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Acquisitions

Huntington Bancshares Acquisitions

3

Major Deals Covered

$9.5B

Disclosed Deal Value

What are Huntington Bancshares's biggest acquisitions?

Huntington Bancshares's largest disclosed acquisition here is Capstone Partners for $140 in 2022. This page covers 3 major deals from 2016 to 2022, each with its price where disclosed and the reason behind it.

Major deals covered
3
Largest deal
Capstone Partners ($140)
First deal
2016
Most recent
2022
CompanyYearPricePurpose
TCF Financial Corporation2021$6.0B—
FirstMerit Corporation2016$3.4B—
Capstone Partners2022$140.0M—
What companies has Huntington Bancshares bought?
Major acquisitions by Huntington Bancshares documented here include Capstone Partners (2022), TCF Financial Corporation (2021) and FirstMerit Corporation (2016).
What is Huntington Bancshares's most recent acquisition?
The most recent Huntington Bancshares acquisition documented here is Capstone Partners, in 2022, for $140.

Capstone Partners

2022

$140M

Outcome

Expanded advisory capabilities in middle-market mergers and acquisitions, debt capital markets, and corporate restructuring.

TCF Financial Corporation

2021

$6.0B

Outcome

Added $48 billion in assets and 475 branches, expanding Huntington's reach into Minneapolis-St. Paul, Denver, and Chicago.

FirstMerit Corporation

2016

$3.4B

Outcome

Enhanced Midwest branch density and added roughly $25 billion in high-quality commercial and retail assets.

Huntington Bancshares's Growth & Acquisition Strategy

Huntington's strategic roadmap focuses on capturing market share in expanded markets like Minneapolis-St. Paul and Denver, expanding national specialized lending verticals, scaling fee income from middle-market M&A advisory, and deepening digital wallet engagement among its 4 million+ consumer and business banking customers.

How Huntington Bancshares Makes Money

Huntington operates a comprehensive relationship-based financial services business model designed to generate durable net interest margins and steady non-interest fee income. It generates net interest income by gathering retail, business, and municipal deposits across its 1,000+ branch footprint and deploying them into middle-market commercial loans, indirect auto financing, commercial real estate, equipment leases, and residential mortgages. Complementing interest income, Huntington generates substantial fee revenue through commercial treasury management, equipment lease financing, wealth advisory and trust administration, card payment solutions, and investment banking advisory via Capstone Partners.

Huntington Bancshares Acquisitions FAQ

Does Huntington Bancshares acquire other companies?

Yes, Huntington Bancshares executes targeted acquisitions to integrate complementary technologies, expand intellectual property, and enter new market verticals.

What is Huntington Bancshares's acquisition strategy?

Huntington Bancshares focuses on bolt-on acquisitions that can be rapidly integrated into its core technology architecture and commercial distribution channels.

How does Huntington Bancshares fund its acquisitions?

Acquisitions are typically funded through cash from operations, revolving credit facilities, and strategic equity considerations.

What was one of Huntington Bancshares's notable acquisitions?

Huntington Bancshares has acquired specialized technology assets that enhance its core platform capabilities and expand its addressable customer base.

How does Huntington Bancshares handle post-merger integration?

By migrating acquired codebases into its unified cloud infrastructure and retaining key engineering talent within specialized innovation pods.

Are acquisitions a primary or secondary growth driver?

Inorganic growth is secondary to robust organic product development, serving as a tactical accelerator for specific strategic capabilities.

Related M&A Histories

Compare corporate acquisition records, deal values, and strategic targets

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.