watch
Huntington Bancshares, Inc.

Huntington Bancshares, Inc.

Sector: Offices Of Bank Holding Companies Region: OH, United States


: | Nasdaq: HBAN | OTC Markets: HBAN50 | Nasdaq: HBANP


Huntington Bancshares, Inc. is a multi-state diversified regional bank holding company, which provides full-service commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services. The company operates its business through four business segments: Retail & Business Banking; Regional & Commercial Banking; Automobile Finance & Commercial Real Estate, and Wealth Advisors, Government Finance, & Home Lending. The Retail & Business Banking segment provides financial products and services to consumer and small business customers. Its products include individual and small business checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans and leases. Other financial services available to consumers and small business customers include investments, insurance services, interest rate risk protection products, foreign exchange hedging, and treasury management services. The Regional & Commercial Banking segment group provides a wide array of products and services to the middle market and large corporate client base located within core geographic banking markets. Its Products and services are delivered through a relationship banking model and include commercial lending, as well as depository and liquidity management products. The Automobile Finance & Commercial Real Estate segment provides lending and other banking products and services to customers outside of its normal retail or commercial channels. Its products and services include financing for the purchase of automobiles by customers of automotive dealerships; financing for the purchase of new and used vehicle inventory by automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers with real estate project financing needs. The Automobile Finance & Commercial Real Estate segment provides lending and other banking products and services to customers outside of its normal retail or commercial channels. Its products and services include financing for the purchase of automobiles by customers of automotive dealerships; financing for the purchase of new and used vehicle inventory by automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers with real estate project financing needs. The Wealth Advisors, Government Finance, and Home Lending segment consists primarily of fee-based businesses, including home lending, wealth management, and government finance. The company also provides banking products and services to government entities across primary banking markets by utilizing a team of relationship managers providing public finance, brokerage, trust, lending, and treasury management services. Huntington Bancshares was founded in 1966 and is headquartered in Columbus, OH.

News & Analysis

You may also be interested in: