Huntington Bancshares Incorporated is a bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, traces its origins to 1866, making it one of the older continuously operating banks in the American Midwest. From a single office in Columbus, the bank grew into a regional institution serving consumers, small businesses, corporations, and municipalities across a multi-state footprint.
The company operates under the Nasdaq ticker HBAN and is a component of the S&P 500. As of early 2026, following the completion of its merger with Cadence Bank, Huntington has approximately $279 billion in total assets and nearly 1,400 branches across 21 states, placing it among the ten largest U.S. banks by asset size. Its geographic reach now extends from the Midwest through the South into Texas.
Huntington’s product range covers everyday consumer banking, mortgage lending, wealth management, commercial lending, and insurance. The company has expanded steadily through organic growth and targeted acquisitions, most notably its 2021 combination with TCF Financial and the 2026 absorption of Cadence Bank. According to Forbes, it ranks among the top 2,000 largest public companies in the world and has earned recognition on the Forbes World’s Best Banks list.
Business Segments
Huntington organizes its operations into four reporting segments, each serving a distinct customer group with tailored products and services.
Personal
Covers everyday banking for individual consumers, including checking and savings accounts, personal loans, mortgages, investments, insurance products, and brokerage services. Huntington’s consumer segment is anchored by its award-winning mobile app and no-overdraft-fee products such as the 24-Hour Grace feature.
Private Banking
Serves high-net-worth individuals and families with bespoke banking, lending, and wealth management solutions. Services include investment management, financial planning, trust and estate administration, retirement plan services, and insurance — typically delivered through dedicated relationship managers.
Business
Addresses the banking needs of small to mid-sized businesses with checking accounts, savings and liquidity solutions, credit cards, term loans, lines of credit, treasury management, and business insurance. Huntington has built a particularly strong position in small business lending in its core Midwest markets.
Commercial
Covers larger corporate and institutional clients with treasury management, syndicated credit, equipment leasing, capital markets execution, and investment products. The 2022 acquisition of Capstone Partners expanded Huntington’s middle-market investment banking capabilities within this segment.
History & Milestones
P. W. Huntington founds The Huntington National Bank in Columbus, Ohio, with a focus on commercial lending to local businesses and merchants in the growing postwar economy.
Huntington Bancshares Incorporated (HBI) is established as a bank holding company, a structure that allows for broader geographic expansion and subsidiary ownership under evolving federal banking regulations.
Alger Savings Bank merges into a Huntington affiliate, marking an early step in the company’s strategy of absorbing smaller Ohio community banks.
The Huntington Mortgage Company is established as a dedicated subsidiary. The Pickerington Bank is also merged into the bank during this period, adding community banking presence in central Ohio.
Farmers & Merchants Bank of Milford Center and First National Bank of Burton are both merged with Huntington, further consolidating the bank’s presence across Ohio’s smaller communities.
Huntington merges with Reeves Banking and Trust Company, one of several acquisitions during the decade that broadened the bank’s deposit base and retail network.
Huntington acquires Sky Financial Group Inc. in a deal that roughly doubles its size and expands its franchise into Michigan, Indiana, Pennsylvania, West Virginia, and Kentucky, transforming it into a true multi-state regional bank.
The company acquires Camco Financial Corporation, the holding company for Advantage Bank, deepening its presence in eastern Ohio and western West Virginia.
TCF National Bank formally joins The Huntington National Bank following the completion of Huntington’s merger with TCF Financial Corporation — a combination that added significant retail and commercial banking assets across the Upper Midwest, including Minnesota and Illinois.
Huntington acquires Capstone Partners, a Boston-based middle-market investment bank, adding advisory and capital markets capabilities to its commercial banking platform.
Huntington completes the acquisition of Veritex Holdings, a Dallas-based community bank, in October, establishing an initial foothold in the Texas market ahead of the larger Cadence Bank merger.
The merger with Cadence Bank closes on February 1, adding approximately $53 billion in assets, 390 branches across Texas and the South, and positioning Huntington as the number-one bank in Mississippi and one of the top banks in Texas by deposit market share.
Founder
Pelatiah Webster Huntington established The Huntington National Bank in Columbus in 1866. A businessman with roots in the post-Civil War Ohio economy, Huntington identified Columbus’s position as Ohio’s capital and a growing rail hub as ideal conditions for a commercial bank. He built the institution on principles of conservative lending and community service — values that shaped its culture well into the twentieth century. The bank and, later, the broader holding company both carry his family name.
Revenue
The figures below represent total net revenues (net interest income plus non-interest income) as reported in annual filings, in USD billions, for the fiscal years ending December 31.
Market Capitalization
The chart below reflects approximate year-end market capitalization values in USD billions. The sharp increase beginning in 2021 reflects the impact of the TCF Financial merger and subsequent growth.
Major Acquisitions
Competitors
| Company | Ticker | Headquarters | Approx. Revenue | Approx. Market Cap |
|---|---|---|---|---|
| Fifth Third Bancorp | FITB | Cincinnati, OH | ~$8.4B | ~$27B |
| KeyCorp | KEY | Cleveland, OH | ~$6.5B | ~$17B |
| Regions Financial Corporation | RF | Birmingham, AL | ~$7.2B | ~$21B |
| Citizens Financial Group | CFG | Providence, RI | ~$7.6B | ~$18B |
| M&T Bank Corporation | MTB | Buffalo, NY | ~$9.2B | ~$33B |
| Comerica Incorporated | CMA | Dallas, TX | ~$3.2B | ~$7B |
| Synovus Financial Corp. | SNV | Columbus, GA | ~$2.2B | ~$7B |
| First Horizon Corporation | FHN | Memphis, TN | ~$3.1B | ~$9B |
| PNC Financial Services Group | PNC | Pittsburgh, PA | ~$21.5B | ~$70B |
| U.S. Bancorp | USB | Minneapolis, MN | ~$26.2B | ~$67B |
Frequently Asked Questions
Who founded Huntington Bancshares and when?
The Huntington National Bank was founded in 1866 by P. W. Huntington (Pelatiah Webster Huntington) in Columbus, Ohio. Huntington Bancshares Incorporated, the holding company structure that sits above the bank today, was formally established in 1966, exactly one hundred years after the bank’s founding.
What states does Huntington Bank operate in?
Following the February 2026 merger with Cadence Bank, Huntington operates in 21 states. Its core Midwest footprint covers Ohio, Michigan, Indiana, Kentucky, West Virginia, Pennsylvania, and Illinois. The TCF acquisition in 2021 added Minnesota, Colorado, and several other states, while the 2025–2026 Veritex and Cadence transactions extended the bank’s reach into Texas, Mississippi, Alabama, Arkansas, Georgia, Tennessee, and Florida.
What was the TCF Financial merger and why did it matter?
Huntington merged with TCF Financial Corporation in an all-stock deal that closed in June 2021. TCF was a major regional bank headquartered in Detroit with a large consumer banking base in Minnesota and Michigan, plus national equipment finance and commercial banking businesses. The combination created a bank with over $168 billion in assets at the time, meaningfully expanding Huntington’s scale and geographic diversity and adding fee-generating businesses outside traditional deposit-taking and lending.
What is Huntington’s 24-Hour Grace feature?
The 24-Hour Grace is a consumer banking product that gives account holders until midnight the day after an overdraft occurs to bring their account back to a positive balance before any overdraft fee is charged. Huntington has offered versions of this feature since 2010 and has positioned its commitment to avoiding penalty fees as a core part of its consumer brand identity, particularly in competition with larger national banks.
How does Huntington compare in size to other U.S. banks?
With approximately $279 billion in total assets as of early 2026, Huntington ranks among the ten largest U.S. banks by asset size. It sits below the four largest U.S. banks — JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo — and broadly comparable peers such as U.S. Bancorp and PNC Financial Services. However, Huntington is considerably larger than most of the community and regional banks with which it competes for retail and small-business customers in its core Midwest markets.
*Information from Forbes.com, Wikipedia.org, and www.huntington.com.
**Video published on YouTube by “Huntington Bank”.
