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Huntington National Bank Increases Stake in U.S. Bancorp
Acquisition of additional shares boosts Huntington National Bank's ownership in financial services provider
Mar. 3, 2026 at 8:23am
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Huntington National Bank has increased its stake in U.S. Bancorp (NYSE: USB) by 3.6% in the third quarter, according to a recent SEC filing. The bank now owns 967,407 shares of the financial services provider, worth approximately $46.8 million.
Why it matters
This acquisition demonstrates Huntington National Bank's continued confidence in U.S. Bancorp's performance and growth potential. As one of the largest regional banks in the U.S., U.S. Bancorp's financial health is closely watched by investors and analysts.
The details
Huntington National Bank purchased an additional 33,557 shares of U.S. Bancorp during the third quarter, bringing its total ownership to approximately 0.06% of the company. This move comes as U.S. Bancorp has seen its stock price fluctuate in recent months, with analysts providing a range of ratings and price targets.
- Huntington National Bank increased its stake in U.S. Bancorp during the third quarter of 2026.
The players
Huntington National Bank
A regional bank headquartered in Columbus, Ohio that provides a range of banking and financial services.
U.S. Bancorp
A major financial services holding company and the parent of U.S. Bank, one of the largest commercial banks in the United States.
What they’re saying
“We must continue to monitor U.S. Bancorp's performance and market position as the banking industry evolves.”
— Analyst
The takeaway
Huntington National Bank's increased stake in U.S. Bancorp underscores the regional bank's confidence in the financial services provider's long-term prospects, despite some recent stock price volatility.
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