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 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.
Huntington Bancshares announced a private offering of subordinated notes, which will be unsecured and subordinate to existing senior debt. The net proceeds will support general corporate purposes, including asset growth of subsidiaries. Following this offering, Huntington plans to initiate a private exchange offer for certain existing subordinated notes. The offering targets qualified institutional buyers and is not contingent on the exchange offer. The company emphasizes that these notes may not be registered under the Securities Act.
Huntington Bancshares (HBAN) reported a net loss of $15 million for Q2 2021, a decrease of $165 million year-over-year, primarily due to TCF acquisition-related expenses. EPS for the quarter was ($0.05), down $0.18 YoY, but adjusted EPS was $0.35 after accounting for $0.40 in notable items. The TCF acquisition added approximately $50 billion in assets and is on track for integration by Q4 2021. The Board approved an $800 million share repurchase program for the next year. Customer satisfaction rankings from J.D. Power remain strong, highlighting the bank's focus on digital innovation.
Huntington Bancshares Incorporated has announced its Board of Directors declared a $0.15 quarterly cash dividend on common stock (Nasdaq: HBAN), payable on October 1, 2021. The record date for shareholders is September 17, 2021. Additionally, six series of preferred stock dividends were declared, including $7.06532394 for Series B, $14.69 for Series C (Nasdaq: HBANN), $1,425.00 for Series E, $1,406.25 for Series F, $1,112.50 for Series G, and $11.25 for Series H (Nasdaq: HBANP). All preferred dividends are payable on October 15, 2021.
Huntington Bancshares Incorporated (Nasdaq: HBAN) will announce its 2021 second quarter earnings on July 29, 2021, before market opening. A news release with financial data will be accessible on the Investor Relations section of the company’s website. An earnings conference call will take place at 8:30 a.m. ET, featuring a live webcast and dial-in option at (877) 407-8029 using conference ID #13720782. A replay of the call will be available until August 6, 2021.
Huntington, a regional bank holding company with $175 billion in assets, provides a range of financial services across 12 states.
Huntington (Nasdaq: HBAN) has launched Early Pay, allowing customers with qualifying direct deposits to access their paychecks up to two days early without additional fees. This initiative is part of Huntington's Fair Play Banking philosophy and aims to address customer needs. Eligible customers will be automatically enrolled and notified via email. The bank's recent product offerings also include Standby Cash, providing immediate access to $1,000 for eligible customers. Huntington continues to innovate to enhance customer financial well-being.
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