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 Bancshares (Nasdaq: HBAN) will report its Q3 2021 earnings on October 28, 2021, prior to market opening, alongside a news release and financial data. A conference call will occur on the same day at 10:00 a.m. ET, accessible via webcast and phone at (877) 407-8029 with conference ID 13723641. Huntington, headquartered in Columbus, Ohio, manages assets totaling $175 billion and operates over 1,200 branches across 12 states, offering comprehensive banking services.
Huntington Bancshares has declared a quarterly cash dividend of $356.25 per share on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM). The dividend, which equates to $0.35625 per depositary share, will be payable on December 1, 2021 to shareholders who are on record as of November 15, 2021.
This reflects the company's ongoing commitment to provide returns to its shareholders amidst its operations as a significant regional bank with assets totaling $175 billion.
Huntington (Nasdaq: HBAN) has appointed Aaron Sporck to lead its middle market banking efforts in West Virginia. This strategic move aims to enhance the bank's commercial banking services, including lending and treasury management. Sporck, with over 20 years of public service experience, previously served as Director of Economic Development for Senator Shelley Moore Capito. His commitment to fostering economic growth positions him well for this role. Huntington Bancshares, a $175 billion asset regional bank, continues to expand its footprint, operating over 1,200 branches across 12 states.
Huntington Bancshares (Nasdaq: HBAN) announced the redemption of all 4,000,000 outstanding depositary shares of its 5.875% Series C Non-Cumulative Perpetual Preferred Stock on October 15, 2021. Each depositary share will be redeemed at a price of $25.00, along with declared and unpaid dividends of $0.36725 per share, covering the period from July 15, 2021 to October 15, 2021. After the redemption date, dividends will cease to accrue. The shares are held through the Depository Trust Company, following standard redemption procedures.
Huntington Bancshares Incorporated (Nasdaq: HBAN) announced its participation in the Barclays Global Financial Services Conference on September 13, 2021. Zach Wasserman, CFO, will present virtually at 11:15 AM ET, discussing business trends, financial performance, and strategic initiatives. A moderated Q&A session will follow. Interested investors can access the live presentation via Huntington's investor relations page, with a replay available later. As a regional bank holding company with $175 billion in assets, Huntington operates over 1,200 branches across 12 states.
Huntington Bancshares has extended the early participation date for its private exchange offers for certain subordinated notes. The new deadline is set for September 3, 2021. Holders of old notes can exchange them for 2.487% Fixed-to-Fixed Rate Subordinated Notes due 2036. As of August 20, 2021, approximately $60 million of new notes are expected to be issued. An early participation amount of $30 will be included in the total consideration for each $1,000 principal amount of old notes. The withdrawal date remains unchanged.
Huntington Bancshares announced the pricing of private exchange offers for its subordinated notes, allowing eligible holders to exchange old notes for new notes. The exchange offers will expire on September 3, 2021, with an early participation date of August 20, 2021. Holders who participate by this date will receive a total exchange consideration of $30 for each $1,000 of old notes. The exchange offers are subject to conditions outlined in a confidential offering memorandum dated August 9, 2021.
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Huntington Bancshares has initiated private exchange offers for its subordinated notes, including its 4.350% notes due 2023 and 6.250% notes due 2022, allowing eligible holders to exchange these for new 2.487% subordinated notes due 2036. The total principal amount for the new notes is expected to reach $500 million, with the offering closing on September 3, 2021. Holders who participate by August 20, 2021, may receive an early participation bonus of $30 per $1,000 of old notes. The exchange offers are contingent on specific conditions outlined in the offering memorandum.
Huntington Bancshares has priced a private offering of $500 million in fixed-to-fixed rate subordinated notes due 2036 at 100% of the principal with a 2.487% coupon. Proceeds will support general corporate purposes, including asset growth for subsidiaries. This offering targets qualified institutional buyers under Rule 144A and is subject to market conditions. The notes will not be registered initially under the Securities Act.