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 has appointed Christian Corts as the new director overseeing regional banking teams across its 11-state footprint. Corts, previously the North Texas regional president at Truist Financial, will enhance Huntington's regional banking model to improve customer responsiveness. He brings extensive experience in commercial and corporate banking, aiming to drive growth and financial performance across regions. Huntington, with assets of $183 billion, operates over 1,000 branches and focuses on providing comprehensive banking services to various sectors. Corts will be based in Columbus, Ohio, and officially begins his role in April 2023.
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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 equates to $0.35625 per depositary share, payable on June 1, 2023, to shareholders of record as of May 15, 2023. The company, headquartered in Columbus, Ohio, boasts $183 billion in assets and operates over 1,000 branches across 11 states, offering a range of banking and financial services.
Huntington Bancshares Incorporated (Nasdaq: HBAN) has announced an increase in its prime rate from 7.75 percent to 8 percent, effective March 23, 2023. This marks the latest adjustment since the previous increase on February 2, 2023, when the rate rose from 7.5 percent to 7.75 percent. As a regional bank holding company with $183 billion in assets, Huntington serves a diverse range of clients, including consumers and small businesses, across more than 1,000 branches in 11 states.
Capstone Partners released its 2022 Middle Market M&A Valuations Index, showing that EBITDA multiples for M&A transactions under $500 million declined from 10.7x in 2021 to 9.9x in 2022. Tightened lending conditions and inflationary pressures led to reduced valuations, with only 36% of multiples exceeding 10.0x, down from 40% in 2021. Despite these challenges, industries such as Building Products, Healthcare, Industrial Technology, and Transportation recorded increases in EBITDA multiples. The average gross margin for sold companies dropped to 31.5% from 37.9% in 2021, while EBITDA margin fell to 18.8% from 19.5%.
Huntington Bancshares Incorporated (Nasdaq: HBAN) plans to announce its 2023 first quarter earnings on April 20, 2023, before market opening. A corresponding news release and financial data will be available on the company's Investor Relations website. Management will host an earnings conference call at 11:00 a.m. ET, accessible via live webcast or dial-in at (877) 407-8029 with conference ID #13737064. A replay will be available after the call until April 28, 2023. Huntington, a regional bank holding company with $183 billion in assets, operates over 1,000 branches across 11 states, providing a wide range of financial services.
Huntington National Bank, headquartered in Columbus, Ohio, has secured 11 awards from Coalition Greenwich for its Commercial Banking services aimed at middle market businesses. The accolades include seven national and one regional Greenwich Excellence Awards in categories such as Overall Satisfaction and Cash Management. Additionally, Huntington earned three Best Brand Awards, recognizing its commitment to customer service and long-term relationships. The awards are based on evaluations from nearly 10,000 interviews with businesses earning $10 million to $500 million. Huntington, a $183 billion asset regional bank, has over 1,000 branches in 11 states.
Huntington Bancshares Incorporated (Nasdaq: HBAN) will present at the RBC Capital Markets 2023 Global Financial Institutions Conference on March 8, 2023, at 11:20 AM ET. CFO Zach Wasserman will discuss the company's business, financial performance, and strategic initiatives, including forward-looking statements.
Investors can access the live audio webcast via the investor relations section of Huntington's website, with a replay available thereafter. Huntington, a regional bank holding company with assets of $183 billion, operates over 1,000 branches across 11 states.
Capstone Partners, a middle market investment banking firm based in Boston, has recently expanded its team by hiring several senior-level professionals, particularly to bolster its Transportation & Logistics group. This expansion follows a significant merger with Huntington National Bank in 2022, aimed at enhancing Capstone's expertise in key markets. Notable new hires include Gordon Mackay and Jonathan Adams, both managing directors with extensive backgrounds in investment banking and logistics. Capstone aims to maintain growth momentum despite challenging market conditions, focusing on aggressively pursuing opportunities in the Transportation & Logistics sector.
Huntington Bancshares (Nasdaq: HBAN) will participate in the Bank of America Securities 2023 Financial Services Conference on February 15, 2023, at 11:20 AM ET. Executives Steve Steinour and Zach Wasserman will present to analysts and investors, discussing the bank's business outlook, financial performance, and strategic initiatives. This engagement will also include forward-looking statements. Interested parties can access a live audio webcast through the investor relations section of Huntington's website, where a replay will be available afterward. Huntington, with $183 billion in assets, operates over 1,000 branches across 11 states.