Exhibit

Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

June 30, 2019

Table of Contents



Quarterly Key Statistics	1

Year to Date Key Statistics	2

Consolidated Balance Sheets	4

Loans and Leases Composition	5

Deposits Composition	6

Consolidated Quarterly Average Balance Sheets	7

Consolidated Quarterly Net Interest Margin - Interest Income / Expense	8

Consolidated Quarterly Net Interest Margin - Yield	9

Selected Quarterly Income Statement Data	10

Quarterly Mortgage Banking Income	11

Quarterly Credit Reserves Analysis	12

Quarterly Net Charge-Off Analysis	13

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)	14

Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans	15

Quarterly Capital Under Current Regulatory Standards (Basel III) and Other Capital Data	16

Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data	17

Consolidated Year to Date Average Balance Sheets	18

Consolidated Year to Date Net Interest Margin - Interest Income / Expense	19

Consolidated Year to Date Net Interest Margin - Yield	20

Selected Year to Date Income Statement Data	21

Year to Date Mortgage Banking Income	22

Year to Date Credit Reserves Analysis	23

Year to Date Net Charge-Off Analysis	24

Year to Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)	25

Year to Date Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans	26

Notes:

The preparation of financial statement data in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions that affect amounts reported. Actual results could differ from those estimates. Certain prior period amounts have been reclassified to conform to the current period’s presentation.

Fully-Taxable Equivalent Basis

Interest income, yields, and ratios on a FTE basis are considered non-GAAP financial measures. Management believes net interest income on a FTE basis provides a more accurate picture of the interest margin for comparison purposes. The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The FTE basis assumes a federal statutory tax rate of 21 percent.

Non-Regulatory Capital Ratios

In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including:


•	Tangible common equity to tangible assets, and


•	Tangible common equity to risk-weighted assets using Basel III definition.

These non-regulatory capital ratios are viewed by management as useful additional methods of reflecting the level of capital available to withstand unexpected market conditions. Additionally, presentation of these ratios allows readers to compare the Company’s capitalization to other financial services companies. These ratios differ from capital ratios defined by banking regulators principally in that the numerator excludes preferred securities, the nature and extent of which varies among different financial services companies. These ratios are not defined in GAAP or federal banking regulations. As a result, these non-regulatory capital ratios disclosed by the Company may be considered non-GAAP financial measures.

Because there are no standardized definitions for these non-regulatory capital ratios, the Company’s calculation methods may differ from those used by other financial services companies. Also, there may be limits in the usefulness of these measures to investors. As a result, the Company encourages readers to consider the consolidated financial statements and other financial information contained in the related press release in their entirety, and not to rely on any single financial measure.

Huntington Bancshares Incorporated

Quarterly Key Statistics

(Unaudited)



	Three Months Ended
(dollar amounts in millions, except per data, share count in thousands)	June 30,			March 31,			June 30,			Percent Changes vs.
	2019			2019			2018			1Q19		2Q18
Net interest income (2)	$	819		$	829		$	791		(1	)%	4	%
FTE adjustment	(7		)	(7		)	(7		)	—		—
Net interest income	812			822			784			(1	)	4
Provision for credit losses	59			67			56			(12	)	5
Noninterest income	374			319			336			17		11
Noninterest expense	700			653			652			7		7
Income before income taxes	427			421			412			1		4
Provision for income taxes	63			63			57			—		11
Net income	364			358			355			2		3
Dividends on preferred shares	18			19			21			(5	)	(14	)
Net income applicable to common shares	$	346		$	339		$	334		2	%	4	%

Net income per common share - diluted	$	0.33		$	0.32		$	0.30		3	%	10	%
Cash dividends declared per common share	0.14			0.14			0.11			—		27
Tangible book value per common share at end of period	7.97			7.67			7.27			4		10
Number of common shares repurchased	11,344			1,833			—			519		100
Average common shares - basic	1,044,802			1,046,995			1,103,337			—		(5	)
Average common shares - diluted	1,060,280			1,065,638			1,122,612			(1	)	(6	)
Ending common shares outstanding	1,037,841			1,046,440			1,104,227			(1	)	(6	)
Return on average assets	1.36		%	1.35		%	1.36		%
Return on average common shareholders’ equity	13.5			13.8			13.2
Return on average tangible common shareholders’ equity (1)	17.7			18.3			17.6
Net interest margin (2)	3.31			3.39			3.29
Efficiency ratio (3)	57.6			55.8			56.6
Effective tax rate	14.6			15.0			13.8
Average total assets	$	107,479		$	107,511		$	104,821		—		3
Average earning assets	99,188			99,212			96,363			—		3
Average loans and leases	74,932			74,775			71,887			—		4
Average loans and leases - linked quarter annualized growth rate	0.8		%	5.2		%	8.0		%
Average total deposits	$	81,718		$	82,772		$	79,290		(1	)	3
Average core deposits (4)	78,723			79,033			75,386			—		4
Average core deposits - linked quarter annualized growth rate	(1.6		)%	(0.2		)%	10.9		%
Average shareholders’ equity	11,475			11,156			11,333			3		1
Average common total shareholders' equity	10,272			9,953			10,130			3		1
Average tangible common shareholders' equity	8,075			7,746			7,880			4		2
Total assets at end of period	108,247			108,203			105,358			—		3
Total shareholders’ equity at end of period	11,668			11,432			11,472			2		2

NCOs as a % of average loans and leases	0.25		%	0.38		%	0.16		%
NAL ratio	0.57			0.56			0.52
NPA ratio (5)	0.61			0.61			0.57
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period	1.03			1.02			1.02
Common equity tier 1 risk-based capital ratio (6)	9.88			9.84			10.53
Tangible common equity / tangible asset ratio (7)	7.80			7.57			7.78

See Notes to the Year to Date and Quarterly Key Statistics.

Huntington Bancshares Incorporated

Year to Date Key Statistics

(Unaudited)



	Six Months Ended June 30,						Change
(dollar amounts in millions, except per data, share count in thousands)	2019			2018			Amount			Percent
Net interest income (2)	$	1,648		$	1,568		$	80		5	%
FTE adjustment	(14		)	(14		)	—			—
Net interest income	1,634			1,554			80			5
Provision for credit losses	126			122			4			3
Noninterest income	693			650			43			7
Noninterest expense	1,353			1,285			68			5
Income before income taxes	848			797			51			6
Provision for income taxes	126			116			10			9
Net Income	722			681			41			6
Dividends on preferred shares	37			33			4			12
Net income applicable to common shares	$	685		$	648		$	37		6	%

Net income per common share - diluted	$	0.64		$	0.58		$	0.06		10	%
Cash dividends declared per common share	0.28			0.22			0.06			27

Average common shares - basic	1,045,899			1,093,587			(47,688		)	(4	)
Average common shares - diluted	1,062,959			1,123,646			(60,687		)	(5	)

Return on average assets	1.35		%	1.32		%
Return on average common shareholders’ equity	13.7			13.1
Return on average tangible common shareholders’ equity (1)	18.0			17.5
Net interest margin (2)	3.35			3.30
Efficiency ratio (3)	56.7			56.7
Effective tax rate	14.8			14.6

Average total assets	$	107,495		$	104,337		$	3,158		3
Average earning assets	99,200			95,890			3,310			3
Average loans and leases	74,853			71,190			3,663			5
Average total deposits	82,242			78,125			4,117			5
Average core deposits (4)	78,877			74,395			4,482			6
Average shareholders’ equity	11,317			11,095			222			2
Average common total shareholders' equity	10,113			9,963			150			2
Average tangible common shareholders' equity	7,912			7,708			204			3

NCOs as a % of average loans and leases	0.32		%	0.19		%
NAL ratio	0.57			0.52
NPA ratio (5)	0.61			0.57

See Notes to the Year to Date and Quarterly Key Statistics.

Key Statistics Footnotes

(1)

Net income applicable to common shares excluding expense for amortization of intangibles for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill. Expense for amortization of intangibles and average intangible assets are net of deferred tax liability, and calculated assuming a 21% tax rate.


(2)	On a fully-taxable equivalent (FTE) basis assuming a 21% tax rate.


(3)	Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding securities gains (losses).


(4)	Includes noninterest-bearing and interest-bearing demand deposits, money market deposits, savings and other domestic deposits, and core certificates of deposit.


(5)	NPAs include other real estate owned.


(6)	June 30, 2019, figures are estimated.


(7)	Tangible common equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets). Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate.

Huntington Bancshares Incorporated

Consolidated Balance Sheets



	June 30,			December 31,
(dollar amounts in millions)	2019			2018			Percent Changes
	(Unaudited)
Assets
Cash and due from banks	$	870		$	1,108		(21	)%
Interest-bearing deposits in Federal Reserve Bank	728			1,564			(53	)
Interest-bearing deposits in banks	149			53			181
Trading account securities	176			105			68
Available-for-sale securities	13,695			13,780			(1	)
Held-to-maturity securities	8,704			8,565			2
Other securities	440			565			(22	)
Loans held for sale	778			804			(3	)
Loans and leases (1)	75,033			74,900			—
Allowance for loan and lease losses	(774		)	(772		)	—
Net loans and leases	74,259			74,128			—
Bank owned life insurance	2,528			2,507			1
Premises and equipment	774			790			(2	)
Goodwill	1,990			1,989			—
Service rights and other intangible assets	481			535			(10	)
Other assets	2,675			2,288			17
Total assets	$	108,247		$	108,781		—	%

Liabilities and shareholders’ equity
Liabilities
Deposits (2)	$	80,882		$	84,774		(5	)%
Short-term borrowings	4,161			2,017			106
Long-term debt	8,973			8,625			4
Other liabilities	2,563			2,263			13
Total liabilities	96,579			97,679			(1	)

Shareholders' equity
Preferred stock	1,203			1,203			—
Common stock	10			11			(9	)
Capital surplus	9,030			9,181			(2	)
Less treasury shares, at cost	(52		)	(45		)	(16	)
Accumulated other comprehensive loss	(273		)	(609		)	55
Retained earnings (deficit)	1,750			1,361			29
Total shareholders’ equity	11,668			11,102			5
Total liabilities and shareholders’ equity	$	108,247		$	108,781		—	%

Common shares authorized (par value of $0.01)	1,500,000,000			1,500,000,000
Common shares outstanding	1,037,841,268			1,046,767,252
Treasury shares outstanding	4,299,339			3,817,385
Preferred stock, authorized shares	6,617,808			6,617,808
Preferred shares outstanding	740,500			740,500


(1)	See page 5 for detail of loans and leases.


(2)	See page 6 for detail of deposits.

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)



	June 30,				March 31,				December 31,				September 30,				June 30,
(dollar amounts in millions)	2019				2019				2018				2018				2018
Ending Balances by Type:
Total loans
Commercial:
Commercial and industrial	$	30,608	41	%	$	30,972	41	%	$	30,605	41	%	$	29,196	40	%	$	28,850	40	%
Commercial real estate:
Construction	1,146		1		1,152		2		1,185		2		1,111		2		1,083		1
Commercial	5,742		8		5,643		8		5,657		8		5,962		8		6,118		8
Commercial real estate	6,888		9		6,795		10		6,842		10		7,073		10		7,201		9
Total commercial	37,496		50		37,767		51		37,447		51		36,269		50		36,051		49
Consumer:
Automobile	12,173		16		12,272		16		12,429		16		12,375		17		12,390		17
Home equity	9,419		12		9,551		13		9,722		13		9,850		13		9,907		14
Residential mortgage	11,182		15		10,885		14		10,728		14		10,459		14		10,006		14
RV and marine	3,492		5		3,344		4		3,254		4		3,152		4		2,846		4
Other consumer	1,271		2		1,260		2		1,320		2		1,265		2		1,206		2
Total consumer	37,537		50		37,312		49		37,453		49		37,101		50		36,355		51
Total loans and leases	$	75,033	100	%	$	75,079	100	%	$	74,900	100	%	$	73,370	100	%	$	72,406	100	%



	June 30,					March 31,				December 31,				September 30,				June 30,
(dollar amounts in millions)	2019					2019				2018				2018				2018
Ending Balances by Business Segment:
Consumer and Business Banking	$	22,128		30	%	$	22,175	29	%	$	22,333	30	%	$	22,271	30	%	$	21,888	30	%
Commercial Banking	27,311			36		27,554		37		27,191		36		26,465		36		26,373		36
Vehicle Finance	19,417			26		19,332		26		19,434		26		18,880		26		18,569		26
RBHPCG	6,179			8		5,954		8		5,886		8		5,734		8		5,527		8
Treasury / Other	(2		)	—		64		—		56		—		20		—		49		—
Total loans and leases	$	75,033		100	%	$	75,079	100	%	$	74,900	100	%	$	73,370	100	%	$	72,406	100	%

Average Balances by Business Segment:
Consumer and Business Banking	$	22,139		30	%	$	22,241	30	%	$	22,321	30	%	$	22,049	30	%	$	21,653	31	%
Commercial Banking	27,350			36		27,174		36		26,405		36		26,322		36		26,505		37
Vehicle Finance	19,298			26		19,340		26		19,177		26		18,640		26		18,280		25
RBHPCG	6,054			8		5,920		8		5,793		8		5,641		8		5,355		7
Treasury / Other	91			—		100		—		126		—		99		—		94		—
Total loans and leases	$	74,932		100	%	$	74,775	100	%	$	73,822	100	%	$	72,751	100	%	$	71,887	100	%

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)



	June 30,				March 31,				December 31,				September 30,				June 30,
(dollar amounts in millions)	2019				2019				2018				2018				2018
Ending Balances by Type:
Demand deposits - noninterest-bearing	$	19,383	24	%	$	20,036	24	%	$	21,783	26	%	$	19,863	24	%	$	20,353	26	%
Demand deposits - interest-bearing	19,085		24		19,906		24		20,042		24		19,615		24		19,026		24
Money market deposits	23,952		30		22,931		28		22,721		27		21,411		26		20,990		26
Savings and other domestic deposits	9,803		12		10,277		13		10,451		12		11,604		14		10,987		14
Core certificates of deposit (1)	5,703		7		6,007		7		5,924		7		5,358		7		4,402		6
Total core deposits	77,926		97		79,157		96		80,921		96		77,851		95		75,758		96
Other domestic deposits of $250,000 or more	316		—		313		1		337		—		318		1		265		—
Brokered deposits and negotiable CDs	2,640		3		2,685		3		3,516		4		3,520		4		3,564		4
Total deposits	$	80,882	100	%	$	82,155	100	%	$	84,774	100	%	$	81,689	100	%	$	79,587	100	%
Total core deposits:
Commercial	$	33,371	43	%	$	33,546	42	%	$	37,268	46	%	$	35,455	46	%	$	34,094	45	%
Consumer	44,555		57		45,611		58		43,653		54		42,396		54		41,664		55
Total core deposits	$	77,926	100	%	$	79,157	100	%	$	80,921	100	%	$	77,851	100	%	$	75,758	100	%
Ending Balances by Business Segment:
Consumer and Business Banking	$	51,577	64	%	$	52,354	64	%	$	50,300	59	%	$	49,434	61	%	$	48,186	60	%
Commercial Banking	20,049		25		20,543		25		23,185		28		22,288		27		21,142		27
Vehicle Finance	339		—		327		—		346		—		348		—		340		—
RBHPCG	5,863		7		5,959		7		6,809		8		5,783		7		5,985		8
Treasury / Other (2)	3,054		4		2,972		4		4,134		5		3,836		5		3,934		5
Total deposits	$	80,882	100	%	$	82,155	100	%	$	84,774	100	%	$	81,689	100	%	$	79,587	100	%



	June 30,				March 31,				December 31,				September 30,				June 30,
(dollar amounts in millions)	2019				2019				2018				2018				2018
Average Balances by Business Segment:
Consumer and Business Banking	$	51,935	64	%	$	50,961	62	%	$	50,037	61	%	$	48,659	60	%	$	47,242	60	%
Commercial Banking	20,361		25		21,739		26		22,673		27		22,823		28		21,671		27
Vehicle Finance	322		—		305		—		335		—		337		—		328		—
RBHPCG	5,918		7		5,942		7		5,936		7		5,694		7		5,947		8
Treasury / Other (2)	3,182		4		3,825		5		3,950		5		3,985		5		4,102		5
Total deposits	$	81,718	100	%	$	82,772	100	%	$	82,931	100	%	$	81,498	100	%	$	79,290	100	%


(1)	Includes consumer certificates of deposit of $250,000 or more.


(2)	Comprised primarily of national market deposits.

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)



	Quarterly Average Balances (1)
	June 30,			March 31,			December 31,			September 30,			June 30,			Percent Changes vs.
(dollar amounts in millions)	2019			2019			2018			2018			2018			1Q19		2Q18
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	$	518		$	501		$	483		$	—		$	—		3	%	100	%
Interest-bearing deposits in banks	135			109			97			83			84			24		61
Securities:
Trading account securities	161			138			131			82			82			17		96
Available-for-sale securities:
Taxable	10,501			10,752			10,351			10,469			10,832			(2	)	(3	)
Tax-exempt	2,970			3,048			3,176			3,496			3,554			(3	)	(16	)
Total available-for-sale securities	13,471			13,800			13,527			13,965			14,386			(2	)	(6	)
Held-to-maturity securities - taxable	8,771			8,653			8,433			8,560			8,706			1		1
Other securities	466			536			565			567			599			(13	)	(22	)
Total securities	22,869			23,127			22,656			23,174			23,773			(1	)	(4	)
Loans held for sale	734			700			694			745			619			5		19
Loans and leases: (3)
Commercial:
Commercial and industrial	30,644			30,546			29,557			28,870			28,863			—		6
Commercial real estate:
Construction	1,168			1,174			1,138			1,132			1,126			(1	)	4
Commercial	5,732			5,686			5,806			6,019			6,233			1		(8	)
Commercial real estate	6,900			6,860			6,944			7,151			7,359			1		(6	)
Total commercial	37,544			37,406			36,501			36,021			36,222			—		4
Consumer:
Automobile	12,219			12,361			12,423			12,368			12,271			(1	)	—
Home equity	9,482			9,641			9,817			9,873			9,941			(2	)	(5	)
Residential mortgage	11,010			10,787			10,574			10,236			9,624			2		14
RV and marine	3,413			3,296			3,216			3,016			2,667			4		28
Other consumer	1,264			1,284			1,291			1,237			1,162			(2	)	9
Total consumer	37,388			37,369			37,321			36,730			35,665			—		5
Total loans and leases	74,932			74,775			73,822			72,751			71,887			—		4
Allowance for loan and lease losses	(778		)	(780		)	(777		)	(759		)	(742		)	—		(5	)
Net loans and leases	74,154			73,995			73,045			71,992			71,145			—		4
Total earning assets	99,188			99,212			97,752			96,753			96,363			—		3
Cash and due from banks	835			853			909			1,330			1,283			(2	)	(35	)
Intangible assets	2,252			2,265			2,288			2,305			2,318			(1	)	(3	)
All other assets	5,982			5,961			5,705			5,726			5,599			—		7
Total assets	$	107,479		$	107,511		$	105,877		$	105,355		$	104,821		—	%	3	%
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	19,693		$	19,770		$	19,860		$	19,553		$	19,121		—	%	3	%
Money market deposits	23,305			22,935			22,595			21,547			20,943			2		11
Savings and other domestic deposits	10,105			10,338			10,534			11,434			11,146			(2	)	(9	)
Core certificates of deposit (4)	5,860			6,052			5,705			4,916			3,794			(3	)	54
Other domestic deposits of $250,000 or more	310			335			346			285			243			(7	)	28
Brokered deposits and negotiable CDs	2,685			3,404			3,507			3,533			3,661			(21	)	(27	)
Total interest-bearing deposits	61,958			62,834			62,547			61,268			58,908			(1	)	5
Short-term borrowings	3,166			2,320			1,006			1,732			3,082			36		3
Long-term debt	8,914			8,979			8,871			8,915			9,225			(1	)	(3	)
Total interest-bearing liabilities	74,038			74,133			72,424			71,915			71,215			—		4
Demand deposits - noninterest-bearing	19,760			19,938			20,384			20,230			20,382			(1	)	(3	)
All other liabilities	2,206			2,284			2,180			2,054			1,891			(3	)	17
Shareholders’ equity	11,475			11,156			10,889			11,156			11,333			3		1
Total liabilities and shareholders’ equity	$	107,479		$	107,511		$	105,877		$	105,355		$	104,821		—	%	3	%


(1)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.


(2)	Deposits in Federal Reserve Bank were treated as non-earning assets prior to 4Q 2018.


(3)	Includes nonaccrual loans.


(4)	Includes consumer certificates of deposit of $250,000 or more.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Interest Income / Expense (1)(2)

(Unaudited)



	Quarterly Interest Income / Expense
	June 30,		March 31,		December 31,		September 30,		June 30,
(dollar amounts in millions)	2019		2019		2018		2018		2018
Assets
Interest-bearing deposits in Federal Reserve Bank (3)	$	3	$	3	$	3	$	—	$	—
Interest-bearing deposits in banks	—		1		1		—		1
Securities:
Trading account securities	1		1		1		—		—
Available-for-sale securities:
Taxable	72		76		70		69		71
Tax-exempt	27		28		33		30		30
Total available-for-sale securities	99		104		103		99		101
Held-to-maturity securities - taxable	56		54		52		52		53
Other securities	4		6		5		7		7
Total securities	160		165		161		158		161
Loans held for sale	7		7		7		8		6
Loans and leases:
Commercial:
Commercial and industrial	373		375		363		342		329
Commercial real estate:
Construction	17		16		16		15		15
Commercial	71		71		74		72		72
Commercial real estate	88		87		90		87		87
Total commercial	461		462		453		429		416
Consumer:
Automobile	123		120		122		117		111
Home equity	131		133		135		130		126
Residential mortgage	106		104		101		97		89
RV and marine	42		40		41		39		34
Other consumer	42		42		40		37		35
Total consumer	444		439		439		420		395
Total loans and leases	905		901		892		849		811
Total earning assets	$	1,075	$	1,077	$	1,064	$	1,015	$	979

Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	28	$	27	$	25	$	22	$	18
Money market deposits	67		59		52		42		31
Savings and other domestic deposits	6		6		5		7		6
Core certificates of deposit (4)	32		31		29		23		14
Other domestic deposits of $250,000 or more	1		2		1		1		1
Brokered deposits and negotiable CDs	16		20		20		17		17
Total interest-bearing deposits	150		145		132		112		87
Short-term borrowings	19		14		6		9		14
Long-term debt	87		89		85		84		87
Total interest bearing liabilities	256		248		223		205		188
Demand deposits - noninterest-bearing	—		—		—		—		—
Net interest income	$	819	$	829	$	841	$	810	$	791


(1)	Fully-taxable equivalent (FTE) income and expense calculated assuming a 21% tax rate. See page 10 for the FTE adjustment.


(2)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.


(3)	Deposits in Federal Reserve Bank were treated as non-earning assets prior to 4Q 2018 and associated interest income was not material.


(4)	Includes consumer certificates of deposit of $250,000 or more.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Yield

(Unaudited)



	Quarterly Average Rates (2)
	June 30,		March 31,		December 31,		September 30,		June 30,
Fully-taxable equivalent basis (1)	2019		2019		2018		2018		2018
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	2.38	%	2.40	%	2.33	%	—	%	—	%
Interest-bearing deposits in banks	2.08		1.75		1.97		1.95		1.95
Securities:
Trading account securities	1.92		2.03		1.94		0.26		0.23
Available-for-sale securities:
Taxable	2.73		2.82		2.71		2.61		2.63
Tax-exempt	3.66		3.69		4.12		3.53		3.35
Total available-for-sale securities	2.94		3.01		3.04		2.84		2.81
Held-to-maturity securities - taxable	2.54		2.52		2.45		2.43		2.42
Other securities	3.44		4.51		4.24		4.58		4.58
Total securities	2.79		2.86		2.84		2.73		2.71
Loans held for sale	4.00		4.07		4.04		4.45		4.17
Loans and leases: (4)
Commercial:
Commercial and industrial	4.82		4.91		4.81		4.64		4.52
Commercial real estate:
Construction	5.59		5.58		5.47		5.31		5.26
Commercial	4.88		5.00		4.99		4.63		4.58
Commercial real estate	5.00		5.10		5.07		4.74		4.68
Total commercial	4.85		4.94		4.86		4.66		4.55
Consumer:
Automobile	4.02		3.95		3.88		3.75		3.63
Home equity	5.56		5.61		5.45		5.21		5.09
Residential mortgage	3.84		3.86		3.82		3.78		3.69
RV and marine	4.94		4.96		5.10		5.06		5.11
Other consumer	13.29		13.07		12.35		12.16		11.90
Total consumer	4.76		4.75		4.67		4.54		4.43
Total loans and leases	4.80		4.85		4.76		4.60		4.49
Total earning assets	4.35		4.40		4.32		4.16		4.07
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	0.58		0.56		0.48		0.45		0.38
Money market deposits	1.15		1.04		0.91		0.77		0.60
Savings and other domestic deposits	0.23		0.23		0.23		0.24		0.21
Core certificates of deposit (5)	2.15		2.11		2.00		1.82		1.56
Other domestic deposits of $250,000 or more	1.92		1.82		1.67		1.40		1.01
Brokered deposits and negotiable CDs	2.39		2.38		2.22		1.98		1.81
Total interest-bearing deposits	0.97		0.94		0.84		0.73		0.59
Short-term borrowings	2.41		2.41		2.49		1.98		1.82
Long-term debt	3.91		3.98		3.82		3.78		3.75
Total interest-bearing liabilities	1.39		1.35		1.23		1.13		1.05
Demand deposits - noninterest-bearing	—		—		—		—		—
Net interest rate spread	2.96		3.05		3.09		3.03		3.02
Impact of noninterest-bearing funds on margin	0.35		0.34		0.32		0.29		0.27
Net interest margin	3.31	%	3.39	%	3.41	%	3.32	%	3.29	%



Commercial Loan Derivative Impact
(Unaudited)
	Average Rates
	2019		2019		2018		2018		2018
Fully-taxable equivalent basis (1)	Second		First		Fourth		Third		Second
Commercial loans (3)(4)	4.88	%	4.95	%	4.86	%	4.66	%	4.55	%
Impact of commercial loan derivatives	(0.03	)	(0.01	)	—		—		—
Total commercial - as reported	4.85	%	4.94	%	4.86	%	4.66	%	4.55	%

Average 1 Month LIBOR	2.44	%	2.50	%	2.35	%	2.11	%	1.97	%


(1)	Fully-taxable equivalent (FTE) yields are calculated assuming a 21% tax rate. See page 10 for the FTE adjustment.


(2)	Deposits in Federal Reserve Bank were treated as non-earning assets prior to 4Q 2018.


(3)	Yield/rates exclude the effects of hedge and risk management activities associated with the respective asset and liability categories.


(4)	Includes nonaccrual loans.


(5)	Includes consumer certificates of deposit of $250,000 or more.

Huntington Bancshares Incorporated

Selected Quarterly Income Statement Data

(Unaudited)



	Three Months Ended
(dollar amounts in millions, except per data, share count in thousands)	June 30,			March 31,		December 31,			September 30,			June 30,
	2019			2019		2018			2018			2018
Interest income	$	1,068		$	1,070	$	1,056		$	1,007		$	972
Interest expense	256			248		223			205			188
Net interest income	812			822		833			802			784
Provision for credit losses	59			67		60			53			56
Net interest income after provision for credit losses	753			755		773			749			728
Service charges on deposit accounts	92			87		94			93			91
Card and payment processing income	63			56		58			57			56
Trust and investment management services	43			44		42			43			42
Mortgage banking income	34			21		23			31			28
Capital markets fees	34			22		34			26			26
Insurance income	23			21		21			19			21
Bank owned life insurance income	15			16		16			19			17
Gain on sale of loans and leases	13			13		16			16			15
Securities gains (losses)	(2		)	—		(19		)	(2		)	—
Other income	59			39		44			40			40
Total noninterest income	374			319		329			342			336
Personnel costs	428			394		399			388			396
Outside data processing and other services	89			81		83			69			69
Net occupancy	38			42		70			38			35
Equipment	40			40		48			38			38
Deposit and other insurance expense	8			8		9			18			18
Professional services	12			12		17			17			15
Marketing	11			7		15			12			18
Amortization of intangibles	12			13		13			13			13
Other expense	62			56		57			58			50
Total noninterest expense	700			653		711			651			652
Income before income taxes	427			421		391			440			412
Provision for income taxes	63			63		57			62			57
Net income	364			358		334			378			355
Dividends on preferred shares	18			19		19			18			21
Net income applicable to common shares	$	346		$	339	$	315		$	360		$	334

Average common shares - basic	1,044,802			1,046,995		1,054,460			1,084,536			1,103,337
Average common shares - diluted	1,060,280			1,065,638		1,073,055			1,103,740			1,122,612

Per common share
Net income - basic	$	0.33		$	0.32	$	0.30		$	0.33		$	0.30
Net income - diluted	0.33			0.32		0.29			0.33			0.30
Cash dividends declared	0.14			0.14		0.14			0.14			0.11

Revenue - fully-taxable equivalent (FTE)
Net interest income	$	812		$	822	$	833		$	802		$	784
FTE adjustment	7			7		8			8			7
Net interest income (1)	819			829		841			810			791
Noninterest income	374			319		329			342			336
Total revenue (1)	$	1,193		$	1,148	$	1,170		$	1,152		$	1,127


(1)	On a fully-taxable equivalent (FTE) basis assuming a 21% tax rate.

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Noninterest Income

(Unaudited)



	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			Percent Changes vs.
(dollar amounts in millions)	2019			2019			2018			2018			2018			1Q19		2Q18
Net origination and secondary marketing income	$	30		$	17		$	16		$	24		$	21		76	%	43	%
Net mortgage servicing income
Loan servicing income	15			14			14			14			14			7		7
Amortization of capitalized servicing	(10		)	(9		)	(8		)	(9		)	(8		)	(11	)	(25	)
Operating income	5			5			6			5			6			—		(17	)
MSR valuation adjustment (1)	(19		)	(10		)	—			—			—			(90	)	(100	)
Gains (losses) due to MSR hedging	17			7			(1		)	—			—			143		100
Net MSR risk management	(2		)	(3		)	(1		)	—			—			33		(100	)
Total net mortgage servicing income	$	3		$	2		$	5		$	5		$	6		50	%	(50	)%
All other	1			2			2			2			1			(50	)	—
Mortgage banking income	$	34		$	21		$	23		$	31		$	28		62	%	21	%

Mortgage origination volume	$	1,922		$	1,235		$	1,538		$	1,818		$	2,127		56	%	(10	)%
Mortgage origination volume for sale	1,181			756			948			1,112			1,131			56		4

Third party mortgage loans serviced (2)	21,486			21,346			21,068			20,617			20,416			1		5
Mortgage servicing rights (2)	192			212			221			219			215			(9	)	(11	)
MSR % of investor servicing portfolio (2)	0.90		%	0.99		%	1.05		%	1.06		%	1.05		%	(9	)%	(14	)%


(1)	The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.


(2)	At period end.

Huntington Bancshares Incorporated

Quarterly Credit Reserves Analysis

(Unaudited)



	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Allowance for loan and lease losses, beginning of period	$	764		$	772		$	761		$	741		$	721
Loan and lease losses	(70		)	(97		)	(84		)	(58		)	(53		)
Recoveries of loans previously charged off	22			26			34			29			25
Net loan and lease losses	(48		)	(71		)	(50		)	(29		)	(28		)
Provision for loan and lease losses	58			63			61			49			48
Allowance for loan and lease losses, end of period	774			764			772			761			741
Allowance for unfunded loan commitments and letters of credit, beginning of period	100			96			97			93			85
Provision for (reduction in) unfunded loan commitments and letters of credit losses	1			4			(1		)	4			8
Allowance for unfunded loan commitments and letters of credit, end of period	101			100			96			97			93
Total allowance for credit losses, end of period	$	875		$	864		$	868		$	858		$	834
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.03		%	1.02		%	1.03		%	1.04		%	1.02		%
Nonaccrual loans and leases (NALs)	182			183			228			206			197
Nonperforming assets (NPAs)	168			166			200			189			180

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)



	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	21		$	31		$	13		$	(1	)	$	3
Commercial real estate:
Construction	(1		)	—			—			—			—
Commercial	(2		)	2			—			(3		)	(1		)
Commercial real estate	(3		)	2			—			(3		)	(1		)
Total commercial	18			33			13			(4		)	2
Consumer:
Automobile	5			10			9			8			7
Home equity	2			3			2			1			—
Residential mortgage	1			3			2			2			1
RV and marine	2			3			2			2			2
Other consumer	20			19			22			20			16
Total consumer	30			38			37			33			26
Total net charge-offs	$	48		$	71		$	50		$	29		$	28


	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,
	2019			2019			2018			2018			2018
Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial	0.27		%	0.41		%	0.17		%	(0.01		)%	0.04		%
Commercial real estate:
Construction	(0.08		)	(0.11		)	(0.09		)	(0.01		)	(0.22		)
Commercial	(0.12		)	0.12			—			(0.18		)	(0.06		)
Commercial real estate	(0.12		)	0.08			(0.01		)	(0.15		)	(0.08		)
Total commercial	0.20			0.35			0.14			(0.04		)	0.02
Consumer:
Automobile	0.17			0.32			0.30			0.26			0.22
Home equity	0.07			0.12			0.05			0.06			0.01
Residential mortgage	0.05			0.10			0.10			0.07			0.04
RV and marine	0.25			0.39			0.31			0.25			0.34
Other consumer	6.02			6.29			6.66			6.32			5.60
Total consumer	0.31			0.41			0.40			0.36			0.30
Net charge-offs as a % of average loans	0.25		%	0.38		%	0.27		%	0.16		%	0.16		%

Huntington Bancshares Incorporated

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)



	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	281		$	271		$	188		$	211		$	207
Commercial real estate	17			9			15			19			25
Automobile	4			4			5			5			4
Residential mortgage	62			68			69			67			73
RV and marine	1			1			1			1			1
Home equity	60			64			62			67			68
Other consumer	—			—			—			—			—
Total nonaccrual loans and leases	425			417			340			370			378
Other real estate, net:
Residential	10			14			19			22			23
Commercial	4			4			4			5			5
Total other real estate, net	14			18			23			27			28
Other NPAs (1)	21			26			24			6			6
Total nonperforming assets	$	460		$	461		$	387		$	403		$	412

Nonaccrual loans and leases as a % of total loans and leases	0.57		%	0.56		%	0.45		%	0.50		%	0.52		%
NPA ratio (2)	0.61			0.61			0.52			0.55			0.57
(NPA+90days)/(Loan+OREO) (3)	0.82			0.81			0.74			0.76			0.75



	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Nonperforming assets, beginning of period	$	461		$	387		$	403		$	412		$	420
New nonperforming assets	117			218			109			114			96
Returns to accruing status	(16		)	(33		)	(21		)	(24		)	(25		)
Loan and lease losses	(34		)	(46		)	(32		)	(29		)	(21		)
Payments	(54		)	(33		)	(66		)	(62		)	(53		)
Sales	(14		)	(32		)	(6		)	(8		)	(5		)
Nonperforming assets, end of period	$	460		$	461		$	387		$	403		$	412


(1)	Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.


(2)	Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.


(3)	The sum of nonperforming assets and total accruing loans and leases past due 90 days or more divided by the sum of loans and leases and other real estate.

Huntington Bancshares Incorporated

Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans

(Unaudited)



	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Accruing loans and leases past due 90 days or more:
Commercial and industrial	$	5		$	3		$	7		$	9		$	9
Commercial real estate	—			—			—			—			—
Automobile	7			6			8			7			6
Residential mortgage (excluding loans guaranteed by the U.S. Government)	27			25			32			28			18
RV and marine	1			2			1			1			1
Home equity	15			15			17			15			16
Other consumer	5			5			6			6			4
Total, excl. loans guaranteed by the U.S. Government	60			56			71			66			54
Add: loans guaranteed by U.S. Government	92			91			99			88			78
Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	152		$	147		$	170		$	154		$	132

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.08		%	0.07		%	0.09		%	0.09		%	0.07		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.12			0.12			0.13			0.12			0.11
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.20			0.20			0.23			0.21			0.18

Accruing troubled debt restructured loans:
Commercial and industrial	$	245		$	270		$	269		$	308		$	314
Commercial real estate	48			60			54			60			65
Automobile	37			37			35			34			32
Home equity	241			247			252			257			258
Residential mortgage	221			219			218			219			221
RV and marine	2			2			2			2			1
Other consumer	10			9			9			10			9
Total accruing troubled debt restructured loans	$	804		$	844		$	839		$	890		$	900

Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	88		$	86		$	97		$	100		$	87
Commercial real estate	6			6			6			8			14
Automobile	3			3			3			3			3
Home equity	26			28			28			28			28
Residential mortgage	43			43			44			46			46
RV and marine	1			1			—			1			1
Other consumer	—			—			—			—			—
Total nonaccruing troubled debt restructured loans	$	167		$	167		$	178		$	186		$	179

Huntington Bancshares Incorporated

Quarterly Capital Under Current Regulatory Standards (Basel III) and Other Capital Data

(Unaudited)



	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Common equity tier 1 risk-based capital ratio: (1)
Total shareholders’ equity	$	11,668		$	11,432		$	11,102		$	10,934		$	11,472
Regulatory capital adjustments:
Shareholders’ preferred equity	(1,207		)	(1,207		)	(1,207		)	(1,207		)	(1,207		)
Accumulated other comprehensive income offset	273			455			609			790			729
Goodwill and other intangibles, net of related taxes	(2,174		)	(2,187		)	(2,200		)	(2,226		)	(2,229		)
Deferred tax assets that arise from tax loss and credit carryforwards	(30		)	(31		)	(33		)	(28		)	(28		)
Common equity tier 1 capital	8,530			8,462			8,271			8,263			8,737
Additional tier 1 capital
Shareholders’ preferred equity	1,207			1,207			1,207			1,207			1,207
Other	—			1			—			—			—
Tier 1 capital	9,737			9,670			9,478			9,470			9,944
Long-term debt and other tier 2 qualifying instruments	727			736			776			839			809
Qualifying allowance for loan and lease losses	875			864			868			858			834
Tier 2 capital	1,602			1,600			1,644			1,697			1,643
Total risk-based capital	$	11,339		$	11,270		$	11,122		$	11,167		$	11,587
Risk-weighted assets (RWA)(1)	$	86,332		$	85,966		$	85,687		$	83,580		$	82,951
Common equity tier 1 risk-based capital ratio (1)	9.88		%	9.84		%	9.65		%	9.89		%	10.53		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	9.24			9.16			9.10			9.14			9.65
Tier 1 risk-based capital ratio (1)	11.28			11.25			11.06			11.33			11.99
Total risk-based capital ratio (1)	13.13			13.11			12.98			13.36			13.97
Non-regulatory capital data:
Tangible common equity / RWA ratio (1)	9.58			9.34			8.97			8.97			9.67


(1)	June 30, 2019, figures are estimated.

Huntington Bancshares Incorporated

Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data

(Unaudited)

Quarterly common stock summary



	June 30,		March 31,		December 31,		September 30,		June 30,
	2019		2019		2018		2018		2018
Dividends, per share
Cash dividends declared per common share	$	0.14	$	0.14	$	0.14	$	0.14	$	0.11
Common shares outstanding (000)
Average - basic	1,044,802		1,046,995		1,054,460		1,084,536		1,103,337
Average - diluted	1,060,280		1,065,638		1,073,055		1,103,740		1,122,612
Ending	1,037,841		1,046,440		1,046,767		1,061,529		1,104,227
Tangible book value per common share (1)	$	7.97	$	7.67	$	7.34	$	7.06	$	7.27
Common share repurchases (000)
Number of shares repurchased	11,344		1,833		14,967		43,670		—

Non-regulatory capital



	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2019			2019			2018			2018			2018
Calculation of tangible equity / asset ratio:
Total shareholders’ equity	$	11,668		$	11,432		$	11,102		$	10,934		$	11,472
Less: goodwill	(1,990		)	(1,990		)	(1,989		)	(1,993		)	(1,993		)
Less: other intangible assets	(257		)	(269		)	(281		)	(306		)	(319		)
Add: related deferred tax liability (1)	54			56			59			64			67
Total tangible equity	9,475			9,229			8,891			8,699			9,227
Less: preferred equity	(1,203		)	(1,203		)	(1,203		)	(1,203		)	(1,203		)
Total tangible common equity	$	8,272		$	8,026		$	7,688		$	7,496		$	8,024
Total assets	$	108,247		$	108,203		$	108,781		$	105,652		$	105,358
Less: goodwill	(1,990		)	(1,990		)	(1,989		)	(1,993		)	(1,993		)
Less: other intangible assets	(257		)	(269		)	(281		)	(306		)	(319		)
Add: related deferred tax liability (1)	54			56			59			64			67
Total tangible assets	$	106,054		$	106,000		$	106,570		$	103,417		$	103,113
Tangible equity / tangible asset ratio	8.93		%	8.71		%	8.34		%	8.41		%	8.95		%
Tangible common equity / tangible asset ratio	7.80			7.57			7.21			7.25			7.78
Other data:
Number of employees (Average full-time equivalent)	15,780			15,738			15,657			15,772			15,732
Number of domestic full-service branches (2)	868			898			954			970			968
ATM Count	1,687			1,727			1,774			1,860			1,831


(1)	Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate.


(2)	Includes Regional Banking and The Huntington Private Client Group offices.

Huntington Bancshares Incorporated

Consolidated Year To Date Average Balance Sheets

(Unaudited)



	YTD Average Balances (1)
	Six Months Ended June 30,						Change
(dollar amounts in millions)	2019			2018			Amount			Percent
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	$	510		$	—		$	510		100	%
Interest-bearing deposits in banks	122			87			35			40
Securities:
Trading account securities	149			84			65			77
Available-for-sale securities:
Taxable	10,626			10,994			(368		)	(3	)
Tax-exempt	3,008			3,593			(585		)	(16	)
Total available-for-sale securities	13,634			14,587			(953		)	(7	)
Held-to-maturity securities - taxable	8,713			8,791			(78		)	(1	)
Other securities	501			602			(101		)	(17	)
Total securities	22,997			24,064			(1,067		)	(4	)
Loans held for sale	717			549			168			31
Loans and leases: (3)
Commercial:
Commercial and industrial	30,595			28,555			2,040			7
Commercial real estate:
Construction	1,171			1,157			14			1
Commercial	5,710			6,188			(478		)	(8	)
Commercial real estate	6,881			7,345			(464		)	(6	)
Total commercial	37,476			35,900			1,576			4
Consumer:
Automobile	12,290			12,186			104			1
Home equity	9,561			9,986			(425		)	(4	)
Residential mortgage	10,899			9,401			1,498			16
RV and marine	3,355			2,574			781			30
Other consumer	1,273			1,143			130			11
Total consumer	37,378			35,290			2,088			6
Total loans and leases	74,854			71,190			3,664			5
Allowance for loan and lease losses	(779		)	(726		)	(53		)	(7	)
Net loans and leases	74,075			70,464			3,611			5
Total earning assets	99,200			95,890			3,310			3
Cash and due from banks	844			1,250			(406		)	(32	)
Intangible assets	2,258			2,325			(67		)	(3	)
All other assets	5,972			5,598			374			7
Total assets	$	107,495		$	104,337		3,158			3	%
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	19,746		$	18,877		$	869		5	%
Money market deposits	23,121			20,811			2,310			11
Savings and other domestic deposits	10,222			11,182			(960		)	(9	)
Core certificates of deposit (4)	5,955			3,048			2,907			95
Other domestic deposits of $250,000 or more	323			245			78			32
Brokered deposits and negotiable CDs	3,042			3,485			(443		)	(13	)
Total interest-bearing deposits	62,409			57,648			4,761			8
Short-term borrowings	2,745			4,149			(1,404		)	(34	)
Long-term debt	8,946			9,092			(146		)	(2	)
Total interest-bearing liabilities	74,100			70,889			3,211			5
Demand deposits - noninterest-bearing	19,833			20,477			(644		)	(3	)
All other liabilities	2,245			1,876			369			20
Shareholders’ equity	11,317			11,095			222			2
Total liabilities and shareholders’ equity	$	107,495		$	104,337		$	3,158		3	%


(1)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.


(2)	Deposits in Federal Reserve Bank were treated as non-earning assets prior to 4Q 2018.


(3)	Includes nonaccrual loans.


(4)	Includes consumer certificates of deposit of $250,000 or more.

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin - Interest Income / Expense (1)(2)

(Unaudited)



	YTD Interest Income / Expense
	Six Months Ended June 30,
(dollar amounts in millions)	2019		2018
Assets
Interest-bearing deposits in Federal Reserve Bank (3)	$	6	$	—
Interest-bearing deposits in banks	1		1
Securities:
Trading account securities	2		—
Available-for-sale securities:
Taxable	148		141
Tax-exempt	55		59
Total available-for-sale securities	203		200
Held-to-maturity securities - taxable	110		107
Other securities	10		13
Total securities	325		320
Loans held for sale	14		11
Loans and leases:
Commercial:
Commercial and industrial	748		632
Commercial real estate:
Construction	33		29
Commercial	142		137
Commercial real estate	175		166
Total commercial	923		798
Consumer:
Automobile	243		217
Home equity	264		247
Residential mortgage	210		173
RV and marine	82		65
Other consumer	84		68
Total consumer	883		770
Total loans and leases	1,806		1,568
Total earning assets	$	2,152	$	1,900
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	55	$	31
Money market deposits	126		54
Savings and other domestic deposits	12		12
Core certificates of deposit (4)	63		20
Other domestic deposits of $250,000 or more	3		1
Brokered deposits and negotiable CDs	36		29
Total interest-bearing deposits	295		147
Short-term borrowings	33		33
Long-term debt	176		152
Total interest-bearing liabilities	504		332
Demand deposits - noninterest-bearing	—		—
Net interest income	$	1,648	$	1,568


(1)	Fully-taxable equivalent (FTE) income and expense calculated assuming a 21% tax rate. See page 21 for the FTE adjustment.


(2)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.


(3)	Deposits in Federal Reserve Bank were treated as non-earning assets prior to 4Q 2018 and associated interest income was not material.


(4)	Includes consumer certificates of deposit of $250,000 or more.

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin - Yield

(Unaudited)



	YTD Average Rates (2)
	Six Months Ended June 30,
Fully-taxable equivalent basis (1)	2019		2018
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	2.39	%	—	%
Interest-bearing deposits in banks	1.93		1.96
Securities:
Trading account securities	1.97		0.19
Available-for-sale securities:
Taxable	2.78		2.57
Tax-exempt	3.68		3.26
Total available-for-sale securities	2.98		2.74
Held-to-maturity securities - taxable	2.53		2.44
Other securities	4.01		4.28
Total securities	2.82		2.67
Loans held for sale	4.04		4.02
Loans and leases: (4)
Commercial:
Commercial and industrial	4.87		4.40
Commercial real estate:
Construction	5.58		4.99
Commercial	4.94		4.41
Commercial real estate	5.05		4.50
Total commercial	4.90		4.42
Consumer:
Automobile	3.98		3.60
Home equity	5.57		4.99
Residential mortgage	3.85		3.68
RV and marine	4.95		5.11
Other consumer	13.27		11.80
Total consumer	4.75		4.39
Total loans and leases	4.83		4.41
Total earning assets	4.38	%	4.00	%
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	0.57	%	0.33	%
Money market deposits	1.10		0.52
Savings and other domestic deposits	0.23		0.20
Core certificates of deposit (5)	2.13		1.35
Other domestic deposits of $250,000 or more	1.87		0.85
Brokered deposits and negotiable CDs	2.39		1.65
Total interest-bearing deposits	0.95		0.51
Short-term borrowings	2.41		1.60
Long-term debt	3.95		3.34
Total interest-bearing liabilities	1.37		0.94
Demand deposits - noninterest-bearing	—		—
Net interest rate spread	3.01		3.06
Impact of noninterest-bearing funds on margin	0.34		0.24
Net interest margin	3.35	%	3.30	%



Commercial Loan Derivative Impact
(Unaudited)
	YTD Average Rates
	Six Months Ended June 30,
Fully-taxable equivalent basis (1)	2019		2018
Commercial loans (3)(4)	4.91	%	4.42	%
Impact of commercial loan derivatives	(0.01	)	—
Total commercial - as reported	4.90	%	4.42	%

Average 1 Month LIBOR	2.47	%	1.81	%


(1)	Fully-taxable equivalent (FTE) yields are calculated assuming a 21% tax rate. See page 21 for the FTE adjustment.


(2)	Deposits in Federal Reserve Bank were treated as non-earning assets prior to 4Q 2018.


(3)	Yield/rates exclude the effects of hedge and risk management activities associated with the respective asset and liability categories.


(4)	Includes the impact of nonaccrual loans.


(5)	Includes consumer certificates of deposit of $250,000 or more.

Huntington Bancshares Incorporated

Selected Year To Date Income Statement Data

(Unaudited)



	Six Months Ended June 30,					Change
(dollar amounts in millions, except per data, share count in thousands)	2019			2018		Amount			Percent
Interest income	$	2,138		$	1,886	$	252		13	%
Interest expense	504			332		172			52
Net interest income	1,634			1,554		80			5
Provision for credit losses	126			122		4			3
Net interest income after provision for credit losses	1,508			1,432		76			5
Service charges on deposit accounts	179			177		2			1
Card and payment processing income	119			109		10			9
Trust and investment management services	87			86		1			1
Mortgage banking income	55			54		1			2
Capital market fees	56			47		9			19
Insurance income	44			42		2			5
Bank owned life insurance income	31			32		(1		)	(3	)
Gain on sale of loans and leases	26			23		3			13
Securities gains (losses)	(2		)	—		(2		)	(100	)
Other income	98			80		18			23
Total noninterest income	693			650		43			7
Personnel costs	822			772		50			6
Outside data processing and other services	170			142		28			20
Net occupancy	80			76		4			5
Equipment	80			78		2			3
Deposit and other insurance expense	16			36		(20		)	(56	)
Professional services	24			26		(2		)	(8	)
Marketing	18			26		(8		)	(31	)
Amortization of intangibles	25			27		(2		)	(7	)
Other expense	118			102		16			16
Total noninterest expense	1,353			1,285		68			5
Income before income taxes	848			797		51			6
Provision for income taxes	126			116		10			9
Net income	722			681		41			6
Dividends on preferred shares	37			33		4			12
Net income applicable to common shares	$	685		$	648	$	37		6	%
Average common shares - basic	1,045,899			1,093,587		(48		)	(4	)
Average common shares - diluted	1,062,959			1,123,646		(61		)	(5	)
Per common share
Net income - basic	$	0.66		$	0.59	$	0.07		12	%
Net income - diluted	0.64			0.58		0.06			10
Cash dividends declared	0.28			0.22		0.06			27
Revenue - fully taxable equivalent (FTE)
Net interest income	$	1,634		$	1,554	$	80		5	%
FTE adjustment (1)	14			14		—			—
Net interest income	1,648			1,568		80			5
Noninterest income	693			650		43			7
Total revenue (1)	$	2,341		$	2,218	$	123		6	%


(1)	On a fully-taxable equivalent (FTE) basis assuming a 21% tax rate.

Huntington Bancshares Incorporated

Year To Date Mortgage Banking Noninterest Income

(Unaudited)



	Six Months Ended June 30,						Change
(dollar amounts in millions)	2019			2018			Amount			Percent
Net origination and secondary marketing income	$	47		$	39		8			21	%
Net mortgage servicing income
Loan servicing income	29			28			1			4
Amortization of capitalized servicing	(19		)	(16		)	(3		)	(19	)
Operating income	10			12			(2		)	(17	)
MSR valuation adjustment (1)	(29		)	7			(36		)	(514	)
Gains (losses) due to MSR hedging	24			(7		)	31			443
Net MSR risk management	(5		)	—			(5		)	—
Total net mortgage servicing income	$	5		$	12		$	(7	)	(58	)%
All other	3			3			—			—
Mortgage banking income	$	55		$	54		$	1		2	%

Mortgage origination volume	$	3,157		$	3,640		$	(483	)	(13	)%
Mortgage origination volume for sale	1,937			2,001			(64		)	(3	)

Third party mortgage loans serviced (2)	21,486			20,416			1,070			5
Mortgage servicing rights (2)	192			215			(23		)	(11	)
MSR % of investor servicing portfolio	0.90		%	1.05		%	(0.15		)%	(14	)%


(1)	The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.


(2)	At period end.

Huntington Bancshares Incorporated

Year To Date Credit Reserves Analysis

(Unaudited)



	Six Months Ended June 30,
(dollar amounts in millions)	2019			2018
Allowance for loan and lease losses, beginning of period	$	772		$	691
Loan and lease losses	(167		)	(126		)
Recoveries of loans previously charged off	48			60
Net loan and lease losses	(119		)	(66		)
Provision for loan and lease losses	121			116
Allowance for loan and lease losses, end of period	774			741
Allowance for unfunded loan commitments and letters of credit, beginning of period	$	96		$	87
Provision for (reduction in) unfunded loan commitments and letters of credit losses	5			6
Allowance for unfunded loan commitments and letters of credit, end of period	101			93
Total allowance for credit losses	$	875		$	834
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.03		%	1.02		%
Nonaccrual loans and leases (NALs)	182			197
Nonperforming assets (NPAs)	168			180

Huntington Bancshares Incorporated

Year To Date Net Charge-Off Analysis

(Unaudited)



	Six Months Ended June 30,
(dollar amounts in millions)	2019			2018
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	52		$	20
Commercial real estate:
Construction	(1		)	(1		)
Commercial	—			(14		)
Commercial real estate	(1		)	(15		)
Total commercial	51			5
Consumer:
Automobile	15			17
Home equity	5			3
Residential mortgage	4			2
RV and marine	5			5
Other consumer	39			34
Total consumer	68			61
Total net charge-offs	$	119		$	66


	Six Months Ended June 30,
	2019			2018
Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial	0.34		%	0.14		%
Commercial real estate:
Construction	(0.09		)	(0.20		)
Commercial	—			(0.42		)
Commercial real estate	(0.02		)	(0.39		)
Total commercial	0.27			0.03
Consumer:
Automobile	0.24			0.27
Home equity	0.10			0.06
Residential mortgage	0.08			0.04
RV and marine	0.32			0.38
Other consumer	6.08			6.02
Total consumer	0.36			0.34
Net charge-offs as a % of average loans	0.32		%	0.19		%

Huntington Bancshares Incorporated

Year To Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)



	June 30,
(dollar amounts in millions)	2019			2018
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	281		$	207
Commercial real estate	17			25
Automobile	4			4
Residential mortgage	62			73
RV and marine	1			1
Home equity	60			68
Other consumer	—			—
Total nonaccrual loans and leases	425			378
Other real estate, net:
Residential	10			23
Commercial	4			5
Total other real estate, net	14			28
Other NPAs (1)	21			6
Total nonperforming assets (3)	$	460		$	412

Nonaccrual loans and leases as a % of total loans and leases	0.57		%	0.52		%
NPA ratio (2)	0.61			0.57



	Six Months Ended June 30,
(dollar amounts in millions)	2019			2018
Nonperforming assets, beginning of period	$	387		$	389
New nonperforming assets	335			254
Returns to accruing status	(49		)	(48		)
Loan and lease losses	(80		)	(53		)
Payments	(87		)	(117		)
Sales and held-for-sale transfers	(46		)	(13		)
Nonperforming assets, end of period (2)	$	460		$	412


(1)	Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.


(2)	Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.


(3)	Nonaccruing troubled debt restructured loans are included in the total nonperforming assets balance.

Huntington Bancshares Incorporated

Year To Date Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans

(Unaudited)



	Six Months Ended June 30,
(dollar amounts in millions)	2019			2018
Accruing loans and leases past due 90 days or more:
Commercial and industrial	$	5		$	9
Commercial real estate	—			—
Automobile	7			6
Residential mortgage (excluding loans guaranteed by the U.S. Government)	27			18
RV and marine	1			1
Home equity	15			16
Other consumer	5			4
Total, excl. loans guaranteed by the U.S. Government	60			54
Add: loans guaranteed by U.S. Government	92			78
Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	152		$	132
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.08		%	0.07		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.12			0.11
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.20			0.18
Accruing troubled debt restructured loans:
Commercial and industrial	$	245		$	314
Commercial real estate	48			65
Automobile	37			32
Home equity	241			258
Residential mortgage	221			221
RV and marine	2			1
Other consumer	10			9
Total accruing troubled debt restructured loans	$	804		$	900
Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	88		$	87
Commercial real estate	6			14
Automobile	3			3
Home equity	26			28
Residential mortgage	43			46
RV and marine	1			1
Other consumer	—			—
Total nonaccruing troubled debt restructured loans	$	167		$	179