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Regional Midwest Banks
Regional Midwest banks refer to financial institutions that operate primarily in the Midwest region of the United States. These banks typically offer a range of financial services, including consumer and commercial banking, mortgage lending, and wealth management. Here are some general information about public Midwest banks that are listed on the U.S. stock exchanges:
1. Huntington Bancshares Incorporated (HBAN): Based in Columbus, Ohio, Huntington is a $170 billion asset regional bank that provides a full range of financial services through its array of consumer, small business, commercial, treasury management, wealth management, business banking, automotive financing, and mortgage banking services.
2. U.S. Bancorp (USB): Headquartered in Minneapolis, Minnesota, U.S. Bancorp is a $553 billion asset bank holding company that provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services.
3. Fifth Third Bancorp (FITB): Based in Cincinnati, Ohio, Fifth Third is a $203 billion asset regional bank that offers a range of financial services, including commercial banking, branch banking, consumer lending, and wealth management.
4. KeyCorp (KEY): Headquartered in Cleveland, Ohio, KeyCorp is a $171 billion asset regional bank that provides a range of financial services, including consumer and commercial banking, commercial leasing, investment management, and investment banking.
5. PNC Financial Services Group (PNC): Based in Pittsburgh, Pennsylvania, PNC is a $444 billion asset bank holding company that provides a range of financial services, including retail banking, corporate and institutional banking, asset management, and residential mortgage banking.
These banks are publicly traded on the U.S. stock exchanges and their stocks are actively traded by individual and institutional investors. Before investing in any of these banks, it is important to conduct thorough research and consider factors such as the bank's financial performance, risk profile, and industry trends.