Huntington Bancshares
A Columbus-based American bank holding company whose principal subsidiary provides retail, commercial, and wealth-management services across the Midwest.
Last updated August 31, 2026
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Overview
Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. Its principal banking subsidiary, The Huntington National Bank, serves consumers, small businesses, middle-market companies, government entities, and institutional clients. The company’s business includes consumer deposits and lending, residential and commercial real estate finance, auto and equipment finance, treasury services, investment banking, wealth management, insurance-related services, and specialized government-backed lending. The organization traces its roots to P. W. Huntington & Company, established in Columbus in 1866. It became a nationally chartered bank in 1905 and developed through a long series of Ohio bank acquisitions before reorganizing as Huntington Bancshares in 1966. That expansion created a regional banking network while retaining a strong Ohio identity. During the late twentieth and early twenty-first centuries, Huntington expanded into Michigan, Indiana, Pennsylvania, West Virginia, Illinois, Wisconsin, Minnesota, Colorado, and other markets through acquisitions and organic growth. Huntington’s consumer proposition has emphasized relationship banking, convenient branch and digital access, and features intended to reduce the cost and inconvenience of overdrafts and routine banking. Its retail offerings have included Asterisk-Free Checking and the 24-Hour Grace overdraft feature. Commercially, the company is especially prominent in small-business and government-backed lending and has been described as one of the largest originators of SBA 7(a) loans in the United States. Its other important franchises include equipment finance, commercial banking, investment banking and advisory services, and wealth management. Major strategic transactions have shaped the modern company. Huntington acquired Sky Financial Group in 2007, FirstMerit Corporation in 2016, and TCF Financial Corporation in 2021. The TCF combination expanded Huntington into Minnesota and Colorado and materially increased its presence in Michigan and other Midwestern markets, although branch overlap required closures and divestitures. In 2022, Huntington added Capstone Partners, a Boston-based investment banking and advisory business, strengthening its middle-market corporate-finance capabilities. The company also operates or has operated affiliated financial and real-estate investment entities, including Huntington Preferred Capital. Huntington has maintained a visible community and sponsorship presence through naming rights for venues such as Huntington Park in Columbus, Huntington Center in Toledo, Huntington Bank Stadium in Minneapolis, and Huntington Bank Field in Cleveland. Its historical holdings have included notable archival checks acquired through the 1983 Union Commerce Bank transaction. Huntington is listed on the Nasdaq under the symbol HBAN. It remains an active regional banking group with a branch network concentrated in the Midwest and a broad mix of consumer, commercial, wealth, and specialized financial services. The company announced proposed acquisitions of Veritex Community Bank in 2025 and Cadence Bank later that year; the completion and final regulatory status of those transactions should be verified against current company filings.
History
Huntington began in 1866 when P. W. Huntington established P. W. Huntington & Company in Columbus, Ohio. The enterprise occupied a prominent site at High and Broad Streets and grew into a family-led banking business. Huntington constructed a substantial new building in 1878, and several of P. W. Huntington’s sons later joined the partnership. In 1905, the institution was incorporated as The Huntington National Bank of Columbus. P. W. Huntington died in 1918 after transferring leadership to his sons. Francis Huntington subsequently led the bank for fourteen years. The institution broadened its fiduciary and deposit capabilities during the early twentieth century. It received limited trust powers in 1915 and full trust powers from the Federal Reserve in 1922. Acquisitions of State Savings Bank & Trust Company and Hayden-Clinton National Bank in 1923 strengthened its capital and Columbus franchise. Huntington’s postwar development centered on consolidation across Ohio. It acquired or absorbed banks in Columbus, Grove City, Canal Winchester, Washington Court House, Ashland, Bowling Green, Toledo, Springfield, Lima, Woodville, Kent, Wadsworth, Kenton, Bellefontaine, London, and other communities. In 1966, the organization reorganized as Huntington Bancshares Incorporated, creating the holding-company structure used today. The company introduced an early fully automated, 24-hour banking office in 1972 and established Huntington Mortgage Company in 1976. Its honeycomb logo was introduced in the mid-1970s and became a long-running visual identifier. The company expanded beyond its original Ohio base through the acquisition of Union Commerce Bank in Cleveland in 1983 and First Michigan Bank Corporation in 1997. It sold its Florida branches to SunTrust in 2002, concentrating resources on its Midwestern strategy. Huntington acquired Unizan Financial in 2006 and Sky Financial Group in 2007, the latter adding scale in Ohio and Indiana and creating a presence in western Pennsylvania. During the 2008 financial crisis, Huntington received $1.4 billion in TARP capital from the U.S. Treasury. It repaid the investment in 2010, and the Treasury recorded a profit on the investment. In 2009, Steve Steinour became chairman, president, and chief executive officer, succeeding Thomas Hoaglan. Huntington also participated in FDIC arrangements involving failed Michigan banks during that period. The 2010s brought further geographic and product expansion. Huntington acquired Fidelity Bank in 2012, Camco Financial in 2014, selected Bank of America branches in central Michigan in 2014, and Macquarie Equipment Finance in 2015. The 2016 acquisition of FirstMerit substantially enlarged Huntington’s franchise. To address competition concerns, the company divested specified branches and closed overlapping locations. In 2020, Huntington announced plans to enter the Philadelphia market and agreed to acquire TCF Financial. The merger closed in June 2021. It gave Huntington operations in Minnesota and Colorado for the first time and increased its scale in Michigan, although the integration involved branch closures and required regulatory divestitures. TCF locations were converted to the Huntington brand later in 2021. Huntington acquired Capstone Partners in 2022, adding an investment-banking and advisory platform focused on middle-market companies. The company has also developed venture-capital activity and maintains specialized businesses such as equipment finance, SBA lending, wealth management, and Huntington Preferred Capital, a real-estate investment trust affiliated with the banking group. In 2025, Huntington announced proposed combinations with Veritex Community Bank and Cadence Bank. Because those announcements are later than much of the available historical record, their closing status and final terms should be checked in regulatory filings and company disclosures.
- 2022
Capstone Partners acquired
[1]Huntington completed its acquisition of Capstone Partners, an investment bank and advisory firm.
- 2021
TCF merger completed
[1]The TCF Financial merger closed, extending Huntington into Minnesota and Colorado.
- 2016
FirstMerit acquisition announced
[1]Huntington agreed to acquire FirstMerit in a transaction valued at approximately $3.4 billion.
- 2010
TARP investment repaid
[1]Huntington repaid its Treasury investment.
- 2008
TARP investment received
[1]The U.S. Treasury invested $1.4 billion in Huntington under TARP during the financial crisis.
- 2007
Sky Financial Group acquired
[1]The transaction expanded Huntington in Ohio and Indiana and added western Pennsylvania operations.
- 1983
Union Commerce Bank acquired
[1]The acquisition expanded Huntington’s Cleveland presence and later provided the archival documents in which notable historical checks were found.
- 1972
Early automated banking office introduced
[1]Huntington established an early fully automated, 24-hour banking office.
- 1966
Holding company formed
[1]The organization reorganized as Huntington Bancshares Incorporated.
- 1922
Full trust powers granted
[1]The bank received full trust powers from the Federal Reserve.
Products and positioning
A relationship-oriented Midwest regional bank combining community-bank service with a broad commercial, consumer, wealth-management, and specialized-lending platform.
Consumer banking
Asterisk-Free Checking
A consumer checking account positioned around straightforward pricing and the absence of certain common account fees. It formed part of Huntington’s effort to make everyday banking simpler and more transparent.
Consumer banking
24-Hour Grace
A Huntington overdraft-management feature that gives eligible customers additional time to bring an account balance positive after an overdraft notice, subject to the account’s applicable terms.
Small-business finance
SBA 7(a) lending
Government-backed small-business lending arranged through the U.S. Small Business Administration’s 7(a) program. Huntington has built a significant specialized platform in this area and is recognized as one of the largest originators in the category.
Commercial finance
Equipment finance
Financing and leasing solutions for businesses acquiring machinery, vehicles, technology, and other productive assets. Huntington expanded this capability through its acquisition of Macquarie Equipment Finance in 2015.
Wealth management · 1915
Wealth management and trust
Advisory, trust, fiduciary, investment-management, and private-client services for individuals, families, institutions, and business owners.
Marketing campaigns
- Historic checks exhibition
United States
Beginning in 2012, Huntington publicly displayed checks signed by historical figures, including U.S. presidents, Charles Dickens, Thomas Edison, Ernest Hemingway, and Susan B. Anthony. The documents were discovered in records obtained through the Union Commerce Bank acquisition.
Outcome. The exhibit created a distinctive heritage and local-history platform for the bank.
Brand decisions
2022
Capstone Partners acquisitionM&ABackground
Huntington wanted to deepen its investment-banking and middle-market advisory capabilities.
Action taken
It acquired Boston-based Capstone Partners.
Aftermath
The transaction strengthened Huntington’s corporate advisory and investment-banking offering.
2020
TCF Financial combinationM&ABackground
Huntington pursued a larger Midwestern platform and additional scale in Michigan.
Action taken
It announced an all-stock acquisition of TCF Financial, with branch closures and required divestitures planned to resolve overlap and regulatory concerns.
Aftermath
The merger closed in 2021 and expanded Huntington into Minnesota and Colorado.
2016
FirstMerit Corporation acquisitionM&ABackground
Huntington sought greater scale across Ohio and neighboring Midwestern markets.
Action taken
It agreed to acquire FirstMerit and later divested branches and closed overlapping offices to address competition concerns.
Aftermath
The combination made Huntington one of Ohio’s largest banks and broadened its regional network.
Announced transaction value. $3.4 billion (2016)
2002
Exit from Florida branch bankingStrategyBackground
Huntington chose to concentrate its branch strategy on the Midwest.
Action taken
It sold its Florida branches to SunTrust Banks.
Aftermath
The transaction reduced geographic dispersion and reinforced Huntington’s Midwestern identity.
Transaction value. $705 million (2002)
Recent events
Huntington announces 1866 Studio AI platform[3]
Huntington announced 1866 Studio, an AI-powered operating system for small businesses built with Google Cloud. The platform was expected to become available in the coming weeks, and prospective clients were asked to join a waitlist.
FIS launches Project Keystone digital money network for banks[4]
Reported:
FIS launched Project Keystone, a network for digital money developed with U.S. banks including Citizens, Fifth Third, Huntington Bank, KeyBank, and M&T Bank, built on FIS's Lyriq platform to let banks issue, transfer, and settle real bank deposits in digital form.
Horizon Bancorp completes acquisition of 14 Michigan branches[5]
Reported:
Horizon Bancorp completed its acquisition of 14 Michigan branches from The Huntington National Bank. The acquisition brought Horizon Bank's total branch count to 88, including 29 in Michigan.
Signet Real Estate Group closes funding for Axis at Ansel[6]
Reported:
Signet Real Estate Group reported that it had closed funding for Axis at Ansel, a planned 163-unit housing community in Cleveland, Ohio. The project financing included construction and permanent debt financing funded through Huntington National Bank, clean-air-quality revenue bonds, and PACE financing.
Huntington Bancshares announces $22 billion merger with TCF Bank[7]
Reported:
Huntington Bancshares announced a $22 billion merger with TCF Bank, which was set to be completed the following year, subject to regulatory and shareholder approvals.
Huntington Bancshares reports third-quarter 2019 earnings[8]
Reported:
Huntington Bancshares reported third-quarter 2019 net income of $372 million and earnings per common share of $0.34.
Sources13 sources
- 1Huntington Bancsharesen.wikipedia.org
- 2Huntington official websitehuntington.com
- 3Huntington宣布推出1866 Studio人工智能平台ktrh.iheart.com
- 4FIS为银行推出Project Keystone数字货币网络tradersmagazine.com
- 5Horizon Bancorp完成收购密歇根州14家分行wishtv.com
- 6Signet Real Estate Group完成Axis at Ansel项目融资prweb.com
- 7Huntington Bancshares 宣布与 TCF Bank 合并，交易金额为 220 亿美元mprnews.org
- 8Huntington Bancshares公布2019年第三季度业绩prnewswire.com
- 9Huntington Bancshares Inc. Announces Decline In Q4 Earningsfinanznachrichten.de
- 10Huntington Bancshares Incorporated Reports 2020 First Quarter Earningsprnewswire.com
- 11Huntington Bancshares Incorporated Reports Full Year 2020 Earningsprnewswire.com
- 12Huntington Bancshares Incorporated Reports Record Annual Earningsprnewswire.com
- 13Huntington Bancshares reports record annual earningsnewsandsentinel.com
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