Welcome to our dedicated page for Huntington Bancshares news (Ticker: HBAN), a resource for investors and traders seeking the latest updates and insights on Huntington Bancshares stock.
Huntington Bancshares Inc (NASDAQ: HBAN) provides comprehensive banking services across the Midwest through its consumer, commercial, and wealth management divisions. This news hub delivers timely updates on material developments affecting this regional banking leader.
Access consolidated coverage of HBAN's financial performance, strategic initiatives, and market positioning. Track earnings announcements, leadership changes, regulatory filings, and operational milestones relevant to investors and industry observers.
Our curated news collection features press releases on consumer banking innovations, commercial lending expansions, and treasury management solutions. Stay informed about dividend declarations, capital management strategies, and community development programs across HBAN's seven-state footprint.
Bookmark this page for ongoing insights into Huntington's financial health and market strategies. Check regularly for verified updates on one of the Midwest's most established banking institutions.
Huntington Bancshares declared a quarterly cash dividend of $0.155 per common share, maintaining the same rate as the previous quarter. This dividend is to be paid on April 1, 2022, to shareholders on record as of March 18, 2022. Additionally, the Board announced quarterly cash dividends on five series of preferred stock, with payment scheduled for April 15, 2022. The preferred dividends range from $7.3479 to $1,425.00 per share. Huntington, based in Columbus, Ohio, manages assets totaling $174 billion.
Huntington Bancshares reported its Q4 2021 earnings, achieving $401 million in net income, a 59% increase year-over-year. EPS decreased to $0.26, down $0.01 from Q4 2020. Adjusted EPS was $0.36 after accounting for notable items. Total revenue rose 24% to $6 billion for 2021, driven by the TCF acquisition. Total loans increased 1% to $111.9 billion. The company repurchased $150 million in common stock and increased its dividend by 3.3%. CEO Steve Steinour expressed confidence in continued growth through 2022.
Huntington Bancshares Incorporated (Nasdaq: HBAN) is set to report its 2021 fourth quarter earnings on January 21, 2022, before market opening. This announcement follows the bank's ongoing commitment to transparency. Investors can access the earnings news release and financial data on the Investor Relations section of the company's website. Additionally, management will host an earnings conference call at 8:30 a.m. ET that day, available via a live Internet webcast and telephone dial-in. The bank, with assets of $174 billion, operates over 1,100 branches across 12 states.
Huntington Bancshares Incorporated has declared a quarterly cash dividend of $356.25 per share on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM). The dividend is payable on March 1, 2022, to shareholders of record as of February 15, 2022. This announcement reflects the company's ongoing commitment to returning value to its shareholders. Huntington Bancshares, a $174 billion asset regional bank, operates over 1,100 branches across 12 states, offering a diverse range of banking and financial services.
Huntington Bancshares (Nasdaq: HBAN) will participate in the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021. The presentation, led by CEO Steve Steinour and CFO Zach Wasserman, is scheduled for 3:40 PM ET and will address business performance and strategic initiatives, including forward-looking statements.
Investors can access the live audio presentation on Huntington's website, with a replay available afterward. Huntington Bancshares is a regional bank holding company with $174 billion in assets and over 1,100 branches across 12 states.
Huntington National Bank (Nasdaq: HBAN) urges consumers to support local businesses this holiday season, emphasizing their critical role in economic development. A 2021 SBA report highlights that small businesses make up 99% of U.S. businesses, employing nearly 47% of the workforce. Huntington is committed to assisting small businesses, especially minority-, women-, and veteran-owned, through its Lift Local Business program, which secured $22 million in loans in its first year. The bank also prioritizes cybersecurity resources for small businesses as they face increasing digital threats.
Huntington Bancshares will present at the 2021 Bank of America Securities Banking and Financials Conference on November 10, 2021, at 11:20 AM ET. Chief Financial Officer Zach Wasserman will address analysts and investors about the company's business, financial performance, and strategic initiatives. The presentation will include forward-looking statements. Interested parties can access the live audio presentation on Huntington's investor relations website, with an archived replay available afterwards.
On November 4, 2021, Black Knight (NYSE:BKI) announced that Huntington National Bank renewed its contract for the MSP loan servicing system. The renewal signifies a strong partnership as Huntington seeks growth in its consumer real estate loan portfolio. Black Knight will also provide additional solutions, including Servicing Digital, enhancing customer engagement and streamlining mortgage processes. The deal includes data analytics tools like McDash reports for better portfolio management.
Huntington Bancshares (HBAN) reported its Q3 2021 earnings with a net income of $377 million, reflecting a $74 million increase year-over-year. Earnings per share (EPS) were $0.22, down $0.05 year-over-year, but adjusted EPS reached $0.35 after excluding $0.13 in acquisition-related costs. Total revenue soared 32% to a record $1.7 billion, driven by the TCF acquisition. The company repurchased $500 million of common stock and increased its dividend to $0.155 per share. Key metrics include a tangible book value of $8.10 and a 0.86% return on average assets.
Huntington Bancshares announced a quarterly cash dividend of $0.155 per common share, reflecting a 3% increase from the previous quarter. The dividend, payable on January 3, 2022, benefits shareholders on record by December 17, 2021. Additionally, quarterly dividends were declared for five series of preferred stock, with the highest being $1,425.00 per share for Series E. These dividends are payable on January 18, 2022. The increase in dividend supports the capital allocation strategy and showcases confidence in future growth.
