Huntington BancsharesHBAN
HBAN
About: Huntington is a regional us bank with around $200 billion in assets (as of September 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.
Employees: 20,043
0
Funds holding %
of 6,794 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
90% more call options, than puts
Call options by funds: $70.8M | Put options by funds: $37.2M
17% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 7 (+1) [Q3]
9% more capital invested
Capital invested by funds: $16.2B [Q2] → $17.7B (+$1.48B) [Q3]
0% more funds holding
Funds holding: 907 [Q2] → 907 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 95
8% less repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 346
2.05% less ownership
Funds ownership: 84.86% [Q2] → 82.81% (-2.05%) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
15%
downside
Avg. target
$18.09
3%
upside
High target
$21
19%
upside
11 analyst ratings
7 positive
64%
2 neutral
18%
2 negative
18%
Keefe, Bruyette & Woods David Konrad 64% 1-year accuracy 18 / 28 met price target | 8%upside $19 | Market Perform Maintained | 4 Dec 2024 |
JP Morgan Andrew Dietrich 100% 1-year accuracy 1 / 1 met price target | 14%upside $20 | Overweight Assumed | 4 Dec 2024 |
Piper Sandler Scott Siefers 57% 1-year accuracy 8 / 14 met price target | 1%downside $17.50 | Underweight Maintained | 3 Dec 2024 |
Goldman Sachs Ryan Nash 65% 1-year accuracy 15 / 23 met price target | 14%upside $20 | Buy Maintained | 26 Nov 2024 |
Citigroup Keith Horowitz 76% 1-year accuracy 13 / 17 met price target | 19%upside $21 | Buy Maintained | 19 Nov 2024 |
Financial journalist opinion
Based on 4 articles about HBAN published over the past 30 days
Neutral
PRNewsWire
1 day ago
Huntington Bancshares Incorporated to Present at the Goldman Sachs US Financial Services Conference
COLUMBUS, Ohio , Dec. 6, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the Goldman Sachs 2024 US Financial Services Conference on Wednesday, December 11, 2024. Steve Steinour, chairman, president, and chief executive officer, and Zach Wasserman, chief financial officer, are scheduled to present to analysts and investors at 9:20 AM (Eastern Time).
Neutral
PRNewsWire
4 days ago
Capstone Partners Announces Newly Formed Buy-Side M&A Advisory Group
Additional, specialized Sponsor Coverage professionals introduce dedicated Buy-Side M&A advisory to Capstone's fully integrated suite of services. BOSTON , Dec. 3, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, announces the launch of its newly formed Buy-Side M&A Advisory Group (the Group).
Neutral
PRNewsWire
1 week ago
Capstone Partners Releases 2024 Middle Market Business Owners Research Survey: CEOs Focus on Performance Improvement, Turn to Capital Market Growth in High Interest Rate Environment
BOSTON , Nov. 25, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2024 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 404 participating owners of privately-owned, middle market companies. Conducted between July 31, 2024, and August 26, 2024, the survey captures sentiment at a pivotal moment in the U.S., identifying CEOs' decision making processes, growth, financial, and exit plans, and value drivers that characterized middle market business in 2024.
Positive
Barrons
4 weeks ago
4 Regional Bank Stocks Set to Rise Under Trump
Citizens Financial, Ally Financial, Capital One, Huntington Bancshares, and M&T Bancorp are cheap bank stocks that look like buys, says Citi.
Neutral
PRNewsWire
1 month ago
Huntington Bancshares Incorporated Decreases Its Prime Rate To 7.75 Percent
COLUMBUS, Ohio , Nov. 7, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 8 percent to 7.75 percent, effective November 8, 2024. Huntington's rate last changed on September 19, 2024, decreasing from 8.5 percent to 8 percent.
Positive
The Motley Fool
1 month ago
Why Financial Stocks Like American Express, Synchrony Financial, and Huntington Bancshares Rocketed Higher Today
The prospect of financial deregulation boosted many bank stocks today.
Positive
Benzinga
1 month ago
Top 3 Industrials Stocks That Could Blast Off In Q4
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Positive
Seeking Alpha
1 month ago
Huntington's Solid Loan Growth Is Attractive Even With Narrower Margins
Huntington Bancshares has shown strong performance, with a 62% gain over the past year, due to its impressive deposit franchise and solid credit underwriting. Despite some pressure on net interest margins, Huntington has grown its asset base and non-interest income, particularly in wealth management and capital markets. The bank's manageable commercial real estate exposure and solid credit fundamentals, including a 0.62% non-performing asset ratio, contribute to its relative strength.
Neutral
PRNewsWire
1 month ago
Huntington Bancshares Incorporated to Present at the BancAnalysts Association of Boston Conference
COLUMBUS, Ohio , Oct. 24, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the 2024 BancAnalysts Association of Boston Conference on Thursday, November 7, 2024. Zach Wasserman, chief financial officer, is scheduled to present to analysts and investors at 2:15 PM (Eastern Time).
Neutral
Business Wire
1 month ago
Huntington Bank Selects Entrust to Enable Digital Wallet Capabilities
MINNEAPOLIS--(BUSINESS WIRE)--Entrust, a global leader in delivering identity-centric security solutions, today announced that The Huntington National Bank has selected the Entrust Digital Card Solution to enable digital wallet capabilities, with instant provisioning to third-party digital wallets from its mobile banking app. Huntington Bank cardholders can now enroll most of their consumer debit and credit cards from the Huntington mobile app to third-party digital wallets. "At Huntington, we.
Charts implemented using Lightweight Charts™