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, 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. The AP news staff was not involved in its creation. PARTICIPANTS IN THE SOLICITATION City National Bank Joins “Time To Vote” Initiative; October 23, 2020. 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. PR Newswire. 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. Fourth quarter net income was … About TCF Financial Corporation 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. To. Keywords Go. 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. Advanced Search. Get News Alerts by Email. 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 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. Visit huntington.com for more information. If you need to contact our media relations team, please visit the Media contacts page. Regional Bank, Randi Berris 2021. The Huntington National Bank is an Equal Housing Lender and Member FDIC. Keefe, Bruyette & Woods, a Stifel Company, is serving as financial advisor to TCF. The pro forma combined company will have approximately $168 billion in assets, $117 billion in loans, and $134 billion in deposits. 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. “This merger combines the best of both companies and provides the scale and resources to drive increased long-term shareholder value. Category. COLUMBUS, Ohio and DETROIT, December 13, 2020-- Huntington Bancshares … 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. Columbus will remain the headquarters for the holding company and the Consumer Bank. Huntington Welcome.SM is a service mark of Huntington Bancshares Incorporated. AKRON, Ohio — A man accused of robbing a Huntington Bank in Akron is wanted by the Akron Police Department, according to a news release. Search Search Headlines Only. All rights reserved. 248.608.5293. CAUTION REGARDING FORWARD-LOOKING STATEMENTS AFS announced today that The Huntington National Bank, a subsidiary of Huntington Bancshares Incorporated, has signed on to convert to AFSVision. Shortly after 10 … Steve Steinour, Huntington chairman, president and CEO, said in a press release the 2020 Community Plan was created with input from the communities. Close filter menu 1 to 20 of 158 results 1-20 of 158 results Clear filters. 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. TCF Financial Corporation (Nasdaq: TCF) is a Detroit, Michigan-based financial holding company with $48 billion in total assets at Sept. 30, 2020 and a top 10 deposit market share in the Midwest. Huntington assumes no responsibility for, nor does it control, endorse or guarantee any aspect of, your use of this linked site. Together we will have a stronger company better able to support our customers and drive economic growth in the communities we serve. How to get rid of cockroaches for a long 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. Clear search Submit search. Free copies of this document may be obtained as described in the preceding paragraph. Press Releases Latest Press Releases. City National Bank Donates $100,000 to Broadway Cares/Equity Fights AIDS ; October 06, 2020. Year. Published. Huntington also provides vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states. Slides will be available in the Investor Relations section of Huntington’s website. Published on Dec 14, 2020. “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. 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. All. 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. 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. Information regarding TCF’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 25, 2020, and other documents filed by TCF with the SEC. Earnings Press Release and Supplement Slide Presentation including Appendix (PDF) Huntington Bank 2019 ESG Report Highlights Commitment to Shareholders, Customers, Colleagues and … ALERT: Halper Sadeh LLP Investigates INFO, WDR, CKH, PS, … “We will be a top regional bank, with the scale to compete and the passion to serve. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, TCF will merge into Huntington, and the combined holding company and bank will operate under the Huntington name and brand following the closing of the transaction. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. You are now leaving the huntington-ir.com site and being redirected to the website of www.facebook.com. The combined organization will significantly improve Huntington’s market position, increase scale and provide greater revenue growth opportunities. 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. 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. From. ® and Huntington® are federally registered service marks of Huntington Bancshares Incorporated. Columbus will remain the headquarters for the holding company and the Consumer Bank. 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. Such statements are subject to numerous assumptions, risks, and uncertainties. News. Upon closing, Stephen D. Steinour will remain the chairman, president, and CEO of the holding company and CEO and president of the bank. 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. Currency in USD, Trade prices are not sourced from all markets. Strategic and Financial Benefits of the Proposed Merger. Huntington Bancshares and TCF Financial Corporation Announce Merger To Create Top 10 U.S. © 2019 Huntington Bancshares Incorporated. Gary Torgow will serve as chairman of the bank’s board of directors. 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. The Huntington National Bank, Columbus, Ohio, Assumes All of the Deposits of Fidelity Bank, Dearborn, Michigan. Board of Directors Press Releases, Presentations & Events Press Releases, Presentations & Events Corporate Press Releases ... and 1,330 ATMs across seven Midwestern states. About Huntington Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. IMPORTANT ADDITIONAL INFORMATION TCF also conducts business across all 50 states and Canada through its specialty lending and leasing businesses. Huntington Bank Launches Zelle® for Consumer Customers Person-to-person payment is the next step in Huntington's new digital banking experience … 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. Press Releases. Conference Call and Webcast Information Huntington expects the financially compelling transaction to be 18% accretive to earnings per share in 2022, assuming the fully phased-in transaction cost synergies. Together we will have a stronger company better able to support our customers and drive economic. For news and announcements and resources about Huntington, check out Huntington's media center. TCF has approximately 475 branches primarily located in Michigan, Illinois and Minnesota with additional locations in Colorado, Ohio, South Dakota and Wisconsin. 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.. Filter by. Date. 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. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Huntington. Huntington assumes no responsibility for, nor does it control, endorse or guarantee any aspect of, your use of this linked site. You are now leaving the huntington-ir.com site and being redirected to the website of . Regional Bank . Filters Filter Clear all. Read the latest statements and press releases from HSBC Holdings plc and announcements about our key campaigns. The common stock cash dividend is payable April 1, 2021, to shareholders of record on March 18, 2021. Simpson, Thacher & Bartlett LLP is serving as legal advisor to TCF. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. 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