STOCK TITAN

Huntington Bancshares Inc - HBAN STOCK NEWS

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.

Rhea-AI Summary
Huntington National Bank receives ABA Foundation Community Commitment Award for its Lift Local Business program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
-
Rhea-AI Summary
Huntington National Bank sets record with over $1.3 billion in SBA 7(a) loans to support small businesses
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
none
-
Rhea-AI Summary
Huntington Bancshares to release Q3 2023 financial results on October 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
Rhea-AI Summary
Huntington Bancshares declares quarterly cash dividend on preferred stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
dividends
-
Rhea-AI Summary
Middle market M&A volume declined 15.9% YoY in Q2 2023, but dealmaking remains resilient. Total transaction volume across all deal sizes declined 24.8% YoY. M&A activity in the middle market is expected to rebound in Q1 2024. M&A valuations compressed in Q2, falling to 9.2x EV/EBITDA. Rising interest rates and tightened lending environment contributed to downward pressure on transaction pricing. Quality businesses with sustainable cash flows continue to attract buyer attention. Middle market deal activity showcases resilience. Business owner response and willingness to transact is increasing in Q3 2023. Latent interest in dealmaking and accessing capital is appearing. Best-prepared businesses will be in a prime position to capture opportunities. Key considerations for business owners on dry powder levels, buyer appetite, lending conditions, and M&A pricing trends. Private equity dealmaking activity and data on dry powder reserves. Overview of equity private capital market conditions. Full report available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
-
Rhea-AI Summary
Huntington Bancshares invests in Veuu to develop AI-based solutions for healthcare revenue cycle challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
none
Rhea-AI Summary
Huntington Bancshares to present at Barclays Global Financial Services Conference on Sep 11, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
conferences
-
Rhea-AI Summary
Huntington National Bank has announced the appointment of Marcy Hingst as General Counsel, succeeding Jana Litsey who will retire at the end of 2023. Hingst will join the bank's Executive Leadership Team and oversee all legal activities for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
none
-
Rhea-AI Summary
Huntington Bancshares Incorporated (Nasdaq: HBAN) announces an increase in its prime rate from 8.25 percent to 8.5 percent, effective July 27, 2023. This marks the second rate increase in 2023, following the change from 8 percent to 8.25 percent on May 4. The company aims to reflect the current economic conditions and maintain profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
none
Rhea-AI Summary
Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income of $559 million, or $0.35 per common share, for the second quarter of 2023. Earnings per common share (EPS) decreased by $0.04 from the prior quarter. Net interest income decreased by $63 million, or 4%, from the prior quarter. Pre-Provision Net Revenue (PPNR) decreased by $42 million, or 5%, from the prior quarter to $802 million. Ending total deposits increased by $2.7 billion from the prior quarter. Average total loans and leases increased by $925 million, or 1%, from the prior quarter to $121.3 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
Huntington Bancshares Inc

Nasdaq:HBAN

HBAN Rankings

HBAN Stock Data

19.91B
1.44B
0.95%
86.99%
4.01%
Banks - Regional
National Commercial Banks
Link
United States
COLUMBUS