Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 91

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 91
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 loan and lease type:Commercial:Commercial and industrial$39 $51 $119 $114 Commercial real estate(4)5 (15)54 Lease financing1 (2)7 (2)Total commercial36 54 111 166 Consumer:Residential mortgage— — 1 1 Automobile10 8 30 23 Home equity1 (1)1 (1)RV and marine4 6 16 15 Other consumer24 26 68 71 Total consumer39 39 116 109 Total net charge-offs$75 $93 $227 $275 Net charge-offs (recoveries) - annualized percentages:Commercial:Commercial and industrial0.25 %0.39 %0.27 %0.29 %Commercial real estate(0.13)0.17 (0.18)0.59 Lease financing0.04 (0.18)0.16 (0.05)Total commercial0.18 0.31 0.20 0.32 Consumer:Residential mortgage0.01 — 0.01 — Automobile0.26 0.24 0.26 0.24 Home equity0.01 (0.02)0.01 — RV and marine0.30 0.37 0.36 0.33 Other consumer4.92 6.38 4.89 6.25 Total consumer0.27 0.28 0.27 0.27 Net charge-offs as a % of average loans and leases0.22 %0.30 %0.23 %0.30 %

NCOs were an annualized 0.22% of average loans and leases in the third quarter of 2025, down from 0.30% in the year-ago quarter, largely due to the decrease in NCOs in commercial and industrial loans and net recoveries in commercial real estate loans in the current quarter. NCOs for commercial loans and leases were lower, with annualized commercial loan and lease NCOs of 0.18% in the third quarter of 2025, compared to 0.31% in the year-ago quarter. Annualized consumer loan NCOs of 0.27% in the third quarter of