Huntington Bancshares Incorporated

Huntington Bancshares Incorporated is a multi-state diversified regional bank holding company headquartered in Columbus, Ohio, providing full-service commercial and consumer banking, payments, wealth management, and capital markets services through its principal subsidiary, The Huntington National Bank, to customers across 21 states. With $285 billion in total assets following its February 2026 merger with Cadence Bank, Huntington has vaulted from a Midwest-centred regional into a super-regional with meaningful scale in Texas and the Southeast — markets that management characterises as a "springboard" for growth in the back half of this decade.

This is a story about a bank attempting to compound through an industry transition. The rate-driven NIM expansion that lifted bank earnings from 2022 through early 2025 has plateaued; the next leg of earnings growth, if it comes, will depend on volume, fee income, and expense discipline. Huntington enters this period with what management calls a "flywheel of value creation": a model that generates peer-leading organic loan and deposit growth, funds accelerating investment in technology and talent, and targets a 200-basis-point expansion in return on tangible common equity — from 16–17% today to 18–19% by 2027 — driven largely by cost and revenue synergies from its recent acquisitions. The file turns on a single question: whether the integration of Cadence and Veritex delivers on those promises before the credit cycle or the competitive environment turns less supportive.