Huntington Bancshares Incorporated Increases its Prime Rate to 7.00 Percent
Huntington Bancshares lifts its benchmark prime lending rate by 0.25 percentage points to 7.00 percent.
Sentiment and the balance of points
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Rhea-AI Summary
Huntington Bancshares (HBAN) has raised its prime lending rate from 6.75 percent to 7.00 percent, effective with its September 16, 2026 announcement.
The change reflects an increase of 0.25 percentage points in the bank’s benchmark rate used to price many variable-rate loans.
Details
News Market Reaction – HBAN
On Sep 17, the first trading day after this news, HBAN closed 0.38% above the previous close. Argus tracked a trough of -6.0% from its starting point during tracking. Our momentum scanner recorded 82 alerts in the available session data. That session’s volume was 1.5x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Sep 17 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Huntington
Huntington Bancshares Incorporated is a
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SOURCE Huntington Bank