Announcement • 12h
Huntington Bancshares Incorporated Reports Net Charge Offs for the Second Quarter Ended June 30, 2026 Huntington Bancshares Incorporated reported net charge offs for the second quarter ended June 30, 2026. For the period, the company reported net charge-offs of $119 million compared to $66 million a year ago. Upcoming Dividend • Jun 10
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 17 June 2026. Payment date: 01 July 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%). Declared Dividend • May 25
First quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 17th June 2026 Payment date: 1st July 2026 Dividend yield will be 4.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (47% payout ratio) and is expected to be well covered in 3 years' time (44% forecast payout ratio). The dividend has increased by an average of 10.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 13
Huntington Bancshares Incorporated, Annual General Meeting, Apr 22, 2026 Huntington Bancshares Incorporated, Annual General Meeting, Apr 22, 2026. Location: meetnow.global/mc9uu7k, United States Declared Dividend • Mar 02
Fourth quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 18th March 2026 Payment date: 1st April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (44% payout ratio) and is expected to be well covered in 3 years' time (35% forecast payout ratio). The dividend has increased by an average of 10.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 14
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Significant insider selling over the past 3 months (€1.0m sold). Recent Insider Transactions • Feb 14
Insider recently sold €92k worth of stock On the 10th of February, Brendan Lawlor sold around 6k shares on-market at roughly €15.91 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €818k. Insiders have been net sellers, collectively disposing of €3.9m more than they bought in the last 12 months. Announcement • Feb 12
Huntington Bancshares Incorporated Provides Earnings Guidance for the Fiscal Year 2027 Huntington Bancshares Incorporated provided earnings guidance for the fiscal year 2027. For the year, the company expects revenue to be approximately $12.6 billion. Earnings per share to be between $1.90 and $1.93. New Risk • Feb 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Feb 02
Huntington Bancshares Incorporated Appoints Three New Directors Huntington Bancshares Incorporated announced that, in connection with the merger with Cadence Bank, its Board of Directors appointed three new directors, all former directors of Cadence Bank: James D. "Dan" Rollins III, Virginia Hepner, and Alice Rodriguez. James D. "Dan" Rollins III, Chairman and CEO of Cadence Bank, has joined Huntington as non-executive Vice Chairman of the Board of Directors of Huntington Bancshares Incorporated as well as a director of Huntington Bancshares Incorporated and The Huntington National Bank. Rollins had served as Chairman of Cadence Bank's Board since April 2014 and CEO of Cadence Bank since November 2012. Prior to those roles, Rollins served as president and Chief Operating Officer of Houston-based Prosperity Bancshares Inc. Throughout his four-decade banking career he also held leadership roles at Matagorda Banking Centers of Prosperity Bank, First State Bank and Trust Company. He also serves as chairman of the North Mississippi Health Services' board of directors and is a member of the finance committee and major gifts committee for the Healthcare Foundation of North Mississippi. Virginia Hepner is a retired banking executive and real estate investor who spent 25 years with Wachovia Bank (a Wells Fargo Company) in various leadership roles, including as Managing Director of U.S. Corporate Finance, the head of Foreign Exchange and Derivatives Trading, and Commercial Banking Director for Atlanta. She also serves on the boards of Oxford Industries Inc., National Vision Holdings Inc. and a number of nonprofit organizations. Alice Rodriguez is a retired banking executive who spent 35 years with JP Morgan Chase & Co in a variety of roles, including as Managing Director, Head of Community Impact and Regional Director, Consumer Banking and Wealth Management. She is Co-Owner of Kendall Milagro Inc., a Dallas-based boutique home builder and real estate investor. Rodriguez is Past Chair of the United States Hispanic Chamber of Commerce and serves on the boards of Oncor Holdings and a number of nonprofit organizations. Declared Dividend • Feb 02
Fourth quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 18th March 2026 Payment date: 1st April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (44% payout ratio) and is expected to be well covered in 3 years' time (39% forecast payout ratio). The dividend has increased by an average of 10.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 24
Full year 2025 earnings released: EPS: US$1.41 (vs US$1.24 in FY 2024) Full year 2025 results: EPS: US$1.41 (up from US$1.24 in FY 2024). Revenue: US$7.70b (up 11% from FY 2024). Net income: US$2.09b (up 16% from FY 2024). Profit margin: 27% (up from 26% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.13% (up from 3.00% in FY 2024). Cost-to-income ratio: 59.9% (down from 60.5% in FY 2024). Non-performing loans: 0.62% (up from 0.60% in FY 2024). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jan 23
Huntington Bancshares Incorporated Declares Quarterly Cash Dividends, Payable on April 1, 2026 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common
share, unchanged from the prior quarter. The common stock cash dividend is payable April 1, 2026, to shareholders of record on March 18, 2026. Announcement • Jan 22
Huntington Bancshares Incorporated Reports Net Charge-Offs for the Fourth Quarter of 2025 Huntington Bancshares Incorporated reported net charge-offs for the fourth quarter of 2025. For the quarter, the company reported net charge-offs of 0.24% of average total loans and leases for the quarter, 2 basis points higher than the prior quarter and 6 basis points lower than the year ago quarter. Upcoming Dividend • Dec 11
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 18 December 2025. Payment date: 02 January 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.6%). Announcement • Nov 18
Huntington Bancshares Appoints Trent Holland as Its Regional President for North Carolina and South Carolina Huntington Bancshares announced that it has named Trent Holland as its regional president for North Carolina and South Carolina. Heath Campbell has been promoted from those duties after 14 months to executive managing director for Middle Market Banking in the Southeast. Huntington, based in Columbus, Ohio, is the 24th-largest U.S. financial institution by total assets, with $204.2 billion in assets as of September 30. Holland most recently served as the bank's senior managing director of Middle Market Banking in South Carolina. In his new role, Holland is responsible for "providing strategic leadership to all market teams and driving the growth of business and community relationships throughout the Carolinas," according to the bank. Campbell previously served as the N.C. West regional president of Truist Financial Corp. Campbell had been with BB&T Corp. and Truist for 20 years. Declared Dividend • Oct 27
Third quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 18th December 2025 Payment date: 2nd January 2026 Dividend yield will be 4.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (43% payout ratio) and is expected to be well covered in 3 years' time (38% forecast payout ratio). The dividend has increased by an average of 10.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 20
Third quarter 2025 earnings released: EPS: US$0.41 (vs US$0.33 in 3Q 2024) Third quarter 2025 results: EPS: US$0.41 (up from US$0.33 in 3Q 2024). Revenue: US$2.01b (up 15% from 3Q 2024). Net income: US$602.0m (up 25% from 3Q 2024). Profit margin: 30% (up from 27% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Sep 10
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 17 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.1%). Announcement • Jul 20
Huntington Bancshares Incorporated Declares Quarterly Cash Dividends on Its Common Stock, Payable on October 1, 2024 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable October 1, 2024, to shareholders of record on September 17, 2024. Announcement • Apr 20
Huntington Bancshares Incorporated Declares Quarterly Dividend, Payable on July 1, 2024 Huntington Bancshares Incorporated declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable July 1, 2024, to shareholders of record on June 17, 2024. Announcement • Mar 09
Huntington Bancshares Incorporated, Annual General Meeting, Apr 17, 2024 Huntington Bancshares Incorporated, Annual General Meeting, Apr 17, 2024, at 14:00 US Eastern Standard Time. Agenda: To consider Election of Directors; to consider Advisory resolution to approve, on a non-binding basis, the compensation of executives as described in the proxy materials; to consider the Ratification of the appointment of PwC as independent registered public accounting firm for 2024; to consider Approval of the 2024 Long-Term Incentive Plan; and to consider other matters. Announcement • Jan 21
Huntington Bancshares Incorporated Provides Net Interest Income Guidance for the Year 2024 Huntington Bancshares Incorporated provided net interest income guidance for the year 2024. For the year, net interest income for the full year is expected to range between down 2% to up 2%. Announcement • Jan 20
Huntington Bancshares Incorporated Declares Quarterly Cash Dividend, Payable on April 1, 2024 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable on April 1, 2024, to shareholders of record on March 18, 2024. Announcement • Jan 19
Huntington Bancshares Incorporated Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2023 Huntington Bancshares Incorporated Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2023. For the period, the company reported Net charge-offs of $94 million compared to $50 million a year ago. Announcement • Jan 11
Huntington Bancshares Incorporated Announces Executive Changes Huntington Bancshares Incorporated announced the retirement of Paul Heller, Chief Technology and Operations Officer, effective March 1, 2024. Heller has held the top technology role since joining Huntington in 2012. He is currently responsible for the bank's information technology, operations, digital, payments, and transformation initiatives. Heller's 38-year career includes holding numerous roles at JPMorgan Chase, including serving as managing director for the corporate internet group and chief technology officer for retail banking. Prior to banking, Heller worked for a decade in management consulting, beginning his career at Andersen Consulting specializing in financial services. In conjunction with Heller's retirement, effective March 1, 2024, Amit Dhingra, Chief Enterprise Payments Officer; Kendall Kowalski, Chief Information Officer; and Prashant Nateri, Chief Corporate Operations Officer, will all join Huntington's executive leadership team and report to Steinour. Dhingra has been with Huntington for nine years and holds prior experience with Proctor & Gamble, McKinsey & Company, and U.S. Bank throughout his 27-year career. Kowalski has been with Huntington for 10 years and has a total of 28 years in the industry, an alumnus of Accenture and JP Morgan Chase. Nateri is a 26-year industry veteran and has been with Huntington for 11 years, with prior experience with JP Morgan Chase and Cambridge Technology Partners. Announcement • Jan 05
Huntington Bancshares Incorporated to Report Q4, 2023 Results on Jan 19, 2024 Huntington Bancshares Incorporated announced that they will report Q4, 2023 results Pre-Market on Jan 19, 2024 Announcement • Oct 21
Press Release: Huntington Bancshares Incorporated Declares Quarterly Cash Dividends on Common Stocks, Payable January 2, 2024 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable January 2, 2024, to shareholders of record on December 18, 2023. Announcement • Jul 23
Huntington Bancshares Incorporated Declares Quarterly Cash Dividend, Payable on October 2, 2023 Huntington Bancshares Incorporated announced that its Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable on October 2, 2023, to shareholders of record on September 18, 2023. Reported Earnings • Jul 22
Second quarter 2023 earnings released: EPS: US$0.36 (vs US$0.35 in 2Q 2022) Second quarter 2023 results: EPS: US$0.36 (up from US$0.35 in 2Q 2022). Revenue: US$1.75b (up 4.4% from 2Q 2022). Net income: US$519.0m (up 1.6% from 2Q 2022). Profit margin: 30% (in line with 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Banks industry in Europe. Upcoming Dividend • Jun 08
Upcoming dividend of US$0.15 per share at 5.4% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.2%). Recent Insider Transactions • Jun 04
Insider recently bought €233k worth of stock On the 30th of May, Gary Torgow bought around 24k shares on-market at roughly €9.85 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €5.0m more in shares than they bought in the last 12 months. Announcement • May 25
Huntington Bancshares Incorporated Announces Board Appointments The Board of Directors of Huntington Bancshares Incorporated has unanimously elected Rafael Andres Diaz-Granados, Chairman and CEO of Paragon Integrated Services Group LLC, and John C. ("Chris") Inglis, former U.S. National Cyber Director, as members of the Board. Rafael Andres Diaz-Granados is a broadly seasoned executive and international leader. Since 2020, he has served as Chairman and CEO of Paragon. Diaz-Granados is also co-founder of Angeles Investors and currently serves as CEO of Cetan Investments based in Miami. Prior to joining Paragon, Diaz-Granados held multiple country, regional, and global leadership positions with the General Electric Company, including serving as General Counsel and Chief Commercial Officer of GE Latin America, CEO of GE Mexico, and CEO of GE Spain and Portugal. During his 15-year tenure with GE, Diaz-Granados led multiple turnaround and restructuring efforts and delivered strong top-line results. As a GE Quality Leader (GE's Six Sigma certification), he oversaw the GE Healthcare Six Sigma Center of Excellence. Prior to beginning his career at General Electric, Diaz-Granados was an attorney with O'Melveny & Myers, specializing in mergers and acquisitions. Diaz-Granados also has a wide variety of board leadership experiences, including serving as a director of the Puerto Rico Electric Power Authority, the Massachusetts Growth Capital Corporation, the Latino Corporate Directors Education Foundation, Q'Max Solutions, and as Chair of Trachte. He was also Executive Director of FIFARMA. Diaz-Granados earned his bachelor's degree in economics from Harvard University and his Juris Doctor from Georgetown University Law Center. Chris Inglis is a longtime American government official who most recently served as the first-ever U.S. National Cyber Director, a Senate-confirmed position for which he was unanimously confirmed in June 2021. Prior to this appointment, he served as a Commissioner on the U.S. Cyberspace Solarium Commission from 2019 to 2020 and as the Deputy Director and Chief Operating Officer of the National Security Agency, where he was employed for 28 years. He also served on Huntington's Board of Directors prior to assuming his role as National Cyber Director. Inglis has held a number of academic and advisory positions, including the Looker Professor of Cyber Studies at the U.S. Naval Academy, a principal at Paladin Capital, a member of the Department of Defense Science Board, a member of the U.S. Strategic Command Advisory Board, a member of the Penn State Advanced Research Lab advisory board, and a Trustee of the National Intelligence University. Inglis is a retired veteran pilot, with 30 years of experience in the U.S. Air Force and Air National Guard, attaining the rank of Brigadier General. Inglis holds advanced degrees in engineering and computer science from Columbia University, Johns Hopkins University, and George Washington University. Recent Insider Transactions • May 17
Key Executive recently sold €1.4m worth of stock On the 12th of May, Paul Heller sold around 160k shares on-market at roughly €8.46 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Paul has been a net seller over the last 12 months, reducing personal holdings by €1.7m. Recent Insider Transactions • May 08
CFO & Senior EVP recently sold €914k worth of stock On the 3rd of May, Zachary Wasserman sold around 99k shares on-market at roughly €9.27 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Zachary has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €11.70, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 10% over the past year. Upcoming Dividend • Mar 10
Upcoming dividend of US$0.15 per share at 4.5% yield Eligible shareholders must have bought the stock before 17 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.6%). Recent Insider Transactions • Feb 03
Lead Independent Director recently sold €1.1m worth of stock On the 27th of January, David Porteous sold around 80k shares on-market at roughly €13.83 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.8m more than they bought in the last 12 months. Reported Earnings • Jan 23
Full year 2022 earnings released: EPS: US$1.48 (vs US$0.91 in FY 2021) Full year 2022 results: EPS: US$1.48 (up from US$0.91 in FY 2021). Revenue: US$6.97b (up 17% from FY 2021). Net income: US$2.13b (up 84% from FY 2021). Profit margin: 31% (up from 19% in FY 2021). Net interest margin (NIM): 3.25% (up from 2.94% in FY 2021). Non-performing loans: 0.48% (down from 0.64% in FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 21
Huntington Bancshares Incorporated (NasdaqGS:HBAN) announces an Equity Buyback for $1,000 million worth of its shares. Huntington Bancshares Incorporated (NasdaqGS:HBAN) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common shares. The repurchase program is subject to the Federal Reserve’s capital regulations. The repurchase program will be valid over the next eight quarters. Announcement • Dec 22
Huntington Bancshares Incorporated to Report Q4, 2022 Results on Jan 20, 2023 Huntington Bancshares Incorporated announced that they will report Q4, 2022 results Pre-Market on Jan 20, 2023 Upcoming Dividend • Dec 09
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 16 December 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.3%). Recent Insider Transactions • Dec 03
Senior EVP recently sold €737k worth of stock On the 29th of November, Michael Jones sold around 50k shares on-market at roughly €14.75 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.5m more than they bought in the last 12 months. Recent Insider Transactions • Nov 16
CFO & Senior EVP recently sold €433k worth of stock On the 7th of November, Zachary Wasserman sold around 28k shares on-market at roughly €15.44 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Zachary's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 10
CFO & Senior EVP recently sold €433k worth of stock On the 7th of November, Zachary Wasserman sold around 28k shares on-market at roughly €15.44 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Zachary's only on-market trade for the last 12 months. Recent Insider Transactions • Oct 28
Insider recently bought €249k worth of stock On the 25th of October, Gary Torgow bought around 17k shares on-market at roughly €14.79 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €4.8m more in shares than they bought in the last 12 months. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: US$0.39 (vs US$0.23 in 3Q 2021) Third quarter 2022 results: EPS: US$0.39 (up from US$0.23 in 3Q 2021). Revenue: US$1.80b (up 2.3% from 3Q 2021). Net income: US$565.0m (up 70% from 3Q 2021). Profit margin: 32% (up from 19% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Announcement • Oct 22
Huntington Bancshares Incorporated Declares Quarterly Dividend, Payable on January 3, 2023 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable January 3, 2023, to shareholders of record on December 19, 2022. Announcement • Oct 14
Huntington Bancshares Announces Management Changes Huntington Bancshares announced Tizu Menelik will serve as Huntington's managing director of commercial specialty banking. Menelik spent nearly six years at Cincinnati-based Fifth Third, where she served as managing director and group head of diversified industries and international corporate banking. Menelik - who succeeds David Stone, who is retiring - will work from Charlotte, North Carolina. She will be responsible for health care, franchise, and technology and telecommunications lending as well as mid-corporate banking, sponsor finance and international trade finance. Before joining Fifth Third in February 2017, Menelik served as head of global loan products for the United States and Canada at Bank of America Merrill Lynch. Huntington also announced the appointment of Hitesh Mehta as corporate treasurer. Mehta joined Huntington from the $125 billion-asset MUFG Union Bank in San Francisco, where he worked 16 years, the final year as corporate treasurer. Mehta takes the place of Derek Meyer, who joined the $37 billion-asset Associated Banc-Corp in Green Bay, Wisconsin, as chief financial officer in August. Announcement • Oct 13
Huntington National Bank Appoints Joe Nimmons as New Regional President for Colorado Huntington National Bank has appointed a new regional president for Colorado. Joe Nimmons, who has been operating in the Colorado market for more than 22 years, has been appointed to the position by the bank. Upcoming Dividend • Sep 09
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 16 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%). Announcement • Aug 24
Huntington Bancshares Incorporated to Report Q3, 2022 Results on Oct 21, 2022 Huntington Bancshares Incorporated announced that they will report Q3, 2022 results Pre-Market on Oct 21, 2022 Recent Insider Transactions • Jul 29
Insider recently bought €247k worth of stock On the 27th of July, Gary Torgow bought around 19k shares on-market at roughly €12.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €6.2m more in shares than they bought in the last 12 months. Announcement • Jul 23
Huntington Bancshares Incorporated Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022 Huntington Bancshares Incorporated reported net charge-offs for the second quarter ended June 30, 2022. For the quarter, the company reported net charge-offs of $8 million against $62 million a year ago. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$0.35 (vs US$0.052 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.35 (up from US$0.052 loss in 2Q 2021). Revenue: US$1.68b (up 56% from 2Q 2021). Net income: US$511.0m (up US$569.0m from 2Q 2021). Profit margin: 30% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.8%, compared to a 14% growth forecast for the industry in Germany. Announcement • Jul 22
Huntington Bancshares Incorporated Declares Quarterly Cash Dividend, Payable on October 3, 2022 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable October 3, 2022, to shareholders of record on September 19, 2022. Announcement • Jun 30
Huntington Bancshares Incorporated to Report Q2, 2022 Results on Jul 21, 2022 Huntington Bancshares Incorporated announced that they will report Q2, 2022 results Pre-Market on Jul 21, 2022 Announcement • Jun 29
Huntington Bancshares Incorporated Provides Dividend Plan for Third Quarter of 2022 On June 27, 2022, Huntington Bancshares Incorporated announced that the Company has exceeded all minimum capital levels under the Federal Reserve’s 2022 Comprehensive Capital Analysis and Review (CCAR) supervisory stress test. Huntington Bancshares Incorporated’s capital plan submitted in connection with the 2022 CCAR includes a third quarter dividend of $0.155 per common share, subject to approval by its board of directors. Announcement • Jun 17
Huntington Bancshares Incorporated (NasdaqGS:HBAN) completed the acquisition of Capstone Partners LLC Huntington Bancshares Incorporated (NasdaqGS:HBAN) entered into an agreement to acquire Capstone Partners LLC on March 1, 2022. The transaction is expected to close in the second quarter of 2022, subject to receipt of required regulatory approval and satisfaction of customary closing conditions. As of April 29, 2022, transaction is expected to close late in the second quarter of 2022. Keefe, Bruyette, & Woods, Inc. acted as financial advisor to Capstone Partners LLC. Edward D. Herlihy, Nicholas G. Demmo, Charles C. See, Rosemary Spaziani, David E. Kahan, Raquel V.L. Begleiter, Damian G. Didden, Joshua M. Holmes and Ian Boczko of Wachtell, Lipton, Rosen & Katz represented Huntington. Kurt Steinkrauss and Gregory Fine of Mintz acted as legal advisor to Capstone Partners.
Huntington Bancshares Incorporated (NasdaqGS:HBAN) completed the acquisition of Capstone Partners LLC on June 16, 2022. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 01 July 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.2%). Lower than average of industry peers (6.3%). Recent Insider Transactions • Jun 04
Insider recently sold €362k worth of stock On the 31st of May, Helga Houston sold around 28k shares on-market at roughly €12.84 per share. In the last 3 months, there was an even bigger sale from another insider worth €367k. Insiders have been net sellers, collectively disposing of €6.4m more than they bought in the last 12 months. Announcement • Jun 03
Huntington Bancshares Incorporated Appoints Amit Dhingra as Enterprise Payments Director Huntington Bancshares Incorporated announced it is creating a new enterprise payments organization to develop, coordinate and execute on its payments strategy and investment roadmap.Amit Dhingra has been named Enterprise Payments Director and will lead a team responsible for executing an end-to-end enterprise-wide payments strategy across Consumer and Business Payments, Commercial Payments and Treasury Management. Dhingra will drive growth in payments revenue streams as well as focus on digital and customer experience enhancements. Dhingra's team will build upon the payments platform with additional products and services that will be commercialized across the business to further support existing and new customers through throughout their lifecycle. In his new role, Dhingra will report to Paul Heller, Huntington's chief technology and operations officer. Dhingra previously served as Huntington's retail payments and consumer lending director. Before Huntington, he served in a variety of strategy and transformation leadership roles at U.S. Bank and McKinsey & Company. Announcement • May 28
Huntington Bancshares Incorporated Announces Retirement of Thomas C. Shafer as Senior Executive Vice President and Co-President Huntington Bancshares Incorporated announced that on May 23, 2022, Mr. Thomas C. Shafer will retire from the Company effective December 31, 2022. Mr. Shafer will step down from his role as the Company’s Senior Executive Vice President and Co-President, Commercial Bank, effective June 30, 2022, and will continue to serve as Senior Executive Vice President in a senior advisory capacity for the Company from July 1, 2022 through the end of the Company’s fiscal year. As of July 1, 2022, Scott Kleinman will be President, Commercial Bank. Recent Insider Transactions • Apr 30
Chairman recently bought €187k worth of stock On the 26th of April, Stephen Steinour bought around 14k shares on-market at roughly €13.12 per share. This was the largest purchase by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$0.30 (vs US$0.49 in 1Q 2021) First quarter 2022 results: EPS: US$0.30 (down from US$0.49 in 1Q 2021). Revenue: US$1.62b (up 14% from 1Q 2021). Net income: US$432.0m (down 14% from 1Q 2021). Profit margin: 27% (down from 35% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 8.1% growth forecast for the industry in Germany. Reported Earnings • Apr 22
First quarter 2022 earnings released: EPS: US$0.30 (vs US$0.49 in 1Q 2021) First quarter 2022 results: EPS: US$0.30 (down from US$0.49 in 1Q 2021). Revenue: US$1.62b (up 14% from 1Q 2021). Net income: US$432.0m (down 14% from 1Q 2021). Profit margin: 27% (down from 35% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 8.2% growth forecast for the industry in Germany. Announcement • Apr 22
Huntington Bancshares Incorporated Declares Quarterly Cash Dividend, Payable July 1, 2022 Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable July 1, 2022, to shareholders of record on June 17, 2022. Recent Insider Transactions • Mar 24
Insider recently sold €117k worth of stock On the 22nd of March, Scott Kleinman sold around 8k shares on-market at roughly €14.07 per share. In the last 3 months, there was an even bigger sale from another insider worth €297k. Insiders have been net sellers, collectively disposing of €9.0m more than they bought in the last 12 months. Upcoming Dividend • Mar 10
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 17 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (6.5%). Announcement • Mar 03
Huntington Bancshares Incorporated (NasdaqGS:HBAN) entered into an agreement to acquire Capstone Partners LLC. Huntington Bancshares Incorporated (NasdaqGS:HBAN) entered into an agreement to acquire Capstone Partners LLC on March 1, 2022. The transaction is expected to close in the second quarter of 2022, subject to receipt of required regulatory approval and satisfaction of customary closing conditions. Keefe, Bruyette, & Woods, Inc. acted as financial advisor to Capstone Partners LLC. Recent Insider Transactions • Feb 11
Independent Director recently bought €105k worth of stock On the 8th of February, Kenneth Phelan bought around 8k shares on-market at roughly €13.89 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €13m more in shares than they bought in the last 12 months. Announcement • Jan 22
Huntington Bancshares Incorporated Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2021 Huntington Bancshares Incorporated announced net charge-offs $34 million for the fourth quarter ended December 31, 2021 compared to $112 million reported a year ago. Reported Earnings • Jan 22
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.91 (up from US$0.70 in FY 2020). Revenue: US$5.97b (up 59% from FY 2020). Net income: US$1.15b (up 61% from FY 2020). Profit margin: 19% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the banks industry in Germany. Recent Insider Transactions • Jan 21
Senior EVP & General Counsel recently sold €94k worth of stock On the 18th of January, Jana Litsey sold around 6k shares on-market at roughly €15.66 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.4m. Insiders have been net sellers, collectively disposing of €14m more than they bought in the last 12 months. Recent Insider Transactions • Jan 14
Insider recently sold €297k worth of stock On the 6th of January, Sandra Pierce sold around 20k shares on-market at roughly €15.00 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.4m. Insiders have been net sellers, collectively disposing of €14m more than they bought in the last 12 months. Upcoming Dividend • Dec 09
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 16 December 2021. Payment date: 03 January 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (3.3%). Recent Insider Transactions • Nov 17
Insider recently sold €745k worth of stock On the 11th of November, Rajeev Syal sold around 53k shares on-market at roughly €14.00 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.4m. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months. Recent Insider Transactions • Nov 05
Key Executive recently sold €2.4m worth of stock On the 1st of November, Paul Heller sold around 173k shares on-market at roughly €13.73 per share. This was the largest sale by an insider in the last 3 months. Paul has been a seller over the last 12 months, reducing personal holdings by €3.1m. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$0.23 (vs US$0.27 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$1.76b (up 64% from 3Q 2020). Net income: US$333.0m (up 21% from 3Q 2020). Profit margin: 19% (down from 26% in 3Q 2020). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Oct 23
Senior EVP & General Counsel recently sold €86k worth of stock On the 21st of October, Jana Litsey sold around 6k shares on-market at roughly €14.38 per share. In the last 3 months, there was an even bigger sale from another insider worth €606k. Insiders have been net sellers, collectively disposing of €9.8m more than they bought in the last 12 months. Upcoming Dividend • Sep 09
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 01 October 2021. Trailing yield: 3.9%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.3%). Recent Insider Transactions • Aug 26
Senior EVP & Chief Risk Officer recently sold €394k worth of stock On the 20th of August, Helga Houston sold around 31k shares on-market at roughly €12.59 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €9.6m more than they bought in the last 12 months. Recent Insider Transactions • Aug 10
Insider recently sold €606k worth of stock On the 5th of August, Michael Jones sold around 50k shares on-market at roughly €12.12 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €9.2m more than they bought in the last 12 months. Reported Earnings • Jul 30
Second quarter 2021 earnings released: US$0.013 loss per share (vs US$0.13 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$1.07b (up 25% from 2Q 2020). Net loss: US$15.0m (down 112% from profit in 2Q 2020). 
