Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
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Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
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Table of Contents

Item 1: Financial Statements

Huntington Bancshares Incorporated

Consolidated Balance Sheets (Unaudited) 

At September 30, At December 31,(dollar amounts in millions)20252024AssetsCash and due from banks$1,696 $1,685 Interest-earning deposits with banks11,536 11,647 Trading account securities81 53 Available-for-sale securities26,085 27,273 Held-to-maturity securities15,597 16,368 Other securities870 823 Loans held for sale (includes $817 and $652, respectively, measured at fair value)823 654 Loans and leases (includes $171 and $173, respectively, measured at fair value)137,956 130,042 Allowance for loan and lease losses(2,374)(2,244)Net loans and leases (1)135,582 127,798 Bank-owned life insurance2,810 2,793 Accrued income and other receivables1,819 2,190 Premises and equipment1,112 1,066 Goodwill5,547 5,561 Servicing rights and other intangible assets644 677 Other assets (1)6,026 5,642 Total assets$210,228 $204,230 Liabilities and shareholders’ equityLiabilitiesDeposits:Demand deposits—noninterest-bearing$28,596 $29,345 Interest-bearing136,616 133,103 Total deposits165,212 162,448 Short-term borrowings252 199 Long-term debt (1) (includes $1,299 and $821, respectively, measured at fair value)17,315 16,374 Other liabilities (1)5,163 5,427 Total liabilities187,942 184,448 Commitments and Contingent Liabilities (Note 16)Shareholders’ EquityPreferred stock2,731 1,989 Common stock15 15 Capital surplus15,537 15,484 Less treasury shares, at cost(87)(86)Accumulated other comprehensive income (loss)(2,071)(2,866)Retained earnings6,123 5,204 Total Huntington shareholders’ equity22,248 19,740 Non-controlling interest38 42 Total equity22,286 19,782 Total liabilities