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Huntington Bancshares
(NASDAQ:HBAN)
Huntington Bancshares (HBAN) vs. SPDR S&P 500 ETF (SPY)
Huntington Bancshares Business Overview & Revenue Model
Huntington Bancshares Earnings Call Summary
Huntington Bancshares Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.31B | 11.96B | 10.78B | 7.95B | 6.08B | 5.24B |
| Gross Profit | 7.50B | 6.96B | 6.90B | 6.96B | 5.97B | 3.77B |
| EBITDA | 3.25B | 3.02B | 3.18B | 3.25B | 1.98B | 1.34B |
| Net Income | 2.22B | 1.94B | 1.95B | 2.24B | 1.29B | 817.00M |
Balance Sheet | ||||||
| Total Assets | 210.23B | 204.23B | 189.37B | 182.91B | 174.06B | 123.04B |
| Cash, Cash Equivalents and Short-Term Investments | 13.23B | 17.21B | 13.70B | 7.43B | 6.29B | 7.02B |
| Total Debt | 17.57B | 16.57B | 13.01B | 11.71B | 7.44B | 8.54B |
| Total Liabilities | 187.94B | 184.45B | 169.97B | 165.14B | 154.75B | 110.05B |
| Stockholders Equity | 22.25B | 19.74B | 19.35B | 17.73B | 19.30B | 12.99B |
Cash Flow | ||||||
| Free Cash Flow | 3.01B | 1.67B | 2.52B | 3.81B | 1.81B | 1.20B |
| Operating Cash Flow | 3.04B | 1.81B | 2.66B | 4.03B | 2.06B | 1.32B |
| Investing Cash Flow | -9.70B | -12.12B | -3.00B | -11.61B | -3.96B | -8.64B |
| Financing Cash Flow | 6.81B | 13.02B | 3.77B | 8.76B | 827.00M | 12.74B |
Huntington Bancshares Technical Analysis
Huntington Bancshares Risk Analysis
Huntington Bancshares Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | $27.84B | 12.43 | 10.37% | 3.50% | 5.73% | 38.39% | |
80 Outperform | $24.68B | 12.38 | 11.43% | 3.74% | 4.00% | 28.54% | |
77 Outperform | $83.16B | 12.25 | 11.69% | 3.77% | 2.91% | 33.77% | |
74 Outperform | $26.47B | 12.78 | 10.38% | 0.37% | -3.18% | -3.10% | |
72 Outperform | $32.11B | 14.52 | 11.52% | 3.14% | 0.15% | 11.62% | |
69 Neutral | $22.75B | 25.86 | 5.82% | 3.90% | 3.86% | 5473.29% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Huntington Bancshares Corporate Events
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.
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.
On December 22, 2025, Huntington Bancshares and Cadence Bank announced that the Office of the Comptroller of the Currency approved the planned merger of Cadence Bank into The Huntington National Bank, clearing the final regulatory hurdle for the transaction. With all required regulatory approvals now in hand, the banks said they expect to close the merger on or about February 1, 2026, subject to shareholder approvals and other customary closing conditions, a step that would expand Huntington’s regional footprint and consolidate Cadence’s Southern and Texas franchise under the Huntington National Bank banner.
The most recent analyst rating on (HBAN) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
On December 12, 2025, Huntington Bancshares announced that its Board of Directors declared a quarterly cash dividend on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock. The dividend of $356.25 per share is set to be paid on March 2, 2026, to shareholders recorded by February 15, 2026. This announcement reflects Huntington’s ongoing commitment to providing shareholder returns and maintaining its financial stability.
The most recent analyst rating on (HBAN) stock is a Sell with a $16.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
Huntington Bancshares announced its participation in the 2025 Goldman Sachs Financial Services Conference on December 10, 2025, where key executives will present to analysts and investors. The announcement highlights the company’s strategic engagement with stakeholders and underscores its ongoing efforts to strengthen its market position amidst a backdrop of economic uncertainties and regulatory challenges.
The most recent analyst rating on (HBAN) stock is a Buy with a $19.50 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
Huntington Bancshares Incorporated has filed a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission, related to the proposed merger of Cadence Bank into The Huntington National Bank, a subsidiary of Huntington. This merger is expected to enhance Huntington’s market positioning by integrating Cadence Bank’s operations, potentially impacting stakeholders by expanding the company’s reach and operational capabilities.
The most recent analyst rating on (HBAN) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
On October 26, 2025, Huntington Bancshares Incorporated announced a merger agreement with Cadence Bank, where Cadence will merge into Huntington National Bank. The merger, approved by the boards of both companies, involves converting Cadence’s common and preferred stock into Huntington stock, with provisions for Cadence’s directors to join Huntington’s board. The merger aims to enhance Huntington’s market presence and community involvement, subject to customary conditions and regulatory approvals.
The most recent analyst rating on (HBAN) stock is a Buy with a $17.50 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
On October 27, 2025, Huntington Bancshares announced its agreement to acquire Cadence Bank, a move that will significantly expand its presence in the South and Texas. This merger is expected to create a top 10 bank with $276 billion in assets and $220 billion in deposits, enhancing Huntington’s market share in key regions and providing a platform for further growth. The transaction, valued at $7.4 billion, is anticipated to close in the first quarter of 2026, subject to regulatory and shareholder approvals. The merger aligns with Huntington’s strategy to extend its reach into high-growth markets and maintain Cadence’s community-focused banking approach.
The most recent analyst rating on (HBAN) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
On October 20, 2025, Huntington Bancshares completed its acquisition of Veritex Holdings, Inc., a Texas-based bank holding company, enhancing its presence in the Dallas-Fort Worth and Houston markets. This strategic move, which involves merging Veritex Community Bank into The Huntington National Bank, is expected to accelerate Huntington’s growth initiatives in Texas, adding 31 branches to its network and maintaining Veritex’s branch network for future expansion. The merger positions Huntington to leverage its capabilities in one of the fastest-growing economies in the U.S., with plans to convert Veritex customer accounts to Huntington’s systems by the first quarter of 2026.
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.
On October 17, 2025, Huntington Bancshares Incorporated announced that its Board of Directors declared a quarterly cash dividend on the company’s common stock of $0.155 per share, which remains unchanged from the previous quarter. Additionally, the Board declared quarterly cash dividends on six series of its preferred stock, with all dividends payable in January 2026. This announcement reflects Huntington’s ongoing commitment to providing consistent returns to its shareholders and underscores its stable financial position within the banking industry.
The most recent analyst rating on (HBAN) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.