Huntington Bancshares closed its merger with TCF Financial. The combined company has approximately $175 billion in assets, $142 billion in deposits and $116 billion in loans based on March 31, 2021, balances. read more
The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency approved the proposed merger of Huntington Bancshares and TCF and of Huntington National Bank and TCF National Bank. read more
MAY 26, 2021 - 6:16 am
string(13) "James Jackson"
string(59) "Co-CEO & Leader of Merger and Acquisition Advisory Practice"
string(14) "The Alta Group"
M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more
Huntington Bancshares, the parent company of Huntington National Bank, and TCF Financial, the parent company of TCF National Bank, signed an agreement under which the companies will combine in an all-stock merger with a total market value of approximately $22 billion. read more
Associated Banc-Corp’s subsidiary, Associated Bank, closed its previously announced acquisition of the Wisconsin branch banking operations of The Huntington National Bank, a subsidiary of Huntington Bancshares. read more
Huntington Bancshares reported 2017 full-year net income was a record $1.19 billion, an increase of 67% from $712 million the prior year. Results included a tax benefit of $123 million related to the Tax Act. read more
Huntington Bancshares and FirstMerit signed a definitive merger agreement under which FirstMerit will merge into Huntington in a stock and cash transaction estimated to be worth $3.4 billion. read more
Generally speaking, cross-collateralization is a fairly straightforward concept to people active in commercial finance. The idea is that any collateral pledged to a lender by its customer (referred to in this article as a debtor) secures every single obligation of... read more
From an operations standpoint, disruption evokes an air of anxiety and panic. What we’ve all experienced the last year and a half has made critical infrastructure break down as society and the equipment finance industry has coped with a rapidly... read more