Huntington pledges $20B to address racial, income inequality
The bank's five-year commitment will focus on providing more capital to small businesses and expanding access to affordable housing and home ownership. ... Read full article
News Topic: Steve Steinour
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Huntington aims to contain energy exposure, ride consumer lending
The Ohio company, which has beefed up its loan-loss reserves, raised the possibility of more sales of oil and gas credits and talked up strong retail segments such as its marine and RV loans. ... Read full article
Huntington counts on consumers to drive loan growth
The combination of low unemployment, rising wages and falling interest rates means more households are taking out loans for big-ticket items like speedboats and mobile homes. ... Read full article
Huntington names Visa executive as its new chief financial officer
Zachary Wasserman will succeed Mac McCullough, who is retiring at the end the year. ... Read full article
5 takeaways from banks' 4Q results
Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head." ... Read full article
Shutdown threatens Midwest job growth, Huntington CEO warns
With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says. ... Read full article
Why Huntington CEO isn’t sweating higher deposit costs
The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off. ... Read full article
Defying predictions, credit quality keeps improving at many banks
Huntington, Wintrust and Eagle reported extremely low quarterly chargeoff ratios, and their CEOs say they remain confident about the future. But, as one observer says, "ultimately some sector is going to get overextended." ... Read full article
Huntington taps Bank of the West exec to lead retail bank
Andy Harmening will succeed longtime retail banking chief Mary Navarro, who is retiring in June. ... Read full article
Manufacturing comeback push cheered by Midwestern banks
Huntington Bancshares says it is especially well positioned to benefit from a commercial lending boom that could accompany a revival of U.S. heavy industry, but other lenders also say they are upbeat. ... Read full article