Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 48

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 48
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 10-K     125

Table of Contents

The carrying value of assets pledged as collateral against repurchase agreements totaled $224 million and $840 million as of December 31, 2024 and December 31, 2023, respectively. Assets pledged as collateral are reported in available-for-sale securities and held-to-maturity securities on the Consolidated Balance Sheets. The repurchase agreements have maturities within 60 days. No amounts have been offset against the agreements.Huntington’s long-term debt, which consists of borrowings with an initial maturity of greater than one year, is included in the following table. The interest rate disclosed represents the contractual rate as of the most recent period end. At December 31, (dollar amounts in millions)20242023The Parent Company:Senior Notes:2.63% Huntington Bancshares Incorporated senior notes due 2024$— $719 4.00% Huntington Bancshares Incorporated senior notes due 2025465 457 4.44% Huntington Bancshares Incorporated senior notes due 2028718 716 6.21% Huntington Bancshares Incorporated senior notes due 20291,237 1,266 2.55% Huntington Bancshares Incorporated senior notes due 2030685 692 5.27% Huntington Bancshares Incorporated senior notes due 20311,138 — 5.02% Huntington Bancshares Incorporated senior notes due 2033371 383 5.71% Huntington Bancshares Incorporated senior notes due 20351,222 — Subordinated Notes:Huntington Capital I Trust Preferred 5.55%  junior subordinated debentures due 2027 (1)70 69 Huntington Capital II Trust Preferred 5.25%  junior subordinated debentures due 2028 (2)32 32 Sky Financial Capital Trust III 5.99%  junior subordinated debentures due 2036 (3)72 72 Sky Financial Capital Trust IV 6.25%  junior subordinated debentures due 2036 (3)74 74 2.49% Huntington Bancshares Incorporated subordinated notes due 2036501 513 6.14% Huntington Bancshares Incorporated subordinated notes due 2039592 — Total notes issued by the Parent Company7,177 4,993 The Bank:Senior Notes:6.59% Huntington National Bank senior notes due 2025— 278 4