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Huntington Bancshares Incorporated Decreases Its Prime Rate To 7 Percent
Prnewswireยท 2025-10-29 21:00
Group 1 - Huntington Bancshares Incorporated announced a decrease in its prime rate from 7.25% to 7.00%, effective October 30, 2025 [1] - The previous change in the prime rate occurred on September 18, 2025, when it decreased from 7.5% to 7.25% [1] Group 2 - Huntington Bancshares Incorporated is a regional bank holding company with $223 billion in assets, headquartered in Columbus, Ohio [2] - The company provides a comprehensive suite of banking, payments, wealth management, and risk management products and services to various clients, including consumers and businesses [2] - Huntington operates over 1,000 branches across 14 states [2] Group 3 - Huntington Bancshares Incorporated has entered into a definitive agreement to acquire Cadence Bank, which has $53 billion in assets [3]