Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 89

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 89
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 of Total ALLL% of Total Loans and Leases (1) Allocation of Allowance% of Total ALLL% of Total Loans and Leases (1) CommercialCommercial and industrial$1,068 45 %45 %$947 42 %43 %Commercial real estate417 18 8 473 21 9 Lease financing63 3 4 64 3 4 Total commercial1,548 66 57 1,484 66 56 ConsumerResidential mortgage208 9 19 205 9 19 Automobile161 7 11 145 6 11 Home equity153 7 8 148 7 8 RV and marine143 6 4 150 7 5 Other consumer118 5 1 112 5 1 Total consumer783 34 43 760 34 44 Total ALLL2,331 2,244 AULC184 202 Total ACL$2,515 $2,446 Total ALLL as a % ofTotal loans and leases1.73 %1.73 %Nonaccrual loans and leases277 286 NPAs274 273 Total ACL as % ofTotal loans and leases1.86 %1.88 %Nonaccrual loans and leases299 312 NPAs295 297 

(1)Percentages represent the percentage of each loan and lease category to total loans and leases.

At June 30, 2025, the ACL was $2.5 billion, or 1.86% of total loans and leases, compared to $2.4 billion, or 1.88%, at December 31, 2024. The increase in the ACL was driven by loan and lease growth, partially offset by a slight reduction in the ACL coverage ratio. The ACL coverage ratio at June 30, 2025 is reflective of the current macro-economic forecast and changes in various risk profiles intended to capture uncertainty not addressed within the quantitative reserve. 

20     Huntington Bancshares Incorporated

Table of Contents

NCOs

The table below reflects NCO detail.

Table 14 - Net Charge-off AnalysisThree Months EndedSix Months Ended(dollar amounts in millions)June 30, 2025June 30, 2024June 30, 2025June 30, 2024Net charge-offs (recoveries) by