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. The pro forma combined company will have approximately $168 billion in assets, $117 billion in loans, and $134 billion in deposits. Merging with the Huntington platform will be a great benefit to all of our stakeholders and will drive significant opportunities for our team members.”. 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 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. 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. 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. Together we will have a stronger company better able to support our customers and drive economic. Analyst Report: Huntington Bancshares Incorporated. 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. 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. 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. Shareholder Alert: Ademi LLP Investigates whether TCF Financial … 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. Keefe, Bruyette & Woods, a Stifel Company, is serving as financial advisor to TCF. Timing and Approvals All forward-looking statements speak only as of the date they are made and are based on information available at that time. 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 . 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. The Huntington National Bank, Columbus, Ohio, Assumes All of the Deposits of Fidelity Bank, Dearborn, Michigan. Columbus will remain the headquarters for the holding company and the Consumer Bank. Copies of the joint proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to Huntington Investor Relations, Huntington Bancshares Incorporated, Huntington Center, HC0935, 41 South High Street, Columbus, Ohio 43287, (800) 576-5007 or to TCF Investor Relations, TCF Financial Corporation, 333 W. Fort Street, Suite 1800, Detroit, Michigan 48226, (866) 258-1807. Columbus will remain the headquarters for the holding company and the Consumer Bank. PNC Reports Full Year 2020 Net Income Of $7.6 Billion, $16.96 Diluted EPS. 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. You are now leaving the huntington-ir.com site and being redirected to the website of . 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. 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. View more. Goldman Sachs & Co. LLC is serving as financial advisor to Huntington. SAG-AFTRA and Exactuals Direct Deposit Initiative Hits Major Milestone: 1 Million Payments; October 05, 2020. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Huntington. ALERT: Halper Sadeh LLP Investigates INFO, WDR, CKH, PS, … Advanced Search. Huntington Bancshares and TCF Financial Corporation Announce Merger To Create Top 10 U.S. You are now leaving the huntington-ir.com site and being redirected to the website of . Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Filters Filter Clear all. AFS announced today that The Huntington National Bank, a subsidiary of Huntington Bancshares Incorporated, has signed on to convert to AFSVision. IMPORTANT ADDITIONAL INFORMATION About Huntington Category. Slides will be available in the Investor Relations section of Huntington’s website. Gary Torgow will serve as chairman of the bank’s board of directors. October 29, 2020. “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. 30 March 2016. TCF also conducts business across all 50 states and Canada through its specialty lending and leasing businesses. Category. Clear search Submit search. PR Newswire. 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. 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 … TCF has approximately 475 branches primarily located in Michigan, Illinois and Minnesota with additional locations in Colorado, Ohio, South Dakota and Wisconsin. 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. Steve Steinour, Huntington chairman, president and CEO, said in a press release the 2020 Community Plan was created with input from the communities. Strategic and Financial Benefits of the Proposed Merger. The proposed transaction involving Huntington and TCF will be submitted to TCF’s shareholders and Huntington’s shareholders for their consideration. Huntington assumes no responsibility for, nor does it control, endorse or guarantee any aspect of, your use of this linked site. COLUMBUS, Ohio and DETROIT, December 13, 2020-- Huntington Bancshares … Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials filed with the SEC. Such statements are subject to numerous assumptions, risks, and uncertainties. Search Search Headlines Only. All rights reserved. CAUTION REGARDING FORWARD-LOOKING STATEMENTS 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.. Shortly after 10 … Get News Alerts by Email. Read the latest statements and press releases from HSBC Holdings plc and announcements about our key campaigns. 2021. 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