Huntington Bancshares (HBAN) has been on the financial radar due to a flurry of activities. The firm received a
Buy recommendation from Jefferies during coverage initiation. Major institutional shareholders, who contribute to around 88% of the company's ownership, have driven the firm's progression. In regard to dividends,
Huntington Bancshares recently announced it for their first quarter of 2025 along with a planned investor day. The firm reported a 26% increase in Q1 earnings to $527M and proclaimed a $1B buyback. The result strongly highlighting the firm's solid capital market performance and interest income growth.
Multiple
price target adjustments were made by Truist Securities and Morgan Stanley, while other financial players have upgraded the firm's RS ratings.
The regional bank has been expanding, notable with their inauguration of the first full-service branch in Charlotte, marking Carolinas expansion. The company has been applauded for its robust financial performance in the Q4 2024 earnings call. They certainly made an impressive appearance at the RBC Capital Markets Financial Institutions Conference with a strategic roadmap reveal. The overall sentiment for the firm appears bullish for its future outlook.
Huntington Bancshares HBAN News Analytics from Fri, 04 Oct 2024 07:00:00 GMT to Fri, 23 May 2025 12:20:49 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -1
