Company: HBAN
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001193125-25-200581
Chunk: 8

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 424B2
Chunk 8
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 and risk management products and
services. Huntington operates approximately 970 branches in 13 states, with certain businesses operating in extended geographies. As of June 30, 2025, Huntington had consolidated total assets of approximately $208 billion, total loans and
leases of approximately $135 billion, total deposits of approximately $163 billion and total shareholders’ equity of approximately $21 billion.

Huntington’s common stock is traded on the NASDAQ under the symbol “HBAN.”

Huntington’s principal office is located at 41 South High Street, Columbus, Ohio 43287, and its telephone number at that location is
(614) 480-2265.

Pending Acquisition

On July 14, 2025, Huntington announced entry into a definitive merger agreement with Veritex Holdings, Inc. (“Veritex”), a
bank holding company headquartered in Dallas, Texas, whereby Veritex will merge with and into Huntington, with Huntington as the surviving entity. Under the terms of the agreement, Huntington will issue 1.95 shares of Huntington common stock for
each outstanding share of Veritex in a 100% stock transaction (the “Veritex Transaction”). The Veritex Transaction is expected to close in the fourth quarter of 2025, subject to satisfaction of closing conditions, including receipt of
customary required regulatory approvals and the approval of the definitive merger agreement by the Veritex stockholders.

S-1

SUMMARY OF THE OFFERING The following summary contains basic information about the Preferred Stock, the depositary shares, and this offering and is not intended to be complete. It does not contain all the information that you should consider before deciding whether to invest in the depositary shares. For a complete understanding of the Preferred Stock and the depositary shares, you should read the sections of this prospectus supplement entitled “Description of the Preferred Stock” and “Description of the Depositary Shares.”

| Issuer | Huntington Bancshares Incorporated, a Maryland corporation and a financial holding company. |

| Securities Offered | 750,000 depositary shares, each representing 1/100th ownership interest in a share of 6.250% Series K Non-Cumulative Perpetual Preferred Stock. Each holder of a depositary share will be entitled, through                                            
 the depositary, in proportion to the applicable fraction of a share of the Preferred Stock represented by such depositary share, to all the rights and preferences of the Preferred Stock represented thereby (including dividend, voting, redemption,