Huntington Bancshares Surges 1.53% on 46.85% Volume Spike Ranks 148th as BofA Upgrades Target to $20

On September 4, 2025, Huntington Bancshares (HBAN) saw a trading volume of $640 million, a 46.85% increase from the previous day, ranking 148th in market activity. The stock rose 1.53% to close the session.

BofA Securities upgraded its price target for HBAN to $20 from $19, maintaining a Buy rating. The adjustment reflects confidence in the bank’s ability to sustain revenue growth above peers and growing investor interest in regional banks. The firm revised 2026/2027 EPS estimates to $1.63/$1.86 and based the new target on a 12.5x FY26 P/E and 1.8x year-end 2026 tangible book value. Analysts highlighted potential upside from loan and revenue growth surprises, which could validate the bank’s strategic investments.

HBAN’s Q2 2025 core EPS of $0.38 exceeded expectations, with DA Davidson also raising its price target to $20. The bank’s consistent 7.91% year-over-year revenue growth and 55-year dividend streak underscore its financial resilience. Keefe, Bruyette & Woods reiterated a Market Perform rating, citing robust loan and deposit expansion as key drivers.

Historical data shows HBAN’s Q2 2024 EPS of $0.34 beat forecasts, contributing to an 8% annual revenue rise. However, the stock briefly declined during that period despite strong earnings, indicating mixed market reactions to past performance.