Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 164

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 164
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 to, and does not, represent Huntington’s underlying value. 

2025 2Q Form 10-Q     75

Table of Contents

The following table provides the carrying amounts and estimated fair values of Huntington’s financial instruments.(dollar amounts in millions)Amortized CostLower of Cost or MarketFair Value or Fair Value OptionTotal Carrying AmountEstimated Fair ValueAt June 30, 2025Financial AssetsCash and short-term assets$10,947 $— $— $10,947 $10,947 Trading account securities— — 481 481 481 Available-for-sale securities— — 28,330 28,330 28,330 Held-to-maturity securities15,965 — — 15,965 14,089 Other securities847 — 31 878 878 Loans held for sale— 9 867 876 876 Net loans and leases (1)132,457 — 172 132,629 131,653 Derivative assets— — 214 214 214 Assets held in trust for deferred compensation plans— — 200 200 200 Financial LiabilitiesDeposits (2)163,380 — — 163,380 163,389 Short-term borrowings151 — 425 576 576 Long-term debt16,453 — 1,014 17,467 17,560 Derivative liabilities— — 386 386 386 At December 31, 2024Financial AssetsCash and short-term assets$13,332 $— $— $13,332 $13,332 Trading account securities— — 53 53 53 Available-for-sale securities— — 27,273 27,273 27,273 Held-to-maturity securities16,368 — — 16,368 14,086 Other securities792 — 31 823 823 Loans held for sale— 2 652 654 654 Net loans and leases (1)127,625 — 173 127,798 125,557 Derivative assets— — 266 266 266 Assets held in trust for deferred compensation plans— — 191 191 191 Financial LiabilitiesDeposits (2)162,448 — — 162,448