These Analysts Boost Their Forecasts On Huntington Bancshares Following Strong Q3 Earnings - Huntington Bancshares (NASDAQ:HBAN)

Core Insights - Huntington Bancshares Incorporated reported third-quarter earnings of 41 cents per share, exceeding the analyst consensus estimate of 37 cents per share [1] - The company experienced significant growth, with loans and deposits increasing by over $11 billion and $8 billion respectively over the past year [2] Financial Performance - The earnings report reflects the strength of Huntington's operating model, which focuses on targeted growth investments and disciplined execution of core strategies [2] - The company achieved balanced, above-peer growth by acquiring new customers and expanding net interest income and diversified fee revenues [2] Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for Huntington Bancshares, with Keefe, Bruyette & Woods raising the target from $19 to $20, and TD Cowen increasing it from $21 to $22 [5]