Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 102

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 102
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 any additional liquidity needs, the parent company may issue debt or equity securities. To support the parent company’s ability to issue debt or equity securities, we have filed an automatic shelf registration statement with the SEC covering an indeterminate amount or number of securities to be offered or sold from time to time as authorized by Huntington’s Board of Directors.

As of September 30, 2025, we believe the Company has sufficient liquidity and capital resources to meet its cash flow obligations over the next 12 months and for the foreseeable future.

Credit Ratings

Credit ratings represent evaluations by rating agencies based on a number of factors, including financial strength and the ability to generate earnings, as well as factors not entirely within our control, including conditions affecting the financial services industry, the economy, and changes in rating methodologies. Credit ratings are subject to change at any time. Our credit ratings impact our availability and cost of financing, as well as collateral requirements for certain derivative instruments and deposit products. A downgrade to our credit ratings could adversely affect our access to capital, increase our cost of funds, or trigger additional collateral or funding requirements. 

The following table presents our credit ratings and rating agency outlooks.

Table 20 - Credit Ratings and Outlook At September 30, 2025Moody’sStandard & Poor’sFitchDBRS MorningstarHuntington Bancshares IncorporatedSenior unsecured notesBaa1BBB+A-ASubordinated notesBaa1BBBBBB+A (low)Commercial paperNRNRF1R-1 (low)Ratings outlookStableStableStableStableThe Huntington National BankSenior unsecured notesA3A-A-A (high)Long-term depositsA1NR (1)AA (high)Short-term depositsP-1NR (1)F1R-1 (middle)Ratings outlookStableStableStableStable

NR - Not Rated

(1) Standard & Poor’s does not provide a depositor rating. The Bank’s issuer credit rating is A-. 

Contractual Obligations and Commitments

In the normal course of business, we enter into various contractual obligations and commitments that could impact our liquidity and capital resources. These arrangements include commitments to extend credit, interest rate swaps, floors, financial guarantees contained in standby letters-of-credit issued by the Bank, commitments by the Bank to sell mortgage loans, operating lease payments, and other purchase and marketing obligations. 

2025 3Q Form 10-Q     27

Operational Risk

Operational risk is the risk