Huntington Bancshares Incorporated - Depositary Shares (HBANL)
Frequently Asked Questions About Huntington Bancshares Incorporated - Depositary Shares (HBANL)
How can I invest in Huntington Bancshares?
Investors can purchase shares of Huntington Bancshares through licensed brokers or financial advisors. Shares can be bought on the Nasdaq under the ticker symbol HBAN, and individuals interested in their preferred stocks can look for the depositary shares symbol HBANL.
How does Huntington Bancshares engage with investors?
Huntington Bancshares engages with investors through regular earnings calls, investor presentations, and annual reports. The company emphasizes transparency and communication with shareholders, providing updates on performance, strategy, and future outlook.
How does Huntington Bancshares support its community?
Huntington Bancshares is committed to community involvement through various initiatives such as charitable contributions, volunteerism, and educational programs. The bank invests in local communities, supporting economic growth and social responsibility.
How has Huntington Bancshares performed financially in recent years?
Huntington Bancshares has shown steady financial performance over recent years, reflecting growth in assets, deposits, and revenues. The company's focus on customer service and efficient operational practices has contributed to its positive financial outcomes.
How is Huntington Bancshares incorporated?
Huntington Bancshares is incorporated as a corporation in the State of Ohio. It is governed by a board of directors and operates under the laws and regulations applicable to banking institutions within the United States, including compliance with state and federal banking regulations.
What are depositary shares?
Depositary shares represent a 1/1000th interest in a share of the company’s preferred stock. They are issued by a depositary bank, which holds the underlying preferred shares and entitles investors to receive dividends and any other benefits associated with the underlying shares. This provides a way for investors to invest in preferred shares without needing to buy full shares.
What are the key services offered by Huntington Bancshares?
Huntington Bancshares offers a wide range of services including personal banking, business banking, investment management, mortgage services, and investment banking. These services cater to a diverse clientele, from individual consumers to large corporations.
What are the risks of investing in Huntington Bancshares?
As with any investment, there are risks associated with investing in Huntington Bancshares, including market volatility, economic conditions, and regulatory challenges that could impact the banking sector. Investors should conduct thorough research and consider their risk tolerance before investing.
What does Huntington Bancshares Incorporated do?
Huntington Bancshares Incorporated is a publicly held bank holding company headquartered in Columbus, Ohio. It provides a wide range of financial products and services, including commercial and consumer banking, investment services, and mortgage banking. Huntington operates principally in the Midwestern United States and is known for its commitment to customer service and community involvement.
What is Huntington's approach to sustainability?
Huntington Bancshares is dedicated to sustainable practices and aims to minimize its environmental impact. The company incorporates sustainability into its operations, financing, and community initiatives, and actively invests in projects that support renewable energy and eco-friendly practices.
What is the dividend policy of Huntington Bancshares?
Huntington Bancshares maintains a commitment to returning capital to its shareholders through regular dividend payments. The specific dividend amount is reviewed quarterly by the board of directors based on the bank's performance and financial condition.
What is the mission statement of Huntington Bancshares?
Huntington Bancshares' mission is to provide a better banking experience for its customers by focusing on their needs and making banking easier, more convenient, and more rewarding. The company strives to strengthen relationships with customers, employees, and communities.
What is the significance of HBANL?
HBANL represents the company's depositary shares for its preferred stock, offering investors a way to acquire fractional interests in the preferred equity without having to buy whole shares. This enhances accessibility for a wider range of investors.
What recent acquisitions has Huntington Bancshares made?
Huntington Bancshares has been involved in several strategic acquisitions in recent years, the most notable being the acquisition of TCF Financial Corporation in 2021. This merger expanded its footprint and product offerings, further solidifying its position as a leading financial institution.
What stock exchange is Huntington Bancshares listed on?
Huntington Bancshares is listed on the Nasdaq stock exchange under the ticker symbol 'HBAN'. This public listing allows investors to buy and sell shares of the company, providing liquidity and facilitating capital raising efforts.
What technology initiatives is Huntington Bancshares pursuing?
Huntington Bancshares is actively pursuing technology initiatives to enhance customer experience, including the development of digital banking platforms, mobile applications, and innovative financial products. They aim to leverage technology to streamline banking processes and improve accessibility for customers.
When was Huntington Bancshares founded?
Huntington Bancshares was founded in 1866, making it one of the oldest banks in the United States. Over the years, it has grown through various acquisitions and mergers, solidifying its position as a leading financial institution in the Midwest.
Where is Huntington Bancshares headquartered?
Huntington Bancshares is headquartered in Columbus, Ohio. This strategic location allows the company to effectively serve its customers throughout the Midwest and expand its footprint in the region.
Who is the CEO of Huntington Bancshares?
As of October 2023, the CEO of Huntington Bancshares is Stephen D. Steinour. He has been instrumental in driving the company's strategic direction and is focused on enhancing customer experience and expanding the bank’s presence in the market.
What is the current price of Huntington Bancshares Incorporated - Depositary Shares?
The current price of Huntington Bancshares Incorporated - Depositary Shares is 25.25
When was Huntington Bancshares Incorporated - Depositary Shares last traded?
The last trade of Huntington Bancshares Incorporated - Depositary Shares was at 4:00 pm EDT on October 17th, 2025