Huntington Bancshares Inc. has announced details of its Q3 2024 earnings call and its 2025 earnings release dates. The bank maintains a strong dividend program, having recently declared a 5.70% preferred stock dividend, and has seen steady stock performance, outperforming market averages. Various entities including
Stifel Financial Corp,
Nomura Asset Management,
Arvest Bank Trust Division,
Geode Capital Management, and others have changed their stock positions, indicating an active interest in HBAN. Financial personality
Jim Cramer suggests
Huntington Bancshares offers strong earnings growth potential due to lowering interest rates. Additionally, the bank has been involved in various high-profile events such as the
Goldman Sachs Conference and the
BancAnalysts Association of Boston Conference. Analyst sentiment towards the stock appears mostly positive with several earnings and revenue beats attributed to strong loan and deposit growth. Meanwhile,
Huntington Bank has made two prime rate cuts since September, currently sitting at 7.75%. Recent institutional investments and stock purchases indicate a positive outlook. However, the bank's CFO has reportedly sold a significant amount of stock, alongside lowered net interest income forecasts which led to a slight slump in the stock's value.
Huntington Bancshares HBAN News Analytics from Fri, 19 Apr 2024 07:00:00 GMT to Fri, 13 Dec 2024 22:56:39 GMT -
Rating 8
- Innovation 3
- Information 8
- Rumor -5
