01—Abstract
Summary
Summary of the 8-K filed March 30, 2026. Cited figures are marked; the original filing is the authoritative source.
Huntington Bancshares Incorporated, a $279 billiona asset regional bank holding company headquartered in Columbus, Ohio, filed a Form 8-K on March 30, 2026 under Item 8.01 (Other Events) to announce quarterly cash dividends on two of its non-cumulative perpetual preferred stock series.
The filing is routine in nature and does not report earnings, financial results, or changes to Huntington's common stock dividend or operations. The Board of Directors declared a quarterly cash dividend on the 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share, equivalent to $0.35625b per depositary share, payable June 1, 2026, to shareholders of record on May 15, 2026. The Board also declared a quarterly cash dividend on the 5.50% Series L Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANZ) of $343.75 per share, equivalent to $0.34375 per depositary share, payable May 20, 2026, to shareholders of record on April 30, 2026.
The announcement is detailed in Exhibit 99.1, a news release dated March 30, 2026. Because these are non-cumulative preferred instruments, each dividend is payable only if declared by the Board, so investors should view these distributions as Board-dependent rather than guaranteed.
02—Key points
Key Highlights
- Board declared a quarterly cash dividend of $356.25 per share ($0.35625 per depositary share) on the 5.70% Series I Non-Cumulative Perpetual Preferred Stock (HBANM), payable June 1, 2026, to holders of record on May 15, 2026.
- Board declared a quarterly cash dividend of $343.75 per share ($0.34375 per depositary share) on the 5.50% Series L Non-Cumulative Perpetual Preferred Stock (HBANZ), payable May 20, 2026, to holders of record on April 30, 2026.
- The filing is limited to Item 8.01 (Other Events) and Item 9.01 (Exhibits); it does not report earnings or financial results.
- The dividend announcements are furnished in Exhibit 99.1, a news release dated March 30, 2026.
- Huntington describes itself as a $279 billion asset regional bank holding company headquartered in Columbus, Ohio, with nearly 1,400 branches in 21 states.
- The preferred stock dividends are non-cumulative, meaning they are payable only when declared by the Board of Directors.
03—Questions
Frequently Asked Questions
Does this filing include Huntington's quarterly earnings or financial results?
No. The 8-K reports only Item 8.01 (Other Events) and Item 9.01 (Exhibits), announcing preferred stock dividend declarations. It does not present earnings, net income, or other financial results.
What dividends did Huntington declare in this filing?
Huntington declared a $356.25 per share quarterly dividend on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock (HBANM), equal to $0.35625 per depositary share, and a $343.75 per share quarterly dividend on its 5.50% Series L Non-Cumulative Perpetual Preferred Stock (HBANZ), equal to $0.34375 per depositary share.
When are the dividends payable and who is eligible to receive them?
The Series I dividend is payable June 1, 2026, to shareholders of record on May 15, 2026. The Series L dividend is payable May 20, 2026, to shareholders of record on April 30, 2026.
Are these preferred dividends guaranteed?
The filing describes the stock as non-cumulative. Under that structure, dividends are paid only if the Board of Directors declares them, and unpaid dividends do not accumulate for later payment. The filing does not state any additional conditions.
Where can investors find more details about these announcements?
The filing references Exhibit 99.1, a news release of Huntington Bancshares Incorporated dated March 30, 2026, which contains the dividend announcement and the company's boilerplate description.
04—Continue