Huntington Bancshares Incorporated Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.875% Series J Non-Cumulative Perpetual Preferred Stock
HBANL · Nasdaq
HBANL · Nasdaq
Huntington Bancshares is a regional banking company that provides deposit-taking, lending, payment, wealth-management, and other financial services to consumers, businesses, and institutions. The supplied evidence does not provide a segment breakdown or the contribution of each business. For FY2025, Huntington reported $1.6 billion of revenue and $2.2 billion of net income, up from $1.5 billion and $1.9 billion, respectively, in FY2024. HBANL is not common equity: it represents a 1/40th interest in Huntington’s 6.875% Series J non-cumulative perpetual preferred stock, with a $1,000 per-share liquidation preference, equivalent to $25 per depositary share.
HBANL rose $0.14, or 0.56%, over the week, advancing from $25.02 to $25.16. The depositary shares traded in a tight range, slipping to $25.00 before recovering to $25.05 and $25.04 on July 30-31, then gaining on both August 3 and August 4. No company-specific announcement, earnings release, dividend update, or transaction was supplied to explain the move, and the evidence does not identify a broader market catalyst. Trading activity remained relatively light, with daily volume ranging from 13,062 to 19,945 shares during the reported week, versus 35,197 on July 31. The close finished modestly above the $25 liquidation preference indicated for each depositary share.