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.

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See Company Q&A