11 Best Regional Bank Dividend Stocks to Buy

7. Huntington Bancshares Incorporated (NASDAQ:HBAN)

Number of Hedge Fund Holders: 44

Huntington Bancshares Incorporated (NASDAQ:HBAN) is an Ohio-based bank holding company that offers a wide range of banking services, including commercial and consumer banking. The company reported strong earnings in the fourth quarter of 2024, with revenue coming in at $1.95 billion, up 13.5% from the same period last year. Its net interest income of $44 million also grew by 3% on a YoY basis. In addition, the company’s average total deposits increased by 2% from the prior-year period.

In light of the banking crisis of 2023, Huntington Bancshares Incorporated (NASDAQ:HBAN) implemented measures to shield itself from the possible effects of additional interest rate increases. The bank launched a pay-fixed swaption program, functioning as a form of insurance for its portfolio. This initiative aimed to preserve the market value of its securities in the event of a two to three-percentage-point rise in interest rates, serving as a safeguard against potential rate fluctuations.

On January 17, Huntington Bancshares Incorporated (NASDAQ:HBAN) declared a quarterly dividend of $0.155 per share, which was the same as in the previous quarter. Though the company doesn’t hold any dividend growth track record, it has been paying regular dividends to shareholders since 1989, which makes it one of the best dividend stocks on our list. As of April 3, the stock has a dividend yield of 4.61%.