Huntington Bancshares cuts annual net interest income growth outlook

Huntington Bancshares

16/09/2026 12:10

 
** Shares of lender Huntington Bancshares HBAN.O marginally down in premarket trading
** HBAN discloses updated financial targets ahead of its participation in the Barclays Global Financial Services Conference
** Bank cuts FY26 net interest income (NII) growth outlook to about 35%, from 39%-43%, based on an FY25 NII baseline of $6.06 bln
** Says higher-for-longer rates and competitive dynamics are pressuring deposit costs
** Cuts FY26 implied revenue growth forecast to about 34% from about 37%, based on an FY25 revenue baseline of $8.28 bln
** Meanwhile, investors await the Federal Reserve's interest-rate decision at 2 p.m. ET, with traders pricing in a nearly 93% chance of a rate hike, according to CME FedWatch Tool
** 14 of 20 analysts rate the stock "strong buy" or "buy" and six "hold"; their median PT is $21 — data compiled by LSEG
** As of last close, stock down 3.5% YTD

(Reporting by Pragyan Kalita in Bengaluru)
((Pragyan.Kalita@thomsonreuters.com;))