Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 230

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 230
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 business segments and Treasury/Other function for the past three years is presented in the following table.

Table 25 - Net Income (Loss) by Business SegmentYear Ended December 31,(dollar amounts in millions)202420232022Consumer & Regional Banking$1,512 $1,315 $1,027 Commercial Banking1,153 1,179 1,087 Treasury / Other(725)(543)124 Net income attributable to Huntington$1,940 $1,951 $2,238 

Consumer & Regional Banking

Table 26 - Key Performance Indicators for Consumer & Regional Banking Year Ended December 31,Change from 2023Year Ended December 31,(dollar amounts in millions unless otherwise noted)20242023AmountPercent2022Net interest income$4,070 $3,717 $353 9 %$3,213 Provision for credit losses284 246 38 15 260 Net interest income after provision for credit losses3,786 3,471 315 9 2,953 Noninterest income1,301 1,257 44 4 1,272 Noninterest expense:Direct personnel costs1,135 1,138 (3)— 1,124 Other noninterest expense, including corporate allocations2,038 1,926 112 6 1,800 Total noninterest expense3,173 3,064 109 4 2,924 Income before income taxes1,914 1,664 250 15 1,301 Provision for income taxes402 349 53 15 274 Net income attributable to Huntington$1,512 $1,315 $197 15 %$1,027 Number of employees (average full-time equivalent)11,191 11,536 (345)(3)%11,984 Total average assets$75,021 $71,214 $3,807 5 $69,176 Total average loans/leases69,181 65,349 3,832 6 62,881 Total average deposits110,180 105,821 4,359 4 105,469 Net interest margin3.63 %3.45 %0.18 %5 2.99 %NCOs$215 $155 $60 39 $120 N