Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 51

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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 & Regional Banking and Commercial Banking. All other items not included within our two business segments are reported within the Treasury / Other function, which primarily includes technology and operations and other unallocated assets, liabilities, revenue, and expense. For a description of our business segments, see Note 24 - “Segment Reporting” to the Consolidated Financial Statements appearing in Huntington’s 2024 Annual Report on Form 10-K. The following tables present certain operating basis financial information for each reportable business segment reconciled to Huntington’s consolidated financial results.Consumer & Regional BankingCommercial BankingTreasury / OtherHuntington Consolidated(dollar amounts in millions)Three months ended March 31, 2025Net interest income (loss)$943 $513 $(30)$1,426 Provision for credit losses47 68 — 115 Net interest income (loss) after provision for credit losses896 445 (30)1,311 Noninterest income327 162 5 494 Noninterest expense:Direct personnel costs294 139 238 671 Other noninterest expense, including corporate allocations525 164 (208)481 Total noninterest expense819 303 30 1,152 Income (loss) before income taxes404 304 (55)653 Provision (benefit) for income taxes85 64 (27)122 Income attributable to non-controlling interest— 4 — 4 Net income (loss) attributable to Huntington$319 $236 $(28)$527 Three months ended March 31, 2024Net interest income (loss)$956 $523 $(192)$1,287 Provision for credit losses46 61 — 107 Net interest income (loss) after provision for credit losses910 462 (192)1,180 Noninterest income308 145 14 467 Noninterest expense:Direct personnel costs275 137 227 639 Other noninterest expense, including corporate allocations502 157 (161)498 Total noninterest expense777 294 66 1,137 Income (loss) before income taxes441 313 (244)510 Provision (benefit) for income taxes93 66 (73)86 Income attributable to non-controlling interest— 5 — 5 Net income (loss) attributable to Huntington $348 $242 $(171)$419 

78     Huntington Bancshares Incorporated

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