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 Incorporated (Nasdaq: HBAN) is a regional bank holding company headquartered in Columbus, Ohio, with roots dating back to 1866. Its news flow highlights activities across banking, payments, wealth management, and risk management services delivered through The Huntington National Bank and its affiliates. This page aggregates press releases, corporate announcements, and other media coverage related to HBAN stock and the Huntington organization.
Recent news emphasizes Huntington’s strategic growth through mergers and acquisitions. The company has entered into an Agreement and Plan of Merger under which Cadence Bank will merge with and into The Huntington National Bank, with Huntington’s bank as the surviving institution. Joint press releases and SEC filings report that all required regulatory approvals have been received and that shareholders of both companies have approved the transaction, with closing expected on or about February 1, 2026, subject to remaining conditions. Other releases describe regulatory approval and closing plans for the merger of Veritex Holdings, Inc. and its bank subsidiary into Huntington and The Huntington National Bank.
Investors following HBAN news will also see updates on dividends, prime rate changes, earnings calls, and conference presentations. Huntington has issued releases on quarterly cash dividends for its common and preferred stock, adjustments to its prime rate, and scheduling details for earnings conference calls and appearances at financial services conferences. Additional items include announcements involving subsidiaries such as Capstone Partners and references to wealth management affiliates that may become part of Huntington through mergers.
By reviewing this news feed, users can track how Huntington communicates with markets about strategic transactions, capital actions, and operating developments over time.
Huntington National Bank, in partnership with PAi Retirement Services, has launched the Huntington 401(k) Center for Business, a retirement solution tailored for small and mid-sized businesses. This initiative provides comprehensive support for retirement plans, with Huntington serving as the fiduciary advisor for investment management and PAi managing plan administration. As the leading originator of SBA 7(a) loans for four consecutive years, Huntington aims to aid small businesses in efficiently managing their 401(k) plans amidst market volatility.
Capstone Partners has announced key leadership appointments across various industry groups following its merger with Huntington National Bank. The firm aims to enhance growth and acquisitions amidst market volatility. New leaders include Ian Cookson for Aerospace & Defense, Darin Good for Building Products, and David Michaels for Technology, Media & Telecom, among others. Collectively, these leaders bring extensive experience, having closed billions in transactions. Capstone offers a full suite of investment banking and financial advisory services and has over 175 professionals across the U.S.
Huntington Bancshares Incorporated (Nasdaq: HBAN) has announced an increase in its prime rate from 4.75% to 5.5%, effective July 28, 2022. This is the second increase this year, following a change on June 16, 2022, when the rate rose from 4% to 4.75%. The bank, with assets totaling $179 billion, provides a range of financial services across more than 1,000 branches in 11 states. This change may impact borrowing costs for consumers and businesses, reflecting broader economic trends.
Huntington Bancshares has declared a quarterly cash dividend of $0.155 per common share (Nasdaq: HBAN), unchanged from the previous quarter. This dividend is payable on October 3, 2022, to shareholders recorded by September 19, 2022. Additionally, five series of preferred stock dividends were announced, including $13.0300 for Series B and $11.25 for Series H (Nasdaq: HBANP), payable on October 17, 2022, to shareholders recorded by October 1, 2022. The bank, headquartered in Columbus, Ohio, has assets of $179 billion.
Huntington Bancshares (HBAN) reported a record net income of $539 million, or $0.35 per common share, for Q2 2022, reflecting a significant year-over-year increase. Adjusted EPS stands at $0.36, excluding notable items. Key drivers include a 10% increase in net interest income to $115 million, and a 3% rise in average loans and leases. Expenses were reduced by $35 million, leading to a 17% growth in pre-provision net revenue (PPNR). The bank achieved record low net charge-offs of 0.03% and completed strategic acquisitions to enhance growth.
Huntington Bancshares Incorporated (NASDAQ: HBAN) plans to report its 2022 second quarter earnings on July 21, 2022, before the market opens. A news release along with financial data will be accessible in the Investor Relations section of the company's website. Additionally, an earnings conference call will be held at 10:00 a.m. ET on the same day. The company, headquartered in Columbus, Ohio, operates over 1,000 branches across 11 states, offering a broad spectrum of banking and financial services to various clients.
Huntington Bancshares (Nasdaq: HBAN) announced that it has surpassed all minimum capital requirements in the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR). The bank's modeled credit loss rate is 6.3%, lower than the peer median of 6.7%. CEO Stephen Steinour highlighted Huntington's strong balance sheet and ability to manage credit risk, which supports ongoing growth. The company's capital plan includes a proposed third quarter dividend of $0.155 per share, pending board approval.
Capstone Partners has appointed Peter Nam as the new Head of its Industrial Technology Investment Banking Group. With over 20 years of experience, including 15 years at Capstone, Nam will lead efforts to expand the team and pursue strategic acquisitions in the industrial technology sector, which Capstone views as a significant growth area. The firm has successfully closed numerous M&A transactions in this sector and aims to further enhance its advisory services. Capstone Partners is a subsidiary of Huntington Bancshares (NASDAQ: HBAN).
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). This dividend is payable on September 1, 2022, to shareholders of record as of August 15, 2022. With total assets of $174 billion, Huntington is a regional bank holding company based in Columbus, Ohio, operating over 1,000 branches across 11 states, providing a variety of financial services.
Huntington Bancshares (Nasdaq: HBAN) has completed its acquisition of Capstone Partners, enhancing its investment banking and financial advisory capabilities. This strategic move expands Huntington's full-service middle market offerings and provides a unified suite of banking solutions across various sectors. Capstone's expertise in M&A, capital advisory, and financial restructuring will bolster Huntington's services, particularly in emerging markets. This acquisition aims to elevate Huntington's position as a trusted advisor to middle market clients nationwide.
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