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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 12.48B | 11.96B | 10.78B | 7.95B | 6.08B |
| Gross Profit | 7.70B | 6.96B | 6.90B | 6.96B | 5.97B |
| EBITDA | 2.69B | 3.02B | 3.18B | 3.25B | 1.98B |
| Net Income | 2.21B | 1.94B | 1.95B | 2.24B | 1.29B |
Balance Sheet | |||||
| Total Assets | 225.11B | 204.23B | 189.37B | 182.91B | 174.06B |
| Cash, Cash Equivalents and Short-Term Investments | 27.91B | 17.21B | 13.70B | 7.43B | 6.29B |
| Total Debt | 18.48B | 16.57B | 13.01B | 11.71B | 7.44B |
| Total Liabilities | 200.73B | 184.45B | 169.97B | 165.14B | 154.75B |
| Stockholders Equity | 24.34B | 19.74B | 19.35B | 17.73B | 19.30B |
Cash Flow | |||||
| Free Cash Flow | 2.28B | 1.67B | 2.52B | 3.81B | 1.81B |
| Operating Cash Flow | 2.54B | 1.81B | 2.66B | 4.03B | 2.06B |
| Investing Cash Flow | -8.38B | -12.12B | -3.00B | -11.61B | -3.96B |
| Financing Cash Flow | 6.49B | 13.02B | 3.77B | 8.76B | 827.00M |
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 |
|---|---|---|---|---|---|---|---|
78 Outperform | $84.43B | 10.95 | 12.16% | 3.77% | 2.91% | 33.77% | |
72 Outperform | $23.95B | 11.00 | 11.68% | 3.74% | 4.00% | 28.54% | |
70 Outperform | $44.70B | 10.64 | 12.20% | 3.14% | 0.15% | 11.62% | |
69 Neutral | $34.00B | 11.61 | 10.03% | 3.50% | 5.73% | 38.39% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
63 Neutral | $22.31B | 11.08 | 9.48% | 3.90% | 3.86% | 5473.29% | |
61 Neutral | $23.23B | 12.03 | 9.92% | 0.37% | -3.18% | -3.10% |
Huntington Bancshares Corporate Events
Huntington Bancshares said it would participate in the 2026 UBS US Financial Services Conference on February 10, 2026, with Chairman, President and CEO Steve Steinour and CFO Zach Wasserman presenting to analysts and investors. The bank used the accompanying presentation to underscore its differentiated super regional model, track record of integrating new partners, and focus on delivering robust organic growth, revenue and earnings expansion, and tangible book value and ROTCE improvement, while highlighting the broad macro, regulatory, and market risks facing its strategy.
The company’s detailed risk disclosures framed its growth narrative within a cautious outlook on economic volatility, interest-rate movements, regulatory changes, deposit stability, and evolving market perceptions of the banking sector. This positioning signals to stakeholders that Huntington aims to balance its ambition for value creation with an acknowledgment of the operational and financial uncertainties that could materially affect future performance.
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 February 1, 2026, Huntington Bancshares completed its previously announced all-stock acquisition of Cadence Bank, merging Cadence into The Huntington National Bank and issuing approximately 462 million Huntington common shares as consideration, while converting Cadence preferred stock and equity awards into corresponding Huntington instruments. The transaction, formally announced by press release on February 2, 2026, creates a combined institution with about $279 billion in assets, $221 billion in deposits, and $187 billion in loans as of December 31, 2025, and elevates Huntington to the eighth-largest bank in Texas and the leading bank in Mississippi by deposit market share, with roughly 1,400 branches in 21 states and a commitment to maintain and invest in Cadence’s 390-branch network. In connection with the merger, Huntington created a new Series L preferred stock class represented by 6.9 million depositary shares ranking pari passu with its existing preferred stock, and expanded its board to 15 members by appointing three former Cadence directors—James D. “Dan” Rollins III, Virginia Hepner and Alice Rodriguez—with Rollins assuming the role of non-executive vice chairman and adviser, signaling an effort to preserve Cadence leadership expertise and support Huntington’s strategic push into high-growth markets across Texas and the South.
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.
On January 28, 2026, Huntington Bancshares Incorporated issued and sold $1.75 billion of debt securities, comprising $1.0 billion of 4.623% fixed-to-floating rate senior notes due 2032 and $750 million of 5.605% fixed-to-fixed rate subordinated notes due 2041. The notes were issued under existing senior and subordinated indentures as supplemented on the issuance date and were sold pursuant to an underwriting agreement dated January 23, 2026, with a syndicate led by major investment banks, reflecting Huntington’s continued use of the capital markets to raise long-term funding and manage its capital structure.
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 and Cadence Bank agreed that Cadence will merge into The Huntington National Bank, with Huntington’s bank subsidiary surviving, a deal that subsequently received approval from shareholders of both institutions at special meetings held on January 6, 2026, and has now obtained all required regulatory clearances. The merger closing is targeted for around February 1, 2026, and, in support of a January 23, 2026 debt securities offering and the pending integration, Huntington has furnished Cadence’s audited and interim financial statements and unaudited pro forma combined financials for the two banks, providing investors and other stakeholders with detailed visibility into Cadence’s balance sheet, credit profile and the anticipated combined financial position without altering previously reported results for either institution.
The most recent analyst rating on (HBAN) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
On January 22, 2026, Huntington Bancshares announced that its board declared a quarterly cash dividend of $0.155 per common share, unchanged from the prior quarter, payable on April 1, 2026 to shareholders of record as of March 18, 2026. The board also declared quarterly cash dividends on six series of preferred stock, with payments scheduled for April 15, 2026 to shareholders of record on April 1, 2026, underscoring the bank’s continued commitment to returning capital to both common and preferred shareholders and signaling stability in its capital management and shareholder payout policy.
The most recent analyst rating on (HBAN) stock is a Buy with a $21.50 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
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.