Huntington Bancshares (HBAN) Enters Into a Definitive Agreement to Acquire Cadence Bank

Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the Best Low Priced Stocks to Buy According to Analysts. On October 27, the company announced that it had entered into a definitive agreement for the acquisition of Cadence Bank, a $53 billion regional bank.

This marks a significant milestone in Huntington Bancshares Incorporated (NASDAQ:HBAN)’s strategic growth. This partnership, along with the acquisition of Veritex Community Bank, would give the company 5^th deposit market share in Dallas, 5^th deposit market share in Houston, and 8^th deposit market share throughout the state of Texas.

This partnership will help Huntington Bancshares Incorporated (NASDAQ:HBAN) achieve a foothold in high-growth markets, creating a strong platform for further organic growth and investment.

Huntington Bancshares Incorporated (NASDAQ:HBAN) plans to maintain Cadence’s broad branch network, with no branch closures and a focus on making investments. In a separate release, the company highlighted that its Q3 2025 results demonstrated the strength of its differentiated operating model, thanks to the targeted growth investments and execution of core strategies.

While we acknowledge the potential of HBAN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.