Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 250

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part II, Item 8
Chunk 250
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 $56,809 Commercial real estate10,698 11,078 Lease financing5,516 5,454 Total commercial loan and lease portfolio76,937 73,341 Consumer loan portfolio:Residential mortgage24,527 24,242 Automobile15,382 14,564 Home equity10,221 10,142 RV and marine5,907 5,982 Other consumer1,986 1,771 Total consumer loan portfolio58,023 56,701 Total loans and leases (1)(2)134,960 130,042 Allowance for loan and lease losses(2,331)(2,244)Net loans and leases$132,629 $127,798 (1)Loans and leases are reported at principal amount outstanding, including unamortized purchase premiums and discounts, unearned income, and net direct fees and costs associated with originating and acquiring loans and leases. The aggregate amount of these loan and lease adjustments was a net discount of $503 million and $468 million at June 30, 2025 and December 31, 2024, respectively. (2)The total amount of accrued interest recorded for loans and leases at June 30, 2025 was $316 million and $245 million of commercial and consumer loan and lease portfolios, respectively, and at December 31, 2024 was $316 million and $235 million of commercial and consumer loan and lease portfolios, respectively. Accrued interest is presented in accrued income and other receivables within the Unaudited Consolidated Balance Sheets. Lease FinancingThe following table presents net investments in lease financing receivables by category.(dollar amounts in millions)At June 30, 2025At December 31, 2024Lease payments receivable$5,215 $5,189 Estimated residual value of leased assets954 884 Gross investment in lease financing receivables6,169 6,073 Deferred origination costs54 56 Deferred fees, unearned income, and other(707)(675)Total lease financing receivables$5,516 $5,454 The carrying value of residual values guaranteed was $476 million and $517 million as of June 30, 2025 and December 31, 2024, respectively. The future lease rental payments due from customers on direct financing leases at June 30, 2025 totaled $5.2