Description
⋅ Bullish flag formation on HBAN.
Different entry points annotated.
HBAN is trading at a 13.79x P/E ratio versus 22x @ SBNY, 19x @ SIVB, 29x @ FRC, or 15x @ RF & FITB.
The benefits from acquiring TCF bank will begin emerging over the course of the rest of this year and be in full effect in 2022.