Huntington New Business Volume Ranked in Top 50 on the Monitors 100 List of Top US...

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Thu Jul 31, 2008 2:27pm EDT

Huntington New Business Volume Ranked in Top 50 on the Monitors 100 List of
Top US Finance Leasing Companies

COLUMBUS, Ohio, July 31 /PRNewswire-FirstCall/ -- Huntington Equipment
Finance, a division of Huntington National Bank, was once again ranked among
the largest and fastest growing equipment finance companies in the United
States.
    The Monitor's analysis of 2007 showed that new business volume soared by
more than 60 percent in 2007 positioning Huntington in the 45th spot, compared
to 58 in 2006. Syndicated loan and fee income also rose for the Equipment
Finance division. The Monitor ranked Huntington 56th overall in the industry,
compared to 77th in 2001 when it re-entered the business. The rankings were
based on net investment in equipment related loans and leases as reported in
year-end 2007 data.
    According to Huntington Equipment Finance President, Robert Allanson, "Our
growth can be attributed to our strong sales teams, as well as the opportunity
that came with an expanded footprint following Huntington's acquisition of Sky
Financial Group last year. Traction with our newer businesses -- Machine Tool
Finance Group and Vendor Finance Group -- also continues to increase.
    "We are pleased that we continue to grow. However, what's most important,"
he said, "is that we are providing solutions that help our clients develop and
grow their businesses."
    Launched in 1974, the Monitor is the most widely read publication in the
equipment leasing and finance industry.
    About Huntington
    Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $55 billion
regional bank holding company headquartered in Columbus, Ohio. Huntington has
more than 142 years of serving the financial needs of its customers.
Huntington's banking subsidiary, The Huntington National Bank, provides
innovative retail and commercial financial products and services through over
600 regional banking offices in Indiana, Kentucky, Michigan, Ohio,
Pennsylvania, and West Virginia. Huntington also offers retail and commercial
financial services online at huntington.com; through its technologically
advanced, 24-hour telephone bank; and through its network of almost 1,400
ATMs. Selected financial service activities are also conducted in other states
including: Dealer Sales offices in Arizona, Florida, Nevada, New Jersey, New
York, Tennessee, and Texas; Private Financial and Capital Markets Group
offices in Florida; and Mortgage Banking offices in Maryland and New Jersey.
Huntington Insurance offers retail and commercial insurance agency services in
Ohio, Pennsylvania, Michigan, Indiana, and West Virginia. International
banking services are made available through the headquarters office in
Columbus, a limited purpose office located in the Cayman Islands, and another
located in Hong Kong.
SOURCE  Huntington Bancshares Incorporated

Analysts: Jay Gould, +1-614-480-4060, or Jack Pargeon, +1-614-480-3878; Media:
Jeri Grier, +1-614-480-5413, all of Huntington Bancshares Incorporated
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