Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 8

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 8
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,989 1,460,620 $15 $15,484 (6,984)$(86)$(2,866)$5,204 $19,740 $42 $19,782 Year Ended December 31, 2023Balance, beginning of year $2,167 1,449,390 $14 $15,309 (6,322)$(80)$(3,098)$3,419 $17,731 $38 $17,769 Net income1,951 1,951 20 1,971 Other comprehensive income, net of tax422 422 422 Net proceeds from issuance of Series J Preferred Stock317 317 317 Repurchase of preferred stock(90)— 8 (82)(82)Cash dividends declared:Common ($0.62 per share)(911)(911)(911)Preferred(142)(142)(142)Recognition of the fair value of share-based compensation97 97 97 Other share-based compensation activity6,333 1 (17)(3)(19)(19)Other— (1,081)(11)(11)(13)(24)Balance, end of year$2,394 1,455,723 $15 $15,389 (7,403)$(91)$(2,676)$4,322 $19,353 $45 $19,398 Year Ended December 31, 2022Balance, beginning of year$2,167 1,444,040 $14 $15,222 (6,298)$(79)$(229)$2,202 $19,297 $21 $19,318 Net income2,238 2,238 11 2,249 Other comprehensive loss, net of tax(2,869)(2,869)(2,869)Cash dividends declared:Common ($0.62 per share) (908)(908)(908)Preferred(113)(113)(113)Recognition of the fair value of share-based compensation 105 105 105 Other share-based compensation activity5,350 (19)— (19)(19)Other1 (24)(1)— 6 6 Balance, end of year $2,167 1,449,390 $14 $15,309 (6,322)$(80)$(3,098)$3,419