Experienced leader brings strong track record helping organizations navigate periods of growth and transformation COLUMBUS, Ohio, Sept. 12, 2024 /PRNewswire/ -- The Huntington National Bank ("Huntington") today announced Timothy Miller has been named executive vice president, chief communications officer (CCO). Miller joins Huntington's executive leadership team and leads Huntington's corporate communications organization. He is accountable for companywide strategic communications planning and oversees all ...

At the Barclays Global Financial Services Conference, Huntington Bancshares Incorporated (HBAN) provided an update on its progress with strategic initiatives and the rising trend of loan and deposit balances. Let's delve deeper. HBAN's Rising Loan and Deposit Balances Huntington continues to show strength in its organic growth. HBAN's total loan balance recorded a four-year (ended 2023) compound annual growth rate (CAGR) of 12.8%. This was mainly driven by the strong performance of commercial and consumer p ...

Huntington Bancshares Inc.'s (HBAN) shares rose 2.5% in yesterday's trading session after the company announced its plans to expand its banking franchise in North Carolina and South Carolina. The bank intends to add more than 350 employees across varied business divisions and launch roughly 55 retail branches within the next five years. The first branches will be located in Charlotte, Raleigh and Winston-Salem in North Carolina and Charleston, Columbia and Greenville in South Carolina. The bank is currently ...

Key Takeaways Huntington Bank has acquired the naming rights for the Cleveland Browns' stadium for the next 20 years, making the team's home "Huntington Bank Field." The Columbus, Ohio-based bank bought the naming rights for the Browns' "existing stadium or a new one." The team and city are in the midst of months of disputes over whether the Browns will remain in Cleveland or build a new stadium in the suburbs. Huntington Bank (HBAN) has acquired the naming rights to the stadium where the Cleveland Browns a ...

70 Huntington Bancshares Incorporated | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------|----------------------------------------------|-------------------------------------------------------------------|------------------------------------|------------------------------------------|-------------------------------------|-----------------------------|---------------------------------| | (dollar amounts in \nmillions) | Valuation Technique | Quantitative Information \nSignif ...

Shares of Huntington Bancshares (NASDAQ:HBAN) have been a solid performer over the past year, rising by 24% as its strong deposit franchise has helped it weather the regional banking crisis. After a solid Q2, shares sit at a 52-week high and are up 15% since my buy recommendation in April, outpacing the market's 9% return. Shares are now at my $15 price target, however, making now a good time to revisit the stock. I would remain long shares. Additionally, its CRE loan book is rather small. It accounts for 9 ...

In addition, the Board declared quarterly cash dividends on six series of its preferred stock: All six preferred stock cash dividends are payable October 15, 2024, to their respective shareholders of record on October 1, 2024. Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $196 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities ...

Shares of the company gained 2% in the pre-market trading. However, a full day's trading session will depict a clearer picture. Revenues Fall, Expenses Rise NII (FTE basis) was $1.33 billion, down 2% from the prior-year quarter's tally. The downside was due to a decline in the net interest margin (NIM), partially offset by an increase in average earning assets. NIM contracted 12 basis points to 2.99% in the reported quarter. Non-interest expenses were up 6% year over year to $1.12 billion. The uptick was ma ...

Tim Sedabres - Director, Investor Relations Steve Steinour - Chairman, President and CEO Zach Wasserman - Chief Financial Officer Brendan Lawlor - Chief Credit Officer Greetings, welcome to the Huntington Bancshares Second Quarter 2024 Earnings Conference Call. At this time all participantsÂ' are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. Thank you, Operator. Welcome, everyone, and good mor ...

For the quarter ended June 2024, Huntington Bancshares (HBAN) reported revenue of $1.82 billion, down 1.9% over the same period last year. EPS came in at $0.30, compared to $0.35 in the year-ago quarter. Here is how Huntington Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move ...