Huntington Bancshares (HBAN) AI Stock Analysis

• Market Cap: $24.66B
• Dividend Yield: 3.73%
• Average Volume (3M): 33.68M
• Price to Earnings (P/E): 12.6
• Beta (1Y): 1.17
• Revenue Growth: 5.82%
• EPS Growth: 28.04%
• Country: US
• Employees: 20,092
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.34
• Shares Outstanding: 1,465,886,400
• 10 Day Avg. Volume: 43,848,036
• 30 Day Avg. Volume: 33,677,407
• PEG Ratio: 3.04
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.66
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 3.54
• Enterprise Value/Gross Profit: 14.50
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $19.40
• Price Target Upside: 16.59% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15

• Rating: 77 Outperform
• Price Target: $19.00 ▲(14.18%Upside)

Huntington Bancshares demonstrates strong financial performance with robust revenue growth and profitability. The positive sentiment from the earnings call and strategic acquisition further boost its outlook. While technical indicators show some positive momentum, the valuation remains attractive, supported by a solid dividend yield.

Positive Factors

Acquisition

The acquisition of Veritex is seen positively as it gets Huntington Bancshares into the growth Texas market at a fair price.

Capital Markets

Management expects to reach the high end of their guidance range based on strong performance in capital markets.

Earnings

Huntington Bancshares reported higher net interest income and fees than expected.

Negative Factors

Expenses

Higher revenues are accompanied by increased expenses, which could impact overall profitability.

Mergers and Acquisitions

The only negative noted is that this could create an overhang as Huntington Bancshares could seek out further mergers and acquisitions in Texas.

Valuation

Maintain BUY rating, but lowering PT to $18 (was $19).

Huntington Bancshares Business Overview & Revenue Model

Company Description

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. It operates through its subsidiary, The Huntington National Bank, providing a comprehensive range of banking services. The company offers retail banking, commercial banking, and wealth management services across its network of branches primarily located in the Midwest region of the United States. Its core products and services include checking and savings accounts, mortgage and consumer loans, credit cards, and various investment and insurance solutions.

How the Company Makes Money

Huntington Bancshares generates revenue primarily through interest income and non-interest income. Interest income is derived from loans and lease financing, where the company earns money from the interest charged on consumer and commercial loans, including mortgages, personal loans, and business loans. Non-interest income comes from fees and service charges related to banking services, such as account maintenance fees, transaction fees, and overdraft charges. Additionally, Huntington earns income from investment management services, trust services, and insurance product sales. The bank also benefits from strategic partnerships and acquisitions that enhance its product offerings and expand its market reach, contributing to its financial performance.

Huntington Bancshares Financial Statement Overview

Summary

Huntington Bancshares displays solid revenue growth and strong profitability. The balance sheet is robust, with prudent leverage and strong cash flow generation. However, there is room for improvement in operational efficiencies.

Income Statement

Huntington Bancshares shows solid revenue growth with a notable increase in total revenue from prior periods. The company exhibits healthy gross and net profit margins, indicating efficient operations. However, EBIT and EBITDA margins have faced some compression, suggesting potential cost management issues or increased competition.

Balance Sheet

The balance sheet is robust with a strong equity base. The Debt-to-Equity ratio is low, reflecting conservative leverage practices. However, the Equity Ratio shows a lower proportion of equity financing, suggesting potential reliance on liabilities for asset funding.

Cash Flow

Cash flow statements are strong, with consistent free cash flow generation. The growth in free cash flow is commendable, and the operating cash flow to net income ratio is stable, highlighting efficient cash conversion from earnings. This suggests a well-managed cash flow position despite fluctuations in investing and financing activities.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.96B	10.78B	7.95B	6.08B	5.24B
Gross Profit	6.96B	6.90B	6.96B	5.97B	3.77B
EBITDA	3.02B	3.18B	3.25B	1.98B	1.34B
Net Income	1.94B	1.95B	2.24B	1.29B	817.00M
Balance Sheet
Total Assets	204.23B	189.37B	182.91B	174.06B	123.04B
Cash, Cash Equivalents and Short-Term Investments	17.21B	13.70B	7.43B	6.29B	7.02B
Total Debt	16.57B	13.01B	11.71B	7.44B	8.54B
Total Liabilities	184.45B	169.97B	165.14B	154.75B	110.05B
Stockholders Equity	19.74B	19.35B	17.73B	19.30B	12.99B
Cash Flow
Free Cash Flow	1.67B	2.52B	3.81B	1.81B	1.20B
Operating Cash Flow	1.81B	2.66B	4.03B	2.06B	1.32B
Investing Cash Flow	-12.12B	-3.00B	-11.61B	-3.96B	-8.64B
Financing Cash Flow	13.02B	3.77B	8.76B	827.00M	12.74B

Huntington Bancshares Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 16.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBAN, the sentiment is Neutral. The current price of 16.64 is below the 20-day moving average (MA) of 17.02, above the 50-day MA of 16.25, and above the 200-day MA of 15.74, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 49.55 is Neutral, neither overbought nor oversold. The STOCH value of 30.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HBAN.

Huntington Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FITB	78 Outperform	$28.53B	13.29	11.58%	3.47%	2.08%	2.87%
RF	77 Outperform	$23.70B	12.31	11.59%	3.80%	2.83%	20.85%
CFG	77 Outperform	$21.63B	15.21	6.48%	3.41%	-4.07%	25.31%
HBAN	77 Outperform	$24.66B	12.56	10.43%	3.73%	5.82%	28.04%
MTB	76 Outperform	$31.09B	12.69	9.48%	2.79%	0.62%	14.75%
KEY	70 Outperform	$20.60B	1,663.64	1.02%	4.43%	-12.21%	-108.48%
Sector *	64 Neutral	$6.69B	10.23	7.22%	190.13%	24.15%	5.15%

Huntington Bancshares Corporate Events

Huntington Bancshares Declares Quarterly Dividends Announcement

On July 18, 2025, Huntington Bancshares announced that its Board of Directors declared a quarterly cash dividend of $0.155 per common share, maintaining the same rate as the previous quarter. Additionally, the Board declared quarterly cash dividends on five series of its preferred stock, with all dividends payable in October 2025. This announcement reflects Huntington’s stable financial strategy and commitment to returning value to its shareholders, reinforcing its position in the banking industry.

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.

Huntington Bancshares Announces Merger with Veritex Holdings

On July 13, 2025, Huntington Bancshares entered into a merger agreement with Veritex Holdings, where Veritex will merge into Huntington, with Huntington as the surviving corporation. The merger, unanimously approved by both companies’ boards, involves a stock exchange and cash considerations for Veritex shareholders, and includes a $10 million contribution to the Huntington Foundation for Veritex’s markets. The completion of the merger is subject to customary conditions such as shareholder approval, regulatory clearances, and the absence of legal restraints.

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 Acquires Veritex Holdings for $1.9 Billion

On July 14, 2025, Huntington Bancshares announced its acquisition of Veritex Holdings, Inc., a move that will enhance its growth in the high-growth Texas markets, particularly in Dallas/Fort Worth and Houston. The merger, valued at $1.9 billion, is expected to close in the fourth quarter of 2025 and will see Veritex merge into Huntington, with Huntington continuing as the surviving entity. This strategic acquisition is anticipated to accelerate Huntington’s organic growth initiatives and strengthen its market position in Texas, one of the fastest-growing economies in the U.S. Additionally, Huntington reported strong preliminary second-quarter results for 2025, with significant growth in loans, deposits, and net interest income, reflecting its robust financial performance.

The most recent analyst rating on (HBAN) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.

Huntington Bancshares Declares Quarterly Preferred Stock Dividend

On June 27, 2025, Huntington Bancshares announced that its Board of Directors declared a quarterly cash dividend for its 5.70% Series I Non-Cumulative Perpetual Preferred Stock, amounting to $356.25 per share, payable on September 2, 2025, to shareholders recorded by August 15, 2025. This move reflects Huntington’s ongoing commitment to providing returns to its shareholders and may enhance its attractiveness to investors seeking stable income through dividends.

The most recent analyst rating on (HBAN) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.

Huntington Bancshares to Present at Financials Conference

Huntington Bancshares announced its participation in the 2025 Morgan Stanley US Financials Conference on June 11, 2025, where CFO Zach Wasserman will present. The company highlights its strategic focus on organic growth, robust profit growth, and strong credit performance, positioning itself to outperform in various economic scenarios.

The most recent analyst rating on (HBAN) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.