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Investing.com - Keefe, Bruyette & Woods maintained its Market Perform rating and $19.00 price target on Huntington Bancshares (NASDAQ:HBAN) following the bank’s presentation at a competitor conference.
KBW noted that Huntington disclosed continued loan growth momentum, with third-quarter 2025 expectations exceeding both KBW and consensus forecasts.
The firm highlighted that Huntington is experiencing favorable margin trends that are expected to continue into 2026.
KBW also reported that Huntington’s acquisition of VBTX could close in early fourth quarter of 2025, based on comments made during the presentation.
The research firm characterized Huntington’s overall update as "solid" while maintaining its neutral stance on the stock.
In other recent news, Huntington Bancshares reported second-quarter 2025 core earnings per share of $0.38, surpassing both TD Cowen’s estimate of $0.36 and the Street consensus of $0.34. The company has maintained its quarterly cash dividend of $0.155 per common share, which will be payable on October 1, 2025, to shareholders of record on September 17, 2025. Additionally, Huntington Bancshares declared dividends on five series of its preferred stock, with payments scheduled for October 15, 2025.
BofA Securities raised its price target for Huntington Bancshares to $20.00, maintaining a Buy rating, citing confidence in the company’s revenue growth and increased investor interest. DA Davidson also increased its price target to $20.00, highlighting Huntington’s strong loan and deposit growth and its top-quartile adjusted return on tangible common equity. Meanwhile, TD Cowen adjusted its price target to $21.00 from $22.00, maintaining a Buy rating.
Keefe, Bruyette & Woods reiterated a Market Perform rating with a $19.00 price target, noting the company’s strong business momentum as it enters the second half of 2025. These developments reflect positive sentiment from analysts and ongoing operational success for Huntington Bancshares.
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