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 reports recurring developments as a regional bank holding company built around The Huntington National Bank and related affiliates. Company news covers consumer and commercial banking, payments, wealth management, risk management products, quarterly earnings communications, and cash dividends on common and preferred stock.
Updates also include commercial banking expansion in U.S. markets, consumer banking partnerships, and activity from Capstone Partners, Huntington's middle-market investment banking subsidiary. Capstone-related news commonly addresses M&A advisory, debt and equity placement, restructuring, special situations, valuation and fairness opinions, and sector reports on middle-market transaction activity.
Huntington Bancshares (Nasdaq: HBAN) and Veritex Holdings (Nasdaq: VBTX) announced on Oct 3, 2025 that the Board of Governors of the Federal Reserve and the Office of the Comptroller of the Currency have approved their proposed merger.
All required regulatory approvals have been received, Veritex shareholders approved the deal on Sept 22, 2025, and the transaction is expected to close on Oct 20, 2025, subject to satisfaction or waiver of customary closing conditions. Huntington will be the surviving corporation and Veritex Community Bank will merge into The Huntington National Bank.
Huntington (NYSE:HBAN) on October 3, 2025 named Jim Danneman Regional President for the Southern Ohio/Kentucky region. Danneman has 30+ years in commercial and private banking and previously led Middle Market banking for Fifth Third's Cincinnati region. He will lead Huntington's regional banking model, provide strategic leadership to market teams, and drive business and community relationships across a region with ~50 branches and nearly 800 colleagues.
Danneman holds a BSBA in Economics and an MBA from Xavier University and is active on regional nonprofit boards.
Huntington Bancshares (Nasdaq: HBAN) has announced a reduction in its prime rate from 7.5% to 7.25%, effective September 18, 2025. This marks the bank's second prime rate decrease in recent months, following a previous reduction from 7.75% to 7.5% on December 19, 2024.
Huntington Bancshares (NASDAQ:HBAN) has declared a quarterly cash dividend on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock. The dividend amount is set at $356.25 per share (equivalent to $0.35625 per depositary share). Shareholders of record as of November 15, 2025 will receive the dividend payment on December 1, 2025.
Capstone Partners, a subsidiary of Huntington National Bank (NASDAQ: HBAN), announced that COO Olivia Ferris has been named to American Banker's "Most Powerful Women in Banking: NEXT" list for 2025. Since joining in 2011, Ferris has advanced to COO in 2023, playing a crucial role in launching the Buy-Side M&A Advisory Group and managing the firm's 2022 acquisition by Huntington.
Under her leadership, Capstone achieved a 90% workforce retention rate post-acquisition while expanding services and maintaining its culture. Ferris also serves on the board of IMAP, a global investment banking partnership, and supports nonprofits focused on early childhood education and family support.
Huntington Bancshares (Nasdaq: HBAN) announced its participation in the upcoming 2025 Barclays Global Financial Services Conference on September 8, 2025. The company's CFO Zach Wasserman and Consumer and Regional Banking President Brant Standridge will deliver a presentation at 9:00 AM ET.
The presentation will cover business trends, financial performance, and strategic initiatives. Investors can access the live audio webcast through Huntington's investor relations website, where a replay will also be available afterward.
Huntington Bancshares (NASDAQ: HBAN) has declared its quarterly cash dividends for both common and preferred stocks. The company will maintain its common stock dividend at $0.155 per share, payable on October 1, 2025, to shareholders of record as of September 17, 2025.
Additionally, the bank announced quarterly dividends for five series of preferred stock, all payable on October 15, 2025, to shareholders of record on October 1, 2025. The preferred stock dividends range from $11.25 to $1,406.25 per share across different series, with corresponding depositary share equivalents.
Huntington Bancshares (NASDAQ: HBAN) reported strong Q2 2025 results with net income of $536 million, or $0.34 EPS, up 13% year-over-year. The quarter featured robust growth in key metrics, with net interest income increasing 12% YoY to $155 million.
The bank demonstrated solid loan and deposit growth, with average total loans increasing 8% YoY to $133.2 billion and average deposits growing 6% YoY to $9.9 billion. Credit quality remained strong with net charge-offs at 0.20%. The bank maintained a healthy CET1 ratio of 10.5% and improved its tangible book value per share by 16% YoY to $9.13.
Notably, Huntington announced a strategic combination with Veritex Holdings to accelerate growth in the Texas market.
Capstone Partners has released its Aerospace, Defense, Government, & Security (ADGS) Annual Report, revealing strong performance in the sector during 2024. The U.S. Aerospace and Defense Industry showed remarkable growth with sector index EBITDA increasing 14% year-over-year, outperforming the S&P 500's 11% growth.
Key highlights include a 15% year-over-year increase in M&A transactions, significantly outpacing the broader North American M&A market's 3% growth. Sector shipments rose 8% year-over-year, exceeding pre-Max issue peaks. Private equity sponsors dominated deal activity, with expectations of continued expansion through 2025.
Despite strong fundamentals, the sector faces challenges including economic concerns, reduced commercial aircraft orders, and production issues. The report also notes a proposed 13% increase in Defense spending in the President's budget.
Huntington Bancshares (NASDAQ: HBAN) has announced the acquisition of Veritex Holdings in an all-stock transaction valued at $1.9 billion, along with preliminary Q2 2025 results. The merger will significantly expand Huntington's presence in Texas markets, particularly Dallas/Fort Worth and Houston.
Under the deal terms, Huntington will issue 1.95 shares for each Veritex share, implying $33.91 per share. Veritex brings $13 billion in assets, $9 billion in loans, and $11 billion in deposits. The transaction is expected to close in early Q4 2025.
Huntington's Q2 2025 preliminary results show EPS of $0.34, up 13% year-over-year, with net interest income of $1.5 billion, up 12% from the previous year. The bank reported strong loan and deposit growth, with average loans increasing 8% and deposits up 6% year-over-year.
[ "Strategic expansion into high-growth Texas markets through acquisition of $13B asset bank", "Q2 2025 EPS increased 13% year-over-year to $0.34", "Net interest income grew 12% year-over-year to $1.5B", "Strong loan growth of 8% and deposit growth of 6% year-over-year", "Excellent credit quality with low net charge-offs of 0.20%", "Tangible book value per share increased 16% year-over-year" ]