Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 83

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 83
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 December 31, 2024Commercial:Commercial and industrial$60,723 45 %$56,809 43 %Commercial real estate10,698 8 11,078 9 Lease financing5,516 4 5,454 4 Total commercial76,937 57 73,341 56 Consumer:Residential mortgage24,527 19 24,242 19 Automobile15,382 11 14,564 11 Home equity10,221 8 10,142 8 RV and marine5,907 4 5,982 5 Other consumer1,986 1 1,771 1 Total consumer58,023 43 56,701 44 Total loans and leases$134,960 100 %$130,042 100 %

2025 2Q Form 10-Q     15

Table of Contents

Our loan and lease portfolio is a managed mix of consumer and commercial credits. We manage the overall credit exposure and portfolio composition via a credit concentration policy. The policy designates specific loan types, collateral types, and loan structures to be formally tracked and assigned maximum exposure limits as a percentage of capital. Commercial lending by NAICS categories, specific limits for CRE project types, loans secured by residential real estate, large dollar exposures, and designated high risk loan categories represent examples of specifically tracked components of our concentration management process. There are no identified concentrations that exceed the assigned exposure limit. Our concentration management policy is approved by the ROC and is used to ensure a high quality, well-diversified portfolio that is consistent with our overall objective of maintaining an aggregate moderate-to-low risk appetite. Changes to existing concentration limits, incorporating specific information relating to the potential impact on the overall portfolio composition and performance metrics, require the approval of the ROC prior to implementation. 

The table below provides our total loan and lease portfolio segregated by industry type. The changes in the industry composition from December 31, 2024 are consistent with the portfolio growth metrics.

Table 8 - Loan and Lease Portfolio by Industry Type(dollar amounts in millions)At June 30, 2025At December 31, 2024Commercial loans and leases:Real estate and rental and leasing (1)$15,431 11 %$15,242 12 %Retail trade (2)11,380 8 11,864 9 Finance and insurance (1)7,918 6