Huntington Bancshares Incorporated Depositary Shares Each Representing a 1/1000th Interest in a Share of 5.50% Series L Non-Cumulative Perpetual Preferred Stock (HBANZ)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach HBANZ as a preferred-stock claim on Huntington Bancshares, not as common equity. The underlying regional bank has reported earnings: in fiscal 2025, revenue was $1.6B, net income $2.2B and diluted EPS $1.39, versus $1.5B, $1.9B and $1.22 in fiscal 2024, and $1.4B, $2.0B and $1.24 in fiscal 2023. That is a reasonably steady record, though not extraordinary. FairStock's numbers show ROE of 9.00%, price-to-book of 1.25, Piotroski F-Score of 7/9 and a FairStock Score of 51/100. The Lynch category is FAST GROWER, based on 22.0% five-year profit growth and 12.1% revenue growth, but I weigh that less for a fixed-dividend preferred. The Series L preferred yields 7.44% at the 2026-10-13 close of $18.47, within a 52-week range of $18.38-$22.23. That yield is attractive only if the bank's capital and credit remain sound. The key flaw is the non-cumulative feature: dividends can be skipped without accumulating, and preferred sits behind depositors and creditors. I cannot assess CET1, net interest margin or credit/underwriting metrics from the data provided. A 9% ROE and P/B of 1.25 leave only a modest cushion. I would call the preferred reasonably priced for the risk, but not a sure thing.

In plain English: Huntington is a regional bank holding company. This security is preferred stock, which pays a fixed 5.50% dividend and ranks ahead of common stock but behind depositors and creditors. The bank is profitable and has a decent record, but its returns are moderate and the dividend is not guaranteed; at $18.47 it yields 7.44%, so the price looks fair-to-cheap for the income, with meaningful risk.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer