Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 122

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 122
---
,153 — (33)(2)(35)(35)Other2 11 (1)— 1 (10)(9)Balance, end of period$1,989 1,465,773 $15 $15,506 (6,973)$(87)$(2,246)$5,751 $20,928 $42 $20,970 Six months ended June 30, 2024Balance, beginning of period$2,394 1,455,723 $15 $15,389 (7,403)$(91)$(2,676)$4,322 $19,353 $45 $19,398 Net income893 893 11 904 Other comprehensive loss, net of tax(235)(235)(235)Cash dividends declared:Common ($0.31 per share)(458)(458)(458)Preferred(71)(71)(71)Recognition of the fair value of share-based compensation53 53 53 Other share-based compensation activity4,033 — (17)(4)(21)(21)Other— 80 1 — 1 (8)(7)Balance, end of period$2,394 1,459,756 $15 $15,425 (7,323)$(90)$(2,911)$4,682 $19,515 $48 $19,563 

See Notes to Unaudited Consolidated Financial Statements

44     Huntington Bancshares Incorporated

Table of Contents

Huntington Bancshares Incorporated

Consolidated Statements of Cash Flows (Unaudited)

 Six Months Ended(dollar amounts in millions)June 30, 2025June 30, 2024Operating activitiesNet income$1,073 $904 Adjustments to reconcile net income to net cash provided by operating activities:Provision for credit losses218 207 Depreciation, amortization, and accretion397 360 Share-based compensation expense53 53 Deferred income tax benefit(173)(27)Net gains (losses) on sales of securities58 — Net change in:Trading account securities(428)(29)Loans held for sale(226)(190)Other assets(210)(592)Short-term borrowings403 10 Other liabilities(81)81 Other, net(17)2 Net cash provided by operating activities1,067