v3.25.3
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest and fee income:        
Loans and leases $ 2,050 $ 1,906 $ 5,926 $ 5,574
Available-for-sale securities        
Taxable 246 331 811 949
Tax-exempt 33 27 98 81
Held-to-maturity securities—taxable 105 93 320 281
Other securities—taxable 12 11 36 30
Other 154 187 454 496
Total interest income 2,600 2,555 7,645 7,411
Interest expense:        
Deposits 830 945 2,462 2,709
Short-term borrowings 13 14 40 52
Long-term debt 251 245 744 700
Total interest expense 1,094 1,204 3,246 3,461
Net interest income 1,506 1,351 4,399 3,950
Provision for credit losses 122 106 340 313
Net interest income after provision for credit losses 1,384 1,245 4,059 3,637
Noninterest income:        
Noninterest income 628 523 1,593 1,481
Noninterest expense:        
Personnel costs 757 684 2,150 1,986
Outside data processing and other services 198 167 550 498
Equipment 66 65 201 197
Net occupancy 57 57 176 165
Marketing 34 33 91 88
Deposit and other insurance expense 9 15 66 94
Professional services 31 21 75 72
Amortization of intangibles 11 11 33 35
Lease financing equipment depreciation 4 4 10 12
Other noninterest expense 79 73 243 237
Total noninterest expense 1,246 1,130 3,595 3,384
Income before income taxes 766 638 2,057 1,734
Provision for income taxes 133 116 351 308
Income after income taxes 633 522 1,706 1,426
Income attributable to non-controlling interest 4 5 14 16
Net income attributable to Huntington 629 517 1,692 1,410
Dividends on preferred shares 27 36 81 107
Net income applicable to common shares $ 602 $ 481 $ 1,611 $ 1,303
Average common shares—basic (in shares) 1,459,129 1,452,682 1,456,979 1,450,794
Average common shares—diluted (in shares) 1,484,587 1,476,982 1,482,677 1,474,859
Per common share:        
Net income—basic (in usd per share) $ 0.41 $ 0.33 $ 1.11 $ 0.90
Net income—diluted (in usd per share) $ 0.41 $ 0.33 $ 1.09 $ 0.88
Non-controlling Interest        
Noninterest expense:        
Income after income taxes   $ 5 $ 14 $ 16
Payments and cash management revenue        
Noninterest income:        
Noninterest income $ 174 158 494 458
Wealth and asset management revenue        
Noninterest income:        
Noninterest income 104 93 307 271
Customer deposit and loan fees        
Noninterest income:        
Noninterest income 102 86 283 246
Capital markets and advisory fees        
Noninterest income:        
Noninterest income 94 78 245 207
Mortgage banking income        
Noninterest income:        
Noninterest income 43 38 102 99
Leasing revenue        
Noninterest income:        
Noninterest income 23 19 47 60
Insurance income        
Noninterest income:        
Noninterest income 20 18 59 55
Net gains (losses) on sales of securities        
Noninterest income:        
Noninterest income 0 0 (58) 0
Other noninterest income        
Noninterest income:        
Noninterest income $ 68 $ 33 $ 114 $ 85

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