Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY (Tables)

v3.20.2
SHAREHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2020
Class of Stock [Line Items]  
Schedule of Stock by Class [Table Text Block]
The following is a summary of Huntington’s non-cumulative, non-voting, perpetual preferred stock outstanding as of June 30, 2020.
(dollar amounts in millions)
 
 
 
 
 
 
Series
 
Issuance Date
 
Total Shares Outstanding
 
Carrying Amount
 
Dividend Rate
 
Earliest Redemption Date
Series B
 
12/28/2011
 
35,500

 
$
23

 
3-mo. LIBOR + 270 bps

 
1/15/2017
Series D
 
3/21/2016
 
400,000

 
386

 
6.25
%
 
4/15/2021
Series D
 
5/5/2016
 
200,000

 
199

 
6.25
%
 
4/15/2021
Series C
 
8/16/2016
 
100,000

 
100

 
5.875
%
 
1/15/2022
Series E
 
2/27/2018
 
5,000

 
495

 
5.700
%
 
4/15/2023
Series F
 
5/27/2020
 
5,000

 
494

 
5.625
%
 
7/15/2030
Total
 
 
 
745,500

 
$
1,697