Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 216

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 216
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— — 1,782 Other agencies— 113 — — 113 Municipal securities— 25 4,090 — 4,115 Corporate debt— 175 — — 175 Asset-backed securities— 221 38 — 259 Private-label CMO— 81 23 — 104 Other securities/sovereign debt— 10 — — 10 Total available-for-sale securities5,410 16,524 4,151 — 26,085 Other securities30 2 — — 32 Loans held for sale— 817 — — 817 Loans held for investment— 108 63 — 171 MSRs— — 576 — 576 Other assets:Derivative assets— 493 9 (291)211 Assets held in trust for deferred compensation plans211 — — — 211 LiabilitiesShort-term borrowings (2)57 12 — — 69 Long-term debt— 1,299 — — 1,299 Derivative liabilities— 502 6 (163)345 (1)Amounts represent the impact of legally enforceable master netting agreements that allow the Company to settle positive and negative positions and cash collateral held or placed with the same counterparties.(2)Includes debt and equity securities held by our broker dealer in its trading inventory and securities sold short as a hedging strategy for purposes of supporting client trading activities. Level 1 fair value positions are determined by quoted market prices available in an active market for identical securities. When quoted market prices are not available, fair values are classified as Level 2 and are determined using quoted prices for similar assets in active markets.

2025 3Q Form 10-Q     70

Fair Value Measurements at Reporting Date UsingNetting Adjustments (1)Total(dollar amounts in millions)Level 1Level 2Level 3At December 31, 2024AssetsTrading account securities$1 $52 $— $— $53 Available-for-sale securities:U.S. Treasury securities6,556 — — — 6,556 Residential MBS— 10,017 — — 10,017 Residential CMO— 3,345 — — 3