Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio with 600 regional banking offices in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. On November 14, Huntington announced its participation in the Treasury Department’s Capital Purchase Program. Under the program Huntington will sell $1.4 billion worth of preferred stock to Treasury. Huntington has been one of the very few financial industry companies to do relatively well since the spring of 2008. Between May and October, the S&P dropped 30 percent and the Dow dropped 24 percent.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Huntington Bancshares

 

Federal Equity Investment

$1.398 billion

Total Revenue

$3.45 billion (2007)
$3.70 billion (2008)

Net Income (Loss)

$75.2 million (2007)
($113.8 milion) (2008)

Number of Employees

10,890

Corporate Headquarters

Columbus, Ohio

Business Sector

Financial

Officers and Directors

Casto, Don, Director
Lhota, William, Director
Gerlach, John, Director
Biggs, Raymond, Director
Endres, Michael, Director
Lauer, David, Director
Ransier, Kathleen, Director
Little, Gene, Director
Mastroianni, Gerard, Director
Levy, Jonathan, Director
Hilliker, D. James, Director
Fennell, Marylouise, Director
Kimble, Donald, Chief Financial Officer, Executive Vice President, Treasurer
Hoaglin, Thomas, Chairman of the Board, President, Chief Executive Officer

Corporate Website

https://www.huntington.com/

Executive Compensation

Huntington Bancshares

►Financial Documents

2008-11-12 Huntington 8K

2008-09-30 Huntington 10Q

2008 Huntington Proxy

2007 Huntington Annual Report

2007 Huntington 10K

Federal contracts

USAspending.gov (last accessed 03/26/2009)

Lobbying reports (if any)

Third Quarter 2008

Political Contributions

Center for Responsive Politics (last accessed 1/08/2009)

Related Articles

November 14, 2008 Huntington Bancshares Incorporated Receives $1.4 Billion in Capital Through the U.S…. (Reuters)

November 14, 2008 FACTBOX- Where has the U.S. bailout money gone? (Reuters)

November 11, 2008 Commentary: Shelter from the storm (Reuters)

October 28, 2008 U.S. Stocks Retreat on Concern Economic Slump Is Worsening (Bloomberg)

Last Updated March 26, 2009

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