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Huntington Bancshares to Acquire Cadence Bank

Story Highlights
  • Huntington Bancshares plans to acquire Cadence Bank, expanding its presence in the South.
  • The $7.4 billion merger will create a top 10 bank, enhancing market share and growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Huntington Bancshares to Acquire Cadence Bank

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Huntington Bancshares ( (HBAN) ) has issued an update.

On October 27, 2025, Huntington Bancshares announced its agreement to acquire Cadence Bank, a move that will significantly expand its presence in the South and Texas. This merger is expected to create a top 10 bank with $276 billion in assets and $220 billion in deposits, enhancing Huntington’s market share in key regions and providing a platform for further growth. The transaction, valued at $7.4 billion, is anticipated to close in the first quarter of 2026, subject to regulatory and shareholder approvals. The merger aligns with Huntington’s strategy to extend its reach into high-growth markets and maintain Cadence’s community-focused banking approach.

The most recent analyst rating on (HBAN) stock is a Buy with a $18.00 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.

Huntington Bancshares receives a strong overall score driven by excellent financial performance and positive earnings call sentiment. The valuation is reasonable, offering a good dividend yield. However, technical indicators suggest a bearish trend, which slightly offsets the positive aspects.

To see Spark’s full report on HBAN stock, click here.

More about Huntington Bancshares

Huntington Bancshares Incorporated is a regional bank holding company with $223 billion in assets, headquartered in Columbus, Ohio. Founded in 1866, it provides a wide range of banking, payments, wealth management, and risk management services across more than 1,000 branches in 14 states. Cadence Bank, with $53 billion in assets, operates over 390 locations in the South and Texas, offering banking, investment, trust, and mortgage services.

Average Trading Volume: 29,259,015

Technical Sentiment Signal: Buy

Current Market Cap: $25.17B

See more insights into HBAN stock on TipRanks’ Stock Analysis page.

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