Bailout Bank Bio: Huntington Bancshares

Jan 8, 2009 | 2 min read | Print Article

Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio with 600 regional banking offices in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. On November 14, Huntington announced its participation in the Treasury Department’s Capital Purchase Program. Under the program Huntington will sell $1.4 billion worth of preferred stock to Treasury. Huntington has been one of the very few financial industry companies to do relatively well since the spring of 2008. Between May and October, the S&P dropped 30 percent and the Dow dropped 24 percent.

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Bailout Bank Bio: Huntington Bancshares


Federal Equity Investment	$1.398 billion
Total Revenue	$3.45 billion (2007) $3.70 billion (2008)
Net Income (Loss)	$75.2 million (2007) ($113.8 milion) (2008)
Number of Employees	10,890
Corporate Headquarters	Columbus, Ohio
Business Sector	Financial
Officers and Directors	Casto, Don, Director Lhota, William, Director Gerlach, John, Director Biggs, Raymond, Director Endres, Michael, Director Lauer, David, Director Ransier, Kathleen, Director Little, Gene, Director Mastroianni, Gerard, Director Levy, Jonathan, Director Hilliker, D. James, Director Fennell, Marylouise, Director Kimble, Donald, Chief Financial Officer, Executive Vice President, Treasurer Hoaglin, Thomas, Chairman of the Board, President, Chief Executive Officer
Corporate Website	https://www.huntington.com/
Executive Compensation	Huntington Bancshares