New York, May 31, 2026, 16:02 (EDT)
Huntington Bancshares Inc. shares finished Friday at $16.36, up 24 cents, or 1.49%, on volume of 40.56 million, more than double the 20.44 million average. With U.S. markets closed Sunday, that’s the last move investors have before trading resumes.
The timing is key here, with the move landing at the close of a holiday-shortened week and right before a June stretch that could drive bank stocks. Nasdaq’s 2026 calendar showed U.S. equity markets shut for Memorial Day on May 25, and May 31 landed on a Sunday, which meant there was no new cash-market session for additional trading.
Huntington rose 2.76% in the last five sessions as of Friday, but shares are still off 5.71% for the year. The recent move helps the short-term chart, but long-term damage isn’t fixed.
Banks got a lift from the broader market as major U.S. indexes rose Friday. The S&P 500 logged its ninth week of gains. The Dow, S&P 500, and Nasdaq all finished up.
Huntington Bancshares Incorporated is adding to its schedule. The group held a presentation at the Sanford Bernstein Strategic Decisions Conference on May 28. CFO Zach Wasserman and Brant Standridge, president of Consumer and Regional Banking, are set to speak at the Morgan Stanley U.S. Financials Conference on June 9. They plan to cover business trends, financial performance and strategy.
Huntington Bancshares shares are still reacting to its April earnings update, which investors saw as a clearer look at the underlying business after factoring out deal costs. The Columbus-based bank posted net income of $523 million for the first quarter. Earnings per share hit 25 cents, with adjusted EPS at 37 cents. That adjusted number takes out certain items the company doesn’t view as part of regular business. Net interest income was up 33% year over year. CEO Steve Steinour said the bank’s “core is performing very well” and credit “remains strong.” Huntington Bancshares Incorporated
Integration remains in focus. Huntington said in April it finished converting Veritex systems back in mid-January and wrapped up the Cadence Bank partnership on Feb. 1. The Cadence integration should close in the second quarter.
Huntington outpaced other regionals Friday. KeyCorp gained 0.05%, Fifth Third Bancorp ticked up 0.06%, and Regions Financial finished 0.65% higher, market data showed.
Focus this week is likely more on rates than on Huntington. The May payrolls report lands June 5, with forecasts at 85,000 jobs and a 4.3% unemployment rate. Liz Ann Sonders from the Schwab Center for Financial Research said a weaker number could cool worries that the Fed goes for a hike, which would push rates higher.
The bears see it pretty clearly. Stronger jobs data, a new inflation worry, or tensions again with Iran could send Treasury yields up. That would likely hurt demand for bank stocks that move with rates. Reuters talked to Baird investment strategy analyst Ross Mayfield, who said, “I don’t expect the Fed to do much of anything,” but Reuters also said policymakers are still talking about inflation risk. Reuters
Huntington Bancshares will pay a 15.5 cent quarterly dividend per common share, the board said. Shareholders of record as of June 17 get paid on July 1.
Investors face a straightforward situation now: Friday’s surge saw heavy volume, but the year-to-date chart is still in the red. June brings two check-ins — first the labor report, then management’s event at Morgan Stanley. The stock is holding ground, though the debate isn’t finished.
