Huntington Bancshares (HBAN) has made significant strides in the recent past, bolstered by strong performances in the capital markets and growth in interest income. The firm has reported surges in profit and beat Q4 2024 earnings expectations. Their Investor Day event showcases forward-thinking strategy and strength, indicating a potentially strong outlook. HBAN is set to host another Investor Day in 2025. Key metrics for Q4 earnings were aligned with estimates, showing stability in operations. Dividends are well-maintained with a 5.70% preferred stock dividend announced. Jim Cramer sees potential for growth as interest rates go down, emphasizing HBAN's promising story. However, there was a relative slump due to lowered net interest income forecasts. Huntington Bancshares has also made news for expansion efforts in the Carolinas and Texas and recently sold corporate debt planning reinvestments. Strong trading has placed the firm favorably against competitors, and increased institutional ownership is seen as an endorsement. The firm's shares have recently hit a 52-week high.
Huntington Bancshares HBAN News Analytics from Wed, 09 Jun 2021 07:00:00 GMT to Fri, 07 Feb 2025 22:03:00 GMT -
Rating 7
- Innovation 1
- Information 9
- Rumor -6
