Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 150

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 150
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 and other post-retirement obligations1 — 1 Other comprehensive income$811 $(191)$620 Six months ended June 30, 2024Unrealized losses on available-for-sale securities arising during the period, net of hedges$(263)$61 $(202)Reclassification adjustment for realized net losses included in net income5 (1)4 Total unrealized losses on available-for-sale securities, net of hedges(258)60 (198)Unrealized losses on cash flow hedges during the period(181)42 (139)Reclassification adjustment for cash flow hedges included in net income135 (32)103 Net change related to cash flow hedges on loans(46)10 (36)Translation adjustments, net of hedges (1)(2)— (2)Change in accumulated unrealized gains for pension and other post-retirement obligations1 — 1 Other comprehensive loss$(305)$70 $(235)(1)A portion of foreign investments are deemed to be permanent in nature and, therefore, Huntington does not provide for taxes on this portion of foreign currency translation adjustments.

64     Huntington Bancshares Incorporated

Table of Contents

The following table summarizes the activity in AOCI.(dollar amounts in millions)Unrealized gains (losses) on available-for-sale securities, net of hedges (1)Net change related to cash flow hedges on loansTranslation adjustments, net of hedgesUnrealized losses for pension and other post-retirement obligationsTotalThree months ended June 30, 2025Balance, beginning of period$(2,110)$(90)$(11)$(222)$(2,433)Other comprehensive income before reclassifications48 75 6 1 130 Amounts reclassified from AOCI to earnings49 8 — — 57 Period change97 83 6 1 187 Balance, end of period$(2,013)$(7)$(5)$(221)$(2,246)Three months ended June 30, 2024Balance, beginning of period$(2,222)$(436)$(8)$(213)$(2,879)Other comprehensive loss before reclassifications(72)(15)— — (87)Amounts reclassified from AOCI to earnings2 52 — 1 55 Period change(70)37 — 1 (32)Balance, end