Evercore ISI raises Huntington Bancshares target to $20

0 min read | Published on 12 Jun 2026, 08:14 PM |Updated on 12 Jun 2026, 08:14 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Evercore ISI Group analyst John Pancari maintained an Outperform rating for Huntington Bancshares and raised the price target to $20 from $19.

*this image is generated using AI for illustrative purposes only.

Evercore ISI Group analyst John Pancari has maintained an Outperform rating for Huntington Bancshares while increasing the stock's price target. The new target is set at $20, up from the previous $19.

Rating and Price Action

The adjustment reflects a positive outlook on the bank's performance. The table below details the revised rating and price targets.

Metric	Value
Rating	Outperform
Previous Price Target	$19
New Price Target	$20

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove Evercore ISI's decision to raise the price target for Huntington Bancshares?

How might Huntington Bancshares' recent performance compare to its peers in the regional banking sector?

What are the potential risks that could hinder Huntington Bancshares from reaching the new $20 price target?

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Huntington opens first Kernersville branch in Carolinas

1 min read | Published on 10 Jun 2026, 01:36 AM |Updated on 10 Jun 2026, 01:36 AM

Reviewed by

Jubin VScanX News Team

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Key Highlights

The Huntington National Bank opened its first branch in Kernersville, North Carolina, on June 9, 2026, marking its 10th full-service location in the Carolinas. The new branch at 250 E. Mountain St. is the fourth in the Triad area, part of a plan to open approximately 55 branches regionally. Huntington also completed its merger with Cadence Bank and Veritex Community Bank conversion earlier this year to support growth.

*this image is generated using AI for illustrative purposes only.

The Huntington National Bank opened its first branch in Kernersville, North Carolina, on June 9, 2026, expanding its footprint in the Carolinas. Located at 250 E. Mountain St., the newly built, freestanding facility represents the bank's 10th full-service branch in the Carolinas and the fourth in the Triad area. This opening is part of Huntington's strategy to establish approximately 55 branches across the region.

The Kernersville branch offers a full range of financial services, including local, personalized advice, drive-thru teller lanes, and a drive-up ATM. The bank now operates across eight markets in the Carolinas, strengthening its commitment to local customers and communities.

Triad Expansion

Huntington's presence in the Triad area includes the new Kernersville location alongside three other branches opened this year. The network consists of a flagship location in Winston-Salem at 578 S. Westview Drive, a second Winston-Salem branch at 194 E. Hanes Mill Road, and a Greensboro branch at 1401 Four Seasons Station Drive.

Branch Location	Address
Kernersville	250 E. Mountain St.
Winston-Salem (Flagship)	578 S. Westview Drive
Winston-Salem	194 E. Hanes Mill Road
Greensboro	1401 Four Seasons Station Drive

Strategic Growth

Trent Holland, regional president for North Carolina and South Carolina, emphasized the significance of reaching the 10-branch milestone. The expansion began in May of last year with the opening of the first full-service branches in Spartanburg, South Carolina, and Charlotte, North Carolina. Since then, Huntington has added locations in Charleston and Greenville, South Carolina, and Raleigh, North Carolina.

Earlier this year, Huntington completed its merger with Cadence Bank and the conversion of Veritex Community Bank. These partnerships are intended to create a platform for further organic growth and investment in the region. Huntington Bancshares Incorporated is a $285 billion asset regional bank holding company headquartered in Columbus, Ohio, operating over 1,400 branches in 21 states.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What is the projected timeline for completing the remaining 45 branches to reach the 55-branch goal in the Carolinas?

How will the recent mergers with Cadence Bank and Veritex Community Bank influence Huntington's competitive positioning in the Triad market?

What specific metrics will Huntington use to evaluate the success of its organic growth strategy in the Carolinas over the next year?