Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 112

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 2
Chunk 112
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 2025 and December 31, 2024, respectively. The future lease rental payments due from customers on direct financing leases at March 31, 2025 totaled $5.2 billion and were due as follows: $700 million in 2025, $988 million in 2026, $972 million in 2027, $992 million in 2028, $814 million in 2029, and $694 million thereafter. Interest income recognized for these types of leases was $89 million and $79 million for the three-month periods ended March 31, 2025 and 2024, respectively. 

2025 1Q Form 10-Q     49

Nonaccrual and Past Due Loans and LeasesThe following table presents NALs by class.At March 31, 2025At December 31, 2024(dollar amounts in millions)Nonaccrual loans and leases with no ACLTotal nonaccrual loans and leasesNonaccrual loans and leases with no ACLTotal nonaccrual loans and leasesCommercial and industrial$51 $413 $71 $457 Commercial real estate74 118 75 118 Lease financing1 11 — 10 Residential mortgage— 90 — 83 Automobile— 4 — 6 Home equity— 110 — 107 RV and marine— 2 — 2 Total nonaccrual loans and leases$126 $748 $146 $783 The following table presents an aging analysis of loans and leases, by class.Past Due (1) Loans Accounted for Under FVOTotal Loansand Leases90 ormore dayspast dueand accruing(dollar amounts in millions)30-59 Days60-89 Days90 or more daysTotalCurrentAt March 31, 2025Commercial and industrial$137 $54 $222 $413 $58,535 $— $58,948 $2 (2)Commercial real estate17 1 31 49 10,919 — 10,968 — Lease financing46 29 11 86 5,365 — 5,451 8 Residential mortgage228 91 234 553 23,641 175 24,369 177 (3)Automobile99 21 11 131