Timing and Approvals At closing, five current TCF Directors will be added to the Board of Directors of the holding company. Such statements are subject to numerous assumptions, risks, and uncertainties. Currency in USD, Trade prices are not sourced from all markets. The merger will create a top 10 U.S. regional bank with dual headquarters in Detroit, Michigan, and Columbus, Ohio, according to a joint press release from the banks. The merger is expected to close in the second quarter of 2021, subject to satisfaction of customary closing conditions, including receipt of customary regulatory approvals and approval by the shareholders of each company. Additional factors that could cause results to differ materially from those described above can be found in Huntington’s Annual Report on Form 10-K for the year ended December 31, 2019 and in its subsequent Quarterly Reports on Form 10-Q, including for the quarter ended September 30, 2020, each of which is on file with the Securities and Exchange Commission (the “SEC”) and available in the “Investor Relations” section of Huntington’s website, http://www.huntington.com, under the heading “Publications and Filings” and in other documents Huntington files with the SEC, and in TCF’s Annual Report on Form 10-K for the year ended December 31, 2019 and in its subsequent Quarterly Reports on Form 10-Q, including for the quarter ended September 30, 2020, each of which is on file with the SEC and available on TCF’s investor relations website, ir.tcfbank.com, under the heading “Financial Information” and in other documents TCF files with the SEC. To. “This partnership will provide us the opportunity for deeper investments in our communities, more jobs in Detroit, an increased commitment in Minneapolis and a better experience for our customers,” Torgow said. Merging with the Huntington platform will be a great benefit to all of our stakeholders and will drive significant opportunities for our team members.”. All. Year. Slides will be available in the Investor Relations section of Huntington’s website. Note that the third party's privacy policy and security practices apply and may differ from Huntington’s standards. Search Search Headlines Only. Simpson, Thacher & Bartlett LLP is serving as legal advisor to TCF. Press release content from PR Newswire. From. This communication may contain certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements about the benefits of the proposed transaction, the plans, objectives, expectations and intentions of Huntington and TCF, the expected timing of completion of the transaction, and other statements that are not historical facts. News. 's website policies will take effect when you click on the "Continue" button below. Press Releases . Huntington Bank and TCF Bank agreed to merge Sunday in an all-stock deal to create a regional bank with nearly $168 billion in assets, $117 billion in loans, $134 billion in deposits and $22 billion in market value, the companies said in a press release. Huntington Bancshares Inc (HBAN), the parent company of The Huntington National Bank, and TCF Financial Corp (TCF), the parent company of TCF National Bank, agreed to combine in an all-stock merger with a total market value of about $22 billion with dual … Source: RTTNews - Neutral. “This merger combines the best of both companies and provides the scale and resources to drive increased long-term shareholder value. Date. With a rich history of caring for customers and colleagues, the new organization will have a top 5 rank in approximately 70% of its deposit markets and will leverage its scale to serve customer needs through a distinctive, “People-First, Digitally-Powered” customer experience. The combined organization will significantly improve Huntington’s market position, increase scale and provide greater revenue growth opportunities. Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $120 billion of assets and a network of 839 full‐service branches, including 11 Private Client Group offices, and 1,330 ATMs across seven Midwestern states. Shortly after 10 … SAG-AFTRA and Exactuals Direct Deposit Initiative Hits Major Milestone: 1 Million Payments; October 05, 2020. Neither Huntington nor TCF assumes any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. 2021. Published. The common stock cash dividend is payable April 1, 2021, to shareholders of record on March 18, 2021. “We will be a top regional bank, with the scale to compete and the passion to serve. While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements:  changes in general economic, political, or industry conditions; the magnitude and duration of the COVID-19 pandemic and its impact on the global economy and financial market conditions and our business, results of operations, and financial condition; uncertainty in U.S. fiscal and monetary policy, including the interest rate policies of the Federal Reserve Board; volatility and disruptions in global capital and credit markets; movements in interest rates; reform of LIBOR; competitive pressures on product pricing and services; success, impact, and timing of our business strategies, including market acceptance of any new products or services including those implementing our “Fair Play” banking philosophy; the nature, extent, timing, and results of governmental actions, examinations, reviews, reforms, regulations, and interpretations, including those related to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III regulatory capital reforms, as well as those involving the OCC, Federal Reserve, FDIC, and CFPB; the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement between Huntington and TCF; the outcome of any legal proceedings that may be instituted against Huntington or TCF; delays in completing the transaction; the failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); the failure to obtain shareholder approvals or to satisfy any of the other conditions to the transaction on a timely basis or at all; the possibility that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where Huntington and TCF do business; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; the ability to complete the transaction and integration of Huntington and TCF successfully; the dilution caused by Huntington’s issuance of additional shares of its capital stock in connection with the transaction; and other factors that may affect the future results of Huntington and TCF. The headquarters for the Commercial Bank will be in Detroit where “at least 800 employees of the combined company, nearly three times the number TCF had planned, will be housed in the downtown structure”, the press release said. Shareholder Alert: Ademi LLP Investigates whether TCF Financial … Huntington Bancshares Incorporated To Announce 2020 Fourth Quarter Earnings And Hold Earnings Conference Call January 22, 2021 . Published on Dec 14, 2020. ®, Huntington®, Huntington®, Huntington.Welcome.®, and Huntington Heads Up® are federally registered service marks of Huntington Bancshares Incorporated. About Huntington Environmental, Social and Governance Reports, SEC Beneficial Ownership Reports for Officers and Directors, Direct Stock Purchase and Dividend Reinvestment Information, We look forward to welcoming the TCF Team Members. Huntington is planning other enhancements to the real-time payments option that will increase the technological capabilities and further boost the process, the release … Earnings Press Release and Supplement Slide Presentation including Appendix (PDF) Huntington Bank 2019 ESG Report Highlights Commitment to Shareholders, Customers, Colleagues and … How to get rid of cockroaches for a long time? HUNTINGTON BANCSHARES INCORPORATED : Press releases relating to HUNTINGTON BANCSHARES INCORPORATED Investor relations | Nasdaq: HBAN | Nasdaq The Huntington National Bank is an Equal Housing Lender and Member FDIC. The Huntington National Bank is an Equal Housing Lender and Member FDIC. Huntington also provides vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states. Fourth quarter net income was … ® and Huntington® are federally registered service marks of Huntington Bancshares Incorporated. Visit huntington.com for more information. Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $123 billion of assets and a network of 839 full-service branches, including 11 Private Client Group offices, and 1,322 ATMs across seven Midwestern states. View more. The merger uniquely positions the combined organization to capitalize on market opportunities and broaden the channels and customers it serves through expanded distribution and product offerings. Huntington assumes no responsibility for, nor does it control, endorse or guarantee any aspect of, your use of this linked site. Huntington expects the financially compelling transaction to be 18% accretive to earnings per share in 2022, assuming the fully phased-in transaction cost synergies. Huntington Bancshares and TCF Financial Corporation Announce Merger To Create Top 10 U.S. Read the latest statements and press releases from HSBC Holdings plc and announcements about our key campaigns. CAUTION REGARDING FORWARD-LOOKING STATEMENTS Filter by. Close filter menu 1 to 20 of 158 results 1-20 of 158 results Clear filters. PARTICIPANTS IN THE SOLICITATION Huntington, TCF, and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Huntington and TCF in connection with the proposed transaction under the rules of the SEC. Huntington Bancshares Incorporated (www.huntington.com) announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.15 per common share, unchanged from the prior quarter. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. If you need to contact our media relations team, please visit the Media contacts page. ... and 1,330 ATMs across seven Midwestern states. Goldman Sachs & Co. LLC is serving as financial advisor to Huntington. City National Bank Donates $100,000 to Broadway Cares/Equity Fights AIDS ; October 06, 2020. Press Release: Huntington Bank : Huntington's "Support Local" Campaign Documents Resilience of Small Businesses During the Pandemic COLUMBUS, Ohio, Dec. 1, 2020 /PRNewswire/ -- Huntington (Nasdaq: HBAN; www.huntington.com) today launched its Support Local video series, a customer-inspired campaign that highlights the strength and resilience of small businesses across the Midwest. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. Research Reports. AFS announced today that The Huntington National Bank, a subsidiary of Huntington Bancshares Incorporated, has signed on to convert to AFSVision. Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $120 billion of assets and a network of 839 full-service branches, including 11 Private Client Group offices, and 1,330 ATMs across seven Midwestern states. The pro forma combined company will have approximately $168 billion in assets, $117 billion in loans, and $134 billion in deposits. Huntington Bancshares in Columbus, Ohio, has announced a five-year, $20 billion commitment in support of economic opportunities for consumers, businesses, and communities across its seven-state footprint.. Press Releases, Presentations & Events Press Releases, Presentations & Events Corporate Press Releases ... and 1,330 ATMs across seven Midwestern states. Press Releases. COLUMBUS, Ohio and DETROIT, December 13, 2020-- Huntington Bancshares … Upon closing, Stephen D. Steinour will remain the chairman, president, and CEO of the holding company and CEO and president of the bank. Filters Filter Clear all. 248.608.5293. Program coalition also includes Charles Stewart Mott Foundation, Community Foundation of Greater Flint, Flint & Genesee Chamber of Commerce, Genesee Chamber … Press Release FlintNOW Foundation, Huntington Bank announce $25 million economic development program for Flint Capital earmarked for hardship relief, mortgage assistance, small business loans and youth education . To learn more about TCF, visit tcfbank.com. Analysts: Mark Muth (mark.muth@huntington.com) 614.480.4720: Media: Matt Samson (matt.b.samson@huntington.com) 312.263.0203 : Randi Berris (randi.berris@tcfbank.com) 248.608.5293 . Keefe, Bruyette & Woods, a Stifel Company, is serving as financial advisor to TCF. Dec 18, 2020. Huntington Bancshares is merging with TCF Financial in a $22 billion deal that will result in the development of one of the top 10 U.S. regional banks. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Huntington. for multimedia channels. Shareholders will be able to obtain a free copy of the definitive joint proxy statement/prospectus, as well as other filings containing information about Huntington and TCF, without charge, at the SEC’s website (http://www.sec.gov). All rights reserved. Please note that the third party's privacy policy and security practices apply and may differ from Huntington’s standards. October 29, 2020. The headquarters for the Commercial Bank will be in Detroit where at least 800 employees of the combined company, nearly three times the number TCF had planned, will be housed in the downtown structure. Columbus will remain the headquarters for the holding company and the Consumer Bank. TCF’s primary banking subsidiary, TCF National Bank, is a premier Midwest bank offering consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses and commercial clients. © 2019 Huntington Bancshares Incorporated. David L. Porteous will serve as Lead Director of the holding company’s Board of Directors and the bank’s Board of Directors. Press Releases. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Regional Bank, Randi Berris Huntington Bancshares Incorporated is a bank holding company headquartered in Columbus, Ohio.The company is ranked 524th on the Fortune 500, and is 39th on the list of largest banks in the United States.. You are now leaving the huntington-ir.com site and being redirected to the website of . Analyst Report: Huntington Bancshares Incorporated. Strategic and Financial Benefits of the Proposed Merger. Clear search Submit search. Free copies of this document may be obtained as described in the preceding paragraph. About Huntington Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $118 billion of assets … The … COLUMBUS, Ohio and DETROIT, December 13, 2020 -- Huntington Bancshares Incorporated (“Huntington”) (Nasdaq: HBAN; www.huntington.com), the parent company of The Huntington National Bank, and TCF Financial Corporation (“TCF”) (Nasdaq: TCF; www.tcfbank.com), the parent company of TCF National Bank, today announced the signing of a definitive agreement under which the companies will combine in an all-stock merger with a total market value of approximately $22 billion to create a top 10 U.S. regional bank with dual headquarters in Detroit, Michigan and Columbus, Ohio. Category. © 2021 Verizon Media. The company is expected to extend its top quartile financial metrics after completion of the integration. PNC Reports Full Year 2020 Net Income Of $7.6 Billion, $16.96 Diluted EPS. Huntington’s senior management will host a conference call at 8:30 a.m. Eastern Time, Monday, December 14, 2020, to discuss the strategic and financial implications of the transaction. Gary Torgow will serve as chairman of the bank’s board of directors. (randi.berris@tcfbank.com) Information regarding Huntington’s directors and executive officers is available in its definitive proxy statement relating to its 2020 Annual Meeting of Shareholders, which was filed with the SEC on March 12, 2020, and other documents filed by Huntington with the SEC. Columbus will remain the headquarters for the holding company and the Consumer Bank. Try a pest control like solution, HIT Anti Roach Gel for a 45 day cockroach-free home. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The AP news staff was not involved in its creation. Conference Call and Webcast Information ALERT: Halper Sadeh LLP Investigates INFO, WDR, CKH, PS, … “This plan is the result of extensive listening — listening to our community partners, customers and colleagues to understand their needs and to have robust discussions about how Huntington can best help,” Steinour said. Board of Directors   We look forward to welcoming the TCF Team Members. INVESTORS AND SHAREHOLDERS OF HUNTINGTON AND SHAREHOLDERS OF TCF ARE URGED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The forward-looking information contained in this news release represents the expectations of Huntington as of the date of this news release and, accordingly, is subject to change after such date. Get News Alerts by Email. Source: PR Newswire Press Release: Huntington Bank : Huntington Launches "We're for People" Campaign COLUMBUS, Ohio, June 3, 2019 /PRNewswire/ -- Huntington (Nasdaq: HBAN; www.huntington.com) today launched its new "We're for People" brand campaign, the culmination of a two-year, customer-inspired road trip that took Huntington bankers into homes and businesses to … AKRON, Ohio — A man accused of robbing a Huntington Bank in Akron is wanted by the Akron Police Department, according to a news release. Asset Types Video Audio Photos Documents Events Standard Basic Search. 30 March 2016. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Full year 2020 highlights compared to full year 2019: Penske Automotive Group Increases Dividend, General Mills Quarterly Dividend Declared, Equity Bancshares (EQBK) Q4 Earnings and Revenues Surpass Estimates, Recap: Spirit of Texas Bancshare Q4 Earnings, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Jan 15, 2021. Steve Steinour, Huntington chairman, president and CEO, said in a press release the 2020 Community Plan was created with input from the communities. Regional Bank . TCF has approximately 475 branches primarily located in Michigan, Illinois and Minnesota with additional locations in Colorado, Ohio, South Dakota and Wisconsin. FOR IMMEDIATE RELEASE March 30, 2012 Media Contact: LaJuan Williams-Young Office: 202-898-3876 Email: lwilliams-young@fdic.gov. All forward-looking statements speak only as of the date they are made and are based on information available at that time. In connection with the proposed transaction, Huntington will file with the SEC a Registration Statement on Form S-4 that will include a Joint Proxy Statement of Huntington and TCF and a Prospectus of Huntington, as well as other relevant documents concerning the proposed transaction. PR Newswire. The call may be accessed via a live Internet webcast at the Investor Relations section of Huntington’s website, www.huntington.com, or through a dial-in-telephone number at (877) 407-8029, Conference ID# 13714197. Huntington assumes no responsibility for, nor does it control, endorse or guarantee any aspect of, your use of this linked site. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Press Releases Latest Press Releases. Huntington is focused on accelerating digital investments to further enhance our award-winning people-first, digitally powered customer experience,” Steinour said. For the holding company, Ohio, assumes all of the Bank ’ s shareholders for their consideration Huntington provides. 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