UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________________________________________________________________________________________________________
FORM 8-K

_______________________________________________________________________________________________________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 19, 2022

______________________________________________________________________________________________________________________________

 

Huntington Bancshares Incorporated

(Exact name of registrant as specified in its charter)

_______________________________________________________________________________________________________________________________

Maryland

1-34073

31-0724920

(State or other jurisdiction of

(Commission

(I.R.S. Employer

incorporation or organization)

File Number)

Identification No.)

Registrant's address: 41 South High Street, Columbus, Ohio 43287 Registrant’s telephone number, including area code: (614) 480-2265 Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

_______________________________________________________________________________________________________________________________
Securities registered pursuant to Section 12(b) of the Act:

 

Trading

Name of exchange on which registered

 

Title of class

Symbol(s)

 

 

 

Depositary Shares (each representing a 1/40th interest in a share of

HBANP

NASDAQ

 

4.500% Series H Non-Cumulative, perpetual preferred stock)

 

 

 

 

Depositary Shares (each representing a 1/100th interest in a share of

HBANM

NASDAQ

 

5.70% Series I Non-Cumulative, perpetual preferred stock)

 

 

 

 

Common Stock—Par Value $0.01 per Share

HBAN

NASDAQ

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§24012b-2).

Emerging growth company                    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 8.01 Other Events.

On January 21, 2022, Huntington Bancshares Incorporated ("Huntington") announced that the board of directors declared a quarterly cash dividend on the company’s common stock of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend was declared on January 19, 2022 and is payable April 1, 2022, to shareholders of record on March 18, 2022. In addition, the Board declared quarterly cash dividends on five series of its preferred stock. The Board declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $7.34785211 per share (equivalent to $0.1836963 per depositary receipt share). The Board declared a quarterly cash dividend on its 5.70% Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AL8) of $1,425.00 per share (equivalent to $14.25 per depositary receipt share). The Board declared a quarterly cash dividend on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1) of $1,406.25 per share (equivalent to $14.0625 per depositary share). The Board declared a quarterly cash dividend on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6) of $1,112.50 per share (equivalent to $11.1250 per depositary share). Finally, the Board declared a quarterly cash dividend on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP) of $ 11.25 per share (equivalent to $0.28125 per depositary share). All five preferred stock cash dividends are payable April 15, 2022, to their respective shareholders of record on April 1, 2022.

A copy of the press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

Exhibit 99.1 – News release of Huntington Bancshares Incorporated, dated January 21, 2022.

 

 

 

 

 

EXHIBIT INDEX

 

 

 

Exhibit No.

Description

 

 

 

 

Exhibit 99.1

 

News release of Huntington Bancshares Incorporated, dated January 21, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 104

 

Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL

 

 

 

 

 

document.

 

 

 

 

 

 

 

 

 

 


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: January 21, 2022

By:

/s/ Jana J. Litsey

 

 

 

 

Jana J. Litsey

General Counsel


Exhibit 99.1

 

 

 

FOR IMMEDIATE RELEASE
JANUARY 21, 2022

Analysts: Tim Sedabres (timothy.sedabres@huntington.com), 952.745.2766

Media: Allison Gabrys (corpmedia@huntington.com), 248.961.3978

 

HUNTINGTON BANCSHARES INCORPORATED DECLARES QUARTERLY CASH DIVIDENDS

ON ITS COMMON AND PREFERRED STOCKS

COLUMBUS, Ohio – Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company’s common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable April 1, 2022, to shareholders of record on March 18, 2022.

In addition, the Board declared quarterly cash dividends on five series of its preferred stock. The Board declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $7.34785211 per share (equivalent to $0.1836963 per depositary receipt share). The Board declared a quarterly cash dividend on its 5.70% Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AL8) of $1,425.00 per share (equivalent to $14.25 per depositary receipt share). The Board declared a quarterly cash dividend on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1) of $1,406.25 per share (equivalent to $14.0625 per depositary share). The Board declared a quarterly cash dividend on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6) of $1,112.50 per share (equivalent to $11.1250 per depositary share). Finally, the Board declared a quarterly cash dividend on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP) of $11.25 per share (equivalent to $0.28125 per depositary share). All five preferred stock cash dividends are payable April 15, 2022, to their respective shareholders of record on April 1, 2022.

About Huntington

Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $174 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,100 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

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