Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 3

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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$1,989 1,460,620 $15 $15,484 (6,984)$(86)$(2,866)$5,204 $19,740 $42 $19,782 Net income527 527 4 531 Other comprehensive income, net of tax433 433 433 Cash dividends declared:Common ($0.155 per share)(230)(230)(230)Preferred(27)(27)(27)Recognition of the fair value of share-based compensation21 21 21 Other share-based compensation activity3,356 — (26)(26)(26)Other— (180)(4)(4)6 2 Balance, end of period$1,989 1,463,976 $15 $15,479 (7,164)$(90)$(2,433)$5,474 $20,434 $52 $20,486 Three months ended March 31, 2024Balance, beginning of period$2,394 1,455,723 $15 $15,389 (7,403)$(91)$(2,676)$4,322 $19,353 $45 $19,398 Net income419 419 5 424 Other comprehensive loss, net of tax(203)(203)(203)Cash dividends declared:Common ($0.155 per share)(228)(228)(228)Preferred(36)(36)(36)Recognition of the fair value of share-based compensation20 20 20 Other share-based compensation activity945 — (2)(1)(3)(3)Other— (11)— — 1 1 Balance, end of period$2,394 1,456,668 $15 $15,407 (7,414)$(91)$(2,879)$4,476 $19,322 $51 $19,373 

See Notes to Unaudited Consolidated Financial Statements

40     Huntington Bancshares Incorporated

Huntington Bancshares Incorporated

Consolidated Statements of Cash Flows (Unaudited)

 Three Months Ended(dollar amounts in millions)March 31, 2025March 31, 2024Operating activitiesNet income$531 $424 Adjustments to reconcile net income to net cash provided by operating activities:Provision for credit losses115 107 Depreciation