Huntington Bancshares Incorporated (HBAN)

U.S. bank M&A hit a four-year high in July, with $10.83B in deals, fueled by looser rules and optimism under the Trump administration.

Huntington Bancshares (HBAN 0.84%) reported second quarter 2025 results on July 18, 2025, featuring earnings per share (EPS) of $0.34 and sequential growth in average loans and deposits of $2.3 billion (1.8%) and $1.8 billion (1.1%), respectively. Loan growth exceeded internal forecasts, prompting increases in full-year loan growth guidance (now 6% to 8%), while the upcoming Veritex acquisition was described as a significant catalyst for Texas market expansion.

Here is what you may have missed on Asking for a Trend on Friday, July 18. Huntington Bancshares chairman, president, and CEO Steve Steinour joined the program to talk about the company's second quarter results and Veritex acquisition.

COLUMBUS, Ohio , July 18, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter.  The common stock cash dividend is payable October 1, 2025, to shareholders of record on September 17, 2025.

Huntington Bancshares Incorporated (NASDAQ:HBAN ) Q2 2025 Earnings Conference Call July 18, 2025 9:00 AM ET Company Participants Brantley J. Standridge - Senior EVP and President of Consumer & Regional Banking Brendan A.

Huntington Bancshares (HBAN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

We like taking profits after a 20%+ gain, backing out the initial investment plus 25% of the profit and letting the rest run as a house position. Huntington Bancshares Incorporated delivered solid Q2 results with reliable growth in net income, loans, deposits, and net interest margin, outperforming many regional peers. Asset quality improved in Q2 with lower net charge-offs and a strong allowance for credit losses, supporting the bank's efficiency and stability.

HBAN's Q2 EPS rises to 38 cents, matching estimates, as NII climbs 12% despite higher costs and weaker fee income.

Although the revenue and EPS for Huntington Bancshares (HBAN) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Q2 Results Highlighted by Growth in Key Strategic Fee Revenues and Net Interest Income, Driven by Strong Loan Growth and Expanded Net Interest Margin 2025  Second-Quarter Highlights: Earnings per common share (EPS) for the quarter was $0.34, unchanged from the prior quarter, and $0.04 higher than the year-ago quarter. The quarter included $0.04 of impact to EPS resulting from a $58 million decrease in pre-tax earnings from a securities repositioning and Notable Items that decreased pre-tax earnings by $3 million.

BOSTON , July 16, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its Aerospace, Defense, Government, & Security (ADGS) Annual Report & M&A Outlook, finding that the U.S. Aerospace and Defense Industry deal activity increased in 2024, outperforming broader M&A market levels. Secor public company earnings growth also surpassed benchmarks.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Veritex Holdings, Inc. (NasdaqGM: VBTX) to Huntington Bancshares Incorporated (NasdaqGS: HBAN). Under the terms of the proposed transaction, shareholders of Veritex will receive 1.95 shares of Huntington for each share of Veritex that they own. KSF is seeking to determine whether this consideration.

Live Updates Live Coverage Updates appear automatically as they are published. Upgrades and Downgrades for Bank Stocks 9:23 am Ticker Company Analyst Firm Rating (Unchanged) New Price Target (Old) Reasons C Citigroup Barclays Overweight $100 ($95) Q2 earnings beat estimates; NII ahead, though fees worse; pointed to 2025 revenues at high-end of guidance, offset by slight expense increase. C Citigroup Morgan Stanley Overweight $107 ($103) High-quality EPS beat; raised guidance; doubled share repurchases to at least $4B in Q3; expects 10% ROTCE in 2026. C Citigroup Piper Sandler Overweight $104 ($84) Increasing EPS estimates post-Q2; story checks all right boxes as a winner this quarter. JPM JPMorgan Morgan Stanley Equal Weight $298 ($296) Strong 11% EPS beat vs. consensus; raised NII guidance; highlighted potential uses of excess capital, including inorganic opportunities (high bar). BK BNY Mellon Morgan Stanley Overweight $101 ($95) 11% EPS beat driven by fees and NII; sixth straight quarter of positive operating leverage; early success in platform’s operating model. HWC Hancock Whitney Piper Sandler Overweight $72 ($70) Strong Q2 driven by ~6% LQA loan growth, enhanced asset quality, and strategic progress with Sabal Trust acquisition. NIC Nicolet Bankshares Piper Sandler Neutral $140 ($122.50) Q2 exceeded expectations via stronger NII (7% PPNR upside); impressive profitability (1.5%+ ROA, mid-teens ROTCE); outlook for low-to-mid-single digit growth, NIM expansion, efficiencies, benign credit. VBTX Veritex Holdings Piper Sandler Overweight Neutral Upside realized with market’s positive reaction to merger announcement with Huntington Bancshares (HBAN). A look at Banks pre-market 8:23 am JP Morgan (JPM): Up .18% Goldman Sachs (GS): Up 1.07% CitiGroup (C): Up .39% Bank of America (BAC): Up 1.11% Wells Fargo (WFC): Down .20% Morgan Stanley Q2 Numbers 7:42 am by Eric Bleeker Morgan Stanley Q2’25 Earnings Highlights: • Adj. EPS: $2.13 ; UP +17% YoY • Revenue: $16.8B ; UP +12% YoY • Adj. Gross Margin: 28.0% ; UP +100 bps YoY • Net Income: $3.5B ; UP +15% YoY Q2 Segment Performance: • Institutional Securities Revenue: $7.6B ; UP +9% YoY • Wealth Management Revenue: $7.8B ; UP +14% YoY • Investment Management Revenue: $1.6B ; UP +12% YoY Other Key Q2 Metrics: • Adj. Operating Income: $4.6B ; UP +13% YoY • Adj. Operating Expenses: $11.9B ; UP +10% YoY • Effective Tax Rate: 22.7% (vs. 23.5% YoY) • Book Value per Share: $61.59; UP +8% YoY • Tangible Book Value per Share: $47.25; UP +12% YoY • Return on Equity: 13.9%; UP +90 bps YoY • Return on Tangible Common Equity: 18.2%; UP +70 bps YoY • Compensation Expense: $7.2B; UP +11% YoY • Non-compensation Expenses: $4.8B; UP +9% YoY • Common Stock Repurchases: $1.0B • Number of Shares Repurchased: 8M • Average Price of Shares Repurchased: $123.22 CEO Commentary: – Ted Pick: “Morgan Stanley delivered another strong quarter. Six sequential quarters of consistent earnings – $2.02, $1.82, $1.88, $2.22, $2.60 and $2.13 – reflect higher levels of performance in different market environments. Institutional Securities saw strength and balance across businesses and geographies. Wealth continues to deliver, adding $59 billion of net new assets and $43 billion of fee-based flows. Total client assets across Wealth and Investment Management reached $8.2 trillion. We announced an increase of our quarterly common stock dividend to $1.00 per share with flexibility to deploy incremental capital. The management team is executing across the Integrated Firm, acting as a trusted advisor to clients and driving durable growth and long-term returns for our shareholders.” Strategic Updates: – The Board of Directors reauthorized a multi-year common equity share repurchase program of up to $20 billion, without a set expiration date, beginning in the third quarter of 2025. Earnings Are Out 7:39 am by Eric Bleeker Morgan Stanley earnings are out – second quarter EPS is $2.13. That’s above Wall Street expectations of $1.98. We will continue providing analysis in this live article. Still No Morgan Stanley Earnings 7:20 am by Eric Bleeker We still don’t have Morgan Stanley’s earnings out, but Bank of America’s have been released. The company beat on the bottom line but slightly missed on revenue. Shares are up 1.5% in premarket trading. Before Today's Earnings: A Look Back at Q1 7:00 am by Eric Bleeker With Morgan Stanley about to report its Q2 earnings, let’s look back at some key figures from their Q1 report. $MS | Morgan Stanley Q1’25 Earnings Highlights: • Adj. EPS: $2.60 • Revenue: $17.7B Q1 Segment Performance: • Institutional Securities Revenue: $9.0B ; UP +28% YoY • Wealth Management Revenue: $7.3B ; UP +15% YoY • Investment Management Revenue: $1.6B ; UP +16% YoY Other Key Q1 Metrics: • Effective Tax Rate: 21% (vs. 22% YoY) • CET1 Ratio: 15.3% CEO Commentary: – Edward N. Pick: “The Firm delivered a very strong quarter with $17.7 billion in revenue, $2.60 in EPS and a 23% return on tangible. Wealth added $94 billion of net new assets, bringing the Firm total to $7.7 trillion. Equities had a record $4 billion-plus quarter, which led to strong results across institutional securities. Morgan Stanley delivered returns while supporting clients, buying back stock opportunistically and building $2 billion of capital.” CFO Commentary: – Sharon Yeshaya: “The firm produced record revenues of $17.7 billion and EPS of $2.60 with a strong ROTCE of 23%. The results demonstrate the power of advice and supporting clients as the intermediary of capital across products and geographies, particularly during periods of uncertainty.” Strategic Updates: – The firm continues to invest in technology and automation to enhance operational efficiency and client service capabilities, while maintaining a disciplined approach to capital allocation amidst market volatility. Morgan Stanley (NYSE: MS) reports before the bell today. Large financial companies struggled yesterday. Stocks in the Financials sector declined 1.71%. Both Wells Fargo (NYSE: WFC) and BlackRock (NYSE: BLK) saw particularly steep declines after reporting earnings. Will Morgan Stanley plummet as well? We’ll be updating this live article with analysis after the company’s earnings drop. Let’s take a look at the need-to-know figures Wall Street is watching. Q2 Earnings Expectations Here are the key figures Wall Street is expecting when Morgan Stanley’s earnings release: Revenue: $16.02 billion EPS (Normalized): $1.98 Book Value/Share: $61.38 Net Income (GAAP): $3.14 Billion Key Areas to That Could Drive Today’s Performance What areas will determine whether Morgan Stanley’s stock rises or falls after today’s earnings release and conference call (scheduled for 8:30 a.m. ET). Wealth Management Margins: Last quarter normalized pre-tax margins for Wealth Management came in below their target (30 to 32%). With net interest income (NII) on the decline and exepnse pressures, any continued margin pressure in this unit could cause Morgan Stanley’s stock to sell off today. How Significant is NII Pressure: Wells Fargo shares fell yesterday on NII pressure and Morgan Stanley came in below many peers last quarter. If the company sees NII continue to trend down, it could be the primary area Wall Street focuses on today. Investment Banking Rebound: Investment banking was a bright spot in the first quarter. If Morgan Stanley speaks bullishly about its pipeline headed into the second half of the year and 2026, that could be a share price catalyst today. The post Live Earnings Updates: Morgan Stanley (NYSE: MS) Earnings Release Before the Bell appeared first on 24/7 Wall St..

Live Updates Live Coverage Updates appear automatically as they are published. Today's Wall Street Updates on Bank Stocks 9:20 am Ticker Company Analyst Firm Rating (Unchanged) New Price Target (Old) Reasons C Citigroup Barclays Overweight $100 ($95) Q2 earnings beat estimates; NII ahead, though fees worse; pointed to 2025 revenues at high-end of guidance, offset by slight expense increase. C Citigroup Morgan Stanley Overweight $107 ($103) High-quality EPS beat; raised guidance; doubled share repurchases to at least $4B in Q3; expects 10% ROTCE in 2026. C Citigroup Piper Sandler Overweight $104 ($84) Increasing EPS estimates post-Q2; story checks all right boxes as a winner this quarter. JPM JPMorgan Morgan Stanley Equal Weight $298 ($296) Strong 11% EPS beat vs. consensus; raised NII guidance; highlighted potential uses of excess capital, including inorganic opportunities (high bar). BK BNY Mellon Morgan Stanley Overweight $101 ($95) 11% EPS beat driven by fees and NII; sixth straight quarter of positive operating leverage; early success in platform’s operating model. HWC Hancock Whitney Piper Sandler Overweight $72 ($70) Strong Q2 driven by ~6% LQA loan growth, enhanced asset quality, and strategic progress with Sabal Trust acquisition. NIC Nicolet Bankshares Piper Sandler Neutral $140 ($122.50) Q2 exceeded expectations via stronger NII (7% PPNR upside); impressive profitability (1.5%+ ROA, mid-teens ROTCE); outlook for low-to-mid-single digit growth, NIM expansion, efficiencies, benign credit. VBTX Veritex Holdings Piper Sandler Overweight Neutral Upside realized with market’s positive reaction to merger announcement with Huntington Bancshares (HBAN). NII Projected to $15.5B to $15.7B by Q4 7:25 am by Eric Bleeker This banking earnings season has been dominated by how banks are guiding net interest income, and Bank of America guided to $15.5B to $15.7B in Q4. That will likely be a number that analysts focus on in the company’s conference call which starts shortly. The Two Numbers to Watch 7:16 am by Eric Bleeker Bank of America just delivered $.89 in adjusted EPS versus estimates of $.86. Revenue came in at $26.5 billion, which is slightly below expectations of $26.73 billion in revenue. Shares are initially up 1.45% in premarket trading. BAC Earnings Are Out 7:10 am by Eric Bleeker We’ll continue digging through the numbers but here are the main highlights. Bank of America Q2’25 Earnings Highlights • Adj. EPS: $0.89 ; UP +7% YoY • Revenue: $26.5B ; UP +4% YoY • Adj. Gross Margin: 55.4% ; UP +20 bps YoY • Net Income: $7.1B ; UP +3% YoY • Provision for Credit Losses: $1.6B; UP +7% YoY • Noninterest Expense: $17.2B; UP +5% YoY • Average Deposits: $1.97T; UP +3% YoY • Average Loans and Leases: $1.13T; UP +7% YoY • Return on Average Common Shareholders’ Equity: 10.0% • Book Value per Common Share: $37.13; UP +8% YoY • Tangible Book Value per Common Share: $27.71; UP +9% YoY Outlook: • Revenue: $27.0B ±2% – The outlook reflects continued growth in net interest income driven by deposit growth and loan demand, despite potential headwinds from lower interest rates. – Management expects to maintain strong asset quality and capitalize on market opportunities in investment banking and trading. **Q2 Segment Performance:** • Consumer Banking Revenue: $10.8B ; UP +6% YoY • Global Wealth and Investment Management Revenue: $5.9B ; UP +7% YoY • Global Banking Revenue: $5.7B ; DOWN -6% YoY • Global Markets Revenue: $6.0B ; UP +10% YoY **Other Key Q2 Metrics:** • Adj. Operating Income: $9.3B; UP +2% YoY • Adj. Operating Expenses: $17.2B; UP +5% YoY • Effective Tax Rate: 7% (vs. 9% YoY) • Total Assets: $3.44T; UP +6% YoY • Total Deposits: $2.01T; UP +5% YoY • Total Loans and Leases: $1.15T; UP +9% YoY **CEO Commentary:** – Brian Moynihan: “We delivered another solid quarter, with earnings per share up seven percent from last year. Net interest income grew for the fourth straight quarter, reflecting eight consecutive quarters of deposit growth and seven percent year-over-year loan growth. Consumers remained resilient, with healthy spending and asset quality, and commercial borrower utilization rates rose. In addition, we saw good momentum in our markets businesses. So far this year, we have supplied more capital to our businesses and returned 40 percent more capital to shareholders in the first half of this year than last year.” **CFO Commentary:** – Alastair Borthwick: “We believe our second quarter results underscore the strength of our balance sheet and help demonstrate that we are well-positioned to support the broader economy. Asset quality remained strong, with net charge-offs at $1.5 billion for the sixth consecutive quarter. Consumer delinquencies have been stabilizing, while card net charge-offs improved year-over-year and commercial nonperforming loans declined sequentially. In addition, we delivered strong loan and deposit growth and maintained our disciplined pricing.” **Strategic Updates:** – Continued investment in technology and digital platforms to enhance customer experience and operational efficiency. The bank aims to leverage its digital capabilities to drive growth in consumer and small business segments. A Look Back at Bank of America's First Quarter 6:50 am by Eric Bleeker Before Bank of America reports its second-quarter earnings, let’s look back at how they fared in the prior quarter. Bank of America Q1’25 Earnings Highlights: • Adj. EPS: $0.90 ; UP +18% YoY • Revenue: $27.5B ; UP +6% YoY • Net Income: $7.4B ; UP +11% YoY • Return on Assets: 0.89%; UP +3 bps YoY • Return on Tangible Common Equity: 14%; UP +100 bps YoY • Deposits: Nearly $2 trillion; UP +8% from mid-2023 low Outlook: – Expectation for continued growth in net interest income (NII) driven by fixed-rate asset repricing and loan growth. – Anticipate stable deposit growth despite potential economic headwinds. Q1 Segment Performance: • Consumer Banking Revenue: $10.5B ; UP +3% YoY • Wealth Management Revenue: $6B ; UP +8% YoY • Global Banking Revenue: $6B ; Flat YoY • Global Markets Revenue: $5.6B ; UP +9% YoY Other Key Q1 Metrics: • Adj. Operating Expenses: $17.8B; UP +3% YoY • Effective Tax Rate: 9% (vs. 9% YoY) • Net Charge-Offs: $1.45B; Charge-Off Ratio: 54 bps • Provision Expense: $1.5B; Matches net charge-offs • Tangible Book Value per Share: $27.12; UP +9% YoY • Share Repurchases: $4.5B; Common Dividends: $2B CEO Commentary: – Brian Moynihan: “Given the recent events, we want to provide a clear picture of how well the fundamentals of the company performed to produce another good quarter of earnings in the first quarter of 2025. We saw good organic client activity, good growth in revenue and earnings, and we continue to invest in the future growth of our company.” CFO Commentary: – Alastair M. Borthwick: “We generated $7.4 billion in net income or $0.90 per diluted share this quarter, and that represents good growth over both last quarter and the year earlier period. Noninterest expense was $17.8 billion, up from the fourth quarter, driven by seasonally elevated payroll taxes and markets revenue-related costs of processing and incentives.” Strategic Updates: – Continued investment in commercial banking and wealth management to drive organic growth. – Focus on enhancing digital capabilities and customer engagement, with significant growth in digital interactions and sales. Bank of America (NYSE: BAC) is reporting earnings this morning and we’ll be updating this article with live analysis once results hit. Yesterday, companies like Wells Fargo (NYSE: WFC) and BlackRock (NYSE: BLK) reported earnings that broadly beat expectations, but still saw their shares fall. One reason for the drops: financial stocks have generally seen a strong 2025 year-to-date. Wells Fargo was up more than 18% headed into earnings, so poor interest income guidance was enough to sink the stock. Bank of America has lagged many of its peers, with ‘just’ a 4% return year-to-date. So, the stock may be able to see stronger performance if its results top Wall Street expectations. What Wall Street Expects When Bank of America Reports Here are the key figures to watch when Bank of America reports shortly: Revenue: $26.73 billion EPS (Normalized): $.86 Net Income (GAAP): $6.51 billion Book Value/Share: $36.85 3 Key Areas to Watch in Bank of America’s Conference Call Bank of America is hosting its conference call at 8 a.m. ET. Here are some key areas Wall Street will be watching: Net Interest Income Pressure: Wells Fargo’s shares fell today on NII pressure. It’s likely that Wall Street will be zeroed in on how much lower short-term rates could impact Bank of America’s net interest in the second half of the year. Revenue Growth and Expense Management: With sluggish growth projected in 2025, Bank of America can continue to grow profitability by keeping expense management in check and growing operating leverage. Investment Banking Trends: Bank of America saw stronger investment banking business last quarter. Was the bounce temporary or the beginning of sustained growth in the division? The post Live: Will Bank of America (NYSE: BAC) Soar After Earnings? appeared first on 24/7 Wall St..

HBAN announces a $1.9 billion all-stock definitive agreement to acquire Veritex, aiming to expand in the Dallas/Fort Worth and Houston areas.

Investors interested in stocks from the Banks - Midwest sector have probably already heard of Huntington Bancshares (HBAN) and Commerce Bancshares (CBSH). But which of these two stocks is more attractive to value investors?