Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 55

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 2
Chunk 55
---
$2,380 $109 5 %Interest expense1,063 1,093 (30)(3)Net interest income1,426 1,287 139 11 Provision for credit losses115 107 8 7 Net interest income after provision for credit losses1,311 1,180 131 11 Noninterest income494 467 27 6 Noninterest expense1,152 1,137 15 1 Income before income taxes653 510 143 28 Provision for income taxes122 86 36 42 Income after income taxes531 424 107 25 Income attributable to non-controlling interest4 5 (1)(20)Net income attributable to Huntington527 419 108 26 Dividends on preferred shares27 36 (9)(25)Net income applicable to common shares$500 $383 $117 31 %Average common shares—basic1,454 1,448 6 — %Average common shares—diluted1,482 1,473 9 1 Net income per common share—basic$0.34 $0.26 $0.08 31 Net income per common share—diluted0.34 0.26 0.08 31 Cash dividends declared per common share0.155 0.155 — — Return on average total assets1.04 %0.89 %Return on average common shareholders’ equity11.3 9.2 Return on average tangible common shareholders’ equity (1)16.7 14.2 Net interest margin (2)3.10 3.01 Efficiency ratio (3)58.9 63.7 Revenue and Net Interest Income—FTE (non-GAAP)Net interest income$1,426 $1,287 $139 11 %FTE adjustment (2)15 13 2 15 Net interest income, FTE (non-GAAP) (2)1,441 1,300 141 11 Noninterest income494 467 27 6 Total revenue, FTE (non-GAAP) (2)$1,935 $1,767 $168 10 %

(1)Net income applicable to common shares excluding expense for amortization of intangibles for the period divided