Huntington Bancshares (HBAN) Price Target Raised by $1

Huntington Bancshares Incorporated (NASDAQ:HBAN) is included among the 7 Best Low-Risk Dividend Stocks to Invest in.

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Huntington Bancshares Incorporated (NASDAQ:HBAN) operates as a regional bank holding company. Through its main banking unit, Huntington National Bank, and related affiliates, it serves consumers as well as small and mid-sized businesses, corporations, municipalities, and other organizations.

On January 26, Truist analyst Brian Foran lifted his price recommendation on Huntington Bancshares Incorporated (NASDAQ:HBAN) Bancshares Incorporated (NASDAQ:HBAN) to $21 from $20. The analyst also reiterated a Buy rating after the bank posted a stronger-than-expected Q4. That said, the firm trimmed its FY26 EPS forecast by 7% to $1.70, pointing to a higher expense outlook as the main reason for the adjustment, according to the research note.

Separately, a January 22 Reuters report said Huntington expects its interest income to reach a record level in 2026. The bank is seeing faster loan growth and wider margins, helped by improving industry conditions. Borrowing activity has picked up across the banking sector as the U.S. Federal Reserve has started cutting rates, while easing deposit costs are also improving the profitability outlook.

Huntington now expects net interest income to grow between 10% and 13% for the full year on a standalone basis. The bank generated $6.06 billion in NII in 2025. It also agreed in October to acquire smaller rival Cadence Bank in a $7.4 billion deal. Once completed, the transaction is expected to contribute an additional $1.85 billion to $1.90 billion to full-year NII. On a standalone basis, Huntington sees average loan growth of 11% to 12% this year, with average deposits projected to rise between 8% and 9%.

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Disclosure: None.