Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial and consumer financial products and services. It offers a range of deposit products, including checking accounts, savings accounts, interest bearing and non-interest bearing demand deposits, time deposits, money market deposits, and certificates of deposit. The company’s lending portfolio comprises home equity loans and lines of credit, first mortgage loans, direct installment loans, small business loans, automobile loans and leases, residential mortgage loans, commercial and industrial loans and leases, and commercial real estate loans. It also offers mortgage banking services, automobile financing, equipment leasing, investment management, trust services, and brokerage services. In addition, the company provides reinsurance of private mortgage insurance, and credit life and disability insurance services; retail and commercial insurance-agency services; and other insurance and financial products and services. Further, Huntington Bancshares provides Internet banking and telephone banking services. As of December 31, 2007, it operated approximately 600 branches and approximately 1,400 automated teller machines in Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The company was founded in 1866 and is headquartered in Columbus, Ohio.
Analysts'
Recommendation: | Hold |
| Analysts' Targets |
| Citigroup | $7 |
| Hold |
Wednesday, June 25, 2008
|
| Keefe Bruyette & Woods | $7 |
| Hold/Mkt Performer |
Friday, June 20, 2008
|
| Lehman Brothers | $15 |
| Underweight |
| Friday, January 11, 2008 |
$6.04 (06/29/08)
