Huntington Bancshares (HBAN) Balances Expansion With Execution Risks

Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the best cheapest stocks to buy on Robinhood. On March 16, DA Davidson analyst Peter Winter lowered his price target on Huntington Bancshares Incorporated (NASDAQ:HBAN) from $21 to $20, while keeping a Buy rating. The move was driven primarily by concerns about execution risk tied to two simultaneous acquisitions the bank is in the process of.

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The headline acquisition is the merger with Cadence Bank, which is now completed. According to Winter, this acquisition has expanded Huntington’s footprint into Texas and the Southeast massively. The acquisition added 390 branches and pushed the combined entity to approximately $279 billion in assets, $221 billion in deposits, and $187 billion in loans, across nearly 1,400 locations in 21 states, noted Winter.

However, DA Davidson’s concern is not whether the integration will succeed. In fact, Winter explicitly acknowledged Huntington’s proven track record on bank integrations. The issue, as per the analyst, is that the road ahead looks bumpy. He expects the first half of 2026 to remain volatile, with the outlook improving meaningfully once the Cadence Bank integration wraps up around mid-2026.

Another concern, though secondary, is whether management will pursue yet another acquisition before digesting the two it already has on its plate. This is a risk that could stretch execution capacity and keep investor sentiment cautious in the near term, noted Winter.

Huntington Bancshares Incorporated (NASDAQ:HBAN) provides retail and commercial banking services through its regional branch network and digital platforms. Its products include checking and savings accounts, mortgages, auto loans, small business lending, and investment management.

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