Huntington Bancshares Incorporated (HBAN) has been making significant moves lately to expand its market presence and enhance its operations. The company recently announced its plan to acquire units of
Janney Montgomery Scott, as well as regional bank
Cadence Bank in a $7.4 billion deal, marking a substantial expansion in the South. These steps have seen mixed analyst sentiments, with sentiments ranging from 'buy' to 'sell'. Inside trading, however, shows a steady increase in share acquisition with companies such as
Vanguard Group Inc., SG Americas Securities LLC, and Nomura Asset Management Co. Ltd. increasing their share holdings.
Huntington's Q3 earnings are expected to grow and both its common and preferred stocks are paying out dividends. However, despite strategic positioning and positive financial performance, the share value of HBAN has experienced recent slip, leading to questions on undervaluation. The company is set to present at the Morgan Stanley US Financials Conference, which could provide more insights into its future plans. Clear regulatory approval for its pending merger with
Veritex Holdings, Inc. has also been received.
Huntington Bancshares HBAN News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 22 Nov 2025 13:03:13 GMT -
Rating 7
- Innovation 2
- Information 7
- Rumor -4
