HBAN Profile
Huntington Bancshares Incorporated is the holding company for The Huntington National Bank, providing a wide range of banking services in the United States. Founded in 1866 and headquartered in Columbus, Ohio, the company operates around 1,000 branches across 11 states as of March 2022. Huntington Bancshares is divided into four main segments: Consumer and Business Banking, Commercial Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG).
The Consumer and Business Banking segment offers various financial products, including checking and savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans. It also provides mortgages, insurance, interest rate risk protection, foreign exchange, ATM services, treasury management, and online, mobile, and telephone banking services, catering primarily to consumers and small businesses.
The Commercial Banking seggment serves middle-market businesses, government entities, and commercial real estate developers with regional commercial banking solutions. It also offers specialty banking services for industries such as healthcare, technology, telecommunications, and franchise finance. Additionally, this segment provides asset finance, capital raising, sales and trading, corporate risk management, institutional banking, and treasury management services. The Vehicle Finance segment finances consumer purchases of automobiles, light-duty trucks, RVs, and marine craft, as well as dealership inventories. The RBHPCG segment focuses on private banking, wealth and investment management, and retirement plan services.
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