$HBAN

Top U.S. banks, including JPMorgan and Bank of America, raised their prime lending rate to 7% after the Federal Reserve's first rate hike since 2023. The Fed increased rates by 0.25% and signaled further hikes, aiming to combat inflation. Bank shares fell, with JPMorgan down 1% and Goldman Sachs down 4%. Higher rates boost bank earnings but may slow economic activity and reduce loan demand.

Huntington Bancshares (HBAN) stock dropped 3% after lowering its fiscal 2027 EPS guidance to $1.75-$1.83 from $1.90-$1.93, citing higher rates and competition. 2026 net interest income growth forecast cut to 35% from 39-43%. Fee income growth outlook raised to 32% from 26.5-29.5%. Share repurchases increased to $1.3B-$1.4B.

HUNTINGTON BANCSHARES INC /MD/ (HBAN) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 3, 2026, the Board of Directors of Huntington Bancshares Incorporated (the “Company”) unanimously appointed Br

Huntington Bancshares (HBAN) promoted Brant Standridge to president, potentially positioning him as a future CEO. The company offers a 3.73% dividend yield with a 42% payout ratio, and its stock is fairly valued at $16.62 vs. GF Value™ of $16.66. HBAN has a GF Score™ of 79, with strengths in growth and valuation but weaker financial strength. Insiders have sold more shares than purchased, and institutional investors show mixed sentiment.

Huntington Bancshares Inc (HBAN) reported $1.39 diluted EPS for FY2025, up 13.9% YoY. Trailing 12-month EPS was $1.30. Q1 2026 EPS was $0.25, down 26.5% YoY. 5Y and 10Y CAGRs were +15.0% and +5.5%, respectively, per SEC filings.

Analysts upgraded Alphabet (GOOGL) to Buy, Ford (F) to Buy, Rivian (RIVN) to Overweight, and Rocket Lab (RKLB) to Outperform. Downgrades include Stellantis (STLA) to Underweight, Huntington Bancshares (HBAN) to Neutral, and Warner Bros. Discovery (WBD) to Neutral. JPMorgan reiterated a $4,500 year-end gold target. Bitcoin dropped to $65,149 amid risk-off selling. Over 150 S&P 500 companies report earnings this week, including four Magnificent 7 firms.

Huntington National Bank plans to open 55 branches across North and South Carolina by 2027 and add 350 employees, expanding from 11 existing locations. The Ohio-based bank, which entered the market in 2023 and has leadership based in Charlotte, reported $284B in assets and $228B in deposits after its Cadence Bank merger, and expects commercial growth to more than double.

Wells Fargo initiated Huntington Bancshares with an overweight rating and a $23 price target, citing Texas population and economic growth, data-center expansion, and banks shifting operations to Texas. The firm says Huntington’s Texas and Southeast U.S. focus, plus acquisitions including Veritex and a deal to buy Cadence Bank, should drive benefits. Shares rose slightly; YTD up about 4%.

Baird removed its “Fresh Pick” designation on Huntington Bancshares (HBAN) but kept an Outperform rating, saying bank stocks trade at or slightly above fair value. It cut HBAN’s 2027 EPS estimate to $1.80 versus management guidance of $1.90, citing difficulty meeting targets without low provisions and strong fee trends. Baird also expects possible guidance cuts tied to Cadence’s impact on NII and margins.

Huntington Bancshares (HBAN) outlines a plan to reach 18-19% ROTCE by 2027, citing EPS of $1.90-$1.93 for 2027, 6-9% pre-provision net revenue CAGR, and acquisition synergies from Veritex and Cadence. It targets $435M annual cost synergies by 2027 and over $300M revenue synergies by 2028. Q2 2026 ROTCE was 15.1% vs 11.6% in Q1.