Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 119

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 119
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102 Preferred stock, authorized shares6,617,808 6,617,808 Preferred shares outstanding885,000 877,500 

(1)Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $769 million, $334 million, $694 million, and $123 million, respectively, at September 30, 2025, and $1.1 billion, $264 million, $1.0 billion, and $109 million, respectively, at December 31, 2024. See Note 15 - “Variable Interest Entities” for additional information. 

           See Notes to Unaudited Consolidated Financial Statements 

2025 3Q Form 10-Q     39

Huntington Bancshares IncorporatedConsolidated Statements of Income (Unaudited)Three Months EndedNine Months Ended(dollar amounts in millions, except per share data, share count in thousands)September 30, 2025September 30, 2024September 30, 2025September 30, 2024Interest and fee income:Loans and leases$2,050 $1,906 $5,926 $5,574 Available-for-sale securitiesTaxable246 331 811 949 Tax-exempt33 27 98 81 Held-to-maturity securities—taxable105 93 320 281 Other securities—taxable12 11 36 30 Other154 187 454 496 Total interest income2,600 2,555 7,645 7,411 Interest expense:Deposits830 945 2,462 2,709 Short-term borrowings13 14 40 52 Long-term debt251 245 744 700 Total interest expense1,094 1,204 3,246 3,461 Net interest income1,506 1,351 4,399 3,950 Provision for credit losses122 106 340 313 Net interest income after provision for credit losses1,384 1,245 4,059 3,637 Noninterest income:Payments and cash management revenue174 158 494 458 Wealth and asset management revenue104 93 307 271 Customer deposit and loan fees102 86 283 246 Capital markets and advisory fees94 78 245 207 Mortgage banking