Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 103

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 103
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 condition. Failure to be well-capitalized or to meet minimum capital requirements could also result in restrictions on Huntington’s or the Bank’s ability to pay dividends or otherwise distribute capital or to receive regulatory approval of applications.

In addition to meeting the minimum capital requirements under the U.S. Basel III capital rules, Huntington and the Bank must maintain the applicable capital buffer (SCB and CCB, respectively) requirements to avoid becoming subject to restrictions on capital distributions and certain discretionary bonus payments to management. Huntington is subject to a SCB of 2.5% effective October 1, 2024. Refer to the SCB Requirements section below for further details. The Bank is subject to a CCB of 2.5%. The Tier 1 Leverage Ratio is not impacted by the SCB or CCB, and a banking institution may be considered well-capitalized while remaining out of compliance with the SCB or CCB. 

The following table presents the minimum regulatory capital ratios, minimum ratio plus the capital buffer, and well-capitalized minimums compared with Huntington’s and the Bank’s regulatory capital ratios as of December 31, 2024, calculated using the regulatory capital methodology applicable as of the end of 2024.

Minimum Regulatory Capital RatioMinimum Ratio + Capital Buffer (1)Well-CapitalizedMinimums (2)At December 31, 2024ActualRatios:CET1 risk-based capital ratioConsolidated4.5 %7.0 %N/A10.5 %Bank4.5 7.0 6.5 %11.6 Tier 1 risk-based capital ratioConsolidated6.0 8.5 6.0 11.9 Bank6.0 8.5 8.0 12.4 Total risk-based capital ratioConsolidated8.0 10.5 10.0 14.3 Bank8.0 10.5 10.0 14.1 Tier 1 leverage ratioConsolidated4.0 N/AN/A8.6 Bank4.0 N/A5.0 8.9 

(1)    Reflects a SCB of 2.5% for both Huntington and the Bank.

(2)    Reflects the well-capitalized standard applicable to Huntington under Federal Reserve Regulation Y and the well-capitalized standard applicable to the Bank.

Huntington has the ability to provide additional capital to the