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Huntington Bancshares Inc HBAN Stock Quote

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Morningstar‘s Stock Analysis HBAN

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Maintaining Fair Value of $16 for Huntington as We Prepare for Q4 Earnings

Business Strategy and Outlook

| Eric Compton, CFA |

Huntington Bancshares did not fare well in the aftermath of the financial crisis, largely because of the poorly timed acquisition of Sky Financial in 2007. Although it seemed a reasonable combination at the time with significant footprint overlap, the potential for considerable synergies turned into massive losses due to the subprime mortgage business and bad commercial loans.

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Key Statistics HBAN

Company Profile HBAN

Business Description

Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.

41 South High Street, Huntington Center
Columbus, OH, 43287
T +1 614 480-2265
Industry Banks - Regional
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 19,997

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