​Huntington Bancshares Incorporated (NASDAQ:HBAN) is among the Best Affordable Stocks Under $40 to Buy. Wall Street has an overall positive opinion on Huntington Bancshares Incorporated (NASDAQ:HBAN), with analysts’ 12-month price target reflecting more than 21% upside from the current level. ​Recently, on February 12, Brian Foran from Truist Financial reiterated a Buy rating on the stock with a $21 price target. Earlier on February 11, Manan Gosalia from Morgan Stanley also reiterated a Buy rating on the ...

Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the 10 Best Bank Stocks to Buy in 2026. On February 9, JPMorgan analyst Andrew Dietrich raised his target price on Huntington Bancshares by 5.0% to $21 (from $20) and kept his Overweight call on the stock. This TP update comes as JPMorgan updated its models for large-cap banks following the release of the 4th quarter results. The firm thinks bank stocks could outperform the broader market in 2026, citing five reasons: (1) Good economic trends, ( ...

Acquisitions and Mergers - Huntington completed the acquisition of Veritex Holdings, Inc. on October 20, 2025, valued at $1.7 billion, adding $12.0 billion in assets, including $9.3 billion in loans and $10.5 billion in deposits[20]. - On February 1, 2026, Huntington acquired Cadence Bank in a transaction valued at approximately $8.1 billion, with Cadence having $54 billion in assets, including $37 billion in loans and $44 billion in deposits[21]. - As of December 31, 2025, Huntington operated over 1,000 branches in 14 states, which increased to nearly 1,400 branches in 21 states post-merger with Cadence Bank[19]. Banking Segments and Services - Huntington's Consumer & Regional Banking segment offers a wide array of financial products, including deposits, lending, and investment management, aimed at enhancing customer relationships[23]. - The Commercial Banking segment serves mid-market to large corporate customers, providing a comprehensive set of banking products, including treasury management and capital markets[30]. Market Position and Customer Relations - Huntington's market share in Columbus, OH is 44% with deposits totaling $51.8 billion, ranking first in the area[38]. - The bank's Fair Play banking philosophy includes customer-friendly practices such as the $50 Safety Zone and 24-Hour Grace® account feature, aimed at enhancing customer experience[37]. - Huntington's strategic emphasis is on cooperation among business segments to provide tailored solutions and deepen customer relationships[23]. Regulatory Compliance and Capital Requirements - Huntington is subject to enhanced prudential standards due to its consolidated assets exceeding $100 billion, including liquidity and capital requirements[63]. - The company must maintain a Tier 1 Risk-Based Capital Ratio of 6.0% or greater and a Total Risk-Based Capital Ratio of 10.0% or greater to be considered well-capitalized[73]. - Huntington is required to hold a minimum outstanding eligible long-term debt amount of no less than 6% of total risk-weighted assets, 2.5% of total leverage exposure, or 3.5% of average total consolidated assets[68]. - The company is subject to a capital buffer requirement of 2.5% under the SCB to avoid restrictions on capital distributions[75]. - Huntington's liquidity coverage ratio (LCR) will require it to hold eligible high-quality liquid assets that equal or exceed 100% of projected adjusted net cash outflows over a 30-day period[65]. - The company will be required to disclose its LCR and related liquidity metrics quarterly once it becomes a Category III institution[65]. - The company must obtain prior approval from the Federal Reserve for any acquisition resulting in ownership of 5% or more of voting securities of a bank or another BHC[58]. - Huntington is subject to periodic reporting and filing requirements to ensure compliance with regulatory standards[52]. Financial Health and Capital Planning - As of December 31, 2025, Huntington's CET1 risk-based capital ratio was 10.4%, significantly above the minimum requirement of 4.5%[78]. - The Tier 1 risk-based capital ratio for Huntington was 12.0%, exceeding the minimum requirement of 6.0%[78]. - Huntington's total risk-based capital ratio stood at 14.2%, well above the minimum requirement of 8.0%[78]. - The Tier 1 leverage ratio for Huntington was 9.3%, surpassing the minimum requirement of 4.0%[78]. - Huntington's SCB requirement is 2.5%, which is the same as the previous year, indicating stable capital planning[88]. - The Federal Reserve expects Huntington to maintain sufficient capital to withstand adverse operating environments and continue operations[84]. - The company is required to submit an annual capital plan to the Federal Reserve, which includes assessments of capital adequacy and planned capital actions[82]. Risk Management and Operational Challenges - The company faces significant operational risks that could lead to financial loss and loss of confidence from customers and regulators[164]. - Economic uncertainty, including inflation and rising interest rates, could adversely affect the company's business and financial condition[168]. - Changes in interest rates could reduce net interest income and negatively impact the value of loans and securities[172]. - Prolonged inflation may negatively impact profitability and stock price due to increased fixed costs and decreased consumer purchasing power[179]. - The company is expected to incur substantial costs related to the Cadence Merger and integration, which may be more difficult and time-consuming than anticipated[163]. - Cybersecurity risks, including data breaches and cyber-attacks, could adversely impact the company's operations and reputation[164]. - The company relies on third parties for key components of its business infrastructure, which presents additional risks[164]. Liquidity and Capital Access - The primary source of liquidity for the company is a large supply of deposits from consumer and commercial customers, which is influenced by customer willingness and regulatory changes[182]. - The company relies on dividends from its bank subsidiary for liquidity needs, and any limitations on these dividends could adversely affect its ability to pay dividends on Preferred and Common Stock[183]. - Access to capital markets is crucial for meeting cash flow requirements; disruptions could hinder corporate expansion and operational activities[184]. - Rising interest rates and negative perceptions of the banking industry may impact the company's ability to raise additional capital on acceptable terms[185]. - A reduction in credit ratings could adversely affect access to capital and increase the cost of funds, impacting growth and profitability[186]. Regulatory Environment and Compliance - The banking industry is highly regulated, and compliance failures could result in fines and restrictions on business activities, adversely affecting operations and capital base[217]. - The company is under heightened regulatory oversight by the CFPB, affecting consumer and business banking products and services[218]. - Increased regulatory scrutiny may lead to a greater number of investigations and enforcement actions, raising compliance costs[218]. - Federal and state regulators are focusing on sales practices of branch personnel, which could result in regulatory actions against the company[218]. - Potential legislative or regulatory changes may significantly impact revenue and require operational adjustments[218]. - The company may face fines or penalties, limiting product offerings and fee structures[218]. - Increased compliance costs could adversely affect the company's consumer businesses and overall reputation[218]. Corporate Governance and Employee Relations - Huntington's Board of Directors consists of 12 members, including 10 independent directors, ensuring strong governance and oversight[137]. - The Chief Risk Officer provides regular updates on risk management issues, including climate-related credit risks, to the Board's Risk Oversight Committee[139]. - In 2025, Huntington had an average of 20,424 full-time equivalent employees, with 85% of colleagues responding favorably regarding trust, culture, and engagement in the annual survey[144][145]. - Huntington colleagues completed over 500,000 training hours in 2025, supporting their development and career growth[150]. - The company offers a minimum hourly wage of $21 and competitive wages, along with various wellness programs to support physical, mental, and financial well-being[151]. - The company conducts annual pay equity analysis to ensure fair compensation practices among colleagues performing similar work[152]. Community Engagement and Corporate Responsibility - Huntington made a five-year commitment of $40 billion towards its Community Plan to support small businesses and improve financial opportunities, exceeding its commitment through 2025[141]. - Huntington's Corporate Responsibility and Sustainability Executive is responsible for advancing the corporate responsibility strategy and regulatory compliance efforts[138].

Core Insights - The company has entered 2026 with strong momentum and a powerful model that delivers robust revenue and earnings growth as well as top-tier returns [1] - The recent partnership with Cadence, successfully closed 10 days ago, is expected to further accelerate these outcomes [1] Group 1 - The company has built a unique and scalable super regional bank model that delivers industry expertise in 21 regional markets through locally-led teams [1] - Focused execution is generating powerful organic growth across all facets of the business [2] - Proven expertise in seamlessly integrating new partners creates meaningful economic value while ensuring seamless support for customers [2] - These elements come together in a compelling flywheel for value creation that is accelerating as the company expands its footprint [2]

Summary of Huntington Bancshares Conference Call Company Overview - **Company**: Huntington Bancshares (NasdaqGS: HBAN) - **Date**: February 10, 2026 - **Key Speakers**: Steve Steinour (Chairman and CEO), Zach Wasserman (CFO) Key Messages 1. **Strong Business Model**: Huntington has developed a unique and scalable super-regional bank model that delivers robust revenue and earnings growth across 21 regional markets, supported by locally led teams and a national commercial bank [1][2] 2. **Organic Growth**: Focused execution has resulted in powerful organic growth across all business facets, with a reported 11% revenue growth and 16% EPS growth in 2025 [3][4] 3. **Integration Expertise**: The company has proven expertise in integrating new partners, which creates economic value and supports customer service [2][5] 4. **Value Creation Flywheel**: The combination of these elements creates a compelling flywheel for value creation, which is expected to accelerate as the company expands its footprint and capabilities [2][6] Financial Performance - **2025 Results**: - Revenue growth of 11% - EPS growth of 16% - Return on capital at 16% - Tangible book value per share growth of 19% [3][4] - **2026 Projections**: - Expected revenue of approximately $12.6 billion - Anticipated EPS between $1.90 and $1.93 in 2027 [12][16] Strategic Partnerships - **Cadence Partnership**: The recent partnership with Cadence is expected to enhance the consumer and regional bank franchise, expanding operations into 21 states, particularly Texas [2][6] - **Texas Market**: The combined presence in Texas is a strategic advantage, with projected population growth and economic development in the Texaplex region [7][8] - **Cost Synergies**: Expected cost synergies from the Cadence and Veritex partnerships are projected to reach $435 million annually, with $340 million benefiting operating expenses in 2026 [20][21] Revenue and Expense Management - **Revenue Growth Drivers**: - Net interest income growth projected at 10%-13% - Fee revenue growth expected at 13%-16% [21][22] - **Expense Management**: The company aims to reduce baseline operating costs by at least 1% annually, with cumulative savings of $1.4 billion since 2019 [17][18] Investment Strategy - **Reinvestment Focus**: The company plans to reinvest savings from cost efficiencies into high-value revenue-generating initiatives, with a target to double the investment plowback ratio from 4.5% in 2019 to over 8% [17][19] - **Share Repurchase Plans**: Approximately $200 million in share repurchases is expected, with a cumulative reduction in share count of 2%-3% by 2027 [72] Market Position and Future Outlook - **Competitive Advantage**: The local delivery model and national specialty businesses are expected to drive growth, with a focus on maintaining high returns on tangible common equity (18%-19%) and positive operating leverage [25][85] - **Long-term Growth**: The company is optimistic about its growth trajectory, supported by strong operational results and strategic partnerships [25][86] Conclusion - Huntington Bancshares is positioned for strong growth through its scalable business model, successful integration of partnerships, and disciplined financial management. The company is focused on leveraging its competitive advantages to deliver sustained value to shareholders in the coming years [25][86]

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Core Insights - Huntington National Bank is transferring $28 billion of its bank-owned broker/dealer, registered investment advisor, and insurance assets to Ameriprise Financial Services [1] - Huntington Financial Advisors, with approximately 260 financial advisors, will continue to operate under the bank while utilizing Ameriprise for retail investment operations, gaining access to enhanced technology and financial planning tools [2][3] - The deal represents the largest transaction for Ameriprise's institutional group and comes amid uncertainties regarding its partnership with Comerica due to Fifth Third Bancorp's acquisition of Comerica [5][6] Company Overview - Huntington's parent company holds about $279 billion in assets and operates 1,400 branches across 21 states [4] - Ameriprise reported a record high of $1.2 trillion in total client assets within its advice and wealth segment, reflecting a 13% year-over-year increase [4] Strategic Moves - The transition to Ameriprise is seen as a significant step towards sustainable growth for Huntington, as stated by the director of Wealth Management [3] - Ameriprise is actively exploring opportunities in the financial institutions sector, having recently partnered with ChoiceOne Bank and others [6]

Core Viewpoint - Huntington Bancshares Incorporated will participate in the 2026 UBS Financial Services Conference, discussing business trends, financial performance, and strategic initiatives [1]. Group 1: Conference Participation - The conference is scheduled for February 10, 2026, at 11:20 AM (Eastern Time) [1]. - Steve Steinour, chairman, president, and CEO, along with Zach Wasserman, CFO, will present to analysts and investors [1]. Group 2: Webcast Information - Investors can access the live audio webcast in the investor relations section of Huntington's website [2]. - A replay of the webcast will be archived on the website [2]. Group 3: Company Overview - Huntington Bancshares is a regional bank holding company with $279 billion in assets, headquartered in Columbus, Ohio [3]. - Founded in 1866, the company provides a comprehensive suite of banking, payments, wealth management, and risk management products and services [3]. - Huntington operates nearly 1,400 branches across 21 states, with certain businesses extending into broader geographies [3].

Core Viewpoint - U.S. stock futures are indicating a lower opening as investors react to weaker global manufacturing data, rising borrowing costs, and renewed concerns in the AI sector [1] Premarket Trading and Futures Movements - E-mini S&P 500 contracts are down approximately 0.7% to 1.2%, while Nasdaq 100 futures are down roughly 1% to 1.5%, indicating a cautious start for the broader market [2] - Dow Jones Industrial Average futures are also trading lower, down between 0.1% and 0.9% [2] Economic Indicators - Manufacturing PMI figures from Europe, particularly Italy and Spain, remain below the 50-point contraction threshold, indicating a slowdown in factory activity and higher input costs [3] - Rising 10-year bond yields in countries like India and South Korea highlight increasing borrowing costs for governments and corporations globally [3] Major Market Indexes and Trends - The performance of major market indexes such as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average is expected to face challenges due to premarket sentiment [5] - The tech sector, which has benefited from the AI boom, appears particularly vulnerable to current market concerns [5] Earnings Releases - More than 100 S&P 500 companies are set to report earnings this week, which could lead to significant market volatility [8] - Notable earnings reports are anticipated from tech giants like Alphabet, Amazon, and AMD [8] Major Stock News and Developments - Nvidia shares are down approximately 1.5% to 2% due to reports that its plan to invest up to $100 billion in OpenAI has stalled, raising concerns about the sustainability of the AI-driven tech rally [14] - Oracle stock rebounded sharply, climbing 5% after announcing plans to raise $45 billion to $50 billion for expanding its cloud infrastructure [15] - Apple reported a record-breaking first quarter for fiscal 2026 with revenue of $143.8 billion, up 16% year-over-year, leading to a target price upgrade from $230 to $260 [17] Healthcare Sector Developments - The healthcare sector faced significant declines after the U.S. government proposed only a 0.09% increase in Medicare reimbursement rates for private insurance plans in 2027, contrasting sharply with a 5.06% increase for 2026 [19] Precious Metals and Commodities - Precious metals are experiencing a significant rout, with gold falling 5.8% and silver slumping 12.3% in early trading, following a substantial drop that erased a combined $7.4 trillion in market value [20] - Oil prices are also under pressure, with Brent crude down 4.5% at around $66 a barrel amid ongoing U.S. and Iran negotiations [20]

Core Insights - Huntington Bancshares has successfully completed its merger with Cadence Bank, enhancing its market position in Texas and Mississippi [1][2][3] - The merger positions Huntington as the eighth-largest bank in Texas and the leading bank in Mississippi by deposit market share [2][3] - The combined entity now holds approximately $279 billion in assets, $221 billion in deposits, and $187 billion in loans as of December 31, 2025 [3] Company Growth and Strategy - The merger is seen as a strategic partnership that will accelerate Huntington's growth initiatives in high-growth markets across Texas and the South [2][3] - Huntington plans to maintain Cadence's existing branch network of 390 locations without closures and aims to invest in its growth over time [3][6] - The integration of Cadence's customers into Huntington's systems is expected to occur in mid-2026, with detailed information to be provided to customers in the coming weeks [6] Board of Directors Changes - Following the acquisition, Huntington's Board of Directors has appointed three new members, all former directors of Cadence Bank [4][5][6] - The new board members include James D. "Dan" Rollins III, Virginia Hepner, and Alice Rodriguez, each bringing extensive banking and leadership experience [4][5][6] - The addition of these directors is expected to complement Huntington's existing board and support its strategic vision [6] Company Overview - Huntington Bancshares is a regional bank holding company with $279 billion in assets, headquartered in Columbus, Ohio [7] - The company provides a comprehensive suite of banking, payments, wealth management, and risk management products and services [7] - Huntington operates nearly 1,400 branches across 21 states, enhancing its geographical reach and service capabilities [7]