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Huntington Bancshares 8-K Report, Corporate Update (Dec 10, 2024)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed December 10, 2024
Period End
December 10, 2024
In the record · 2016–202610-K1110-Q338-K254

HBAN filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 254 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Aug ’16Aug ’16
  2. Leadership change8-K · May ’22May ’22
  3. Leadership change8-K · Sep ’26Sep ’26

01—Abstract

Summary

Summary of the 8-K filed December 10, 2024. Cited figures are marked; the original filing is the authoritative source.

Huntington Bancshares Incorporated filed this Form 8-K on December 10, 2024, under Item 8.01 (Other Events) to report that its Board of Directors declared and set aside a quarterly cash dividend on its 5.70%a Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM).

The dividend is $356.25 per share, equivalent to $0.35625b per depositary share, payable March 3, 2025, to shareholders of record on February 15, 2025. The filing is a routine preferred stock dividend announcement with no reported financial results, balance sheet data, or changes to operations. The accompanying Exhibit 99.1 is a news release dated December 10, 2024, announcing the same dividend.

That release describes Huntington as a $201 billionc asset regional bank holding company headquartered in Columbus, Ohio, operating 975 branches in 12 states. For investors, the key takeaway is the scheduled income distribution on the HBANM preferred shares. Because the preferred stock is non-cumulative, the filing's terms indicate that the dividend is declared at the Board's discretion for each quarter.

02—Key points

Key Highlights

  1. Board declared a quarterly cash dividend on the 5.70% Series I Non-Cumulative Perpetual Preferred Stock (HBANM) of $356.25 per share.
  2. Per depositary share, the dividend equals $0.35625 (each depositary share represents a 1/1000th interest in a preferred share).
  3. Dividend is payable March 3, 2025, to shareholders of record on February 15, 2025.
  4. The filing reports no financial results or earnings figures for the period.
  5. Exhibit 99.1 is a December 10, 2024 news release announcing the dividend and describing Huntington as a $201 billion asset regional bank holding company.
  6. Huntington operates 975 branches across 12 states, per the accompanying news release.

03—Questions

Frequently Asked Questions

  1. What dividend did Huntington declare in this filing?

    The Board of Directors declared and set aside a quarterly cash dividend of $356.25 per share on the 5.70% Series I Non-Cumulative Perpetual Preferred Stock, equivalent to $0.35625 per depositary share.

  2. When will the dividend be paid and who is eligible to receive it?

    The dividend is payable March 3, 2025, to shareholders of record on February 15, 2025.

  3. Which securities are affected by this dividend?

    The dividend applies to the 5.70% Series I Non-Cumulative Perpetual Preferred Stock, traded on Nasdaq under the symbol HBANM, with each depositary share representing a 1/1000th interest in a preferred share.

  4. Does this filing report Huntington's financial results?

    No. The filing is limited to Item 8.01 (Other Events) and the dividend declaration. It does not include earnings, revenue, or balance sheet figures.

  5. What is the size of Huntington according to the accompanying news release?

    The news release describes Huntington as a $201 billion asset regional bank holding company headquartered in Columbus, Ohio, with 975 branches in 12 states.

04—Continue

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