Huntington Rewards Shareholders With Higher 2027 Buyback Plan

Huntington Bancshares (HBAN) announced $550 million in share repurchases for 2026 and $1.3-$1.4 billion for 2027, marking a $200 million increase in its buyback commitment. The expanded program reflects a recalibrated loan-growth outlook of 6%, down from previous expectations of 8%-9%.

The bank maintains $16 billion in liquidity and has $2.95 billion remaining under its $3 billion repurchase authorization. Management cited stronger-than-expected revenue synergies from its Veritex and Cadence acquisitions as drivers supporting both earnings growth and enhanced shareholder returns.

The shift toward heavier capital returns signals management's view that buybacks offer better value than organic loan growth in the current environment. The reduced loan-growth target suggests caution on credit demand or appetite, redirecting cash flow to shareholders instead.