Huntington Bancshares (HBAN) AI Stock Analysis

• Market Cap: $27.95B
• Dividend Yield: 3.52%
• Average Volume (3M): 26.18M
• Price to Earnings (P/E): 12.5
• Beta (1Y): 1.01
• Revenue Growth: 5.73%
• EPS Growth: 38.39%
• Country: US
• Employees: 20,092
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.41
• Shares Outstanding: 1,574,803,100
• 10 Day Avg. Volume: 26,236,017
• 30 Day Avg. Volume: 26,183,868
• PEG Ratio: -7.67
• Price to Book (P/B): 1.20
• Price to Sales (P/S): 1.97
• P/FCF Ratio: 14.12
• Enterprise Value/Market Cap: 1.58
• Enterprise Value/Revenue: 3.60
• Enterprise Value/Gross Profit: 5.90
• Enterprise Value/Ebitda: 13.61
• 1Y Price Target: $20.04
• Price Target Upside: 13.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 15
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: $20.50 ▲(16.54% Upside)

Huntington Bancshares' strong financial performance and strategic growth initiatives, including successful mergers and acquisitions, drive a positive outlook. While technical indicators suggest overbought conditions, the company's robust earnings and fair valuation support a solid investment case.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Huntington's services and effective business strategies, supporting long-term financial health.

Strategic Acquisitions

The acquisition of Cadence Bank expands Huntington's market presence in high-growth regions, enhancing its competitive position and growth potential.

Cash Flow Management

Effective cash flow management ensures Huntington can fund operations, invest in growth opportunities, and provide shareholder returns sustainably.

Negative Factors

Rising Debt Levels

Rising debt levels could strain Huntington's financial flexibility, potentially impacting its ability to invest in growth and manage economic downturns.

Noninterest Expense Increase

Increased noninterest expenses could pressure margins and profitability if not managed effectively, impacting long-term financial performance.

Challenges in Commercial Real Estate

Declines in commercial real estate could signal broader market challenges, potentially affecting Huntington's asset quality and revenue streams.

Huntington Bancshares Business Overview & Revenue Model

Company Description

Huntington Bancshares Incorporated (HBAN) is a regional bank holding company based in Columbus, Ohio, providing a wide range of financial services through its banking subsidiaries. The company operates in the financial services sector, primarily focusing on commercial and consumer banking, as well as wealth management services. Huntington offers various products, including loans, mortgages, credit cards, and investment services, catering to both individual and business clients across the Midwest and other regions.

How the Company Makes Money

Huntington Bancshares generates revenue primarily through interest income from loans and securities, as well as non-interest income from fees associated with various banking services. The bank earns interest by lending money to customers in the form of personal loans, mortgages, and business loans, while simultaneously paying interest on deposits at a lower rate. Key revenue streams include net interest income, which reflects the difference between interest earned on loans and interest paid on deposits, and non-interest income from services such as transaction fees, investment management, and advisory services. Additionally, Huntington has formed strategic partnerships with fintech companies to enhance its digital offerings, which contributes to its earnings by attracting new customers and improving operational efficiencies.

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

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

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

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.

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

• Technical Analysis Sentiment: Positive
• Last Price: 17.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBAN, the sentiment is Positive. The current price of 17.59 is above the 20-day moving average (MA) of 16.76, above the 50-day MA of 16.02, and above the 200-day MA of 15.74, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 71.09 is Negative, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HBAN.

Huntington Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBAN	80 Outperform	$27.95B	12.47	10.37%	3.52%	5.73%	38.39%
RF	79 Outperform	$24.18B	12.13	11.43%	3.74%	4.00%	28.54%
USB	76 Outperform	$83.54B	12.30	11.69%	3.77%	2.91%	33.77%
FCNCA	73 Outperform	$25.95B	12.48	10.38%	0.38%	-3.18%	-3.10%
FITB	71 Outperform	$31.56B	14.28	11.52%	3.14%	0.15%	11.62%
KEY	69 Neutral	$22.73B	25.68	5.82%	3.92%	3.86%	5473.29%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Huntington Bancshares Corporate Events

Huntington Bancshares Declares Quarterly Preferred Stock Dividend

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.

Huntington Bancshares to Present at Goldman Sachs Conference

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.

Huntington Bancshares Files for Cadence Bank Merger

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.

Huntington Bancshares Announces Merger with Cadence Bank

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.

Huntington Bancshares to Acquire Cadence Bank

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.

Huntington Bancshares Completes Acquisition of Veritex Holdings

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.

Huntington Bancshares Declares Quarterly Cash Dividend

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.

Huntington Bancshares Gains Approval for Veritex Merger

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.