Der X-News Explorer ist die ultimative Informationsquelle für börsenaffine Anleger, die sich schnell und komfortabel einen Überblick über die aktuelle Nachrichtenlage eines börsennotierten Unternehmens verschaffen möchten. Ihnen stehen hier verschiedene Newswire-Services zur Verfügung. Wird ein News-Alert angezeigt, liegen Unternehmensnachrichten vor, die Sie möglicherweise interessieren könnten. Dieser Service wird Ihnen von PR-Newswire bereitgestellt.
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.
Additional, specialized Sponsor Coverage professionals introduce dedicated Buy-Side M&A advisory to Capstone's fully integrated suite of services.
BOSTON, Dec. 3, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, announces the launch of its newly formed Buy-Side M&A Advisory Group (the Group). Kaity Templin recently joined the firm as a Director on its Sponsor Coverage Team to oversee the development of the function. Deepening service offerings include outsourced corporate development solutions for private equity and corporate clients seeking inorganic growth through proprietary acquisitions in both one-off transactions and long-term buy-and-build engagements.