Huntington Bancshares Incorporated Decreases Its Prime Rate To 7 Percent

Rhea-AI Summary

Huntington Bancshares (Nasdaq: HBAN) announced its prime rate will decrease from 7.25% to 7.00%, effective October 30, 2025.

The release notes Huntington last changed the prime rate on September 18, 2025, when it decreased from 7.50% to 7.25%.

Positive

• Prime rate set at 7.00% effective October 30, 2025
• Company recorded two rate cuts since September 18, 2025 (7.50%→7.25%→7.00%)

Negative

• Prime rate declined by 0.50 percentage point since September 18, 2025 (7.50% to 7.00%)

COLUMBUS, Ohio, Oct. 29, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.25 percent to 7.00 percent, effective October 30, 2025.

Huntington's rate last changed on September 18, 2025, decreasing from 7.5 percent to 7.25 percent.

About Huntington

Huntington Bancshares Incorporated is a $223 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 14 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

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SOURCE Huntington Bancshares Incorporated

FAQ

What change did Huntington (HBAN) announce to its prime rate on October 29, 2025?

Huntington announced the prime rate will decrease from 7.25% to 7.00%, effective October 30, 2025.

When is Huntington's (HBAN) new prime rate effective?

The new prime rate of 7.00% takes effect on October 30, 2025.

How many times did Huntington (HBAN) change its prime rate in 2025 through October 29?

Huntington changed its prime rate twice: September 18, 2025 (7.50%→7.25%) and October 30, 2025 (7.25%→7.00%).

What was Huntington's (HBAN) prime rate before the October 30, 2025 change?

Before the October 30, 2025 change, the prime rate was 7.25%.

How much has Huntington's (HBAN) prime rate moved since September 18, 2025?

The prime rate moved down by 0.50 percentage point from 7.50% to 7.00% between September 18 and October 30, 2025.