Exhibit 99.2
HUNTINGTON BANCSHARES INCORPORATED
Quarterly Financial Supplement
September 30, 2022
Table of Contents
Quarterly Accruing Past Due Loans and Leases


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.
2022202220212Q223Q21
Net interest income (2)
$1,412 $1,267 $1,167 11 %21 %
FTE adjustment(8)(6)(7)(33)(14)
Net interest income
1,404 1,261 1,160 11 21 
Provision for credit losses106 67 (62)58 271 
Noninterest income498 485 535 3 (7)
Noninterest expense1,053 1,018 1,289 3 (18)
Income before income taxes743 661 468 12 59 
Provision for income taxes146 120 90 22 62 
Income after income taxes597 541 378 10 58 
Income attributable to non-controlling interest3 2 1 50 NM
Net income attributable to Huntington Bancshares Inc594 539 377 10 58 
Dividends on preferred shares29 28 29 4 — 
Impact of preferred stock redemption— — 15 — (100)
Net income applicable to common shares$565 $511 $333 11 %70 
Net income per common share - diluted$0.39 $0.35 $0.22 11 %77 %
Cash dividends declared per common share
0.155 0.155 0.15 — 3 
Tangible book value per common share at end of period
6.40 6.96 8.09 (8)(21)
Number of common shares repurchased
— — 33 — (100)
Average common shares - basic
1,443 1,441 1,463 — (1)
Average common shares - diluted
1,465 1,463 1,487 — (1)
Ending common shares outstanding
1,443 1,442 1,446 — — 
Return on average assets
1.31 %1.22 %0.86 %
Return on average common shareholders’ equity
13.9 12.8 7.6 
Return on average tangible common shareholders’ equity (1)
21.9 19.9 11.5 
Net interest margin (2)
3.42 3.15 2.91 
Efficiency ratio (3)
54.4 57.3 74.9 
Effective tax rate19.7 18.1 19.0 
Average total assets
$179,557 $176,561 $173,833 2 3 
Average earning assets
164,024 161,225 159,148 2 3 
Average loans and leases
116,964 113,949 109,668 3 7 
Average loans and leases - linked quarter annualized growth rate
10.6 %10.1 %102.0 %
Average total deposits
$146,008 $145,008 $142,303 1 3 
Average core deposits (4) 141,691 141,802 137,816 — 3 
Average core deposits - linked quarter annualized growth rate
(0.3)%7.6 %103.7 %
Average shareholders’ equity
18,317 18,228 19,783 — (7)
Average common total shareholders' equity
16,150 16,062 17,428 1 (7)
Average tangible common shareholders' equity
10,413 10,496 11,905 (1)(13)
Total assets at end of period
179,402 178,782 173,878 — 3 
Total shareholders’ equity at end of period
17,136 17,950 19,479 (5)(12)
NCOs as a % of average loans and leases
0.15 %0.03 %0.20 %
NAL ratio
0.51 0.57 0.79 
NPA ratio (5)0.53 0.59 0.82 
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period
1.79 1.78 1.92 
Allowance for credit losses (ACL) as a % of total loans and leases at the end of period1.89 1.87 2.01 
Common equity tier 1 risk-based capital ratio (6)9.27 9.05 9.57 
Tangible common equity / tangible asset ratio (7)5.32 5.80 6.95 
NM - Not Meaningful
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)20222021
Amount
Percent
Net interest income (2)
$3,833 $2,989 $844 28 %
FTE adjustment(22)(19)(3)(16)
Net interest income
3,811 2,970 841 28 
Provision for credit losses198 89 109 122 
Noninterest income1,482 1,374 108 8 
Noninterest expense3,124 3,154 (30)(1)
Income before income taxes
1,971 1,101 870 79 
Provision for income taxes371 206 165 80 
Income after income taxes1,600 895 705 79 
Income attributable to non-controlling interest7 1 6 NM
Net income attributable to Huntington Bancshares Inc1,593 894 699 78 
Dividends on preferred shares85 103 (18)(17)
Impact of preferred stock redemption— 15 (15)(100)
Net income applicable to common shares
$1,508 $776 $732 94 %
Net income per common share - diluted
$1.03 $0.63 $0.40 63 %
Cash dividends declared per common share
0.465 0.45 0.015 3 
Average common shares - basic
1,441 1,202 239 20 
Average common shares - diluted
1,464 1,225 239 20 
Return on average assets
1.20 %0.82 %
Return on average common shareholders’ equity
12.3 7.5 
Return on average tangible common shareholders’ equity (1)
19.1 10.6 
Net interest margin (2)
3.15 2.99 
Efficiency ratio (3)
58.0 71.7 
Effective tax rate
18.8 18.7 
Average total assets
$177,917 $145,072 $32,845 23 %
Average earning assets
162,560 133,709 28,851 22 
Average loans and leases
114,039 92,548 21,491 23 
Average total deposits
144,656 118,246 26,410 22 
Average core deposits (4) 140,890 114,509 26,381 23 
Average shareholders’ equity
18,534 16,196 2,338 14 
Average common total shareholders' equity
16,367 13,685 2,682 20 
Average tangible common shareholders' equity
10,754 10,116 638 6 
NCOs as a % of average loans and leases
0.08 %0.26 %
NAL ratio
0.51 0.79 
NPA ratio (5)0.53 0.82 

NM - Not Meaningful
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 nonperforming assets, which includes certain impaired securities and/or nonaccrual loans held for sale, and other real estate owned.
(6)September 30, 2022, 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)20222021
Percent Changes
(Unaudited)
Assets
Cash and due from banks
$1,685 $1,811 (7)%
Interest-bearing deposits at Federal Reserve Bank2,691 3,711 (27)
Interest-bearing deposits in banks
216 392 (45)
Trading account securities
32 46 (30)
Available-for-sale securities
23,306 28,460 (18)
Held-to-maturity securities
17,173 12,447 38 
Other securities
818 648 26 
Loans held for sale
893 1,676 (47)
Loans and leases (1)
118,147 111,267 6 
Allowance for loan and lease losses
(2,110)(2,030)(4)
Net loans and leases
116,037 109,237 6 
Bank owned life insurance
2,768 2,765 — 
Accrued income and other receivables1,352 1,319 3 
Premises and equipment
1,171 1,164 1 
Goodwill
5,571 5,349 4 
Servicing rights and other intangible assets715 611 17 
Other assets
4,974 4,428 12 
Total assets
$179,402 $174,064 3 %
Liabilities and shareholders’ equity
Liabilities
Deposits (2)
$146,313 $143,263 2 %
Short-term borrowings
426 334 28 
Long-term debt
10,168 7,108 43 
Other liabilities
5,324 4,041 32 
Total liabilities
162,231 154,746 5 
Shareholders' equity
Preferred stock
2,167 2,167 — 
Common stock
14 14 — 
Capital surplus
15,282 15,222 — 
Less treasury shares, at cost
(80)(79)(1)
Accumulated other comprehensive income (loss)(3,276)(229)(1,331)
Retained earnings3,029 2,202 38 
Total Huntington Bancshares Inc shareholders’ equity17,136 19,297 (11)
Non-controlling interest35 21 67 
Total equity17,171 19,318 (11)
Total liabilities and shareholders’ equity
$179,402 $174,064 3 %
Common shares authorized (par value of $0.01)
2,250,000,000 2,250,000,000 
Common shares outstanding
1,442,734,255 1,437,742,172 
Treasury shares outstanding
6,341,958 6,298,288 
Preferred stock, authorized shares
6,617,808 6,617,808 
Preferred shares outstanding
557,500 557,500 

(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)20222022202220212021
Ending Balances by Type:
Total loans
Commercial:
Commercial and industrial
$44,144 38 %$43,440 38 %$42,236 37 %$41,688 37 %$40,452 36 %
Commercial real estate:
Commercial
14,717 12 14,173 12 13,381 12 13,090 12 12,882 12 
Construction
1,739 2 1,522 1 2,010 2 1,871 2 1,812 2 
Commercial real estate
16,456 14 15,695 13 15,391 14 14,961 14 14,694 14 
Lease financing5,093 4 5,043 4 4,978 4 5,000 4 4,991 5 
Total commercial
65,693 56 64,178 55 62,605 55 61,649 55 60,137 55 
Consumer:
Residential mortgage21,816 18 21,220 18 19,942 18 19,256 17 18,922 17 
Automobile
13,430 11 13,622 12 13,480 12 13,434 12 13,305 12 
Home equity
10,440 9 10,426 9 10,343 9 10,550 9 10,919 10 
RV and marine
5,436 5 5,453 5 5,191 5 5,058 5 5,052 5 
Other consumer
1,332 1 1,322 1 1,256 1 1,320 2 1,223 1 
Total consumer
52,454 44 52,043 45 50,212 45 49,618 45 49,421 45 
Total loans and leases
$118,147 100 %$116,221 100 %$112,817 100 %$111,267 100 %$109,558 100 %
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Ending Balances by Business Segment:
Commercial Banking$54,515 47 %$52,845 45 %$51,132 45 %$49,372 44 %$46,988 43 %
Consumer and Business Banking32,115 27 32,144 28 31,756 29 32,715 30 34,267 31 
Vehicle Finance21,707 18 21,848 19 21,344 19 20,968 19 20,353 19 
RBHPCG (Regional Banking and The Huntington Private Client Group)9,586 8 9,181 8 8,435 7 8,012 7 7,743 7 
Treasury / Other224 — 203 — 150 — 200 — 207 — 
Total loans and leases$118,147 100 %$116,221 100 %$112,817 100 %$111,267 100 %$109,558 100 %
Average Balances by Business Segment:
Commercial Banking$53,255 46 %$51,280 45 %$49,515 45 %$47,281 43 %$46,180 43 %
Consumer and Business Banking32,116 27 31,926 28 32,134 29 33,434 31 35,544 32 
Vehicle Finance21,748 19 21,601 19 21,155 19 20,598 19 20,219 18 
RBHPCG9,416 8 8,786 8 8,178 7 7,842 7 7,527 7 
Treasury / Other429 — 356 — 160 — 333 — 198 — 
Total loans and leases
$116,964 100 %$113,949 100 %$111,142 100 %$109,488 100 %$109,668 100 %

5

Huntington Bancshares Incorporated
Deposits Composition
(Unaudited)
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Ending Balances by Type:
Demand deposits - noninterest-bearing
$40,762 28 %$42,131 29 %$43,824 29 %$43,236 30 %$44,560 31 %
Demand deposits - interest-bearing
43,673 30 41,433 28 42,099 29 39,837 28 36,423 26 
Money market deposits33,811 23 34,257 24 33,444 23 32,522 23 32,662 23 
Savings and other domestic deposits
21,274 15 21,583 15 21,716 15 21,088 15 20,773 15 
Core certificates of deposit (1)
2,115 1 2,103 1 2,358 2 2,740 2 3,080 2 
Total core deposits141,635 97 141,507 97 143,441 98 139,423 98 137,498 97 
Other domestic deposits of $250,000 or more186 — 221 — 274 — 359 — 521 — 
Negotiable CDS, brokered and other deposits
4,492 3 3,707 3 3,250 2 3,481 2 3,879 3 
Total deposits
$146,313 100 %$145,435 100 %$146,965 100 %$143,263 100 %$141,898 100 %
Total core deposits:
Commercial$65,151 46 %$63,629 45 %$64,013 45 %$61,521 44 %$61,210 45 %
Consumer76,484 54 77,878 55 79,428 55 77,902 56 76,288 55 
Total core deposits
$141,635 100 %$141,507 100 %$143,441 100 %$139,423 100 %$137,498 100 %
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Ending Balances by Business Segment:
Commercial Banking$37,194 25 %$34,670 24 %$35,034 24 %$31,845 22 %$32,531 23 %
Consumer and Business Banking93,854 65 95,693 66 96,907 65 95,352 67 94,439 67 
Vehicle Finance1,173 1 1,291 1 1,323 1 1,401 1 1,437 1 
RBHPCG8,982 6 9,226 6 9,672 7 10,162 7 9,025 6 
Treasury / Other (2)5,110 3 4,555 3 4,029 3 4,503 3 4,466 3 
Total deposits
$146,313 100 %$145,435 100 %$146,965 100 %$143,263 100 %$141,898 100 %
Average Balances by Business Segment:
Commercial Banking$36,636 25 %$35,156 24 %$33,355 23 %$31,950 22 %$32,867 23 %
Consumer and Business Banking93,924 65 95,263 65 94,464 66 94,593 67 94,719 67 
Vehicle Finance1,252 1 1,257 1 1,289 1 1,501 1 1,328 1 
RBHPCG9,242 6 9,493 7 9,520 7 9,505 7 8,587 6 
Treasury / Other (2)4,954 3 3,839 3 4,289 3 4,754 3 4,802 3 
Total deposits
$146,008 100 %$145,008 100 %$142,917 100 %$142,303 100 %$142,303 100 %
(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)202220222022202120212Q223Q21
Assets
Interest-bearing deposits at Federal Reserve Bank $3,204 $3,532 $7,195 $7,227 $11,536 (9)%(72)%
Interest-bearing deposits in banks
260 161 174 521 466 61 (44)
Securities:
Trading account securities
24 30 46 51 49 (20)(51)
Available-for-sale securities:
Taxable
21,677 21,672 24,205 23,895 20,147 — 8 
Tax-exempt
2,917 2,859 2,886 3,057 3,116 2 (6)
Total available-for-sale securities
24,594 24,531 27,091 26,952 23,263 — 6 
Held-to-maturity securities - taxable
17,188 17,234 14,556 12,421 11,964 — 44 
Other securities804 755 967 651 677 6 19 
Total securities
42,610 42,550 42,660 40,075 35,953 — 19 
Loans held for sale
986 1,033 1,243 1,381 1,525 (5)(35)
Loans and leases: (2)
Commercial:
Commercial and industrial
43,598 42,689 41,397 40,582 40,597 2 7 
Commercial real estate:
Commercial
14,405 13,516 13,186 12,758 12,891 7 12 
Construction
1,697 1,760 1,877 1,820 1,803 (4)(6)
Commercial real estate
16,102 15,276 15,063 14,578 14,694 5 10 
Lease financing4,981 4,919 4,912 4,933 4,983 1 — 
Total commercial
64,681 62,884 61,372 60,093 60,274 3 7 
Consumer:
Residential mortgage
21,552 20,527 19,505 18,955 18,886 5 14 
Automobile13,514 13,557 13,463 13,355 13,209 — 2 
Home equity10,431 10,373 10,414 10,748 11,106 1 (6)
RV and marine 5,454 5,317 5,103 5,040 4,998 3 9 
Other consumer
1,332 1,291 1,285 1,297 1,195 3 11 
Total consumer
52,283 51,065 49,770 49,395 49,394 2 6 
Total loans and leases
116,964 113,949 111,142 109,488 109,668 3 7 
Allowance for loan and lease losses
(2,099)(2,053)(2,047)(2,112)(2,219)(2)5 
Net loans and leases
114,865 111,896 109,095 107,376 107,449 3 7 
Total earning assets
164,024 161,225 162,414 158,692 159,148 2 3 
Cash and due from banks
1,697 1,669 1,648 1,695 1,535 2 11 
Goodwill and other intangible assets5,781 5,613 5,584 5,570 5,578 3 4 
All other assets
10,154 10,107 10,013 9,827 9,791 — 4 
Total assets
$179,557 $176,561 $177,612 $173,672 $173,833 2 %3 %
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing
$42,038 $41,712 $40,634 $38,441 $35,690 1 %18 %
Money market deposits
34,058 33,791 32,672 32,400 33,281 1 2 
Savings and other domestic deposits
21,439 21,683 21,316 20,896 20,931 (1)2 
Core certificates of deposit (3)
2,040 2,228 2,560 2,909 3,319 (8)(39)
Other domestic deposits of $250,000 or more
193 225 316 452 582 (14)(67)
Negotiable CDS, brokered and other deposits
4,124 2,981 3,453 3,843 3,905 38 6 
Total interest-bearing deposits
103,892 102,620 100,951 98,941 97,708 1 6 
Short-term borrowings
2,609 2,103 4,728 342 317 24 723 
Long-term debt
8,251 7,024 6,914 7,674 7,587 17 9 
Total interest-bearing liabilities
114,752 111,747 112,593 106,957 105,612 3 9 
Demand deposits - noninterest-bearing
42,116 42,388 41,966 43,362 44,595 (1)(6)
All other liabilities
4,340 4,168 3,964 3,957 3,823 4 14 
Total Huntington Bancshares Inc shareholders’ equity18,317 18,228 19,064 19,375 19,783 — (7)
Non-controlling interest32 30 25 21 20 7 60 
Total equity18,349 18,258 19,089 19,396 19,803 — (7)
Total liabilities and shareholders’ equity
$179,557 $176,561 $177,612 $173,672 $173,833 2 %3 %
(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)20222022202220212021
Assets
Interest-bearing deposits at Federal Reserve Bank $19 $7 $3 $3 $4 
Interest-bearing deposits in banks
2 1 — — 1 
Securities:
Trading account securities
— 1 — — — 
Available-for-sale securities:
Taxable
165 123 90 77 68 
Tax-exempt
25 19 22 19 18 
Total available-for-sale securities
190 142 112 96 86 
Held-to-maturity securities - taxable
95 90 66 50 47 
Other securities7 6 5 4 2 
Total securities
292 239 183 150 135 
Loans held for sale
13 10 10 10 13 
Loans and leases:
Commercial:
Commercial and industrial490 415 392 393 419 
Commercial real estate:
Commercial169 115 97 102 105 
Construction21 16 17 17 17 
Commercial real estate190 131 114 119 122 
Lease financing63 61 61 61 61 
Total commercial743 607 567 573 602 
Consumer:
Residential mortgage174 158 146 141 139 
Automobile120 115 112 119 121 
Home equity143 115 102 109 113 
RV and marine59 55 52 54 55 
Other consumer32 30 28 29 29 
Total consumer528 473 440 452 457 
Total loans and leases
1,271 1,080 1,007 1,025 1,059 
Total earning assets
$1,597 $1,337 $1,203 $1,188 $1,212 
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
$42 $11 $3 $3 $3 
Money market deposits25 8 4 6 7 
Savings and other domestic deposits
1 1 1 1 1 
Core certificates of deposit (3)
1 — 1 — (2)
Other domestic deposits of $250,000 or more
— — — — 1 
Negotiable CDS, brokered and other deposits
23 5 2 1 1 
Total interest-bearing deposits
92 25 11 11 11 
Short-term borrowings
22 7 7 1 — 
Long-term debt
71 38 31 38 34 
Total interest-bearing liabilities185 70 49 50 45 
Net interest income
$1,412 $1,267 $1,154 $1,138 $1,167 
(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)
20222022202220212021
Assets
Interest-bearing deposits at Federal Reserve Bank2.39 %0.80 %0.17 %0.15 %0.17 %
Interest-bearing deposits in banks
3.31 1.32 0.15 0.06 0.04 
Securities:
Trading account securities
4.12 3.99 3.39 3.67 2.98 
Available-for-sale securities:
Taxable
3.06 2.25 1.49 1.29 1.34 
Tax-exempt
3.39 2.71 3.00 2.40 2.37 
Total available-for-sale securities
3.09 2.30 1.65 1.42 1.48 
Held-to-maturity securities - taxable
2.21 2.10 1.81 1.59 1.58 
Other securities3.21 3.62 1.88 2.18 1.43 
Total securities
2.74 2.24 1.72 1.49 1.52 
Loans held for sale
4.98 4.08 3.15 3.14 3.23 
Loans and leases: (3)
Commercial:
Commercial and industrial4.40 3.84 3.79 3.79 4.04 
Commercial real estate:
Commercial4.57 3.38 2.94 3.14 3.17 
Construction4.95 3.70 3.52 3.71 3.68 
Commercial real estate4.61 3.41 3.01 3.21 3.23 
Lease financing4.95 4.98 4.93 4.81 4.84 
Total commercial4.50 3.83 3.69 3.73 3.91 
Consumer:
Residential mortgage3.23 3.09 2.99 2.97 2.95 
Automobile3.53 3.40 3.38 3.53 3.62 
Home equity5.43 4.44 3.99 4.01 4.03 
RV and marine 4.29 4.12 4.15 4.31 4.33 
Other consumer9.55 9.08 8.96 9.06 9.72 
Total consumer4.02 3.70 3.57 3.64 3.67 
Total loans and leases
4.28 3.77 3.64 3.69 3.80 
Total earning assets
3.86 3.33 3.00 2.97 3.02 
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
0.40 0.10 0.03 0.03 0.04 
Money market deposits0.29 0.09 0.05 0.08 0.08 
Savings and other domestic deposits
0.02 0.02 0.02 0.02 0.03 
Core certificates of deposit (4)
0.10 0.07 0.14 — (0.23)
Other domestic deposits of $250,000 or more
0.35 0.23 0.08 0.18 0.21 
Negotiable CDS, brokered and other deposits
2.25 0.72 0.17 0.14 0.15 
Total interest-bearing deposits
0.35 0.10 0.04 0.05 0.05 
Short-term borrowings
3.31 1.40 0.57 0.09 0.14 
Long-term debt
3.40 2.16 1.83 1.93 1.81 
Total interest-bearing liabilities
0.64 0.25 0.18 0.18 0.17 
Net interest rate spread
3.22 3.08 2.82 2.79 2.85 
Impact of noninterest-bearing funds on margin
0.20 0.07 0.06 0.06 0.06 
Net interest margin
3.42 %3.15 %2.88 %2.85 %2.91 %
Commercial Loan Derivative Impact
(Unaudited)
Average Rates
20222022202220212021
Fully-taxable equivalent basis (1)
ThirdSecondFirstFourthThird
Commercial loans (2)(3)
4.62 %3.69 %3.47 %3.53 %3.65 %
Impact of commercial loan derivatives
(0.12)0.14 0.22 0.20 0.26 
Total commercial - as reported
4.50 %3.83 %3.69 %3.73 %3.91 %
Average 1 Month LIBOR
2.46 %1.01 %0.23 %0.09 %0.09 %
(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,
20222022202220212021
Interest income
$1,589 $1,331 $1,195 $1,182 $1,205 
Interest expense
185 70 49 50 45 
Net interest income
1,404 1,261 1,146 1,132 1,160 
Provision for credit losses106 67 25 (64)(62)
Net interest income after provision for credit losses1,298 1,194 1,121 1,196 1,222 
Service charges on deposit accounts 93 105 97 101 114 
Card and payment processing income96 96 86 93 96 
Mortgage banking income26 44 49 61 81 
Trust and investment management services60 63 65 63 61 
Capital markets fees73 54 42 47 40 
Insurance income28 27 31 28 25 
Leasing revenue29 27 35 41 42 
Bank owned life insurance income13 11 17 22 15 
Gain on sale of loans15 12 28 1 2 
Net gains (losses) on sales of securities— — — (1)— 
Other noninterest income65 46 49 59 59 
Total noninterest income
498 485 499 515 535 
Personnel costs614 577 580 632 643 
Outside data processing and other services145 153 165 269 304 
Net occupancy63 58 64 68 95 
Equipment60 61 81 68 79 
Professional services18 19 19 22 26 
Marketing24 24 21 35 25 
Deposit and other insurance expense15 20 18 18 17 
Amortization of intangibles13 13 14 14 13 
Lease financing equipment depreciation11 11 14 17 19 
Other noninterest expense90 82 77 78 68 
Total noninterest expense
1,053 1,018 1,053 1,221 1,289 
Income before income taxes743 661 567 490 468 
Provision for income taxes146 120 105 88 90 
Income after income taxes597 541 462 402 378 
Income attributable to non-controlling interest3 2 2 1 1 
Net income attributable to Huntington Bancshares Inc594 539 460 401 377 
Dividends on preferred shares29 28 28 28 29 
Impact of preferred stock redemption— — — (4)15 
Net income applicable to common shares$565 $511 $432 $377 $333 
Average common shares - basic
1,443 1,441 1,438 1,444 1,463 
Average common shares - diluted
1,465 1,463 1,464 1,471 1,487 
Per common share
Net income - basic$0.39 $0.35 $0.30 $0.26 $0.23 
Net income - diluted0.39 0.35 0.29 0.26 0.22 
Cash dividends declared
0.155 0.155 0.155 0.155 0.15 
Revenue - fully-taxable equivalent (FTE)
Net interest income
$1,404 $1,261 $1,146 $1,132 $1,160 
FTE adjustment
8 6 8 6 7 
Net interest income (1)
1,412 1,267 1,154 1,138 1,167 
Noninterest income
498 485 499 515 535 
Total revenue (1)
$1,910 $1,752 $1,653 $1,653 $1,702 
(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)
202220222022202120212Q223Q21
Net origination and secondary marketing income
$25 $27 $37 $56 $80 (7)%(69)%
Net mortgage servicing income
          Loan servicing income
22 22 22 22 21 — 5 
          Amortization of capitalized servicing(14)(16)(15)(20)(21)13 33 
    Operating income8 6 7 2 — 33 100 
          MSR valuation adjustment (1)17 44 51 (1)1 (61)NM
          (Losses) gains due to MSR hedging(24)(34)(47)2 (4)29 NM
     Net MSR risk management (7)10 4 1 (3)(170)(133)
Total net mortgage servicing income (expense)$1 $16 $11 $3 $(3)(94)%133 %
All other— 1 1 2 4 (100)(100)
Mortgage banking income
$26 $44 $49 $61 $81 (41)%(68)%
Mortgage origination volume$2,491 $3,366 $2,881 $3,880 $4,467 (26)%(44)%
Mortgage origination volume for sale
1,339 1,263 1,519 2,380 2,514 6 (47)
Third party mortgage loans serviced (2)31,988 31,704 31,570 31,017 30,554 1 5 
Mortgage servicing rights (2)486 463 416 351 338 5 44 
MSR % of investor servicing portfolio (2)1.52 %1.46 %1.32 %1.13 %1.11 %4 %37 %
NM - Not Meaningful
(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)20222022202220212021
Allowance for loan and lease losses, beginning of period
$2,074 $2,018 $2,030 $2,107 $2,218 
Loan and lease charge-offs(83)(52)(81)(79)(106)
Recoveries of loans and leases previously charged-off39 44 62 45 51 
Net loan and lease charge-offs(44)(8)(19)(34)(55)
Provision (benefit) for loan and lease losses80 64 7 (43)(56)
Allowance for loan and lease losses, end of period
2,110 2,074 2,018 2,030 2,107 
Allowance for unfunded lending commitments, beginning of period94 91 77 98 104 
Provision (reduction in allowance) for unfunded lending commitments26 3 14 (21)(6)
Allowance for unfunded lending commitments, end of period120 94 91 77 98 
Total allowance for credit losses, end of period
$2,230 $2,168 $2,109 $2,107 $2,205 
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases1.79 %1.78 %1.79 %1.82 %1.92 %
Nonaccrual loans and leases (NALs)
351 316 296 284 245 
Nonperforming assets (NPAs)
336 304 285 271 236 
Total allowance for credit losses (ACL) as % of:
Total loans and leases
1.89 %1.87 %1.87 %1.89 %2.01 %
Nonaccrual loans and leases (NALs)371 330 309 294 256 
Nonperforming assets (NPAs)355 318 298 281 247 

Three Months Ended
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Allocation of allowance for credit losses
Commercial
Commercial and industrial$860 $804 $937 $832 $801 
Commercial real estate504 498 521 586 678 
Lease financing50 40 56 44 70 
Total commercial1,414 1,342 1,514 1,462 1,549 
Consumer
Residential mortgage178 177 139 145 127 
Automobile118 146 101 108 122 
Home equity126 131 60 88 108 
RV and marine127 147 96 105 111 
Other consumer147 131 108 122 90 
Total consumer696 732 504 568 558 
Total allowance for loan and lease losses2,110 2,074 2,018 2,030 2,107 
Allowance for unfunded lending commitments120 94 91 77 98 
Total allowance for credit losses$2,230 $2,168 $2,109 $2,107 $2,205 


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)20222022202220212021
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial
$16 $(4)$(23)$6 $28 
Commercial real estate
(3)(4)8 (4)7 
Lease financing2 (3)5 3 12 
Total commercial
15 (11)(10)5 47 
Consumer:
Residential mortgage(1)(1)— (1)— 
Automobile3 — — — (4)
Home equity(2)(2)(1)(1)(3)
RV and marine
2 1 3 2 — 
Other consumer
27 21 27 29 15 
Total consumer
29 19 29 29 8 
Total net charge-offs$44 $8 $19 $34 $55 
Three Months Ended
September 30,June 30,March 31,December 31,September 30,
20222022202220212021
Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial
0.15 %(0.04)%(0.22)%0.06 %0.28 %
Commercial real estate
(0.06)(0.11)0.22 (0.12)0.21 
Lease financing0.17 (0.24)0.40 0.24 0.87 
Total commercial
0.10 (0.07)(0.06)0.03 0.31 
Consumer:
Residential mortgage(0.02)(0.02)— (0.01)— 
Automobile0.07 — 0.01 (0.03)(0.10)
Home equity(0.07)(0.08)(0.03)(0.04)(0.08)
RV and marine
0.17 0.10 0.20 0.13 (0.01)
Other consumer
8.09 6.60 8.46 9.21 4.84 
Total consumer
0.22 0.15 0.23 0.23 0.07 
Net charge-offs as a % of average loans and leases0.15 %0.03 %0.07 %0.12 %0.20 %

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)
20222022202220212021
Nonaccrual loans and leases (NALs):
Commercial and industrial
$288 $324 $323 $370 $494 
Commercial real estate
110 117 114 104 103 
Lease financing30 22 38 48 60 
Residential mortgage94 111 117 111 108 
Automobile4 4 4 3 3 
Home equity
75 78 84 79 87 
RV and marine
1 1 2 1 6 
Total nonaccrual loans and leases
602 657 682 716 861 
Other real estate, net:
Residential
11 11 10 8 6 
Commercial
— — 1 1 1 
Total other real estate, net11 11 11 9 7 
Other NPAs (2)14 14 15 25 25 
Total nonperforming assets
$627 $682 $708 $750 $893 
Nonaccrual loans and leases as a % of total loans and leases
0.51 %0.57 %0.60 %0.64 %0.79 %
NPA ratio (3)0.53 0.59 0.63 0.67 0.82 
(NPA+90days)/(Loan+OREO) (4)
0.72 0.77 0.88 0.86 0.97 
Three Months Ended
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Nonperforming assets, beginning of period$682 $708 $750 $893 $1,014 
New nonperforming assets119 181 204 146 195 
Returns to accruing status(42)(81)(57)(99)(125)
Charge-offs(39)(26)(32)(35)(51)
Payments(89)(97)(155)(152)(128)
Sales(4)(3)(2)(3)(12)
Nonperforming assets, end of period$627 $682 $708 $750 $893 
(1)December 31, 2021 and all periods prior generally exclude loans and leases 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
(Unaudited)
 September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Accruing loans and leases past due 90+ days:
Commercial and industrial
$29 $11 $10 $13 $6 
Lease financing18 10 12 11 12 
Residential mortgage (excluding loans guaranteed by the U.S. Government)17 14 25 25 16 
Automobile6 6 6 6 5 
Home equity12 13 12 17 10 
RV and marine2 2 1 3 2 
Other consumer
3 2 2 3 2 
Total, excl. loans guaranteed by the U.S. Government
87 58 68 78 53 
Add: loans guaranteed by U.S. Government
136 154 212 132 122 
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government
$223 $212 $280 $210 $175 
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases
0.07 %0.05 %0.06 %0.07 %0.05 %
Guaranteed by U.S. Government, as a percent of total loans and leases
0.12 0.13 0.19 0.12 0.11 
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases
0.19 0.18 0.25 0.19 0.16 

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)20222022202220212021
Common equity tier 1 risk-based capital ratio: (1)
Total shareholders’ equity
$17,136 $17,950 $18,452 $19,297 $19,479 
Regulatory capital adjustments:
CECL transitional amount (2)328 328 328 437 440 
Shareholders’ preferred equity and related surplus(2,177)(2,177)(2,177)(2,177)(2,281)
Accumulated other comprehensive loss offset3,276 2,098 1,314 230 125 
Goodwill and other intangibles, net of taxes(5,675)(5,686)(5,474)(5,484)(5,477)
Deferred tax assets that arise from tax loss and credit carryforwards
(29)(36)(46)(54)(36)
Common equity tier 1 capital
12,859 12,477 12,397 12,249 12,250 
Additional tier 1 capital
Shareholders’ preferred equity and related surplus2,177 2,177 2,177 2,177 2,281 
Tier 1 capital
15,036 14,654 14,574 14,426 14,531 
Long-term debt and other tier 2 qualifying instruments
1,441 1,462 1,464 1,539 1,552 
Qualifying allowance for loan and lease losses
1,637 1,541 1,485 1,281 1,290 
Tier 2 capital
3,078 3,003 2,949 2,820 2,842 
Total risk-based capital
$18,114 $17,657 $17,523 $17,246 $17,373 
Risk-weighted assets (RWA)(1)
$138,788 $137,841 $134,484 $131,266 $128,023 
Common equity tier 1 risk-based capital ratio (1)
9.27 %9.05 %9.22 %9.33 %9.57 %
Other regulatory capital data:
Tier 1 leverage ratio (1)
8.51 8.46 8.43 8.56 8.62 
Tier 1 risk-based capital ratio (1)
10.83 10.63 10.84 10.99 11.35 
Total risk-based capital ratio (1)
13.05 12.81 13.03 13.14 13.57 
Non-regulatory capital data:
Tangible common equity / RWA ratio (1)
6.66 7.28 8.00 8.83 9.14 
(1)September 30, 2022, figures are estimated.
(2)Upon adoption in 2020, Huntington elected to temporarily delay certain effects of CECL on regulatory capital, utilizing a two-year delay followed by a three-year transition period. January 1, 2022 began the three-year transition period, whereby 100% of the day-one impact of adopting CECL and 25% of the cumulative change in the reported allowance for credit losses since adopting CECL will be recognized over the three-year transition period. As of March 31, 2022, June 30, 2022 and September 30, 2022, 25% of the cumulative CECL deferral has been phased in.
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,
20222022202220212021
Cash dividends declared per common share
$0.155 $0.155 $0.155 $0.155 $0.15 
Common shares outstanding (in millions)
Average - basic
1,443 1,441 1,438 1,444 1,463 
Average - diluted
1,465 1,463 1,464 1,471 1,487 
Ending
1,443 1,442 1,439 1,438 1,446 
Tangible book value per common share (1)
$6.40 $6.96 $7.47 $8.06 $8.09 
Common share repurchases (in millions)
Number of shares repurchased
— — — 10 33 

Non-regulatory capital
September 30,June 30,March 31,December 31,September 30,
(dollar amounts in millions)20222022202220212021
Calculation of tangible equity / asset ratio:
Total shareholders’ equity$17,136 $17,950 $18,452 $19,297 $19,479 
Goodwill and other intangible assets(5,775)(5,788)(5,577)(5,591)(5,571)
Deferred tax liability on other intangible assets (1)43 46 48 51 54 
Total tangible equity
11,404 12,208 12,923 13,757 13,962 
Preferred equity(2,167)(2,167)(2,167)(2,167)(2,267)
Total tangible common equity
$9,237 $10,041 $10,756 $11,590 $11,695 
Total assets
$179,402 $178,782 $176,856 $174,064 $173,878 
Goodwill and other intangible assets(5,775)(5,788)(5,577)(5,591)(5,571)
Deferred tax liability on other intangible assets (1)43 46 48 51 54 
Total tangible assets
$173,670 $173,040 $171,327 $168,524 $168,361 
Tangible equity / tangible asset ratio
6.57 %7.06 %7.54 %8.16 %8.29 %
Tangible common equity / tangible asset ratio
5.32 5.80 6.28 6.88 6.95 
Other data:
Number of employees (Average full-time equivalent)
19,997 19,866 19,722 20,309 20,908 
Number of domestic full-service branches (2)
1,032 1,032 1,030 1,092 1,236 
ATM Count
1,715 1,731 1,729 1,756 2,317 
(1)Deferred tax liability related to other intangible assets is 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)
20222021
Amount
Percent
Assets
Interest-bearing deposits at Federal Reserve Bank$4,629 $8,432 $(3,803)(45)%
Interest-bearing deposits in banks
200 322 (122)(38)
Securities:
Trading account securities
33 50 (17)(34)
Available-for-sale securities:
Taxable
22,509 18,376 4,133 22 
Tax-exempt
2,887 2,868 19 1 
Total available-for-sale securities
25,396 21,244 4,152 20 
Held-to-maturity securities - taxable
16,336 9,185 7,151 78 
Other securities841 524 317 60 
Total securities
42,606 31,003 11,603 37 
Loans held for sale
1,086 1,404 (318)(23)
Loans and leases: (2)
Commercial:
Commercial and industrial42,569 35,657 6,912 19 
Commercial real estate:
Commercial13,707 8,953 4,754 53 
Construction1,777 1,392 385 28 
Commercial real estate15,484 10,345 5,139 50 
Lease financing4,938 3,336 1,602 48 
Total commercial62,991 49,338 13,653 28 
Consumer:
Residential mortgage20,536 14,941 5,595 37 
Automobile13,512 12,891 621 5 
Home equity10,406 9,771 635 6 
RV and marine5,293 4,549 744 16 
Other consumer1,301 1,058 243 23 
Total consumer51,048 43,210 7,838 18 
Total loans and leases
114,039 92,548 21,491 23 
Allowance for loan and lease losses
(2,067)(1,953)(114)(6)
Net loans and leases
111,972 90,595 21,377 24 
Total earning assets
162,560 133,709 28,851 22 
Cash and due from banks
1,672 1,242 430 35 
Goodwill and other intangible assets5,660 3,615 2,045 57 
All other assets
10,092 8,459 1,633 19 
Total assets
$177,917 $145,072 $32,845 23 %
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing
$41,467 $30,776 $10,691 35 %
Money market deposits33,512 29,243 4,269 15 
Savings and other domestic deposits
21,480 16,165 5,315 33 
Core certificates of deposit (3)
2,274 2,186 88 4 
Other domestic deposits of $250,000 or more
244 320 (76)(24)
Negotiable CDS, brokered and other deposits
3,522 3,417 105 3 
Total interest-bearing deposits
102,499 82,107 20,392 25 
Short-term borrowings
3,139 256 2,883 NM
Long-term debt
7,401 7,413 (12)— 
Total interest-bearing liabilities
113,039 89,776 23,263 26 
Demand deposits - noninterest-bearing
42,157 36,139 6,018 17 
All other liabilities
4,158 2,952 1,206 41 
Total Huntington Bancshares Inc shareholders’ equity18,534 16,196 2,338 14 
Non-controlling interest29 9 20 NM
Total equity$18,563 $16,205 $2,358 15 
Total liabilities and shareholders’ equity
$177,917 $145,072 $32,845 23 %
NM - Not Meaningful
(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)
20222021
Assets
Interest-bearing deposits at Federal Reserve Bank $29 $8 
Interest-bearing deposits in banks
3 1 
Securities:
Trading account securities
1 1 
Available-for-sale securities:
Taxable
378 184 
Tax-exempt
66 52 
Total available-for-sale securities
444 236 
Held-to-maturity securities - taxable
251 124 
Other securities18 6 
Total securities
714 367 
Loans held for sale
33 31 
Loans and leases:
Commercial:
Commercial and industrial1,297 1,053 
Commercial real estate:
Commercial381 205 
Construction54 38 
Commercial real estate435 243 
Lease financing185 125 
Total commercial1,917 1,421 
Consumer:
Residential mortgage478 338 
Automobile347 352 
Home equity360 282 
RV and marine166 145 
Other consumer90 83 
Total consumer1,441 1,200 
Total loans and leases
3,358 2,621 
Total earning assets
$4,137 $3,028 
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
$56 $9 
Money market deposits37 15 
Savings and other domestic deposits
3 4 
Core certificates of deposit (3)
2 1 
Other domestic deposits of $250,000 or more
— 1 
Negotiable CDS, brokered and other deposits
30 4 
Total interest-bearing deposits
128 34 
Short-term borrowings
36 — 
Long-term debt
140 5 
Total interest-bearing liabilities
304 39 
Net interest income
$3,833 $2,989 
(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)
20222021
Assets
Interest-bearing deposits in Federal Reserve Bank0.84 %0.13 %
Interest-bearing deposits in banks
1.85 0.04 
Securities:
Trading account securities
3.75 3.21 
Available-for-sale securities:
Taxable
2.24 1.33 
Tax-exempt
3.04 2.43 
Total available-for-sale securities
2.33 1.48 
Held-to-maturity securities - taxable
2.05 1.81 
Other securities2.83 1.57 
Total securities
2.23 1.58 
Loans held for sale
4.00 2.90 
Loans and leases: (3)
Commercial:
Commercial and industrial4.02 3.90 
Commercial real estate:
Commercial3.66 3.02 
Construction4.04 3.58 
Commercial real estate3.70 3.09 
Lease financing4.95 4.96 
Total commercial4.01 3.80 
Consumer:
Residential mortgage3.10 3.02 
Automobile3.44 3.65 
Home equity4.62 3.86 
RV and marine4.19 4.26 
Other consumer9.21 10.44 
Total consumer3.77 3.71 
Total loans and leases
3.91 3.76 
Total earning assets
3.40 %3.03 %
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing
0.18 %0.04 %
Money market deposits0.15 0.07 
Savings and other domestic deposits
0.02 0.03 
Core certificates of deposit (4)
0.10 0.05 
Other domestic deposits of $250,000 or more
0.24 0.23 
Negotiable CDS, brokered and other deposits
1.14 0.16 
Total interest-bearing deposits
0.17 0.05 
Short-term borrowings
1.52 0.26 
Long-term debt
2.51 0.10 
Total interest-bearing liabilities
0.36 0.06 
Net interest rate spread
3.04 2.97 
Impact of noninterest-bearing funds on margin
0.11 0.02 
Net interest margin
3.15 %2.99 %
Commercial Loan Derivative Impact
 (Unaudited)
YTD Average Rates
Nine Months Ended September 30,
Fully-taxable equivalent basis (1)
20222021
Commercial loans (2)(3)
3.93 %3.41 %
Impact of commercial loan derivatives
0.08 0.39 
Total commercial - as reported
4.01 %3.80 %
Average 1 Month LIBOR
1.24 %0.10 %
(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)20222021AmountPercent
Interest income$4,115 $3,009 $1,106 37 %
Interest expense304 39 265 NM
Net interest income3,811 2,970 841 28 
Provision for credit losses198 89 109 122 
Net interest income after provision for credit losses3,613 2,881 732 25 
Service charges on deposit accounts 295 271 24 9 
Card and payment processing income278 241 37 15 
Mortgage banking income119 248 (129)(52)
Trust and investment management services188 169 19 11 
Capital markets fees169 104 65 63 
Insurance income86 77 9 12 
Leasing revenue91 58 33 57 
Bank owned life insurance income41 47 (6)(13)
Gain on sale of loans55 8 47 NM
Net gains (losses) on sales of securities— 10 (10)(100)
Other noninterest income160 141 19 13 
Total noninterest income1,482 1,374 108 8 
Personnel costs1,771 1,703 68 4 
Outside data processing and other services463 581 (118)(20)
Net occupancy185 209 (24)(11)
Equipment202 180 22 12 
Professional services56 91 (35)(38)
Marketing69 54 15 28 
Deposit and other insurance expense53 33 20 61 
Amortization of intangibles40 34 6 18 
Lease financing equipment depreciation36 24 12 50 
Other noninterest expense249 245 4 2 
Total noninterest expense3,124 3,154 (30)(1)
Income before income taxes1,971 1,101 870 79 
Provision for income taxes371 206 165 80 
Income after income taxes1,600 895 705 79 
Income attributable to non-controlling interest7 1 6 NM
Net income attributable to Huntington Bancshares Inc1,593 894 699 78 
Dividends on preferred shares85 103 (18)(17)
Impact of preferred stock redemption— 15 (15)(100)
Net income applicable to common shares$1,508 $776 $732 94 %
Average common shares - basic 1,441 1,202 239 20 
Average common shares - diluted1,464 1,225 239 20 
Per common share
Net income - basic$1.05 $0.65 $0.40 62 %
Net income - diluted1.03 0.63 0.40 63 
Cash dividends declared0.465 0.45 0.02 3 
Revenue - fully taxable equivalent (FTE)
Net interest income$3,811 $2,970 $841 28 %
FTE adjustment (1)22 19 3 16 
Net interest income3,833 2,989 844 28 
Noninterest income1,482 1,374 108 8 
Total revenue (1)$5,315 $4,363 $952 22 %
NM - Not Meaningful
(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)20222021AmountPercent
Net origination and secondary marketing income
$89 $244 $(155)(64)%
Net mortgage servicing income
          Loan servicing income
66 55 11 20 
          Amortization of capitalized servicing
(45)(61)16 26 
     Operating (expense) income21 (6)27 NM
          MSR valuation adjustment (1)
112 28 84 NM
          (Losses) gains due to MSR hedging(105)(28)(77)NM
     Net MSR risk management
7 — 7 — 
Total net mortgage servicing income
$28 $(6)$34 NM
All other2 10 (8)(80)
Mortgage banking income
$119 $248 $(129)(52)%
Mortgage origination volume
$8,738 $12,516 $(3,778)(30)%
Mortgage origination volume for sale
4,121 7,448 (3,327)(45)
Third party mortgage loans serviced (2)
31,988 30,554 1,434 5 
Mortgage servicing rights (2)
486 338 148 44 
MSR % of investor servicing portfolio (2)1.52 %1.11 %0.41 %37 %
NM - Not Meaningful
(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)
20222021
Allowance for loan and lease losses, beginning of period
$2,030 $1,814 
Loan and lease charge-offs(216)(303)
Recoveries of loans and leases previously charged off145 122 
Net loan and lease charge-offs(71)(181)
Provision for loan and lease losses
151 42 
Allowance on PCD loans and leases at acquisition— 432 
Allowance for loan and lease losses, end of period
2,110 2,107 
Allowance for unfunded lending commitments, beginning of period$77 $52 
Provision for unfunded lending commitments43 47 
Unfunded lending commitment losses— (1)
Allowance for unfunded lending commitments, end of period120 98 
Total allowance for credit losses
$2,230 $2,205 
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases
1.79 %1.92 %
Nonaccrual loans and leases (NALs)
351 245 
Nonperforming assets (NPAs)
336 236 
Total allowance for credit losses (ACL) as % of:
Total loans and leases
1.89 %2.01 %
Nonaccrual loans and leases (NALs)371 256 
Nonperforming assets (NPAs)355 246 
23

Huntington Bancshares Incorporated
Year To Date Net Charge-Off Analysis
(Unaudited)
Nine Months Ended September 30,
(dollar amounts in millions)
20222021
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial$(11)$93 
Commercial real estate1 21 
Lease financing4 41 
Total commercial
(6)155 
Consumer:
Residential mortgage(2)— 
Automobile3 (6)
Home equity(5)(4)
RV and marine
6 3 
Other consumer75 33 
Total consumer
77 26 
Total net charge-offs$71 $181 
Nine Months Ended September 30,
20222021
Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial(0.04)%0.35 %
Commercial real estate0.01 0.27 
Lease financing0.11 1.64 
Total commercial(0.01)0.42 
Consumer:
Residential mortgage(0.01)— 
Automobile0.03 (0.06)
Home equity(0.06)(0.05)
RV and marine
0.16 0.09 
Other consumer7.72 4.07 
Total consumer0.20 0.08 
Net charge-offs as a % of average loans0.08 %0.26 %

24

Huntington Bancshares Incorporated
Year To Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)
(Unaudited)
September 30,
(dollar amounts in millions)
20222021
Nonaccrual loans and leases (NALs):
Commercial and industrial$288 $494 
Commercial real estate110 103 
Lease financing30 60 
Residential mortgage94 108 
Automobile4 3 
Home equity75 87 
RV and marine1 6 
Total nonaccrual loans and leases602 861 
Other real estate, net:
Residential11 6 
Commercial— 1 
Total other real estate, net11 7 
Other NPAs (1)
14 25 
Total nonperforming assets (3)
$627 $893 
Nonaccrual loans and leases as a % of total loans and leases0.51 %0.79 %
NPA ratio (2)
0.53 0.82 
Nine Months Ended September 30,
(dollar amounts in millions)
20222021
Nonperforming assets, beginning of period$750 $563 
New nonperforming assets504 440 
Acquired NPAs— 629 
Transfer to OREO— — 
Returns to accruing status(180)(204)
Charge-offs(97)(180)
Payments(341)(264)
Sales and held-for-sale transfers
(9)(91)
Nonperforming assets, end of period (2)
$627 $893 
(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
Reconciliation of Non-GAAP Financial Measures
(Unaudited)

Huntington believes certain non-GAAP financial measures to be helpful in understanding Huntington’s results of operations. The following tables provide the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure.
Three months endedChange (%)
($ in millions)September 30, 2022June 30, 2022
Pre-Provision Net Revenue (PPNR)
Total revenue$1,902 $1,746 
FTE adjustment8 6 
Total revenue (FTE) (a)1,910 1,752 
Noninterest expense (b)1,053 1,018 
Less: Notable items10 24 
Noninterest expense, excluding notable items (c)1,043 994 
PPNR (a-b)857 734 
PPNR, adjusted (a-c)867 758 14 %
Return on Tangible Common Equity (ROTCE)
Average common shareholders' equity$16,150 
Less: intangible assets and goodwill, net of deferred tax5,737 
Average tangible common shareholders' equity (d)$10,413 
Net income applicable to common shares$565 
Add: amortization of intangibles, net of deferred tax11 
Net income, excluding amortization of intangibles (e)576 
Add: Notable items, after tax8 
Net income, excluding amortization of intangibles and notable items (f)$584 
ROTCE, annualized (e/d)21.9 %
Adjusted ROTCE, annualized (f/d)22.2 %
26