Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 165

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 165
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 not considered financial instruments and are not included in the following tables. Accordingly, this fair value information is not intended to, and does not, represent Huntington’s underlying value. 

2025 3Q Form 10-Q     75

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 September 30, 2025Financial AssetsCash and short-term assets$13,232 $— $— $13,232 $13,232 Trading account securities— — 81 81 81 Available-for-sale securities— — 26,085 26,085 26,085 Held-to-maturity securities15,597 — — 15,597 13,869 Other securities838 — 32 870 870 Loans held for sale— 6 817 823 823 Net loans and leases (1)135,411 — 171 135,582 134,953 Derivative assets— — 211 211 211 Assets held in trust for deferred compensation plans— — 211 211 211 Financial LiabilitiesDeposits (2)165,212 — — 165,212 165,212 Short-term borrowings183 — 69 252 252 Long-term debt16,016 — 1,299 17,315 17,571 Derivative liabilities— — 345 345 345 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 Li