Exhibit 99.2
HUNTINGTON BANCSHARES INCORPORATED
Quarterly Financial Supplement
September 30, 2021
Table of Contents
Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans


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%.
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)September 30,June 30,September 30,Percent Changes vs.
2021202120202Q213Q20
Net interest income (2)
$1,167 $844 $822 38 %42 %
FTE adjustment(7)(6)(5)(17)(40)
Net interest income
1,160 838 817 38 42 
Provision for credit losses(62)211 177 (129)(135)
Noninterest income535 444 430 20 24 
Noninterest expense1,289 1,072 712 20 81 
Income (loss) before income taxes
468 (1)358 46,900 31 
Provision for income taxes90 14 55 543 64 
Income (loss) after income taxes378 (15)303 2,620 25 
Income attributable to non-controlling interest1 — — 100 100 
Net income (loss) attributable to Huntington Bancshares Inc
377 (15)303 2,613 24 
Dividends on preferred shares29 43 28 (33)4 
Impact of preferred stock redemption15 — — 100 100 
Net income (loss) applicable to common shares
$333 $(58)$275 674 %21 %
Net income (loss) per common share - diluted
$0.22 $(0.05)$0.27 540 %(19)%
Cash dividends declared per common share
0.15 0.15 0.15 — — 
Tangible book value per common share at end of period
8.10 8.23 8.43 (2)(4)
Number of common shares repurchased
33 — — 100 100 
Average common shares - basic
1,463 1,125 1,017 30 44 
Average common shares - diluted
1,487 1,125 1,031 32 44 
Ending common shares outstanding
1,446 1,477 1,017 (2)42 
Return on average assets
0.86 %(0.05)%1.01 %
Return on average common shareholders’ equity
7.6 (1.9)10.2 
Return on average tangible common shareholders’ equity (1)
11.5 (2.1)13.2 
Net interest margin (2)
2.90 2.66 2.96 
Efficiency ratio (3)
74.9 83.1 56.1 
Effective tax rate (4)19.0 (2,353.3)15.2 
Average total assets
$173,833 $137,830 $119,529 26 45 
Average earning assets
159,411 127,421 110,665 25 44 
Average loans and leases
109,931 87,437 80,542 26 36 
Average loans and leases - linked quarter annualized growth rate
102.9 %35.8 %1.7 %
Average total deposits
$142,303 $112,678 $95,049 26 50 
Average core deposits (5) 137,816 109,433 90,692 26 52 
Average core deposits - linked quarter annualized growth rate
103.7 %56.9 %8.2 %
Average shareholders’ equity
19,783 15,410 12,678 28 56 
Average common total shareholders' equity
17,428 12,697 10,701 37 63 
Average tangible common shareholders' equity
11,905 9,686 8,549 23 39 
Total assets at end of period
173,878 175,172 120,116 (1)45 
Total shareholders’ equity at end of period
19,479 20,511 12,917 (5)51 
NCOs as a % of average loans and leases
0.20 %0.28 %0.56 %
NAL ratio
0.78 0.87 0.70 
NPA ratio (6)0.81 0.91 0.74 
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period
1.91 1.98 2.21 
Allowance for credit losses (ACL) as a % of total loans and leases at the end of period1.99 2.08 2.31 
Common equity tier 1 risk-based capital ratio (7)
9.57 9.98 9.89 
Tangible common equity / tangible asset ratio (8)
6.96 7.16 7.27 
See Notes to the 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)20212020
Amount
Percent
Net interest income (2)
$2,989 $2,415 $574 24 %
FTE adjustment(19)(16)(3)(19)
Net interest income
2,970 2,399 571 24 
Provision for credit losses89 945 (856)(91)
Noninterest income1,374 1,182 192 16 
Noninterest expense3,154 2,039 1,115 55 
Income before income taxes
1,101 597 504 84 
Provision for income taxes206 96 110 115 
Income after income taxes895 501 394 79 
Income attributable to non-controlling interest1 — 1 100 
Net Income attributable to Huntington Bancshares Inc894 501 393 78 
Dividends on preferred shares103 65 38 58 
Impact of preferred stock redemption15 — 15 100 
Net income applicable to common shares
$776 $436 $340 78 %
Net income per common share - diluted
$0.63 $0.42 $0.21 50 %
Cash dividends declared per common share
0.45 0.45 — — 
Average common shares - basic
1,202 1,017 185 18 
Average common shares - diluted
1,225 1,032 193 19 
Return on average assets
0.82 %0.58 %
Return on average common shareholders’ equity
7.5 5.5 
Return on average tangible common shareholders’ equity (1)
10.6 7.3 
Net interest margin (2)
2.99 3.01 
Efficiency ratio (3)
71.7 55.8 
Effective tax rate
18.7 16.0 
Average total assets
$145,072 $115,969 $29,103 25 
Average earning assets
133,812 107,175 26,637 25 
Average loans and leases
92,651 78,818 13,833 18 
Average total deposits
118,246 90,352 27,894 31 
Average core deposits (5)
114,509 86,382 28,127 33 
Average shareholders’ equity
16,196 12,088 4,108 34 
Average common total shareholders' equity
13,685 10,575 3,110 29 
Average tangible common shareholders' equity
10,116 8,415 1,701 20 
NCOs as a % of average loans and leases
0.26 %0.57 %
NAL ratio
0.78 0.70 
NPA ratio (6)
0.81 0.74 
See Notes to the Year to Date and Quarterly Key Statistics.

2

Key Statistics Footnotes
(1)Net income (loss) 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)For the three months ended June 30, 2021, excluding TCF acquisition-related net expenses of $269 million, the related tax benefit of $51 million and discrete tax expenses of $16 million, the effective tax rate would have been 18.8%.
(5)Includes noninterest-bearing and interest-bearing demand deposits, money market deposits, savings and other domestic deposits, and core certificates of deposit.
(6)NPAs include other nonperforming assets, which includes certain impaired securities and/or nonaccrual loans held for sale, and other real estate owned.
(7)September 30, 2021, figures are estimated.
(8)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)20212020
Percent Changes
(Unaudited)
Assets
Cash and due from banks
$1,611 $1,319 22 %
Interest-bearing deposits at Federal Reserve Bank8,134 5,276 54 
Interest-bearing deposits in banks
443 117 279 
Trading account securities
77 62 24 
Available-for-sale securities
25,654 16,485 56 
Held-to-maturity securities
12,455 8,861 41 
Other securities
649 418 55 
Loans held for sale
1,335 1,275 5 
Loans and leases (1)
110,567 81,608 35 
Allowance for loan and lease losses
(2,107)(1,814)(16)
Net loans and leases
108,460 79,794 36 
Bank owned life insurance
2,771 2,577 8 
Premises and equipment
1,126 757 49 
Goodwill
5,316 1,990 167 
Servicing rights and other intangible assets614 428 43 
Other assets
5,233 3,679 42 
Total assets
$173,878 $123,038 41 %
Liabilities and shareholders’ equity
Liabilities
Deposits (2)
$141,898 $98,948 43 %
Short-term borrowings
435 183 138 
Long-term debt
7,779 8,352 (7)
Other liabilities
4,267 2,562 67 
Total liabilities
154,379 110,045 40 
Shareholders' equity
Preferred stock
2,267 2,191 3 
Common stock
15 10 50 
Capital surplus
15,350 8,781 75 
Less treasury shares, at cost
(79)(59)(34)
Accumulated other comprehensive (loss) gain(125)192 (165)
Retained earnings2,051 1,878 9 
Total Huntington Bancshares Inc shareholders’ equity19,479 12,993 50 
Non-controlling interest20 — 100 
Total Equity19,499 12,993 50 
Total liabilities and shareholders’ equity
$173,878 $123,038 41 %
Common shares authorized (par value of $0.01)
2,250,000,000 1,500,000,000 
Common shares outstanding
1,446,461,249 1,017,196,776 
Treasury shares outstanding
6,306,127 5,062,054 
Preferred stock, authorized shares
6,617,808 6,617,808 
Preferred shares outstanding
657,500 750,500 
(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)20212021202120202020
Ending Balances by Type:
Total loans
Commercial:
Commercial and industrial
$40,452 36 %$41,900 38 %$32,297 40 %$33,151 40 %$32,588 40 %
Commercial real estate:
Construction
1,812 2 1,926 2 1,083 1 1,035 1 1,154 1 
Commercial
12,882 12 12,848 11 6,096 8 6,164 8 6,055 7 
Commercial real estate
14,694 14 14,774 13 7,179 9 7,199 9 7,209 8 
Lease financing4,991 5 5,027 4 2,167 3 2,222 3 2,307 3 
Total commercial
60,137 55 61,701 55 41,643 52 42,572 52 42,104 51 
Consumer:
Automobile
13,305 12 13,174 12 12,591 16 12,778 16 12,925 17 
Residential mortgage18,922 17 18,729 17 12,092 15 12,141 15 12,031 15 
Home equity
10,919 10 11,317 10 8,727 11 8,894 11 8,904 11 
RV and marine
5,052 4 4,960 4 4,218 5 4,190 5 4,146 5 
Other consumer
2,232 2 2,024 2 959 1 1,033 1 1,046 1 
Total consumer
50,430 45 50,204 45 38,587 48 39,036 48 39,052 49 
Total loans and leases
$110,567 100 %$111,905 100 %$80,230 100 %$81,608 100 %$81,156 100 %
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20212021202120202020
Ending Balances by Business Segment:
Consumer and Business Banking$35,276 32 %$36,798 33 %$26,658 33 %$27,230 33 %$27,517 34 %
Commercial Banking46,988 43 46,559 41 27,318 34 27,374 34 26,847 33 
Vehicle Finance20,353 18 20,196 18 19,474 24 20,027 25 19,891 25 
RBHPCG (Regional Banking and The Huntington Private Client Group)7,743 7 7,394 7 6,587 8 6,809 8 6,682 8 
Treasury / Other207 — 958 1 193 1 168 — 219 — 
Total loans and leases$110,567 100 %$111,905 100 %$80,230 100 %$81,608 100 %$81,156 100 %
Average Balances by Business Segment:
Consumer and Business Banking$35,807 33 %$28,948 33 %$27,069 34 %$27,483 34 %$27,315 34 %
Commercial Banking46,180 42 31,896 37 26,694 33 26,727 33 26,809 34 
Vehicle Finance20,219 18 19,548 22 19,735 25 19,977 25 19,651 24 
RBHPCG7,527 7 6,840 8 6,568 8 6,751 8 6,630 8 
Treasury / Other198 — 205 — 195 — 178 — 137 — 
Total loans and leases
$109,931 100 %$87,437 100 %$80,261 100 %$81,116 100 %$80,542 100 %

5

Huntington Bancshares Incorporated
Deposits Composition
(Unaudited)
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20212021202120202020
Ending Balances by Type:
Demand deposits - noninterest-bearing
$44,560 31 %$45,249 32 %$31,226 30 %$28,553 29 %$27,466 29 %
Demand deposits - interest-bearing
36,423 26 34,938 24 27,493 27 26,757 27 24,242 25 
Money market deposits32,662 23 33,616 24 26,268 26 26,248 27 26,230 28 
Savings and other domestic deposits
20,773 15 20,876 15 13,115 13 11,722 12 11,268 12 
Core certificates of deposit (1)
3,080 2 3,537 2 1,329 1 1,425 1 1,586 2 
Total core deposits137,498 97 138,216 97 99,431 97 94,705 96 90,792 96 
Other domestic deposits of $250,000 or more521 — 675 — 105 — 131 — 156 — 
Negotiable CDS, brokered and other deposits
3,879 3 3,914 3 2,648 3 4,112 4 4,206 4 
Total deposits
$141,898 100 %$142,805 100 %$102,184 100 %$98,948 100 %$95,154 100 %
Total core deposits:
Commercial$61,210 45 %$61,055 44 %$46,539 47 %$44,698 47 %$43,018 47 %
Consumer76,288 55 77,161 56 52,892 53 50,007 53 47,774 53 
Total core deposits
$137,498 100 %$138,216 100 %$99,431 100 %$94,705 100 %$90,792 100 %
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20212021202120202020
Ending Balances by Business Segment:
Consumer and Business Banking$94,439 67 %$95,693 67 %$65,437 64 %$60,910 61 %$59,302 62 %
Commercial Banking32,531 23 32,624 23 25,420 25 24,766 25 23,599 25 
Vehicle Finance1,437 1 1,155 1 849 1 722 1 777 1 
RBHPCG9,025 6 8,416 6 7,163 7 7,635 8 6,623 7 
Treasury / Other (2)4,466 3 4,917 3 3,315 3 4,915 5 4,853 5 
Total deposits
$141,898 100 %$142,805 100 %$102,184 100 %$98,948 100 %$95,154 100 %
Average Balances by Business Segment:
Consumer and Business Banking$94,719 67 %$73,011 65 %$62,333 63 %$60,163 62 %$59,460 63 %
Commercial Banking32,867 23 27,372 24 25,100 25 24,051 25 23,285 24 
Vehicle Finance1,328 1 1,035 1 768 1 760 1 839 1 
RBHPCG8,587 6 7,564 7 7,059 7 6,850 7 6,605 7 
Treasury / Other (2)4,802 3 3,696 3 4,025 4 4,740 5 4,860 5 
Total deposits
$142,303 100 %$112,678 100 %$99,285 100 %$96,564 100 %$95,049 100 %
(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)202120212021202020202Q213Q20
Assets
Interest-bearing deposits at Federal Reserve Bank $11,536 $7,636 $6,065 $5,507 $5,857 51 %97 %
Interest-bearing deposits in banks
466 319 177 205 177 46 163 
Securities:
Trading account securities
49 48 52 53 49 2 — 
Available-for-sale securities:
Taxable
20,147 20,096 14,827 12,048 10,670 — 89 
Tax-exempt
3,116 2,832 2,650 2,710 2,749 10 13 
Total available-for-sale securities
23,263 22,928 17,477 14,758 13,419 1 73 
Held-to-maturity securities - taxable
11,964 7,280 8,269 8,844 8,932 64 34 
Other securities677 479 412 420 430 41 57 
Total securities
35,953 30,735 26,210 24,075 22,830 17 57 
Loans held for sale
1,525 1,294 1,392 1,319 1,259 18 21 
Loans and leases: (2)
Commercial:
Commercial and industrial
40,597 34,126 32,153 32,508 32,464 19 25 
Commercial real estate:
Construction
1,803 1,310 1,053 1,085 1,175 38 53 
Commercial
12,891 7,773 6,122 6,092 6,045 66 113 
Commercial real estate
14,694 9,083 7,175 7,177 7,220 62 104 
Lease financing4,983 2,798 2,199 2,342 2,205 78 126 
Total commercial
60,274 46,007 41,527 42,027 41,889 31 44 
Consumer:
Automobile
13,209 12,793 12,665 12,857 12,889 3 2 
Residential mortgage
18,886 13,768 12,094 12,100 11,817 37 60 
Home equity11,106 9,375 8,809 8,919 8,878 18 25 
RV and marine 4,998 4,447 4,193 4,181 4,020 12 24 
Other consumer
1,458 1,047 973 1,032 1,049 39 39 
Total consumer
49,657 41,430 38,734 39,089 38,653 20 28 
Total loans and leases
109,931 87,437 80,261 81,116 80,542 26 36 
Allowance for loan and lease losses
(2,219)(1,828)(1,809)(1,804)(1,720)(21)(29)
Net loans and leases
107,712 85,609 78,452 79,312 78,822 26 37 
Total earning assets
159,411 127,421 114,105 112,222 110,665 25 44 
Cash and due from banks
1,535 1,106 1,080 1,113 1,173 39 31 
Goodwill and other intangible assets5,578 3,055 2,176 2,185 2,195 83 154 
All other assets
9,528 8,076 7,443 7,279 7,216 18 32 
Total assets
$173,833 $137,830 $122,995 $120,995 $119,529 26 %45 %
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing
$35,690 $29,729 $26,812 $25,094 $23,865 20 %50 %
Money market deposits
33,281 28,124 26,247 26,144 26,200 18 27 
Savings and other domestic deposits
20,931 15,190 12,277 11,468 11,157 38 88 
Core certificates of deposit (3)
3,319 1,832 1,384 1,479 2,035 81 63 
Other domestic deposits of $250,000 or more
582 259 115 139 175 125 233 
Negotiable CDS, brokered and other deposits
3,905 2,986 3,355 4,100 4,182 31 (7)
Total interest-bearing deposits
97,708 78,120 70,190 68,424 67,614 25 45 
Short-term borrowings
317 241 208 239 162 32 96 
Long-term debt
7,587 6,887 7,766 8,799 9,318 10 (19)
Total interest-bearing liabilities
105,612 85,248 78,164 77,462 77,094 24 37 
Demand deposits - noninterest-bearing
44,595 34,558 29,095 28,140 27,435 29 63 
All other liabilities
3,823 2,608 2,412 2,452 2,322 47 65 
Total Huntington Bancshares Inc shareholders’ equity19,783 15,410 13,324 12,941 12,678 28 56 
Non-controlling interest20 6 — — — 233 100 
Total equity19,803 15,416 13,324 12,941 12,678 28 56 
Total liabilities and shareholders’ equity
$173,833 $137,830 $122,995 $120,995 $119,529 26 %45 %
(1)Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.
(2)Includes nonaccrual loans and leases.
(3)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)20212021202120202020
Assets
Interest-bearing deposits at Federal Reserve Bank $4 $2 $2 $2 $1 
Interest-bearing deposits in banks
1 — — — — 
Securities:
Trading account securities
— 1 — 1 — 
Available-for-sale securities:
Taxable
68 67 49 46 50 
Tax-exempt
18 17 17 17 18 
Total available-for-sale securities
86 84 66 63 68 
Held-to-maturity securities - taxable
47 35 42 47 52 
Other securities2 2 2 2 1 
Total securities
135 122 110 113 121 
Loans held for sale
13 9 9 9 9 
Loans and leases:
Commercial:
Commercial and industrial419 319 315 294 294 
Commercial real estate:
Construction17 12 9 9 10 
Commercial105 60 40 41 41 
Commercial real estate122 72 49 50 51 
Lease financing61 36 28 30 31 
Total commercial602 427 392 374 376 
Consumer:
Automobile121 115 116 125 128 
Residential mortgage139 104 95 99 101 
Home equity113 89 80 85 84 
RV and marine55 46 44 47 47 
Other consumer29 27 27 29 30 
Total consumer457 381 362 385 390 
Total loans and leases
1,059 808 754 759 766 
Total earning assets
$1,212 $941 $875 $883 $897 
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
$3 $4 $2 $2 $3 
Money market deposits7 4 4 7 18 
Savings and other domestic deposits
1 2 1 1 2 
Core certificates of deposit (3)
(2)1 2 2 10 
Other domestic deposits of $250,000 or more
1 — — 1 (4)
Negotiable CDS, brokered and other deposits
1 1 2 2 2 
Total interest-bearing deposits
11 12 11 15 31 
Short-term borrowings
— — — — — 
Long-term debt
34 85 (114)38 44 
Total interest bearing liabilities
45 97 (103)53 75 
Net interest income
$1,167 $844 $978 $830 $822 
(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)Includes consumer certificates of deposit of $250,000 or more.


8

Huntington Bancshares Incorporated
Consolidated Quarterly Net Interest Margin - Yield
(Unaudited)
 Quarterly Average Rates
September 30,June 30,March 31,December 31,September 30,
Fully-taxable equivalent basis (1)
20212021202120202020
Assets
Interest-bearing deposits at Federal Reserve Bank0.17 %0.11 %0.10 %0.10 %0.10 %
Interest-bearing deposits in banks
0.04 0.01 0.08 0.12 0.13 
Securities:
Trading account securities
2.98 2.96 3.64 3.65 3.18 
Available-for-sale securities:
Taxable
1.34 1.34 1.32 1.53 1.89 
Tax-exempt
2.37 2.42 2.52 2.59 2.71 
Total available-for-sale securities
1.48 1.47 1.50 1.72 2.06 
Held-to-maturity securities - taxable
1.58 1.94 2.02 2.11 2.28 
Other securities1.43 1.72 1.66 1.85 1.23 
Total securities
1.52 1.59 1.67 1.87 2.13 
Loans held for sale
3.23 2.79 2.64 2.96 2.82 
Loans and leases: (3)
Commercial:
Commercial and industrial4.04 3.70 3.91 3.53 3.55 
Commercial real estate:
Construction3.68 3.57 3.41 3.36 3.40 
Commercial3.17 3.06 2.64 2.62 2.63 
Commercial real estate3.23 3.13 2.75 2.73 2.75 
Lease financing4.84 5.00 5.18 5.08 5.52 
Total commercial3.91 3.67 3.78 3.48 3.52 
Consumer:
Automobile3.62 3.62 3.71 3.88 3.93 
Residential mortgage2.95 3.04 3.13 3.27 3.41 
Home equity4.03 3.79 3.71 3.76 3.79 
RV and marine 4.33 4.13 4.30 4.53 4.60 
Other consumer7.98 10.17 11.17 11.12 11.23 
Total consumer3.65 3.69 3.78 3.93 4.00 
Total loans and leases
3.80 3.68 3.78 3.70 3.75 
Total earning assets
3.02 2.96 3.11 3.13 3.22 
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
0.04 0.04 0.04 0.04 0.05 
Money market deposits0.08 0.06 0.06 0.10 0.28 
Savings and other domestic deposits
0.03 0.04 0.04 0.05 0.06 
Core certificates of deposit (4)
(0.23)0.19 0.51 0.56 1.03 
Other domestic deposits of $250,000 or more
0.21 0.26 0.22 0.51 0.92 
Negotiable CDS, brokered and other deposits
0.15 0.16 0.18 0.19 0.19 
Total interest-bearing deposits
0.05 0.06 0.06 0.08 0.18 
Short-term borrowings
0.14 0.47 0.19 0.26 0.30 
Long-term debt
1.81 4.97 (5.88)1.72 1.87 
Total interest-bearing liabilities
0.17 0.45 (0.53)0.27 0.39 
Net interest rate spread
2.85 2.51 3.64 2.86 2.83 
Impact of noninterest-bearing funds on margin
0.05 0.15 (0.16)0.08 0.13 
Net interest margin
2.90 %2.66 %3.48 %2.94 %2.96 %
Commercial Loan Derivative Impact
(Unaudited)
Average Rates
20212021202120202020
Fully-taxable equivalent basis (1)
ThirdSecondFirstFourthThird
Commercial loans (2)(3)
3.65 %3.27 %3.22 %2.92 %3.01 %
Impact of commercial loan derivatives
0.26 0.40 0.56 0.56 0.51 
Total commercial - as reported
3.91 %3.67 %3.78 %3.48 %3.52 %
Average 1 Month LIBOR
0.09 %0.10 %0.12 %0.15 %0.16 %
(1)Fully-taxable equivalent (FTE) yields are calculated assuming a 21% tax rate. See page 10 for the FTE adjustment.
(2)Yield/rates exclude the effects of hedge and risk management activities associated with the respective asset and liability categories.
(3)Includes nonaccrual loans and leases.
(4)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)September 30,June 30,March 31,December 31,September 30,
20212021202120202020
Interest income
$1,205 $935 $869 $878 $892 
Interest expense
45 97 (103)53 75 
Net interest income
1,160 838 972 825 817 
Provision for credit losses(62)211 (60)103 177 
Net interest income after provision for credit losses1,222 627 1,032 722 640 
Mortgage banking income81 67 100 90 122 
Service charges on deposit accounts 114 88 69 78 76 
Card and payment processing income96 80 65 65 66 
Trust and investment management services61 56 52 49 48 
Leasing revenue42 12 4 6 3 
Capital markets fees40 35 29 34 27 
Insurance income25 25 27 25 24 
Bank owned life insurance income15 16 16 14 17 
Gain on sale of loans2 3 3 13 13 
Net gains (losses) on sales of securities— 10 — — — 
Other noninterest income59 52 30 35 34 
Total noninterest income
535 444 395 409 430 
Personnel costs643 592 468 426 453 
Outside data processing and other services304 162 115 111 98 
Equipment79 55 46 49 44 
Net occupancy95 72 42 39 40 
Lease financing equipment depreciation19 5 — — — 
Professional services26 48 17 21 12 
Amortization of intangibles13 11 10 10 10 
Marketing25 15 14 15 9 
Deposit and other insurance expense17 8 8 8 6 
Other noninterest expense68 104 73 77 40 
Total noninterest expense
1,289 1,072 793 756 712 
Income (loss) before income taxes468 (1)634 375 358 
Provision for income taxes90 14 102 59 55 
Income (loss) after income taxes378 (15)532 316 303 
Income attributable to non-controlling interest1 — — — — 
Net income (loss) attributable to Huntington Bancshares Inc377 (15)532 316 303 
Dividends on preferred shares29 43 31 35 28 
Impact of preferred stock redemption15 — — — — 
Net income (loss) applicable to common shares$333 $(58)$501 $281 $275 
Average common shares - basic
1,463 1,125 1,018 1,017 1,017 
Average common shares - diluted
1,487 1,125 1,041 1,036 1,031 
Per common share
Net income (loss) - basic$0.23 $(0.05)$0.49 $0.28 $0.27 
Net income (loss) - diluted0.22 (0.05)0.48 0.27 0.27 
Cash dividends declared
0.15 0.15 0.15 0.15 0.15 
Revenue - fully-taxable equivalent (FTE)
Net interest income
$1,160 $838 $972 $825 $817 
FTE adjustment
7 6 6 5 5 
Net interest income (1)
1,167 844 978 830 822 
Noninterest income
535 444 395 409 430 
Total revenue (1)
$1,702 $1,288 $1,373 $1,239 $1,252 
(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)
202120212021202020202Q213Q20
Net origination and secondary marketing income
$80 $70 $94 $92 $118 14 %(32)%
Net mortgage servicing income
          Loan servicing income
21 17 17 16 15 24 40 
          Amortization of capitalized servicing(21)(20)(20)(17)(15)(5)(40)
    Operating (expense) income— (3)(3)(1)— 100 — 
          MSR valuation adjustment (1)1 (24)51 4 3 104 (67)
          Gains (losses) due to MSR hedging
(4)22 (46)(9)(1)(118)(300)
     Net MSR risk management (3)(2)5 (5)2 (50)(250)
Total net mortgage servicing (expense) income$(3)$(5)$2 $(6)$2 40 %(250)%
All other4 2 4 4 2 100 100 
Mortgage banking income
$81 $67 $100 $90 $122 21 %(34)%
Mortgage origination volume$4,467 $4,007 $4,042 $3,741 $3,811 11 %17 %
Mortgage origination volume for sale
2,514 2,265 2,669 2,444 2,568 11 (2)
Third party mortgage loans serviced (2)30,554 30,398 23,585 23,471 23,334 1 31 
Mortgage servicing rights (2)338 327 274 210 191 3 77 
MSR % of investor servicing portfolio (2)1.11 %1.08 %1.16 %0.89 %0.82 %3 %35 %
(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)20212021202120202020
Allowance for loan and lease losses, beginning of period
$2,218 $1,703 $1,814 $1,796 $1,702 
Loan and lease charge-offs(106)(102)(95)(140)(141)
Recoveries of loans and leases previously charged off51 40 31 28 28 
Net loan and lease charge-offs(55)(62)(64)(112)(113)
Provision for loan and lease losses(56)145 (47)130 207 
Allowance on loans and leases purchased with credit deterioration— 432 — — — 
Allowance of assets sold or transferred to loans held for sale
— — — — — 
Allowance for loan and lease losses, end of period
2,107 2,218 1,703 1,814 1,796 
Allowance for unfunded lending commitments, beginning of period104 38 52 82 119 
Provision for (reduction in) unfunded lending commitments(6)66 (13)(27)(30)
Unfunded lending commitment losses— — (1)(3)(7)
Allowance for unfunded lending commitments, end of period98 104 38 52 82 
Total allowance for credit losses, end of period
$2,205 $2,322 $1,741 $1,866 $1,878 
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases
1.91 %1.98 %2.12 %2.22 %2.21 %
Nonaccrual loans and leases (NALs)
245 227 330 341 316 
Nonperforming assets (NPAs)
236 219 313 323 298 
Total allowance for credit losses (ACL) as % of:
Total loans and leases
1.99 %2.08 %2.17 %2.29 %2.31 %
Nonaccrual loans and leases (NALs)256 238 338 351 330 
Nonperforming assets (NPAs)247 229 320 332 311 

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)20212021202120202020
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial
$28 $37 $28 $54 $70 
Commercial real estate:
Construction
(1)— — — (1)
Commercial
8 17 (3)32 13 
Commercial real estate
7 17 (3)32 12 
Lease financing12 5 24 4 7 
Total commercial
47 59 49 90 89 
Consumer:
Automobile
(4)(4)2 6 10 
Residential mortgage— — — 1 1 
Home equity(3)(1)— 1 — 
RV and marine
— — 3 2 4 
Other consumer
15 8 10 12 9 
Total consumer
8 3 15 22 24 
Total net charge-offs$55 $62 $64 $112 $113 
Three Months Ended
September 30,June 30,March 31,December 31,September 30,
20212021202120202020
Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial
0.28 %0.43 %0.35 %0.65 %0.88 %
Commercial real estate:
Construction
(0.14)(0.04)(0.04)(0.04)(0.25)
Commercial
0.26 0.81 (0.17)2.14 0.80 
Commercial real estate
0.21 0.69 (0.15)1.81 0.63 
Lease financing0.87 0.93 4.32 0.86 1.10 
Total commercial
0.31 0.51 0.47 0.86 0.85 
Consumer:
Automobile
(0.10)(0.13)0.05 0.21 0.31 
Residential mortgage— — 0.01 0.05 0.03 
Home equity(0.08)(0.08)0.02 0.01 (0.02)
RV and marine
(0.01)0.02 0.29 0.21 0.38 
Other consumer
3.97 3.13 3.99 4.35 3.55 
Total consumer
0.07 0.02 0.16 0.22 0.24 
Net charge-offs as a % of average loans0.20 %0.28 %0.32 %0.55 %0.56 %

13

Huntington Bancshares Incorporated
Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs) (1)
(Unaudited)
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)
20212021202120202020
Nonaccrual loans and leases (NALs):
Commercial and industrial
$494 $591 $326 $349 $378 
Commercial real estate
103 83 8 15 16 
Lease financing60 74 17 4 10 
Automobile
3 3 3 4 5 
Residential mortgage
108 130 90 88 88 
Home equity
87 91 71 70 71 
RV and marine
6 5 1 2 1 
Other consumer
— — — — — 
Total nonaccrual loans and leases
861 977 516 532 569 
Other real estate, net:
Residential
6 5 2 4 4 
Commercial
1 2 — — 1 
Total other real estate, net7 7 2 4 5 
Other NPAs (2)25 30 26 27 28 
Total nonperforming assets
$893 $1,014 $544 $563 $602 
Nonaccrual loans and leases as a % of total loans and leases
0.78 %0.87 %0.64 %0.65 %0.70 %
NPA ratio (3)0.81 0.91 0.68 0.69 0.74 
(NPA+90days)/(Loan+OREO) (4)
0.97 1.04 0.87 0.90 0.96 
Three Months Ended
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20212021202120202020
Nonperforming assets, beginning of period
$1,014 $544 $563 $602 $713 
New nonperforming assets
195 116 129 248 190 
Acquired NPAs— 629 — — — 
Transfer to OREO— — — — — 
Returns to accruing status
(125)(46)(33)(108)(47)
Charge-offs(51)(77)(52)(73)(102)
Payments
(128)(81)(55)(82)(77)
Sales
(12)(71)(8)(24)(75)
Nonperforming assets, end of period
$893 $1,014 $544 $563 $602 
(1)Generally excludes loans that were under payment deferral or granted other assistance, including amendments or waivers of financial covenants in response to the COVID-19 pandemic.
(2)Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.
(3)Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.
(4)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)20212021202120202020
Accruing loans and leases past due 90+ days:
Commercial and industrial
$6 $1 $— $— $— 
Commercial real estate
— — — — — 
Lease financing12 14 8 10 10 
Automobile
5 4 5 9 8 
Residential mortgage (excluding loans guaranteed by the U.S. Government)16 17 18 30 18 
Home equity10 9 10 14 11 
RV and marine2 1 1 3 2 
Other consumer
2 2 2 3 2 
Total, excl. loans guaranteed by the U.S. Government
53 48 44 69 51 
Add: loans guaranteed by U.S. Government
122 100 110 102 124 
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government
$175 $148 $154 $171 $175 
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases
0.05 %0.04 %0.05 %0.08 %0.06 %
Guaranteed by U.S. Government, as a percent of total loans and leases
0.11 0.09 0.14 0.13 0.15 
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases
0.16 0.13 0.19 0.21 0.22 
Accruing troubled debt restructured loans:
Commercial and industrial
$113 $130 $127 $193 $189 
Commercial real estate
25 26 32 33 34 
Lease financing— — — — — 
Automobile
45 48 51 50 53 
Residential mortgage
245 247 249 248 256 
Home equity162 172 179 187 199 
RV and marine7 7 7 6 6 
Other consumer
7 8 8 9 10 
Total accruing troubled debt restructured loans
$604 $638 $653 $726 $747 
Nonaccruing troubled debt restructured loans:
Commercial and industrial
$78 $92 $101 $95 $146 
Commercial real estate
1 2 3 3 3 
Lease financing— — — — — 
Automobile
2 2 2 2 2 
Residential mortgage
48 51 51 51 48 
Home equity25 27 30 30 29 
RV and marine1 1 1 1 1 
Other consumer
— — — — — 
Total nonaccruing troubled debt restructured loans
$155 $175 $188 $182 $229 

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)20212021202120202020
Common equity tier 1 risk-based capital ratio: (1)
Total shareholders’ equity
$19,479 $20,511 $13,600 $12,992 $12,917 
Regulatory capital adjustments:
CECL transitional amount (2)440 459 422 453 456 
Shareholders’ preferred equity
(2,281)(2,866)(2,680)(2,196)(2,195)
Accumulated other comprehensive income (loss) offset125 19 56 (192)(257)
Goodwill and other intangibles, net of related taxes
(5,477)(5,479)(2,095)(2,107)(2,118)
Deferred tax assets that arise from tax loss and credit carryforwards
(36)(48)(63)(63)(59)
Common equity tier 1 capital
12,250 12,596 9,240 8,887 8,744 
Additional tier 1 capital
Shareholders’ preferred equity
2,281 2,866 2,680 2,196 2,195 
Other
— — — — — 
Tier 1 capital
14,531 15,462 11,920 11,083 10,939 
Long-term debt and other tier 2 qualifying instruments
1,552 1,062 610 660 677 
Qualifying allowance for loan and lease losses
1,290 1,345 1,119 1,113 1,107 
Tier 2 capital
2,842 2,407 1,729 1,773 1,784 
Total risk-based capital
$17,373 $17,869 $13,649 $12,856 $12,723 
Risk-weighted assets (RWA)(1)
$128,023 $126,241 $89,494 $88,878 $88,417 
Common equity tier 1 risk-based capital ratio (1)
9.57 %9.98 %10.32 %10.00 %9.89 %
Other regulatory capital data:
Tier 1 leverage ratio (1)
8.62 11.65 9.85 9.32 9.31 
Tier 1 risk-based capital ratio (1)
11.35 12.25 13.32 12.47 12.37 
Total risk-based capital ratio (1)
13.57 14.15 15.25 14.46 14.39 
Non-regulatory capital data:
Tangible common equity / RWA ratio (1)
9.15 9.63 9.82 9.74 9.70 
(1)September 30, 2021, figures are estimated.
(2)The CECL transitional amount includes the impact of Huntington's adoption of the new CECL accounting standard on January 1, 2020 and 25% of the cumulative change in the reported allowance for credit losses since adopting CECL, excluding the allowance established at acquisition for purchased credit deteriorated loans.
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,
20212021202120202020
Dividends, per share
Cash dividends declared per common share
$0.15 $0.15 $0.15 $0.15 $0.15 
Common shares outstanding (in millions)
Average - basic
1,463 1,125 1,018 1,017 1,017 
Average - diluted
1,487 1,125 1,041 1,036 1,031 
Ending
1,446 1,477 1,018 1,017 1,017 
Tangible book value per common share (1)
$8.10 $8.23 $8.64 $8.51 $8.43 
Common share repurchases (in millions)
Number of shares repurchased
33 — — — — 
Non-regulatory capital
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20212021202120202020
Calculation of tangible equity / asset ratio:
Total shareholders’ equity
$19,499 $20,531 $13,600 $12,993 $12,917 
Less: goodwill
(5,316)(5,316)(1,990)(1,990)(1,990)
Less: other intangible assets
(255)(269)(181)(191)(201)
Add: related deferred tax liability (1)
54 56 38 40 42 
Total tangible equity
13,982 15,002 11,467 10,852 10,768 
Less: preferred equity
(2,267)(2,851)(2,676)(2,191)(2,191)
Total tangible common equity
$11,715 $12,151 $8,791 $8,661 $8,577 
Total assets
$173,878 $175,172 $125,768 $123,038 $120,116 
Less: goodwill
(5,316)(5,316)(1,990)(1,990)(1,990)
Less: other intangible assets
(255)(269)(181)(191)(201)
Add: related deferred tax liability (1)
54 56 38 40 42 
Total tangible assets
$168,361 $169,643 $123,635 $120,897 $117,967 
Tangible equity / tangible asset ratio
8.30 %8.84 %9.28 %8.98 %9.13 %
Tangible common equity / tangible asset ratio
6.96 7.16 7.11 7.16 7.27 
Other data:
Number of employees (Average full-time equivalent)
20,908 17,018 15,449 15,477 15,680 
Number of domestic full-service branches (2)
1,236 1,239 814 839 839 
ATM Count
2,317 2,340 1,314 1,322 1,330 
(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)
20212020
Amount
Percent
Assets
Interest-bearing deposits at Federal Reserve Bank$8,432 $3,326 $5,106 154 %
Interest-bearing deposits in banks
322 166 156 94 
Securities:
Trading account securities
50 61 (11)(18)
Available-for-sale securities:
Taxable
18,376 11,171 7,205 64 
Tax-exempt
2,868 2,743 125 5 
Total available-for-sale securities
21,244 13,914 7,330 53 
Held-to-maturity securities - taxable
9,185 9,384 (199)(2)
Other securities524 450 74 16 
Total securities
31,003 23,809 14,524 30 
Loans held for sale
1,404 1,055 349 33 
Loans and leases: (2)
Commercial:
Commercial and industrial35,657 31,328 4,329 14 
Commercial real estate:
Construction1,392 1,180 212 18 
Commercial8,953 5,833 3,120 53 
Commercial real estate10,345 7,013 3,332 48 
Lease financing3,336 2,276 1,060 47 
Total commercial49,338 40,617 8,721 21 
Consumer:
Automobile12,891 12,832 59 — 
Residential mortgage14,941 11,558 3,383 29 
Home equity9,771 8,933 838 9 
RV and marine4,549 3,773 776 21 
Other consumer1,161 1,105 56 5 
Total consumer43,313 38,201 5,112 13 
Total loans and leases
92,651 78,818 13,833 18 
Allowance for loan and lease losses
(1,953)(1,506)(447)(30)
Net loans and leases
90,698 77,312 13,386 17 
Total earning assets
133,812 107,174 26,638 25 
Cash and due from banks
1,242 1,128 114 10 
Goodwill and other intangible assets3,615 2,206 1,409 64 
All other assets
8,356 6,966 1,390 20 
Total assets
$145,072 $115,968 29,104 25 %
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing
$30,776 $22,985 $7,791 34 %
Money market deposits29,243 25,544 3,699 14 
Savings and other domestic deposits
16,165 10,468 5,697 54 
Core certificates of deposit (3)
2,186 2,990 (804)(27)
Other domestic deposits of $250,000 or more
320 242 78 32 
Negotiable CDS, brokered and other deposits
3,417 3,728 (311)(8)
Total interest-bearing deposits
82,107 65,957 16,150 24 
Short-term borrowings
256 1,452 (1,196)(82)
Long-term debt
7,413 9,730 (2,317)(24)
Total interest-bearing liabilities
89,776 77,139 12,637 16 
Demand deposits - noninterest-bearing
36,139 24,394 11,745 48 
All other liabilities
2,952 2,347 605 26 
Total Huntington Bancshares Inc shareholders’ equity16,196 12,088 4,108 34 
Non-controlling interest9 — 9 100 
Total equity$16,205 $12,088 $4,117 34 
Total liabilities and shareholders’ equity
$145,072 $115,968 $29,104 25 %
(1)Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.
(2)Includes nonaccrual loans and leases.
(3)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)
20212020
Assets
Interest-bearing deposits at Federal Reserve Bank $8 $4 
Interest-bearing deposits in banks
1 1 
Securities:
Trading account securities
1 1 
Available-for-sale securities:
Taxable
184 191 
Tax-exempt
52 60 
Total available-for-sale securities
236 251 
Held-to-maturity securities - taxable
124 169 
Other securities6 4 
Total securities
367 425 
Loans held for sale
31 25 
Loans and leases:
Commercial:
Commercial and industrial1,053 872 
Commercial real estate:
Construction38 35 
Commercial205 140 
Commercial real estate243 175 
Lease financing125 94 
Total commercial1,421 1,141 
Consumer:
Automobile352 379 
Residential mortgage338 307 
Home equity282 273 
RV and marine145 134 
Other consumer83 96 
Total consumer1,200 1,189 
Total loans and leases
2,621 2,330 
Total earning assets
$3,028 $2,785 
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
$9 $30 
Money market deposits15 93 
Savings and other domestic deposits
4 9 
Core certificates of deposit (3)
1 36 
Other domestic deposits of $250,000 or more
1 2 
Negotiable CDS, brokered and other deposits
4 13 
Total interest-bearing deposits
34 183 
Short-term borrowings
— 13 
Long-term debt
5 174 
Total interest-bearing liabilities
39 370 
Net interest income
$2,989 $2,415 
(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)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
Nine Months Ended September 30,
Fully-taxable equivalent basis (1)
20212020
Assets
Interest-bearing deposits in Federal Reserve Bank0.13 %0.17 %
Interest-bearing deposits in banks
0.04 0.62 
Securities:
Trading account securities
3.21 2.94 
Available-for-sale securities:
Taxable
1.33 2.28 
Tax-exempt
2.43 2.92 
Total available-for-sale securities
1.48 2.41 
Held-to-maturity securities - taxable
1.81 2.39 
Other securities1.57 1.28 
Total securities
1.58 2.38 
Loans held for sale
2.90 3.11 
Loans and leases: (3)
Commercial:
Commercial and industrial3.90 3.67 
Commercial real estate:
Construction3.58 3.93 
Commercial3.02 3.17 
Commercial real estate3.09 3.29 
Lease financing4.96 5.44 
Total commercial3.80 3.71 
Consumer:
Automobile3.65 3.94 
Residential mortgage3.02 3.54 
Home equity3.86 4.09 
RV and marine4.26 4.73 
Other consumer9.52 11.60 
Total consumer3.70 4.15 
Total loans and leases
3.75 3.92 
Total earning assets
3.03 %3.47 %
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
0.04 %0.17 %
Money market deposits0.07 0.49 
Savings and other domestic deposits
0.03 0.11 
Core certificates of deposit (4)
0.05 1.59 
Other domestic deposits of $250,000 or more
0.23 1.31 
Negotiable CDS, brokered and other deposits
0.16 0.45 
Total interest-bearing deposits
0.05 0.37 
Short-term borrowings
0.26 1.23 
Long-term debt
0.10 2.39 
Total interest-bearing liabilities
0.06 0.64 
Net interest rate spread
2.97 2.83 
Impact of noninterest-bearing funds on margin
0.02 0.18 
Net interest margin
2.99 %3.01 %
Commercial Loan Derivative Impact
 (Unaudited)
YTD Average Rates
Nine Months Ended September 30,
Fully-taxable equivalent basis (1)
20212020
Commercial loans (2)(3)
3.41 %3.39 %
Impact of commercial loan derivatives
0.39 0.32 
Total commercial - as reported
3.80 %3.71 %
Average 1 Month LIBOR
0.10 %0.65 %
(1)Fully-taxable equivalent (FTE) yields are calculated assuming a 21% tax rate. See page 21 for the FTE adjustment.
(2)Yield/rates exclude the effects of hedge and risk management activities associated with the respective asset and liability categories.
(3)Includes the impact of nonaccrual loans and leases.
(4)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)20212020AmountPercent
Interest income$3,009 $2,769 $240 9 %
Interest expense39 370 (331)(89)
Net interest income2,970 2,399 571 24 
Provision for credit losses89 945 (856)(91)
Net interest income after provision for credit losses2,881 1,454 1,427 98 
Mortgage banking income248 277 (29)(10)
Service charges on deposit accounts 271 223 48 22 
Card and payment processing income241 183 58 32 
Trust and investment management services169 140 29 21 
Leasing revenue58 14 44 314 
Capital markets fees104 91 13 14 
Insurance income77 72 5 7 
Bank owned life insurance income47 49 (2)(4)
Gain on sale of loans8 30 (22)(73)
Net gains (losses) on sales of securities10 (1)11 1,100 
Other noninterest income141 104 37 36 
Total noninterest income1,374 1,182 192 16 
Personnel costs1,703 1,267 436 34 
Outside data processing and other services581 273 308 113 
Equipment180 132 48 36 
Net occupancy209 119 90 76 
Lease financing equipment depreciation24 1 23 2,300 
Professional services91 34 57 168 
Amortization of intangibles34 31 3 10 
Marketing54 23 31 135 
Deposit and other insurance expense33 24 9 38 
Other noninterest expense245 135 110 81 
Total noninterest expense3,154 2,039 1,115 55 
Income before income taxes1,101 597 504 84 
Provision for income taxes206 96 110 115 
Income after income taxes895 501 394 79 
Income attributable to non-controlling interest1 — 1 100 
Net income attributable to Huntington Bancshares Inc894 501 393 78 
Dividends on preferred shares103 65 38 58 
Impact of preferred stock redemption15 — 15 100 
Net income applicable to common shares$776 $436 $340 78 %
Average common shares - basic 1,202 1,017 185 18 
Average common shares - diluted1,225 1,032 193 19 
Per common share
Net income - basic$0.65 $0.43 $0.22 51 %
Net income - diluted0.63 0.42 0.21 50 
Cash dividends declared0.45 0.45 — — 
Revenue - fully taxable equivalent (FTE)
Net interest income$2,970 $2,399 $571 24 %
FTE adjustment (1)19 16 3 19 
Net interest income2,989 2,415 574 24 
Noninterest income1,374 1,182 192 16 
Total revenue (1)$4,363 $3,597 $766 21 %
(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)
20212020AmountPercent
Net origination and secondary marketing income
$244 $254 (10)(4)%
Net mortgage servicing income
          Loan servicing income
55 45 10 22 
          Amortization of capitalized servicing
(61)(36)(25)(69)
     Operating (expense) income(6)9 (15)(167)
          MSR valuation adjustment (1)
28 (56)84 150 
          (Losses) gains due to MSR hedging(28)62 (90)(145)
     Net MSR risk management
— 6 (6)— 
Total net mortgage servicing income
$(6)$15 $(21)(140)%
All other10 8 2 25 
Mortgage banking income
$248 $277 $(29)(10)%
Mortgage origination volume
$12,516 $9,749 $2,767 28 %
Mortgage origination volume for sale
7,448 6,245 1,203 19 
Third party mortgage loans serviced (2)
30,554 23,334 7,220 31 
Mortgage servicing rights (2)
338 191 147 77 
MSR % of investor servicing portfolio
1.11 %0.82 %0.29 %35 %
(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)
20212020
Allowance for loan and lease losses, beginning of period
$1,814 $783 
Cumulative-effect of change in accounting principle for financial instruments - credit losses (ASU 2016-13)$— $391 
Loan and lease charge-offs(303)(400)
Recoveries of loans and leases previously charged off122 63 
Net loan and lease charge-offs(181)(337)
Provision for loan and lease losses
42 959 
Allowance on loans and leases purchased with credit deterioration432 — 
Allowance of assets sold or transferred to loans held for sale
— — 
Allowance for loan and lease losses, end of period
2,107 1,796 
Allowance for unfunded lending commitments, beginning of period$52 $104 
Cumulative-effect of change in accounting principle for financial instruments - credit losses (ASU 2016-13)— 2 
Provision for unfunded lending commitments47 (14)
Allowance for acquired unfunded loan commitments— — 
Unfunded lending commitment losses(1)(10)
Allowance for unfunded lending commitments, end of period98 82 
Total allowance for credit losses
$2,205 $1,878 
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases
1.91 %2.21 %
Nonaccrual loans and leases (NALs)
245 316 
Nonperforming assets (NPAs)
236 298 
Total allowance for credit losses (ACL) as % of:
Total loans and leases
1.99 %2.31 %
Nonaccrual loans and leases (NALs)256 330 
Nonperforming assets (NPAs)247 311 
23

Huntington Bancshares Incorporated
Year To Date Net Charge-Off Analysis
(Unaudited)
Nine Months Ended September 30,
(dollar amounts in millions)
20212020
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial$93 $233 
Commercial real estate:
Construction(1)— 
Commercial22 11 
Commercial real estate21 11 
Lease financing41 8 
Total commercial
155 252 
Consumer:
Automobile(6)27 
Residential mortgage— 2 
Home equity(4)5 
RV and marine
3 10 
Other consumer33 41 
Total consumer
26 85 
Total net charge-offs$181 $337 
Nine Months Ended September 30,
20212020
Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial0.35 %1.00 %
Commercial real estate:
Construction(0.08)(0.06)
Commercial0.32 0.25 
Commercial real estate0.27 0.20 
Lease financing1.64 0.43 
Total commercial0.42 0.83 
Consumer:
Automobile(0.06)0.28 
Residential mortgage— 0.02 
Home equity(0.05)0.09 
RV and marine
0.09 0.34 
Other consumer3.72 4.99 
Total consumer0.08 0.30 
Net charge-offs as a % of average loans0.26 %0.57 %

24

Huntington Bancshares Incorporated
Year To Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)
(Unaudited)
September 30,
(dollar amounts in millions)
20212020
Nonaccrual loans and leases (NALs):
Commercial and industrial$494 $378 
Commercial real estate103 16 
Lease financing60 10 
Automobile3 5 
Residential mortgage108 88 
Home equity87 71 
RV and marine6 1 
Other consumer
— — 
Total nonaccrual loans and leases861 569 
Other real estate, net:
Residential6 4 
Commercial1 1 
Total other real estate, net7 5 
Other NPAs (1)
25 28 
Total nonperforming assets (3)
$893 $602 
Nonaccrual loans and leases as a % of total loans and leases0.78 %0.70 %
NPA ratio (2)
0.81 0.74 
Nine Months Ended September 30,
(dollar amounts in millions)
20212020
Nonperforming assets, beginning of period$563 $498 
New nonperforming assets440 743 
Acquired NPAs629 — 
Transfer to OREO— — 
Returns to accruing status(204)(90)
Charge-offs(180)(254)
Payments(264)(210)
Sales and held-for-sale transfers
(91)(85)
Nonperforming assets, end of period (2)
$893 $602 
(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