Huntington Bancshares Incorporated HBAN
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. The company operates through its primary subsidiary, The Huntington National Bank, providing a comprehensive range of traditional banking, financial, and wealth management services. It serves consumers, small and mid-sized businesses, corporations, municipalities, and other entities across several Midwestern states, including Ohio, Michigan, Illinois, Indiana, Minnesota, and Pennsylvania. The company's business model is centered on gathering deposits from customers and using those funds to originate loans and leases, generating revenue primarily from the net interest income spread between interest earned on assets and interest paid on liabilities. Additionally, it earns noninterest income through service charges, capital markets activities, wealth management, and other financial services.
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