Huntington Bancshares Incorporated plans to acquire Cadence Bank in a consolidatory move valued at $7.4 billion. This transaction is expected to heat up the U.S. bank deals and result in an enhanced presence in the southern United States. While the prime rate gets reduced to 7%, analysts such as DA Davidson and Raymond James reinforce their Buy rating on HBAN. Strong earnings in the third quarter of 2025 and consistent dividends remain attractive to long-term value investors. Several institutions, including AustralianSuper Pty Ltd and Sumitomo Mitsui, showed their increased faith in the bank by stocking up on shares. Despite a short-term plunge in stock price post the merger announcement, most market experts believe in the bank's upward potential. The merger awaits all necessary regulatory approvals and is targeted to close in Q1 2026. There are no immediate plans for branch closures post-acquisition, and likely to rebrand post Q2 2026. There were also a few analyst downgrades on the price target for HBAN's stock, viewed as a healthy correction after the merger news.
Huntington Bancshares HBAN News Analytics from Fri, 18 Jul 2025 07:00:00 GMT to Sat, 01 Nov 2025 12:11:25 GMT -
Rating 7
- Innovation 1
- Information 8
- Rumor 6
