On the Record · Huntington Bancshares
Huntington Bancshares acquisitions, on the record
The businesses Huntington Bancshares bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
RPS businessWord for word“In March 2023, Huntington completed the sale of the RPS business and entered into an ongoing partnership with the purchaser.” 10-K for 2023 | agreed divestiture | In March 2023 | — |
Capstone PartnersWord for word“In June 2022, Huntington completed the acquisition of Capstone Partners, a top tier middle market investment bank and advisory firm.” 10-K for 2023 | acquisition | In June 2022 | — |
Torana, now known as Huntington ChoicePayWord for word“In May 2022, Huntington completed the acquisition of Torana, now known as Huntington ChoicePay, a digital payments business focused on business to consumer payments.” 10-K for 2023 | acquisition | In May 2022 | — |
TCF Financial CorporationWord for word“In June 2021, Huntington closed the acquisition of TCF Financial Corporation.” 10-K for 2023 | acquisition | In June 2021 | — |
Digital Payments Torana, Inc., now known as Huntington ChoicePayWord for word“In May 2022, Huntington completed the acquisition of Digital Payments Torana, Inc., now known as Huntington ChoicePay, a digital payments business focused on business to consumer payments.” 10-K for 2024 | acquisition | May 2022 | — |
Veritex Holdings, Inc.Word for word“The transaction, which was valued at $1.7 billion, added $12.0 billion in assets, including $9.3 billion in loans, and $10.5 billion in deposits, as of the date of acquisition.” 10-K for 2025 | acquisition | — | $1.7 billion |
Cadence BankWord for word“Based on Huntington’s closing price of $17.48 as of January 30, 2026, the consideration is valued at approximately $8.1 billion.” 10-K for 2025 | acquisition | — | approximately $8.1 billion |
a portion of our trust and custody businessWord for word“Noninterest income was $2.2 billion, an increase of $135 million, or 7%, from the prior year, driven by a $24 million gain on the sale of a portion of our trust and custody business and increases in customer deposit and loan fees, wealth and asset management revenue, payments and cash management revenue, and capital markets and advisory fees, partially offset by an increase in net losses on sales of securities.” 10-K for 2025 | divestiture | — | $24 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $133 million | $1.32 billion |
| 2017-12-31 | $0 | — |
| 2018-12-31 | $15 million | $1 million |
| 2019-12-31 | $0 | $0 |
| 2020-12-31 | $0 | $0 |
| 2021-12-31 | — | $3.36 billion |
| 2022-12-31 | $223 million | $222 million |
| 2023-12-31 | $0 | — |
| 2024-12-31 | $0 | — |
| 2025-12-31 | — | $450 million |
Deal filings since 2016
- 2026-02-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-10-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Huntington Bancshares’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.