With a maximum market limit of 24.2 billion dollars, Huntington Bangsheris Incorporen (HBAN) is a regional bank diversity company. Through its subsidiary, Huntington National Bank, it provides a wide range of commercial financial services, consumers and wealth in the United States in the United States
The shares of Columbus, based in Ohio, have left the broader market over the past 52 weeks. HBAN stocks increased by 9.4 % during this time frame, while the broader S&P 500 index ($ SpX) increased by more than 17 %. In addition, Huntington’s shares in Bonxcry increased by 1.9 % on the basis of YTD, compared to an increase of SPX by 8.2 %.
If we look closely, the Pank Holding shares also led to the return of the SPDR SPDR Financial Fund (XLF) by 19.6 % over a period of 52 weeks and 8.5 % on the basis of YTD.
Despite reporting the profitability of the average Q2 2025 of $ 0.38, which corresponds to unanimity estimates and the best revenues than expected for more than two billion dollars, HBAN shares decreased by 1.6 % on July 18 due to the increase in non -interest expenses, which increased by 7 % on an annual basis. Including income also decreased by 4 %, and credit quality showed mixed results, with a rise of 3 % in the provisions of credit loss and an increase of 9.2 % in non -operating assets. In addition, it has achieved $ 58 million of securities that redefine a decrease in pre -tax profits and affected EPS, which raised investor concerns.
For the current fiscal year, which ends in December 2025, analysts expect that modified HBAN profitability will grow by 18.6 % on an annual basis to $ 1.47. The company’s promising profits date. I have overcome unanimity estimates or met in the last four quarters.
Of the 21 analysts covering the arrow, the category of consensus is a “strong purchase”. This depends on 15 “strong purchase” classifications, two “moderate purchases”, three “Holds”, and one “strong sale”.
On July 10, JPMorgan raised its target price on Huntington Bancshares to $ 18 while maintaining the “weight gain” classification.
As of writing, the stock is traded less than the average price of $ 19.17. The goal of the high price of $ 21 has a potential increase of 27.3 % of current price levels.
On the date of publication, Sohini Mondal did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com
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