HBAN · News · 20260805N

Acquisition / Partnership / Divestiture

HUNTINGTON BANCSHARES INC /MD/ · 2026-08-05 · Importance 59 · Surprise 60

Huntington Bancshares is expanding its Texas operations following its acquisition of Cadence Bank. The Texas platform includes loan-business operations and coverage of Austin, San Antonio, Waco, and Bryan/College Station. Management expects the earnings power of merger synergies to become evident by the fourth quarter of 2026, while investors are monitoring deposit-pricing pressure during integration.

Key facts

• Huntington Bancshares (NASDAQ:HBAN) closed at $17.60, up 0.2%, and still trades at a 14% tangible-book discount compared to its peers; CEO Steve Steinour expects the full earnings power of partnerships to be evident by Q4. source