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Huntington Bancshares (HBAN)
NASDAQ:HBAN
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Huntington Bancshares (HBAN) AI Stock Analysis

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HBAN

Huntington Bancshares

(NASDAQ:HBAN)

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Outperform 77 (OpenAI - 4o)
Rating:77Outperform
Price Target:
$17.50
â–˛(11.54% Upside)
Huntington Bancshares' strong financial performance and positive earnings call guidance are the primary drivers of its solid stock score. While technical indicators suggest a bearish trend, the company's robust profitability and strategic growth initiatives provide a positive outlook.
Positive Factors
Revenue Growth
The 14% year-over-year revenue growth indicates strong demand for Huntington's services and effective business strategies, supporting long-term financial health.
Cash Generation
Strong cash generation ability enhances Huntington's financial flexibility, allowing for reinvestment in growth opportunities and shareholder returns.
Strategic Expansion
The strategic expansion into Texas through Veritex integration positions Huntington for market share gains in a growing region, enhancing long-term prospects.
Negative Factors
Increasing Debt Levels
Rising debt levels could strain Huntington's financial resources, potentially limiting its ability to invest in growth and manage economic downturns.
Noninterest Expense Growth
Higher noninterest expenses may pressure margins, affecting profitability if not managed effectively over the long term.
Commercial Real Estate Challenges
Declines in commercial real estate could signal broader market challenges, impacting Huntington's revenue from this segment over time.

Huntington Bancshares (HBAN) vs. SPDR S&P 500 ETF (SPY)

Huntington Bancshares Business Overview & Revenue Model

Company DescriptionHuntington Bancshares Incorporated (HBAN) is a regional bank holding company based in Columbus, Ohio, primarily engaged in providing a wide range of financial services through its subsidiaries. The company operates in the banking sector and offers retail and commercial banking, investment management, and treasury management services. Huntington serves individual consumers, small businesses, and commercial clients, providing products such as checking and savings accounts, loans, mortgages, and wealth management services.
How the Company Makes MoneyHuntington Bancshares generates revenue primarily through interest income from loans and investments, as well as non-interest income from various fees and services. The major revenue streams include interest earned on commercial and consumer loans, residential mortgages, and investment securities. Additionally, non-interest income is derived from service charges on deposit accounts, wealth management fees, and mortgage banking activities. The company has established significant partnerships with various organizations to enhance its service offerings and customer reach, contributing to its overall earnings. Furthermore, the bank benefits from a diversified portfolio of products that cater to both individual and business clients, enabling it to capitalize on different market segments.

Huntington Bancshares Earnings Call Summary

Earnings Call Date:Oct 17, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Jan 22, 2026
Earnings Call Sentiment Positive
Huntington Bancshares presented a strong performance in the third quarter, highlighted by significant growth in loans, deposits, and revenue, along with successful integration plans for Veritex. While there were some challenges, such as increased noninterest expenses and a decline in commercial real estate, the overall outlook remains positive, driven by strategic growth initiatives and strong profitability.
Q3-2025 Updates
Positive Updates
Outstanding Quarter Performance
Huntington Bancshares delivered an outstanding quarter with earnings per common share of 41¢ and adjusted EPS of 40¢, up 18% year over year.
Significant Loan and Deposit Growth
Average loan balances grew by $2.8 billion or 2% from the prior quarter, while average deposits increased by $1.4 billion or 1%.
Revenue and Profitability Increase
Revenue grew 14% year over year, adjusted PPNR increased by 16%, and tangible book value rose by 10%, while generating an adjusted ROTC above 17%.
Successful Integration and Expansion Plans
The integration of Veritex is expected to springboard growth in Texas, with plans to leverage Veritex's network and expand in Dallas, Fort Worth, and Houston.
Positive Operating Leverage
Huntington achieved 500 basis points of positive operating leverage on a trailing twelve-month adjusted basis, with full-year operating leverage expected to improve by more than 250 basis points.
Negative Updates
Modest Increase in Noninterest Expense
GAAP noninterest expense was $1.2 billion, modestly higher than prior guidance, due to revenue-related compensation from robust revenue outperformance.
Challenges in Commercial Real Estate
A $100 million decrease in commercial real estate was noted, although partially offset by gains in other areas.
Company Guidance
During the Huntington Bancshares Third Quarter 2025 Earnings Call, the company provided robust financial guidance, highlighting several key metrics. They reported a 14% year-over-year revenue growth and a 16% increase in adjusted pre-provision net revenue (PPNR), with tangible book value rising by 10%. The adjusted return on tangible common equity (ROTCE) was above 17%. For the full year, they raised their financial guidance, expecting standalone net interest income to grow by 10-11% and fee income by approximately 7%. The company anticipates achieving over 250 basis points of positive operating leverage. Huntington also projected approximately 9-9.5% loan growth inclusive of Veritex, with deposits expected to grow by 6.5-7%. Additionally, the integration of Veritex is set to provide a 30 basis points lift to ROTCE and a one percentage point improvement in the efficiency ratio. Looking forward, Huntington aims for a medium-term ROTCE target of 16-17% by 2027.

Huntington Bancshares Financial Statement Overview

Summary
Huntington Bancshares exhibits strong financial health with consistent revenue growth, robust profitability, and effective cash flow management. The balance sheet reflects a stable capital structure, though increasing debt levels should be monitored.
Income Statement
85
Very Positive
Huntington Bancshares has demonstrated consistent revenue growth, with a TTM revenue growth rate of 1.23% and a strong historical trend. The gross profit margin remains robust at 60.93% TTM, indicating effective cost management. Net profit margin is healthy at 18.05% TTM, reflecting solid profitability. EBIT and EBITDA margins are stable, supporting operational efficiency.
Balance Sheet
78
Positive
The company maintains a moderate debt-to-equity ratio of 0.79 TTM, suggesting a balanced approach to leverage. Return on equity is solid at 10.66% TTM, indicating effective use of shareholder funds. The equity ratio is stable, reflecting a strong capital structure. However, the increase in total debt over time warrants monitoring.
Cash Flow
82
Very Positive
Huntington Bancshares shows impressive free cash flow growth of 55.53% TTM, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is exceptionally high at 12.06, indicating efficient cash conversion. The free cash flow to net income ratio is nearly 1, showcasing effective cash management.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue12.31B11.96B10.78B7.95B6.08B5.24B
Gross Profit7.50B6.96B6.90B6.96B5.97B3.77B
EBITDA3.25B3.02B3.18B3.25B1.98B1.34B
Net Income2.22B1.94B1.95B2.24B1.29B817.00M
Balance Sheet
Total Assets210.23B204.23B189.37B182.91B174.06B123.04B
Cash, Cash Equivalents and Short-Term Investments13.23B17.21B13.70B7.43B6.29B7.02B
Total Debt17.57B16.57B13.01B11.71B7.44B8.54B
Total Liabilities187.94B184.45B169.97B165.14B154.75B110.05B
Stockholders Equity22.25B19.74B19.35B17.73B19.30B12.99B
Cash Flow
Free Cash Flow3.01B1.67B2.52B3.81B1.81B1.20B
Operating Cash Flow3.04B1.81B2.66B4.03B2.06B1.32B
Investing Cash Flow-9.70B-12.12B-3.00B-11.61B-3.96B-8.64B
Financing Cash Flow6.81B13.02B3.77B8.76B827.00M12.74B

Huntington Bancshares Technical Analysis

Technical Analysis Sentiment
Negative
Last Price15.69
Price Trends
50DMA
16.62
Negative
100DMA
16.61
Negative
200DMA
15.83
Negative
Market Momentum
MACD
-0.32
Negative
RSI
46.06
Neutral
STOCH
54.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBAN, the sentiment is Negative. The current price of 15.69 is above the 20-day moving average (MA) of 15.65, below the 50-day MA of 16.62, and below the 200-day MA of 15.83, indicating a neutral trend. The MACD of -0.32 indicates Negative momentum. The RSI at 46.06 is Neutral, neither overbought nor oversold. The STOCH value of 54.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HBAN.

Huntington Bancshares Risk Analysis

Huntington Bancshares disclosed 32 risk factors in its most recent earnings report. Huntington Bancshares reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Huntington Bancshares Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$24.04B10.7510.37%3.91%5.73%38.39%
76
Outperform
$21.32B10.7011.43%4.08%4.00%28.54%
72
Outperform
$28.10B12.7111.52%3.52%4.09%11.62%
71
Outperform
$23.08B10.6510.38%0.45%-3.18%-3.10%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
64
Neutral
$19.22B21.715.82%4.54%3.86%5473.29%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HBAN
Huntington Bancshares
15.69
-0.95
-5.71%
FITB
Fifth Third Bancorp
42.87
-1.75
-3.92%
FCNCA
First Citizens BancShares
1,818.84
-338.52
-15.69%
KEY
KeyCorp
18.08
-0.02
-0.11%
RF
Regions Financial
24.85
0.27
1.10%

Huntington Bancshares Corporate Events

Business Operations and StrategyM&A Transactions
Huntington Bancshares to Acquire Cadence Bank
Positive
Oct 27, 2025

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.

Huntington Bancshares’ Strong Q3 Earnings Call Highlights
Oct 21, 2025

Huntington Bancshares’ recent earnings call revealed a strong performance in the third quarter, marked by significant growth in loans, deposits, and revenue. Despite challenges such as increased noninterest expenses and a decline in commercial real estate, the overall sentiment remains positive, driven by strategic growth initiatives and robust profitability.

Business Operations and StrategyM&A Transactions
Huntington Bancshares Completes Acquisition of Veritex Holdings
Positive
Oct 20, 2025

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.

Huntington Bancshares Reports Strong Q3 2025 Growth
Oct 18, 2025

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, providing a comprehensive suite of banking, payments, wealth management, and risk management products and services across 13 states.

Dividends
Huntington Bancshares Declares Quarterly Cash Dividend
Positive
Oct 17, 2025

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.

M&A TransactionsRegulatory Filings and Compliance
Huntington Bancshares Gains Approval for Veritex Merger
Positive
Oct 3, 2025

On October 3, 2025, Huntington Bancshares and Veritex Holdings announced they received regulatory approval for their merger, with Huntington as the surviving entity. The merger, expected to close on October 20, 2025, follows Veritex shareholder approval on September 22, 2025, and is subject to customary closing conditions.

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.

Dividends
Huntington Bancshares Declares Dividend on Preferred Stock
Positive
Sep 12, 2025

On September 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, amounting to $356.25 per share, is set to be paid on December 1, 2025, to shareholders recorded by November 15, 2025. This announcement reflects Huntington’s ongoing commitment to providing returns to its shareholders, potentially enhancing investor confidence and solidifying its position in the financial 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.

Business Operations and StrategyPrivate Placements and Financing
Huntington Bancshares Issues New Series K Preferred Stock
Positive
Sep 11, 2025

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.

Business Operations and Strategy
Huntington Bancshares Joins 2025 Barclays Financial Conference
Neutral
Sep 8, 2025

Huntington Bancshares Incorporated will participate in the 2025 Barclays Global Financial Services Conference on September 8, 2025, with key executives presenting to analysts and investors. This engagement highlights Huntington’s proactive approach to investor relations and its strategic positioning within the financial services industry, potentially impacting stakeholder perceptions and market positioning.

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 29, 2025