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Huntington's Strategic Initiatives Look Promising: Is the Stock a Buy?
HBANHuntington(HBAN) ZACKS·2024-09-12 17:11

At the Barclays Global Financial Services Conference, Huntington Bancshares Incorporated (HBAN) provided an update on its progress with strategic initiatives and the rising trend of loan and deposit balances. Let's delve deeper. HBAN's Rising Loan and Deposit Balances Huntington continues to show strength in its organic growth. HBAN's total loan balance recorded a four-year (ended 2023) compound annual growth rate (CAGR) of 12.8%. This was mainly driven by the strong performance of commercial and consumer p ...