Bret Jensen submits:
Huntington Banchshares ( HBAN ) : Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial and consumer banking services. It offers deposit products, including checking accounts, savings accounts, interest bearing and non-interest bearing demand deposits, time deposits, money market deposits and brokered deposits and negotiable certificate of deposits. The company’s loan portfolio comprises home equity loans and lines of credit, first mortgage loans, direct installment loans, small business loans, automobile loans and leases, residential mortgage loans, commercial and industrial loans and leases and commercial real estate loans.
Overview : This midwestern regional lender had a near death experience back in the depth of the financial crisis. The stock, which sold in the 20s prior to the mortgage meltdown, got down to as low as $1 as its ill timed purchase of Sky Financial in June 2007 contributed heavily to its near demise. It has recovered nicely since Complete Story ยป
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