WallStSmart
HBAN

Huntington Bancshares Incorporated

NASDAQ: HBAN · FINANCIAL SERVICES · BANKS - REGIONAL

$16.31
-1.45% today

Updated 2026-04-29

Market cap
$33.06B
P/E ratio
12.55
P/S ratio
3.98x
EPS (TTM)
$1.30
Dividend yield
3.75%
52W range
$14 – $19
Volume
25.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Huntington Bancshares Incorporated (HBAN) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$16.31
Consensus
$19,530.00
+119642.49%
2030 Target
$90.00
+451.81%
DCF
—
—
16 analysts:
6 Buy3 Hold2 Sell

Management guidance

CEO Steve Steinour emphasized organic growth as #1 priority (Jan 2026). Management projects significant growth in net interest income, loan growth, and deposit growth for 2026, with increases in fee revenues, though core expenses also expected to rise. Company provided 2027 EPS target of $1.90-$1.93 (Feb 2026), implying ~4-5% EPS growth from 2026E levels.

Sources: Management guidance, analyst consensus, sector analysismedium confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$148.43
$15.2B Rev × 20x P/S
Base case (2030)
$90.00
$15.2B Rev × 12x P/S
Bear case (2030)
$60.00
$15.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$10.8B$12.0B$12.5B$11.6B$12.7B$13.5B$14.3B$15.2B
Revenue growth—11.0%4.4%0.5%0.1%0.1%0.1%0.1%
EPS$1.25$1.24$1.39$1.62$1.91$2.05$2.18$2.32
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$67.90$74.21$78.95$83.69$90.00

Catalysts & risks

Growth catalysts
+ Cadence Bank merger integration (completed Feb 2026) — adds significant scale across Texas and South with revenue synergies expected
+ Organic growth acceleration via 160-year expansion (new branch almost every 2 weeks) — branch network 21% growth reported
+ Wealth management outsourcing to Ameriprise (Feb 2026) — reduces complexity, improves fee revenue stability
+ University of Michigan partnership (Apr 2026) — deepens regional presence with 100k+ student/faculty customer base
Key risks
- Recent earnings miss: Q4 2025 revenue $1.61B vs $2.21B expected; EPS $0.37 vs $0.40 expected — suggests guidance credibility concerns
- Macro headwinds: Middle East tensions, private credit volatility impacting bank stocks broadly; Morgan Stanley cut target from $23 to $21 citing macro pressure
- Interest rate sensitivity: Regional banks face NII pressure if rates decline; deposit competition remains intense
- Expense growth outpacing revenue: Q4 2025 showed expenses rising faster YoY, pressuring margins

Methodology

Huntington Bancshares Incorporated's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.