David Porteous - Huntington Bancshares Lead Independent Director
Director
Mr. David L. Porteous is Lead Independent Director of Huntington Bancshares Inc. He is Attorney, McCurdy, Wotila Porteous, P.C. and Lead Director, Huntington. Mr. Porteous has practiced law for more than 38 years with a focus on corporate and municipal law and government relations. He was a partner with McCurdy, Wotila Porteous, P.C. since 2008, and prior to joining that firm he managed his own law practice for more than 20 years. Mr. Porteous is a recognized authority on economic development and has served on the boards of directors of the Michigan Economic Development Corporation, the Michigan Economic Growth Authority, where he was chairman of the executive committee, the Michigan Strategic Fund, where he was chairman, and the Michigan Chamber of Commerce. Mr. Porteous is a former director of the Federal Home Loan Bank of Indianapolis where he also chaired the audit committee. He also was on the board of trustees of Michigan State University for more than eight years and was chairman of the board from 2003 to 2006 and was a member of its finance and audit committees. He is also on the board of the Michigan State University College of Law and serves on its executive committee. Mr. Porteous served as a director of Jackson National Life Insurance of New York from 2002 to 2016, where he has served as a member of the audit, risk and compensation committees. Mr. Porteous has also served as a director of The Huntington National Bank since 2004. Mr. Porteous regularly lectures on corporate governance and was one of three finalists for the New York Stock Exchange 2015 Independent Lead Director of the Year award since 2007.
| Age | 65 |
| Tenure | 17 years |
| Phone | 614 480 2265 |
| Web | http://www.huntington.com |
Huntington Bancshares Management Efficiency
The company has return on total asset (ROA) of 0.77 % which means that it generated a profit of $0.77 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 6.92 %, meaning that it generated $6.92 on every $100 dollars invested by stockholders. Huntington Bancshares' management efficiency ratios could be used to measure how well Huntington Bancshares manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 7.91 B in total debt. Debt can assist Huntington Bancshares until it has trouble settling it off, either with new capital or with free cash flow. So, Huntington Bancshares' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Huntington Bancshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Huntington to invest in growth at high rates of return. When we think about Huntington Bancshares' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Winston Churchill | Amkor Technology | 77 | |
| Frank Lin | 51Talk Online Education | 55 | |
| Douglas Alexander | Amkor Technology | 56 | |
| James Zug | Amkor Technology | 75 | |
| Mary McCourt | Amkor Technology | 56 | |
| Xing Liu | 51Talk Online Education | 47 | |
| Daniel Liao | Amkor Technology | N/A | |
| David Watson | Amkor Technology | 58 | |
| John Osborne | Amkor Technology | 71 | |
| Xiaoguang Wu | 51Talk Online Education | 45 | |
| Wei Li | 51Talk Online Education | 41 | |
| Greg Johnson | Amkor Technology | N/A | |
| Conor Yang | 51Talk Online Education | 56 | |
| Ben Allanson | Stagwell | N/A | |
| Roger Carolin | Amkor Technology | 62 | |
| Robert Morse | Amkor Technology | 62 | |
Management Performance
| Return On Equity | 6.92 | |||
| Return On Asset | 0.77 |
Huntington Bancshares Leadership Team
Elected by the shareholders, the Huntington Bancshares' board of directors comprises two types of representatives: Huntington Bancshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Huntington. The board's role is to monitor Huntington Bancshares' management team and ensure that shareholders' interests are well served. Huntington Bancshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Huntington Bancshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Anderson, Executive Vice President Controller | ||
| Ann Crane, Independent Director | ||
| Andrew Harmening, Executive Vice President Consumer and Business banking Director | ||
| John Gerlach, Independent Director | ||
| Helga Houston, Senior Executive Vice President Chief Risk Officer | ||
| Nancy Maloney, Executive Vice President Controller | ||
| Richard Neu, Independent Director | ||
| Daniel Neumeyer, Senior Executive Vice President Chief Credit Officer of The Huntington National Bank | ||
| Sandra Pierce, Senior Executive Vice President Private Client Group & Regional Banking Director, and Chair of Michigan | ||
| Michael Endres, Director | ||
| Richard Cheap, General Counsel, Secretary; EVP, General Counsel, Secretary, Cashier of The Huntington National Bank | ||
| Richard Remiker, Senior Executive Vice President - Commercial Banking for The Huntington National Bank | ||
| Howell McCullough, CFO, Senior Executive Vice President | ||
| Kenneth Phelan, Director | ||
| Julie Tutkovics, Executive Vice President Chief Communications, Marketing Director | ||
| Lizabeth Ardisana, Director | ||
| Eddie Munson, Independent Director | ||
| Stephen Steinour, Chairman of the Board and Presidentident, CEO of the Company and The Huntington National Bank | ||
| Rajeev Syal, Chief Human Resource Officer, Senior Executive Vice President | ||
| Barbara Benham, Executive Vice President and Director - Corporate Communications and Government Relation | ||
| Richard Pohle, Chief Credit Officer | ||
| Mary Navarro, Senior Executive Vice President of The Huntington National Bank | ||
| Steven Elliott, Independent Director | ||
| John Inglis, Director | ||
| Gina France, Director | ||
| Robert Cubbin, Director | ||
| Paul Heller, Chief Technology and Operations Officer and Senior Executive Vice President | ||
| Nicholas Stanutz, Senior Executive Vice President; Director - Auto Finance and Dealer Services of The Huntington National Bank | ||
| Jonathan Levy, Independent Director | ||
| Michael Hochschwender, Director | ||
| James Dunlap, Senior Executive Vice President - Wealth, Government & Home Lending Group Director of The Huntington National | ||
| Jana Litsey, Senior Executive Vice President General Counsel, Secretary | ||
| Kathleen Ransier, Independent Director | ||
| David Porteous, Lead Independent Director | ||
| Mark Thompson, Senior Executive Vice President | ||
| Peter Kight, Independent Director |
Huntington Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Huntington Bancshares a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 6.92 | |||
| Return On Asset | 0.77 | |||
| Profit Margin | 24.20 % | |||
| Operating Margin | 36.64 % | |||
| Current Valuation | 32.89 B | |||
| Shares Outstanding | 1.09 B | |||
| Shares Owned By Institutions | 23.46 % | |||
| Number Of Shares Shorted | 12.93 K | |||
| Price To Earning | 21.97 X | |||
| Price To Book | 2.34 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Huntington Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Huntington Bancshares' short interest history, or implied volatility extrapolated from Huntington Bancshares options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Huntington Stock
If you are still planning to invest in Huntington Bancshares check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Huntington Bancshares' history and understand the potential risks before investing.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |