Weekly Recap: Q2 results and Morgan Stanley cut to Equal-Weight, PT $19

Huntington Bancshares Incorporated (NASDAQ:HBAN) posted strong Q2 2026 results with GAAP net income $727M ($0.33), adjusted $843M ($0.39), revenue ~$2.86B and 42% loan growth, while Morgan Stanley cut HBAN to Equal-Weight and trimmed its $21 to $19 price target.

Previous Week Recap

• HBAN Q2 2026 Highlights: HBAN Q2 2026: GAAP net income $727M ($0.33), adjusted $843M ($0.39). Revenue ~$2.86B (+46%). NII $2.05B, NIM 3.21%. Avg loans $189.3B (+42.1%), deposits $223.4B (+36.7%). $159M buybacks.
• HBAN Rating Cut By Morgan Stanley: Morgan Stanley cut Huntington Bancshares (HBAN) to Equal-Weight and lowered its price target to $19.00 from $21.00.

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