Huntington Bancshares Posts 3Q EPS of 33 Cents
HBAN is trading near its 52-week low of $14.82 (6.2% above the low).
Summary
Huntington reported third-quarter EPS of 33 cents, matching the 33 cents it earned in Q2 2026. That flat quarter-over-quarter print is the key read: the bank isn't yet showing sequential earnings growth after the September 16 guidance cut, when it lowered its FY27 EPS target to $1.75-$1.83 and trimmed loan, NIM and fee growth assumptions. The quarter included net interest income of $2.07B, noninterest income of $722M and revenue of $2.79B, with an FTE net interest margin of 3.25%. Credit quality also drew attention: the Q3 net charge-off ratio rose to 0.31% from 0.25% in Q2, with nonperforming assets at 0.90% of loans.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Huntington's Q3 net charge-off ratio rose to 0.31% from 0.25% in Q2, with nonperforming assets at 0.90% of loans.
At the time of this announcement, HBAN was trading at $15.74 on NASDAQ in the Finance sector, with a market capitalization of approximately $31.8B. The 52-week trading range was $14.82 to $19.46. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.