HBAN has been a major topic in the news recently. The bank has hosted an Investor Day with CEO Stephen Steinour, where they discussed long-term strategies and goals for the institution. Wallace, Raymond & Lennon, LLC, and Exchange Traded Concepts LLC, among others, have increased their shares in Huntington Bancshares Incorporated. Other important events have included a declaration of a dividend of $0.155 and a decrease in the prime rate to 7.5 percent. However, there also have been reports on the stock underperforming in comparison to the bank's competitors. Analysts’ ratings varied, from 'Outperform' by the Royal Bank of Canada, to a 'Moderate Buy' consensus. There have been positive developments, such as a significant increase in fee income and a year-over-year Q4 Earnings growth. The bank's commercial banking unit has expanded, and they've announced an earnings release for Q4 2024. Despite lowering its net interest income forecast, HBAN’s robust growth led to a 52-week high at $17.86 per share.
Huntington Bancshares HBAN News Analytics from Mon, 10 Jun 2024 07:00:00 GMT to Sat, 25 Jan 2025 11:01:51 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor -5
