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Here's What to Expect From Huntington Bancshares' Next Earnings Report
Yahoo Finance· 2026-03-26 08:31
Core Viewpoint - Huntington Bancshares Incorporated (HBAN) is a regional bank holding company with a market capitalization of $31.5 billion, providing a range of financial services including commercial, consumer, and mortgage banking [1] Earnings Expectations - Analysts anticipate HBAN will report a profit of $0.36 per share for the fiscal first quarter of 2026, reflecting a 5.9% increase from $0.34 per share in the same quarter last year [2] - For the full fiscal year 2026, EPS is expected to be $1.63, a 9.4% increase from $1.49 in fiscal 2025, with further growth projected to $1.91 in fiscal 2027, representing a 17.2% year-over-year increase [3] Earnings History - In the past four quarters, HBAN has either met or exceeded consensus estimates in three instances, with the most recent quarter showing an adjusted EPS of $0.37, which was below the expected $0.39 [4][6] - The earnings surprise percentages for the last four quarters were +9.68%, unchanged, +5.26%, and -5.13% respectively [4] Stock Performance - Over the past 52 weeks, HBAN's stock has increased by 1.4%, underperforming the S&P 500 Index's gain of 14.1%, but outperforming the State Street Financial Select Sector SPDR ETF's loss of 2.2% [5] Growth Drivers - The bank's growth is supported by robust lending activity, with average loans and leases increasing by approximately 14% to $146.6 billion, alongside strategic expansions through acquisitions like Veritex and Cadence [6] Analyst Ratings - The consensus opinion among analysts is bullish, with 17 out of 23 analysts recommending a "Strong Buy," one suggesting a "Moderate Buy," four advising a "Hold," and one recommending a "Strong Sell." The average price target for HBAN is $20.59, indicating a potential upside of 32.5% from current levels [7]
Huntington Bancshares Stock: Is HBAN Outperforming the Financial Sector?
Yahoo Finance· 2026-03-17 12:48
Core Viewpoint - Huntington Bancshares Incorporated (HBAN) is a significant player in the regional banking industry, with a market capitalization of $30.9 billion, providing a wide range of financial services to both consumers and businesses [1][2]. Company Overview - HBAN offers various financial products and services, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, and insurance [1]. - The company is categorized as a "large-cap stock" due to its market cap exceeding $10 billion, highlighting its size and influence in the banking sector [2]. Stock Performance - HBAN's stock has experienced a decline of 21.5% from its 52-week high of $19.46, reached on February 6, and has fallen 13.3% over the past three months, underperforming the State Street Financial Select Sector SPDR ETF (XLF), which saw a 9.8% loss during the same period [3]. - Over a six-month period, HBAN shares decreased by 12.3%, again underperforming XLF's decline of 8%, but the stock has increased by 3.6% over the past 52 weeks, outperforming XLF's 1.6% returns [3]. Technical Indicators - HBAN has been trading below its 50-day moving average since mid-February and below its 200-day moving average since late February, indicating a bearish trend [4]. Financial Performance - The company's robust lending activity is a key driver of its performance, with average loans and leases increasing by approximately 14% to $146.6 billion [5]. - In Q4, HBAN reported an adjusted EPS of $0.37, which fell short of Wall Street expectations of $0.39, and its revenue net of interest expense was $2.19 billion, also missing forecasts of $2.20 billion [5]. Competitive Landscape - In the regional banking sector, M&T Bank Corporation (MTB) has shown resilience, with a 1.6% increase over the past six months and a 13% gain over the past 52 weeks, outperforming HBAN [6].
First Horizon Corporation to Participate in the 2026 RBC Capital Markets Global Financial Institutions Conference
Prnewswire· 2026-02-26 23:30
Group 1 - First Horizon Corporation will have its Chairman, President, and CEO Bryan Jordan participate in the 2026 RBC Capital Markets Global Financial Institutions Conference on March 10, 2026, at 3:20 pm ET [1] - A live webcast of the conference will be available on the First Horizon Investor Relations website, along with an audio replay [2] Group 2 - As of December 31, 2025, First Horizon Corporation has $83.9 billion in assets and operates as a leading regional financial services company [4] - The company is headquartered in Memphis, TN, and its banking subsidiary, First Horizon Bank, operates in 12 states primarily in the southern U.S. [4] - First Horizon offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] - The company has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4]
First Horizon Corporation to Participate in the Bank of America 2026 Financial Services Conference
Prnewswire· 2026-01-29 21:21
Core Viewpoint - First Horizon Corporation will participate in the Bank of America 2026 Financial Services Conference on February 11, 2026, featuring key executives Bryan Jordan and Hope Dmuchowski [1]. Group 1: Event Participation - The event will be held at 8:50 am ET and will include a live webcast and audio replay available on the First Horizon Investor Relations website [2]. Group 2: Company Overview - First Horizon Corporation, with $83.9 billion in assets as of December 31, 2025, is a prominent regional financial services company headquartered in Memphis, TN, operating in 12 states in the southern U.S. [4]. - The company offers a wide range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4]. - First Horizon has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4].
First Horizon Corporation Reports Full Year 2025 Net Income Available to Common Shareholders (NIAC) increased 29% to $956 Million or $1.87 EPS; Adjusted NIAC increased 15% to $968 Million or $1.89 EPS, driven by revenue strength and credit performance*
Prnewswire· 2026-01-15 11:30
Core Insights - First Horizon Corporation reported a 1% increase in net income available to common shareholders for Q4 2025, totaling $257 million, with an earnings per share (EPS) of $0.52, and an adjusted basis EPS of $0.52, reflecting a 2% increase from Q3 2025 results [1][3] - For the full year 2025, the company achieved a net income of $956 million, resulting in an EPS of $1.87, which represents a 38% increase compared to the EPS of $1.36 in 2024 [1][2] Financial Performance - The fourth quarter net income available to common shareholders was $257 million, up from $254 million in Q3 2025, with EPS increasing from $0.50 to $0.52 [3] - Notable items in Q4 2025 resulted in a net after-tax reduction of $2 million, compared to a $9 million reduction in Q3 2025 [3] - Adjusted fourth quarter 2025 net income was $259 million, slightly down from $263 million in Q3 2025, with adjusted EPS remaining stable at $0.52 [3] Strategic Focus - The company aims to deepen client relationships, maximize revenue opportunities, and enhance products and capabilities as it enters 2026 [2][3] - The CEO emphasized the importance of disciplined risk management and a resilient balance sheet to support sustainable growth [3] Company Overview - First Horizon Corporation, headquartered in Memphis, TN, has $83.9 billion in assets as of December 31, 2025, and operates in 12 states in the southern U.S. [13] - The company offers a range of financial services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [13]
Barclays Raises Huntington Bancshares (HBAN) PT to $20 Citing Continued 2026 Sector Outperformance
Yahoo Finance· 2026-01-08 14:12
Group 1 - Huntington Bancshares Inc. (NASDAQ:HBAN) is gaining attention from hedge funds as a promising investment opportunity [1][2] - Barclays raised the price target for Huntington Bancshares to $20 from $19, maintaining an Equal Weight rating, and expressed a bullish outlook for large-cap banks in 2026 [1] - RBC Capital also increased its price target for Huntington Bancshares to $20 from $19 with an Outperform rating, citing the strategic potential of recent acquisitions [2] Group 2 - Piper Sandler raised the price target for Huntington Bancshares to $16 from $15, but maintained an Underweight rating, emphasizing the bank's focus on organic growth [3] - The bank's core strategy is centered on seamless integrations and leveraging recent acquisitions to enhance future organic expansion [3] - Huntington Bancshares operates as the bank holding company for The Huntington National Bank, providing a range of banking services in the US [4]
First Horizon Announces New Leadership in Louisiana, Texas and Georgia
Prnewswire· 2026-01-07 14:44
Core Insights - First Horizon announced several leadership promotions to enhance client service through local expertise [1][6] Leadership Promotions - Tony Adams has been promoted to Gulf States Regional President, focusing on strategic client opportunities in Louisiana, having significantly developed client relationships since joining in 2001 [2] - Jimmy Dunn has been elevated to New Orleans Market President, aiming to strengthen client relationships and market growth with a high-touch service model, having joined the company in 2014 [3] - Matt Phillips, previously managing the Texas Commercial Real Estate Group, will now serve as Regional President of the West Region, leveraging over 11 years of experience in Texas to guide client growth [4] - Alex Morton has transitioned from Birmingham Market President to Atlanta Market President, expected to capitalize on strategic hires and business momentum developed over the past eight years [5] Company Overview - First Horizon Corporation, with $83.2 billion in assets as of September 30, 2025, is a leading regional financial services company operating in 12 southern U.S. states [7] - The company offers a wide range of services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [7] - First Horizon has been recognized as one of the best employers and a top reputable U.S. bank by Fortune and Forbes [7]
First Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 15, 2026
Prnewswire· 2025-12-12 21:15
Core Points - First Horizon Corporation plans to announce its fourth quarter and full year financial results on January 15, 2026 [1] - The company will host a live conference call and webcast presentation on the same day at 9:30 am ET [1] - First Horizon Corporation has $83.2 billion in assets as of September 30, 2025, and operates in 12 states in the southern U.S. [2] Financial Results Announcement - The financial results will be available at ir.firsthorizon.com at approximately 6:30 am ET [1] - A replay of the conference call will be available until midnight CT on January 29, 2026 [1] - The company will provide a live webcast of the presentation, which will be archived on its website for one year [1] Company Overview - First Horizon Corporation is recognized as one of the nation's best employers by Fortune and Forbes magazines [2] - The company offers a wide range of financial services, including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services [2] - The banking subsidiary, First Horizon Bank, is headquartered in Memphis, TN [2]
First Horizon Recognized as a 2025 Forbes Best-In-State Employer for Tennessee
Prnewswire· 2025-12-11 20:30
Core Viewpoint - First Horizon Corporation has been recognized by Forbes as a 2025 Best-in-State Employer for Tennessee, highlighting its commitment to employee satisfaction and organizational culture [1][2]. Company Overview - First Horizon Corporation, with $83.2 billion in assets as of September 30, 2025, is a leading regional financial services company based in Memphis, TN [3]. - The company operates in 12 states primarily in the southern U.S. and offers a wide range of financial services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3]. Employee Recognition - The recognition as a Best-in-State Employer is based on an independent survey of over 160,000 employees from companies with a minimum of 500 employees in the U.S., ensuring a representative sample of the workforce [2]. - Tanya Hart, Senior Executive Vice President and Chief Human Resources Officer, emphasized that the success of First Horizon is driven by associates who are committed to excellence for clients and communities, reflecting a culture that listens, invests, and empowers employees [3]. Industry Recognition - First Horizon has also been acknowledged as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [3].
First Horizon Named to Forbes America's Best Employers for Women 2025
Prnewswire· 2025-12-11 17:56
Core Insights - First Horizon Corporation has been recognized in Forbes America's Best Employers for Women 2025 list, highlighting its commitment to gender equality in the workplace [1][2] Company Overview - First Horizon Corporation, with assets totaling $83.2 billion as of September 30, 2025, is a prominent regional financial services company based in Memphis, TN [4] - The company operates in 12 states primarily in the southern U.S. and offers a wide range of financial services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] Employee Focus - The recognition from Forbes is attributed to the company's focus on listening to associates, investing in their growth, and fostering a positive work environment [3] - The survey evaluated employers based on factors such as pay equity, advancement opportunities, parental leave, work-life balance, and benefits for childcare or eldercare, along with the representation of women in executive and board positions [2]