases selling pressure and short-term volatility risk despite the company’s beat and dividend actions. Read More.

Insider Activity

In related news, VP Brendan A. Lawlor sold 17,455 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $18.93, for a total value of $330,423.15. Following the transaction, the vice president owned 42,398 shares of the company’s stock, valued at approximately $802,594.14. This trade represents a 29.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gary Torgow acquired 14,200 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average cost of $17.81 per share, for a total transaction of $252,902.00. Following the acquisition, the director owned 943,341 shares of the company’s stock, valued at $16,800,903.21. The trade was a 1.53% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 27,700 shares of company stock worth $540,401 and have sold 98,986 shares worth $1,600,958. 0.67% of the stock is owned by insiders.

Hedge Funds Weigh In On Huntington Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the business. Palisade Asset Management LLC purchased a new position in shares of Huntington Bancshares in the third quarter worth approximately $26,000. DV Equities LLC bought a new stake in Huntington Bancshares during the 4th quarter worth approximately $38,000. Intesa Sanpaolo Wealth Management bought a new stake in Huntington Bancshares during the 4th quarter worth approximately $65,000. MUFG Securities EMEA plc bought a new stake in Huntington Bancshares during the 2nd quarter worth approximately $72,000. Finally, TCTC Holdings LLC bought a new stake in Huntington Bancshares during the 4th quarter worth approximately $101,000. Hedge funds and other institutional investors own 80.72% of the company’s stock.

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.