Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 6

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 6
---
 696 Net interest income5,345 5,439 5,273 Provision for credit losses420 402 289 Net interest income after provision for credit losses4,925 5,037 4,984 Noninterest income:Payments and cash management revenue620 585 561 Wealth and asset management revenue364 328 300 Customer deposit and loan fees334 312 350 Capital markets and advisory fees327 248 265 Mortgage banking income130 109 144 Leasing revenue79 112 126 Insurance income77 74 79 Net gains (losses) on sales of securities(21)(7)— Other noninterest income130 160 156 Total noninterest income2,040 1,921 1,981 Noninterest expense:Personnel costs2,701 2,529 2,401 Outside data processing and other services665 605 610 Equipment267 263 269 Net occupancy221 246 246 Marketing116 115 91 Deposit and other insurance expense114 302 67 Professional services99 99 77 Amortization of intangibles47 50 53 Lease financing equipment depreciation15 27 45 Other noninterest expense317 338 342 Total noninterest expense4,562 4,574 4,201 Income before income taxes2,403 2,384 2,764 Provision for income taxes443 413 515 Income after income taxes1,960 1,971 2,249 Income attributable to non-controlling interest20 20 11 Net income attributable to Huntington1,940 1,951 2,238 Dividends on preferred shares134 142 113 Impact of preferred stock redemptions and repurchases5 (8)— Net income applicable to common shares$1,801 $1,817 $2,125 Average common shares—basic1,451,421 1,446,449 1,441,279 Average common shares—diluted1,476,442 1,468,016 1,465,220 Per common share:Net income—basic$1.24 $1.26 $1.47 Net income—diluted1.22 1.24 1.45 

See Notes to Consolidated Financial Statements

2024