Huntington Bancshares
HBAN

$14.31

2.73%

Market Cap: $20.8B

About: Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. The bank operates in two business segments: Consumer & Regional Banking and Commercial Banking. The bank derives the maximum of its revenue from the Consumer & Business Banking segment. The other segment of the bank consists of Treasury and others. The bank also provides auto dealer, equipment finance, investment management, trust, brokerage, capital market services, and other services.

Employees: 19,889

Financials National Commercial Banks

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

44% more call options, than puts

Call options by funds: $61.8M | Put options by funds: $43M

2.38% more ownership

Funds ownership: 81.2% [Q1] → 83.58% (+2.38%) [Q2]

1% more repeat investments, than reductions

Existing positions increased: 328 | Existing positions reduced: 325

0% less funds holding

Funds holding: 905 [Q1] → 903 (-2) [Q2]

2% less first-time investments, than exits

New positions opened: 86 | Existing positions closed: 88

3% less capital invested

Capital invested by funds: $16.5B [Q1] → $16B (-$506M) [Q2]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q1] → 6 (-1) [Q2]

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$11.50

20%

downside

Avg. target

$15.61

9%

upside

High target

$18

26%

upside

18 analyst ratings

13 positive

72%

3 neutral

17%

2 negative

11%

Morgan Stanley Ken Zerbe 60% 1-year accuracy 6 / 10 met price target	26%upside $18	Overweight Maintained	5 Aug 2024
Baird David George 33% 1-year accuracy 1 / 3 met price target	5%upside $15	Neutral Downgraded	26 Jul 2024
Morgan Stanley Ken Zerbe 60% 1-year accuracy 6 / 10 met price target	12%upside $16	Overweight Maintained	22 Jul 2024
Citigroup Keith Horowitz 88% 1-year accuracy 14 / 16 met price target	26%upside $18	Buy Maintained	22 Jul 2024
B of A Securities Ebrahim Poonawala 73% 1-year accuracy 11 / 15 met price target	19%upside $17	Buy Maintained	22 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about HBAN published over the past 30 days

Huntington Bank Gets Naming Rights To the Cleveland Browns' Stadium

Huntington Bank (HBAN) has acquired the naming rights to the stadium where the Cleveland Browns are set to kick off their NFL season against the Dallas Cowboys on Sunday.

Huntington Bank Gets Naming Rights To the Cleveland Browns' Stadium

Capstone Partners Appoints Ken Wasik as Co-Head of Investment Banking to Support Ongoing Strategic Growth

BOSTON , Aug. 26, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, has announced a significant appointment within its management team. Ken Wasik , Managing Director and Head of Consumer Products Banking, will now also serve as Co-Head of Investment Banking.

Capstone Partners Appoints Ken Wasik as Co-Head of Investment Banking to Support Ongoing Strategic Growth

Bert's July Dividend Income Summary (2024)

In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.

Bert's July Dividend Income Summary (2024)

Huntington Bancshares to Present at the 2024 Barclays Global Financial Services Conference

COLUMBUS, Ohio , Aug. 20, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the 2024 Barclays Global Financial Services Conference on Monday, September 9, 2024. Zach Wasserman, chief financial officer, and Brant Standridge, president of Consumer and Regional Banking, are scheduled to present to analysts and investors at 9:00 AM (Eastern Time).

Huntington Bancshares to Present at the 2024 Barclays Global Financial Services Conference

Huntington Bancshares: Strong Loan Quality Makes Shares Attractive

Huntington Bancshares shares have risen by 24% in the past year, outperforming the market with a 15% return since my recent buy recommendation. Strong Q2 results show solid deposit growth and loan performance, positioning HBAN for further earnings growth in 2025. Despite a higher valuation, HBAN's strong credit quality and limited CRE losses make it a safer investment with potential for modest multiple expansions.

Huntington Bancshares: Strong Loan Quality Makes Shares Attractive

This Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

This Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks

COLUMBUS, Ohio , July 19, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable October 1, 2024, to shareholders of record on September 17, 2024.

Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks

Huntington Bancshares: Big Improvements In Q2, 52-Week Highs

Huntington Bancshares Incorporated exceeded Q2 earnings expectations with a net income of $474 million. Loans and deposits continue to grow, with average total deposits increasing by $2.9 billion. Asset quality metrics for Huntington Bancshares are mixed, with net charge-offs improving but nonperforming assets to total assets rising.

Huntington Bancshares: Big Improvements In Q2, 52-Week Highs

Zacks Investment Research

Huntington (HBAN) Q2 Earnings & Revenues Beat, NII Drops

Huntington's (HBAN) Q2 results reflect improvements in average loans and deposits. However, a fall in NII and elevated expenses are a headwind.

Huntington (HBAN) Q2 Earnings & Revenues Beat, NII Drops

Huntington Bancshares Incorporated (HBAN) Q2 2024 Earnings Call Transcript

Huntington Bancshares Incorporated (NASDAQ:HBAN ) Q2 2024 Earnings Conference Call July 19, 2024 8:00 AM ET Company Participants Tim Sedabres - Director, Investor Relations Steve Steinour - Chairman, President and CEO Zach Wasserman - Chief Financial Officer Brendan Lawlor - Chief Credit Officer Conference Call Participants Manan Gosalia - Morgan Stanley Erika Najarian - UBS Steven Alexopoulos - JPMorgan Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Jon Arfstrom - RBC Capital Markets Peter Winter - D.A. Davidson Greetings, welcome to the Huntington Bancshares Second Quarter 2024 Earnings Conference Call.

Huntington Bancshares Incorporated (HBAN) Q2 2024 Earnings Call Transcript

See News Rankings