Huntington Bancshares Incorporated (HBAN) is a multi-state diversified regional bank holding company headquartered in Columbus, Ohio. The company provides a wide range of commercial and consumer banking services through its subsidiaries, including deposits, lending, payments, mortgage banking, and various financing options . HBAN operates through two main business segments: Consumer & Regional Banking and Commercial Banking, offering products and services such as investment management, trust, brokerage, and insurance . The company emphasizes a "Fair Play" banking philosophy with innovative products like 24-Hour Grace® and Asterisk-Free Checking® .
-
Consumer & Regional Banking - Offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, and insurance.
-
Commercial Banking - Provides services to mid-market to large corporate clients, including wealth management, trust, insurance, payments, and treasury management capabilities.
You might also like
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Stephen D. Steinour ExecutiveBoard | Chairman, President, and CEO | Trustee of The Ohio State University Wexner Medical Center; Co-chair of The Columbus Partnership; Board Member of Bath & Body Works, Battelle Memorial Institute, Bank Policy Institute, Ohio Business Roundtable, and The Clearing House. | Joined HBAN in 2009 as Chairman, President, and CEO. Previously held executive roles at Citizens Financial Group and CrossHarbor Capital Partners. Holds a bachelor's degree in economics from Gettysburg College and completed Stanford's Executive Program. | View Report → |
Brant J. Standridge Executive | Senior EVP, President of Consumer and Regional Banking | Board Member of the Ohio Chamber of Commerce and Consumer Bankers Association. | Joined HBAN in April 2022. Promoted to current role in April 2023. Previously held leadership roles at Truist Financial Corporation and BB&T Corporation. Played a key role in Huntington's Carolinas expansion and deposit growth strategies. | |
Gary Torgow Executive | Chairman of The Huntington National Bank | Director at DTE Energy Company and Blue Cross Blue Shield of Michigan; Chairman of Business Leaders of Michigan; Trustee of Community Foundation for Southeast Michigan; Board Member of Detroit Regional Partnership, Invest Detroit, and Skillman Foundation. | Joined HBAN in June 2021 following the merger with TCF Financial Corporation. Previously served as Executive Chairman of TCF and Talmer Bancorp. Founder of The Sterling Group, a real estate and investment company. | |
Helga S. Houston Executive | Senior EVP, Chief Risk Officer | N/A | Joined HBAN in September 2011. Promoted to CRO in January 2012. Oversees scalable risk processes and controls, ensuring top-tier performance in CCAR stress tests and disciplined credit approaches. | |
Marcy C. Hingst Executive | Senior EVP, General Counsel | N/A | Joined HBAN in October 2023. Previously held leadership roles at Bank of America, including Global Financial Crimes Executive and Chief Risk Officer for Global Wealth and Investment Management. | |
Scott D. Kleinman Executive | Senior EVP, President of Commercial Banking | Board Member and Finance Committee Chair of Franklin Park Conservatory; Finance Committee Member of Jewish Columbus. | Joined HBAN in 1991. Leads Commercial Banking growth initiatives, including geographic expansion and new industry verticals. Recognized for driving strategic fee revenue growth and achieving Greenwich Excellence Awards for U.S. Small Business and Middle Market Banking. | |
Zachary J. Wasserman Executive | Chief Financial Officer | N/A | No detailed bio or external roles provided in the documents. | |
Ann B. Crane Board | Director | President and CEO of Crane Group Company. | Director since 2010. Chair of the Community Development Committee. Leads Crane Group Company, a diversified portfolio company. Former director of the Federal Reserve Bank of Cleveland. | |
David L. Porteous Board | Director | Attorney at McCurdy, Wotila & Porteous, P.C.. | Director since 2003. Serves as Independent Lead Director and Chair of the NESG Committee. Extensive experience in economic development and corporate law. Former director of the Federal Home Loan Bank of Indianapolis. | |
Gina D. France Board | Director | Director at CBIZ, Inc., Cedar Fair, L.P., and BNY Mellon Family of Funds. | Director since 2016. CEO of France Strategic Partners LLC. Extensive experience in strategy, investment banking, and corporate finance. Former Managing Director at Ernst & Young. | |
J. Michael Hochschwender Board | Director | CEO of The Smithers Group, Inc.; Board Member of Burton D. Morgan Foundation and Tulane School of Science and Engineering. | Director since 2016. Chair of the Technology Committee. Leads The Smithers Group, a technology-based services company. Extensive experience in business leadership and technology. | |
Kenneth J. Phelan Board | Director | Senior Advisor at Oliver Wyman, Inc.; Director at Adtalem Global Education Inc.. | Director since 2019. Chair of the Risk Oversight Committee. Former Chief Risk Officer for the U.S. Department of the Treasury and RBS Americas. | |
Richard W. Neu Board | Director | Lead Director at Tempur Sealy International, Inc.. | Director since 2010. Chair of the Audit Committee. Former Chairman and CEO of MCG Capital Corporation. Extensive experience in banking and financial reporting. |
- "Given that you have reduced your asset sensitivity by more than 50% since Q2, how would your net interest income and margin be impacted if interest rates do not decline as the forward curve suggests?"
- "With the expectation that the merchant acquiring business will add approximately 1% to overall fee revenue growth next year, what challenges do you foresee in achieving this target, and how will you address potential competitive pressures?"
- "Your projection for net interest income shows acceleration in 2025; can you provide more details on the factors driving this growth and how sensitive it is to rate movements?"
- "As you accelerate loan growth, particularly in auto loans, how are you ensuring that credit quality remains strong, and what steps are you taking to mitigate risks in the event of a downturn?"
- "With plans to increase the average duration of new securities purchases, how are you managing the potential risks associated with longer durations in a volatile interest rate environment?"
Research analysts who have asked questions during HUNTINGTON BANCSHARES INC /MD/ earnings calls.
Ebrahim Poonawala
Bank of America Securities
4 questions for HBAN
Jon Arfstrom
RBC Capital Markets
4 questions for HBAN
Manan Gosalia
Morgan Stanley
4 questions for HBAN
Matthew O'Connor
Deutsche Bank
3 questions for HBAN
John Pancari
Evercore ISI
2 questions for HBAN
L. Erika Penala
UBS
2 questions for HBAN
Peter Winter
D.A. Davidson
2 questions for HBAN
Scott Siefers
Piper Sandler
2 questions for HBAN
Steven Alexopoulos
JPMorgan Chase & Co.
2 questions for HBAN
Brian Foran
Truist Financial
1 question for HBAN
Erika Najarian
UBS
1 question for HBAN
Kenneth Usdin
Jefferies
1 question for HBAN
Nathan Stein
Deutsche Bank
1 question for HBAN
Sean Serhan
Evercore ISI
1 question for HBAN
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Capstone Partners | 2022 | Huntington Bancshares completed the acquisition of Capstone Partners on June 15, 2022, acquiring a leading middle market investment bank that enhances its capital markets capabilities, with the deal including $192 million of goodwill and expectations to boost capital markets revenues by about 50%. |
Torana (Huntington Choice Pay) | 2022 | Completed in May 2022, this acquisition of the digital payments business, later rebranded as Huntington Choice Pay, strategically expands Huntington’s digital, rapid payment solutions through enhanced technology features such as connectivity, dashboards, and multiple payment rails, initially supporting legal settlement disbursements and poised for vertical expansion. |
Recent press releases and 8-K filings for HBAN.
- Huntington Bancshares has closed its merger with Veritex Holdings, combining for $223 billion in assets, $176 billion in deposits and $148 billion in loans as of September 30, 2025.
- The acquisition adds Veritex’s 31 Texas branches, bringing Huntington’s network to over 1,000 branches across 14 states.
- C. Malcolm Holland III, Veritex’s president and CEO, joins Huntington as Chairman of Texas in a non-executive role.
- Veritex customer accounts will convert to Huntington’s systems in Q1 2026, with minimal disruption to existing banking operations.
- GAAP EPS of $0.41 (adj. $0.40), PPNR +20% YoY, ROTCE 17.8% (17.4% adj.) and TBV/share +10% YoY to $9.54
- Average loans +9.2% YoY to $58.3 B and deposits +5.3% YoY; net interest income of $1.523 B (+11.7% YoY) with NIM at 3.13%
- CET1 ratio at 10.6%, and liquidity of $100 B (203% of uninsured deposits) via $87 B FHLB/FRB capacity and $13 B cash
- Adjusted noninterest income of $606 M (+14% YoY) driven by payments (+20%) and wealth (+12%); FY25 guidance raised for NII growth to 10–11%, average loans ~9–9.5%, and deposits ~6–7%
- Delivered 14% YoY revenue growth, 16% adjusted PPNR expansion, 10% tangible book value growth, and $0.40 adjusted EPS in Q3 2025, with NIM of 3.13%, 9.2% YoY loan growth, 0.8% QoQ deposit growth, reported CET1 at 10.6%, and net charge-offs of 22 bps.
- Closing the Veritex acquisition on Monday to become the 14th largest depository in Texas, expected to drive 1 ppt efficiency ratio improvement, 30 bps ROTCE lift, contribute 2–3 bps to NIM (including ~1 bp PAA accretion), deliver $20 m Q4 PPNR benefit, and incur $125–150 m one-time expenses.
- Raised full-year 2025 guidance to ~8% standalone loan growth (9–9.5% incl. Veritex), 5.5% standalone deposit growth (6.5–7% incl. Veritex), 10–11% net interest income growth, ~7% fee income growth, 6.5% expense growth, and 1–2 bps NIM expansion in Q4.
- Targeting 9–10% adjusted CET1, planning $50 m quarterly share repurchases through 2026, and maintaining a strong dividend yield after returning over 45% of earnings as dividends in the past year.
- EPS of $0.41, adjusted EPS of $0.40 (+18% Y/Y)
- Revenue +14% Y/Y, adjusted PPP&R +16%, tangible book value +10%, and adjusted ROTCE >17%
- Average loans up $2.8 B (+2% QoQ; +9.2% Y/Y) and average deposits up $1.4 B (+1% QoQ)
- Net interest income +12% Y/Y (+$40 M; +2.7% QoQ), with NIM at 3.13%, up 2 bps
- Veritechs acquisition to close, making Huntington the 14th largest depository in Texas, with 1% efficiency ratio improvement and ~30 bps ROTCE lift
- EPS of $0.41 in Q3, up $0.07 from Q2 and $0.08 year-over-year, driving net income to $629 million, a 17% increase sequentially and 22% year-over-year.
- Net interest income rose 3% qoq (to $1.52 billion) and 11% yoy; noninterest income grew 33% qoq to $628 million and 20% yoy, reflecting strong fee revenue and a gain on the sale of part of the corporate trust business.
- Average total loans expanded 2% qoq to $135.9 billion and 9% yoy; average deposits increased 1% qoq and 5% yoy.
- Credit quality remained solid: net charge-offs at 0.22% of loans, nonperforming assets at 0.60%, and an allowance for credit losses of $2.6 billion (1.86% of loans).
- Capital ratios strengthened, with a CET1 ratio of 10.6%, tangible common equity ratio of 6.8%, and tangible book value per share of $9.54, up 4% qoq and 10% yoy; combination with Veritex set for October 20, 2025.
- Net income of $629 million and EPS of $0.41, up 17% quarter-over-quarter and 22% year-over-year.
- Net interest income rose $39 million (3%) QoQ and $155 million (11%) YoY; noninterest income reached $628 million, up $157 million (33%) QoQ and $105 million (20%) YoY.
- Average total loans of $135.9 billion, up $2.8 billion (2%) QoQ and $11.4 billion (9%) YoY; average deposits increased $1.4 billion (1%) QoQ and $8.3 billion (5%) YoY.
- Common Equity Tier 1 ratio improved to 10.6% from 10.5%, and tangible common equity ratio rose to 6.8% from 6.6%.
- Combination with Veritex Holdings scheduled for October 20, 2025.
- The Board of Governors of the Federal Reserve and the OCC approved the proposed merger of Veritex into Huntington, with Huntington as the surviving corporation, expected to close on October 20, 2025, subject to customary closing conditions.
- Veritex shareholder approval was obtained at a special meeting on September 22, 2025.
- Huntington Bancshares is a $208 billion asset regional bank operating 971 branches in 13 states; Veritex is a Texas-based bank holding company serving the Dallas–Fort Worth metroplex and Houston areas.
- Huntington Bancshares lowered its prime rate from 7.5% to 7.25%, effective September 18, 2025.
- This move follows a prior rate cut on December 19, 2024, when the prime rate was reduced from 7.75% to 7.5%.
- On September 10, 2025, Huntington Bancshares established a new series of preferred stock, 6.250% Series K Non-Cumulative Perpetual Preferred Stock, par $0.01, liquidation preference $100,000 per share, in connection with an underwriting agreement to sell 750,000 depositary shares, each representing a 1/100th interest in a share of Series K Preferred Stock.
- The depositary shares will be offered at $1,000 per share with a $10 underwriting discount, for total gross proceeds of $750 million; settlement is expected on September 11, 2025, under a deposit agreement with Computershare and five book-running managers.
- Dividends on the Series K Preferred are non-cumulative, payable quarterly at 6.250% per annum through October 15, 2030, and thereafter reset every five years to the five-year Treasury rate plus 2.653%, subject to quarterly payment dates of January 15, April 15, July 15 and October 15.
- Series K Preferred ranks pari passu with existing parity preferred series (Series B, F, G, H, I and J), senior to common stock, has no maturity, and is redeemable at Huntington’s option in whole or in part on any dividend date on or after October 15, 2030, subject to Federal Reserve approval.
- Q1 2025 earnings reported net income of $527M and EPS at $0.34, marking a 26% YoY increase .
- Loan and deposit segments grew robustly with total loans increasing by $8.9B (7% YoY) and deposits by $10.9B (7% YoY) .
- The bank approved a $1 billion share repurchase authorization, reinforcing its capital strength , .
- The Board of Directors declared a quarterly cash dividend on common stock at $0.155 per share, payable on July 1, 2025 with a record date of June 17, 2025 .
- Dividends were also declared on five series of preferred stock with amounts ranging from $0.28125 to $17.19 per share, scheduled for payment on July 15, 2025 (record date July 1, 2025) .