Huntington Bancshares (HBAN) has experienced an increase in point targets by both Bank of America Securities and Raymond James, with D.A. Davidson and Evercore maintaining their 'Buy' ratings. HBAN's recent Q3 earnings have been described as robust, with reports of strong growth and strategic actions driving this performance. Furthermore, the financial firm completed the merger with Veritex, expanding its presence in Texas and adding 1,000+ branches, which some see as an excellent long-term value. This is supported by various analysts insisting that HBANβs stock is undervalued. Rapid progress in tech is evident with the unveiling of a treasury platform with 500+ interfaces. The bank also announced quarterly cash dividends on its common and preferred stocks. However, some entities like Ethic Inc and Allianz Asset Management GmbH have sold their shares of HBAN. Lastly, there are more discussions about Huntington's merger with Veritex as the bank has received all the necessary regulatory approvals.
Huntington Bancshares HBAN News Analytics from Sat, 05 Apr 2025 07:00:00 GMT to Sat, 25 Oct 2025 09:59:35 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -3