Huntington Bancshares

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Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The company was founded in 1866 and offers a wide range of financial services including personal banking, business banking, and wealth management. Huntington operates more than 1,000 branches and 1,900 ATMs across eight states in the Midwest and is one of the leading small business lenders in the nation.
The company is publicly traded on the NASDAQ stock exchange under the ticker symbol HBAN.
In addition to its banking operations, Huntington is also committed to supporting the communities it serves through charitable giving and volunteerism. The company's "uncommon giving" program focuses on four areas of community support: affordable housing, economic inclusion, education, and the environment.
Huntington has received numerous awards and recognition for its financial performance, community involvement, and workplace culture. In 2020, the company was named one of the "World's Most Admired Companies" by Fortune magazine and one of the "Best Places to Work for LGBT Equality" by the Human Rights Campaign.
Leadership
Stephen D. Steinour has been President, CEO, and Chairman of Huntington Bancshares since 2009. He has more than 35 years of experience in the banking industry and has held leadership positions at a number of major financial institutions.
Under Steinour's leadership, Huntington has grown to become the largest bank in Ohio by deposits and has expanded its presence in other Midwest states. In addition to his role at Huntington, Steinour serves on the boards of several organizations, including the Federal Reserve Bank of Cleveland and the Columbus Partnership.
Financial Performance
Huntington Bancshares has consistently shown strong financial performance over the years. In 2020, the company reported a record net income of $1.4 billion, up from $1.3 billion in 2019. Its total assets also increased to $123 billion in 2020, compared to $109 billion in 2019.
The company's strong financial performance has been attributed to its diversified business model, disciplined approach to risk management, and focus on serving its customers and communities.
Corporate Social Responsibility
Huntington Bancshares has a strong commitment to corporate social responsibility, and its efforts are aligned with the United Nations' Sustainable Development Goals. Some of the company's key initiatives in this area include:
1. Sustainable lending: Huntington is committed to providing access to credit for low- and moderate-income communities and supporting affordable housing initiatives.
2. Community development: The company supports organizations that focus on community development and economic inclusion, particularly in underserved areas.
3. Environmental sustainability: Huntington has set a goal to reduce its carbon emissions by 25% by 2025 and supports clean energy projects in the communities it serves.
4. Diversity and inclusion: Huntington has a diversity and inclusion strategy that includes recruitment and retention efforts, supplier diversity, and support for diverse communities.
Conclusion
Huntington Bancshares is a reputable regional bank holding company with a strong commitment to financial performance, community involvement, and sustainability. Under the leadership of CEO Stephen D. Steinour, the company has seen significant growth in recent years and has been recognized as a top employer and corporate citizen.

1. Long and rich history: Huntington Bancshares has been in operation since 1866, making it one of the oldest continuously operating banks in the US.
2. Strong financial performance: The company has consistently reported strong financial results, with a 25-year track record of consecutive dividend increase – one of the longest in the US banking industry.
3. Diversified portfolio: The company has a diverse portfolio of products and services, including banking, lending, wealth management, insurance, and investments. This helps to mitigate risk and provide stability for the company.
4. Focus on customer service: Huntington Bancshares has a strong focus on customer service and has been recognized for its exceptional customer satisfaction levels. This has helped to build a loyal customer base and attract new customers.
5. Commitment to community: The company has a strong commitment to giving back to the community, with a particular focus on support for local businesses and economic development in the regions it serves.
6. Innovation and technology: Huntington Bancshares has embraced innovation and technology to enhance efficiency and improve customer experiences. This includes developing its own digital banking platform and offering a wide range of online and mobile banking services.
7. Strong corporate culture: The company has a strong corporate culture that emphasizes diversity, inclusion, and transparency. This has helped to create a positive work environment and attract top talent to the company.
8. Partnership with School of Business at Ohio University: Huntington Bancshares has a unique partnership with the School of Business at Ohio University, providing opportunities for students to gain practical experience and exposure to the banking industry through various initiatives and programs.

Huntington Bancshares is a bank holding company that operates as a financial holding company. Their business model is to provide a wide range of banking, commercial, and other financial services to individuals, small businesses, and commercial clients. They operate under two segments: Consumer and Commercial Banking and Commercial Real Estate. Their main business activities include providing services such as deposit accounts, loans and leases, credit cards, insurance, and investment management. They generate revenue primarily through interest income from loans and leases, fees from various banking products and services, and income from investments. Their goal is to sustain long-term growth and profitability by expanding their customer base and market presence, providing innovative products and services, and maintaining strong relationships with their customers.

1. Huntington Bancshares is the second largest originator of Small Business Administration loans in the United States, providing more than $2 billion in loans to small businesses in 2019.
2. The company has been named one of the World’s Most Ethical Companies by the Ethisphere Institute for 8 consecutive years (2013-2020).
3. Huntington Bancshares was founded in 1866 as The Huntington National Bank in Columbus, Ohio.
4. As of 2020, the company has over 1,100 branches and nearly 2,000 ATMs across 8 states: Ohio, Michigan, Indiana, Pennsylvania, West Virginia, Kentucky, Illinois, and Wisconsin.
5. The company has assets of over $119 billion as of June 2020.
6. In 2020, Huntington Bancshares was ranked as the 38th largest bank in the United States by total assets.
7. Huntington Bancshares is a publicly traded company, listed on the NASDAQ under the ticker symbol HBAN.
8. The company has been named one of the best places to work by Forbes, Fortune, and Glassdoor.
9. Huntington Bancshares has a long history of community involvement and philanthropy. In 2019, the company donated over $21 million to support community development, education, and health initiatives.
10. In addition to traditional banking services, Huntington Bancshares also offers investment and insurance products through its subsidiary, Huntington Investment Company.