Steve Steinour

Steve Steinour has served as Chairman, President, and CEO of Huntington Bancshares since 2009, transforming a troubled Midwest regional bank (which had significant losses during the financial crisis) into one of the top-15 U.S. banks by assets. The transformational event was the 2021 merger with TCF Financial Corporation, which approximately doubled Huntington's size and expanded its footprint across the upper Midwest (Minnesota, Colorado, Wisconsin, Illinois). Huntington has built distinctive competitive positions in several niches: #1 national SBA (Small Business Administration) lender (providing government-guaranteed small business loans), a leading auto dealer floor plan lender (financing dealer inventories), and a top commercial banking provider across the Midwest. The bank's "customer-first" culture has been credited with driving above-average deposit growth and customer retention. The bank operates primarily in economically stable Midwest markets — Ohio, Michigan, Pennsylvania, Indiana, Illinois, Minnesota — where competitive intensity from money-center banks is lower than in coastal markets. Huntington has invested in digital banking capabilities and acquired Torana (a fintech providing digital lending infrastructure). Key stock drivers include net interest margin, loan growth (particularly commercial and auto), credit quality trends, deposit costs and competition, fee income growth, TCF integration benefits, and the overall health of the Midwest economy.