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 Incorporated (Nasdaq: HBAN) announced a temporary disruption in the live audio webcast of its presentation at the Morgan Stanley US Financials, Payments & CRE Conference due to a vendor error. The issue has been resolved, and a full replay of the presentation is now accessible in the 'Events and Presentations' section of the company's Investor Relations website.
Huntington Bancshares (Nasdaq: HBAN) announced its participation in the 2024 Morgan Stanley US Financials, Payments, and CRE Conference scheduled for June 10, 2024. Chief Financial Officer Zach Wasserman will present at 8:00 AM ET, covering business trends, financial performance, and strategic initiatives.
Capstone Partners’ Aerospace, Defense, Government, & Security (ADGS) Group released its Annual Report, highlighting key trends and data from 2023. The U.S. Aerospace & Defense (A&D) sector saw a 17% increase in shipments, returning to 2018 levels, and a 10% rise in EBITDA earnings year-over-year, outstripping the flat performance of S&P 500 earnings.
Mergers and acquisitions (M&A) activity in the sector, however, declined by 12% year-over-year and was 24% below pre-pandemic levels, influenced by higher interest rates. Despite this, strong sector fundamentals and a stabilizing financing environment suggest M&A activity might increase in the future.
The report also delves into the resurgence in demand for commercial air travel, capped defense spending, selective Government IT Services activity, robust Security Solutions & Cybersecurity outlook, and the stability offered by Training & Simulation services.
Capstone Partners has released its 2024 Women Entrepreneurs Study, analyzing over 200 female business owners in the U.S. The study reveals that 59% of women CEOs prioritize market penetration, and 53.8% focus on expanding their product or service portfolios. While only 18.1% have engaged in M&A activities, 36.7% are considering it as an exit strategy, with 64% of CEOs aged 18-34 being approached by sponsors. Preparedness for exit is higher than perceived, with 74.8% completing at least one preparation step. Major concerns include inflation (55%) and customer retention (35%). Funding challenges persist, with only 6.1% of VC deals in 2023 going to female founders, and average deal sizes significantly smaller than those for male counterparts.
Huntington Bancshares (Nasdaq: HBAN) announced the appointment of Angie Klett as President of Huntington Insurance, Inc., effective July 1, 2024. Klett succeeds Mary Beth Sullivan, who is retiring after nearly 20 years at Huntington. Klett will oversee the growth and management of Huntington Insurance's various segments, including commercial, employee benefits, life, personal lines, and title and captive insurance. Before joining Huntington, Klett was a Senior Vice President at Nationwide Insurance, where she led mergers, acquisitions, and strategic partnerships. Huntington Bancshares, a $194 billion asset regional bank, offers a range of financial services and operates approximately 970 branches across 11 states.
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