Is Huntington Bancshares Stock Outperforming the S&P 500?
From Yahoo Finance: 2025-06-19 08:54:00
Huntington Bancshares Incorporated (HBAN) is a bank holding company valued at $23 billion, offering a wide range of financial services. It is considered a large-cap stock due to its market cap exceeding $10 billion, with a strong regional presence in the Midwest and a diverse portfolio catering to retail and commercial clients.
HBAN is currently trading below its 52-week high but has seen a 6.6% increase in the past three months, outperforming the S&P 500 Index. Over the past year, HBAN has surged 26.2%, but is down 3.3% year-to-date. The stock has been trading above its 50-day moving average since May, indicating a bullish trend.
After a strong Q1 earnings release, HBAN saw a 3% increase in shares, driven by improved net interest income and revenue. Key performance drivers included growth in deposits and loans, improved net interest margin, and increased operating efficiency. HBAN outpaced its rival MTB Bank Corporation’s performance over the past year.
Analysts remain moderately optimistic about HBAN’s prospects, giving it a “Moderate Buy” rating with a mean price target of $17.75, suggesting a 12.8% premium to its current price levels. This information is solely for informational purposes.
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