v3.25.2
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest and fee income:        
Loans and leases $ 1,971 $ 1,859 $ 3,876 $ 3,668
Available-for-sale securities        
Taxable 278 322 565 618
Tax-exempt 31 27 65 54
Held-to-maturity securities—taxable 107 93 215 188
Other securities—taxable 12 10 24 19
Other 157 165 300 309
Total interest income 2,556 2,476 5,045 4,856
Interest expense:        
Deposits 822 907 1,632 1,764
Short-term borrowings 13 19 27 38
Long-term debt 254 238 493 455
Total interest expense 1,089 1,164 2,152 2,257
Net interest income 1,467 1,312 2,893 2,599
Provision for credit losses 103 100 218 207
Net interest income after provision for credit losses 1,364 1,212 2,675 2,392
Noninterest income:        
Noninterest income 471 491 965 958
Noninterest expense:        
Personnel costs 722 663 1,393 1,302
Outside data processing and other services 182 165 352 331
Equipment 68 62 135 132
Net occupancy 54 51 119 108
Marketing 28 27 57 55
Deposit and other insurance expense 20 25 57 79
Professional services 22 26 44 51
Amortization of intangibles 11 12 22 24
Lease financing equipment depreciation 2 4 6 8
Other noninterest expense 88 82 164 164
Total noninterest expense 1,197 1,117 2,349 2,254
Income before income taxes 638 586 1,291 1,096
Provision for income taxes 96 106 218 192
Income after income taxes 542 480 1,073 904
Income attributable to non-controlling interest 6 6 10 11
Net income attributable to Huntington 536 474 1,063 893
Dividends on preferred shares 27 35 54 71
Net income available to common shareholders, basic $ 509 $ 439 $ 1,009 $ 822
Average common shares—basic (in shares) 1,457,309 1,451,207 1,455,904 1,449,850
Average common shares—diluted (in shares) 1,480,996 1,474,259 1,481,541 1,473,797
Per common share:        
Net income—basic (in usd per share) $ 0.35 $ 0.30 $ 0.69 $ 0.57
Net income—diluted (in usd per share) $ 0.34 $ 0.30 $ 0.68 $ 0.56
Non-controlling Interest        
Noninterest expense:        
Income after income taxes   $ 6 $ 10 $ 11
Payments and cash management revenue        
Noninterest income:        
Noninterest income $ 165 154 320 300
Wealth and asset management revenue        
Noninterest income:        
Noninterest income 102 90 203 178
Customer deposit and loan fees        
Noninterest income:        
Noninterest income 95 83 181 160
Capital markets and advisory fees        
Noninterest income:        
Noninterest income 84 73 151 129
Mortgage banking income        
Noninterest income:        
Noninterest income 28 30 59 61
Leasing revenue        
Noninterest income:        
Noninterest income 10 19 24 41
Insurance income        
Noninterest income:        
Noninterest income 19 18 39 37
Other noninterest income        
Noninterest income:        
Noninterest income 26 24 46 52
Net gains (losses) on sales of securities        
Noninterest income:        
Noninterest income $ (58) $ 0 $ (58) $ 0

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