1. Huntington Bancshares lowers prime rate from 7.5% to 7.25%. 2. New rate effective September 18, 2025. 3. Last rate change was in December 2024. 4. HBAN's prime rate reduction may enhance consumer lending. 5. Rate reductions could signal easing economic conditions.
Lowering the prime rate can stimulate loan demand, positively impacting revenue. Historical examples show similar rate cuts by banks often led to increased stock prices due to higher loan activity.
The decrease in the prime rate is a direct action by HBAN that can impact its financial performance. Market participants closely watch such changes for potential lending growth and profitability.
Immediate effects on consumer borrowing and spending likely within months. Past trends indicate quick stock price reactions to prime rate adjustments.
COLUMBUS, Ohio, Sept. 17, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (NASDAQ:HBAN) announced that its prime rate is decreasing from 7.5 percent to 7.25 percent, effective September 18, 2025.
Huntington's rate last changed on December 19, 2024, decreasing from 7.75 percent to 7.5 percent.
About Huntington
Huntington Bancshares Incorporated is a $208 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates 971 branches in 13 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated