Total : 8 View more »
NEW YORK (MarketWatch) -- Huntington Bancshares said on Thursday that it lost $166.2 million, or 33 cents a share in it third quarter, compared to a $75.1 million, or 17 cents a share profit a year ago. Per share data is after the payment of preferred dividends totaling $29.2 million in the latest
http://www.marketwatch.com/story/huntington-bancshares-swings-to-loss-2009-10-22?siteid=rss
www.huntington.com) will be participating in the INVESTOhio Equity Conference on Tuesday, September 15, 2009 at the Hyatt Regency, Columbus. Mr. Don Kimble, Senior Executive Vice President and CFO, is scheduled to present to analysts and investors at 1:00 p.m. ET.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/08-31-2009/0005085555&EDATE=
Among the stocks that may see active trading on Friday are Huntington Bancshares, Arena Pharmaceuticals Inc., Palm Inc. and Texas Instruments Inc.
http://www.marketwatch.com/story/stocks-in-focus-for-friday-2009-09-17?siteid=rss
LOS ANGELES (MarketWatch) -- Huntington Bancshares Inc. late Thursday said it has commenced a public offering of $350 million of its common shares. It also said the discretionary equity-issuance program that it launched earlier this month has been completed. The Columbus, Ohio-based bank holding
http://www.marketwatch.com/story/huntington-bancshares-starts-share-offering-2009-09-17?siteid=rss
Total : 47 View more »
COLUMBUS, Ohio, Nov 20, 2009 /PRNewswire-FirstCall via COMTEX/ --
Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com). The Huntington National Bank ("Huntington") announced the final results of its offer to purchase subordinated bank notes having an aggregate principal amount up to $400,000,000 (the "Tender Offer"). The results are set forth in the table below.
The Tender Offer expired at 11:59 p.m., New York City time, on November 19, 2009 (the "Expiration Date"). As of the Expiration Date, $370,829,000 aggregate principal amount of subordinated bank notes were validly tendered for purchase, according to information provided by Global Bondholder Services Corporation, the Depositary and Information Agent with respect to the Tender Offer. Huntington has accepted for purchase all subordinated bank notes validly tendered and not validly withdrawn. This will result in an aggregate purchase price of $338,858,121, which includes the applicable accrued and unpaid interest on those subordinated bank notes. The expected settlement date for the Tender Offer is November 23, 2009. After settlement of the Tender Offer, $429,171,000 aggregate principal amount of subordinated bank notes that were subject to the offer to purchase will remain outstanding.
"We are very pleased with the results of the tender offer," said Stephen D. Steinour, chairman, president, and chief executive officer. "Our ability to successfully raise capital this year afforded us the flexibility to repurchase the subordinated bank notes subject to the tender offer."
The table below sets forth in detail the amount of each issue of subordinated bank notes validly tendered and accepted for purchase as of the Expiration Date:
Aggregate
Principal Aggregate
Amount Principal
Tendered Amount To
Aggregate and Be
Principal Accepted Outstanding
Amount for After
Outstanding Purchase Settlement
As of As of on
Title of CUSIP Maturity October November November
Security Number Date 22, 2009 19, 2009 23, 2009
-------- ------ -------- ----------- --------- -----------
The Huntington
National Bank
5.375%
Subordinated February
Bank Notes Due 28,
2019 44643TAD9 2019 $150,000,000 $74,284,000 $75,716,000
The Huntington
National Bank
6.60%
Subordinated June
Bank Notes Due 15,
2018 44643TAA5 2018 $200,000,000 $74,461,000 $125,539,000
The Huntington
National Bank
5.50%
Subordinated February
Bank Notes Due 15,
2016 44643TAE7 2016 $250,000,000 $146,991,000 $103,009,000
The Huntington
National Bank
4.90%
Subordinated January
Bank Notes Due 15,
2014 44643TAC1 2014 $200,000,000 $75,093,000 $124,907,000
Other Information
Sandler O'Neill & Partners, L.P. is serving as Dealer Manager in connection with the Tender Offer. Global Bondholder Services Corporation is serving as Depositary and Information Agent in connection with the Tender Offer. Persons with questions regarding the Tender Offer should contact Sandler O'Neill & Partners, L.P. at 866-805-4128 (toll free) or 212-466-7807 (collect).
This news release does not constitute an offer to buy or the solicitation of an offer to sell any securities, and there shall be no purchase of securities of Huntington in any state or jurisdiction in which such an offer, solicitation or purchase would be unlawful. The Tender Offer was made only pursuant to the Offer to Purchase dated October 22, 2009, and the related letter of transmittal.
Forward-looking Statements
This press release contains certain forward-looking statements, including certain plans, expectations, goals, projections and statements, which are subject to numerous assumptions, risks and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors. Additional factors that could cause results to differ materially from those described above can be found in Huntington Bancshares Incorporated's 2008 Annual Report on Form 10-K, and documents subsequently filed by Huntington Bancshares Incorporated with the Securities and Exchange Commission. All forward-looking statements included in this release are based on information available at the time of the release. Huntington assumes no obligation to update any forward-looking statement.
About Huntington
The Huntington National Bank is a full-service commercial and consumer bank. Its sole shareholder, Huntington Bancshares Incorporated, is a $53 billion regional bank holding company headquartered in Columbus, Ohio. Huntington Bancshares Incorporated has more than 143 years of serving the financial needs of its customers. Through its subsidiaries, including its banking subsidiary, The Huntington National Bank, it provides full-service commercial and consumer banking services, mortgage banking services, equipment leasing, investment management, trust services, brokerage services, customized insurance service program, and other financial products and services. Its over 600 banking offices are located in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. Huntington Bancshares Incorporated also offers retail and commercial financial services online at huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of almost 1,400 ATMs. Its Auto Finance and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers within our six-state banking franchise area. Selected financial service activities are also conducted in other states including: Private Financial Group offices in Florida and Mortgage Banking offices in Maryland and New Jersey. International banking services are available through the headquarters office in Columbus and a limited purpose office located in both the Cayman Islands and Hong Kong.
SOURCE Huntington Bancshares Incorporated
http://www.huntington.com
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Companies: Huntington Bancshares Inc/OH (HBAN)
Nov 04, 2009 (M2 PRESSWIRE via COMTEX) --
Reported by InsiderCow.com at 2009-11-03 11:29:34 ET
STEPHEN D. STEINOUR, CEO of Huntington Bancshares Incorpora(NasdaqGS: HBAN) bought 154,000 shares of HBAN from the open market on 2009-11-03. The stock was up 5.82% after the InsiderCow.com report.
Trade amount: 154,000 Shares
Trade type: Open Market Buy
Price Range: $3.53 - $3.59
Transaction details can be found at http://www.insidercow.com/history/company.jsp?company=HBAN. You can also get real-time alert on any insider trading information from www.insidercow.com, one step before everybody else.
About InsiderCow.com
InsiderCow.com is a leading real-time insider trading information provider. InsiderCow.com is the online division of InsiderCow, a privately-owned company specialized in insider trading information. InsiderCow uses its proprietary software to gather and analyze information provided by the U.S. Securities and Exchange Commission, in real-time. For more information about InsiderCow.com, visit www.insidercow.com.
About HBAN
Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial and consumer banking services. It offers deposit products, including checking accounts, savings accounts, interest bearing and non-interest bearing demand deposits, time deposits, money market deposits, and brokered deposits and negotiable certificates of deposits.
CONTACT: InsiderCow.com e-mail: support@insidercow.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Tags: banking ceo commercial consumer e-mail insider trading investment opinion market money products securities software trade web
COLUMBUS, Ohio, Nov 05, 2009 /PRNewswire-FirstCall via COMTEX/ --
Huntington Bancshares Incorporated (Nasdaq: HBAN) www.huntington.com. The Huntington National Bank ("Huntington") announced the results to date of its offer to purchase subordinated bank notes having an aggregate principal amount up to $400,000,000 (the "Tender Offer"). As of 5:00 p.m., New York City time, on November 4, 2009, Huntington had received tenders of subordinated bank notes having an aggregate principal amount of $369,828,000 as set forth in the table below:
Aggregate
Acceptance Principal
CUSIP Maturity Priority Amount
Title of Security Numbers Date Level Outstanding
----------------- --------- -------- ---------- -----------
The Huntington 44643TAD9 February 1 $150,000,000
National Bank 28, 2019
5.375%
Subordinated Bank
Notes Due 2019
The Huntington 44643TAA5 June 15, 2(1) $200,000,000
National Bank 2018
6.60%
Subordinated Bank
Notes Due 2018
The Huntington 44643TAE7 February 3 $250,000,000
National Bank 15, 2016
5.50%
Subordinated Bank
Notes Due 2016
The Huntington 44643TAC1 January 15, 4 $200,000,000
National Bank 2014
4.90%
Subordinated Bank
Notes Due 2014
Total Principal
Amount Tendered As
of 5:00 p.m.,
Title of Security November 4, 2009
----------------- -------------------
The Huntington $74,284,000
National Bank
5.375%
Subordinated Bank
Notes Due 2019
The Huntington $74,019,000
National Bank
6.60%
Subordinated Bank
Notes Due 2018
The Huntington $146,952,000
National Bank
5.50%
Subordinated Bank
Notes Due 2016
The Huntington $74,573,000
National Bank
4.90%
Subordinated Bank
Notes Due 2014
(1) The maximum aggregate principal amount of The Huntington National
Bank 6.60% Subordinated Bank Notes Due 2018 to be accepted by Huntington
in the Tender Offer will be $150,000,000.
"We are very pleased with the response to date to the tender offer," said Stephen D. Steinour, chairman, president, and chief executive officer. "Using our excess liquidity to purchase subordinated bank notes represents a high-return use of our funds."
The Tender Offer was made to registered holders of the above subordinated bank notes on the terms and subject to the conditions set forth in the Offer to Purchase dated October 22, 2009 (the "Offer to Purchase"), and related letter of transmittal. Under the terms of the Offer to Purchase, 5:00 p.m., New York City Time, on November 4, 2009 was the "Early Tender Date." Holders who tendered their subordinated bank notes prior to the Early Tender Date, and whose subordinated bank notes are accepted for purchase, will receive an early tender premium in addition to the applicable tender offer consideration set forth in the Offer to Purchase and applicable accrued and unpaid interest on the subordinated bank notes, up to, but excluding, the settlement date.
The subordinated bank notes will be purchased in accordance with the acceptance priority level (in numerical priority order) set forth in the table above. If some but not all of an applicable acceptance priority level issue of subordinated bank notes are accepted for purchase, then the securities within that issue will be prorated based on the aggregate principal amount tendered with respect to such issue. Subordinated bank notes in acceptance priority level 1 will not be subject to proration. Completion of the Tender Offer is subject to, and conditioned upon, the satisfaction or, where applicable, waiver of certain conditions set forth in the Offer to Purchase. Huntington may amend the terms of, extend or terminate the Tender Offer at any time.
Under the terms of the Offer to Purchase, Holders have until 11:59 p.m., New York City Time, on Thursday, November 19, 2009, to tender their subordinated bank notes, unless such date is extended or the Tender Offer is earlier terminated with respect to any issue of the subordinated bank notes. Settlement is expected to occur on Monday, November 23, 2009. The complete terms and conditions of the Tender Offer are set forth in the Offer to Purchase and the letter of transmittal that were sent to registered holders of the subordinated bank notes. Holders are urged to read the Offer to Purchase and the letter of transmittal carefully.
Other Information
Sandler O'Neill & Partners, L.P. is serving as Dealer Manager in connection with the Tender Offer. Global Bondholder Services Corporation is serving as Depositary and Information Agent in connection with the Tender Offer. Persons with questions regarding the Tender Offer should contact Sandler O'Neill & Partners, L.P. at 866-805-4128 (toll free) or 212-466-7807 (collect). Requests for copies of the Offer to Purchase or related letter of transmittal may be directed to Global Bondholder Services Corporation at (866) 387-1500 (toll free) or (212) 430-3774 (collect for banks and brokers).
This news release does not constitute an offer to buy or the solicitation of an offer to sell any securities, and there shall be no purchase of securities of Huntington in any state or jurisdiction in which such an offer, solicitation or purchase would be unlawful. The Tender Offer is being made only pursuant to the Offer to Purchase dated October 22, 2009, and the related letter of transmittal.
Forward-looking Statements
This press release contains certain forward-looking statements, including certain plans, expectations, goals, projections, and statements, which are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors. Additional factors that could cause results to differ materially from those described above can be found in Huntington Bancshares Incorporated's 2008 Annual Report on Form 10-K, and documents subsequently filed by Huntington Bancshares Incorporated with the Securities and Exchange Commission. All forward-looking statements included in this release are based on information available at the time of the release. Huntington assumes no obligation to update any forward-looking statement.
About Huntington
The Huntington National Bank is a full-service commercial and consumer bank. Its sole shareholder, Huntington Bancshares Incorporated, is a $53 billion regional bank holding company headquartered in Columbus, Ohio. Huntington Bancshares Incorporated has more than 143 years of serving the financial needs of its customers. Through its subsidiaries, including its banking subsidiary, The Huntington National Bank, it provides full-service commercial and consumer banking services, mortgage banking services, equipment leasing, investment management, trust services, brokerage services, customized insurance service program, and other financial products and services. Its over 600 banking offices are located in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. Huntington Bancshares Incorporated also offers retail and commercial financial services online at huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of almost 1,400 ATMs. Its Auto Finance and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers within our six-state banking franchise area. Selected financial service activities are also conducted in other states including: Private Financial Group offices in Florida and Mortgage Banking offices in Maryland and New Jersey. International banking services are available through the headquarters office in Columbus and a limited purpose office located in both the Cayman Islands and Hong Kong.
SOURCE Huntington Bancshares Incorporated
http://www.huntington.com
Tags: annual report automobile bank banking ceo commercial consumer dealer financial services florida hong kong indiana insurance investment kentucky leasing maryland michigan mortgage nasdaq new_york new jersey ohio online pennsylvania president retail securities security west virginia
Companies: Huntington Bancshares Inc/OH (HBAN)
COLUMBUS, Ohio, Nov 05, 2009 (M2 PRESSWIRE via COMTEX) --
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com). The Huntington National Bank ("Huntington") announced the results to date of its offer to purchase subordinated bank notes having an aggregate principal amount up to $400,000,000 (the "Tender Offer"). As of 5:00 p.m., New York City time, on November 4, 2009, Huntington had received tenders of subordinated bank notes having an aggregate principal amount of $369,828,000 as set forth in the table below:
Aggregate Acceptance Principal CUSIP Maturity Priority Amount Title of Security Numbers Date Level Outstanding
----------------- --------- -------- ---------- -----------
The Huntington 44643TAD9 February 1 $150,000,000 National Bank 28, 2019 5.375% Subordinated Bank Notes Due 2019
The Huntington 44643TAA5 June 15, 2(1) $200,000,000 National Bank 2018 6.60% Subordinated Bank Notes Due 2018
The Huntington 44643TAE7 February 3 $250,000,000 National Bank 15, 2016 5.50% Subordinated Bank Notes Due 2016
The Huntington 44643TAC1 January 15, 4 $200,000,000 National Bank 2014 4.90% Subordinated Bank Notes Due 2014
Total Principal Amount Tendered As of 5:00 p.m., Title of Security November 4, 2009
----------------- -------------------
The Huntington $74,284,000 National Bank 5.375% Subordinated Bank Notes Due 2019
The Huntington $74,019,000 National Bank 6.60% Subordinated Bank Notes Due 2018
The Huntington $146,952,000 National Bank 5.50% Subordinated Bank Notes Due 2016
The Huntington $74,573,000 National Bank 4.90% Subordinated Bank Notes Due 2014
(1) The maximum aggregate principal amount of The Huntington National Bank 6.60% Subordinated Bank Notes Due 2018 to be accepted by Huntington in the Tender Offer will be $150,000,000.
"We are very pleased with the response to date to the tender offer," said Stephen D. Steinour, chairman, president, and chief executive officer. "Using our excess liquidity to purchase subordinated bank notes represents a high-return use of our funds."
The Tender Offer was made to registered holders of the above subordinated bank notes on the terms and subject to the conditions set forth in the Offer to Purchase dated October 22, 2009 (the "Offer to Purchase"), and related letter of transmittal. Under the terms of the Offer to Purchase, 5:00 p.m., New York City Time, on November 4, 2009 was the "Early Tender Date." Holders who tendered their subordinated bank notes prior to the Early Tender Date, and whose subordinated bank notes are accepted for purchase, will receive an early tender premium in addition to the applicable tender offer consideration set forth in the Offer to Purchase and applicable accrued and unpaid interest on the subordinated bank notes, up to, but excluding, the settlement date.
The subordinated bank notes will be purchased in accordance with the acceptance priority level (in numerical priority order) set forth in the table above. If some but not all of an applicable acceptance priority level issue of subordinated bank notes are accepted for purchase, then the securities within that issue will be prorated based on the aggregate principal amount tendered with respect to such issue. Subordinated bank notes in acceptance priority level 1 will not be subject to proration. Completion of the Tender Offer is subject to, and conditioned upon, the satisfaction or, where applicable, waiver of certain conditions set forth in the Offer to Purchase. Huntington may amend the terms of, extend or terminate the Tender Offer at any time.
Under the terms of the Offer to Purchase, Holders have until 11:59 p.m., New York City Time, on Thursday, November 19, 2009, to tender their subordinated bank notes, unless such date is extended or the Tender Offer is earlier terminated with respect to any issue of the subordinated bank notes. Settlement is expected to occur on Monday, November 23, 2009. The complete terms and conditions of the Tender Offer are set forth in the Offer to Purchase and the letter of transmittal that were sent to registered holders of the subordinated bank notes. Holders are urged to read the Offer to Purchase and the letter of transmittal carefully.
Other Information
Sandler O'Neill & Partners, L.P. is serving as Dealer Manager in connection with the Tender Offer. Global Bondholder Services Corporation is serving as Depositary and Information Agent in connection with the Tender Offer. Persons with questions regarding the Tender Offer should contact Sandler O'Neill & Partners, L.P. at 866-805-4128 (toll free) or 212-466-7807 (collect). Requests for copies of the Offer to Purchase or related letter of transmittal may be directed to Global Bondholder Services Corporation at (866) 387-1500 (toll free) or (212) 430-3774 (collect for banks and brokers).
This news release does not constitute an offer to buy or the solicitation of an offer to sell any securities, and there shall be no purchase of securities of Huntington in any state or jurisdiction in which such an offer, solicitation or purchase would be unlawful. The Tender Offer is being made only pursuant to the Offer to Purchase dated October 22, 2009, and the related letter of transmittal.
Forward-looking Statements
This press release contains certain forward-looking statements, including certain plans, expectations, goals, projections, and statements, which are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors. Additional factors that could cause results to differ materially from those described above can be found in Huntington Bancshares Incorporated's 2008 Annual Report on Form 10-K, and documents subsequently filed by Huntington Bancshares Incorporated with the Securities and Exchange Commission. All forward-looking statements included in this release are based on information available at the time of the release. Huntington assumes no obligation to update any forward-looking statement. About Huntington
The Huntington National Bank is a full-service commercial and consumer bank. Its sole shareholder, Huntington Bancshares Incorporated, is a $53 billion regional bank holding company headquartered in Columbus, Ohio. Huntington Bancshares Incorporated has more than 143 years of serving the financial needs of its customers. Through its subsidiaries, including its banking subsidiary, The Huntington National Bank, it provides full-service commercial and consumer banking services, mortgage banking services, equipment leasing, investment management, trust services, brokerage services, customized insurance service program, and other financial products and services. Its over 600 banking offices are located in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. Huntington Bancshares Incorporated also offers retail and commercial financial services online at huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of almost 1,400 ATMs. Its Auto Finance and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers within our six-state banking franchise area. Selected financial service activities are also conducted in other states including: Private Financial Group offices in Florida and Mortgage Banking offices in Maryland and New Jersey. International banking services are available through the headquarters office in Columbus and a limited purpose office located in both the Cayman Islands and Hong Kong.
CONTACT: Jay Gould, Analysts, Huntington Bancshares Incorporated Tel: +1 614 480 4060 Jim Graham, Media, Huntington Bancshares Incorporated Tel: +1 614 480 3878 Maureen Brown, Media, Huntington Bancshares Incorporated Tel: +1 614 480 5512
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Tags: annual report automobile bank banking ceo commercial consumer dealer financial services florida hong kong indiana insurance investment kentucky leasing maryland media michigan mortgage nasdaq new_york new jersey ohio online pennsylvania president retail securities security web west virginia
Companies: Huntington Bancshares Inc/OH (HBAN)
Total : 20 View more »
AIG Rises Over 50%; Zions Bancorp One of the Most Heavily Shorted on S&P; Morgan Stanley and Wachovia Merger Talks Intensify; General Electric Shares Gaining Due to Financial Exposure; UltraShort Financial ProShares ETF Down 21%; Banks Raised to "Overweight" at RBC; Merrill Lynch
http://www.zibb.com/article/3999934/Video+Sector+to+Watch+Financials
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http://www.newratings.com/headlines/Huntington-Bancshares_US4461501045.html
When a group of Six Sigma black belts at Huntington Bancshares (Columbus, Ohio; $30 billion in assets) examined teller utilization throughout their branch network, they discovered an opportunity for improvement.
http://www.banktech.com/printableArticle.jhtml?articleID=54201257
Total : 53,400 View more »
Providing secure online banking, checking, savings accounts, CDs, mortgages, loans, retirement plans, bill pay and other financial services to individuals and businesses.
Get the latest on Huntington Bancshares Incorporated including up to date news, high quality discussion groups and more on Google Finance.
KEYWORD RICH DESCRIPTION ... Huntington Bancshares Incorporated Investor Relations Information . Huntington Bancshares Incorporated (NASDAQ; HBAN) is a $50+ billion regional bank ...