Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 58

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 58
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 upon management’s reporting system, which assigns balance sheet and income statement items to each of the business segments. The process is designed around Huntington’s organizational and management structure and, accordingly, the results derived are not necessarily comparable with similar information published by other financial institutions.The following table illustrates the disaggregation by operating segment and major revenue stream and reconciles disaggregated revenue to segment revenue presented in Note 24 - “Segment Reporting.”(dollar amounts in millions)Consumer & Regional BankingCommercial BankingTreasury / OtherHuntington ConsolidatedYear Ended December 31, 2024Major Revenue StreamsPayments and cash management revenue$452 $115 $— $567 Wealth and asset management revenue352 12 — 364 Customer deposit and loan fees217 10 — 227 Capital markets and advisory fees21 172 — 193 Leasing revenue2 28 — 30 Insurance income67 11 (1)77 Other noninterest income9 5 (4)10 Net revenue from contracts with customers$1,120 $353 $(5)$1,468 Noninterest income within the scope of other GAAP topics181 363 28 572 Total noninterest income$1,301 $716 $23 $2,040 Year Ended December 31, 2023Major Revenue StreamsPayments and cash management revenue$433 $103 $— $536 Wealth and asset management revenue313 15 — 328 Customer deposit and loan fees203 8 — 211 Capital markets and advisory fees16 118 (2)132 Leasing revenue2 49 — 51 Insurance income64 11 (1)74 Other noninterest income67 3 (2)68 Net revenue from contracts with customers$1,098 $307 $(5)$1,400 Noninterest income within the scope of other GAAP topics159 339 23 521 Total noninterest income$1,257 $646 $18 $1,921 Year Ended December 31, 2022Major Revenue StreamsPayments and cash management revenue$405 $108 $— $513 Wealth and asset management revenue294 6 — 300 Customer deposit and loan fees226 5 — 231 Capital markets and advisory fees15 98 (3)110 Leasing revenue1 66