Huntington Bancshares Incorporated (HBAN)

Huntington Bancshares' stock experienced several key events in the past six months. The company announced the acquisition of Veritex Community Bank in July 2025 and Cadence Bank in October 2025. Huntington released better-than-expected third-quarter earnings results in October 2025, reporting a 25% year-over-year increase in net income. Shares of HBAN gained 4% since October 2025, and analysts have maintained various ratings, with some raising price targets. Huntington Bancshares lowered its prime rate from 7.25% to 6.75% between October and December 2025. In December 2025, two lawsuits were filed challenging the Cadence merger, which Huntington addressed with supplemental disclosures.

The provided search results do not explicitly detail demand seasonality for Huntington Bancshares' specific products and services. However, as a regional bank, Huntington's demand for products like mortgages, consumer loans, and business lending can generally be influenced by broader economic cycles and seasonal trends in the banking industry. Mortgage activity often increases during spring and summer, business lending fluctuates with economic growth, and deposit levels vary with tax refund periods and holiday spending.

Huntington Bancshares, Inc. is a regional bank holding company based in Columbus, Ohio, operating in the Financials sector as a Regional Bank. Founded in 1866, it offers a range of financial products and services, including consumer and business banking with checking, savings, loans, and credit cards. Commercial banking services cover lending, treasury management, and capital markets. Wealth management includes investment, trust, and brokerage services. They also provide insurance brokerage and digital banking solutions like 24-Hour Grace and Savings Goal Getter.

Huntington Bancshares has a retail banking presence across a 13-state footprint in the Midwest, Mid-Atlantic, and Southeast. As of October 2025, following its merger with Veritex Holdings Inc., Huntington operates over 1,000 branches across 14 states. Its core footprint is concentrated in Ohio, Michigan, and Indiana, where approximately 70% of its branches are located. Other states in its service area include Illinois, Kentucky, Pennsylvania, West Virginia, Wisconsin, Minnesota, Colorado, North Carolina, and Texas. The company has actively expanded its presence, particularly in Texas, through strategic acquisitions and commercial banking initiatives.

Huntington Bancshares has maintained a positive brand reputation over the past year, marked by industry awards and a focus on customer satisfaction. The Huntington National Bank received 18 "Best Bank" awards from Coalition Greenwich in February 2025, and Forbes recognized Huntington for "Best Customer Service" in 2026 and as one of the "World's Best Banks" in 2025. Huntington has consistently ranked highly in customer satisfaction studies. CEO Stephen Steinour addressed loan concerns in October 2025, emphasizing the bank's consistent underwriting. In April 2024, Huntington Bank was reportedly under investigation by the OCC for possible fair housing "redlining" violations.

Huntington Bancshares Incorporated is largely controlled by institutional shareholders, who collectively own approximately 84% of the company as of December 30, 2025. The general public holds about 16% of the ownership, while insiders own under 1% of the company. Major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., and State Street Corp.