Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 59

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 2
Chunk 59
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2025, the Federal Reserve issued a notice of proposed rulemaking to amend its capital planning and stress testing framework applicable to large banking organizations, including Huntington. The proposal would average stress test results over two consecutive years to reduce volatility in the SCB requirement that results from the stress test. The proposal would also modify the annual effective date of the SCB requirement from October 1 to January 1 of the following year to provide banking organizations with additional time to incorporate the results of the stress test into capital planning and management. We are in the process of evaluating this proposed rulemaking and assessing its potential impact on the Company if adopted as proposed.

DISCUSSION OF RESULTS OF OPERATIONS

This section provides a review of financial performance on a consolidated basis. Key unaudited interim consolidated balance sheet and unaudited interim income statement trends are discussed. All earnings per share data are reported on a diluted basis. For additional insight on financial performance, please read this section in conjunction with the “Business Segment Discussion.”

8     Huntington Bancshares Incorporated

Average Balance Sheet / Net Interest Income 

The following table details the change in our average balance sheet and the net interest margin.

Table 2 - Consolidated Quarterly Average Balance Sheet and Net Interest Margin AnalysisThree Months Ended March 31, 2025Three Months Ended March 31, 2024AverageInterest Income/ExpenseYield/AverageInterest Income/ExpenseYield/Change in Average Balances(dollar amounts in millions)Balances(FTE) (1)Rate (2)Balances(FTE) (1)Rate (2)AmountPercentAssets:Interest-earning deposits with banks$11,632 $129 4.45 %$9,761 $134 5.50 %$1,871 19 %Securities:Trading account securities487 4 3.67 133 2 5.15 354 NMAvailable-for-sale securities:Taxable24,245 287 4.73 22,515 296 5.26 1,730 8 Tax-exempt3,254 42 5.22 2,676 34 5.05 578 22 Total available-for-sale securities27,499 329 4.79 25,191 330 5.24 2,308 9 Held-to-maturity securities—taxable16,358 108 2.64 15,567 95 2.44 791