Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 117

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 117
---
 Consolidated Financial Statements.

2025 2Q Form 10-Q     39

Table of Contents

Item 1: Financial Statements

Huntington Bancshares Incorporated

Consolidated Balance Sheets (Unaudited) 

At June 30, At December 31,(dollar amounts in millions)20252024AssetsCash and due from banks$1,776 $1,685 Interest-earning deposits with banks9,171 11,647 Trading account securities481 53 Available-for-sale securities28,330 27,273 Held-to-maturity securities15,965 16,368 Other securities878 823 Loans held for sale (includes $867 and $652, respectively, measured at fair value)876 654 Loans and leases (includes $172 and $173, respectively, measured at fair value)134,960 130,042 Allowance for loan and lease losses(2,331)(2,244)Net loans and leases (1)132,629 127,798 Bank-owned life insurance2,808 2,793 Accrued income and other receivables1,675 2,190 Premises and equipment1,104 1,066 Goodwill5,561 5,561 Servicing rights and other intangible assets647 677 Other assets (1)5,841 5,642 Total assets$207,742 $204,230 Liabilities and shareholders’ equityLiabilitiesDeposits:Demand deposits—noninterest-bearing$28,656 $29,345 Interest-bearing134,724 133,103 Total deposits163,380 162,448 Short-term borrowings576 199 Long-term debt (1) (includes $1,014 and $821, respectively, measured at fair value)17,467 16,374 Other liabilities (1)5,349 5,427 Total liabilities186,772 184,448 Commitments and Contingent Liabilities (Note 16)Shareholders’ EquityPreferred stock1,989 1,989 Common stock15 15 Capital surplus15,506 15,484 Less treasury shares, at cost(87)(86)Accumulated other comprehensive income (loss)(2,246)(2,866)Retained earnings5,751 5,204 Total Huntington shareholders’ equity20,928 19,740 Non-cont