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What: 40th Annual Meeting of Huntington Bancshares, Inc.;
Will Mark Five- Year Anniversary of Bank's Transformation

 

Contact:
Jeri Grier-Ball
1-614-480-5413		 Maureen Brown
1-614-480-4588

 

  When: April 20, 2006, 2 p.m.
  Where: Riffe Center Capitol Theatre, Columbus, Ohio
  Who: Huntington Board of Directors and Chairman, President and Chief Executive Officer Thomas Hoaglin

 

Huntington Bancshares Inc. (HBAN) will mark the fifth year of a transformation under its management team at its April 20 Annual Meeting in Columbus.

 

Successes as of the end of 2005 include:

  • From the end of 2000, Huntington delivered a total average annual shareholder return of 11.9%, including the reinvestment of dividends. This is higher than the 7.2% total return for the S&P Bank Index.
  • By the end of 2005, Huntington's stock price was $23.75, and represented a 47% increase from $16.19 at the end of 2000, or an average annual increase of 8.0%.
  • Earnings per common share for 2005 were $1.77, compared to $0.54 in 2001, and return on equity was 16%, up from 5.8%.
  • Satisfaction among Huntington's customers grew 19% from 2001 to 2005.
  • Huntington's expense efficiency ratio improved from 79% in 2001 to 60% in 2005.
  • Trust services income has consistently increased and was 28% higher last year than in 2001.
  • Huntington adopted a business model that emphasized decision-making in local markets.
  • The bank won the 2005 Greenwich Business Banking award for overall customer satisfaction
  • Huntington's online site placed sixth for the nation as ranked by Keynote.

About Huntington

Huntington Bancshares Incorporated is a $36 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has more than 140 years of serving the financial needs of its customers. Huntington provides innovative retail and commercial financial products and services through more than 380 regional banking offices in Indiana, Kentucky, Michigan, Ohio, and West Virginia. Huntington also offers retail and commercial financial services online at huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of almost 1,000 ATMs. Selected financial service activities are also conducted in other states including: Dealer Sales offices in Arizona, Florida, Georgia, North Carolina, Pennsylvania, South Carolina, and Tennessee; Private Financial and Capital Markets Group offices in Florida; and Mortgage Banking offices in Maryland and New Jersey. International banking services are made available through the headquarters office in Columbus and an office located in the Cayman Islands and an office located in Hong Kong.

 

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