Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 287

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part II, Item 8
Chunk 287
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Commodities contracts685 23 21 683 29 27 Credit contracts160 3 — 247 2 — Total contracts$97,988 $502 $508 $95,461 $610 $668 The following table presents the amount of gain or loss recognized in income for derivatives not designated as hedging instruments under ASC Subtopic 815-10 in the Unaudited Consolidated Income Statement.Location of Gain or (Loss) Recognized in Income on DerivativeAmount of Gain or (Loss) Recognized in Income on DerivativeThree Months EndedNine Months Ended(dollar amounts in millions)September 30, 2025September 30, 2024September 30, 2025September 30, 2024Interest rate contracts:CustomerCapital markets and advisory fees$13 $17 $34 $28 Mortgage bankingMortgage banking income9 28 9 5 Foreign exchange contractsCapital markets and advisory fees13 11 37 33 Equity contractsOther noninterest income and other noninterest expense3 (13)4 (17)Commodities contractsCapital markets and advisory fees— 1 2 3 Credit contractsOther noninterest income(2)(6)(6)(14)Total$36 $38 $80 $38 Derivatives used in asset and liability management activitiesHuntington engages in balance sheet hedging activity, principally for asset and liability management purposes. Balance sheet hedging activity is generally arranged to receive hedge accounting treatment that can be classified as either fair value or cash flow hedges. Fair value hedges are executed to hedge changes in fair value of outstanding fixed-rate debt and investment securities caused by fluctuations in market interest rates. Cash flow hedges are executed to modify interest rate characteristics of designated commercial loans in order to reduce the impact of changes in future cash flows due to market interest rate changes. 

2025 3Q Form 10-Q     78

The following table presents the gross notional values of derivatives used in Huntington’s asset and liability management activities at September 30, 2025 and December 31, 2024, identified by the underlying interest rate-sensitive instruments.(dollar amounts in millions)Fair Value HedgesCash Flow HedgesEconomic HedgesTotalAt September 30, 2025Instruments associated with:Investment securities$5,287 $— $— $5,287 Lo