Shares of Huntington Bancshares (NASDAQ: HBAN ) have been a strong performer over the past year, gaining about 21%. The regional bank has delivered strong credit underwriting results, while its efforts to push into growth markets like the Carolinas and Texas are supporting growth. Recently, theOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific ...

Core Viewpoint - Huntington Bancshares and Veritex Holdings have received all necessary regulatory approvals for their merger, with the transaction expected to be completed on October 20, 2025 [1] Company Summary - The merger involves Veritex being merged into Huntington, which will continue as the surviving corporation [1] - Veritex Community Bank will merge into The Huntington National Bank as part of the transaction [1] Regulatory Approval - The merger has been approved by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency [1] - All required regulatory approvals have been obtained, indicating a significant step towards finalizing the merger [1]

For release at 11:45 a.m. EDTThe Federal Reserve Board on Friday announced its approval of the application by Huntington Bancshares Incorporated, of Columbus, Ohio, to acquire Veritex Holdings, Inc., and thereby indirectly acquire Veritex Community Bank, both of Dallas, Texas. For media inquiries, please email [email protected] or call 202-452-2955. ...

Core Insights - Huntington National Bank has appointed Jim Danneman as Regional President for the Southern Ohio/Kentucky region, bringing over 30 years of experience in commercial and private banking [1][2] Company Overview - Huntington Bancshares Incorporated is a regional bank holding company with $208 billion in assets, headquartered in Columbus, Ohio, and operates 971 branches across 13 states [6] Leadership and Strategy - Jim Danneman is recognized for his integrity, market insight, and relationship-building skills, which are expected to positively impact the Southern Ohio/Kentucky team [2] - Danneman will lead Huntington's regional banking model, focusing on strategic leadership and expanding business and community relationships in the region [2][3] Regional Operations - Huntington Bank operates approximately 50 branches in the Southern Ohio/Kentucky region and employs nearly 800 staff, offering a comprehensive suite of financial services [3] Personal Background - Jim Danneman has held various roles at Fifth Third Bank, U.S. Bank, and Bank of America, most recently leading the Middle Market banking team for Fifth Third's Cincinnati region [3][4] - He holds a BSBA in Economics and an MBA from Xavier University and is actively involved in community service [4]

Key Takeaways Huntington agreed to acquire Veritex, adding $13B in assets, $9B in loans and $11B in deposits. Prior deals with TCF, Capstone and Torana expanded markets, capital markets and digital capabilities.The bank is pursuing growth in Texas, the Carolinas and Florida with new branches and 350 planned hires.Huntington Bancshares Incorporated (HBAN) has expanded its footprint and capabilities in several verticals through acquisitions over the past few years. In July 2025, Huntington entered a definitiv ...

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Core Insights - Bank stocks are a significant indicator of the health of the American economy, often referred to as the economy's circulatory system, facilitating capital flow across various sectors [1][4] - The article discusses the characteristics of bank stocks, their importance to investors, and how to identify the best bank stocks to buy [5][17] Group 1: Definition and Importance of Bank Stocks - Bank stocks represent companies in the banking sector and are classified under the broader category of financial stocks, which includes various financial services [7][8] - They are divided into two sub-categories: diversified banks, which have a national footprint and offer a wide range of services, and regional banks, which operate in limited geographic areas [13] Group 2: Investment Rationale - Investors are drawn to bank stocks due to their critical role in the economy, although their performance can be cyclical, reflecting economic conditions [9][10] - Banks primarily earn through the interest-rate spread, charging higher interest on loans than they pay on deposits, making economic activity a key factor in their profitability [10][11] Group 3: Characteristics of Bank Stocks - Diversified banks may offer more stability due to their varied operations, while regional banks can be more volatile but may provide better short-term opportunities for active investors [14][15] - The consolidation trend in the banking industry presents potential for growth, with over 4,600 banks in the U.S. indicating room for mergers and acquisitions [16][17] Group 4: Criteria for Selecting Bank Stocks - Ideal bank stocks should be part of the S&P Composite 1500, have a long-term EPS growth rate of at least 5%, and a trailing-12-month return on equity of at least 10% [18][19][20] - Stocks should also have at least five covering analysts and a consensus Buy rating, indicating strong market interest and positive outlook [21][22]

Company Overview - Huntington Bancshares Incorporated (HBAN) has a market cap of $25.6 billion and is a leading regional bank holding company for The Huntington National Bank, offering a wide range of financial services including banking, lending, mortgage, investment, insurance, and wealth management solutions [1][2] Stock Performance - HBAN shares have declined 3.9% from their 52-week high of $18.44, while the stock has increased 12.8% over the past three months, underperforming the Nasdaq Composite's 15.1% return during the same period [3] - Year-to-date (YTD), HBAN stock is up 9%, lagging behind the Nasdaq's 16.5% gain, and has soared 21.8% over the past 52 weeks, compared to the Nasdaq's over 28% surge [4] Financial Results - In Q2 2025, HBAN reported adjusted EPS of $0.38, matching consensus estimates, and revenue exceeding $2 billion. However, shares fell 1.6% due to a 7% year-over-year increase in non-interest expenses, a 4% decline in non-interest income, and mixed credit quality results, including a 3% rise in credit loss provisions and a 9.2% increase in non-performing assets [5] - A $58 million hit from securities repositioning reduced pre-tax earnings and impacted EPS, raising investor concerns [5] Competitive Landscape - Rival Regions Financial Corporation (RF) has outperformed HBAN on a YTD basis with a 15.8% increase, but over the past 52 weeks, RF has returned 19.9%, trailing HBAN's performance [6] - Despite the stock's underperformance, analysts maintain a moderately optimistic outlook on HBAN, with a consensus rating of "Moderate Buy" from 22 analysts and a mean price target of $19.38, representing an 8.9% premium to current levels [6]

Group 1 - Huntington Bancshares Incorporated announced a decrease in its prime rate from 7.5 percent to 7.25 percent, effective September 18, 2025 [1] - The last change in Huntington's prime rate occurred on December 19, 2024, when it decreased from 7.75 percent to 7.5 percent [1] Group 2 - Huntington Bancshares Incorporated is a regional bank holding company with assets totaling $208 billion, headquartered in Columbus, Ohio [2] - The company provides a comprehensive suite of banking, payments, wealth management, and risk management products and services to various clients, including consumers and businesses [2] - Huntington operates 971 branches across 13 states [2]

What to know: Huntington Bancshares in Columbus Ohio believes it could close its $1.9 billion deal for Veritex Financial in Dallas early in the fourth quarter, extending a recent trend of earlier deal completions. Deeper dive: Huntington has acquired most of the land it needs for a planned de novo expansion in North Carolina and South Carolina, and it expects branch construction in the region to accelerate in 2026. Bottom line: Growth in Texas and the Carolinas is boosting the $207.7 billion-asset region ...