Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 5

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 — (33)(2)(35)(35)Other12 76 (1)2 (18)(16)Balance, end of period$2,731 1,466,298 $15 $15,537 (6,908)$(87)$(2,071)$6,123 $22,248 $38 $22,286 Nine months ended September 30, 2024Balance, beginning of period$2,394 1,455,723 $15 $15,389 (7,403)$(91)$(2,676)$4,322 $19,353 $45 $19,398 Net income1,410 1,410 16 1,426 Other comprehensive income, net of tax572 572 572 Cash dividends declared:Common ($0.465 per share)(687)(687)(687)Preferred(107)(107)(107)Recognition of the fair value of share-based compensation81 81 81 Other share-based compensation activity4,263 — (15)(3)(18)(18)Other— 229 2 2 (15)(13)Balance, end of period$2,394 1,459,986 $15 $15,455 (7,174)$(89)$(2,104)$4,935 $20,606 $46 $20,652 

See Notes to Unaudited Consolidated Financial Statements

2025 3Q Form 10-Q     43

Huntington Bancshares Incorporated

Consolidated Statements of Cash Flows (Unaudited)

 Nine Months Ended(dollar amounts in millions)September 30, 2025September 30, 2024Operating activitiesNet income$1,706 $1,426 Adjustments to reconcile net income to net cash provided by operating activities:Provision for credit losses340 313 Depreciation, amortization, and accretion572 492 Share-based compensation expense84 81 Deferred income tax benefit(267)(55)Net gains (losses) on sales of securities58 — Gain from early extinguishment of debt(11)(8)Net change in:Trading account securities(28)(347)Loans held for sale(182)(199)Other assets(427)(636)Short-term borrowings48 390 Other liabilities(264)(751)Other