Huntington Bancshares Cuts 2027 Outlook as Margin, Loan Growth Pressures Mount
Huntington Bancshares has reduced its 2027 earnings per share outlook to $1.75–$1.83, citing higher funding costs, deposit competition, and loan growth challenges. The bank expects organically driven loan growth to slow to approximately 6% from prior expectations of 8%–9%. Commercial real estate paydowns, mortgage weakness, and reduced indirect-auto production are adding to pressure.
Net interest margins are projected to remain in the low-to-mid 3.20% range through 2027. To offset these factors, Huntington plans to increase its 2027 share repurchase program by $200 million, reaching between $1.3–$1.4 billion.
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