Huntington Bancshares Incorporated · HBANM · FY2026 Q2 · Calendar Q3 2026

Huntington Q2: Growth Momentum Meets Funding-Cost Pressure

The supplied evidence supports a constructive but qualified view: resilient organic growth, fee momentum and Cadence execution provide support, while funding costs, NIM pressure and auto-loan weakness are the key tests of whether that momentum can persist.

Reported Before market openNASDAQFinancial Services $31.64B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.33 Consensus $0.36
EPS surprise -8.0% Reported versus consensus
Reported revenue $2.86B Consensus $2.84B
Revenue surprise +0.6% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move -0.3% Event window
SPY move -1.2% Same window
Abnormal move +0.9% Stock minus SPY
Volume 1.1× Versus trailing sessions
Subsequent drift -1.6% Up to 20 sessions
HBANMSPY benchmark

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Transcript, numbers and history already loaded
Why did HBANM fall 0.3% after missing EPS estimates in FY2026 Q2?What changed in HBANM's guidance and outlook in FY2026 Q2?Give me the bull and bear case for HBANM after FY2026 Q2 earnings.

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Transcript intelligence

What changed

Compared with the prior-quarter analysis, the current analysis emphasizes realized operating progress: the Cadence systems conversion was completed in 235 days, digital household acquisition in that footprint nearly doubled, and the mortgage-servicing vertical added $1.7 billion of deposits in the quarter. Management also highlighted stronger organic loan and deposit growth, while investor questions shifted toward NII guidance, deposit costs and auto-loan volume.

Guidance delta

Management maintained full-year guidance. The key tension is between strong fee growth and organic balance-sheet momentum on one side, and funding-cost and NIM pressure on the other.

Key takeaways

  • Management described 8.6% sequential organic loan growth and 9.2% sequential deposit growth, with Texas and the South as key growth markets.
  • Fee revenue grew more than 60% year over year, led by payments, wealth management and capital markets.
  • Cadence integration milestones and planned synergies support the expense trajectory, while digital household acquisition is accelerating in the Cadence footprint.
  • The main debate is whether deposit pricing and auto-loan weakness can erode the benefit of fee growth and stronger volumes.

Management priorities

  • Accelerate digital deposit acquisition in the Cadence footprint.
  • Continue branch expansion in Texas and other high-growth markets.
  • Reach full-run-rate Cadence cost synergies by Q4 while maintaining expense discipline.
  • Develop treasury, payments and wealth platforms to deepen cross-selling.

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Earnings History

Estimate Beat Miss Match
HBANM REVENUE earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q4 '23 actual $3B, None Q1 '24 actual $3B, None Q2 '24 actual $3B, None Q2 '25 estimate $2B Q2 '25 actual $3B, beat Q3 '25 estimate $2B Q3 '25 actual $-4B, miss Q4 '25 estimate $2B Q4 '25 actual $2B, miss Q1 '26 estimate $3B Q1 '26 actual $3B, beat Q2 '26 estimate $3B Q2 '26 actual $3B, beat Q3 '26 estimate $3B Q3 '26 actual $3B, miss Q4 '26 estimate $3B Q1 '27 estimate $3B Q2 '27 estimate $3B Q3 '27 estimate $3B
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Analyst Consensus ?

ConsensusHold35 ratings
Bullish1131.4%
Neutral2262.9%
Bearish25.7%

Analyst 52W Price Targets

$19.32Current
$21Low
$21Average
$21High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 23, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
JP Morgan Neutral NeutralMaintainOct 4, 2023
Piper Sandler Neutral NeutralMaintainSep 14, 2023
Morgan Stanley Overweight OverweightMaintainJul 24, 2023
Goldman Sachs Buy BuyMaintainJul 24, 2023
Stephens & Co. Equal Weight Equal WeightMaintainJul 23, 2023
Show 30 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $19.32. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
D.A. DavidsonPeter Winter$21$23.08 +8.7%Oct 28, 2025

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Company context

Snapshot as of publication

Huntington Bancshares Incorporated serves as the parent entity for The Huntington National Bank, offering a comprehensive suite of financial services, encompassing commercial, retail, and home lending solutions throughout the United States. The company's activities are structured across four main divisions. The Consumer and Business Banking segment provides a broad array of financial instruments, including transactional accounts (checking, savings, money market), certificates of deposit, credit cards, and both personal and small business credit facilities. Additionally, this division facilitates home mortgages, insurance offerings, interest rate hedging, foreign exchange services, and essential treasury management, supported by ATM, online, mobile, and telephonic banking channels, primarily assisting individual consumers and burgeoning small businesses.…

Historical context

All HBANM earnings
+0.5%FY2026 Q3 · Calendar Q4 2026

Financial Services peers this season

Latest reports in the same sector
CompanyQuarterEPS surpriseMarket moveHeadline
HBANL Huntington Bancshares Incorporated FY2026 Q3 · Calendar Q4 2026 -5.3% +0.5% Huntington maintains 2027 targets as fees and new markets support growth
NDAQ Nasdaq, Inc. FY2026 Q3 · Calendar Q4 2026 +2.0% +7.5% Nasdaq Q3: AI, cloud and market infrastructure sustain growth
BCS Barclays PLC FY2026 Q3 · Calendar Q4 2026 -1.5% -2.6% Barclays balances growth and efficiency with outlook maintained
SSB SouthState Bank Corp. FY2026 Q3 · Calendar Q4 2026 -4.2% +2.4% SouthState posts 9% loan and deposit growth as NIM holds
PNFP Pinnacle Financial Partners, Inc. FY2026 Q3 · Calendar Q4 2026 +2.7% +2.3% PNFP: Strong loan growth and fee income, guidance maintained
BPOP Popular, Inc. FY2026 Q3 · Calendar Q4 2026 — -2.8% Popular’s Q3 growth remained solid as public deposits declined

Latest beats and misses

Who reports next

Beat on EPS

Missed on EPS

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One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-07-23T18:03:48.943883+00:00
  2. FN2 earnings calendar · 2026-08-27T01:23:13.912278+00:00
  3. Polygon adjusted daily market bars · 2026-10-23T03:00:42.472628+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-23T03:00:42.469806+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-23. For educational purposes only; not investment advice.