Huntington National Bank 2010 Annual Report Download - page 9
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Mellon, his 23-year career with them makes him one of the most broadly experienced financial services
executives in the United States. Huntington is already benefitting enormously from his insights and advice.
Each of the last two years represented major milestones in positioning Huntington for long-term growth.
In 2009, we aggressively addressed our credit issues. Making the tough decisions then had not only set the
stage for much improved performance in 2010, but also as we head into 2011 and beyond. That was also the
year we began making significant investments in growing our business, which continue today. In 2010, we
addressed our capital issues, particularly our low relative level of common equity. From a quality of capital
perspective, we have never felt better.
We enter 2011 with pride in our accomplishments. But, we also know there are many opportunities to do
even better. We believe we have plans in place that will not only address the revenue challenges facing us, but
position us for better future performance. In 2010 we broke away from the pack in terms of improved credit
quality performance. Now we look forward to accelerating the improvement in financial performance. Our
investments to grow the business are becoming increasingly evident every month. We are moving forward to
our objective of becoming the premier bank of the Midwest. We believe 2011 is going to be the year
Huntington breaks away even further from our peers in financial performance and in delivering more
innovative and customer-friendly products and services to our customers.
Thank you for your continued support.
Stephen D. Steinour
Chairman, President, and Chief Executive Officer
March 7, 2011
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