Huntington Bancshares (HBAN) has displayed promising value even after
recent share price gains, while successfully maintaining a
9-day winning spree. This growth was highlighted with the announcement of a
proposed merger with Cade and
acquisition of units of Janney Montgomery Scott and Cadence Bank. Within the financial quarter,
Huntington Bancshares declared cash dividends on its common and preferred stocks and reported a
strong earnings performance giving a positive outlook on the company's profitability. However, earnings expectations have been lowered to a
'Hold' rating at Zacks Research. Although the company's stock seems to be performing below the Nasdaq, Jefferies Financial Group expects an
increase in stock price.
Expansion into the Carolinas is expected to influence Huntington Bancshares' narrative and will be executed under new leadership. The company also announced launching a
Treasury Management Connectivity Ecosystem which implies the improvement of financial intelligence in the business industry.
Huntington Bancshares HBAN News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 06 Dec 2025 10:43:36 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 4
