v3.25.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest and fee income:      
Loans and leases $ 7,481 $ 6,811 $ 4,816
Available-for-sale securities      
Taxable 1,251 1,016 576
Tax-exempt 112 104 74
Held-to-maturity securities-taxable 385 401 351
Other securities-taxable 42 53 27
Other 650 531 125
Total interest income 9,921 8,916 5,969
Interest expense:      
Deposits 3,572 2,497 363
Short-term borrowings 69 179 46
Long-term debt 935 801 287
Total interest expense 4,576 3,477 696
Net interest income 5,345 5,439 5,273
Provision for credit losses 420 402 289
Net interest income after provision for credit losses 4,925 5,037 4,984
Noninterest income:      
Payments and cash management revenue 620 585 561
Wealth and asset management revenue 1,468 1,400 1,318
Customer deposit and loan fees 334 312 350
Capital markets and advisory fees 327 248 265
Mortgage banking income 130 109 144
Leasing revenue 79 112 126
Insurance income 1,468 1,400 1,318
Net gains (losses) on sales of securities (21) (7) 0
Other noninterest income 130 160 156
Total noninterest income 2,040 1,921 1,981
Noninterest expense:      
Personnel costs 2,701 2,529 2,401
Outside data processing and other services 665 605 610
Equipment 267 263 269
Net occupancy 221 246 246
Marketing 116 115 91
Deposit and other insurance expense 114 302 67
Professional services 99 99 77
Amortization of intangibles 47 50 53
Lease financing equipment depreciation 15 27 45
Other noninterest expense 317 338 342
Total noninterest expense 4,562 4,574 4,201
Income before income taxes 2,403 2,384 2,764
Provision for income taxes 443 413 515
Income after income taxes 1,960 1,971 2,249
Income attributable to non-controlling interest 20 20 11
Net income attributable to Huntington 1,940 1,951 2,238
Dividends on preferred shares 134 142 113
Impact of preferred stock redemptions and repurchases 5 (8) 0
Net income applicable to common shares $ 1,801 $ 1,817 $ 2,125
Average common shares—basic (in shares) 1,451,421 1,446,449 1,441,279
Average common shares—diluted (in shares) 1,476,442 1,468,016 1,465,220
Earnings Per Share [Abstract]      
Net income - basic (in USD per share) $ 1.24 $ 1.26 $ 1.47
Net income - diluted (in USD per share) $ 1.22 $ 1.24 $ 1.45
Wealth and asset management revenue      
Noninterest income:      
Wealth and asset management revenue $ 364 $ 328 $ 300
Insurance income 364 328 300
Insurance income      
Noninterest income:      
Wealth and asset management revenue 77 74 79
Insurance income $ 77 $ 74 $ 79

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