Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 225

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 225
---
’ equity are managed at the Bank and on a consolidated basis. We have an active program for managing capital and maintain a comprehensive process for assessing the Company’s overall capital adequacy, including the monitoring and reporting of capital risk metrics to the Board and ROC that we believe are useful for evaluating capital adequacy and making capital decisions. In addition to as-reported regulatory capital and tangible common equity metrics, which are discussed in more detail below, we also actively monitor other measures of capital, such as tangible common equity including the mark-to-market impact on HTM securities and CET1 inclusive of AOCI excluding cash flow hedges. We believe our current levels of both regulatory capital and shareholders’ equity are adequate.

Regulatory Capital

We are subject to the Basel III capital requirements including the standardized approach for calculating risk-weighted assets in accordance with subpart D of the final capital rule. The following table presents consolidated risk-weighted assets and other financial data necessary to calculate certain financial ratios, including CET1, which we use to measure capital adequacy. 

80     Huntington Bancshares Incorporated

Table of Contents

Table 22 - Capital Under Current Regulatory Standards At December 31,(dollar amounts in millions)20242023CET1 risk-based capital ratio:Total shareholders’ equity$19,740 $19,353 Regulatory capital adjustments:CECL transitional amount (1)109 219 Shareholders’ preferred equity and related surplus(1,999)(2,404)Accumulated other comprehensive loss2,866 2,676 Goodwill and other intangible assets, net of taxes(5,534)(5,591)Deferred tax assets that arise from tax loss and credit carryforwards(55)(41)CET1 capital15,127 14,212 Additional tier 1 capitalShareholders’ preferred equity and related surplus1,999 2,404 Tier 1 capital17,126 16,616 Long-term debt and other tier 2 qualifying instruments1,641 1,306 Qualifying allowance for loan and lease losses1,798 1,735 Tier 2 capital3,439 3,041 Total risk-based capital$20,565 $19,657 RWA$143,650 $138,706 CET1 risk-based capital ratio10.5 %10.2 %Other regulatory capital data:Tier 1 risk-based capital ratio11.9 12.0 Total risk-based capital ratio14.3