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© 2026 Benzinga | All Rights Reserved
July 24, 2023 2:40 PM 1 min read

Huntington Bancshares Q2 Earnings Gets Mixed Analysts Reactions

by Lekha Gupta Benzinga Editor
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Analysts have mostly mixed reactions to Huntington Bancshares Inc.'s  (NASDAQ:HBAN) second-quarter 2023 earnings results.

Last week, Huntington reported second-quarter revenues of $1.84 billion, broadly in line with the consensus, while EPS of $0.35 beat the consensus of $0.34.

The company reduced the 2023 guidance for net interest income to up 3%-5% from 6%-9% and Noninterest Income to down 2%-4% from a flat-to-down 2%.

Check out other analyst stock ratings. 

The Raymond James analyst raised the price target to $15 from $14 with a Strong Buy rating.

Stephens & Co. analyst Terry McEvoy increased the price target to $13 from $12 with an Equal-Weight rating. He raised the 2023 and 2024 operating EPS estimates to $1.35 from $1.25 and $1.15 from $1.05, respectively. 

RBC Capital Markets analyst Jon G. Arfstrom maintained the price target at $14 with an Outperform rating. His revised estimates were for 2023 EPS of $1.42 from $1.43 and 2024 EPS of $1.42 from $1.48.

HBAN Price Action: Huntington Bancshares is trading higher by 3.06% at $12.14 on the last check Monday.

Read Next: What's Going On With Clear Secure Stock Monday?

Photo: Unsplash

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Posted In:
EquitiesLarge CapNewsPrice TargetReiterationMarketsAnalyst RatingsBriefsExpert IdeasRaymond JamesRBC Capital Markets
HBAN Logo
HBANHuntington Bancshares Inc
$15.45-0.19%
Overview
HBAN Logo
HBANHuntington Bancshares Inc
$15.45-0.19%
Overview
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