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Huntington Bancshares, Inc. - HBAN STOCK NEWS

Welcome to our dedicated news page for Huntington Bancshares (Ticker: HBAN), a resource for investors and traders seeking the latest updates and insights on Huntington Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Huntington Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Huntington Bancshares's position in the market.

Rhea-AI Summary
Huntington National Bank has announced the appointment of Marcy Hingst as General Counsel, succeeding Jana Litsey who will retire at the end of 2023. Hingst will join the bank's Executive Leadership Team and oversee all legal activities for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
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none
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Rhea-AI Summary
Huntington Bancshares Incorporated (Nasdaq: HBAN) announces an increase in its prime rate from 8.25 percent to 8.5 percent, effective July 27, 2023. This marks the second rate increase in 2023, following the change from 8 percent to 8.25 percent on May 4. The company aims to reflect the current economic conditions and maintain profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
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none
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Rhea-AI Summary
Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income of $559 million, or $0.35 per common share, for the second quarter of 2023. Earnings per common share (EPS) decreased by $0.04 from the prior quarter. Net interest income decreased by $63 million, or 4%, from the prior quarter. Pre-Provision Net Revenue (PPNR) decreased by $42 million, or 5%, from the prior quarter to $802 million. Ending total deposits increased by $2.7 billion from the prior quarter. Average total loans and leases increased by $925 million, or 1%, from the prior quarter to $121.3 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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Rhea-AI Summary
Huntington Bancshares Inc. (HBAN) declares unchanged quarterly cash dividend of $0.155 per common share and cash dividends on six series of preferred stock. The common stock dividend is payable on October 2, 2023, to shareholders of record on September 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
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dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.1%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
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none
Huntington Bancshares, Inc.

Nasdaq:HBAN

HBAN Rankings

HBAN Stock Data

19.38B
1.44B
0.92%
82.08%
1.85%
Commercial Banking
Finance and Insurance
Link
US
Columbus

About HBAN

huntington bancshares incorporated is a $70 billion asset regional bank holding company headquartered in columbus, ohio, with a network of more than 750 branches and more than 1,500 atms across six midwestern states. founded in 1866, the huntington national bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. huntington also provides auto dealer, equipment finance, national settlement and capital market services that extend beyond its core states. visit huntington.com for more information. the huntington national bank, member fdic. the logo mark and huntington® are federally registered service marks of huntington bancshares incorporated. huntington social media community guidelines: http://bit.ly/huntingtonsocialmedia