Headquarters: Columbus, OH, United States
CEO: Mr. Stephen D. Steinour
USD as of April 1, 2022
|Company||Market Cap (USD)|
|Bank of America||$350.84 B|
|Wells Fargo||$200.01 B|
|China Construction Bank||$189.37 B|
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. The company is ranked 500th on the Fortune 500, and is 35th on the list of largest banks in the United States. The company's banking subsidiary, The Huntington National Bank, operates 920 banking offices, primarily in the Midwest: 459 in Ohio, 290 in Michigan, 51 in Pennsylvania, 45 in Indiana, 35 in Illinois, 29 in West Virginia,10 in Kentucky and, 32 in Colorado. In January 2009, the bank's Board of Directors named Steve Steinour as president, CEO, and chairman, succeeding Thomas Hoaglan, who retired after eight years in those positions. The company is the second-largest originator of Small Business Administration loans.
Source: Wikipedia, retrieved on March 31, 2022, 8:59 p.m.
Founder(s): P. W. Huntington
Stephen D. Steinour, Chairman, President & CEO Zachary Wasserman, CFO
Revenue: US$4.815 Billion (Fiscal Year Ended 31 December 2020)
Operating income: US$972 Million (Fiscal Year Ended 31 December 2020)
Net income: US$817 Million (Fiscal Year Ended 31 December 2020)
Total assets: $175 billion (2021)
Total equity: US$12.993 Billion (Fiscal Year Ended 31 December 2020)