Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 130

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 130
---
%      |
| MRQ Core Return on Average Tangible Common Equity(1) |     | 14.9%   |     | 14.7%              |     | 14.8%  |     | 13.3%      |     | 18.9%      |
| MRQ Net Interest Margin                              |     | 3.46%   |     | 3.66%              |     | 3.67%  |     | 3.49%      |     | 3.83%      |
| MRQ Fee Income / Revenue Ratio(2)                    |     | 18.1%   |     | 16.4%              |     | 15.1%  |     | 13.8%      |     | 20.2%      |
| MRQ Efficiency Ratio                                 |     | 54.8%   |     | 51.0%              |     | 52.1%  |     | 55.9%      |     | 47.0%      |

| (1) | Based on core income after taxes and before extraordinary items, excluding gain / (loss) on sale of securities, amortization of intangibles, and nonrecurring items as defined by S&P Capital IQ Pro. |

| (2) | Excluded gain / (loss) on sale of securities. |

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TABLE OF CONTENTS

KBW’s analysis also showed the following concerning the financial condition of Cadence and the selected companies:

|                                                                 |     |         |     | Selected Companies |     |        |     |            |     |            |
|                                                                 |     | Cadence |     | Average            |     | Median |     | 25th       
 Percentile |     | 75th       
 Percentile |
| Tangible Common Equity / Tangible Assets                        |     | 8.24%   |     | 9.54%              |     | 9.71%  |     | 8.44%      |     | 10.82%     |
| CET1 Ratio                                                      |     | 11.5%   |     | 12.6%              |     | 12.5%  |     | 11.5%      |     | 13.4%      |
| Total Capital Ratio                                             |     | 13.1%   |     | 15.3%              |     |