Huntington Bancshares Reports Preferred Stock Offerings
Ticker: HBANP · Form: 8-K · Filed: Apr 17, 2024 · CIK: 49196
| Field | Detail |
|---|---|
| Company | Huntington Bancshares Inc /Md/ (HBANP) |
| Form Type | 8-K |
| Filed Date | Apr 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: preferred-stock, capital-raising, disclosure
Related Tickers: HBAN
TL;DR
HBAN filed an 8-K on 4/17/24 detailing preferred stock issuances.
AI Summary
On April 17, 2024, Huntington Bancshares Inc. (HBAN) filed an 8-K to report on the results of its Series H, I, and J preferred stock offerings. The filing details the issuance of these preferred stocks, which are key components of the company's capital structure.
Why It Matters
This filing provides insight into Huntington Bancshares' capital raising activities, which can impact its financial stability and ability to lend.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of preferred stock offerings and does not indicate any immediate financial distress or significant negative events.
Key Players & Entities
- Huntington Bancshares Inc. (company) — Filer of the 8-K
- April 17, 2024 (date) — Date of report
- Series H Preferred Stock (security) — Subject of the filing
- Series I Preferred Stock (security) — Subject of the filing
- Series J Preferred Stock (security) — Subject of the filing
FAQ
What is the purpose of filing an 8-K regarding preferred stock offerings?
An 8-K filing is used to announce material events that shareholders should know about, including significant corporate actions like the issuance of preferred stock.
When did Huntington Bancshares report these preferred stock offerings?
Huntington Bancshares reported these preferred stock offerings on April 17, 2024.
What specific series of preferred stock are mentioned in the filing?
The filing mentions Series H, Series I, and Series J preferred stock.
Is this filing related to common stock?
While the filing also references common stock, the primary focus of the reported event is the issuance of Series H, I, and J preferred stock.
What is the SIC code for Huntington Bancshares Inc.?
The Standard Industrial Classification (SIC) code for Huntington Bancshares Inc. is 6021, which corresponds to NATIONAL COMMERCIAL BANKS.
Filing Stats: 624 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-04-17 09:00:24
Key Financial Figures
- $0.01 — k) HBANL NASDAQ Common Stock—Par Value $0.01 per Share HBAN NASDAQ Indicate by che
Filing Documents
- hban-20240417.htm (8-K) — 32KB
- a2024annualmeetingfinal.htm (EX-99.1) — 23KB
- a2024annualmeetingfinal001.jpg (GRAPHIC) — 70KB
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- a2024annualmeetingfinal018.jpg (GRAPHIC) — 74KB
- a2024annualmeetingfinal019.jpg (GRAPHIC) — 51KB
- hban-20240417_g1.jpg (GRAPHIC) — 10KB
- 0000049196-24-000030.txt ( ) — 3095KB
- hban-20240417.xsd (EX-101.SCH) — 3KB
- hban-20240417_def.xml (EX-101.DEF) — 19KB
- hban-20240417_lab.xml (EX-101.LAB) — 33KB
- hban-20240417_pre.xml (EX-101.PRE) — 19KB
- hban-20240417_htm.xml (XML) — 6KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Huntington Bancshares Incorporated ("Huntington") will be holding its annual meeting of shareholders on Wednesday, April 17, 2024. A copy of the slides forming the basis of the presentation at the meeting (the "Presentation") is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Presentation will also be available in the Investor Relations section of Huntington's web site at www.huntington.com. The Presentation is being furnished pursuant to Item 7.01, and the information contained therein shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that section. Furthermore, the information contained in Exhibit 99.1 shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. The exhibits referenced below shall be treated as "furnished" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. (d) Exhibits. Exhibit 99.1 – Presentation EXHIBIT INDEX Exhibit No. Description Exhibit 99.1 Exhibit 99.1 - Presentation Exhibit 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HUNTINGTON BANCSHARES INCORPORATED Date: April 17, 2024 By: /s/ Zachary Wasserman Zachary Wasserman Chief Financial Officer