Huntington Bancshares lowers prime rate to 7.25 percent

COLUMBUS, Ohio - Huntington Bancshares Incorporated (NASDAQ:HBAN) announced it will decrease its prime rate from 7.5 percent to 7.25 percent, effective Thursday, September 18, 2025.

The regional bank holding company’s previous rate adjustment occurred on December 19, 2024, when it lowered the prime rate from 7.75 percent to 7.5 percent.

Huntington Bancshares, founded in 1866, operates as a $208 billion asset regional bank holding company headquartered in Columbus, Ohio. With a market capitalization of $25.74 billion and a P/E ratio of 13.11, the company maintains 971 branches across 13 states, offering banking, payments, wealth management, and risk management products and services to consumers and businesses. The bank has maintained dividend payments for 55 consecutive years, currently offering a 3.59% yield, while achieving 7.91% revenue growth in the last twelve months.

The prime rate is a benchmark used by banks to set rates on various consumer and commercial loans, including credit cards, home equity lines of credit, and small business loans.

This announcement was made in a company press release issued Wednesday.

In other recent news, Huntington Bancshares reported second-quarter 2025 core earnings per share of $0.38, surpassing TD Cowen’s estimate of $0.36 and the consensus forecast of $0.34. DA Davidson highlighted Huntington’s peer-leading loan and deposit growth, noting a top-quartile adjusted return on tangible common equity of 17.6% and pre-provision operating leverage of 310 basis points year-over-year. BofA Securities raised its price target for Huntington Bancshares to $20.00, maintaining a Buy rating, citing sustainable revenue growth and increased investor interest in regional banks. TD Cowen adjusted its price target to $21.00 from $22.00 but kept a Buy rating. Meanwhile, Keefe, Bruyette & Woods reiterated a Market Perform rating with a $19.00 price target, acknowledging strong business momentum and growth exceeding peers. KBW also noted Huntington’s continued loan growth momentum, with third-quarter expectations surpassing forecasts. These developments reflect analysts’ confidence in Huntington Bancshares’ growth potential and financial performance.

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