Columbus, Ohio-based Huntington Bancshares Incorporated (HBAN) operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services. The company has a market cap of $30.8 billion and offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, and more.
HBAN is expected to release its Q3 2026 earnings on Thursday, October 22, before the market opens. Ahead of the event, analysts expect the company’s EPS to be $0.39 on a diluted basis, down 2.5% from $0.40 in the year-ago quarter. The company has met or exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion.
For fiscal 2026, analysts project the company’s EPS to be $1.54, up 3.4% from $1.49 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 14.9% year over year (YoY) to $1.77 in fiscal 2027.
HBAN stock has fallen 11.8% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 14% rise and the State Street Financial Select Sector SPDR ETF’s (XLF) marginal decline during the same time frame.
On July 23, HBAN stock declined 4.8% following the release of its mixed Q2 2026 earnings. The company’s revenue for the quarter amounted to $4.2 billion, coming in above Wall Street’s estimates. Additionally, its adjusted EPS came in at $0.39, matching the Street’s estimates. More recently, the company cut its 2027 EPS estimate to $1.75 to $1.83 from an April outlook of $1.90 to $1.93, also resulting in a 6% decline in its price.
Analysts are somewhat bullish on HBAN, with the stock having a “Moderate Buy” rating overall. Among the 21 analysts covering the stock, 13 are recommending a “Strong Buy,” one recommends a “Moderate Buy,” and seven suggest a “Hold” for the stock. HBAN’s average analyst price target is $19.63, indicating an upside of 31.9% from the current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.