Several key developments have occurred in relation to
Huntington Bancshares Incorporated (HBAN). Notably, repeated adjustments to the company's prime rate, which has now been lowered to
7.25%. HBAN's stock, although occasional underperformance in the Nasdaq, has made gains attention, with financial institutions purchasing sizable positions and analysis predicting future growth. Multiple corporations, including
Bell Bank, Mn Services Vermogensbeheer B.V, and Wesbaco Bank Inc, have either sold or bought significant amounts of HBAN shares. Integrity Alliance LLC has also acquired some shares. HBAN declared
quarterly cash dividends for its common and preferred stocks, and a $1.9 billion deal was signed with
Veritex to extend its footprint in Texas. Several asset management firms have sold or purchased large amounts of HBAN's shares. The company also presented at the
Morgan Stanley US Financials Conference and the
RBC Capital Markets Financial Institutions Conference. Meanwhile, financial analysts from Wolfe Research and Truist Financial are rating HBAN as a
buy and have upgraded the stock to 'Outperform'. The bank also declared a
dividend on its preferred stock and announced the acquisition of
Veritex while providing preliminary Q2 2025 results.
Huntington Bancshares HBAN News Analytics from Fri, 17 Jan 2025 08:00:00 GMT to Sat, 20 Sep 2025 10:17:51 GMT -
Rating 6
- Innovation 3
- Information 6
- Rumor -2
