Huntington Bancshares Issues New Series K Preferred Stock

The latest update is out from Huntington Bancshares ( (HBAN) ).

On September 10, 2025, Huntington Bancshares Incorporated filed articles supplementary to establish a new series of preferred stock, the 6.250% Series K Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share. This move, effective the same day, was part of an underwriting agreement with several financial institutions, leading to the sale of 750,000 depositary shares. The Series K Preferred Stock ranks on parity with several existing preferred stocks and senior to common stock, with dividends payable quarterly. The issuance aims to strengthen the company’s capital structure, potentially impacting its financial stability and attractiveness to investors.

The most recent analyst rating on (HBAN) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.

Spark’s Take on HBAN Stock

According to Spark, TipRanks’ AI Analyst, HBAN is a Outperform.

Huntington Bancshares is well-positioned for growth with strong financial performance, positive technical indicators, and strategic initiatives. The earnings call provided confidence in future growth prospects, while the valuation remains reasonable. Investors should monitor operational costs and cash flow efficiency.

To see Spark’s full report on HBAN stock, click here.

More about Huntington Bancshares

Huntington Bancshares Incorporated is a financial services company operating in the banking industry, offering a range of banking and financial products and services.

Average Trading Volume: 31,282,216

Technical Sentiment Signal: Buy

Current Market Cap: $25.89B

For a thorough assessment of HBAN stock, go to TipRanks’ Stock Analysis page.