Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 61

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 2
Chunk 61
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 shareholders’ equity:Interest-bearing deposits:Demand deposits—interest-bearing$43,582 $205 1.91 %$38,488 $200 2.09 %$5,094 13 %Money market deposits60,213 458 3.08 51,310 481 3.77 8,903 17 Savings deposits14,866 7 0.20 15,625 2 0.04 (759)(5)Time deposits13,993 140 4.06 15,395 174 4.55 (1,402)(9)Total interest-bearing deposits132,654 810 2.48 120,818 857 2.85 11,836 10 Short-term borrowings1,439 14 3.87 1,300 19 5.95 139 11 Long-term debt16,901 239 5.68 13,777 217 6.30 3,124 23 Total interest-bearing liabilities150,994 1,063 2.86 135,895 1,093 3.23 15,099 11 Demand deposits—noninterest-bearing28,946 29,910 (964)(3)All other liabilities5,102 5,239 (137)(3)Total liabilities185,042 171,044 13,998 8 Total Huntington shareholders’ equity19,997 19,213 784 4 Non-controlling interest48 49 (1)(2)Total equity20,045 19,262 783 4 Total liabilities and equity$205,087 $190,306 $14,781 8 %Net interest rate spread2.53 2.31 Impact of noninterest-bearing funds on NIM0.57 0.70 NII/NIM (FTE)$1,441 3.10 %$1,300 3.01 %

(1)FTE yields are calculated assuming a 21% tax rate.

(2)Yield/rates include the impact of applicable derivatives. Loan and lease and deposit average yield/rates also include impact of applicable non-deferrable and amortized fees.

(3)For purposes of this analysis, NALs are reflected in the average balances of loans and leases.

2025 1Q Form 10-Q