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Huntington Bancshares shareholders approve Cadence Bank merger

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Huntington Bancshares shareholders approve Cadence Bank merger

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

On January 6, 2026, Huntington Bancshares and Cadence Bank shareholders overwhelmingly approved the planned merger of Cadence into The Huntington National Bank, as well as the issuance of Huntington common stock needed to complete the deal. At Huntington’s special meeting that day, about 77% of eligible shares were represented, with roughly 99% of votes cast backing the share issuance proposal and about 95% supporting a potential adjournment authority that ultimately was not needed, clearing a major governance hurdle for the transaction. The approval moves the banks closer to combining their regional franchises into a larger, more geographically diverse institution, with management from both sides highlighting the opportunity to broaden their footprint, deepen community-focused, relationship banking, and pursue enhanced growth in customer reach and shareholder value as they work toward closing, targeted for February 1, 2026, subject to remaining customary conditions.

The most recent analyst rating on (HBAN) stock is a Buy with a $21.00 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.

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 $223 billion regional bank holding company headquartered in Columbus, Ohio. Through The Huntington National Bank and its affiliates, founded in 1866, it offers a broad suite of banking, payments, wealth management and risk management services to consumers, small and middle-market businesses, corporations, municipalities and other organizations, operating more than 1,000 branches across 14 U.S. states. Cadence Bank is a $53 billion regional bank with more than 390 locations across the South and Texas, providing comprehensive banking, investment, trust and mortgage services to individuals, businesses and corporations.

Average Trading Volume: 28,685,628

Technical Sentiment Signal: Buy

Current Market Cap: $28.16B

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

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