Huntington Bancshares Incorporated Increases Its Prime Rate To 4.75 Percent
|Analysts: Tim Sedabres
|Media: Allison Gabrys
COLUMBUS, Ohio, June 15, 2022 -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is increasing from 4 percent to 4.75 percent, effective June 16, 2022.
The rate was last changed on May 5, 2022, when Huntington increased its prime rate from 3.5 percent to 4 percent.
Huntington Bancshares Incorporated is a $177 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 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.