Huntington Bancshares Incorporated Announces Additions To The Executive Leadership Team Structure For Combined Company Following TCF Merger
TCF National Bank CEO Tom Shafer and President Mike Jones to join Huntington executive leadership team along with Donald Dennis, Huntington s Chief Diversity Equity & Inclusion Officer
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COLUMBUS, Ohio, Feb. 10, 2021 /PRNewswire/ Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) today announced that Tom Shafer, CEO of TCF National Bank, will join Huntington s Executive Leadership Team as co-President of Commercial Banking following the completion of Huntington s merger with TCF, which is expected to occur late in the second quarter, subject to the satisfaction of customary closing conditions.
Huntington Bancshares Incorporated Reports Full Year 2020 Earnings
Results Include Record Annual Revenue (+3%), a 6% Increase in Average Loans, and an 11% Increase in Average Core Deposits
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Full year 2020 highlights compared to full year 2019:
Net income was $817 million, and earnings per common share (EPS) for the year were $0.69.
Return on average assets for 2020 was 0.70%, return on average common equity was 6.8%, and return on average tangible common equity was 8.9%.
Tangible book value per common share (TBVPS) increased 3% to $8.51 at 2020 year end.
Fully-taxable equivalent total revenue increased $143 million, or 3%, to $4.8 billion.
Fully-taxable equivalent net interest income increased $6 million, or less than 1%, to $3.2 billion.
Huntington Bancshares Incorporated To Announce 2020 Fourth Quarter Earnings And Hold Earnings Conference Call January 22, 2021
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COLUMBUS, Ohio, Dec. 18, 2020 /PRNewswire/ Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) expects to report its 2020 fourth quarter earnings on Friday, January 22, 2021, prior to the market opening. A news release and supporting financial data will be available at that time on the Investor Relations section of the company s website.
Conference Call / Webcast Information
Huntington s management will host an earnings conference call the same day at 8:30 a.m. ET. The call, along with slides, may be accessed via a live Internet webcast in the Investor Relations section of Huntington s website or through a dial-in telephone number at (
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NEW ORLEANS, Dec. 16, 2020 /PRNewswire/ Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ( KSF ) are investigating the proposed merger of TCF Financial Corporation (NasdaqGS: TCF) with Huntington Bancshares Incorporated (NasdaqGS: HBAN). KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-tcf/ to learn more.