Reduced Leverage And Increased Expected Losses Dogging Huntington Bancshares [Seeking Alpha]
Huntington Bancshares Incorporated (HBAN)
Last huntington bancshares incorporated earnings: 4/23 07:30 am
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US:NASDAQ Investor Relations:
huntington-ir.com
Company Research
Source: Seeking Alpha
SummaryHuntington posted a decent pre-provision beat, but the huge provisioning expense overshadowed that positive development.Management has built reserves to over 1.9% of loans, including 20% reserves against the loan book, and management warned that the energy sector could be weak for years.Huntington management will be moving forward with a more organized cost-reduction plan, and some pre-provision growth is still likely over the next few quarters, but operating leverage is diminished.Huntington shares look too cheap even on the assumption of sub-3% long-term earnings growth, but other regional banks of similar quality trade at discounts to tangible book.I'm worried that Huntington Bancshares (HBANafter fourth quarter earningsOnce again, I find my argument for Huntington largely revolving around "it's not really as bad as the price says it is". I think management is being "prudently aggressive" in building reserves, particularly against the energy book, and I do think there will b
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HBAN
News
- Huntington Bancshares (HBAN) had its price target lowered by Jefferies Financial Group Inc. from $22.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
- Morgan Stanley Raises Huntington Bancshares (HBAN) Target, Cites Bank Sector Tailwinds [Yahoo! Finance]Yahoo! Finance
- Huntington Bancshares price target raised to $23 from $21 at Morgan Stanley [Yahoo! Finance]Yahoo! Finance
- Huntington Bancshares (HBAN) had its price target raised by Morgan Stanley from $21.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
- Huntington Bank Opens Flagship Branch in Winston-Salem [Yahoo! Finance]Yahoo! Finance
HBAN
Earnings
- 1/22/26 - Miss
HBAN
Sec Filings
- 3/4/26 - Form 4
- 3/4/26 - Form 4
- 3/4/26 - Form 4
- HBAN's page on the SEC website