Huntington Bancshares, Inc. (NASDAQ:HBAN)

CAPS Rating: 4 out of 5

A multi-state diversified financial holding company which through its subsidiaries provides full-service commercial and consumer banking services, mortgage banking services, automobile financing and other insurance and financial products and services.

Recs

3
Player Avatar Drew2142 (99.00) Submitted: 12/21/2010 8:33:40 AM : Outperform Start Price: $5.16 HBAN Score: +24.47

Regional Banks, Regional Banks... oh how i love me some Regional Banks. HBAN is the bank of choice for many car dealers, and many large privately held Michigan companies. All of which have been pounded these last few years. it's no wonder HBAN was, too. But guess what, that's in the past and the future is looking up for auto's. And those large privately held companies that use HBAN, well they are just fine and their deep pockets are even deeper.

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Member Avatar GOFORAWILDRIDE (< 20) Submitted: 1/17/2011 1:30:02 PM
Recs: 0

I noticed HBAN back in July of 09 and jumped in at $3.68 my exit point is around $30

I also believe in their recovery.

Member Avatar Drew2142 (99.00) Submitted: 1/18/2011 7:04:42 PM
Recs: 0

That my friend, brings a tear to my eye. Great move. When you were going into HBAN i was going into CRBC, MCBC, and FBAC. I love regional banks. I'll hold all of them for 20 years if they continue to not go out of business. 20 years from now, people will be looking back to this time period at how generational wealth is being created and wonder why they didn't bet the farm on some of these ridiculous prices.

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