Six Regional Banks Payback TARP

The Treasury announced that six financial institutions repayed TARP funds, delivering $2.7 billion to taxpayers:

Huntington Bancshares (Nasdaq: HBAN): Repurchased all outstanding CPP preferred shares totaling $1.4 billion and paid accrued dividends totaling $7.2 million (Total Proceeds Today for Taxpayers: $1.4 billion)

First Horizon National Corporation (Memphis, TN) (NYSE: FHN): Repurchased all outstanding CPP preferred shares totaling $866.5 million and paid accrued dividends totaling $4.5 million (Total Proceeds Today for Taxpayers: $871.0 million)

Wintrust Financial Corporation (Lake Forest, IL) (Nasdaq: WTFC): Repurchased all outstanding CPP preferred shares totaling $250.0 million and paid accrued dividends totaling $1.3 million (Total Proceeds Today for Taxpayers: $251.3 million)

Susquehanna Bancshares, Inc. (Lititz, PA) (Nasdaq: SUSQ) Repurchased all remaining outstanding CPP preferred shares totaling $100.0 million and paid accrued dividends totaling $513,889 (Total Proceeds Today for Taxpayers: $100.5 million)

Heritage Financial Corporation (Olympia, WA): (Nasdaq: HFWA) Repurchased all outstanding CPP preferred shares totaling $24.0 million and paid accrued dividends totaling $123,333 (Total Proceeds Today for Taxpayers: $24.1 million)

The Bank of Kentucky Financial Corporation (Crestview Hills, KY) (Nasdaq: BKYF): Repurchased CPP preferred shares totaling $17.0 million and paid accrued dividends totaling $87,361 (Total Proceeds Today for Taxpayers: $17.1 million) Note: After this transaction, Treasury holds remaining outstanding Bank of Kentucky Financial Corporation CPP preferred shares totaling $17.0 million.

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