Huntington Bancshares Prepares Debt Offering Ahead of Cadence Merger
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Huntington Bancshares ( (HBAN) ) has shared an announcement.
On October 26, 2025, Huntington Bancshares and Cadence Bank agreed that Cadence will merge into The Huntington National Bank, with Huntington’s bank subsidiary surviving, a deal that subsequently received approval from shareholders of both institutions at special meetings held on January 6, 2026, and has now obtained all required regulatory clearances. The merger closing is targeted for around February 1, 2026, and, in support of a January 23, 2026 debt securities offering and the pending integration, Huntington has furnished Cadence’s audited and interim financial statements and unaudited pro forma combined financials for the two banks, providing investors and other stakeholders with detailed visibility into Cadence’s balance sheet, credit profile and the anticipated combined financial position without altering previously reported results for either institution.
The most recent analyst rating on (HBAN) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Huntington Bancshares stock, see the HBAN Stock Forecast page.
Spark’s Take on HBAN Stock
According to Spark, TipRanks’ AI Analyst, HBAN is a Outperform.
HBAN scores well primarily on financial performance (strong profitability and cash generation with moderate leverage) and a positive earnings outlook (NII and fee growth guidance with solid credit expectations). Valuation is supportive (mid-teens P/E and ~3.5% yield), while technicals are mixed with near-term consolidation despite an improving longer-term trend.
To see Spark’s full report on HBAN stock, click here.
More about Huntington Bancshares
Huntington Bancshares Incorporated is a U.S. regional banking group whose primary operations are conducted through The Huntington National Bank, offering commercial and consumer banking services, lending, deposit products and related financial services. Cadence Bank is a Mississippi‑chartered regional bank with a multi‑billion‑dollar loan portfolio focused on traditional banking activities including loans, leases and deposit services across its footprint.
Average Trading Volume: 28,579,683
Technical Sentiment Signal: Buy
Current Market Cap: $28.33B
See more insights into HBAN stock on TipRanks’ Stock Analysis page.
