NasdaqGS:HBANBanks
Huntington (HBAN) Is Down 5.9% After Outsourcing Wealth Unit And Issuing 2027 Guidance - Has The Bull Case Changed?
In February 2026, Huntington Bancshares announced it will outsource its approximately US$28.00 billion wealth management business to Ameriprise, while recent disclosures show no shares were repurchased under its 2025 buyback authorization and the bank issued 2027 guidance of about US$12.60 billion in revenue with earnings per share of US$1.90–US$1.93.
This reshaping of Huntington’s wealth offering and board, through the addition of former Cadence Bank directors, marks a meaningful shift in...