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Huntington Bancshares Incorporated
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Huntington Bancshares Incorporated is a public company listed on the USA stock exchange. The company's ticker symbol is HBAN, and it is listed on the NASDAQ stock exchange.
Huntington Bancshares Incorporated is a bank holding company headquartered in Columbus, Ohio. It was founded in 1866 and is one of the largest bank holding companies in the United States. The company's subsidiary, Huntington National Bank, provides a wide range of banking services to individuals, small and medium-sized businesses, and commercial clients.
As of December 31, 2022, Huntington Bancshares Incorporated had assets totaling approximately $144 billion. The company operates over 1,000 banking branches and over 1,800 ATMs across the Midwest, including Ohio, Illinois, Indiana, Kentucky, Michigan, Minnesota, Pennsylvania, West Virginia, and Wisconsin.
Huntington Bancshares Incorporated offers a variety of financial services, including consumer and commercial lending, deposit and treasury management services, insurance, and investment products.
In addition to its banking operations, Huntington Bancshares Incorporated has a strong commitment to philanthropy and community development. The company's philanthropic arm, the Huntington Foundation, supports initiatives focusing on education, health care, and community development.
In its most recent quarterly earnings report, Huntington Bancshares Incorporated reported net income of $371 million, a decrease of 31.4% from the same period in the previous year. The company also reported total loans and leases of $73.67 billion, a 6% decrease from the same period in the previous year.
Huntington Bancshares Incorporated ranks 612 out of 24,000 public companies in the United States by market capitalization.
Steven C. Steinour has been the President and Chief Executive Officer of Huntington Bancshares Incorporated since January 1, 2009.
Huntington Bancshares Incorporated has faced some challenges in recent years, including a 2019 data breach that affected thousands of customers and a 2020 cyberattack that disrupted the company's online and mobile banking services. However, the company has since taken steps to enhance its cybersecurity and protect customer data.
Huntington Bancshares Incorporated has received several awards and recognitions, including being named as one of Forbes' 2022 Best Banks in America.
Overall, Huntington Bancshares Incorporated is a well-established bank holding company with a long history of providing banking services to individuals and businesses across the United States.
Huntington Bancshares Incorporated operates a bank that provides a wide variety of services for people and businesses. The corporation places a high priority on philanthropy and has contributed to the improvement of the communities it serves. Although the corporation has encountered some difficulties, it has made efforts to overcome them and protect its clients' data.