Huntington Bancshares: Ranked 26th on the list of largest banks in the US
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Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.
The company I'm going to introduce this time is $Huntington Bancshares(HBAN)$ .
[Company Profile]
Founded in 1866, Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. The company is ranked 521st on the Fortune 500,and is 26th on the list of largest banks in the United States.
The company's banking subsidiary, The Huntington National Bank, operates 1047 banking offices, primarily in the Midwest: 459 in Ohio, 290 in Michigan, 80 in Minnesota, 51 in Pennsylvania, 45 in Indiana, 35 in Illinois, 32 in Colorado, 29 in West Virginia, 16 in Wisconsin and 10 in Kentucky.
[History & Events]
1866：P. W. Huntington formed P. W. Huntington & Company, operating on the northwest corner of High and Broad Streets.
1905: The bank was incorporated as The Huntington National Bank of Columbus..
1958: Huntington acquired the Columbus-based The Market Exchange Bank Company.
1967: Huntington Bancshares acquired the Washington Court House-based The Washington Savings Bank.
1981:The bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati.
1997: The bank acquired First Michigan Bank Corporation of Holland, Michigan.
2002:The company sold its branches in Florida to SunTrust Banks for $705 million.
2012:The bank acquired Dearborn-based Fidelity Bank.
2022: Huntington completed it's acquisition of Capstone Partners, an investment bank and advisory firm based in Boston.
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