Trade Huntington Bancshares Inc/OH - HBAN CFD

Huntington Banc Company profile

About Huntington Bancshares Incorporated

Huntington Bancshares Incorporated is a diversified regional bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment financing, investment management, trust services, brokerage services, insurance products and services, and other financial products and services. Its segments include Consumer and Business Banking, Commercial Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group. The Bank has approximately 11 private client group offices and over 828 branches located in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania and West Virginia.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Huntington Bancshares Incorporated interest income increased 15% to $4.19B. Net interest income after loan loss provision increased 39% to $4.08B. Net income applicable to common stockholders increased 61% to $1.15B. Net interest income after loan loss provision reflects Commercial Banking segment increase from $277M to $1.28B.

Equity composition

Common Stock $0.01 Par, 03/11, 1.50B auth., 864,279,984 issd. less 881,406 shs in Treas @ $8.6M. Insiders own 0.69%. PO 3/85, 862,500 shs. @$36.75 by the Co. 7/95, 7/91, 5% stock dividends. 03/06, Co. acq. Unizan Financial Corp. @ 1.1424 shs (25,328,946 shares issd).