COLUMBUS, Ohio, April 28, 2025 /PRNewswire/ -- The Huntington National Bank (Huntington) is pleased to announce Eric Wasserstrom has joined as Executive Vice President, Head of Investor Relations, effective April 28.

Wasserstrom brings a wealth of knowledge and expertise, including more than two decades of experience in the financial services industry. He was most recently at Walgreens Boots Alliance, where he served as Senior Vice President and Head of Global Investor Relations, leading engagement with the investment community and shaping the company's long-term financial strategy. Before Walgreens, he spent four years at Discover Financial Services as Senior Vice President of Investor Relations and Enterprise Strategy, playing a key role in aligning strategic initiatives with shareholder priorities. Earlier in his career, Wasserstrom was a highly regarded equity research analyst for many years, primarily at UBS Securities, building deep expertise across the financial services sector.

COLUMBUS, Ohio, April 17, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable July 1, 2025, to shareholders of record on June 17, 2025.

In addition, the Board declared quarterly cash dividends on five series of its preferred stock:

Exceptional Q1 Results Highlighted by Growth in Loans and Deposits, Expanded Net Interest Income, and Continued Strong Performance in Fee Revenue, Driving Robust Year-Over-Year Profit Growth

2025 First-Quarter Highlights:

Earnings per common share (EPS) for the quarter were $0.34, unchanged from the prior quarter, and $0.08 higher than the year-ago quarter. Excluding the after-tax impact of Notable Items, EPS was higher by $0.06 from the year-ago quarter.Net interest income increased $31 million, or 2%, from the prior quarter, and $139 million, or 11%, from the year-ago quarter.Total deposit costs were 2.03%, down 13 basis points from the prior quarter.Noninterest income decreased $65 million, or 12%, from the prior quarter, to $494 million. From the year-ago quarter, noninterest income increased $27 million, or 6%.Average total loans and leases increased $2.7 billion, or 2%, from the prior quarter to $130.9 billion, and increased $8.9 billion, or 7%, from the year-ago quarter.Average commercial loans grew $2.2 billion or 3% from the prior quarter and $5.8 billion or 8% from the year-ago quarter.Average consumer loans grew $491 million or 1% from the prior quarter and $3.1 billion or 6% from the year-ago quarter.Average total deposits increased $2.2 billion, or 1%, from the prior quarter and $10.9 billion, or 7%, from the year-ago quarter.Net charge-offs of 0.26% of average total loans and leases for the quarter, 4 basis points lower than the prior quarter.Nonperforming asset ratio of 0.61% at quarter end, 2 basis points lower than the prior quarter.Allowance for credit losses (ACL) of $2.5 billion, or 1.87% of total loans and leases, at quarter end, an increase of $32 million from the prior quarter.Common Equity Tier 1 (CET1) risk-based capital ratio was 10.6%, at March 31, 2025, up from 10.5% in the prior quarter. Adjusted Common Equity Tier 1, including the effect of AOCI, was 8.9%, up from 8.7% in the prior quarter.Tangible common equity (TCE) ratio of 6.3%, up from 6.1% in the prior quarter and 6.0% from a year ago.Tangible book value per share of $8.80, up $0.47, or 6%, from the prior quarter and up $1.03, or 13%, from a year ago.The Board of Directors approved a $1 billion share repurchase authorization.

BOSTON, April 3, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2024 Middle Market M&A Valuations Index, reporting that middle market M&A activity in 2024 showed signs of stabilization after facing valuation pressure in 2023. While equity markets largely shrugged off the rapid interest rate hikes last year, dealmaking remained constrained by high financing costs, uncertain cash flow projections, and a cautious private equity buyer pool. As a result, average middle market M&A valuations declined to 9.4x EV/EBITDA in 2024, compared to 9.6x in 2023 and 9.9x in 2022. The median EBITDA multiple also dropped for the fifth consecutive year, reflecting a continued narrowing pool of competitive bids. Despite this challenging valuation environment, several industries demonstrated resilience. Agriculture, Business Services, Consumer, Energy, Financial Technology & Services, Healthcare, and Industrial Technology sectors saw year-over-year (YOY) improvements in average EBITDA purchase multiples, suggesting selective strength in certain sectors.

COLUMBUS, Ohio, April 2, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will release first quarter 2025 financial results prior to the market opening on Thursday, April 17, 2025. A news release and supporting financial data will be available at that time on the Investor Relations section of the company's website (www.huntington-ir.com).

The Company will host a conference call to review quarterly financial results at 11 a.m. ET.

COLUMBUS, Ohio, March 31, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable June 2, 2025, to shareholders of record on May 15, 2025.

BOSTON, March 25, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2025 industry activity. With extensive knowledge and transaction experience, Capstone Partners' Consumer Investment Banking Team provides unique commentary on 14 key sectors: Apparel, Footwear, & Accessories; Automotive Aftermarket; Beauty; Beverage; Convenience Store & Fuel Distribution; E-Commerce; Food; Home Goods; Outdoor Recreation & Enthusiasts; Pest Control; Pet; Sports Technology; Tactical Products; and Vitamins & Supplements.

BOSTON, March 21, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, is pleased to announce that Crista Gilmore has been promoted to Managing Director within the firm's Building Products & Construction Services Group. This appointment reflects the exceptional dedication and expertise she has contributed to the firm and its clients over her tenure.

Gilmore joined the firm in 2017 and has over 15 years of experience in mergers & acquisitions advisory, public accounting, valuation, and corporate finance assignments. She specializes in working with businesses in Architecture, Engineering, and various trades sectors on sell-side transactions.

BOSTON, March 18, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its Annual Industrials M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2025 industry activity. With extensive knowledge and transaction experience, Capstone Partners' Industrials Investment Banking Team provides unique commentary on nine key sectors: Chemicals, Engineered Products, Environmental Health & Safety, HVAC, Industrial & Environmental Services, Metals Manufacturing, Packaging, Precision Manufacturing, and Waste & Recycling.

COLUMBUS, Ohio, Feb. 27, 2025 /PRNewswire/ -- The Huntington National Bank has received 18 "Best Bank" awards as part of the 2025 Coalition Greenwich Awards for the banking, financing and investing services it delivered last year to small businesses and middle market companies across the U.S.

The annual awards program recognizes outstanding leadership in U.S. small business banking and middle market banking based on thousands of interviews with companies. It is sponsored by Crisil Coalition Greenwich, a global provider of strategic benchmarking, analytics and insights to the financial services industry.

Award Recognizes Outstanding Leaders and Dealmakers with Notable Impact on the Industry

BOSTON, Feb. 25, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, is pleased to share that Tess Oxenstierna, Managing Director and the firm's Head of Aerospace, Defense, Government & Security Group, has been named Investment Banker of the Year by the Global M&A Network. Presented at the 16th Annual Americas M&A Atlas Awards in New York on February 6, 2025, this award recognizes outstanding leaders and dealmakers who demonstrate exceptional industry expertise and impact each year.

COLUMBUS, Ohio, Feb. 19, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the RBC Capital Markets Financial Institutions Conference on Wednesday, March 5, 2025. Zach Wasserman, chief financial officer, and Amit Dhingra, chief enterprise payments officer, are scheduled to present to analysts and investors at 10:40 AM (Eastern Time). They will discuss business trends, financial performance, and strategic initiatives. The presentation will include forward-looking statements.

Easing Recession Fears, Robust Private Equity Activity Drives Strong 2025 M&A Market Outlook

BOSTON, Feb. 6, 2025 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, in conjunction with its partner IMAP, a leading global investment banking advisory firm, released its annual Trends in Global M&A Survey Report, with insights from M&A advisors across the world. This report combines Capstone's in-depth investment banking knowledge with proprietary data obtained from 100 participating IMAP M&A advisors across 54 countries. Conducted between September 19, 2024, and November 5, 2024, the survey captures sentiment at a pivotal moment in global middle market M&A, providing insight into M&A market activity throughout 2024 and anticipated dealmaking conditions in 2025.

COLUMBUS, Ohio, Feb. 4, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the UBS Financial Services Conference on Monday, February 10, 2025. Zach Wasserman, chief financial officer, Brant Standridge, president, Consumer and Regional Banking, and Scott Kleinman, president, Commercial Banking, are scheduled to present to analysts and investors at 8:50 AM (Eastern Time). They will discuss business trends, financial performance, and strategic initiatives. The presentation will include forward-looking statements.

COLUMBUS, Ohio, Jan. 23, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will host an Investor Day in New York City on Thursday, February 6, 2025. Presentations will be given by chairman, president and chief executive officer, Stephen Steinour and members of Huntington's management team. Attendance in person is by invitation only to institutional investors and analysts. Presentations are expected to begin at 8:30 a.m. ET and to conclude at approximately 1 p.m. ET.

COLUMBUS, Ohio, Jan. 17, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable April 1, 2025, to shareholders of record on March 18, 2025.

In addition, the Board declared quarterly cash dividends on five series of its preferred stock:

Q4 Results Highlighted by Record Fees and Loan Growth, Sustained Deposit Growth and Sequential Expansion of Net Interest Income

2024 Fourth-Quarter Highlights:

Earnings per common share (EPS) for the quarter were $0.34, higher by $0.01 from the prior quarter, and $0.19 higher than the year-ago quarter. Excluding the after-tax impact of Notable Items, EPS was higher by $0.07 from the year-ago quarter.The previously announced sale of approximately $1 billion of corporate debt investment securities decreased pre-tax income by $21 million, or $0.01 on an after-tax EPS basis.Net interest income increased $44 million, or 3%, from the prior quarter, and increased $79 million, or 6%, from the year-ago quarter.Total deposit costs were 2.16%, down 24 basis points from the prior quarter.Noninterest income increased $36 million, or 7%, from the prior quarter, to $559 million. From the year-ago quarter, noninterest income increased $154 million, or 38%. Excluding the impact of mark-to-market on pay-fixed swaptions, credit risk transfer transactions, and the loss on sales of securities, noninterest income increased by $49 million, or 9%, from the prior quarter and $96 million, or 20%, from the year-ago quarter.Average total loans and leases increased $3.7 billion, or 3%, from the prior quarter to $128.2 billion, and increased $6.9 billion, or 6%, from the year-ago quarter.Average commercial loans grew $2.7 billion or 4% from the prior quarter and $4.3 billion or 6% from the year-ago quarter.Average consumer loans grew $930 million or 2% from the prior quarter and $2.7 billion or 5% from the year-ago quarter.Average total deposits increased $2.9 billion, or 2%, from the prior quarter and $9.8 billion, or 7%, from the year-ago quarter.Net charge-offs of 0.30% of average total loans and leases for the quarter.Nonperforming asset ratio of 0.63% at quarter end.Allowance for credit losses (ACL) of $2.4 billion, or 1.88% of total loans and leases, at quarter end.Common Equity Tier 1 (CET1) risk-based capital ratio was 10.5%, at December 31, 2024, up from 10.4% in the prior quarter.Adjusted Common Equity Tier 1, including the effect of AOCI, was 8.7%, down from 8.9% in the prior quarter.Tangible common equity (TCE) ratio of 6.1%, down from 6.4% in the prior quarter and equal to a year ago.Tangible book value per share of $8.33, down $0.32, or 4%, from the prior quarter and up $0.54, or 7%, from a year ago.

COLUMBUS, Ohio, Dec. 18, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.75 percent to 7.5 percent, effective December 19, 2024.

Huntington's rate last changed on November 8, 2024, decreasing from 8 percent to 7.75 percent.

About HuntingtonHuntington Bancshares Incorporated is a $201 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, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates 975 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

COLUMBUS, Ohio, Dec. 10, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable March 3, 2025, to shareholders of record on February 15, 2025.

COLUMBUS, Ohio, Dec. 6, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the Goldman Sachs 2024 US Financial Services Conference on Wednesday, December 11, 2024.  Steve Steinour, chairman, president, and chief executive officer, and Zach Wasserman, chief financial officer, are scheduled to present to analysts and investors at 9:20 AM (Eastern Time). They will discuss business trends, financial performance, and strategic initiatives. The presentation will include forward-looking statements.