Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 99

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 2
Chunk 99
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 $1,143 and $821, respectively, measured at fair value)18,096 16,374 Other liabilities (1)5,013 5,427 Total liabilities189,110 184,448 Commitments and Contingent Liabilities (Note 15)Shareholders’ EquityPreferred stock1,989 1,989 Common stock15 15 Capital surplus15,479 15,484 Less treasury shares, at cost(90)(86)Accumulated other comprehensive income (loss)(2,433)(2,866)Retained earnings5,474 5,204 Total Huntington shareholders’ equity20,434 19,740 Non-controlling interest52 42 Total equity20,486 19,782 Total liabilities and equity$209,596 $204,230 Common shares authorized (par value of $0.01)2,250,000,000 2,250,000,000 Common shares outstanding1,456,811,621 1,453,635,809 Treasury shares outstanding7,164,203 6,984,102 Preferred stock, authorized shares6,617,808 6,617,808 Preferred shares outstanding877,500 877,500 

(1)Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $998 million, $260 million, $911 million, and $98 million, respectively, at March 31, 2025, and $1.1 billion,  $264 million, $1.0 billion, $109 million, respectively, at December 31, 2024. See Note 14 - “Variable Interest Entities” for additional information. 

           See Notes to Unaudited Consolidated Financial Statements 

2025 1Q Form 10-Q     37

Huntington Bancshares IncorporatedConsolidated Statements of Income (Unaudited)Three Months Ended(dollar amounts in millions, except per share data, share count in thousands)March 31, 2025March 31, 2024Interest and fee income:Loans and leases$1,905 $1,809 Available-for-sale securitiesTaxable287 296 Tax-exempt34 27 Held-to-maturity securities—taxable108 95 Other securities—taxable12 9 Other143 144 Total interest income2,489 2,