There is considerable activity surrounding **Huntington Bancshares Incorporated (HBAN)**. Its financial status has attracted the attention of multiple institutional investors resulting in increased stakes by Commerce Bank, UBS Group AG, and Corient Private Wealth LLC and dilution of holdings by Cambridge Investment Research and Franklin Resources Inc. Furthermore, despite fluctuating performance in comparison to their competitors, HBAN saw an upgrade by **J.P. Morgan** due to a credible growth story. It is expected that the company's earnings will increase, although Q2 earnings are anticipated to decline. **HBAN** has announced a dividend of $0.155, indicative of its generosity to shareholders. The **Q1 2024 earnings call** has confirmed the company's financial resilience and underscores its progress. However, the company's latest dividends reveal a decline in **Q4 earnings**, indicating some market challenges. Despite this, institutional shareholders own 82% of the company, implying high levels of industry confidence in its stability. Analysts, on the other hand, give HBAN a **Moderate Buy** consensus rating. Meanwhile, HBAN is strategically expanding its commercial banking efforts in Charlotte while simultaneously addressing its Q4 CET ratio.
Huntington Bancshares HBAN News Analytics from Wed, 22 Nov 2023 08:00:00 GMT to Thu, 30 May 2024 12:08:31 GMT -
Rating 2
- Innovation -4
- Information 8
- Rumor 2
