This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Huntington Bank’s $7.4 billion acquisition of Cadence Bank received approval from the Office of the Comptroller of the Currency, the Columbus, Ohio-based lender disclosed Monday. That marks the last regulatory green light needed for the transaction, which is expected to close Feb. 1, Huntington said. The timeline meets the bank’s initial projection that the deal wou ...

Core Viewpoint - Huntington Bancshares Incorporated and Cadence Bank have received all necessary regulatory approvals for their merger, which is set to close on February 1, 2026, pending shareholder approvals and customary closing conditions [2]. Company Overview Huntington Bancshares Incorporated - Huntington is a regional bank holding company with assets totaling $223 billion, headquartered in Columbus, Ohio. It offers a wide range of banking, payments, wealth management, and risk management services [3]. - The company operates over 1,000 branches across 14 states, serving consumers, small and middle-market businesses, corporations, and municipalities [3]. Cadence Bank - Cadence Bank is a regional bank with assets of $53 billion, operating more than 390 locations primarily in the South and Texas. It provides comprehensive banking, investment, trust, and mortgage services [4]. - The bank has been recognized as one of the nation's best employers and as one of America's Best Banks for 2025 by Forbes [4].

Columbus, Ohio-based Huntington Bancshares Incorporated (HBAN) is a multi-state diversified regional bank holding company for the Huntington National Bank. Valued at $25.9 billion by market cap, Huntington provides commercial, consumer, and mortgage banking services, offering various financial products to corporations and individuals. The banking major is expected to announce its fourth-quarter results before the market opens on Friday, Jan. 16. Ahead of the event, analysts expect HBAN to report an adjus ...

Huntington Bancshares Incorporated (NASDAQ:HBAN) is included among the 13 Best Blue Chip Stocks to Buy Under $50. Piper Sandler Adjusts Huntington (HBAN) Target After Strategy Refresh Image by Alexsander-777 from Pixabay On December 10, Piper Sandler raised its price target on Huntington Bancshares Incorporated (NASDAQ:HBAN) to $16 from $15, while keeping an Underweight rating. The update followed the company’s release of slides for an upcoming conference, which highlighted a few key points: organic gro ...

Core Viewpoint - Huntington Bancshares Incorporated (HBAN) is a regional financial services company with a market cap of $24.8 billion, offering a range of retail, commercial, and wealth management services primarily in the Midwest [1]. Company Overview - HBAN is classified as a "large-cap" stock due to its valuation exceeding $10 billion, and it has a strong digital presence along with an extensive branch network [2]. Stock Performance - HBAN shares have decreased by 2.6% from their 52-week high of $18.03 and have underperformed the Dow Jones Industrial Average, which rose by 5.6% over the past three months [3]. - Year-to-date, HBAN stock is up 7.9%, lagging behind the Dow's 13% gain, and has increased by 1.9% over the past 52 weeks compared to the Dow's 8.6% return [4]. - The stock has been trading above its 50-day and 200-day moving averages since late November, indicating a recent uptrend [4]. Recent Developments - On December 10, HBAN shares rose over 3% following the announcement of a reduction in its prime rate from 7% to 6.75%, effective December 11, 2025, after a previous cut on October 30 [5]. - In contrast, rival Regions Financial Corporation (RF) has seen a significant improvement of 16.4% in 2025 and 8.1% over the past year, outperforming HBAN [5]. Analyst Sentiment - Despite the stock's underperformance, analysts maintain a moderately optimistic outlook on HBAN, with a consensus rating of "Moderate Buy" from 23 analysts and a mean price target of $19.84, representing a 13% premium to current levels [6].

COLUMBUS, Ohio, Dec. 10, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.00 percent to 6.75 percent, effective December 11, 2025.  Huntington's rate last changed on October 30, 2025, decreasing from 7.25 percent to 7.00 percent.  About Huntington  Huntington Bancshares Incorporated is a $223 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates pr ...

Core Insights - Huntington has experienced significant growth in loans and deposits while expanding its presence in the Carolinas and Texas [1] - The bank's recent acquisitions of Veritex and Cadence are expected to enhance its market position in the coming years [1] Company Overview - Huntington's operating model is designed to create value through sustained growth that outperforms peers [3] - The bank has established specialty banking verticals that support both regional and national banking teams, contributing to its growth strategy [3]

Summary of Huntington Bancshares Conference Call Company Overview - **Company**: Huntington Bancshares (NasdaqGS: HBAN) - **Date**: December 10, 2025 - **Key Speakers**: Steve Steinour (Chairman, President, and CEO), Zach Wasserman (CFO) Key Industry and Company Insights 1. Growth Strategy - Huntington is focused on best-in-class loan and deposit growth, particularly in the Carolinas and Texas, supported by recent acquisitions of Veritex and Cadence [1][2] - The company emphasizes a differentiated operating model that drives sustained above-peer growth, with a focus on organic growth as the foundation of its strategy [2][3] 2. Acquisitions and Integration - The integration of Veritex and Cadence is seen as a springboard for organic growth rather than an alternative to it, with a disciplined approach to capital allocation and risk management [3][4] - Huntington's proven track record of successful integrations, such as with TCF, gives confidence in the upcoming integrations [4][6] 3. Financial Performance - Loan and deposit growth has significantly outpaced peers, with expectations to maintain strong momentum into 2026 [4][5] - The company has achieved a growth rate of 5% annually post-TCF integration, compared to a pre-acquisition growth rate of just over 4% [7][8] 4. Market Positioning - Huntington is positioned to become the 10th largest bank in the U.S. with a strong presence in high-growth markets, particularly in Texas [9][10] - The company anticipates significant demographic tailwinds in its new markets, with a focus on customer acquisition and deepening relationships [10][11] 5. Revenue Synergies - Expected revenue synergies from the Cadence acquisition include offering a full suite of Huntington products to Cadence's customer base and enhancing customer relationships [11][12] - The company has a strong pipeline of capital markets activities already emerging from the Veritex partnership [44][45] 6. Operational Efficiency - Huntington has maintained a commitment to positive operating leverage, with a focus on re-engineering costs to invest in growth areas such as technology and marketing [39][40] - The company has achieved a positive operating leverage of 250 basis points and expects to continue this trend into 2026 [32][40] 7. Customer Retention and Integration Challenges - Customer retention post-merger is a priority, with efforts focused on building trust and transparency with new colleagues and customers [45][46] - The company is prepared for the integration challenges, with a focus on maintaining organic growth during the integration process [24][25] 8. Future Outlook - Huntington is optimistic about its growth trajectory, with expectations for continued strong loan and deposit production and growth in value-added fee services [32][48] - The company is not looking to expand beyond its current geographic footprint but aims to deepen its market share in existing regions [22][23] Additional Important Points - The competitive landscape in the South and Texas is described as dynamic, with expected market growth rates significantly above the national average [16][17] - Huntington's approach to M&A is cautious, focusing on organic growth as a prerequisite for future partnerships [21][22] - The company has invested in data and automation to prepare for regulatory requirements associated with its Category III designation, with no expected incremental expenses [47]

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

Core Insights - Huntington National Bank has opened its first full-service branches in Charleston and Greenville, South Carolina, as part of a strategy to launch approximately 55 branches across North and South Carolina [1][2] - The bank aims to enhance customer service and community engagement through these new locations, which offer teller services, personal banking, and ATM access [1][2] - Huntington's recent acquisition of Cadence Bank for $7.4 billion is expected to significantly increase its operational scale, particularly in Texas and Mississippi, and position it among the top 10 banks in the US by size [3][4] Expansion Strategy - The Charleston branch is located at 677 King Street, while the Greenville branch is at 606 South Main Street [1] - Huntington previously opened its first South Carolina branch in Spartanburg and its first North Carolina branch in Charlotte's SouthPark district earlier this year [3] - The bank's commitment to the Upstate region is emphasized by local market leaders expressing pride in the new branches [2] Acquisition and Growth - The acquisition of Cadence Bank, which has over 390 locations, is projected to enhance Huntington's footprint and operational capabilities [3][4] - Following the merger with Veritex Holdings, Huntington anticipates pro forma assets of $276 billion and deposits totaling $220 billion [4] - Job cuts are expected at Cadence Bank post-acquisition, although the number of positions affected has not been disclosed [4][5]