Huntington Bancshares agrees to buy Cadence Bank in another push to expand its footprint across the southern and southeastern states https://t.co/AXrZTpM2jX ...

Group 1 - Huntington Bancshares Incorporated (NASDAQ:HBAN) is considered one of the best affordable stocks to buy under $20, with a Buy rating maintained by Bank of America Securities analyst Ebrahim Poonawala, who raised the price target to $21 from $20 [1] - The company reported a core EPS of $0.40 for fiscal Q3 2025, exceeding both firm and consensus estimates, indicating solid financial performance despite increased expenses and credit costs [2] - The current stock valuation of Huntington Bancshares is not fully reflecting its growth potential, with strategic expansions into the Southeast and Texas markets expected to drive considerable growth, alongside a projected loan growth of 7.5% year-over-year for FY26 [3] Group 2 - Huntington Bancshares is a bank holding company that provides full-service commercial and consumer deposit, lending, and other banking services, with operations divided into Consumer and Regional Banking and Commercial Banking segments [4]

Core Insights - Huntington National Bank has launched a new Treasury Management Connectivity Ecosystem aimed at enhancing financial control, integration, and automation for business customers [1][3] - The platform is built on an API-first architecture, allowing businesses to unify their banking and financial tools, thus streamlining operations and providing actionable insights [2][3] Technology and Features - The Connectivity Ecosystem features over 500 interfaces and can process more than 10 million transaction events daily, offering scalable treasury management solutions [2] - It addresses data quality concerns, with 76% of finance professionals reporting issues with data integrity, and nearly half of CFOs worried about making decisions based on inaccurate data [3] Customer Benefits - By eliminating manual processes and disconnected platforms, businesses can respond quickly to market changes, reduce risk, and make informed decisions regarding resource allocation and investment [3] - The platform supports predictive forecasting, automated scenario planning, and enhanced transparency through unified, AI-enabled transactional data [3] Company Overview - Huntington Bancshares Incorporated is a regional bank holding company with $223 billion in assets, providing a comprehensive suite of banking and financial services [4]

Core Insights - Huntington Bancshares, Inc. (HBAN) has successfully completed its merger with Veritex Holdings, Inc. in a $1.9 billion all-stock transaction, enhancing its commitment to the Texas market [1][10] - The merger aims to accelerate HBAN's organic growth in Texas, particularly in the Dallas/Fort Worth and Houston areas, resulting in a combined asset base of nearly $223 billion [2][10] Financial Metrics - The combined entity holds $176 billion in deposits and $148 billion in loans, with Huntington planning to maintain and grow Veritex's branch network of 31 locations [2] - Integration of Veritex is expected to generate approximately $20 million in core pre-provision net revenue benefits in Q4 2025, alongside a projected efficiency ratio improvement of around 1 percentage point and a 30-basis-point increase in return on average tangible common equity (ROTCE) for 2025 [3] - Following the merger, net interest income (NII) growth is now projected to be between 10% and 11%, up from a previous outlook of 8% to 9%, supported by strong loan and deposit growth [4][10] Growth Projections - Average deposit balance growth is anticipated to be in the range of 6.5% to 7%, while loan growth is expected to reach approximately 9% to 9.5% for the year [4] - For 2026, mid to high single-digit loan growth is projected, driven by expansion in high-growth markets like Texas [5] Strategic Expansion - HBAN has previously announced plans to expand its commercial banking business in Texas, enhancing its footprint in the Dallas-Fort Worth area [6] - The company has broadened its middle-market banking presence and introduced new verticals, including the Financial Institutions Group and the Aerospace & Defense Group, to strengthen its commercial banking capabilities [7][8] Market Performance - Over the past six months, shares of Huntington have increased by 14.6%, outperforming the industry growth of 9.5% [9]

Core Insights - The article emphasizes the importance of value investing and highlights Huntington Bancshares (HBAN) as a strong candidate for value investors due to its favorable metrics and Zacks Rank [2][3][7] Valuation Metrics - HBAN has a Price-to-Book (P/B) ratio of 1.36, which is lower than the industry average of 1.91, indicating potential undervaluation [4] - The Price-to-Sales (P/S) ratio for HBAN is 1.89, compared to the industry's average P/S of 1.98, suggesting it is competitively priced [5] - HBAN's Price-to-Cash Flow (P/CF) ratio stands at 9.48, significantly lower than the industry average of 14.03, further supporting the notion of undervaluation [6] Investment Outlook - Given the combination of strong earnings outlook and attractive valuation metrics, HBAN is positioned as a compelling value stock at this time [7]

Core Insights - Huntington Bank reported a strong performance in the third quarter, indicating resilience in the regional banking sector [1] - Concerns about potential risks in the banking industry are being discussed, particularly in relation to past crises and due diligence practices [2][4] - The CEO of Huntington Bank emphasized the importance of credit metrics and maintaining a moderate to low risk appetite, which has been consistent for 15 years [5][6] Credit Metrics and Risk Management - Huntington Bank's net charge-offs were reported at 22 basis points, which is below the expected normalized run rate, suggesting strong credit quality [6] - The bank does not foresee a contagion effect similar to past liquidity challenges, asserting that current concerns are overblown [7] - The bank maintains consistent underwriting standards, particularly in the auto loan sector, despite rising delinquencies in the market [8][9] Strategic Growth and Acquisitions - Huntington Bank recently completed the acquisition of Veritex, a Texas-based bank, which is expected to enhance its growth trajectory [10] - The acquisition positions Huntington Bank strategically in key markets like Houston and Dallas, providing opportunities for further business development [11] - The management expresses optimism about future performance and the potential for delivering better results post-acquisition [12]

Group 1 - Huntington Bancshares Incorporated (NASDAQ:HBAN) has been identified as one of the "Dirt Cheap Stocks to Buy" according to analysts, with Jefferies reducing its price target from $22 to $20 while maintaining a Buy rating [1][2] - The company reported "solid" Q3 2025 results and raised its full-year 2025 standalone net interest income growth guidance to 10% to 11%, up from the previous range of 8% to 9% [2][3] - Huntington Bancshares is experiencing strong loan growth, expecting to achieve about 8% average loan growth for the full year and over 250 basis points of positive operating leverage [3][4] Group 2 - Preliminary guidance for 2026 suggests continued strong growth for Huntington Bancshares, indicating a positive outlook for the regional bank [4]

Core Insights - Huntington Bancshares Incorporated reported third-quarter earnings of 41 cents per share, exceeding the analyst consensus estimate of 37 cents per share [1] - The company experienced significant growth, with loans and deposits increasing by over $11 billion and $8 billion respectively over the past year [2] Financial Performance - The earnings report reflects the strength of Huntington's operating model, which focuses on targeted growth investments and disciplined execution of core strategies [2] - The company achieved balanced, above-peer growth by acquiring new customers and expanding net interest income and diversified fee revenues [2] Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for Huntington Bancshares, with Keefe, Bruyette & Woods raising the target from $19 to $20, and TD Cowen increasing it from $21 to $22 [5]

Core Insights - Huntington Bancshares Incorporated reported third-quarter earnings of 41 cents per share, exceeding the analyst consensus estimate of 37 cents per share [1] Financial Performance - The company achieved significant growth, with loans and deposits increasing by more than $11 billion and $8 billion respectively over the past year [2] - Approximately 60% of loan growth came from core businesses, while 40% was attributed to new initiatives [2] Market Reaction - Following the earnings announcement, Huntington Bancshares shares rose by 2.1%, trading at $15.82 [2] Analyst Ratings and Price Targets - Keefe, Bruyette & Woods analyst David Konrad maintained a Market Perform rating and raised the price target from $19 to $20 [5] - TD Cowen analyst Steven Alexoloulos maintained a Buy rating and increased the price target from $21 to $22 [5]

Core Insights - Huntington Bancshares has completed its merger with Veritex Holdings, enhancing its growth strategy in Texas markets [1] - The combined entity now holds approximately $223 billion in assets, $176 billion in deposits, and $148 billion in loans as of September 30, 2025 [1] - The merger will expand Huntington's branch network to over 1,000 locations, including Veritex's 31 branches in Texas [1] Company Strategy - The acquisition is positioned as a catalyst for future growth in Texas, particularly in the Dallas-Fort Worth and Houston areas [1] - Huntington plans to maintain and invest in Veritex's branch network to further enhance its market presence [1] - The company aims to strengthen its commitment to Texas, which is recognized as one of the fastest-growing economies in the U.S. [1] Leadership and Operations - C. Malcolm Holland III, former CEO of Veritex, will take on a non-executive role as Chairman of Texas at Huntington [1] - Huntington has been active in Texas since 2009, focusing on middle-market business banking solutions and is a leading SBA lender in the state [1] - The transition for Veritex customers to Huntington's systems is scheduled for the first quarter of 2026, with no impact on existing Huntington customers during this process [1]