Huntington Bancshares Incorporated (HBAN)

Over the past six months, HBAN's stock price has seen some fluctuations. As of July 22, 2025, the stock has increased by 6.60% over the last month, but has experienced a slight decline of -0.29% over the past six months. Key events impacting the stock price include a lowered net interest income forecast in June 2024, Q2 2025 earnings in July 2025, the acquisition of Veritex in July 2025, a strategic partnership with a fintech company in July 2025, and analyst ratings with a consensus rating of 'Moderate Buy'.

While specific detailed information on demand seasonality for all Huntington Bancshares products and services is not extensively provided, some general trends can be inferred. Consumer loan growth has shown seasonal strength. Core deposit growth can be influenced by seasonal increases in public funds. Mortgage banking services may experience seasonality tied to the housing market, with activity typically peaking in warmer months. Huntington's overall demand can be influenced by regional economic conditions and consumer spending patterns, which may exhibit some seasonal variations.

Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio, operating in the financial services sector as a regional bank. It provides banking, payments, wealth management, and risk management products and services to consumers, businesses, corporations, municipalities, and other organizations. Its major offerings include deposits and lending, payments and treasury management, investment and wealth management, specialized financing, other financial products, and digital solutions.

Huntington Bancshares operates across an eleven-state banking franchise in the Midwest, including Ohio, Michigan, Minnesota, Pennsylvania, Indiana, Illinois, Colorado, West Virginia, Wisconsin, Kentucky, and North Carolina. The company has approximately 971 to over 1,000 branches and more than 1,600 ATM locations. Huntington is expanding its footprint in the Carolinas and Texas, with plans to add more than 350 employees and launch approximately 55 retail branches within the next five years. Its capital markets and auto dealer services extend beyond its core states.

Huntington Bancshares has generally maintained a positive brand reputation over the past year, emphasizing its customer-centric approach and community involvement. Huntington National Bank ranked No. 1 in customer satisfaction in the North Central Region and Pennsylvania in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study. Huntington Bancshares has been recognized for its commitment to corporate social responsibility, implementing sustainability initiatives and supporting community development projects. Huntington National Bank has been the largest SBA 7(a) loan originator in the U.S. by volume for five consecutive years. The company has been focused on its 'People-First, Digitally-Powered' strategy.

Huntington Bancshares is primarily owned by institutional shareholders (84.66%), followed by retail investors (13.00%), and Huntington Bancshares insiders (2.34%). Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. The largest individual shareholder is Stephen D. Steinour, who owns 9.45 million shares, representing 0.65% of the company.