Huntington Bancshares (NASDAQ:HBAN) Stock Price Down 3.7% on Disappointing Earnings

Huntington Bancshares Incorporated (NASDAQ:HBAN)’s share price were down 3.7% during trading on Thursday following a dissappointing earnings announcement. The company traded as low as $17.65 and last traded at $18.0750. Approximately 21,534,014 shares changed hands during trading, a decline of 20% from the average daily volume of 27,011,875 shares. The stock had previously closed at $18.77.

The bank reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.03). Huntington Bancshares had a net margin of 18.06% and a return on equity of 12.14%. The firm had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.21 billion. During the same quarter in the previous year, the company posted $0.34 earnings per share.

More Huntington Bancshares News

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

• Positive Sentiment: Management emphasized accelerating organic growth, expanded margin and strong credit performance in the Q4 results and investor presentation — points investors view as evidence of ongoing momentum. Huntington Delivers Outstanding 2025 Results (PR Newswire)Read PR Newswire
• Positive Sentiment: Net interest income (NII) growth and strategic Southern U.S. expansion were highlighted as revenue drivers, supporting longer-term earnings upside if NII trends persist. Fool: Investors weigh NII and expansionRead The Motley Fool
• Positive Sentiment: The board declared an unchanged quarterly common dividend of $0.155, signaling capital stability and supporting the stock’s income-investor appeal. Dividend declaration (PR Newswire)Read PR Newswire
• Neutral Sentiment: The earnings call transcript and slide deck are available for deeper review; investors may parse commentary on expense plans and the Southern expansion for forward guidance. Earnings call transcript (Seeking Alpha)Read transcript
• Negative Sentiment: Reported adjusted EPS of $0.37 missed street expectations (~$0.40) and revenue of $2.19B trailed estimates, prompting investor concern over near-term profitability vs. forecasts. MarketBeat: Earnings summaryRead MarketBeat
• Negative Sentiment: Analysts and coverage called out a year-over-year rise in operating expenses and higher credit provisions that weighed on the quarter — the primary negative driver behind the stock weakness. Zacks: Expenses and credit provisions roseRead Zacks

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HBAN. Morgan Stanley raised their price target on shares of Huntington Bancshares from $19.00 to $23.00 and gave the company an “overweight” rating in a report on Monday, September 29th. Wall Street Zen cut Huntington Bancshares from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Zacks Research lowered Huntington Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. DA Davidson reiterated a “buy” rating and issued a $21.00 price target on shares of Huntington Bancshares in a report on Tuesday, October 28th. Finally, Piper Sandler lifted their price objective on Huntington Bancshares from $15.00 to $16.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.08.

Insider Buying and Selling

In other Huntington Bancshares news, EVP Marcy C. Hingst sold 12,832 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $18.00, for a total value of $230,976.00. Following the completion of the transaction, the executive vice president directly owned 239,473 shares in the company, valued at $4,310,514. This trade represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Helga Houston sold 64,587 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $15.38, for a total transaction of $993,348.06. Following the completion of the transaction, the insider directly owned 534,640 shares of the company’s stock, valued at $8,222,763.20. This represents a 10.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 97,863 shares of company stock valued at $1,581,634. Corporate insiders own 0.89% of the company’s stock.

Institutional Investors Weigh In On Huntington Bancshares

Hedge funds have recently added to or reduced their stakes in the business. Sagespring Wealth Partners LLC boosted its position in shares of Huntington Bancshares by 2.4% in the fourth quarter. Sagespring Wealth Partners LLC now owns 25,217 shares of the bank’s stock valued at $438,000 after acquiring an additional 587 shares during the period. Accurate Wealth Management LLC raised its stake in Huntington Bancshares by 3.5% in the 2nd quarter. Accurate Wealth Management LLC now owns 18,159 shares of the bank’s stock worth $319,000 after purchasing an additional 611 shares in the last quarter. LifeWealth Investments LLC boosted its holdings in Huntington Bancshares by 2.3% in the 2nd quarter. LifeWealth Investments LLC now owns 28,501 shares of the bank’s stock valued at $478,000 after purchasing an additional 632 shares during the period. Parcion Private Wealth LLC grew its position in shares of Huntington Bancshares by 6.2% during the 3rd quarter. Parcion Private Wealth LLC now owns 11,081 shares of the bank’s stock worth $191,000 after purchasing an additional 648 shares in the last quarter. Finally, Strategic Planning Inc. grew its position in shares of Huntington Bancshares by 0.3% during the 3rd quarter. Strategic Planning Inc. now owns 199,318 shares of the bank’s stock worth $3,442,000 after purchasing an additional 670 shares in the last quarter. Institutional investors and hedge funds own 80.72% of the company’s stock.

Huntington Bancshares Price Performance

The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.89. The company’s fifty day moving average price is $17.24 and its 200 day moving average price is $16.88. The company has a market capitalization of $27.78 billion, a P/E ratio of 12.34, a PEG ratio of 0.70 and a beta of 0.95.

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.