Huntington Bancshares Issues Supplemental Disclosures for Cadence Merger

An update from Huntington Bancshares ( (HBAN) ) is now available.

On October 26, 2025, Huntington Bancshares entered into a merger agreement under which Cadence Bank will merge into its subsidiary, The Huntington National Bank, with Huntington National Bank as the surviving institution; the deal received unanimous board approval at both banks, and joint proxy materials were filed with regulators ahead of shareholder votes scheduled for January 6, 2026. Following the merger announcement, two shareholder lawsuits and additional demand letters challenged the adequacy of disclosures in the joint proxy statement/prospectus, prompting Huntington and Cadence—while denying any wrongdoing or legal necessity—to issue supplemental disclosures detailing valuation assumptions, peer and transaction multiples, advisory fees and executive post‑merger arrangements in an effort to reduce litigation risk and avoid delays to closing, underscoring the heightened legal and disclosure scrutiny around U.S. bank M&A.

The most recent analyst rating on (HBAN) stock is a Buy with a $20.50 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.

HBAN scores well primarily on strong financial performance (healthy profitability and exceptional cash conversion) and a positive earnings outlook with raised guidance and strong ROTCE. Technicals also support the score with an established uptrend, though momentum is close to stretched. Valuation is supportive with a reasonable P/E and a solid dividend yield.

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

More about Huntington Bancshares

Huntington Bancshares Incorporated is a U.S. regional banking company, with The Huntington National Bank as its principal subsidiary, providing retail and commercial banking services. Cadence Bank is a Mississippi-chartered regional bank, and the planned merger between Cadence and Huntington National Bank reflects ongoing consolidation in the U.S. regional banking sector as institutions seek scale, broader geographic reach and enhanced competitiveness in a more heavily regulated environment.

Average Trading Volume: 30,152,740

Technical Sentiment Signal: Buy

Current Market Cap: $27.94B

See more data about HBAN stock on TipRanks’ Stock Analysis page.