Huntington Shares Surge: Argent's Acquisition Drives 2% Gain

Friday, Jun 6, 2025 12:30 pm ET1min read
HBAN--
Huntington Bancshares Incorporated rose 2.00% intraday, with the company announcing that Argent Institutional Trust Company has entered into a definitive agreement to acquire the corporate trust and institutional custody business of The HuntingtonHBAN-- National BankNBHC--. This strategic acquisition will significantly expand AITC's institutional trust footprint, deepening its capabilities and strengthening its position as a national leader in corporate trust and custody services.

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