Here is What Analysts Think About Huntington Bancshares Incorporated (HBAN)

1 week ago 5

Noor Ul Ain Rehman

Fri, January 2, 2026 astatine 8:44 AM CST 2 min read

Huntington Bancshares Incorporated (NASDAQ:HBAN) is 1 of the apical cheap stocks nether $20 to bargain now. Huntington Bancshares Incorporated (NASDAQ:HBAN) jointly announced with Cadence Bank connected December 22 the support of the projected merger of Cadence Bank with and into The Huntington National Bank by the Office of the Comptroller of the Currency, with The Huntington National Bank arsenic the surviving bank.

Huntington Bancshares Incorporated (HBAN)'s CEO Believes It's A Good Market For Deals, Says Jim Cramer

Cadence Bank is simply a $53 cardinal determination slope that offers banking, investment, trust, and owe products and services, and has implicit 390 locations spanning the South and Texas. Management reported that each the indispensable regulatory approvals to implicit the Huntington-Cadence transaction person present been received, with the merger expected to adjacent connected February 1, 2026, taxable to the receipt of shareholder approvals and the restitution oregon waiver of the remaining customary closing conditions that were acceptable guardant successful the merger agreement.

In a abstracted development, connected December 19, RBC Capital lifted the terms people connected Huntington Bancshares Incorporated (NASDAQ:HBAN) to $20 from $19 and maintained an Outperform standing connected the stock. The standing update came aft the firm’s gathering with the company’s absorption team, which was focused connected the caller Veritex and Cadence acquisitions, on with the aboriginal opportunities contiguous for Huntington Bancshares Incorporated (NASDAQ:HBAN) successful their bequest markets. The steadfast added that absorption exhibited consistency with peer-leading expected show from the core, on with beardown anticipated contributions from the expanded merger footprint.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is simply a slope holding institution that provides full-service commercialized and user deposit, lending, and different banking services. The company’s operations are divided into the Consumer and Regional Banking and Commercial Banking segments.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.