Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

September 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 share data, share count in thousands)	September 30,				June 30,				September 30,					Percent Changes vs.
	2019				2019				2018					2Q19			3Q18
Net interest income (2)	$	805			$	819			$	810				(2	)%		(1	)%
FTE adjustment	(6		)		(7		)		(8		)			14			25
Net interest income	799				812				802					(2	)		—
Provision for credit losses	82				59				53					39			55
Noninterest income	389				374				342					4			14
Noninterest expense	667				700				651					(5	)		2
Income before income taxes	439				427				440					3			—
Provision for income taxes	67				63				62					6			8
Net income	372				364				378					2			(2	)
Dividends on preferred shares	18				18				18					—			—
Net income applicable to common shares	$	354			$	346			$	360				2	%		(2	)%
Net income per common share - diluted	$	0.34			$	0.33			$	0.33				3	%		3	%
Cash dividends declared per common share	0.15				0.14				0.14					7			7
Tangible book value per common share at end of period	8.25				7.97				7.06					4			17
Number of common shares repurchased	5,213				11,344				43,670					(54	)		(88	)
Average common shares - basic	1,034,940				1,044,802				1,084,536					(1	)		(5	)
Average common shares - diluted	1,051,273				1,060,280				1,103,740					(1	)		(5	)
Ending common shares outstanding	1,032,755				1,037,841				1,061,529					—			(3	)
Return on average assets	1.37		%		1.36		%		1.42		%
Return on average common shareholders’ equity	13.4				13.5				14.3
Return on average tangible common shareholders’ equity (1)	17.3				17.7				19.0
Net interest margin (2)	3.20				3.31				3.32
Efficiency ratio (3)	54.7				57.6				55.3
Effective tax rate	15.4				14.6				14.1
Average total assets	$	108,166			$	107,479			$	105,355				1			3
Average earning assets	99,692				99,188				96,753					1			3
Average loans and leases	75,096				74,932				72,751					—			3
Average loans and leases - linked quarter annualized growth rate	0.9		%		0.8		%		4.8		%
Average total deposits	$	82,249			$	81,718			$	81,498				1			1
Average core deposits (4)	79,335				78,723				77,680					1			2
Average core deposits - linked quarter annualized growth rate	3.1		%		(1.6		)%		12.2		%
Average shareholders’ equity	11,714				11,475				11,156					2			5
Average common total shareholders' equity	10,510				10,272				9,953					2			6
Average tangible common shareholders' equity	8,323				8,075				7,713					3			8
Total assets at end of period	108,735				108,247				105,652					—			3
Total shareholders’ equity at end of period	11,909				11,668				10,934					2			9
NCOs as a % of average loans and leases	0.39		%		0.25		%		0.16		%
NAL ratio	0.58				0.57				0.50
NPA ratio (5)	0.64				0.61				0.55
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period	1.05				1.03				1.04
Common equity tier 1 risk-based capital ratio (6)	10.02				9.88				9.89
Tangible common equity / tangible asset ratio (7)	8.00				7.80				7.25

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

1

---

Huntington Bancshares Incorporated

Year to Date Key Statistics

(Unaudited)

	Nine Months Ended September 30,								Change
(dollar amounts in millions, except per share data, share count in thousands)	2019				2018				Amount				Percent
Net interest income (2)	$	2,453			$	2,378			$	75			3	%
FTE adjustment	(20		)		(22		)		2				9
Net interest income	2,433				2,356				77				3
Provision for credit losses	208				175				33				19
Noninterest income	1,082				992				90				9
Noninterest expense	2,020				1,936				84				4
Income before income taxes	1,287				1,237				50				4
Provision for income taxes	193				178				15				8
Net Income	1,094				1,059				35				3
Dividends on preferred shares	55				51				4				8
Net income applicable to common shares	$	1,039			$	1,008			$	31			3	%
Net income per common share - diluted	$	0.98			$	0.90			$	0.08			9	%
Cash dividends declared per common share	0.43				0.36				0.07				19
Average common shares - basic	1,042,246				1,090,570				(48,324		)		(4	)
Average common shares - diluted	1,059,064				1,116,978				(57,914		)		(5	)
Return on average assets	1.36		%		1.35		%
Return on average common shareholders’ equity	13.6				13.5
Return on average tangible common shareholders’ equity (1)	17.7				18.0
Net interest margin (2)	3.30				3.31
Efficiency ratio (3)	56.0				56.2
Effective tax rate	15.0				14.4
Average total assets	$	107,721			$	104,680			$	3,041			3
Average earning assets	99,366				96,182				3,184				3
Average loans and leases	74,936				71,716				3,220				4
Average total deposits	82,244				79,261				2,983				4
Average core deposits (4)	79,031				75,501				3,530				5
Average shareholders’ equity	11,450				11,116				334				3
Average common total shareholders' equity	10,247				9,959				288				3
Average tangible common shareholders' equity	8,050				7,710				340				4
NCOs as a % of average loans and leases	0.34		%		0.18		%
NAL ratio	0.58				0.50
NPA ratio (5)	0.64				0.55

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

2

---

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)	September 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.

3

---

Huntington Bancshares Incorporated

Consolidated Balance Sheets

	September 30,				December 31,
(dollar amounts in millions)	2019				2018				Percent Changes
	(Unaudited)
Assets
Cash and due from banks	$	1,018			$	1,108			(8	)%
Interest-bearing deposits in Federal Reserve Bank	618				1,564				(60	)
Interest-bearing deposits in banks	122				53				130
Trading account securities	118				105				12
Available-for-sale securities	14,286				13,780				4
Held-to-maturity securities	8,430				8,565				(2	)
Other securities	455				565				(19	)
Loans held for sale	1,064				804				32
Loans and leases (1)	74,892				74,900				—
Allowance for loan and lease losses	(783		)		(772		)		(1	)
Net loans and leases	74,109				74,128				—
Bank owned life insurance	2,532				2,507				1
Premises and equipment	775				790				(2	)
Goodwill	1,990				1,989				—
Service rights and other intangible assets	455				535				(15	)
Other assets	2,763				2,288				21
Total assets	$	108,735			$	108,781			—	%
Liabilities and shareholders’ equity
Liabilities
Deposits (2)	$	82,395			$	84,774			(3	)%
Short-term borrowings	2,173				2,017				8
Long-term debt	9,874				8,625				14
Other liabilities	2,384				2,263				5
Total liabilities	96,826				97,679				(1	)
Shareholders' equity
Preferred stock	1,203				1,203				—
Common stock	10				11				(9	)
Capital surplus	8,980				9,181				(2	)
Less treasury shares, at cost	(55		)		(45		)		(22	)
Accumulated other comprehensive loss	(175		)		(609		)		71
Retained earnings (deficit)	1,946				1,361				43
Total shareholders’ equity	11,909				11,102				7
Total liabilities and shareholders’ equity	$	108,735			$	108,781			—	%
Common shares authorized (par value of $0.01)	1,500,000,000				1,500,000,000
Common shares outstanding	1,032,755,207				1,046,767,252
Treasury shares outstanding	4,548,310				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.

4

---

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)

	September 30,							June 30,							March 31,							December 31,							September 30,
(dollar amounts in millions)	2019							2019							2019							2018							2018
Ending Balances by Type:
Total loans
Commercial:
Commercial and industrial	$	30,394			41	%		$	30,608			41	%		$	30,972			41	%		$	30,605			41	%		$	29,196			40	%
Commercial real estate:
Construction	1,157				2			1,146				1			1,152				2			1,185				2			1,111				2
Commercial	5,698				8			5,742				8			5,643				8			5,657				8			5,962				8
Commercial real estate	6,855				10			6,888				9			6,795				10			6,842				10			7,073				10
Total commercial	37,249				51			37,496				50			37,767				51			37,447				51			36,269				50
Consumer:
Automobile	12,292				15			12,173				16			12,272				16			12,429				16			12,375				17
Home equity	9,300				12			9,419				12			9,551				13			9,722				13			9,850				13
Residential mortgage	11,247				15			11,182				15			10,885				14			10,728				14			10,459				14
RV and marine	3,553				5			3,492				5			3,344				4			3,254				4			3,152				4
Other consumer	1,251				2			1,271				2			1,260				2			1,320				2			1,265				2
Total consumer	37,643				49			37,537				50			37,312				49			37,453				49			37,101				50
Total loans and leases	$	74,892			100	%		$	75,033			100	%		$	75,079			100	%		$	74,900			100	%		$	73,370			100	%

	September 30,							June 30,							March 31,							December 31,							September 30,
(dollar amounts in millions)	2019							2019							2019							2018							2018
Ending Balances by Business Segment:
Consumer and Business Banking	$	21,963			30	%		$	22,128			30	%		$	22,175			29	%		$	22,333			30	%		$	22,271			30	%
Commercial Banking	27,090				36			27,311				36			27,554				37			27,191				36			26,465				36
Vehicle Finance	19,484				26			19,417				26			19,332				26			19,434				26			18,880				26
RBHPCG	6,294				8			6,179				8			5,954				8			5,886				8			5,734				8
Treasury / Other	61				—			(2		)		—			64				—			56				—			20				—
Total loans and leases	$	74,892			100	%		$	75,033			100	%		$	75,079			100	%		$	74,900			100	%		$	73,370			100	%
Average Balances by Business Segment:
Consumer and Business Banking	$	22,092			30	%		$	22,139			30	%		$	22,241			30	%		$	22,321			30	%		$	22,049			30	%
Commercial Banking	27,295				36			27,350				36			27,174				36			26,405				36			26,322				36
Vehicle Finance	19,370				26			19,298				26			19,340				26			19,177				26			18,640				26
RBHPCG	6,237				8			6,054				8			5,920				8			5,793				8			5,641				8
Treasury / Other	102				—			91				—			100				—			126				—			99				—
Total loans and leases	$	75,096			100	%		$	74,932			100	%		$	74,775			100	%		$	73,822			100	%		$	72,751			100	%

5

---

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)

	September 30,							June 30,							March 31,							December 31,							September 30,
(dollar amounts in millions)	2019							2019							2019							2018							2018
Ending Balances by Type:
Demand deposits - noninterest-bearing	$	20,553			25	%		$	19,383			24	%		$	20,036			24	%		$	21,783			26	%		$	19,863			24	%
Demand deposits - interest-bearing	19,976				24			19,085				24			19,906				24			20,042				24			19,615				24
Money market deposits	23,977				29			23,952				30			22,931				28			22,721				27			21,411				26
Savings and other domestic deposits	9,566				12			9,803				12			10,277				13			10,451				12			11,604				14
Core certificates of deposit (1)	5,443				7			5,703				7			6,007				7			5,924				7			5,358				7
Total core deposits	79,515				97			77,926				97			79,157				96			80,921				96			77,851				95
Other domestic deposits of $250,000 or more	326				—			316				—			313				1			337				—			318				1
Brokered deposits and negotiable CDs	2,554				3			2,640				3			2,685				3			3,516				4			3,520				4
Total deposits	$	82,395			100	%		$	80,882			100	%		$	82,155			100	%		$	84,774			100	%		$	81,689			100	%
Total core deposits:
Commercial	$	35,247			44	%		$	33,371			43	%		$	33,546			42	%		$	37,268			46	%		$	35,455			46	%
Consumer	44,268				56			44,555				57			45,611				58			43,653				54			42,396				54
Total core deposits	$	79,515			100	%		$	77,926			100	%		$	79,157			100	%		$	80,921			100	%		$	77,851			100	%
Ending Balances by Business Segment:
Consumer and Business Banking	$	51,671			63	%		$	51,577			64	%		$	52,354			64	%		$	50,300			59	%		$	49,434			61	%
Commercial Banking	21,088				26			20,049				25			20,543				25			23,185				28			22,288				27
Vehicle Finance	363				—			339				—			327				—			346				—			348				—
RBHPCG	6,101				7			5,863				7			5,959				7			6,809				8			5,783				7
Treasury / Other (2)	3,172				4			3,054				4			2,972				4			4,134				5			3,836				5
Total deposits	$	82,395			100	%		$	80,882			100	%		$	82,155			100	%		$	84,774			100	%		$	81,689			100	%

	September 30,							June 30,							March 31,							December 31,							September 30,
(dollar amounts in millions)	2019							2019							2019							2018							2018
Average Balances by Business Segment:
Consumer and Business Banking	$	51,604			63	%		$	51,935			64	%		$	50,961			62	%		$	50,037			61	%		$	48,659			60	%
Commercial Banking	21,227				26			20,361				25			21,739				26			22,673				27			22,823				28
Vehicle Finance	359				—			322				—			305				—			335				—			337				—
RBHPCG	5,958				7			5,918				7			5,942				7			5,936				7			5,694				7
Treasury / Other (2)	3,101				4			3,182				4			3,825				5			3,950				5			3,985				5
Total deposits	$	82,249			100	%		$	81,718			100	%		$	82,772			100	%		$	82,931			100	%		$	81,498			100	%

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

(2)	Comprised primarily of national market deposits.

6

---

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)

	Quarterly Average Balances (1)
	September 30,				June 30,				March 31,				December 31,				September 30,					Percent Changes vs.
(dollar amounts in millions)	2019				2019				2019				2018				2018					2Q19			3Q18
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	$	514			$	518			$	501			$	483			$	—				(1	)%		100	%
Interest-bearing deposits in banks	149				135				109				97				83					10			80
Securities:
Trading account securities	137				161				138				131				82					(15	)		67
Available-for-sale securities:
Taxable	11,096				10,501				10,752				10,351				10,469					6			6
Tax-exempt	2,820				2,970				3,048				3,176				3,496					(5	)		(19	)
Total available-for-sale securities	13,916				13,471				13,800				13,527				13,965					3			—
Held-to-maturity securities - taxable	8,566				8,771				8,653				8,433				8,560					(2	)		—
Other securities	437				466				536				565				567					(6	)		(23	)
Total securities	23,056				22,869				23,127				22,656				23,174					1			(1	)
Loans held for sale	877				734				700				694				745					19			18
Loans and leases: (3)
Commercial:
Commercial and industrial	30,632				30,644				30,546				29,557				28,870					—			6
Commercial real estate:
Construction	1,165				1,168				1,174				1,138				1,132					—			3
Commercial	5,762				5,732				5,686				5,806				6,019					1			(4	)
Commercial real estate	6,927				6,900				6,860				6,944				7,151					—			(3	)
Total commercial	37,559				37,544				37,406				36,501				36,021					—			4
Consumer:
Automobile	12,181				12,219				12,361				12,423				12,368					—			(2	)
Home equity	9,353				9,482				9,641				9,817				9,873					(1	)		(5	)
Residential mortgage	11,214				11,010				10,787				10,574				10,236					2			10
RV and marine	3,528				3,413				3,296				3,216				3,016					3			17
Other consumer	1,261				1,264				1,284				1,291				1,237					—			2
Total consumer	37,537				37,388				37,369				37,321				36,730					—			2
Total loans and leases	75,096				74,932				74,775				73,822				72,751					—			3
Allowance for loan and lease losses	(799		)		(778		)		(780		)		(777		)		(759		)			(3	)		(5	)
Net loans and leases	74,297				74,154				73,995				73,045				71,992					—			3
Total earning assets	99,692				99,188				99,212				97,752				96,753					1			3
Cash and due from banks	817				835				853				909				1,330					(2	)		(39	)
Intangible assets	2,240				2,252				2,265				2,288				2,305					(1	)		(3	)
All other assets	6,216				5,982				5,961				5,705				5,726					4			9
Total assets	$	108,166			$	107,479			$	107,511			$	105,877			$	105,355				1	%		3	%
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	19,796			$	19,693			$	19,770			$	19,860			$	19,553				1	%		1	%
Money market deposits	24,266				23,305				22,935				22,595				21,547					4			13
Savings and other domestic deposits	9,681				10,105				10,338				10,534				11,434					(4	)		(15	)
Core certificates of deposit (4)	5,666				5,860				6,052				5,705				4,916					(3	)		15
Other domestic deposits of $250,000 or more	315				310				335				346				285					2			11
Brokered deposits and negotiable CDs	2,599				2,685				3,404				3,507				3,533					(3	)		(26	)
Total interest-bearing deposits	62,323				61,958				62,834				62,547				61,268					1			2
Short-term borrowings	2,331				3,166				2,320				1,006				1,732					(26	)		35
Long-term debt	9,536				8,914				8,979				8,871				8,915					7			7
Total interest-bearing liabilities	74,190				74,038				74,133				72,424				71,915					—			3
Demand deposits - noninterest-bearing	19,926				19,760				19,938				20,384				20,230					1			(2	)
All other liabilities	2,336				2,206				2,284				2,180				2,054					6			14
Shareholders’ equity	11,714				11,475				11,156				10,889				11,156					2			5
Total liabilities and shareholders’ equity	$	108,166			$	107,479			$	107,511			$	105,877			$	105,355				1	%		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.

7

---

Huntington Bancshares Incorporated

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

(Unaudited)

	Quarterly Interest Income / Expense
	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Assets
Interest-bearing deposits in Federal Reserve Bank (3)	$	3			$	3			$	3			$	3			$	—
Interest-bearing deposits in banks	1				—				1				1				—
Securities:
Trading account securities	—				1				1				1				—
Available-for-sale securities:
Taxable	74				72				76				70				69
Tax-exempt	26				27				28				33				30
Total available-for-sale securities	100				99				104				103				99
Held-to-maturity securities - taxable	54				56				54				52				52
Other securities	3				4				6				5				7
Total securities	157				160				165				161				158
Loans held for sale	9				7				7				7				8
Loans and leases:
Commercial:
Commercial and industrial	358				373				375				363				342
Commercial real estate:
Construction	16				17				16				16				15
Commercial	68				71				71				74				72
Commercial real estate	84				88				87				90				87
Total commercial	442				461				462				453				429
Consumer:
Automobile	126				123				120				122				117
Home equity	127				131				133				135				130
Residential mortgage	107				106				104				101				97
RV and marine	44				42				40				41				39
Other consumer	42				42				42				40				37
Total consumer	446				444				439				439				420
Total loans and leases	888				905				901				892				849
Total earning assets	$	1,058			$	1,075			$	1,077			$	1,064			$	1,015
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	29			$	28			$	27			$	25			$	22
Money market deposits	73				67				59				52				42
Savings and other domestic deposits	5				6				6				5				7
Core certificates of deposit (4)	31				32				31				29				23
Other domestic deposits of $250,000 or more	1				1				2				1				1
Brokered deposits and negotiable CDs	15				16				20				20				17
Total interest-bearing deposits	154				150				145				132				112
Short-term borrowings	13				19				14				6				9
Long-term debt	86				87				89				85				84
Total interest bearing liabilities	253				256				248				223				205
Demand deposits - noninterest-bearing	—				—				—				—				—
Net interest income	$	805			$	819			$	829			$	841			$	810

(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.

8

---

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Yield

(Unaudited)

	Quarterly Average Rates (2)
	September 30,			June 30,			March 31,			December 31,			September 30,
Fully-taxable equivalent basis (1)	2019			2019			2019			2018			2018
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	2.19	%		2.38	%		2.40	%		2.33	%		—	%
Interest-bearing deposits in banks	2.38			2.08			1.75			1.97			1.95
Securities:
Trading account securities	2.36			1.92			2.03			1.94			0.26
Available-for-sale securities:
Taxable	2.67			2.73			2.82			2.71			2.61
Tax-exempt	3.63			3.66			3.69			4.12			3.53
Total available-for-sale securities	2.87			2.94			3.01			3.04			2.84
Held-to-maturity securities - taxable	2.51			2.54			2.52			2.45			2.43
Other securities	3.15			3.44			4.51			4.24			4.58
Total securities	2.74			2.79			2.86			2.84			2.73
Loans held for sale	3.69			4.00			4.07			4.04			4.45
Loans and leases: (4)
Commercial:
Commercial and industrial	4.57			4.82			4.91			4.81			4.64
Commercial real estate:
Construction	5.50			5.59			5.58			5.47			5.31
Commercial	4.67			4.88			5.00			4.99			4.63
Commercial real estate	4.81			5.00			5.10			5.07			4.74
Total commercial	4.61			4.85			4.94			4.86			4.66
Consumer:
Automobile	4.09			4.02			3.95			3.88			3.75
Home equity	5.38			5.56			5.61			5.45			5.21
Residential mortgage	3.80			3.84			3.86			3.82			3.78
RV and marine	4.96			4.94			4.96			5.10			5.06
Other consumer	13.34			13.29			13.07			12.35			12.16
Total consumer	4.72			4.76			4.75			4.67			4.54
Total loans and leases	4.67			4.80			4.85			4.76			4.60
Total earning assets	4.21			4.35			4.40			4.32			4.16
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	0.57			0.58			0.56			0.48			0.45
Money market deposits	1.20			1.15			1.04			0.91			0.77
Savings and other domestic deposits	0.22			0.23			0.23			0.23			0.24
Core certificates of deposit (5)	2.17			2.15			2.11			2.00			1.82
Other domestic deposits of $250,000 or more	1.85			1.92			1.82			1.67			1.40
Brokered deposits and negotiable CDs	2.21			2.39			2.38			2.22			1.98
Total interest-bearing deposits	0.98			0.97			0.94			0.84			0.73
Short-term borrowings	2.28			2.41			2.41			2.49			1.98
Long-term debt	3.59			3.91			3.98			3.82			3.78
Total interest-bearing liabilities	1.36			1.39			1.35			1.23			1.13
Demand deposits - noninterest-bearing	—			—			—			—			—
Net interest rate spread	2.85			2.96			3.05			3.09			3.03
Impact of noninterest-bearing funds on margin	0.35			0.35			0.34			0.32			0.29
Net interest margin	3.20	%		3.31	%		3.39	%		3.41	%		3.32	%

Commercial Loan Derivative Impact
(Unaudited)
	Average Rates
	2019			2019			2019			2018			2018
Fully-taxable equivalent basis (1)	Third			Second			First			Fourth			Third
Commercial loans (3)(4)	4.70	%		4.88	%		4.95	%		4.86	%		4.66	%
Impact of commercial loan derivatives	(0.09	)		(0.03	)		(0.01	)		—			—
Total commercial - as reported	4.61	%		4.85	%		4.94	%		4.86	%		4.66	%
Average 1 Month LIBOR	2.18	%		2.44	%		2.50	%		2.35	%		2.11	%

(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.

9

---

Huntington Bancshares Incorporated

Selected Quarterly Income Statement Data

(Unaudited)

	Three Months Ended
(dollar amounts in millions, except per share data, share count in thousands)	September 30,				June 30,				March 31,				December 31,				September 30,
	2019				2019				2019				2018				2018
Interest income	$	1,052			$	1,068			$	1,070			$	1,056			$	1,007
Interest expense	253				256				248				223				205
Net interest income	799				812				822				833				802
Provision for credit losses	82				59				67				60				53
Net interest income after provision for credit losses	717				753				755				773				749
Service charges on deposit accounts	98				92				87				94				93
Card and payment processing income	64				63				56				58				57
Trust and investment management services	44				43				44				42				43
Mortgage banking income	54				34				21				23				31
Capital markets fees	36				34				22				34				26
Insurance income	20				23				21				21				19
Bank owned life insurance income	18				15				16				16				19
Gain on sale of loans and leases	13				13				13				16				16
Securities gains (losses)	—				(2		)		—				(19		)		(2		)
Other income	42				59				39				44				40
Total noninterest income	389				374				319				329				342
Personnel costs	406				428				394				399				388
Outside data processing and other services	87				89				81				83				69
Net occupancy	38				38				42				70				38
Equipment	41				40				40				48				38
Deposit and other insurance expense	8				8				8				9				18
Professional services	16				12				12				17				17
Marketing	10				11				7				15				12
Amortization of intangibles	12				12				13				13				13
Other expense	49				62				56				57				58
Total noninterest expense	667				700				653				711				651
Income before income taxes	439				427				421				391				440
Provision for income taxes	67				63				63				57				62
Net income	372				364				358				334				378
Dividends on preferred shares	18				18				19				19				18
Net income applicable to common shares	$	354			$	346			$	339			$	315			$	360
Average common shares - basic	1,034,940				1,044,802				1,046,995				1,054,460				1,084,536
Average common shares - diluted	1,051,273				1,060,280				1,065,638				1,073,055				1,103,740
Per common share
Net income - basic	$	0.34			$	0.33			$	0.32			$	0.30			$	0.33
Net income - diluted	0.34				0.33				0.32				0.29				0.33
Cash dividends declared	0.15				0.14				0.14				0.14				0.14
Revenue - fully-taxable equivalent (FTE)
Net interest income	$	799			$	812			$	822			$	833			$	802
FTE adjustment	6				7				7				8				8
Net interest income (1)	805				819				829				841				810
Noninterest income	389				374				319				329				342
Total revenue (1)	$	1,194			$	1,193			$	1,148			$	1,170			$	1,152

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

10

---

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Noninterest Income

(Unaudited)

	Three Months Ended
	September 30,				June 30,				March 31,				December 31,				September 30,					Percent Changes vs.
(dollar amounts in millions)	2019				2019				2019				2018				2018					2Q19			3Q18
Net origination and secondary marketing income	$	42			$	30			$	17			$	16			$	24				40	%		75	%
Net mortgage servicing income
Loan servicing income	15				15				14				14				14					—			7
Amortization of capitalized servicing	(13		)		(10		)		(9		)		(8		)		(9		)			(30	)		(44	)
Operating income	2				5				5				6				5					(60	)		(60	)
MSR valuation adjustment (1)	(11		)		(19		)		(10		)		—				—					42			(100	)
Gains (losses) due to MSR hedging	19				17				7				(1		)		—					12			100
Net MSR risk management	8				(2		)		(3		)		(1		)		—					500			100
Total net mortgage servicing income	$	10			$	3			$	2			$	5			$	5				233	%		100	%
All other	2				1				2				2				2					100			—
Mortgage banking income	$	54			$	34			$	21			$	23			$	31				59	%		74	%
Mortgage origination volume	$	2,097			$	1,922			$	1,235			$	1,538			$	1,818				9	%		15	%
Mortgage origination volume for sale	1,483				1,181				756				948				1,112					26			33
Third party mortgage loans serviced (2)	21,674				21,486				21,346				21,068				20,617					1			5
Mortgage servicing rights (2)	180				192				212				221				219					(6	)		(18	)
MSR % of investor servicing portfolio (2)	0.83		%		0.90		%		0.99		%		1.05		%		1.06		%			(8	)%		(22	)%

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

(2)	At period end.

11

---

Huntington Bancshares Incorporated

Quarterly Credit Reserves Analysis

(Unaudited)

	Three Months Ended
	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Allowance for loan and lease losses, beginning of period	$	774			$	764			$	772			$	761			$	741
Loan and lease losses	(102		)		(70		)		(97		)		(84		)		(58		)
Recoveries of loans previously charged off	29				22				26				34				29
Net loan and lease losses	(73		)		(48		)		(71		)		(50		)		(29		)
Provision for loan and lease losses	82				58				63				61				49
Allowance for loan and lease losses, end of period	783				774				764				772				761
Allowance for unfunded loan commitments and letters of credit, beginning of period	101				100				96				97				93
Provision for (reduction in) unfunded loan commitments and letters of credit losses	—				1				4				(1		)		4
Allowance for unfunded loan commitments and letters of credit, end of period	101				101				100				96				97
Total allowance for credit losses, end of period	$	884			$	875			$	864			$	868			$	858
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.05		%		1.03		%		1.02		%		1.03		%		1.04		%
Nonaccrual loans and leases (NALs)	179				182				183				228				206
Nonperforming assets (NPAs)	163				168				166				200				189

12

---

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)

	Three Months Ended
	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	40			$	21			$	31			$	13			$	(1	)
Commercial real estate:
Construction	(1		)		(1		)		—				—				—
Commercial	(1		)		(2		)		2				—				(3		)
Commercial real estate	(2		)		(3		)		2				—				(3		)
Total commercial	38				18				33				13				(4		)
Consumer:
Automobile	8				5				10				9				8
Home equity	2				2				3				2				1
Residential mortgage	1				1				3				2				2
RV and marine	2				2				3				2				2
Other consumer	22				20				19				22				20
Total consumer	35				30				38				37				33
Total net charge-offs	$	73			$	48			$	71			$	50			$	29
	Three Months Ended
	September 30,				June 30,				March 31,				December 31,				September 30,
	2019				2019				2019				2018				2018
Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial	0.52		%		0.27		%		0.41		%		0.17		%		(0.01		)%
Commercial real estate:
Construction	(0.40		)		(0.08		)		(0.11		)		(0.09		)		(0.01		)
Commercial	(0.09		)		(0.12		)		0.12				—				(0.18		)
Commercial real estate	(0.14		)		(0.12		)		0.08				(0.01		)		(0.15		)
Total commercial	0.40				0.20				0.35				0.14				(0.04		)
Consumer:
Automobile	0.26				0.17				0.32				0.30				0.26
Home equity	0.11				0.07				0.12				0.05				0.06
Residential mortgage	0.03				0.05				0.10				0.10				0.07
RV and marine	0.23				0.25				0.39				0.31				0.25
Other consumer	7.07				6.02				6.29				6.66				6.32
Total consumer	0.38				0.31				0.41				0.40				0.36
Net charge-offs as a % of average loans	0.39		%		0.25		%		0.38		%		0.27		%		0.16		%

13

---

Huntington Bancshares Incorporated

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

(Unaudited)

	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	291			$	281			$	271			$	188			$	211
Commercial real estate	12				17				9				15				19
Automobile	5				4				4				5				5
Home equity	60				60				64				62				67
Residential mortgage	69				62				68				69				67
RV and marine	1				1				1				1				1
Other consumer	—				—				—				—				—
Total nonaccrual loans and leases	438				425				417				340				370
Other real estate, net:
Residential	10				10				14				19				22
Commercial	2				4				4				4				5
Total other real estate, net	12				14				18				23				27
Other NPAs (1)	32				21				26				24				6
Total nonperforming assets	$	482			$	460			$	461			$	387			$	403
Nonaccrual loans and leases as a % of total loans and leases	0.58		%		0.57		%		0.56		%		0.45		%		0.50		%
NPA ratio (2)	0.64				0.61				0.61				0.52				0.55
(NPA+90days)/(Loan+OREO) (3)	0.86				0.82				0.81				0.74				0.76

	Three Months Ended
	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Nonperforming assets, beginning of period	$	460			$	461			$	387			$	403			$	412
New nonperforming assets	165				117				218				109				114
Returns to accruing status	(24		)		(16		)		(33		)		(21		)		(24		)
Loan and lease losses	(66		)		(34		)		(46		)		(32		)		(29		)
Payments	(38		)		(54		)		(33		)		(66		)		(62		)
Sales	(15		)		(14		)		(32		)		(6		)		(8		)
Nonperforming assets, end of period	$	482			$	460			$	461			$	387			$	403

(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.

14

---

Huntington Bancshares Incorporated

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

(Unaudited)

	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Accruing loans and leases past due 90+ days:
Commercial and industrial	$	9			$	5			$	3			$	7			$	9
Commercial real estate	—				—				—				—				—
Automobile	8				7				6				8				7
Home equity	13				15				15				17				15
Residential mortgage (excluding loans guaranteed by the U.S. Government)	23				27				25				32				28
RV and marine	1				1				2				1				1
Other consumer	7				5				5				6				6
Total, excl. loans guaranteed by the U.S. Government	61				60				56				71				66
Add: loans guaranteed by U.S. Government	102				92				91				99				88
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government	$	163			$	152			$	147			$	170			$	154
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.08		%		0.08		%		0.07		%		0.09		%		0.09		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.14				0.12				0.12				0.13				0.12
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.22				0.20				0.20				0.23				0.21
Accruing troubled debt restructured loans:
Commercial and industrial	$	225			$	245			$	270			$	269			$	308
Commercial real estate	40				48				60				54				60
Automobile	39				37				37				35				34
Home equity	233				241				247				252				257
Residential mortgage	221				221				219				218				219
RV and marine	3				2				2				2				2
Other consumer	10				10				9				9				10
Total accruing troubled debt restructured loans	$	771			$	804			$	844			$	839			$	890
Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	84			$	88			$	86			$	97			$	100
Commercial real estate	6				6				6				6				8
Automobile	3				3				3				3				3
Home equity	26				26				28				28				28
Residential mortgage	44				43				43				44				46
RV and marine	1				1				1				—				1
Other consumer	—				—				—				—				—
Total nonaccruing troubled debt restructured loans	$	164			$	167			$	167			$	178			$	186

15

---

Huntington Bancshares Incorporated

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

(Unaudited)

	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Common equity tier 1 risk-based capital ratio: (1)
Total shareholders’ equity	$	11,909			$	11,668			$	11,432			$	11,102			$	10,934
Regulatory capital adjustments:
Shareholders’ preferred equity	(1,207		)		(1,207		)		(1,207		)		(1,207		)		(1,207		)
Accumulated other comprehensive income offset	175				273				455				609				790
Goodwill and other intangibles, net of related taxes	(2,162		)		(2,174		)		(2,187		)		(2,200		)		(2,226		)
Deferred tax assets that arise from tax loss and credit carryforwards	(30		)		(30		)		(31		)		(33		)		(28		)
Common equity tier 1 capital	8,685				8,530				8,462				8,271				8,263
Additional tier 1 capital
Shareholders’ preferred equity	1,207				1,207				1,207				1,207				1,207
Other	1				—				1				—				—
Tier 1 capital	9,893				9,737				9,670				9,478				9,470
Long-term debt and other tier 2 qualifying instruments	750				727				736				776				839
Qualifying allowance for loan and lease losses	884				875				864				868				858
Tier 2 capital	1,634				1,602				1,600				1,644				1,697
Total risk-based capital	$	11,527			$	11,339			$	11,270			$	11,122			$	11,167
Risk-weighted assets (RWA)(1)	$	86,719			$	86,332			$	85,966			$	85,687			$	83,580
Common equity tier 1 risk-based capital ratio (1)	10.02		%		9.88		%		9.84		%		9.65		%		9.89		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	9.34				9.24				9.16				9.10				9.14
Tier 1 risk-based capital ratio (1)	11.41				11.28				11.25				11.06				11.33
Total risk-based capital ratio (1)	13.29				13.13				13.11				12.98				13.36
Non-regulatory capital data:
Tangible common equity / RWA ratio (1)	9.83				9.58				9.34				8.97				8.97

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

16

---

Huntington Bancshares Incorporated

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

(Unaudited)

Quarterly common stock summary

	September 30,				June 30,				March 31,				December 31,				September 30,
	2019				2019				2019				2018				2018
Dividends, per share
Cash dividends declared per common share	$	0.15			$	0.14			$	0.14			$	0.14			$	0.14
Common shares outstanding (000)
Average - basic	1,034,940				1,044,802				1,046,995				1,054,460				1,084,536
Average - diluted	1,051,273				1,060,280				1,065,638				1,073,055				1,103,740
Ending	1,032,755				1,037,841				1,046,440				1,046,767				1,061,529
Tangible book value per common share (1)	$	8.25			$	7.97			$	7.67			$	7.34			$	7.06
Common share repurchases (000)
Number of shares repurchased	5,213				11,344				1,833				14,967				43,670

Non-regulatory capital

	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2019				2019				2019				2018				2018
Calculation of tangible equity / asset ratio:
Total shareholders’ equity	$	11,909			$	11,668			$	11,432			$	11,102			$	10,934
Less: goodwill	(1,990		)		(1,990		)		(1,990		)		(1,989		)		(1,993		)
Less: other intangible assets	(244		)		(257		)		(269		)		(281		)		(306		)
Add: related deferred tax liability (1)	51				54				56				59				64
Total tangible equity	9,726				9,475				9,229				8,891				8,699
Less: preferred equity	(1,203		)		(1,203		)		(1,203		)		(1,203		)		(1,203		)
Total tangible common equity	$	8,523			$	8,272			$	8,026			$	7,688			$	7,496
Total assets	$	108,735			$	108,247			$	108,203			$	108,781			$	105,652
Less: goodwill	(1,990		)		(1,990		)		(1,990		)		(1,989		)		(1,993		)
Less: other intangible assets	(244		)		(257		)		(269		)		(281		)		(306		)
Add: related deferred tax liability (1)	51				54				56				59				64
Total tangible assets	$	106,552			$	106,054			$	106,000			$	106,570			$	103,417
Tangible equity / tangible asset ratio	9.13		%		8.93		%		8.71		%		8.34		%		8.41		%
Tangible common equity / tangible asset ratio	8.00				7.80				7.57				7.21				7.25
Other data:
Number of employees (Average full-time equivalent)	15,659				15,780				15,738				15,657				15,772
Number of domestic full-service branches (2)	868				868				898				954				970
ATM Count	1,442				1,687				1,727				1,774				1,860

(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.

17

---

Huntington Bancshares Incorporated

Consolidated Year To Date Average Balance Sheets

(Unaudited)

	YTD Average Balances (1)
	Nine Months Ended September 30,								Change
(dollar amounts in millions)	2019				2018				Amount				Percent
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	$	511			$	—			$	511			100	%
Interest-bearing deposits in banks	131				86				45				52
Securities:
Trading account securities	146				84				62				74
Available-for-sale securities:
Taxable	10,784				10,817				(33		)		—
Tax-exempt	2,945				3,561				(616		)		(17	)
Total available-for-sale securities	13,729				14,378				(649		)		(5	)
Held-to-maturity securities - taxable	8,663				8,713				(50		)		(1	)
Other securities	479				590				(111		)		(19	)
Total securities	23,017				23,765				(748		)		(3	)
Loans held for sale	771				615				156				25
Loans and leases: (3)
Commercial:
Commercial and industrial	30,608				28,661				1,947				7
Commercial real estate:
Construction	1,169				1,149				20				2
Commercial	5,727				6,131				(404		)		(7	)
Commercial real estate	6,896				7,280				(384		)		(5	)
Total commercial	37,504				35,941				1,563				4
Consumer:
Automobile	12,253				12,247				6				—
Home equity	9,491				9,948				(457		)		(5	)
Residential mortgage	11,005				9,682				1,323				14
RV and marine	3,413				2,723				690				25
Other consumer	1,270				1,175				95				8
Total consumer	37,432				35,775				1,657				5
Total loans and leases	74,936				71,716				3,220				4
Allowance for loan and lease losses	(786		)		(737		)		(49		)		(7	)
Net loans and leases	74,150				70,979				3,171				4
Total earning assets	99,366				96,182				3,184				3
Cash and due from banks	835				1,277				(442		)		(35	)
Intangible assets	2,252				2,318				(66		)		(3	)
All other assets	6,054				5,640				414				7
Total assets	$	107,721			$	104,680			3,041				3	%
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	19,763			$	19,105			$	658			3	%
Money market deposits	23,507				21,059				2,448				12
Savings and other domestic deposits	10,039				11,267				(1,228		)		(11	)
Core certificates of deposit (4)	5,858				3,677				2,181				59
Other domestic deposits of $250,000 or more	320				259				61				24
Brokered deposits and negotiable CDs	2,893				3,501				(608		)		(17	)
Total interest-bearing deposits	62,380				58,868				3,512				6
Short-term borrowings	2,605				3,335				(730		)		(22	)
Long-term debt	9,145				9,033				112				1
Total interest-bearing liabilities	74,130				71,236				2,894				4
Demand deposits - noninterest-bearing	19,864				20,393				(529		)		(3	)
All other liabilities	2,277				1,935				342				18
Shareholders’ equity	11,450				11,116				334				3
Total liabilities and shareholders’ equity	$	107,721			$	104,680			$	3,041			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.

18

---

Huntington Bancshares Incorporated

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

(Unaudited)

	YTD Interest Income / Expense
	Nine Months Ended September 30,
(dollar amounts in millions)	2019				2018
Assets
Interest-bearing deposits in Federal Reserve Bank (3)	$	9			$	—
Interest-bearing deposits in banks	2				1
Securities:
Trading account securities	2				—
Available-for-sale securities:
Taxable	222				210
Tax-exempt	81				89
Total available-for-sale securities	303				299
Held-to-maturity securities - taxable	164				159
Other securities	13				20
Total securities	482				478
Loans held for sale	23				19
Loans and leases:
Commercial:
Commercial and industrial	1,106				974
Commercial real estate:
Construction	49				44
Commercial	210				209
Commercial real estate	259				253
Total commercial	1,365				1,227
Consumer:
Automobile	369				334
Home equity	391				377
Residential mortgage	317				270
RV and marine	126				104
Other consumer	126				105
Total consumer	1,329				1,190
Total loans and leases	2,694				2,417
Total earning assets	$	3,210			$	2,915
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	84			$	53
Money market deposits	199				96
Savings and other domestic deposits	17				19
Core certificates of deposit (4)	94				43
Other domestic deposits of $250,000 or more	4				2
Brokered deposits and negotiable CDs	51				46
Total interest-bearing deposits	449				259
Short-term borrowings	46				42
Long-term debt	262				236
Total interest-bearing liabilities	757				537
Demand deposits - noninterest-bearing	—				—
Net interest income	$	2,453			$	2,378

(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.

19

---

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin - Yield

(Unaudited)

	YTD Average Rates (2)
	Nine Months Ended September 30,
Fully-taxable equivalent basis (1)	2019			2018
Assets
Interest-bearing deposits in Federal Reserve Bank (2)	2.32	%		—	%
Interest-bearing deposits in banks	2.10			1.95
Securities:
Trading account securities	2.10			0.21
Available-for-sale securities:
Taxable	2.74			2.58
Tax-exempt	3.66			3.35
Total available-for-sale securities	2.94			2.77
Held-to-maturity securities - taxable	2.52			2.43
Other securities	3.75			4.38
Total securities	2.79			2.69
Loans held for sale	3.90			4.19
Loans and leases: (4)
Commercial:
Commercial and industrial	4.77			4.48
Commercial real estate:
Construction	5.56			5.09
Commercial	4.85			4.49
Commercial real estate	4.97			4.58
Total commercial	4.80			4.50
Consumer:
Automobile	4.02			3.65
Home equity	5.51			5.07
Residential mortgage	3.83			3.71
RV and marine	4.95			5.09
Other consumer	13.29			11.91
Total consumer	4.74			4.44
Total loans and leases	4.77			4.47
Total earning assets	4.32	%		4.05	%
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	0.57	%		0.37	%
Money market deposits	1.13			0.61
Savings and other domestic deposits	0.23			0.22
Core certificates of deposit (5)	2.14			1.57
Other domestic deposits of $250,000 or more	1.86			1.05
Brokered deposits and negotiable CDs	2.33			1.76
Total interest-bearing deposits	0.96			0.59
Short-term borrowings	2.37			1.67
Long-term debt	3.82			3.48
Total interest-bearing liabilities	1.36			1.01
Demand deposits - noninterest-bearing	—			—
Net interest rate spread	2.96			3.05
Impact of noninterest-bearing funds on margin	0.34			0.26
Net interest margin	3.30	%		3.31	%

Commercial Loan Derivative Impact
(Unaudited)
	YTD Average Rates
	Nine Months Ended September 30,
Fully-taxable equivalent basis (1)	2019			2018
Commercial loans (3)(4)	4.84	%		4.50	%
Impact of commercial loan derivatives	(0.04	)		—
Total commercial - as reported	4.80	%		4.50	%
Average 1 Month LIBOR	2.37	%		1.91	%

(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.

20

---

Huntington Bancshares Incorporated

Selected Year To Date Income Statement Data

(Unaudited)

	Nine Months Ended September 30,								Change
(dollar amounts in millions, except per share data, share count in thousands)	2019				2018				Amount				Percent
Interest income	$	3,190			$	2,893			$	297			10	%
Interest expense	757				537				220				41
Net interest income	2,433				2,356				77				3
Provision for credit losses	208				175				33				19
Net interest income after provision for credit losses	2,225				2,181				44				2
Service charges on deposit accounts	277				270				7				3
Card and payment processing income	183				166				17				10
Trust and investment management services	131				129				2				2
Mortgage banking income	109				85				24				28
Capital market fees	92				74				18				24
Insurance income	64				61				3				5
Bank owned life insurance income	49				51				(2		)		(4	)
Gain on sale of loans and leases	39				39				—				—
Securities gains (losses)	(2		)		(2		)		—				—
Other income	140				119				21				18
Total noninterest income	1,082				992				90				9
Personnel costs	1,228				1,160				68				6
Outside data processing and other services	257				211				46				22
Net occupancy	118				114				4				4
Equipment	121				116				5				4
Deposit and other insurance expense	24				54				(30		)		(56	)
Professional services	40				43				(3		)		(7	)
Marketing	28				38				(10		)		(26	)
Amortization of intangibles	37				40				(3		)		(8	)
Other expense	167				160				7				4
Total noninterest expense	2,020				1,936				84				4
Income before income taxes	1,287				1,237				50				4
Provision for income taxes	193				178				15				8
Net income	1,094				1,059				35				3
Dividends on preferred shares	55				51				4				8
Net income applicable to common shares	$	1,039			$	1,008			$	31			3	%
Average common shares - basic	1,042,246				1,090,570				(48		)		(4	)
Average common shares - diluted	1,059,064				1,116,978				(58		)		(5	)
Per common share
Net income - basic	$	1.00			$	0.92			$	0.08			9	%
Net income - diluted	0.98				0.90				0.08				9
Cash dividends declared	0.43				0.36				0.07				19
Revenue - fully taxable equivalent (FTE)
Net interest income	$	2,433			$	2,356			$	77			3	%
FTE adjustment (1)	20				22				(2		)		(9	)
Net interest income	2,453				2,378				75				3
Noninterest income	1,082				992				90				9
Total revenue (1)	$	3,535			$	3,370			$	165			5	%

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

21

---

Huntington Bancshares Incorporated

Year To Date Mortgage Banking Noninterest Income

(Unaudited)

	Nine Months Ended September 30,								Change
(dollar amounts in millions)	2019				2018				Amount				Percent
Net origination and secondary marketing income	$	89			$	63			26				41	%
Net mortgage servicing income
Loan servicing income	44				42				2				5
Amortization of capitalized servicing	(32		)		(25		)		(7		)		(28	)
Operating income	12				17				(5		)		(29	)
MSR valuation adjustment (1)	(40		)		7				(47		)		(671	)
Gains (losses) due to MSR hedging	43				(7		)		50				714
Net MSR risk management	3				—				3				—
Total net mortgage servicing income	$	15			$	17			$	(2	)		(12	)%
All other	5				5				—				—
Mortgage banking income	$	109			$	85			$	24			28	%
Mortgage origination volume	$	5,254			$	5,458			$	(204	)		(4	)%
Mortgage origination volume for sale	3,420				3,113				307				10
Third party mortgage loans serviced (2)	21,674				20,617				1,057				5
Mortgage servicing rights (2)	180				219				(39		)		(18	)
MSR % of investor servicing portfolio	0.83		%		1.06		%		(0.23		)%		(22	)%

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

(2)	At period end.

22

---

Huntington Bancshares Incorporated

Year To Date Credit Reserves Analysis

(Unaudited)

	Nine Months Ended September 30,
(dollar amounts in millions)	2019				2018
Allowance for loan and lease losses, beginning of period	$	772			$	691
Loan and lease losses	(269		)		(184		)
Recoveries of loans previously charged off	77				89
Net loan and lease losses	(192		)		(95		)
Provision for loan and lease losses	203				165
Allowance for loan and lease losses, end of period	783				761
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				10
Allowance for unfunded loan commitments and letters of credit, end of period	101				97
Total allowance for credit losses	$	884			$	858
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.05		%		1.04		%
Nonaccrual loans and leases (NALs)	179				206
Nonperforming assets (NPAs)	163				189

23

---

Huntington Bancshares Incorporated

Year To Date Net Charge-Off Analysis

(Unaudited)

	Nine Months Ended September 30,
(dollar amounts in millions)	2019				2018
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	92			$	19
Commercial real estate:
Construction	(2		)		(1		)
Commercial	(1		)		(17		)
Commercial real estate	(3		)		(18		)
Total commercial	89				1
Consumer:
Automobile	23				25
Home equity	7				4
Residential mortgage	5				4
RV and marine	7				7
Other consumer	61				54
Total consumer	103				94
Total net charge-offs	$	192			$	95
	Nine Months Ended September 30,
	2019				2018
Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial	0.40		%		0.09		%
Commercial real estate:
Construction	(0.19		)		(0.14		)
Commercial	(0.03		)		(0.34		)
Commercial real estate	(0.06		)		(0.31		)
Total commercial	0.32				0.01
Consumer:
Automobile	0.25				0.27
Home equity	0.10				0.06
Residential mortgage	0.06				0.05
RV and marine	0.29				0.33
Other consumer	6.41				6.12
Total consumer	0.37				0.35
Net charge-offs as a % of average loans	0.34		%		0.18		%

24

---

Huntington Bancshares Incorporated

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

(Unaudited)

	September 30,
(dollar amounts in millions)	2019				2018
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	291			$	211
Commercial real estate	12				19
Automobile	5				5
Home equity	60				67
Residential mortgage	69				67
RV and marine	1				1
Other consumer	—				—
Total nonaccrual loans and leases	438				370
Other real estate, net:
Residential	10				22
Commercial	2				5
Total other real estate, net	12				27
Other NPAs (1)	32				6
Total nonperforming assets (3)	$	482			$	403
Nonaccrual loans and leases as a % of total loans and leases	0.58		%		0.50		%
NPA ratio (2)	0.64				0.55

	Nine Months Ended September 30,
(dollar amounts in millions)	2019				2018
Nonperforming assets, beginning of period	$	387			$	389
New nonperforming assets	500				368
Returns to accruing status	(73		)		(72		)
Loan and lease losses	(146		)		(82		)
Payments	(125		)		(179		)
Sales and held-for-sale transfers	(61		)		(21		)
Nonperforming assets, end of period (2)	$	482			$	403

(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.

25

---

Huntington Bancshares Incorporated

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

(Unaudited)

	Nine Months Ended September 30,
(dollar amounts in millions)	2019				2018
Accruing loans and leases past due 90+ days:
Commercial and industrial	$	9			$	9
Commercial real estate	—				—
Automobile	8				7
Home equity	13				15
Residential mortgage (excluding loans guaranteed by the U.S. Government)	23				28
RV and marine	1				1
Other consumer	7				6
Total, excl. loans guaranteed by the U.S. Government	61				66
Add: loans guaranteed by U.S. Government	102				88
Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	163			$	154
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.08		%		0.09		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.14				0.12
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.22				0.21
Accruing troubled debt restructured loans:
Commercial and industrial	$	225			$	308
Commercial real estate	40				60
Automobile	39				34
Home equity	233				257
Residential mortgage	221				219
RV and marine	3				2
Other consumer	10				10
Total accruing troubled debt restructured loans	$	771			$	890
Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	84			$	100
Commercial real estate	6				8
Automobile	3				3
Home equity	26				28
Residential mortgage	44				46
RV and marine	1				1
Other consumer	—				—
Total nonaccruing troubled debt restructured loans	$	164			$	186

26