Huntington Bancshares Stock Falls on Revised Guidance
By EC Assets · Published
Huntington Bancshares stock declined on Wednesday following a lowered guidance outlook. The bank had previously raised its guidance for 2025 and reaffirmed standalone guidance earlier in the year. The latest outlook has impacted investor sentiment regarding the financial institution. Huntington Bancshares last issued guidance on July 23, 2026, for fiscal year 2026. The company had guided earnings per share in the range of $1.90 to $1.93. This guidance was compared to a consensus EPS estimate. Previous reports indicated more positive developments for the bank. Huntington Bancshares had lifted its net interest income (NII) growth guidance following a third-quarter earnings beat. Its third-quarter earnings came in better than expected, driven by strong growth in net interest income and fee revenues. The bank also posted stronger-than-expected first-quarter earnings. These first-quarter results reflected its Cadence Bank and Veritex acquisitions. The combination with Cadence closed in February. Further positive sentiment was observed earlier in the year. Huntington Bancshares reported strong third-quarter results with earnings per share of $0.41, representing a 24% increase from the prior-year quarter. The bank experienced broad-based organic growth and raised its guidance for 2025. Huntington Bancshares also touted "strong momentum" and lifted its 2026 buyback outlook to $550 million at an RBC event. However, the bank's second-quarter net interest income miss and softer 2027 guidance weighed on investor sentiment, . The current stock movement reflects a reaction to the updated guidance. Investors are now assessing the implications of the lowered outlook on the bank's future performance. This article is intended for informational purposes only. It does not constitute investment advice.
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