Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 118

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 118
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rolling interest42 42 Total equity20,970 19,782 Total liabilities and equity$207,742 $204,230 Common shares authorized (par value of $0.01)2,250,000,000 2,250,000,000 Common shares outstanding1,458,800,042 1,453,635,809 Treasury shares outstanding6,972,708 6,984,102 Preferred stock, authorized shares6,617,808 6,617,808 Preferred shares outstanding877,500 877,500 

(1)Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $880 million, $246 million, $796 million, and $89 million, respectively, at June 30, 2025, and $1.1 billion, $264 million, $1.0 billion, $109 million, respectively, at December 31, 2024. See Note 15 - “Variable Interest Entities” for additional information. 

           See Notes to Unaudited Consolidated Financial Statements 

40     Huntington Bancshares Incorporated

Table of Contents

Huntington Bancshares IncorporatedConsolidated Statements of Income (Unaudited)Three Months EndedSix Months Ended(dollar amounts in millions, except per share data, share count in thousands)June 30, 2025June 30, 2024June 30, 2025June 30, 2024Interest and fee income:Loans and leases$1,971 $1,859 $3,876 $3,668 Available-for-sale securitiesTaxable278 322 565 618 Tax-exempt31 27 65 54 Held-to-maturity securities—taxable107 93 215 188 Other securities—taxable12 10 24 19 Other157 165 300 309 Total interest income2,556 2,476 5,045 4,856 Interest expense:Deposits822 907 1,632 1,764 Short-term borrowings13 19 27 38 Long-term debt254 238 493 455 Total interest expense1,089 1,164 2,152 2,257 Net interest income1,467 1,312 2,893 2,599 Provision for credit losses103 100 218