Huntington Bancshares (HBAN) – Regional Bank on the Verge of a Breakout
Regional banks have been under pressure for most of 2025, weighed down by concerns about tariffs, small business credit, and a labor market that hasn’t felt quite as solid as in past cycles. But with the 30-year mortgage rate falling in 9 of the past 12 weeks to 6.56%, activity is starting to pick up across the banking sector. Mortgage refinancing is just one area where lower rates drive more business, and the impact tends to outweigh the margin compression that comes when borrowing costs fall. That’s why regional banks are finally starting to break through expectations that had been set incredibly low earlier this year.
Huntington Bancshares (HBAN) stands out here. The Ohio-based lender, founded in 1866 and operating over a thousand branches, has a chart pattern that looks like it’s setting up for a clean reversal. Shares are breaking out of an inverse head and shoulders formation — a pattern many technicians consider among the most reliable signals for a change from bearish to bullish momentum. Importantly, this isn’t happening in isolation. The move is supported by steadily increasing trading volume, which suggests real institutional buying.
From a valuation perspective, Huntington looks attractive too. The stock trades around a 13x price-to-earnings ratio and pays a dividend yield of about 3.5%. That gives investors both income and upside if the technical picture plays out. For those managing risk closely, the $15.50 to $16.00 range can be used as a near-term stop zone. But for longer-term investors, the setup points toward a potential move to a “two-handle” price in the not-too-distant future.
In short, HBAN is no longer just another regional bank name. With the group showing strong breadth, new 52-week highs, and momentum behind financials broadly, this is exactly the type of setup worth paying attention to.
