Huntington Bancshares (HBAN) Stock Forecast & Price Target

Huntington Bancshares is demonstrating strong organic growth in loans and deposits, with end-of-period loans and deposits increasing by $1.2 billion and $1.3 billion, respectively, as of February 28. The management team anticipates a margin expansion of approximately 10 basis points annually through 2027, driven by fixed asset repricing and favorable deposit management strategies, which are expected to enhance net interest income. Additionally, the successful integration of recent acquisitions and continued expansion into high-growth areas such as the Carolinas and Texas further positions Huntington for sustained growth and earnings momentum in the medium term.

Huntington Bancshares has experienced a significant year-to-date decline of 12.3%, marking the worst performance within its peer group, largely driven by a challenging economic environment that has led to sluggish loan growth and difficulties in deposit gathering. The company has also revised its earnings per share (EPS) estimates downward for 2026 and 2027, reflecting a decrease in purchase accounting accretion and projected higher credit costs associated with a deteriorating economy. Furthermore, ongoing execution risks linked to the integration of recent acquisitions compound the negative outlook, prompting a reduction in the firm's price target.