Company Overview
Huntington Bancshares Incorporated stands as one of America's oldest and most enduring financial institutions, with a remarkable history spanning 159 years since its founding in 1866, just one year after the Civil War ended. Headquartered in Columbus, Ohio, where it was originally established, Huntington has evolved from a single banking office into a regional banking powerhouse with $204 billion in assets, $176 billion in deposits, and $148 billion in loans. The institution employs over 19,900 people and operates 978 branches across 12 states, serving millions of customers throughout the Midwest and expanding aggressively into high-growth markets in Texas and the Southeast.
The company's business model is built on two core segments: Retail and Corporate Banking (65.7% of revenue) and Commercial Banking (34.3%). Through this balanced approach, Huntington delivers a comprehensive suite of financial products including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust services, brokerage, insurance, and treasury management solutions. The bank's "Welcome" philosophy centers around building deep customer relationships and providing personalized service tailored to each customer's specific needs, supported by robust digital banking platforms that enable convenient account management anytime, anywhere.
Huntington's strategic positioning has been dramatically enhanced through transformative acquisitions that have reshaped its geographic footprint and market presence. The $22 billion merger with TCF Financial Corporation completed in June 2021 pushed Huntington's assets past $170 billion and expanded its branch network to over 1,100 locations, establishing strong positions in Michigan, Minnesota, and Colorado. More recently, the company announced two major 2025 acquisitions: the $1.9 billion purchase of Texas-based Veritex Community Bank completed in October 2025, and the landmark $7.4 billion all-stock acquisition of Cadence Bank announced in October 2025. These strategic moves position Huntington to become a dominant regional banking force with approximately $276 billion in combined assets and $220 billion in deposits upon completion of the Cadence transaction.
Beyond financial performance, Huntington demonstrates strong commitment to community development and corporate responsibility. The company's five-year, $40 billion Community Plan launched in 2021 has already deployed approximately $36.2 billion toward lending and investment, including more than $176 million in loans to historically underserved small-business owners through its Lift Local Business program. With a market capitalization exceeding $24 billion and recognition as a Great Place to Work, Huntington exemplifies the evolution of regional banking—combining the personalized service and community focus of a local bank with the technological capabilities, product breadth, and financial strength to compete effectively in an increasingly digital financial services landscape.
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Market Leader
Huntington Bancshares is recognized as a market leader in the Consumer Finance sector, demonstrating strong industry presence and customer trust.
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