- Business
- Huntington Bancshares Incorporated Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, and founded in 1866 that, through its principal subsidiary The Huntington National Bank, provides a comprehensive range of commercial, consumer, and mortgage banking products and services; these include checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, small business loans and leases, mortgage banking, treasury management, foreign exchange, equipment leasing, wealth and investment management, trust services, brokerage, insurance, payments, dealer financing, and customized insurance brokerage programs to consumer, small business, middle market, large corporate, government public sector, and automotive dealership customers. The company operates primarily in the Midwest footprint encompassing Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky, with recent expansions into high-growth markets including North Carolina, South Carolina, Texas, and further across the South through strategic acquisitions. Huntington Bancshares organizes its operations into key segments such as Consumer and Regional Banking, Commercial Banking, Vehicle Finance and Commercial Real Estate, and Home Lending, serving clients via branches, digital platforms, and specialized relationship managers. In recent developments, Huntington Bancshares completed its merger with Veritex Holdings, Inc. in 2025, accelerating growth in Dallas-Fort Worth and Houston with added assets, loans, and deposits, and entered a definitive agreement in October 2025 to acquire Cadence Bank in a $7.4 billion all-stock transaction expected to close in late 2025 or early 2026, establishing presence across 21 states including top metropolitan areas like Atlanta, Nashville, Orlando, and Tampa while enhancing commercial banking, wealth management, and deposit market share in Texas, Mississippi, Alabama, and Arkansas. Additionally, the company expanded middle market banking into the Carolinas and Texas, launched new commercial banking verticals such as Fund Finance, Native American Financial Services, Healthcare Asset-based Lending, and Specialized Mortgage Solutions in early 2025, and plans to open 55 new offices in North and South Carolina while hiring 350 staff to bolster retail banking and wealth management.