Huntington Bancshares (HBAN) Stock Forecast & Price Target

Huntington Bancshares is supported by a differentiated regional banking model built through strong organic growth, acquisitions, and investment across consumer and commercial businesses, including payments, capital markets, and wealth management. Despite softer loan and net interest income guidance, its valuation remains compelling at about 8.5x to 9.0x 2027 EPS, while still implying a solid 17%+ ROTCE and expected 14% EPS growth in 2027 versus a 10% peer median. The company’s improving efficiency ratio, strong capital generation of roughly 50bp of quarterly CET1, and rising buybacks, alongside realized and expanding merger synergies, reinforce a credible path to higher profitability and shareholder returns.

Huntington Bancshares is facing a weakening fundamental setup as management has repeatedly lowered 2026 net interest income guidance to about 35% and cut 2026 and 2027 EPS expectations to roughly $1.53 and $1.75, reflecting persistent margin pressure, deposit pricing pressure, and asset yield compression. Loan growth is also slowing as increased competition in CRE, indirect auto, and residential mortgage reduces average loan growth to about 36% in 2026 and around 6% to 8% in 2027, while fee income guidance of the $730s million for 3Q and ~32% growth in 2026 signals softer-than-expected momentum. Investor confidence is further strained by credibility issues around acquisition strategy and integration risk, while a prolonged U.S. recession or lack of Fed rate cuts could weigh on loan demand, credit quality, and valuation.