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

Huntington Bancshares (NASDAQ:HBAN) announced its earnings results on Thursday. The bank reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.21, FiscalAI reports. Huntington Bancshares had a return on equity of 11.98% and a net margin of 17.71%.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 company posted $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

Huntington Bancshares stock traded down $0.39 during midday trading on Thursday, hitting $16.44. 18,176,928 shares of the company were exchanged, compared to its average volume of 31,946,557. The firm has a market capitalization of $33.48 billion, a PE ratio of 11.83, a price-to-earnings-growth ratio of 0.73 and a beta of 0.95. Huntington Bancshares has a fifty-two week low of $14.09 and a fifty-two week high of $19.45. The business has a fifty day simple moving average of $16.34 and a two-hundred day simple moving average of $16.72. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.92 and a current ratio of 0.93.

Insider Activity

In related news, VP Brendan A. Lawlor sold 17,455 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $18.93, for a total transaction of $330,423.15. Following the sale, the vice president directly owned 42,398 shares of the company’s stock, valued at $802,594.14. This trade represents a 29.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary Torgow bought 14,200 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of $17.81 per share, for a total transaction of $252,902.00. Following the completion of the acquisition, the director owned 943,341 shares of the company’s stock, valued at $16,800,903.21. This trade represents a 1.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 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 insiders.

Institutional Trading of Huntington Bancshares

Several institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. grew its holdings in Huntington Bancshares by 252.9% in the fourth quarter. Sunbelt Securities Inc. now owns 13,064 shares of the bank’s stock valued at $227,000 after purchasing an additional 9,362 shares during the period. Invesco Ltd. grew its holdings in Huntington Bancshares by 6.6% in the fourth quarter. Invesco Ltd. now owns 62,971,849 shares of the bank’s stock valued at $1,092,562,000 after purchasing an additional 3,908,927 shares during the period. Axxcess Wealth Management LLC grew its holdings in Huntington Bancshares by 11.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 80,325 shares of the bank’s stock valued at $1,394,000 after purchasing an additional 8,134 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Huntington Bancshares by 11.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 115,895 shares of the bank’s stock valued at $2,011,000 after purchasing an additional 11,994 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in Huntington Bancshares by 7.4% in the fourth quarter. Raymond James Financial Inc. now owns 10,190,939 shares of the bank’s stock valued at $176,813,000 after purchasing an additional 704,700 shares during the period. 80.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on HBAN. Piper Sandler upped their target price on Huntington Bancshares from $16.00 to $17.00 and gave the company an “underweight” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada reduced their target price on Huntington Bancshares from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Jefferies Financial Group reduced their target price on Huntington Bancshares from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Barclays lowered Huntington Bancshares from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Wolfe Research cut their price objective on Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.13.

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.