0000049196false2022Q312/3100000491962022-01-012022-09-300000049196us-gaap:SeriesHPreferredStockMember2022-01-012022-09-300000049196hban:SeriesIPreferredStockMember2022-01-012022-09-300000049196us-gaap:CommonStockMember2022-01-012022-09-3000000491962022-09-30xbrli:sharesiso4217:USD00000491962021-12-31iso4217:USDxbrli:shares00000491962022-07-012022-09-3000000491962021-07-012021-09-3000000491962021-01-012021-09-300000049196us-gaap:PreferredStockMember2022-06-300000049196us-gaap:CommonStockMember2022-06-300000049196us-gaap:AdditionalPaidInCapitalMember2022-06-300000049196us-gaap:TreasuryStockCommonMember2022-06-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-06-300000049196us-gaap:RetainedEarningsMember2022-06-300000049196us-gaap:ParentMember2022-06-300000049196us-gaap:NoncontrollingInterestMember2022-06-3000000491962022-06-300000049196us-gaap:RetainedEarningsMember2022-07-012022-09-300000049196us-gaap:ParentMember2022-07-012022-09-300000049196us-gaap:NoncontrollingInterestMember2022-07-012022-09-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-07-012022-09-300000049196us-gaap:AdditionalPaidInCapitalMember2022-07-012022-09-300000049196us-gaap:CommonStockMember2022-07-012022-09-300000049196us-gaap:TreasuryStockCommonMember2022-07-012022-09-300000049196us-gaap:PreferredStockMember2022-09-300000049196us-gaap:CommonStockMember2022-09-300000049196us-gaap:AdditionalPaidInCapitalMember2022-09-300000049196us-gaap:TreasuryStockCommonMember2022-09-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-09-300000049196us-gaap:RetainedEarningsMember2022-09-300000049196us-gaap:ParentMember2022-09-300000049196us-gaap:NoncontrollingInterestMember2022-09-300000049196us-gaap:PreferredStockMember2021-06-300000049196us-gaap:CommonStockMember2021-06-300000049196us-gaap:AdditionalPaidInCapitalMember2021-06-300000049196us-gaap:TreasuryStockCommonMember2021-06-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-06-300000049196us-gaap:RetainedEarningsMember2021-06-300000049196us-gaap:ParentMember2021-06-300000049196us-gaap:NoncontrollingInterestMember2021-06-3000000491962021-06-300000049196us-gaap:RetainedEarningsMember2021-07-012021-09-300000049196us-gaap:ParentMember2021-07-012021-09-300000049196us-gaap:NoncontrollingInterestMember2021-07-012021-09-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-07-012021-09-300000049196us-gaap:SeriesDPreferredStockMemberus-gaap:PreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2021-07-012021-09-300000049196us-gaap:ParentMemberus-gaap:SeriesDPreferredStockMember2021-07-012021-09-300000049196us-gaap:SeriesDPreferredStockMember2021-07-012021-09-300000049196us-gaap:CommonStockMember2021-07-012021-09-300000049196us-gaap:AdditionalPaidInCapitalMember2021-07-012021-09-300000049196us-gaap:TreasuryStockCommonMember2021-07-012021-09-300000049196us-gaap:PreferredStockMember2021-09-300000049196us-gaap:CommonStockMember2021-09-300000049196us-gaap:AdditionalPaidInCapitalMember2021-09-300000049196us-gaap:TreasuryStockCommonMember2021-09-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-09-300000049196us-gaap:RetainedEarningsMember2021-09-300000049196us-gaap:ParentMember2021-09-300000049196us-gaap:NoncontrollingInterestMember2021-09-3000000491962021-09-300000049196us-gaap:PreferredStockMember2021-12-310000049196us-gaap:CommonStockMember2021-12-310000049196us-gaap:AdditionalPaidInCapitalMember2021-12-310000049196us-gaap:TreasuryStockCommonMember2021-12-310000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310000049196us-gaap:RetainedEarningsMember2021-12-310000049196us-gaap:ParentMember2021-12-310000049196us-gaap:NoncontrollingInterestMember2021-12-310000049196us-gaap:RetainedEarningsMember2022-01-012022-09-300000049196us-gaap:ParentMember2022-01-012022-09-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-09-300000049196us-gaap:AdditionalPaidInCapitalMember2022-01-012022-09-300000049196us-gaap:CommonStockMember2022-01-012022-09-300000049196us-gaap:TreasuryStockCommonMember2022-01-012022-09-300000049196us-gaap:NoncontrollingInterestMember2022-01-012022-09-300000049196us-gaap:PreferredStockMember2020-12-310000049196us-gaap:CommonStockMember2020-12-310000049196us-gaap:AdditionalPaidInCapitalMember2020-12-310000049196us-gaap:TreasuryStockCommonMember2020-12-310000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310000049196us-gaap:RetainedEarningsMember2020-12-310000049196us-gaap:ParentMember2020-12-310000049196us-gaap:NoncontrollingInterestMember2020-12-3100000491962020-12-310000049196us-gaap:RetainedEarningsMember2021-01-012021-09-300000049196us-gaap:ParentMember2021-01-012021-09-300000049196us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-09-300000049196us-gaap:CommonStockMemberus-gaap:CommonStockMember2021-01-012021-09-300000049196us-gaap:CommonStockMemberus-gaap:AdditionalPaidInCapitalMember2021-01-012021-09-300000049196us-gaap:CommonStockMemberus-gaap:TreasuryStockCommonMember2021-01-012021-09-300000049196us-gaap:ParentMemberus-gaap:CommonStockMember2021-01-012021-09-300000049196us-gaap:CommonStockMember2021-01-012021-09-300000049196us-gaap:PreferredStockMemberhban:SeriesIPreferredStockMember2021-01-012021-09-300000049196us-gaap:AdditionalPaidInCapitalMemberhban:SeriesIPreferredStockMember2021-01-012021-09-300000049196us-gaap:ParentMemberhban:SeriesIPreferredStockMember2021-01-012021-09-300000049196hban:SeriesIPreferredStockMember2021-01-012021-09-300000049196us-gaap:NoncontrollingInterestMember2021-01-012021-09-300000049196us-gaap:PreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesDPreferredStockMemberus-gaap:PreferredStockMember2022-01-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2022-01-012022-09-300000049196us-gaap:ParentMemberus-gaap:SeriesDPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesDPreferredStockMember2022-01-012022-09-300000049196us-gaap:CommonStockMember2021-01-012021-09-300000049196us-gaap:AdditionalPaidInCapitalMember2021-01-012021-09-300000049196us-gaap:TreasuryStockCommonMember2021-01-012021-09-300000049196hban:TCFFinancialCorporationMember2021-01-012021-09-300000049196us-gaap:PreferredStockMember2021-01-012021-09-300000049196hban:CommercialBankingMemberhban:CapstonePartnersMember2022-06-150000049196us-gaap:USTreasurySecuritiesMember2022-09-300000049196us-gaap:CollateralizedMortgageObligationsMember2022-09-300000049196us-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:CommercialMortgageBackedSecuritiesMember2022-09-300000049196hban:OtherFederalAgenciesMember2022-09-300000049196us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2022-09-300000049196us-gaap:MunicipalBondsMember2022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-09-300000049196us-gaap:AssetBackedSecuritiesMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMember2022-09-300000049196hban:OtherSecuritiesMember2022-09-300000049196hban:NonmarketableEquitySecuritiesMemberus-gaap:InvestmentInFederalHomeLoanBankStockMember2022-09-300000049196hban:InvestmentinFederalReserveStockMemberhban:NonmarketableEquitySecuritiesMember2022-09-300000049196hban:EquitySecuritiesAtCostMember2022-09-300000049196us-gaap:MutualFundMember2022-09-300000049196us-gaap:EquitySecuritiesMember2022-09-300000049196us-gaap:AvailableforsaleSecuritiesMember2022-09-300000049196us-gaap:HeldtomaturitySecuritiesMember2022-09-300000049196us-gaap:USTreasurySecuritiesMember2021-12-310000049196us-gaap:CollateralizedMortgageObligationsMember2021-12-310000049196us-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196us-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310000049196hban:OtherFederalAgenciesMember2021-12-310000049196us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-12-310000049196us-gaap:MunicipalBondsMember2021-12-310000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310000049196us-gaap:AssetBackedSecuritiesMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMember2021-12-310000049196hban:OtherSecuritiesMember2021-12-310000049196hban:NonmarketableEquitySecuritiesMemberus-gaap:InvestmentInFederalHomeLoanBankStockMember2021-12-310000049196hban:InvestmentinFederalReserveStockMemberhban:NonmarketableEquitySecuritiesMember2021-12-310000049196hban:EquitySecuritiesAtCostMember2021-12-310000049196us-gaap:MutualFundMember2021-12-310000049196us-gaap:EquitySecuritiesMember2021-12-310000049196us-gaap:AvailableforsaleSecuritiesMember2021-12-310000049196us-gaap:HeldtomaturitySecuritiesMember2021-12-3100000491962022-01-012022-03-310000049196us-gaap:AssetPledgedAsCollateralMember2022-09-300000049196us-gaap:AssetPledgedAsCollateralMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:CommercialPortfolioSegmentMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000049196us-gaap:CommercialPortfolioSegmentMember2022-09-300000049196us-gaap:CommercialPortfolioSegmentMember2021-12-310000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:HomeEquityIncludingFVOMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:HomeEquityIncludingFVOMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancialAssetPastDueMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196hban:CommercialandIndustrialLoanMember2022-09-300000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:CommercialRealEstateMember2022-09-300000049196us-gaap:CommercialRealEstateMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-09-300000049196us-gaap:CommercialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberus-gaap:CommercialRealEstateMember2022-09-300000049196us-gaap:CommercialRealEstateMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196us-gaap:CommercialRealEstateMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberhban:FinancingLeaseMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196hban:FinancingLeaseMember2022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberus-gaap:ResidentialMortgageMember2022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196us-gaap:ResidentialMortgageMember2022-09-300000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:AutomobileLoanMember2022-09-300000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:AutomobileLoanMember2022-09-300000049196us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberus-gaap:AutomobileLoanMember2022-09-300000049196us-gaap:AutomobileLoanMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196us-gaap:AutomobileLoanMember2022-09-300000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:HomeEquityLoanMember2022-09-300000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:HomeEquityLoanMember2022-09-300000049196us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberus-gaap:HomeEquityLoanMember2022-09-300000049196us-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196us-gaap:HomeEquityLoanMember2022-09-300000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196hban:RVandMarineFinanceLoanMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196hban:RVandMarineFinanceLoanMember2022-09-300000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:ConsumerLoanMemberus-gaap:FinancialAssetNotPastDueMember2022-09-300000049196us-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:FinancingReceivables30To59DaysPastDueMember2022-09-300000049196us-gaap:FinancingReceivables60To89DaysPastDueMember2022-09-300000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-09-300000049196us-gaap:FinancialAssetPastDueMember2022-09-300000049196us-gaap:FinancialAssetNotPastDueMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancialAssetPastDueMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196hban:CommercialandIndustrialLoanMember2021-12-310000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:CommercialRealEstateMember2021-12-310000049196us-gaap:CommercialRealEstateMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000049196us-gaap:CommercialRealEstateMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberus-gaap:CommercialRealEstateMember2021-12-310000049196us-gaap:CommercialRealEstateMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196us-gaap:CommercialRealEstateMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberhban:FinancingLeaseMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196hban:FinancingLeaseMember2021-12-310000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberus-gaap:ResidentialMortgageMember2021-12-310000049196us-gaap:ResidentialMortgageMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196us-gaap:ResidentialMortgageMember2021-12-310000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:AutomobileLoanMember2021-12-310000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:AutomobileLoanMember2021-12-310000049196us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberus-gaap:AutomobileLoanMember2021-12-310000049196us-gaap:AutomobileLoanMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196us-gaap:AutomobileLoanMember2021-12-310000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:HomeEquityLoanMember2021-12-310000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:HomeEquityLoanMember2021-12-310000049196us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberus-gaap:HomeEquityLoanMember2021-12-310000049196us-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196us-gaap:HomeEquityLoanMember2021-12-310000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196hban:RVandMarineFinanceLoanMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196hban:RVandMarineFinanceLoanMember2021-12-310000049196us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:ConsumerLoanMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000049196us-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000049196us-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000049196us-gaap:FinancialAssetPastDueMember2021-12-310000049196us-gaap:FinancialAssetNotPastDueMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2022-09-300000049196us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2022-09-300000049196us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2022-09-300000049196us-gaap:SubstandardMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-09-300000049196us-gaap:CommercialRealEstatePortfolioSegmentMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:PassMember2022-09-300000049196hban:FinancingLeaseMemberus-gaap:SpecialMentionMember2022-09-300000049196us-gaap:SubstandardMemberhban:FinancingLeaseMember2022-09-300000049196hban:FinancingLeaseMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:FICOScoreGreaterthan750Memberhban:ResidentialLoanMember2022-09-300000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberhban:ResidentialLoanMember2022-09-300000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberhban:ResidentialLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:ResidentialLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberhban:FICOScoreGreaterthan750Member2022-09-300000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-09-300000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberhban:FICOScoreGreaterthan750Member2022-09-300000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-09-300000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:FICOScoreGreaterthan750Memberhban:RVandMarineFinanceLoanMember2022-09-300000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMemberhban:FICOScoreGreaterthan750Member2022-09-300000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMember2022-09-300000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMember2022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMember2022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2021-12-310000049196us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2021-12-310000049196us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2021-12-310000049196us-gaap:SubstandardMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000049196us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:DoubtfulMember2021-12-310000049196us-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:PassMember2021-12-310000049196hban:FinancingLeaseMemberus-gaap:SpecialMentionMember2021-12-310000049196us-gaap:SubstandardMemberhban:FinancingLeaseMember2021-12-310000049196hban:FinancingLeaseMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:FICOScoreGreaterthan750Memberhban:ResidentialLoanMember2021-12-310000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberhban:ResidentialLoanMember2021-12-310000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberhban:ResidentialLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:ResidentialLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberhban:FICOScoreGreaterthan750Member2021-12-310000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-12-310000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberhban:FICOScoreGreaterthan750Member2021-12-310000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-12-310000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:FICOScoreGreaterthan750Memberhban:RVandMarineFinanceLoanMember2021-12-310000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMemberhban:FICOScoreGreaterthan750Member2021-12-310000049196hban:FICOScore650749Memberus-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMember2021-12-310000049196hban:FICOScoreLessthan650Memberus-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMember2021-12-310000049196us-gaap:ConsumerPortfolioSegmentMemberhban:OtherConsumerLoanMember2021-12-310000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMember2022-07-012022-09-30hban:contract0000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2022-07-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:BankruptcyMember2022-07-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMember2022-07-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-07-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ExtendedMaturityMember2022-07-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberhban:BankruptcyMember2022-07-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMemberus-gaap:CommercialRealEstateMember2022-07-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-07-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2022-07-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMember2022-07-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ExtendedMaturityMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberhban:BankruptcyMember2022-07-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ExtendedMaturityMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:HomeEquityLoanMember2022-07-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberhban:RVandMarineFinanceLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberhban:RVandMarineFinanceLoanMember2022-07-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMemberus-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberus-gaap:ConsumerLoanMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:ConsumerLoanMember2022-07-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2022-07-012022-09-300000049196us-gaap:ContractualInterestRateReductionMember2022-07-012022-09-300000049196us-gaap:ExtendedMaturityMember2022-07-012022-09-300000049196hban:BankruptcyMember2022-07-012022-09-300000049196hban:OtherConcessionMember2022-07-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMember2021-07-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2021-07-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:BankruptcyMember2021-07-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMember2021-07-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-07-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ExtendedMaturityMember2021-07-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberhban:BankruptcyMember2021-07-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMemberus-gaap:CommercialRealEstateMember2021-07-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-07-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2021-07-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMember2021-07-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ExtendedMaturityMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberhban:BankruptcyMember2021-07-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ExtendedMaturityMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:HomeEquityLoanMember2021-07-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberhban:RVandMarineFinanceLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberhban:RVandMarineFinanceLoanMember2021-07-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMemberus-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberus-gaap:ConsumerLoanMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:ConsumerLoanMember2021-07-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2021-07-012021-09-300000049196us-gaap:ContractualInterestRateReductionMember2021-07-012021-09-300000049196us-gaap:ExtendedMaturityMember2021-07-012021-09-300000049196hban:BankruptcyMember2021-07-012021-09-300000049196hban:OtherConcessionMember2021-07-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMember2022-01-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2022-01-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:BankruptcyMember2022-01-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMember2022-01-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-01-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ExtendedMaturityMember2022-01-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberhban:BankruptcyMember2022-01-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMemberus-gaap:CommercialRealEstateMember2022-01-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2022-01-012022-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMember2022-01-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ExtendedMaturityMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberhban:BankruptcyMember2022-01-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ExtendedMaturityMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:HomeEquityLoanMember2022-01-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberhban:RVandMarineFinanceLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberhban:RVandMarineFinanceLoanMember2022-01-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMemberus-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberus-gaap:ConsumerLoanMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:ConsumerLoanMember2022-01-012022-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2022-01-012022-09-300000049196us-gaap:ContractualInterestRateReductionMember2022-01-012022-09-300000049196us-gaap:ExtendedMaturityMember2022-01-012022-09-300000049196hban:BankruptcyMember2022-01-012022-09-300000049196hban:OtherConcessionMember2022-01-012022-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2021-01-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:BankruptcyMember2021-01-012021-09-300000049196hban:CommercialandIndustrialLoanMemberus-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMember2021-01-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-01-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberus-gaap:ExtendedMaturityMember2021-01-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMemberhban:BankruptcyMember2021-01-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMemberhban:OtherConcessionMemberus-gaap:CommercialRealEstateMember2021-01-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2021-01-012021-09-300000049196us-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMember2021-01-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:ExtendedMaturityMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberhban:BankruptcyMember2021-01-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:ExtendedMaturityMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:HomeEquityLoanMember2021-01-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberhban:RVandMarineFinanceLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberhban:RVandMarineFinanceLoanMember2021-01-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberhban:RVandMarineFinanceLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMemberus-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMemberus-gaap:ConsumerLoanMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMemberhban:BankruptcyMemberus-gaap:ConsumerLoanMember2021-01-012021-09-300000049196hban:OtherConcessionMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:ConsumerLoanMember2021-01-012021-09-300000049196us-gaap:ContractualInterestRateReductionMember2021-01-012021-09-300000049196us-gaap:ExtendedMaturityMember2021-01-012021-09-300000049196hban:BankruptcyMember2021-01-012021-09-300000049196hban:OtherConcessionMember2021-01-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMember2022-06-300000049196us-gaap:ConsumerPortfolioSegmentMember2022-06-300000049196us-gaap:CommercialPortfolioSegmentMember2022-07-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMember2022-07-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMember2022-01-012022-09-300000049196us-gaap:ConsumerPortfolioSegmentMember2022-01-012022-09-300000049196us-gaap:CommercialPortfolioSegmentMember2021-06-300000049196us-gaap:ConsumerPortfolioSegmentMember2021-06-300000049196us-gaap:CommercialPortfolioSegmentMember2021-07-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMember2021-07-012021-09-300000049196us-gaap:CommercialPortfolioSegmentMember2021-09-300000049196us-gaap:ConsumerPortfolioSegmentMember2021-09-300000049196us-gaap:CommercialPortfolioSegmentMember2020-12-310000049196us-gaap:ConsumerPortfolioSegmentMember2020-12-310000049196us-gaap:CommercialPortfolioSegmentMember2021-01-012021-09-300000049196us-gaap:ConsumerPortfolioSegmentMember2021-01-012021-09-300000049196hban:TCFFinancialCorporationMember2021-07-012021-09-300000049196us-gaap:ResidentialMortgageMember2022-07-012022-09-300000049196us-gaap:ResidentialMortgageMember2021-07-012021-09-300000049196us-gaap:ResidentialMortgageMember2022-01-012022-09-300000049196us-gaap:ResidentialMortgageMember2021-01-012021-09-300000049196us-gaap:ResidentialMortgageMember2022-06-300000049196us-gaap:ResidentialMortgageMember2021-06-300000049196us-gaap:ResidentialMortgageMember2021-12-310000049196us-gaap:ResidentialMortgageMember2020-12-310000049196us-gaap:ResidentialMortgageMember2022-09-300000049196us-gaap:ResidentialMortgageMember2021-09-300000049196us-gaap:ResidentialMortgageMemberhban:SensitivityAnalysisFairValueCarryingMethodMember2022-01-012022-09-30xbrli:pure0000049196us-gaap:ResidentialMortgageMemberhban:SensitivityAnalysisFairValueCarryingMethodMember2022-09-300000049196us-gaap:ResidentialMortgageMemberhban:SensitivityAnalysisFairValueCarryingMethodMember2021-01-012021-12-310000049196us-gaap:ResidentialMortgageMemberhban:SensitivityAnalysisFairValueCarryingMethodMember2021-12-310000049196us-gaap:FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseMember2022-09-300000049196us-gaap:FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseMember2021-12-310000049196us-gaap:NotesPayableOtherPayablesMember2022-09-300000049196us-gaap:NotesPayableOtherPayablesMember2021-12-310000049196us-gaap:SeniorNotesMembersrt:ParentCompanyMember2022-09-300000049196us-gaap:SeniorNotesMembersrt:ParentCompanyMember2021-12-310000049196us-gaap:SubordinatedDebtMembersrt:ParentCompanyMember2022-09-300000049196us-gaap:SubordinatedDebtMembersrt:ParentCompanyMember2021-12-310000049196srt:ParentCompanyMember2022-09-300000049196srt:ParentCompanyMember2021-12-310000049196us-gaap:SeniorNotesMembersrt:NonGuarantorSubsidiariesMember2022-09-300000049196us-gaap:SeniorNotesMembersrt:NonGuarantorSubsidiariesMember2021-12-310000049196srt:NonGuarantorSubsidiariesMemberus-gaap:SubordinatedDebtMember2022-09-300000049196srt:NonGuarantorSubsidiariesMemberus-gaap:SubordinatedDebtMember2021-12-310000049196srt:NonGuarantorSubsidiariesMember2022-09-300000049196srt:NonGuarantorSubsidiariesMember2021-12-310000049196us-gaap:FederalHomeLoanBankAdvancesMember2022-09-300000049196us-gaap:FederalHomeLoanBankAdvancesMember2021-12-310000049196us-gaap:NotesPayableOtherPayablesMember2022-09-300000049196us-gaap:NotesPayableOtherPayablesMember2021-12-310000049196hban:HuntingtonNationalBankSeniorNoteDueMay162025401PercentMemberus-gaap:SeniorNotesMember2022-05-310000049196hban:HuntingtonNationalBankSeniorNoteDueMay162025401PercentMemberus-gaap:SeniorNotesMember2022-05-012022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNoteDueMay172028455PercentMember2022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNoteDueMay172028455PercentMember2022-05-012022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNoteDueMay162025Member2022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNoteDueMay162025Member2022-05-012022-05-310000049196us-gaap:SeniorNotesMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberhban:HuntingtonNationalBankSeniorNoteDueMay162025Member2022-05-012022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNoteDueMay1720335023PercentMember2022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNoteDueMay1720335023PercentMember2022-05-012022-05-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNotesDueAugust420284443PercentMember2022-08-310000049196us-gaap:SeniorNotesMemberhban:HuntingtonNationalBankSeniorNotesDueAugust420284443PercentMember2022-08-012022-08-310000049196us-gaap:DebtSecuritiesMemberus-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-07-012022-09-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2022-07-012022-09-300000049196us-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2022-07-012022-09-300000049196us-gaap:AccumulatedTranslationAdjustmentMember2022-07-012022-09-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-07-012022-09-300000049196us-gaap:DebtSecuritiesMemberus-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-07-012021-09-300000049196us-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2021-07-012021-09-300000049196us-gaap:AccumulatedTranslationAdjustmentMember2021-07-012021-09-300000049196us-gaap:AccumulatedTranslationAdjustmentMember2021-10-012021-12-310000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-07-012021-09-300000049196us-gaap:DebtSecuritiesMemberus-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-01-012022-09-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2022-01-012022-09-300000049196us-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2022-01-012022-09-300000049196us-gaap:AccumulatedTranslationAdjustmentMember2022-01-012022-09-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-012022-09-300000049196us-gaap:DebtSecuritiesMemberus-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-09-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2021-01-012021-09-300000049196us-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2021-01-012021-09-300000049196us-gaap:AccumulatedTranslationAdjustmentMember2021-01-012021-09-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-09-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-06-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2022-06-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-06-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2022-06-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-06-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-07-012022-09-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-07-012022-09-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2022-07-012022-09-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-09-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2022-09-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-09-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2022-09-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-09-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-06-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2021-06-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-06-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2021-06-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-06-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-07-012021-09-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2021-07-012021-09-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-07-012021-09-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2021-07-012021-09-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-09-300000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2021-09-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-09-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2021-09-300000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-09-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-12-310000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2020-12-310000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-12-310000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2021-12-310000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-12-310000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-01-012022-09-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-012022-09-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2022-01-012022-09-300000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-12-310000049196hban:AOCIAccumulatedGainLossDebtSecuritiesAvailableForSaleNetImpactOfFairValueHedgesAttributableToParentMember2021-12-310000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-12-310000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2020-12-310000049196us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-12-310000049196us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-09-300000049196us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-012021-09-300000049196hban:AccumulatedForeignCurrencyAdjustmentNetOfInvestmentHedgesAttributableToParentMember2021-01-012021-09-300000049196us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2022-09-302022-09-300000049196us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-09-302021-09-300000049196us-gaap:SeriesBPreferredStockMember2022-09-300000049196us-gaap:SeriesBPreferredStockMemberus-gaap:LondonInterbankOfferedRateLIBORMember2022-09-300000049196us-gaap:SeriesBPreferredStockMember2021-12-310000049196us-gaap:SeriesEPreferredStockMember2022-09-300000049196us-gaap:SeriesEPreferredStockMember2022-01-012022-09-30utr:Rate0000049196us-gaap:SeriesEPreferredStockMember2021-12-310000049196us-gaap:SeriesFPreferredStockMember2022-09-300000049196us-gaap:SeriesFPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesFPreferredStockMember2021-12-310000049196us-gaap:SeriesGPreferredStockMember2022-09-300000049196us-gaap:SeriesGPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesGPreferredStockMember2021-12-310000049196us-gaap:SeriesHPreferredStockMember2022-09-300000049196us-gaap:SeriesHPreferredStockMember2021-12-310000049196hban:SeriesIPreferredStockMember2022-09-300000049196hban:SeriesIPreferredStockMember2021-12-310000049196hban:SeriesBAndHPreferredStockMember2022-09-300000049196hban:SeriesEFAndGPreferredStockMember2022-09-300000049196us-gaap:SeriesBPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesBPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesBPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesBPreferredStockMember2021-07-012021-09-300000049196us-gaap:SeriesBPreferredStockMember2022-01-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesBPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesBPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesBPreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesCPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesCPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesCPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesCPreferredStockMember2021-07-012021-09-300000049196us-gaap:SeriesCPreferredStockMember2022-01-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesCPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesCPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesCPreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesDPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesDPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesEPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesEPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesEPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesFPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesFPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesFPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesGPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesGPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesGPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2021-01-012021-09-300000049196us-gaap:SeriesHPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesHPreferredStockMember2022-07-012022-09-300000049196us-gaap:SeriesHPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesHPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesHPreferredStockMember2022-01-012022-09-300000049196us-gaap:SeriesHPreferredStockMember2021-01-012021-09-300000049196us-gaap:RetainedEarningsMemberus-gaap:SeriesHPreferredStockMember2021-01-012021-09-300000049196hban:SeriesIPreferredStockMember2022-07-012022-09-300000049196us-gaap:RetainedEarningsMemberhban:SeriesIPreferredStockMember2022-07-012022-09-300000049196hban:SeriesIPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberhban:SeriesIPreferredStockMember2021-07-012021-09-300000049196us-gaap:RetainedEarningsMemberhban:SeriesIPreferredStockMember2022-01-012022-09-300000049196us-gaap:RetainedEarningsMemberhban:SeriesIPreferredStockMember2021-01-012021-09-300000049196hban:RedIronMember2022-09-300000049196us-gaap:EmployeeStockOptionMember2022-07-012022-09-300000049196us-gaap:EmployeeStockOptionMember2021-07-012021-09-300000049196us-gaap:EmployeeStockOptionMember2022-01-012022-09-300000049196us-gaap:EmployeeStockOptionMember2021-01-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2022-07-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2022-07-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2022-07-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-07-012022-09-300000049196hban:ServiceChargesRevenueMemberus-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:ServiceChargesRevenueMember2022-07-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2022-07-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2022-07-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2022-07-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CardsAndPaymentProcessingRevenueMember2022-07-012022-09-300000049196hban:CardsAndPaymentProcessingRevenueMemberus-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:CardsAndPaymentProcessingRevenueMember2022-07-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-07-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-07-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-07-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-07-012022-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMemberus-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMember2022-07-012022-09-300000049196hban:CommercialBankingMemberhban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMember2022-07-012022-09-300000049196hban:InsuranceRevenueMemberhban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2022-07-012022-09-300000049196hban:InsuranceRevenueMemberhban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2022-07-012022-09-300000049196hban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-07-012022-09-300000049196hban:InsuranceRevenueMemberus-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:InsuranceRevenueMember2022-07-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2022-07-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2022-07-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2022-07-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CapitalMarketFeesMember2022-07-012022-09-300000049196hban:CapitalMarketFeesMemberus-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:CapitalMarketFeesMember2022-07-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2022-07-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2022-07-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2022-07-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:OtherRevenueMember2022-07-012022-09-300000049196hban:OtherRevenueMemberus-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:OtherRevenueMember2022-07-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMember2022-07-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2022-07-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2022-07-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-07-012022-09-300000049196us-gaap:CorporateNonSegmentMember2022-07-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2021-07-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2021-07-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2021-07-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-07-012021-09-300000049196hban:ServiceChargesRevenueMemberus-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:ServiceChargesRevenueMember2021-07-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2021-07-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2021-07-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2021-07-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CardsAndPaymentProcessingRevenueMember2021-07-012021-09-300000049196hban:CardsAndPaymentProcessingRevenueMemberus-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:CardsAndPaymentProcessingRevenueMember2021-07-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-07-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-07-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-07-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-07-012021-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMemberus-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMember2021-07-012021-09-300000049196hban:CommercialBankingMemberhban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMember2021-07-012021-09-300000049196hban:InsuranceRevenueMemberhban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2021-07-012021-09-300000049196hban:InsuranceRevenueMemberhban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2021-07-012021-09-300000049196hban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-07-012021-09-300000049196hban:InsuranceRevenueMemberus-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:InsuranceRevenueMember2021-07-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2021-07-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2021-07-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2021-07-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CapitalMarketFeesMember2021-07-012021-09-300000049196hban:CapitalMarketFeesMemberus-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:CapitalMarketFeesMember2021-07-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2021-07-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2021-07-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2021-07-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:OtherRevenueMember2021-07-012021-09-300000049196hban:OtherRevenueMemberus-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:OtherRevenueMember2021-07-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMember2021-07-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2021-07-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2021-07-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-07-012021-09-300000049196us-gaap:CorporateNonSegmentMember2021-07-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2022-01-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2022-01-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2022-01-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-01-012022-09-300000049196hban:ServiceChargesRevenueMemberus-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:ServiceChargesRevenueMember2022-01-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2022-01-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2022-01-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2022-01-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CardsAndPaymentProcessingRevenueMember2022-01-012022-09-300000049196hban:CardsAndPaymentProcessingRevenueMemberus-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:CardsAndPaymentProcessingRevenueMember2022-01-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-01-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-01-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-01-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:TrustAndInvestmentManagementServicesRevenueMember2022-01-012022-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMemberus-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMember2022-01-012022-09-300000049196hban:CommercialBankingMemberhban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMember2022-01-012022-09-300000049196hban:InsuranceRevenueMemberhban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2022-01-012022-09-300000049196hban:InsuranceRevenueMemberhban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2022-01-012022-09-300000049196hban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-01-012022-09-300000049196hban:InsuranceRevenueMemberus-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:InsuranceRevenueMember2022-01-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2022-01-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2022-01-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2022-01-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CapitalMarketFeesMember2022-01-012022-09-300000049196hban:CapitalMarketFeesMemberus-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:CapitalMarketFeesMember2022-01-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2022-01-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2022-01-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2022-01-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:OtherRevenueMember2022-01-012022-09-300000049196hban:OtherRevenueMemberus-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:OtherRevenueMember2022-01-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMember2022-01-012022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2022-01-012022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2022-01-012022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-01-012022-09-300000049196us-gaap:CorporateNonSegmentMember2022-01-012022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2021-01-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2021-01-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMember2021-01-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:ServiceChargesRevenueMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-01-012021-09-300000049196hban:ServiceChargesRevenueMemberus-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196hban:ServiceChargesRevenueMember2021-01-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2021-01-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2021-01-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CardsAndPaymentProcessingRevenueMember2021-01-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CardsAndPaymentProcessingRevenueMember2021-01-012021-09-300000049196hban:CardsAndPaymentProcessingRevenueMemberus-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196hban:CardsAndPaymentProcessingRevenueMember2021-01-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-01-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-01-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-01-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:TrustAndInvestmentManagementServicesRevenueMember2021-01-012021-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMemberus-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196hban:TrustAndInvestmentManagementServicesRevenueMember2021-01-012021-09-300000049196hban:CommercialBankingMemberhban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMember2021-01-012021-09-300000049196hban:InsuranceRevenueMemberhban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2021-01-012021-09-300000049196hban:InsuranceRevenueMemberhban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2021-01-012021-09-300000049196hban:InsuranceRevenueMemberus-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-01-012021-09-300000049196hban:InsuranceRevenueMemberus-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196hban:InsuranceRevenueMember2021-01-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2021-01-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2021-01-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:CapitalMarketFeesMember2021-01-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:CapitalMarketFeesMember2021-01-012021-09-300000049196hban:CapitalMarketFeesMemberus-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196hban:CapitalMarketFeesMember2021-01-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2021-01-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2021-01-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMemberhban:OtherRevenueMember2021-01-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMemberhban:OtherRevenueMember2021-01-012021-09-300000049196hban:OtherRevenueMemberus-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196hban:OtherRevenueMember2021-01-012021-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMember2021-01-012021-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2021-01-012021-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2021-01-012021-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-01-012021-09-300000049196us-gaap:CorporateNonSegmentMember2021-01-012021-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2022-09-300000049196us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2022-09-300000049196us-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:MunicipalBondsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2021-12-310000049196us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2021-12-310000049196us-gaap:FairValueMeasurementsRecurringMemberhban:OtherFederalAgenciesMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196hban:MortgageServicingRightsMember2022-06-300000049196us-gaap:MunicipalBondsMember2022-06-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-06-300000049196us-gaap:AssetBackedSecuritiesMember2022-06-300000049196hban:LoansheldforinvestmentMember2022-06-300000049196hban:MortgageServicingRightsMember2022-07-012022-09-300000049196us-gaap:MunicipalBondsMember2022-07-012022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-07-012022-09-300000049196us-gaap:AssetBackedSecuritiesMember2022-07-012022-09-300000049196hban:LoansheldforinvestmentMember2022-07-012022-09-300000049196hban:MortgageServicingRightsMember2022-09-300000049196us-gaap:MunicipalBondsMember2022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-09-300000049196us-gaap:AssetBackedSecuritiesMember2022-09-300000049196hban:LoansheldforinvestmentMember2022-09-300000049196hban:MortgageServicingRightsMember2021-06-300000049196us-gaap:MunicipalBondsMember2021-06-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-06-300000049196us-gaap:AssetBackedSecuritiesMember2021-06-300000049196hban:LoansheldforinvestmentMember2021-06-300000049196hban:MortgageServicingRightsMember2021-07-012021-09-300000049196us-gaap:MunicipalBondsMember2021-07-012021-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-07-012021-09-300000049196us-gaap:AssetBackedSecuritiesMember2021-07-012021-09-300000049196hban:LoansheldforinvestmentMember2021-07-012021-09-300000049196hban:MortgageBankingIncomeMemberhban:MortgageServicingRightsMember2021-07-012021-09-300000049196hban:MortgageBankingIncomeMember2021-07-012021-09-300000049196us-gaap:MunicipalBondsMemberhban:MortgageBankingIncomeMember2021-07-012021-09-300000049196hban:MortgageBankingIncomeMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-07-012021-09-300000049196us-gaap:AssetBackedSecuritiesMemberhban:MortgageBankingIncomeMember2021-07-012021-09-300000049196hban:LoansheldforinvestmentMemberhban:MortgageBankingIncomeMember2021-07-012021-09-300000049196hban:InterestandFeeIncomeMemberhban:MortgageServicingRightsMember2021-07-012021-09-300000049196hban:InterestandFeeIncomeMember2021-07-012021-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:MunicipalBondsMember2021-07-012021-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-07-012021-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:AssetBackedSecuritiesMember2021-07-012021-09-300000049196hban:InterestandFeeIncomeMemberhban:LoansheldforinvestmentMember2021-07-012021-09-300000049196hban:MortgageServicingRightsMember2021-09-300000049196us-gaap:MunicipalBondsMember2021-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-09-300000049196us-gaap:AssetBackedSecuritiesMember2021-09-300000049196hban:LoansheldforinvestmentMember2021-09-300000049196hban:MortgageServicingRightsMember2021-12-310000049196us-gaap:MunicipalBondsMember2021-12-310000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310000049196us-gaap:AssetBackedSecuritiesMember2021-12-310000049196hban:LoansheldforinvestmentMember2021-12-310000049196hban:MortgageServicingRightsMember2022-01-012022-09-300000049196us-gaap:MunicipalBondsMember2022-01-012022-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-01-012022-09-300000049196us-gaap:AssetBackedSecuritiesMember2022-01-012022-09-300000049196hban:LoansheldforinvestmentMember2022-01-012022-09-300000049196hban:MortgageBankingIncomeMemberhban:MortgageServicingRightsMember2022-01-012022-09-300000049196hban:MortgageBankingIncomeMember2022-01-012022-09-300000049196us-gaap:MunicipalBondsMemberhban:MortgageBankingIncomeMember2022-01-012022-09-300000049196hban:MortgageBankingIncomeMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-01-012022-09-300000049196us-gaap:AssetBackedSecuritiesMemberhban:MortgageBankingIncomeMember2022-01-012022-09-300000049196hban:LoansheldforinvestmentMemberhban:MortgageBankingIncomeMember2022-01-012022-09-300000049196hban:InterestandFeeIncomeMemberhban:MortgageServicingRightsMember2022-01-012022-09-300000049196hban:InterestandFeeIncomeMember2022-01-012022-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:MunicipalBondsMember2022-01-012022-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-01-012022-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:AssetBackedSecuritiesMember2022-01-012022-09-300000049196hban:InterestandFeeIncomeMemberhban:LoansheldforinvestmentMember2022-01-012022-09-300000049196hban:MortgageServicingRightsMemberhban:ProvisionForCreditLossMember2022-01-012022-09-300000049196hban:ProvisionForCreditLossMember2022-01-012022-09-300000049196us-gaap:MunicipalBondsMemberhban:ProvisionForCreditLossMember2022-01-012022-09-300000049196hban:ProvisionForCreditLossMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-01-012022-09-300000049196us-gaap:AssetBackedSecuritiesMemberhban:ProvisionForCreditLossMember2022-01-012022-09-300000049196hban:LoansheldforinvestmentMemberhban:ProvisionForCreditLossMember2022-01-012022-09-300000049196hban:MortgageServicingRightsMember2020-12-310000049196us-gaap:MunicipalBondsMember2020-12-310000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310000049196us-gaap:AssetBackedSecuritiesMember2020-12-310000049196hban:LoansheldforinvestmentMember2020-12-310000049196hban:MortgageServicingRightsMember2021-01-012021-09-300000049196us-gaap:MunicipalBondsMember2021-01-012021-09-300000049196us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-01-012021-09-300000049196us-gaap:AssetBackedSecuritiesMember2021-01-012021-09-300000049196hban:LoansheldforinvestmentMember2021-01-012021-09-300000049196hban:MortgageBankingIncomeMemberhban:MortgageServicingRightsMember2021-01-012021-09-300000049196hban:MortgageBankingIncomeMember2021-01-012021-09-300000049196us-gaap:MunicipalBondsMemberhban:MortgageBankingIncomeMember2021-01-012021-09-300000049196hban:MortgageBankingIncomeMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-01-012021-09-300000049196us-gaap:AssetBackedSecuritiesMemberhban:MortgageBankingIncomeMember2021-01-012021-09-300000049196hban:LoansheldforinvestmentMemberhban:MortgageBankingIncomeMember2021-01-012021-09-300000049196hban:InterestandFeeIncomeMemberhban:MortgageServicingRightsMember2021-01-012021-09-300000049196hban:InterestandFeeIncomeMember2021-01-012021-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:MunicipalBondsMember2021-01-012021-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-01-012021-09-300000049196hban:InterestandFeeIncomeMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-09-300000049196hban:InterestandFeeIncomeMemberhban:LoansheldforinvestmentMember2021-01-012021-09-300000049196hban:MortgagesHeldForSaleMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberhban:MortgagesHeldForSaleMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196hban:MortgagesHeldToMaturityMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196hban:MortgagesHeldToMaturityMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300000049196hban:MortgagesHeldForSaleMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberhban:MortgagesHeldForSaleMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196hban:MortgagesHeldToMaturityMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196hban:MortgagesHeldToMaturityMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000049196us-gaap:FairValueMeasurementsRecurringMember2022-07-012022-09-300000049196us-gaap:FairValueMeasurementsRecurringMember2021-07-012021-09-300000049196us-gaap:FairValueMeasurementsRecurringMember2022-01-012022-09-300000049196us-gaap:FairValueMeasurementsRecurringMember2021-01-012021-09-300000049196hban:FairValueMeasuredOnRecurringBasisAutomobileLoanMemberus-gaap:FairValueMeasurementsRecurringMember2022-07-012022-09-300000049196hban:FairValueMeasuredOnRecurringBasisAutomobileLoanMemberus-gaap:FairValueMeasurementsRecurringMember2021-07-012021-09-300000049196hban:FairValueMeasuredOnRecurringBasisAutomobileLoanMemberus-gaap:FairValueMeasurementsRecurringMember2022-01-012022-09-300000049196hban:FairValueMeasuredOnRecurringBasisAutomobileLoanMemberus-gaap:FairValueMeasurementsRecurringMember2021-01-012021-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000049196us-gaap:ChangeDuringPeriodFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-07-012022-09-300000049196us-gaap:ChangeDuringPeriodFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-07-012021-09-300000049196us-gaap:ChangeDuringPeriodFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-01-012022-09-300000049196us-gaap:ChangeDuringPeriodFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-01-012021-09-300000049196us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputConstantPrepaymentRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputConstantPrepaymentRateMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputConstantPrepaymentRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputConstantPrepaymentRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputConstantPrepaymentRateMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputConstantPrepaymentRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196hban:MeasurementInputOptionAdjustedSpreadMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196hban:MeasurementInputOptionAdjustedSpreadMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196hban:MeasurementInputOptionAdjustedSpreadMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-09-300000049196hban:MeasurementInputOptionAdjustedSpreadMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196hban:MeasurementInputOptionAdjustedSpreadMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196hban:MeasurementInputOptionAdjustedSpreadMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000049196hban:MeasurementInputNetMarketPriceMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2022-09-300000049196hban:MeasurementInputNetMarketPriceMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2022-09-300000049196hban:MeasurementInputNetMarketPriceMembersrt:WeightedAverageMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2022-09-300000049196hban:MeasurementInputNetMarketPriceMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2021-12-310000049196hban:MeasurementInputNetMarketPriceMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2021-12-310000049196hban:MeasurementInputNetMarketPriceMembersrt:WeightedAverageMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2021-12-310000049196hban:MeasurementInputEstimatedPullThruMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2022-09-300000049196hban:MeasurementInputEstimatedPullThruMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2022-09-300000049196hban:MeasurementInputEstimatedPullThruMembersrt:WeightedAverageMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2022-09-300000049196hban:MeasurementInputEstimatedPullThruMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2021-12-310000049196hban:MeasurementInputEstimatedPullThruMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2021-12-310000049196hban:MeasurementInputEstimatedPullThruMembersrt:WeightedAverageMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueConsensusPricingModelMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196srt:WeightedAverageMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196srt:WeightedAverageMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMembersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196srt:WeightedAverageMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMembersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196srt:WeightedAverageMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLossSeverityMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLossSeverityMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196srt:WeightedAverageMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLossSeverityMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-09-300000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLossSeverityMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLossSeverityMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196srt:WeightedAverageMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLossSeverityMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310000049196us-gaap:CarryingReportedAmountFairValueDisclosureMemberhban:AmortizedCostMember2022-09-300000049196us-gaap:CarryingReportedAmountFairValueDisclosureMember2022-09-300000049196us-gaap:EstimateOfFairValueFairValueDisclosureMember2022-09-300000049196hban:FairValueFairValueOptionMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-09-300000049196us-gaap:CarryingReportedAmountFairValueDisclosureMemberhban:LowerOfCostOrMarketMember2022-09-300000049196us-gaap:CarryingReportedAmountFairValueDisclosureMemberhban:AmortizedCostMember2021-12-310000049196us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310000049196us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000049196hban:FairValueFairValueOptionMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310000049196us-gaap:CarryingReportedAmountFairValueDisclosureMemberhban:LowerOfCostOrMarketMember2021-12-310000049196us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-09-300000049196us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2022-09-300000049196us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-09-300000049196us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000049196us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2021-12-310000049196us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000049196us-gaap:DesignatedAsHedgingInstrumentMemberhban:AccruedIncomeAndOtherAssetsMemberus-gaap:InterestRateContractMember2022-09-300000049196hban:AccruedIncomeAndOtherAssetsMemberus-gaap:InterestRateContractMember2022-09-300000049196hban:AccruedExpensesAndOtherLiabilitiesMemberus-gaap:InterestRateContractMember2022-09-300000049196us-gaap:DesignatedAsHedgingInstrumentMemberhban:AccruedIncomeAndOtherAssetsMemberus-gaap:InterestRateContractMember2021-12-310000049196hban:AccruedIncomeAndOtherAssetsMemberus-gaap:InterestRateContractMember2021-12-310000049196hban:AccruedExpensesAndOtherLiabilitiesMemberus-gaap:InterestRateContractMember2021-12-310000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberhban:AccruedIncomeAndOtherAssetsMember2022-09-300000049196us-gaap:ForeignExchangeContractMemberhban:AccruedIncomeAndOtherAssetsMember2022-09-300000049196hban:AccruedExpensesAndOtherLiabilitiesMemberus-gaap:ForeignExchangeContractMember2022-09-300000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberhban:AccruedIncomeAndOtherAssetsMember2021-12-310000049196us-gaap:ForeignExchangeContractMemberhban:AccruedIncomeAndOtherAssetsMember2021-12-310000049196hban:AccruedExpensesAndOtherLiabilitiesMemberus-gaap:ForeignExchangeContractMember2021-12-310000049196us-gaap:NondesignatedMemberhban:AccruedIncomeAndOtherAssetsMemberus-gaap:InterestRateContractMember2022-09-300000049196hban:AccruedIncomeAndOtherAssetsMember2022-09-300000049196hban:AccruedExpensesAndOtherLiabilitiesMember2022-09-300000049196us-gaap:NondesignatedMemberhban:AccruedIncomeAndOtherAssetsMemberus-gaap:InterestRateContractMember2021-12-310000049196hban:AccruedIncomeAndOtherAssetsMember2021-12-310000049196hban:AccruedExpensesAndOtherLiabilitiesMember2021-12-310000049196us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberhban:AccruedIncomeAndOtherAssetsMember2022-09-300000049196us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberhban:AccruedIncomeAndOtherAssetsMember2021-12-310000049196us-gaap:NondesignatedMemberhban:AccruedIncomeAndOtherAssetsMemberus-gaap:CommodityContractMember2022-09-300000049196us-gaap:NondesignatedMemberhban:AccruedIncomeAndOtherAssetsMemberus-gaap:CommodityContractMember2021-12-310000049196us-gaap:NondesignatedMemberus-gaap:EquityContractMemberhban:AccruedIncomeAndOtherAssetsMember2022-09-300000049196us-gaap:NondesignatedMemberus-gaap:EquityContractMemberhban:AccruedIncomeAndOtherAssetsMember2021-12-310000049196us-gaap:NondesignatedMemberhban:AccruedIncomeAndOtherAssetsMember2022-09-300000049196us-gaap:NondesignatedMemberhban:AccruedIncomeAndOtherAssetsMember2021-12-310000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberhban:MortgageBankingIncomeMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberhban:MortgageBankingIncomeMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberhban:MortgageBankingIncomeMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberhban:MortgageBankingIncomeMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:InterestRateFloorMemberus-gaap:NondesignatedMemberhban:InterestAndFeeIncomeOnLoansAndLeasesMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:InterestRateFloorMemberus-gaap:NondesignatedMemberhban:InterestAndFeeIncomeOnLoansAndLeasesMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:InterestRateFloorMemberus-gaap:NondesignatedMemberus-gaap:OtherExpenseMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:InterestRateFloorMemberus-gaap:NondesignatedMemberus-gaap:OtherExpenseMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateCapMemberhban:InterestExpenseOnLongTermDebtMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateCapMemberhban:InterestExpenseOnLongTermDebtMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateCapMemberus-gaap:OtherExpenseMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:InterestRateCapMemberus-gaap:OtherExpenseMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:CommodityContractMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:CommodityContractMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:CommodityContractMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberhban:CapitalMarketFeesMemberus-gaap:NondesignatedMemberus-gaap:CommodityContractMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:EquityContractMemberus-gaap:OtherExpenseMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:EquityContractMemberus-gaap:OtherExpenseMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:EquityContractMemberus-gaap:OtherExpenseMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMemberus-gaap:EquityContractMemberus-gaap:OtherExpenseMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMember2022-07-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMember2021-07-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMember2022-01-012022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:NondesignatedMember2021-01-012021-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:SecuritiesInvestmentMember2022-09-300000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:SecuritiesInvestmentMemberus-gaap:CashFlowHedgingMember2022-09-300000049196us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMemberus-gaap:SecuritiesInvestmentMember2022-09-300000049196us-gaap:SecuritiesInvestmentMember2022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LoansPayableMember2022-09-300000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LoansPayableMemberus-gaap:CashFlowHedgingMember2022-09-300000049196us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMemberus-gaap:LoansPayableMember2022-09-300000049196us-gaap:LoansPayableMember2022-09-300000049196hban:OtherLongTermDebtMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-09-300000049196hban:OtherLongTermDebtMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2022-09-300000049196hban:OtherLongTermDebtMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2022-09-300000049196hban:OtherLongTermDebtMember2022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-09-300000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2022-09-300000049196us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2022-09-300000049196us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:SecuritiesInvestmentMember2021-12-310000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:SecuritiesInvestmentMemberus-gaap:CashFlowHedgingMember2021-12-310000049196us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMemberus-gaap:SecuritiesInvestmentMember2021-12-310000049196us-gaap:SecuritiesInvestmentMember2021-12-310000049196us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LoansPayableMember2021-12-310000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LoansPayableMemberus-gaap:CashFlowHedgingMember2021-12-310000049196us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMemberus-gaap:LoansPayableMember2021-12-310000049196us-gaap:LoansPayableMember2021-12-310000049196hban:OtherLongTermDebtMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-12-310000049196hban:OtherLongTermDebtMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2021-12-310000049196hban:OtherLongTermDebtMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2021-12-310000049196hban:OtherLongTermDebtMember2021-12-310000049196us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-12-310000049196us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2021-12-310000049196us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2021-12-310000049196hban:InvestmentSecuritiesMember2022-09-300000049196us-gaap:InterestRateSwapMember2022-09-300000049196hban:InvestmentSecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2022-07-012022-09-300000049196hban:InvestmentSecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2021-07-012021-09-300000049196hban:InvestmentSecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2022-01-012022-09-300000049196hban:InvestmentSecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2021-01-012021-09-300000049196hban:HedgedinvestmentsecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2022-07-012022-09-300000049196hban:HedgedinvestmentsecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2021-07-012021-09-300000049196hban:HedgedinvestmentsecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2022-01-012022-09-300000049196hban:HedgedinvestmentsecuritiesMemberhban:InterestincomeavailableforsalesecuritiestaxableMember2021-01-012021-09-300000049196hban:SubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2022-07-012022-09-300000049196hban:SubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2021-07-012021-09-300000049196hban:SubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2022-01-012022-09-300000049196hban:SubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2021-01-012021-09-300000049196hban:HedgedSubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2022-07-012022-09-300000049196hban:HedgedSubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2021-07-012021-09-300000049196hban:HedgedSubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2022-01-012022-09-300000049196hban:HedgedSubordinatedNotesMemberhban:InterestExpenseSubordinatedNotesAndOtherLongTermDebtMember2021-01-012021-09-300000049196hban:InvestmentSecuritiesMember2021-12-310000049196hban:SubordinatedNotesMember2022-09-300000049196hban:SubordinatedNotesMember2021-12-3100000491962021-01-012021-12-310000049196hban:DerivativeUsedInMortgageBankingActivitiesMember2022-09-300000049196hban:DerivativeUsedInMortgageBankingActivitiesMember2021-12-310000049196hban:CommitmentstoSellLoansMember2022-09-300000049196hban:CommitmentstoSellLoansMember2021-12-310000049196hban:DerivativeUsedInMortgageBankingActivitiesMember2022-07-012022-09-300000049196hban:DerivativeUsedInMortgageBankingActivitiesMember2021-07-012021-09-300000049196hban:DerivativeUsedInMortgageBankingActivitiesMember2022-01-012022-09-300000049196hban:DerivativeUsedInMortgageBankingActivitiesMember2021-01-012021-09-300000049196hban:DerivativeUsedInTradingActivityMember2022-09-300000049196hban:DerivativeUsedInTradingActivityMember2021-12-31hban:group0000049196hban:LowIncomeHousingTaxCreditPartnersMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:TrustPreferredSecuritiesMember2022-09-300000049196us-gaap:OtherInvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-09-300000049196hban:LowIncomeHousingTaxCreditPartnersMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:TrustPreferredSecuritiesMember2021-12-310000049196us-gaap:OtherInvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:HuntingtonCapitalIiMember2022-09-300000049196hban:SkyFinancialCapitalTrustIIIMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:SkyFinancialCapitalTrustIVMember2022-09-300000049196hban:HuntingtonCapitalIiMemberus-gaap:LondonInterbankOfferedRateLIBORMember2022-01-012022-09-300000049196hban:SkyFinancialCapitalTrustIIIMemberus-gaap:LondonInterbankOfferedRateLIBORMember2022-01-012022-09-300000049196hban:LowIncomeHousingTaxCreditPartnersMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-07-012022-09-300000049196hban:LowIncomeHousingTaxCreditPartnersMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-07-012021-09-300000049196hban:LowIncomeHousingTaxCreditPartnersMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-01-012022-09-300000049196hban:LowIncomeHousingTaxCreditPartnersMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-01-012021-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:ProportionalAmortizationMethodMember2022-07-012022-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:ProportionalAmortizationMethodMember2021-07-012021-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:ProportionalAmortizationMethodMember2022-01-012022-09-300000049196us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberhban:ProportionalAmortizationMethodMember2021-01-012021-09-300000049196us-gaap:CommercialLoanMember2022-09-300000049196us-gaap:CommercialLoanMember2021-12-310000049196us-gaap:ConsumerLoanMember2022-09-300000049196us-gaap:ConsumerLoanMember2021-12-310000049196us-gaap:CommercialRealEstateMember2022-09-300000049196us-gaap:CommercialRealEstateMember2021-12-310000049196us-gaap:StandbyLettersOfCreditMember2022-09-300000049196us-gaap:StandbyLettersOfCreditMember2021-12-310000049196us-gaap:LetterOfCreditMemberus-gaap:CommercialAndIndustrialSectorMember2022-09-300000049196us-gaap:LetterOfCreditMemberus-gaap:CommercialAndIndustrialSectorMember2021-12-310000049196srt:MinimumMember2022-09-300000049196srt:MaximumMember2022-09-30hban:segment0000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMember2022-09-300000049196hban:CommercialBankingMemberus-gaap:OperatingSegmentsMember2021-12-310000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2022-09-300000049196hban:ConsumerAndBusinessBankingMemberus-gaap:OperatingSegmentsMember2021-12-310000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2022-09-300000049196hban:VehicleFinanceMemberus-gaap:OperatingSegmentsMember2021-12-310000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2022-09-300000049196us-gaap:OperatingSegmentsMemberhban:RegionalBankingAndTheHuntingtonPrivateClientGroupMember2021-12-310000049196us-gaap:CorporateNonSegmentMember2022-09-300000049196us-gaap:CorporateNonSegmentMember2021-12-31
Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2022
OR
 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to

hban-20220930_g1.jpg
Huntington Bancshares Incorporated
(Exact name of registrant as specified in its charter)
Maryland
1-34073
31-0724920
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
Registrant’s address: 41 South High Street, Columbus, Ohio 43287
Registrant’s telephone number, including area code: (614480-2265
Securities registered pursuant to Section 12(b) of the Act
Title of class
Trading
Symbol(s)
Name of exchange on which registered
Depositary Shares (each representing a 1/40th interest in a share of 4.500% Series H Non-Cumulative, perpetual preferred stock)HBANPNASDAQ
Depositary Shares (each representing a 1/1000th interest in a share of 5.70% Series I Non-Cumulative, perpetual preferred stock)HBANMNASDAQ
Common Stock—Par Value $0.01 per ShareHBANNASDAQ
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days.    x  Yes      No
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    x  Yes      No
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large Accelerated FilerxAccelerated filer
Non-accelerated filerSmaller reporting company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).      Yes    x  No
There were 1,442,734,255 shares of the registrant’s common stock ($0.01 par value) outstanding on September 30, 2022.


Table of Content
HUNTINGTON BANCSHARES INCORPORATED
INDEX
 
2 Huntington Bancshares Incorporated

Table of Content
Glossary of Acronyms and Terms

The following listing provides a comprehensive reference of common acronyms and terms used throughout the document: 
ACL  Allowance for Credit Losses
AFS  Available-for-Sale
ALLL  Allowance for Loan and Lease Losses
AOCIAccumulated Other Comprehensive Income (Loss)
ASC  Accounting Standards Codification
AULC  Allowance for Unfunded Lending Commitments
Basel III  Refers to the final rule issued by the FRB and OCC and published in the Federal Register on October 11, 2013
C&I  Commercial and Industrial
CDs  Certificates of Deposit
CECLCurrent Expected Credit Loss
CET1  Common Equity Tier 1 on a Basel III basis
CFPB  Bureau of Consumer Financial Protection
CMO  Collateralized Mortgage Obligations
COVID-19Coronavirus Disease 2019
CRE  Commercial Real Estate
EADExposure at Default
EVE  Economic Value of Equity
FASBFinancial Accounting Standards Board
FDIC  Federal Deposit Insurance Corporation
FHLB  Federal Home Loan Bank
FICO  Fair Isaac Corporation
FRB  Federal Reserve Bank or the Federal Reserve Board
FTE  Fully-Taxable Equivalent
FTP  Funds Transfer Pricing
FVOFair Value Option
GAAP  Generally Accepted Accounting Principles in the United States of America
GDPGross Domestic Product
HTM  Held-to-Maturity
IRS  Internal Revenue Service
LGDLoss Given Default
LIBOR  London Interbank Offered Rate
LIHTC  Low Income Housing Tax Credit
MBS  Mortgage-Backed Securities
MD&A  Management’s Discussion and Analysis of Financial Condition and Results of Operations
MSR  Mortgage Servicing Right
NAICS  North American Industry Classification System
NALs  Nonaccrual Loans
NCO  Net Charge-off
NII  Net Interest Income
NIM  Net Interest Margin
NMNot Meaningful
NPAs  Nonperforming Assets
OCC  Office of the Comptroller of the Currency
OCI  Other Comprehensive Income
OLEM  Other Loans Especially Mentioned
2022 3Q Form 10-Q 3


Table of Content
PCDPurchased Credit Deteriorated
PDProbability of Default
PPPPaycheck Protection Program
RBHPCG  Regional Banking and The Huntington Private Client Group
ROCRisk Oversight Committee
SBASmall Business Administration
SCBStress Capital Buffer
SEC  Securities and Exchange Commission
SOFRSecured Overnight Financing Rate
TCFTCF Financial Corporation
TDR  Troubled Debt Restructuring
U.S. Treasury  U.S. Department of the Treasury
UPBUnpaid Principal Balance
VIE  Variable Interest Entity
XBRL  eXtensible Business Reporting Language

4 Huntington Bancshares Incorporated

Table of Content
PART I. FINANCIAL INFORMATION
When we refer to “we”, “our”, “us”, “Huntington”, and “the Company” in this report, we mean Huntington Bancshares Incorporated and our consolidated subsidiaries, unless the context indicates that we refer only to the parent company, Huntington Bancshares Incorporated. When we refer to the “Bank” in this report, we mean our only bank subsidiary, The Huntington National Bank, and its subsidiaries.

Item 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations
INTRODUCTION
We are a multi-state diversified regional bank holding company organized under Maryland law in 1966 and headquartered in Columbus, Ohio. Through the Bank, we have over 150 years of servicing the financial needs of our customers. Through our subsidiaries, we provide full-service commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, investment banking, capital markets, and advisory services, equipment financing, distribution finance (formerly referred to as inventory finance), investment management, trust services, brokerage services, insurance products and services, and other financial products and services. At September 30, 2022, our 1,032 full-service branches and private client group offices are primarily located in Ohio, Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Pennsylvania, West Virginia, and Wisconsin. Select financial services and other activities are also conducted in various other states. International banking services are available through the headquarters office in Columbus, Ohio. Our foreign banking activities, in total or with any individual country, are not significant.
This MD&A provides information we believe necessary for understanding our financial condition, changes in financial condition, results of operations, and cash flows. The MD&A included in our 2021 Annual Report on Form 10-K should be read in conjunction with this MD&A as this discussion provides only material updates to the 2021 Annual Report on Form 10-K. This MD&A should also be read in conjunction with the Unaudited Condensed Consolidated Financial Statements, Notes to Unaudited Condensed Consolidated Financial Statements, and other information contained in this report.
EXECUTIVE OVERVIEW
In June 2021, Huntington closed the acquisition of TCF Financial Corporation. Historical periods prior to June 9, 2021 reflect results of legacy Huntington operations. Subsequent to closing, results reflect all post-acquisition activity. See Note 3 “Acquisition of TCF Financial Corporation” of the Notes to Unaudited Condensed Consolidated Financial Statements appearing in Huntington’s 2021 Annual Report on Form 10-K for further information.
In May 2022, Huntington completed the acquisition of Torana, now known as Huntington Choice Pay, a digital payments business focused on business to consumer payments. This acquisition along with the formation of our enterprise-wide payments group reflects one of our strategic priorities to accelerate our payments capabilities and expand the services provided to our customers.
In June 2022, Huntington completed the acquisition of Capstone Partners, a top tier middle market investment bank and advisory firm. The transaction brings a national scale to serve middle market business owners throughout the corporate lifecycle, building on Huntington’s regional banking foundation. Capstone Partners related revenue, including mergers and acquisitions, capital raising and other advisory-related fees, is recognized within capital markets fees in the Consolidated Statements of Income.
Summary of 2022 Third Quarter Results Compared to 2021 Third Quarter
For the quarter, we reported net income of $594 million, or $0.39 per diluted common share, compared with $377 million, or $0.22 per diluted common share, in the year-ago quarter.

2022 3Q Form 10-Q 5


Table of Content
Net interest income was $1.4 billion, up $244 million, or 21% from the year-ago quarter. FTE net interest income, a non-GAAP financial measure, increased $245 million, or 21%, from the year-ago quarter. The increase in FTE net interest income primarily reflects a 51 basis point increase in the FTE NIM to 3.42% and a $4.9 billion, or 3%, increase in average earning assets. The year-over-year increase in NIM was driven by the higher rate environment driving an increase in loan and lease and investment security yields, partially offset by higher cost of funds. Average earning assets growth included a $7.3 billion, or 7%, increase in average loans and leases and a $6.7 billion, or 19%, increase in average securities, partially offset by an $8.3 billion, or 72%, decrease in deposits held at the FRB.
The provision for credit losses increased $168 million from the year-ago quarter to $106 million in the 2022 third quarter. The increase in provision for credit losses was primarily due to loan and lease growth. The ACL increased $25 million from the year-ago quarter to $2.2 billion in the 2022 third quarter, or 1.89% of total loans and leases, compared to $2.2 billion, or 2.01% of total loans and leases. The decrease in ACL as a percentage of total loans and leases reflects the overall improved credit performance of the loan and lease portfolio, while also recognizing the uncertainty in the near-term macroeconomic outlook. NCOs decreased $11 million from the year-ago-quarter to $44 million. Total NCOs represented an annualized 0.15% of average loans and leases in the current quarter, down from 0.20% in the year-ago quarter.
Noninterest income was $498 million, a decrease of $37 million, or 7%, and noninterest expense decreased $236 million, or 18%, from the year-ago quarter. The decrease in noninterest income was primarily due to decreases in mortgage banking income and service charges on deposit accounts, partially offset by an increase in capital markets fees. The decrease in noninterest expense was primarily due to a reduction in acquisition-related expenses of $224 million and execution of cost reduction initiatives associated with the TCF acquisition.
The tangible common equity to tangible assets ratio was 5.32% at September 30, 2022, down 156 basis points from December 31, 2021, primarily due to a decrease in tangible common equity related to higher interest rates causing an increase in accumulated other comprehensive loss, partially offset by undistributed earnings. CET1 risk-based capital ratio was 9.27%, down from 9.33% from December 31, 2021. The decrease in regulatory capital ratios was primarily driven by dividends, risk-weighted assets growth, and goodwill recognized, partially offset by earnings.
General
Our general business objectives are:
Build on our vision to become the country’s leading people-first, digitally powered bank
Drive sustainable long-term revenue growth and efficiency
Deliver a Category of One customer experience through proactive and personalized guidance, differentiated products, and expertise
Extend our digital capabilities with focus on ease of use, access to information, and self-service across products and services
Add scale and scope by acquiring and deepening relationships and launching of select partnerships
Maintain positive operating leverage and execute disciplined capital management
Execute effective risk management with an aggregate moderate-to-low, through-the-cycle risk appetite
COVID-19
The COVID-19 pandemic has caused unprecedented disruption that has affected daily living and has negatively impacted the economy. As further discussed in “Discussion of Results of Operations,” the volatility in the markets and economic uncertainty caused by the pandemic continue to have impact.
Huntington reacted quickly to the changes required by the pandemic as a result of the commitment and flexibility of our colleagues coupled with well-prepared business continuity plans. We continue to make progress welcoming more of our colleagues back to the office as part of our Coming Back Together plan. We offer Workplace Flex to help employees achieve work/life harmony in support of the business. We achieve this with flexible work arrangements, parental leave, and other health, wellness and financial benefits and services that assist employees and their families. We continue to monitor the impact of the virus and current government guidelines.
6 Huntington Bancshares Incorporated

Table of Content
Economy
Growth in economic activity and demand for goods and services, alongside labor shortages, supply chain complications and geopolitical matters, have contributed to rising inflation. In response, the FRB has raised interest rates and has been reducing the size of its balance sheet. Furthermore, the FRB signaled that it would continue to implement these policy actions in order to bring inflation down. The timing and impact of inflation and rising interest rates on our business and related financial results will depend on future developments, which are highly uncertain and difficult to predict. Our businesses and financial results may be impacted by a variety of other factors as well, such as an economic slowdown or recession.
We delivered positive results this quarter, driven by continued execution of strategic initiatives including loan and lease growth, higher deposit balances and expanded fee income while maintaining disciplined expense management. The recent addition of Capstone Partners has expanded the expertise we bring to customers, is benefiting our continued efforts to deepen relationships with commercial customers and is increasing our fee income opportunities. Credit continues to perform well in keeping with our aggregate moderate-to-low, through-the-cycle risk appetite. Through our disciplined and proactive approach, we believe Huntington is well positioned to manage through the uncertainty in the macroeconomic environment. We remain focused on delivering profitable growth.
DISCUSSION OF RESULTS OF OPERATIONS
This section provides a review of financial performance on a consolidated basis. Key Unaudited Condensed Consolidated Balance Sheet and Unaudited Condensed Statement of Income trends are discussed. All earnings per share data are reported on a diluted basis. For additional insight on financial performance, please read this section in conjunction with the “Business Segment Discussion”.


2022 3Q Form 10-Q 7


Table of Content
Table 1 - Selected Quarterly Income Statement Data
 Three Months Ended
September 30,September 30,Change
(amounts in millions, except per share data)20222021AmountPercent
Interest income$1,589 $1,205 $384 32 %
Interest expense185 45 140 NM
Net interest income1,404 1,160 244 21 
Provision for credit losses106 (62)168 NM
Net interest income after provision for credit losses1,298 1,222 76 
Service charges on deposit accounts 93 114 (21)(18)
Card and payment processing income96 96 — — 
Mortgage banking income26 81 (55)(68)
Trust and investment management services60 61 (1)(2)
Capital markets fees73 40 33 83 
Insurance income28 25 12 
Leasing revenue29 42 (13)(31)
Bank owned life insurance income13 15 (2)(13)
Gain on sale of loans15 13 NM
Other noninterest income65 59 10 
Total noninterest income498 535 (37)(7)
Personnel costs614 643 (29)(5)
Outside data processing and other services145 304 (159)(52)
Net occupancy63 95 (32)(34)
Equipment60 79 (19)(24)
Professional services18 26 (8)(31)
Marketing24 25 (1)(4)
Deposit and other insurance expense15 17 (2)(12)
Amortization of intangibles13 13 — — 
Lease financing equipment depreciation11 19 (8)(42)
Other noninterest expense90 68 22 32 
Total noninterest expense1,053 1,289 (236)(18)
Income before income taxes743 468 275 59 
Provision for income taxes146 90 56 62 
Income after income taxes597 378 219 58 
Income attributable to non-controlling interestNM
Net income attributable to Huntington Bancshares Inc594 377 217 58 
Dividends on preferred shares29 29 — — 
Impact of preferred stock redemption— 15 (15)NM
Net income applicable to common shares$565 $333 $232 70 %
Average common shares—basic1,443 1,463 (20)(1)%
Average common shares—diluted1,465 1,487 (22)(1)
Net income per common share—basic$0.39 $0.23 $0.16 70 
Net income per common share—diluted0.39 0.22 0.17 77 
Return on average total assets1.31 %0.86 %
Return on average common shareholders’ equity13.9 7.6 
Return on average tangible common shareholders’ equity (1)21.9 11.5 
Net interest margin (2)3.42 2.91 
Efficiency ratio (3)54.4 74.9 
Effective tax rate19.7 19.0 
Revenue and Net Interest Income—FTE (non-GAAP)
Net interest income$1,404 $1,160 $244 21 %
FTE adjustment14 
Net interest income, FTE (non-GAAP) (2)1,412 1,167 245 21 
Noninterest income498 535 (37)(7)
Total revenue, FTE (non-GAAP) (2)$1,910 $1,702 $208 12 %
(1)Net income 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 an FTE basis assuming a 21% tax rate.
(3)Noninterest expense less amortization of intangibles and goodwill impairment divided by the sum of FTE net interest income and noninterest income excluding securities gains.

8 Huntington Bancshares Incorporated

Table of Content
Table 2 - Selected Year to Date Income Statement Data
 Nine Months Ended September 30,Change
(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 
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 12 
Leasing revenue91 58 33 57 
Bank owned life insurance income41 47 (6)(13)
Gain on sale of loans55 47 NM
Net gains on sales of securities— 10 (10)NM
Other noninterest income160 141 19 13 
Total noninterest income1,482 1,374 108 
Personnel costs1,771 1,703 68 
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 18 
Lease financing equipment depreciation36 24 12 50 
Other noninterest expense249 245 
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 interestNM
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)NM
Net income applicable to common shares$1,508 $776 $732 94 %
Average common shares—basic1,441 1,202 239 20 %
Average common shares—diluted1,464 1,225 239 20 
Net income per common share—basic$1.05 $0.65 $0.40 62 
Net income per common share—diluted1.03 0.63 0.40 63 
Revenue and Net Interest Income—FTE (Non-GAAP)
Net interest income$3,811 $2,970 $841 28 %
FTE adjustment22 19 16 
Net interest income, FTE (non-GAAP) (1)3,833 2,989 844 28 
Noninterest income1,482 1,374 108 
Total revenue, FTE (non-GAAP) (1)$5,315 $4,363 $952 22 %
(1)On an FTE basis assuming a 21% tax rate.


2022 3Q Form 10-Q 9


Table of Content
Average Balance Sheet / Net Interest Income
The following tables detail the change in our average balance sheet and the net interest margin.

Table 3 - Consolidated Quarterly Average Balance Sheet and Net Interest Margin
 Three Months Ended
September 30, 2022September 30, 2021Change in
AverageInterestYield/AverageInterestYield/Average Balances
(dollar amounts in millions)BalancesIncome (FTE) (1)Rate (2)BalancesIncome (FTE) (1)Rate (2)AmountPercent
Assets:
Interest-bearing deposits at Federal Reserve Bank$3,204 $19 2.39 %$11,536 $0.17 %$(8,332)(72)%
Interest-bearing deposits in banks260 3.31 466 0.04 (206)(44)
Securities:
Trading account securities24 — 4.12 49 — 2.98 (25)(51)
Available-for-sale securities:
Taxable21,677 165 3.06 20,147 68 1.34 1,530 
Tax-exempt2,917 25 3.39 3,116 18 2.37 (199)(6)
Total available-for-sale securities24,594 190 3.09 23,263 86 1.48 1,331 
Held-to-maturity securities—taxable17,188 95 2.21 11,964 47 1.58 5,224 44 
Other securities804 3.21 677 1.43 127 19 
Total securities42,610 292 2.74 35,953 135 1.52 6,657 19 
Loans held for sale986 13 4.98 1,525 13 3.23 (539)(35)
Loans and leases: (3)
Commercial:
Commercial and industrial43,598 490 4.40 40,597 419 4.04 3,001 
Commercial real estate16,102 190 4.61 14,694 122 3.23 1,408 10 
Lease financing4,981 63 4.95 4,983 61 4.84 (2)— 
Total commercial64,681 743 4.50 60,274 602 3.91 4,407 
Consumer:
Residential mortgage21,552 174 3.23 18,886 139 2.95 2,666 14 
Automobile13,514 120 3.53 13,209 121 3.62 305 
Home equity10,431 143 5.43 11,106 113 4.03 (675)(6)
RV and marine5,454 59 4.29 4,998 55 4.33 456 
Other consumer1,332 32 9.55 1,195 29 9.72 137 11 
Total consumer52,283 528 4.02 49,394 457 3.67 2,889 
Total loans and leases116,964 1,271 4.28 109,668 1,059 3.80 7,296 
Allowance for loan and lease losses(2,099)(2,219)120 
Net loans and leases114,865 107,449 7,416 
Total earning assets164,024 1,597 3.86 159,148 1,212 3.02 4,876 
Cash and due from banks1,697 1,535 162 11 
Goodwill and other intangible assets5,781 5,578 203 
All other assets10,154 9,791 363 
Total assets$179,557 $173,833 $5,724 %
Liabilities and Shareholders’ Equity:
Interest-bearing deposits:
Demand deposits—interest-bearing$42,038 $42 0.40 %$35,690 $0.04 %$6,348 18 %
Money market deposits34,058 25 0.29 33,281 0.08 777 
Savings and other domestic deposits21,439 0.02 20,931 0.03 508 
Core certificates of deposit (4)2,040 0.10 3,319 (2)(0.23)(1,279)(39)
Other domestic deposits of $250,000 or more193 — 0.35 582 0.21 (389)(67)
Negotiable CDs, brokered and other deposits
4,124 23 2.25 3,905 0.15 219 
Total interest-bearing deposits103,892 92 0.35 97,708 11 0.05 6,184 
Short-term borrowings2,609 22 3.31 317 — 0.14 2,292 NM
Long-term debt8,251 71 3.40 7,587 34 1.81 664 
Total interest-bearing liabilities114,752 185 0.64 105,612 45 0.17 9,140 
Demand deposits—noninterest-bearing42,116 44,595 (2,479)(6)
All other liabilities4,340 3,823 517 14 
Total Huntington Bancshares Inc shareholders’ equity18,317 19,783 (1,466)(7)
Non-controlling interest32 20 12 60 
Total equity18,349 19,803 (1,454)(7)
Total liabilities and shareholders’ equity$179,557 $173,833 $5,724 %
Net interest rate spread3.22 2.85 
Impact of noninterest-bearing funds on margin0.20 0.06 
Net interest margin/NII (FTE)$1,412 3.42 %$1,167 2.91 %
(1)FTE yields are calculated assuming a 21% tax rate.
(2)Average yield rates include the impact of applicable derivatives. Loan and lease and deposit average yield rates also include impact of applicable non-deferrable and amortized fees.
(3)For purposes of this analysis, NALs are reflected in the average balances of loans and leases.
(4)Includes consumer certificates of deposit of $250,000 or more.

10 Huntington Bancshares Incorporated

Table of Content
2022 Third Quarter versus 2021 Third Quarter
Net interest income for the 2022 third quarter increased $244 million, or 21%, from the 2021 third quarter. FTE net interest income, a non-GAAP financial measure, for the 2022 third quarter increased $245 million, or 21%, from the 2021 third quarter. The increase in FTE net interest income reflects a 51 basis point increase in the FTE NIM to 3.42% and a $4.9 billion, or 3%, increase in average total earning assets. The increase to FTE NIM was driven by the higher rate environment driving an increase in loan and lease and investment security yields, partially offset by higher cost of funds. The increase in average total earning assets included a $7.3 billion, or 7%, increase in average loans and leases and a $6.7 billion, or 19%, increase in average securities, partially offset by an $8.3 billion, or 72%, decrease in deposits held at the FRB. Average loan and lease balance increases were driven by organic growth in commercial and consumer loans and leases, partially offset by a $3.1 billion decrease in average PPP loans. The increase in average securities was driven by the redeployment of excess liquidity into securities in the second half of 2021.
Net interest income for the 2022 third quarter included $15 million of net interest income from purchase accounting accretion and $4 million in accelerated PPP loan fees recognized upon forgiveness payments from the SBA, compared to $36 million and $30 million, respectively, in the 2021 third quarter.


2022 3Q Form 10-Q 11


Table of Content
Table 4 - Consolidated YTD Average Balance Sheets and Net Interest Margin
 Nine months ended
September 30, 2022September 30, 2021Change in
AverageInterestYield/AverageInterestYield/Average Balances
(dollar amounts in millions)BalancesIncome (FTE) (1)Rate (2)BalancesIncome (FTE) (1)Rate (2)AmountPercent
Assets:
Interest-bearing deposits at Federal Reserve Bank$4,629 $29 0.84 %$8,432 $0.13 %$(3,803)(45)%
Interest-bearing deposits in banks200 1.85 322 0.04 (122)(38)
Securities:
Trading account securities33 3.75 50 3.21 (17)(34)
Available-for-sale securities:
Taxable22,509 378 2.24 18,376 184 1.33 4,133 22 
Tax-exempt2,887 66 3.04 2,868 52 2.43 19 
Total available-for-sale securities25,396 444 2.33 21,244 236 1.48 4,152 20 
Held-to-maturity securities—taxable16,336 251 2.05 9,185 124 1.81 7,151 78 
Other securities841 18 2.83 524 1.57 317 60 
Total securities42,606 714 2.23 31,003 367 1.58 11,603 37 
Loans held for sale1,086 33 4.00 1,404 31 2.90 (318)(23)
Loans and leases: (3)
Commercial:
Commercial and industrial42,569 1,297 4.02 35,657 1,053 3.90 6,912 19 
Commercial real estate15,484 435 3.70 10,345 243 3.09 5,139 50 
Lease financing4,938 185 4.95 3,336 125 4.96 1,602 48 
Total commercial62,991 1,917 4.01 49,338 1,421 3.80 13,653 28 
Consumer:
Residential mortgage20,536 478 3.10 14,941 338 3.02 5,595 37 
Automobile13,512 347 3.44 12,891 352 3.65 621 
Home equity10,406 360 4.62 9,771 282 3.86 635 
RV and marine5,293 166 4.19 4,549 145 4.26 744 16 
Other consumer1,301 90 9.21 1,058 83 10.44 243 23 
Total consumer51,048 1,441 3.77 43,210 1,200 3.71 7,838 18 
Total loans and leases114,039 3,358 3.91 92,548 2,621 3.76 21,491 23 
Allowance for loan and lease losses(2,067)(1,953)(114)(6)
Net loans and leases111,972 90,595 21,377 24 
Total earning assets162,560 4,137 3.40 133,709 3,028 3.03 28,851 22 
Cash and due from banks1,672 1,242 430 35 
Goodwill and other intangible assets5,660 3,615 2,045 57 
All other assets10,092 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 $56 0.18 %$30,776 $0.04 %$10,691 35 %
Money market deposits33,512 37 0.15 29,243 15 0.07 4,269 15 
Savings and other domestic deposits21,480 0.02 16,165 0.03 5,315 33 
Core certificates of deposit (4)2,274 0.10 2,186 0.05 88 
Other domestic deposits of $250,000 or more244 — 0.24 320 0.23 (76)(24)
Negotiable CDs, brokered and other deposits
3,522 30 1.14 3,417 0.16 105 
Total interest-bearing deposits102,499 128 0.17 82,107 34 0.05 20,392 25 
Short-term borrowings3,139 36 1.52 256 — 0.26 2,883 NM
Long-term debt (5)7,401 140 2.51 7,413 0.10 (12)— 
Total interest-bearing liabilities113,039 304 0.36 89,776 39 0.06 23,263 26 
Demand deposits—noninterest-bearing42,157 36,139 6,018 17 
All other liabilities4,158 2,952 1,206 41 
Total Huntington Bancshares Inc shareholders’ equity18,534 16,196 2,338 14 
Non-controlling interest29 20 NM
Total equity18,563 16,205 2,358 15 
Total liabilities and shareholders’ equity$177,917 $145,072 $32,845 23 %
Net interest rate spread3.04 2.97 
Impact of noninterest-bearing funds on margin0.11 0.02 
Net interest margin/NII$3,833 3.15 %$2,989 2.99 %
(1)FTE yields are calculated assuming a 21% tax rate.
(2)Average yield rates include the impact of applicable derivatives. Loan and lease and deposit average yield rates also include impact of applicable non-deferrable and amortized fees.
(3)For purposes of this analysis, NALs are reflected in the average balances of loans and leases.
(4)Includes consumer certificates of deposit of $250,000 or more.
(5)    Reflects the net mark-to-market impact of interest rate caps, a benefit of $89 million, or 161 bps, for the first nine-month period of 2021. There was no impact for the first nine-month period of 2022.

12 Huntington Bancshares Incorporated

Table of Content
2022 First Nine Months versus 2021 First Nine Months
Net interest income for the first nine-month period of 2022 increased $841 million, or 28%, from the year-ago period. FTE net interest income, a non-GAAP financial measure, for the first nine-month period of 2022 increased $844 million, or 28%, from the year-ago period. The increase in FTE net interest income reflected the benefit of a $28.9 billion, or 22%, increase in average total earning assets in addition to a 16 basis point increase in the FTE NIM to 3.15%. The increase in average total earning assets included a $21.5 billion, or 23%, increase in average loans and leases and a $11.6 billion, or 37%, increase in average securities. Average balances across earning assets categories reflect the late second-quarter 2021 TCF acquisition in addition to organic growth. The increase in average securities was additionally driven by the redeployment of excess liquidity into securities in the second half of 2021.
The NIM expansion was driven by the higher rate environment driving an increase in loans and lease and investment security yields, partially offset by higher cost of funds, the prior year benefit from the $89 million net mark-to-market impact of interest rate caps, and the impact of lower accelerated PPP loan fees recognized upon forgiveness payments from the SBA in 2022.
Net interest income for the first nine-month period of 2022 included $50 million of net interest income from purchase accounting accretion and $20 million in accelerated PPP loan fees recognized upon forgiveness payments from the SBA, compared to $46 million and $105 million, respectively, in the year-ago period.
Provision for Credit Losses
(This section should be read in conjunction with the “Credit Risk” section.)
The provision for credit losses is the expense necessary to maintain the credit allowance at levels appropriate to absorb our estimate of credit losses expected over the life of the loan and lease portfolio, securities portfolio, and unfunded lending commitments.
The provision for credit losses for the 2022 third quarter of $106 million, an increase of $168 million, compared to the 2021 third quarter, primarily due to a combination of current period loan and lease growth and a reserve release in the prior year period. On a year-to-date basis, provision for credit losses for the first nine-month period of 2022 was $198 million, an increase of $109 million, or 122%, compared to the year-ago period, primarily due to loan and lease growth. The prior year-to-date provision for credit losses primarily reflected the TCF acquisition initial provision for credit losses of $294 million, offset by improvement in economic forecast in 2021 as there was more clarity relating to the economic impacts of COVID-19.
The components of the provision for credit losses were as follows:
Table 5 - Provision for Credit Losses
Three Months EndedNine months ended
September 30,September 30,September 30,September 30,
(dollar amounts in millions)2022202120222021
Provision for loan and lease losses$80 $(56)$151 $42 
Provision for unfunded lending commitments26 (6)43 47 
Provision for securities— — — 
Total provision for credit losses$106 $(62)$198 $89 
The ACL increased $25 million from the year-ago quarter to $2.2 billion, or 1.89%, of total loans and leases, compared to $2.2 billion, or 2.01% of total loans and leases. The decrease in ACL as a percentage of total loans and leases reflects a gradual improvement in the economic outlook, while also recognizing the near-term recessionary risks.

2022 3Q Form 10-Q 13


Table of Content
Noninterest Income
The following table reflects noninterest income for each of the periods presented: 
Table 6 - Noninterest Income
Three Months Ended3Q22 vs. 3Q21
September 30,September 30,Change
(dollar amounts in millions)20222021AmountPercent
Service charges on deposit accounts $93 $114 $(21)(18)%
Card and payment processing income96 96 — — 
Mortgage banking income26 81 (55)(68)
Trust and investment management services60 61 (1)(2)
Capital markets fees73 40 33 83 
Insurance income28 25 12 
Leasing revenue29 42 (13)(31)
Bank owned life insurance income13 15 (2)(13)
Gain on sale of loans15 13 NM
Other noninterest income65 59 10 
Total noninterest income$498 $535 $(37)(7)%

2022 Third Quarter versus 2021 Third Quarter
Noninterest income for the 2022 third quarter was $498 million, a decrease of $37 million, or 7%, from the year-ago quarter. Mortgage banking income decreased $55 million, or 68%, primarily reflecting lower secondary marketing spreads and lower salable volume. Service charges on deposit accounts decreased $21 million, or 18%, primarily reflecting impact from Fair Play enhancements implemented in July 2022 and conversion of TCF customers to Huntington’s Fair Play product and service set in October 2021. Leasing revenue decreased $13 million, or 31%, primarily reflecting a decrease in operating leases. Partially offsetting these decreases, capital markets fees increased $33 million, or 83%, primarily reflecting higher advisory fees supported by a full quarter impact of Capstone Partners, and gain on sale of loans increased $13 million, primarily due to resuming the sale of SBA loans in 2022.
Table 7 - Noninterest Income—2022 First Nine Months Ended vs. 2021 First Nine Months Ended
 Nine Months Ended September 30,Change
(dollar amounts in millions)20222021AmountPercent
Service charges on deposit accounts $295 $271 $24 %
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 12 
Leasing revenue91 58 33 57 
Bank owned life insurance income41 47 (6)(13)
Gain on sale of loans55 47 NM
Net gains on sales of securities— 10 (10)NM
Other noninterest income160 141 19 13 
Total noninterest income$1,482 $1,374 $108 %
14 Huntington Bancshares Incorporated

Table of Content
Noninterest income for the first nine-month period of 2022 increased $108 million, or 8%, from the year-ago period. The first nine-month period of 2022 noninterest income across categories was driven by the full-period impact of the TCF acquisition, completed in June 2021. Capital markets fees increased $65 million, or 63%, primarily reflecting higher advisory fees supported by the impact of Capstone Partners, interest rate derivative fees, loan syndication fees, and foreign exchange fees. Gain on sale of loans increased $47 million, primarily due to resuming the sale of SBA loans in 2022. Trust and investment management services increased $19 million, or 11%, primarily reflecting continued strong sales and the impact of the TCF acquisition. All other increases were primarily a result of the impact of the TCF acquisition. These increases were partially offset by decreases in mortgage banking of $129 million, or 52%, primarily reflecting lower secondary marketing spreads and lower salable volume, and net gains on sales of securities of $10 million, as the prior year included sales reflecting securities optimization following the acquisition of TCF.
Noninterest Expense
The following table reflects noninterest expense for each of the periods presented: 
Table 8 - Noninterest Expense
Three Months Ended3Q22 vs. 3Q21
September 30,September 30,Change
(dollar amounts in millions)20222021AmountPercent
Personnel costs$614 $643 $(29)(5)%
Outside data processing and other services145 304 (159)(52)
Net occupancy63 95 (32)(34)
Equipment60 79 (19)(24)
Professional services18 26 (8)(31)
Marketing24 25 (1)(4)
Deposit and other insurance expense15 17 (2)(12)
Amortization of intangibles13 13 — — 
Lease financing equipment depreciation11 19 (8)(42)
Other noninterest expense90 68 22 32 
Total noninterest expense$1,053 $1,289 $(236)(18)%
Number of employees (average full-time equivalent)19,997 20,908 (911)(4)%
Impacts of acquisition-related expenses:
Three Months Ended
September 30,September 30,
(dollar amounts in millions)20222021
Personnel costs$$36 
Outside data processing and other services140 
Net occupancy36 
Equipment
Professional services— 
Marketing— 
Other noninterest expense— 
Total noninterest expense adjustments$10 $234 
2022 Third Quarter versus 2021 Third Quarter
Noninterest expense for the 2022 third quarter was $1.1 billion, a decrease of $236 million, or 18%, from the year-ago quarter, primarily reflecting a $224 million decrease in acquisition-related expenses and execution of cost reduction initiatives associated with the TCF acquisition.

15

Table of Content
Table 9 - Noninterest Expense—2022 First Nine Months Ended vs. 2021 First Nine Months Ended
 Nine Months Ended September 30,Change
(dollar amounts in millions)20222021AmountPercent
Personnel costs$1,771 $1,703 $68 %
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 18 
Lease financing equipment depreciation36 24 12 50 
Other noninterest expense249 245 
Total noninterest expense$3,124 $3,154 $(30)(1)%
Impacts of acquisition-related expenses: 
 Nine Months Ended September 30,
(dollar amounts in millions)20222021
Personnel costs$$146 
Outside data processing and other services39 181 
Net occupancy22 74 
Equipment
Professional services53 
Marketing— 
Deposit and other insurance expense— 
Other noninterest expense58 
Total noninterest expense adjustments$80 $524 
Noninterest expense decreased $30 million, or 1%, from the year-ago period, primarily reflecting a $444 million decrease in acquisition-related expenses and execution of cost reduction initiatives, partially offset by the full-period impact of the TCF acquisition. Outside data processing and other services decreased $118 million, or 20%, professional services expense decreased $35 million, or 38%, and net occupancy expense decreased $24 million, or 11%, all primarily reflecting decreases in acquisition-related expense, partially offset by the full-period impact of the TCF acquisition. Partially offsetting these decreases, personnel costs increased $68 million, or 4%, primarily due to the impact of the full-period impact of the TCF acquisition in addition to impacts of merit increases, partially offset by a decrease in acquisition-related expenses. Equipment expense increased $22 million, or 12%, primarily reflecting the impact of the TCF acquisition and timing of technology equipment purchases and amortization. Marketing expense increased $15 million, or 28%, primarily reflecting investment in new product launches and expanding brand marketing. All other increases were primarily a result of the impact of the TCF acquisition.
Provision for Income Taxes
The provision for income taxes in the 2022 third quarter was $146 million, compared to $90 million in the 2021 third quarter. The provision for income taxes for the nine-month periods ended September 30, 2022 and September 30, 2021 was $371 million and $206 million, respectively. All periods included the benefits from general business credits, capital losses, tax-exempt income, tax-exempt bank owned life insurance income, and investments in qualified affordable housing projects. The effective tax rates for the 2022 third quarter and 2021 third quarter were 19.7% and 19.0%, respectively. The effective tax rates for the nine-month periods ended September 30, 2022 and September 30, 2021 were 18.8% and 18.7%, respectively.
The net federal deferred tax asset was $658 million, and the net state deferred tax asset was $84 million at September 30, 2022.
16 Huntington Bancshares Incorporated


Table of Content
We file income tax returns with the IRS and various state, city, and foreign jurisdictions. Federal income tax audits have been completed for tax years through 2009. The 2010 and 2011 tax years remain under exam by the IRS. While the statute of limitations remains open for tax years 2012 through 2020, the IRS has advised that tax years 2012 through 2014 will not be audited and is currently examining the 2015 and 2016 federal income tax returns. Also, with few exceptions, we are no longer subject to state and local income tax examinations for tax years before 2017.
RISK MANAGEMENT AND CAPITAL
We use a multi-faceted approach to risk governance. It begins with our Board of Directors defining our risk appetite as aggregate moderate-to-low, through-the-cycle. Risk awareness, identification and assessment, reporting, and active management are key elements in overall risk management. Controls include, among others, effective segregation of duties, access management, and authorization and reconciliation procedures, as well as staff education and a disciplined assessment process.
We believe that our primary risk exposures are credit, market, liquidity, operational and compliance. More information on risk can be found in Item 1A Risk Factors below, the Risk Factors section included in Item 1A of our 2021 Annual Report on Form 10-K and subsequent filings with the SEC. The MD&A included in our 2021 Annual Report on Form 10-K should be read in conjunction with this MD&A, as this discussion provides only material updates to the 2021 Annual Report on Form 10-K. This MD&A should also be read in conjunction with the Unaudited Condensed Consolidated Financial Statements, Notes to Unaudited Condensed Consolidated Financial Statements, and other information contained in this report. Our definition, philosophy, and approach to risk management have not materially changed from the discussion presented in the 2021 Annual Report on Form 10-K.
Credit Risk
Credit risk is the risk of financial loss if a counterparty is not able to meet the agreed upon terms of the financial obligation. The majority of our credit risk is associated with lending activities, as the acceptance and management of credit risk is central to profitable lending. We also have credit risk associated with our investment securities portfolios (see Note 4 “Investment Securities and Other Securities” of the Notes to the Unaudited Condensed Consolidated Financial Statements). We engage with other financial counterparties for a variety of purposes including investing, asset and liability management, mortgage banking, and trading activities. A variety of derivative financial instruments, principally interest rate swaps, caps, and floors, are used in asset and liability management activities to protect against the risk of adverse price or interest rate movements. We also use derivatives, principally loan sale commitments, in hedging our mortgage loan interest rate lock commitments and mortgage loans held for sale. While there is credit risk associated with derivative activity, we believe this exposure is minimal.
We focus on the early identification, monitoring, and management of all aspects of our credit risk. In addition to the traditional credit risk mitigation strategies of credit policies and processes, market risk management activities, and portfolio diversification, we use quantitative measurement capabilities utilizing external data sources, enhanced modeling technology, and internal stress testing processes. Our ongoing expansion of portfolio management resources is central to our commitment to maintaining an aggregate moderate-to-low, through-the-cycle risk appetite. In our efforts to identify risk mitigation techniques, we have focused on product design features, origination policies, and solutions for delinquent or stressed borrowers.
2022 3Q Form 10-Q 17


Table of Content
Loan and Lease Credit Exposure Mix
Refer to the “Loan and Lease Credit Exposure Mix” section of our 2021 Annual Report on Form 10-K for a brief description of each portfolio segment.
The table below provides the composition of our total loan and lease portfolio: 
Table 10 - Loan and Lease Portfolio Composition
(dollar amounts in millions)September 30,
2022
December 31,
2021
Commercial:
Commercial and industrial
$44,144 38 %$41,688 37 %
Commercial real estate
16,456 14 14,961 14 
Lease financing5,093 5,000 
Total commercial
65,693 56 61,649 55 
Consumer:
Residential mortgage21,816 18 19,256 17 
Automobile
13,430 11 13,434 12 
Home equity
10,440 10,550 
RV and marine
5,436 5,058 
Other consumer
1,332 1,320 
Total consumer
52,454 44 49,618 45 
Total loans and leases
$118,147 100 %$111,267 100 %
Our loan portfolio is a managed mix of consumer and commercial credits. We manage the overall credit exposure and portfolio composition via a credit concentration policy. The policy designates specific loan types, collateral types, and loan structures to be formally tracked and assigned maximum exposure limits as a percentage of capital. Commercial lending by NAICS categories, specific limits for CRE project types, loans secured by residential real estate, large dollar exposures, and designated high risk loan categories represent examples of specifically tracked components of our concentration management process. There are no identified concentrations that exceed the assigned exposure limit. Our concentration management policy is approved by the ROC and is used to ensure a high quality, well diversified portfolio that is consistent with our overall objective of maintaining an aggregate moderate-to-low, through-the-cycle risk appetite. Changes to existing concentration limits, incorporating specific information relating to the potential impact on the overall portfolio composition and performance metrics, require the approval of the ROC prior to implementation.
Commercial Credit
Refer to the “Commercial Credit” section of our 2021 Annual Report on Form 10-K for our commercial credit underwriting and on-going credit management processes.
Consumer Credit
Refer to the “Consumer Credit” section of our 2021 Annual Report on Form 10-K for our consumer credit underwriting and on-going credit management processes.
18 Huntington Bancshares Incorporated


Table of Content
The table below provides our total loan and lease portfolio by industry type:
Table 11 - Loan and Lease Portfolio by Industry Type
(dollar amounts in millions)September 30,
2022
December 31,
2021
Commercial loans and leases:
Real estate and rental and leasing$15,984 14 %$14,287 13 %
Retail trade (1)8,760 6,709 
Manufacturing7,992 7,401 
Finance and insurance5,241 4,595 
Health care and social assistance4,278 4,733 
Wholesale Trade4,330 4,067 
Accommodation and food services3,368 3,778 
Transportation and warehousing3,073 3,096 
Other services2,057 2,119 
Professional, scientific, and technical services1,910 1,975 
Construction1,691 1,980 
Arts, entertainment, and recreation1,400 1,495 
Admin./Support/Waste Mgmt. and Remediation Services1,309 1,285 
Utilities1,085 932 
Information1,000 870 
Public administration678 713 
Educational services528 — 657 — 
Agriculture, forestry, fishing and hunting438 — 453 — 
Mining, quarrying, and oil and gas extraction212 — 358 — 
Management of companies and enterprises113 — 130 — 
Unclassified/other246 — 16 — 
Total commercial loans and leases by industry category65,693 56 61,649 55 
Residential mortgage21,816 18 19,256 17 
Automobile13,430 11 13,434 12 
Home equity10,440 10,550 
RV and marine5,436 5,058 
Other consumer loans1,332 1,320 
Total loans and leases$118,147 100 %$111,267 100 %
(1)    Amounts include $1.9 billion and $1.5 billion of auto dealer services loans at September 30, 2022 and December 31, 2021, respectively.
Credit Quality
(This section should be read in conjunction with Note 5 “Loans / Leases” and Note 6Allowance for Credit Losses” of the Notes to Unaudited Condensed Consolidated Financial Statements.)
We believe the most meaningful way to assess overall credit quality performance is through an analysis of specific performance ratios. This approach forms the basis of the discussion in the sections immediately following: NPAs, NALs, ACL, and NCOs. In addition, we utilize delinquency rates, risk distribution and migration patterns, product segmentation, and origination trends in the analysis of our credit quality performance.
Credit quality performance in the 2022 third quarter reflected NCOs of $44 million, or 0.15% of average total loans and leases, annualized, a decrease of $11 million, compared to $55 million, or 0.20%, in the year-ago quarter. The decrease was driven by a $32 million reduction in Commercial NCOs to $15 million in the 2022 third quarter, partially offset by a $21 million increase in Consumer NCOs. NPAs decreased from December 31, 2021 by $123 million, or 16%, largely driven by a decrease in commercial and industrial NALs.
2022 3Q Form 10-Q 19


Table of Content
NPAs and NALs
(This section should be read in conjunction with Note 5 “Loans / Leases” and Note 6Allowance for Credit Losses” of the Notes to Unaudited Condensed Consolidated Financial Statements and “Credit Quality” section appearing in Huntington’s 2021 Annual Report on Form 10-K.)
NPAs and NALs
Commercial loans are placed on nonaccrual status at 90-days past due, or earlier if repayment of principal and interest is in doubt. Of the $428 million of commercial related NALs at September 30, 2022, $271 million, or 63%, represented loans that were less than 30-days past due, demonstrating our continued commitment to proactive credit risk management.
The following table reflects period-end NALs and NPAs detail:
Table 12 - Nonaccrual Loans and Leases and Nonperforming Assets
(dollar amounts in millions)September 30,
2022
December 31,
2021
Nonaccrual loans and leases (NALs):
Commercial and industrial
$288 $370 
Commercial real estate
110 104 
Lease financing30 48 
Residential mortgage94 111 
Automobile
Home equity
75 79 
RV and marine
Total nonaccrual loans and leases
602 716 
Other real estate, net:
Residential
11 
Commercial
— 
Total other real estate, net11 
Other NPAs (1)14 25 
Total nonperforming assets
$627 $750 
Nonaccrual loans and leases as a % of total loans and leases
0.51 %0.64 %
NPA ratio (2)0.53 0.67 
(1)    Other nonperforming assets include certain impaired investment securities and/or nonaccrual loans held-for-sale.
(2)    Nonperforming assets divided by the sum of loans and leases, other real estate owned, and other NPAs.

ACL
(This section should be read in conjunction with Note 6 “Allowance for Credit Losses” of the Notes to Unaudited Condensed Consolidated Financial Statements.)
Our ACL is comprised of two different components, both of which in our judgment are appropriate to absorb lifetime expected credit losses in our loan and lease portfolio: the ALLL and the AULC.
We use statistically-based models that employ assumptions about current and future economic conditions throughout the contractual life of the loan. The process of estimating expected credit losses is based on three key parameters: PD, EAD, and LGD. Beyond the reasonable and supportable period (two to three years), the economic variables revert to a historical equilibrium at a pace dependent on the state of the economy reflected within the economic scenario.

20 Huntington Bancshares Incorporated


Table of Content
Future economic conditions consider multiple macroeconomic scenarios provided to us by an independent third party and are reviewed through the appropriate committee governance channels described below. These macroeconomic scenarios contain certain variables that are influential to our modeling process, the most significant being unemployment rates and GDP. The probability weights assigned to each scenario are generally expected to be consistent from period to period and determined through our ACL process. Any changes in probability weights must be supported by appropriate documentation and approval of senior management. Additionally, we consider whether to adjust the modeled estimates to address possible limitations within the models or factors not captured within the macroeconomic scenarios. Lifetime losses for most of our loans and leases are evaluated collectively based on similar risk characteristics, risk ratings, origination credit bureau scores, delinquency status, and remaining months within loan agreements, among other factors.
The baseline scenario used for the 2022 third quarter assumes that the Russian oil supply losses will be largely offset resulting in the global oil market remaining balanced into 2023, allowing oil prices to gradually drop. The overnight federal funds rate is forecasted to continue to increase, hitting a terminal rate of 3.5% in Q1 2023 as the Federal Reserve continues to address the elevated inflation levels. The expectation is that the federal funds rate would stay at 3.5% through 2023, before starting to cut rates over the course of 2024.
The table below is intended to show how the forecasted path of unemployment rate and GDP has changed since the end of 2021:
Table 13 - Forecasted Key Macroeconomic Variables
Baseline scenario forecast202120222023
Q4Q2Q4Q2Q4
Unemployment rate (1)
4Q 20214.5 %3.7 %3.5 %3.5 %3.5 %
3Q 2022N/AN/A3.7 3.9 4.0 
Gross Domestic Product (1)
4Q 20216.6 %3.6 %2.5 %2.9 %2.8 %
3Q 2022N/AN/A1.0 1.8 2.7 
(1) Values reflect the baseline scenario forecast inputs for each period presented, not updated for subsequent actual amounts.
Management continues to assess the uncertainty in the macroeconomic environment, including those related to geopolitical instability, and current inflation levels considering multiple macroeconomic forecasts that reflected a range of possible outcomes in order to address such uncertainty. While we have incorporated estimates of economic uncertainty into our ACL, the ultimate impact of the current inflation levels and attempts to lower inflation through Federal Reserve rate actions will have on the economy remains uncertain.
Management develops additional analytics to support adjustments to our modeled results. Our governance committees reviewed model results of various economic scenarios for appropriate usage, concluding that the quantitative transactional reserve will continue to utilize scenario weighting. Given the uncertainty associated with key economic scenario assumptions, the September 30, 2022 ACL included a general reserve that consists of various risk profile components, including profiles to capture uncertainty not addressed within the quantitative transaction reserve.
Our ACL methodology committee is responsible for developing the methodology, assumptions and estimates used in the calculation, as well as determining the appropriateness of the ACL. The ALLL represents the estimate of lifetime expected losses in the loan and lease portfolio at the reported date. The loss modeling process uses an EAD concept to calculate total expected losses on both funded balances and unfunded lending commitments, where appropriate. Losses related to the unfunded lending commitments are then recorded as AULC within other liabilities in the Unaudited Condensed Consolidated Balance Sheet. A liability for expected credit losses for off-balance sheet credit exposures is recognized if Huntington has a present contractual obligation to extend the credit and the obligation is not unconditionally cancelable.
2022 3Q Form 10-Q 21


Table of Content
The AULC is determined by applying the same quantitative reserve determination process to the unfunded portion of the loan exposures adjusted by an applicable funding expectation. (See Note 1 “Significant Accounting Policies” of the Notes to Unaudited Condensed Consolidated Financial Statements appearing in Huntington’s 2021 Annual Report on Form 10-K.)
Our ACL evaluation process includes the on-going assessment of credit quality metrics, and a comparison of certain ACL benchmarks to current performance. For more information, including the ALLL and AULC activity by portfolio segment, refer to Note 6 “Allowance for Credit Losses” of the Notes to the Unaudited Condensed Consolidated Financial Statements.
The table below reflects the allocation of our ALLL among our various loan categories and the reported ACL:
Table 14 - Allocation of Allowance for Credit Losses (1)
(dollar amounts in millions)September 30,
2022
December 31,
2021
ALLL
Commercial
Commercial and industrial$860 38 %$832 37 %
Commercial real estate504 14 586 14 
Lease financing50 44 
Total commercial1,414 56 1,462 55 
Consumer
Residential mortgage178 18 145 17 
Automobile118 11 108 12 
Home equity126 88 
RV and marine127 105 
Other consumer147 122 
Total consumer696 44 568 45 
Total ALLL2,110 100 %2,030 100 %
AULC120 77 
Total ACL$2,230 $2,107 
Total ALLL as a % of
Total loans and leases1.79%1.82%
Nonaccrual loans and leases351284
NPAs336271
Total ACL as % of
Total loans and leases1.89%1.89%
Nonaccrual loans and leases371294
NPAs355281
(1)Percentages represent the percentage of each loan and lease category to total loans and leases.
At September 30, 2022, the ACL was $2.2 billion, or 1.89% of total loans and leases, compared to $2.1 billion, or 1.89%, at December 31, 2021. The consistent ACL as a percentage of total loans and leases reflects positive credit quality trends while recognizing the uncertainty in the near-term macroeconomic outlook. The increase in the total ACL was primarily driven by loan and lease growth.
22 Huntington Bancshares Incorporated


Table of Content
NCOs
The table below reflects NCO detail for the three-month periods ended September 30, 2022 and 2021:
Table 15 - Quarterly Net Charge-off Analysis
Three Months Ended
September 30,September 30,
(dollar amounts in millions)20222021
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial
$16 $28 
Commercial real estate
(3)
Lease financing12 
Total commercial
15 47 
Consumer:
Residential mortgage(1)— 
Automobile(4)
Home equity(2)(3)
RV and marine
— 
Other consumer
27 15 
Total consumer
29 
Total net charge-offs$44 $55 
Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial
0.15 %0.28 %
Commercial real estate
(0.06)0.21 
Lease financing0.17 0.87 
Total commercial
0.10 0.31 
Consumer:
Residential mortgage(0.02)— 
Automobile0.07 (0.10)
Home equity(0.07)(0.08)
RV and marine
0.17 (0.01)
Other consumer
8.09 4.84 
Total consumer
0.22 0.07 
Net charge-offs as a % of average loans and leases0.15 %0.20 %
2022 Third Quarter versus 2021 Third Quarter
NCOs were an annualized 0.15% of average loans and leases in the current quarter, down from 0.20% in the 2021 third quarter. NCOs for the commercial portfolios showed improvement, with annualized net charge-offs of 0.10% in the current quarter, compared to 0.31% in the year-ago quarter. Consumer charge-offs were higher in the quarter, compared to the year-ago quarter.

2022 3Q Form 10-Q 23


Table of Content
The table below reflects NCO detail for the nine-month periods ended September 30, 2022 and 2021:
Table 16 - Year to Date Net Charge-off Analysis
(dollar amounts in millions)
Nine months ended September 30,
20222021
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial$(11)$93 
Commercial real estate21 
Lease financing41 
Total commercial
(6)155 
Consumer:
Residential mortgage(2)— 
Automobile(6)
Home equity(5)(4)
RV and marine
Other consumer75 33 
Total consumer
77 26 
Total net charge-offs$71 $181 
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 %

2022 First Nine Months versus 2021 First Nine Months
NCOs decreased $110 million in the first nine-month period of 2022 to $71 million. NCOs for the commercial portfolios showed improvement, with annualized net recoveries of 0.01% in the current period compared to annualized net charge-offs of 0.42% in the year-ago period. Consumer charge-offs were higher in the period, compared to the year-ago period.
Market Risk
(This section should be read in conjunction with the “Market Risk” section appearing in Huntington’s 2021 Annual Report on Form 10-K for our on-going market risk management processes.)
Market risk refers to potential losses arising from changes in interest rates, foreign exchange rates, equity prices and commodity prices, including the correlation among these factors and their volatility. When the value of an instrument is tied to such external factors, the holder faces market risk. We are primarily exposed to interest rate risk as a result of offering a wide array of financial products to our customers and secondarily to price risk from trading securities, securities owned by our broker-dealer subsidiaries, foreign exchange positions, equity investments, and investments in securities backed by mortgage loans.
24 Huntington Bancshares Incorporated


Table of Content
We measure market risk exposure via financial simulation models, which provide management with insights on the potential impact to net interest income and other key metrics as a result of changes in market interest rates. Models are used to simulate cash flows and accrual characteristics of the balance sheet based on assumptions regarding the slope or shape of the yield curve, the direction and volatility of interest rates, and the changing composition and characteristics of the balance sheet resulting from strategic objectives and customer behavior. Assumptions and models provide insight on forecasted balance sheet growth and composition, and the pricing and maturity characteristics of current and future business.
In measuring the financial risks associated with interest rate sensitivity in our balance sheet, we compare a set of alternative interest rate scenarios to the results of a base case scenario derived using market forward rates. The market forward reflects the market consensus regarding the future level and slope of the yield curve across a range of tenor points. The standard set of interest rate scenarios includes two types: “shock” scenarios which are immediate parallel rate shifts, and “ramp” scenarios where the parallel shift is applied gradually over the first 12 months of the forecast on a pro rata basis. In both shock and ramp scenarios with falling rates, we presume that market rates will not go below 0%. The scenarios are inclusive of all executed interest rate risk hedging activities. Forward starting hedges are included to the extent that they have been transacted and that they start within the measurement horizon.
We use two approaches to model interest rate risk: Net interest income at risk (NII at risk) and economic value of equity at risk modeling sensitivity analysis (EVE at Risk).
Table 17 - Net Interest Income at Risk
 Net Interest Income at Risk (%)
Basis point change scenario-100+100+200
September 30, 2022-2.1 2.2 4.3 
December 31, 2021-4.2 4.6 8.9 
The NII at Risk results included in the table above reflect the analysis used monthly by management. It models gradual “ramp” -100, +100 and +200 basis point parallel shift scenarios, implied by the forward yield curve over the next twelve months.
The NII at Risk shows that the balance sheet is asset sensitive at both September 30, 2022, and December 31, 2021. The change in sensitivity is primarily driven by changes in market interest rate expectations, and the size and mix of the balance sheet.
Table 18 - Economic Value of Equity at Risk
 Economic Value of Equity at Risk (%)
Basis point change scenario-100+100+200
September 30, 20226.4 -8.5 -17.9 
December 31, 2021-4.6 -1.5 -5.6 
The EVE results included in the table above reflect the analysis used monthly by management. It models immediate -100, +100 and +200 basis point parallel “shock” scenarios.
The change in sensitivity from December 31, 2021 was driven primarily by changes in the spot market rate curve extending the duration of the securities portfolio and shortening the duration of liabilities.
We have LIBOR-based exposure in the form of variable rate loans, derivatives, Series B preferred stock, long term debt and other securities and financial arrangements. To address the discontinuance of LIBOR in its current form, we established a LIBOR transition team and project plan under the oversight of the CRO and CFO, providing periodic updates to the ROC. Contract remediation efforts coordinated by the LIBOR transition team are scheduled for completion by June 2023. Source systems have been updated to support alternative reference rates. At this time alternative reference rates are predominantly SOFR based. As such, we have developed a SOFR-enabled interest rate risk monitoring framework and a strategy for managing interest rate risk during the transition from LIBOR to SOFR. We continue to monitor market developments and legislative and regulatory updates.
2022 3Q Form 10-Q 25


Table of Content
Use of Derivatives to Manage Interest Rate Risk
An integral component of our interest rate risk management strategy is the use of derivative instruments to minimize significant fluctuations in earnings caused by changes in market interest rates. Examples of derivative instruments that we may use as part of our interest rate risk management strategy include interest rate swaps, caps and floors, collars, forward contracts, and forward starting interest rate swaps.
Table 19 shows all swap, collar and floor positions that are utilized for purposes of managing our exposures to the variability of interest rates. The interest rates variability may impact either the fair value of the assets and liabilities or impact the cash flows attributable to net interest margin. These positions are used to protect the fair value of asset and liabilities by converting the contractual interest rate on a specified amount of assets and liabilities (i.e., notional amounts) to another interest rate index. The positions are also used to hedge the variability in cash flows attributable to the contractually specified interest rate by converting the variable rate index into a fixed rate. The volume, maturity and mix of derivative positions change frequently as we adjust our broader interest rate risk management objectives and the balance sheet positions to be hedged. For further information, including the notional amount and fair values of these derivatives, refer to Note 14 “Derivative Financial Instruments” of the Notes to Unaudited Condensed Consolidated Financial Statements.
The following tables present additional information about the interest rate swaps and floors used in Huntington’s asset and liability management activities at September 30, 2022 and December 31, 2021.
Table 19 - Weighted-Average Maturity, Receive Rate and SOFR/LIBOR Reset Rate on Asset Liability Management Instruments
September 30, 2022
 Average Maturity (years)
Weighted-Average
Fixed Rate
Weighted-Average Reset Rate
(dollar amounts in millions)Notional ValueFair Value
Asset conversion swaps
Receive Fixed - Pay 1 month LIBOR$7,875 1.66 $(399)1.21 %2.70 %
Receive Fixed - Pay SOFR6,400 3.55 (303)2.38 2.35 
Pay Fixed - Receive 1 month LIBOR (1)7,585 4.04 829 0.90 3.04 
Pay Fixed - Receive SOFR366 7.27 52 1.46 2.29 
Receive Fixed - Pay SOFR - forward starting (2)4,050 4.96 (177)2.63 — 
Pay Fixed - Receive 1 month LIBOR - forward starting (3)530 6.29 67 1.44 — 
Pay Fixed - Receive SOFR - forward starting (1) (4)1,816 6.21 85 2.10 — 
Liability conversion swaps
Receive Fixed - Pay 1 month LIBOR1,430 2.10 (59)2.01 2.75 
Receive Fixed - Pay SOFR4,299 5.52 (199)2.73 2.70 
Purchased swaption collars
Purchased Interest Rate Swaption Collars (5)4,000 0.31 (65)2.37 / 3.67— 
Basis Swaps
Pay SOFR- Receive Fed Fund (economic hedges) (6)230 2.91 — 3.08 2.97 
Pay Fed Fund - Receive SOFR (economic hedges) (6)41 0.23 — 2.96 3.08 
Total swap portfolio (7)$38,622 $(169)
26 Huntington Bancshares Incorporated


Table of Content
December 31, 2021
 Average Maturity (years)Weighted-Average
Fixed Rate
Weighted-Average
Reset Rate
(dollar amounts in millions)Notional ValueFair Value
Asset conversion swaps
Receive Fixed - Pay 1 month LIBOR$10,775 1.88 $58 1.38 %0.11 %
Pay Fixed - Receive 1 month LIBOR (1)1,625 8.83 34 1.08 0.10 
Pay Fixed - Receive SOFR67 7.98 — 1.32 — 
Pay Fixed - Pay 1 month LIBOR - forward starting (8)6,500 3.97 78 0.90 — 
Pay Fixed - Receive SOFR - forward starting (8)36 7.32 — 1.29 — 
Liability conversion swaps
Receive Fixed - Pay 1 month LIBOR1,928 2.16 54 2.13 0.10 
Basis Swaps
Pay SOFR- Receive Fed Fund (economic hedges) (5)230 3.66 — 0.08 0.06 
Pay Fed Fund - Receive SOFR (economic hedges) (5)41 0.98 — 0.05 0.08 
Total swap portfolio$21,202 $224 
December 31, 2021
 Average Maturity (years)Weighted-Average
Floor Strike
Weighted-Average
Reset Rate
(dollar amounts in millions)Notional ValueFair Value
Interest rate floors
Purchased Interest Rate Floors - 1 month LIBOR$375 0.06 $1.93 %0.10 %
Total floors portfolio$375 $

(1)Amounts include interest rate swaps as fair value hedges of fixed-rate investment securities using the portfolio layer method.
(2)Forward starting swaps effective starting from October 2022 to July 2024.
(3)Forward starting swaps effective starting from October 2022 to February 2023.
(4)Forward starting swaps effective starting from January 2023 to October 2027.
(5)The weighted average fixed rates for the swaption collars are the weighted average strike rates for the upper and lower bounds of the collars.
(6)Swaps have variable pay and variable receive resets. Weighted Average Fixed Rate column represents pay rate reset.
(7)LIBOR swap instruments that remain outstanding in July 2023 will transition to a SOFR-based rate.
(8)Forward starting swaps effective starting from January 2022 to February 2023.

MSRs
(This section should be read in conjunction with Note 7 “Mortgage Loan Sales and Servicing Rights” of Notes to the Unaudited Condensed Consolidated Financial Statements.)
At September 30, 2022, we had a total of $486 million of capitalized MSRs representing the right to service $32.0 billion in mortgage loans.
MSR fair values are sensitive to movements in interest rates as expected future net servicing income depends on the projected outstanding principal balances of the underlying loans, which can be reduced by prepayments and declines in credit quality. Prepayments usually increase when mortgage interest rates decline and decrease when mortgage interest rates rise. We also employ hedging strategies to reduce the risk of MSR fair value changes or impairment. However, volatile changes in interest rates can diminish the effectiveness of these economic hedges. We report changes in the MSR value net of hedge-related trading activity in the mortgage banking income category of noninterest income.
MSR assets are included in servicing rights and other intangible assets in the Unaudited Condensed Consolidated Financial Statements.
Price Risk
Price risk represents the risk of loss arising from adverse movements in the prices of financial instruments that are carried at fair value and are subject to fair value accounting. We have price risk from trading securities, securities owned by our broker-dealer subsidiaries, foreign exchange positions, derivative instruments, and equity investments. We have established loss limits on the trading portfolio, on the amount of foreign exchange exposure that can be maintained, and on the amount of marketable equity securities that can be held.
2022 3Q Form 10-Q 27


Table of Content
Liquidity Risk
(This section should be read in conjunction with the “Liquidity Risk” section appearing in Huntington’s 2021 Annual Report on Form 10-K for our on-going liquidity risk management processes.)
Our primary source of liquidity is our core deposit base. Core deposits comprised approximately 97% of total deposits at September 30, 2022. We also have available unused wholesale sources of liquidity, including advances from the FHLB, issuance through dealers in the capital markets, and access to certificates of deposit issued through brokers. Liquidity is further provided by unencumbered, or unpledged, investment securities that totaled $12.2 billion as of September 30, 2022.
Bank Liquidity and Sources of Funding
Our primary sources of funding for the Bank are consumer and commercial core deposits. At September 30, 2022, these core deposits funded 79% of total assets (120% of total loans). Other sources of liquidity include non-core deposits, FHLB advances, wholesale debt instruments, and securitizations. Demand deposit overdrafts that have been reclassified as loan balances were $21 million and $29 million at September 30, 2022 and December 31, 2021, respectively.
The following table reflects deposit composition detail.
Table 20 - Deposit Composition
September 30,December 31,
(dollar amounts in millions)20222021
By Type:
Demand deposits—noninterest-bearing$40,762 28 %$43,236 30 %
Demand deposits—interest-bearing43,673 30 39,837 28 
Money market deposits33,811 23 32,522 23 
Savings and other domestic deposits21,274 15 21,088 15 
Core certificates of deposit (1)2,115 2,740 
Total core deposits:141,635 97 139,423 98 
Other domestic deposits of $250,000 or more186 — 359 — 
Negotiable CDs, brokered and other deposits
4,492 3,481 
Total deposits$146,313 100 %$143,263 100 %
Total core deposits:
Commercial$65,151 46 %$61,521 44 %
Consumer76,484 54 77,902 56 
Total core deposits$141,635 100 %$139,423 100 %
(1)Includes consumer certificates of deposit of $250,000 or more.
The Bank maintains borrowing capacity at the FHLB and the Federal Reserve Bank Discount Window. The Bank does not consider borrowing capacity from the Federal Reserve Bank Discount Window as a primary source of liquidity. Total loans and securities pledged to the Federal Reserve Bank Discount Window and the FHLB are $89.6 billion at September 30, 2022.
At September 30, 2022, the carrying value of investment securities pledged: (i) to secure public and trust deposits, trading account liabilities, U.S. Treasury demand notes, and security repurchase agreements, and (ii) to support borrowing capacity, totaled $28.0 billion. There were no securities of a single issuer, which are not governmental or government-sponsored, that exceeded 10% of shareholders’ equity at September 30, 2022.
To the extent we are unable to obtain sufficient liquidity through core deposits, we may meet our liquidity needs through sources of wholesale funding, asset securitization or sale. Sources of wholesale funding include other domestic deposits of $250,000 or more, negotiable CDs, brokered and other deposits, short-term borrowings, and long-term debt. Our wholesale funding for both the Bank and parent company totaled $15.3 billion at September 30, 2022, compared to $11.3 billion at December 31, 2021. The increase from year-end is primarily due to increases in FHLB borrowings, brokered funds, and senior debt.
At September 30, 2022, we believe the Bank has sufficient liquidity and capital resources to meet its cash flow obligations over the next 12 months and for the foreseeable future.
28 Huntington Bancshares Incorporated


Table of Content
Parent Company Liquidity
The parent company’s funding requirements consist primarily of dividends to shareholders, debt service, income taxes, operating expenses, funding of nonbank subsidiaries, repurchases of our stock, and acquisitions. The parent company obtains funding to meet obligations from dividends and interest received from the Bank, interest and dividends received from direct subsidiaries, net taxes collected from subsidiaries included in the federal consolidated tax return, fees for services provided to subsidiaries, and the issuance of debt securities.
The parent company had $3.9 billion and $2.8 billion at September 30, 2022 and December 31, 2021 in cash and cash equivalents, respectively.
On October 20, 2022, our Board of Directors declared a quarterly common stock cash dividend of $0.155 per common share. The dividend is payable on January 3, 2023, to shareholders of record on December 19, 2022. Based on the current quarterly dividend of $0.155 per common share, cash demands required for common stock dividends are estimated to be approximately $224 million per quarter. Additionally, on October 20, 2022, our Board of Directors declared a quarterly Series B, Series E, Series F, Series G and Series H Preferred Stock dividend payable on January 17, 2023 to shareholders of record on January 1, 2023. On September 19, 2022, our Board of Directors declared a quarterly dividend for the Series I Preferred Stock payable on December 1, 2022 to shareholders of record on November 15, 2022. Total cash demands required for Series B, Series E, Series F, Series G, Series H and Series I are expected to be approximately $29 million per quarter.
During the first nine months of 2022, the Bank paid preferred and common dividends to the parent company of $34 million and $907 million, respectively. To meet any additional liquidity needs, the parent company may issue debt or equity securities.
At September 30, 2022, we believe the Company has sufficient liquidity and capital resources to meet its cash flow obligations over the next 12 months and for the foreseeable future.
Off-Balance Sheet Arrangements
In the normal course of business, we enter into various off-balance sheet arrangements. These arrangements include commitments to extend credit, interest rate swaps, caps and floors, collars, financial guarantees contained in standby letters-of-credit issued by the Bank, and commitments by the Bank to sell mortgage loans.
Operational Risk
Operational risk is the risk of loss due to human error, third-party performance failures, inadequate or failed internal systems and controls, including the use of financial or other quantitative methodologies that may not adequately predict future results; violations of, or noncompliance with, laws, rules, regulations, prescribed practices, or ethical standards; and external influences such as market conditions, fraudulent activities, disasters, failed business contingency plans and security risks. We continuously strive to strengthen our system of internal controls to ensure compliance with significant contracts, agreements, laws, rules, and regulations, and to improve the oversight of our operational risk.
We actively monitor cyber threats such as attempts related to online deception and loss of sensitive customer data. We evaluate internal systems, processes, and controls to mitigate loss from cyber-attacks and, to date, have not experienced any material losses. Cybersecurity threats have increased, primarily through phishing campaigns. We are actively monitoring our email gateways for malicious phishing email campaigns. We have also increased our cybersecurity and fraud monitoring activities through the implementation of specific monitoring of remote connections by geography and volume of connections to detect anomalous remote logins, since a significant portion of our workforce has the option to work remotely. 
2022 3Q Form 10-Q 29


Table of Content
Our objective for managing cyber security risk is to avoid or minimize the impacts of external threat events or other efforts to penetrate our systems. We work to achieve this objective by hardening networks and systems against attack, and by diligently managing visibility and monitoring controls within our data and communications environment to recognize events and respond before the attacker has the opportunity to plan and execute on its own goals. To this end we employ a set of defense in-depth strategies, which include efforts to make us less attractive as a target and less vulnerable to threats, while investing in threat analytic capabilities for rapid detection and response. Potential concerns related to cyber security may be escalated to our board-level Technology Committee, as appropriate. As a complement to the overall cyber security risk management, we use a number of internal training methods, both formally through mandatory courses and informally through written communications and other updates. Internal policies and procedures have been implemented to encourage the reporting of potential phishing attacks or other security risks. We also use third-party services to test the effectiveness of our cyber security risk management framework, and any such third parties are required to comply with our policies regarding information security and confidentiality.
To govern operational risks, we have an Operational Risk Committee, a Legal, Regulatory, and Compliance Committee, a Funds Movement Committee, and a Third Party Risk Management Committee. The responsibilities of these committees, among other duties, include establishing and maintaining management information systems to monitor material risks and to identify potential concerns, risks, or trends that may have a significant impact and ensuring that recommendations are developed to address the identified issues. In addition, we have a Model Risk Oversight Committee that is responsible for policies and procedures describing how model risk is evaluated and managed and the application of the governance process to implement these practices throughout the enterprise. These committees report any significant findings and remediation recommendations to the Risk Management Committee. Potential concerns may be escalated to our ROC and our Audit Committee, as appropriate. Significant findings or issues are escalated by the Third Party Risk Management Committee to the Technology Committee of the Board of Directors, as appropriate.
The goal of this framework is to implement effective operational risk-monitoring; minimize operational, fraud, and legal losses; minimize the impact of inadequately designed models and enhance our overall performance.
Compliance Risk
Financial institutions are subject to many laws, rules, and regulations at both the federal and state levels. These broad-based laws, rules, and regulations include, but are not limited to, expectations relating to anti-money laundering, lending limits, client privacy, fair lending, prohibitions against unfair, deceptive, or abusive acts or practices, protections for military members as they enter active duty, and community reinvestment. The volume and complexity of recent regulatory changes have increased our overall compliance risk. As such, we utilize various resources to help ensure expectations are met, including a team of compliance experts dedicated to ensuring our conformance with all applicable laws, rules, and regulations. Our colleagues receive training for several broad-based laws and regulations including, but not limited to, anti-money laundering and customer privacy. Additionally, colleagues engaged in lending activities receive training for laws and regulations related to flood disaster protection, equal credit opportunity, fair lending, and/or other courses related to the extension of credit. We hold ourselves to a high standard for adherence to compliance management and seek to continuously enhance our performance.
Capital
We consider disciplined capital management as a key objective. Both regulatory capital and shareholders’ equity are managed at the Bank and on a consolidated basis. We have an active program for managing capital and maintain a comprehensive process for assessing our overall capital adequacy. We believe our current levels of both regulatory capital and shareholders’ equity are adequate.
30 Huntington Bancshares Incorporated


Table of Content
The following table presents certain regulatory capital data at both the consolidated and Bank levels for each of the periods presented:
Table 21 - Regulatory Capital Data (1)
(dollar amounts in millions) September 30, 2022December 31,
2021
Total risk-weighted assetsConsolidated$138,759 $131,266 
Bank138,790 130,597 
CET 1 risk-based capitalConsolidated12,859 12,249 
Bank14,019 13,261 
Tier 1 risk-based capitalConsolidated15,036 14,426 
Bank15,217 14,445 
Tier 2 risk-based capitalConsolidated3,078 2,821 
Bank2,284 1,982 
Total risk-based capitalConsolidated18,114 17,246 
Bank17,501 16,427 
CET 1 risk-based capital ratioConsolidated9.27 %9.33 %
Bank10.10 10.15 
Tier 1 risk-based capital ratioConsolidated10.84 10.99 
Bank10.96 11.06 
Total risk-based capital ratioConsolidated13.05 13.14 
Bank12.61 12.58 
Tier 1 leverage ratioConsolidated8.51 8.56 
Bank8.63 8.60 
(1)    Huntington elected to temporarily delay certain effects of CECL on regulatory capital for two years, followed by a three-year transition period which began January 1, 2022 pursuant to a rule that allows bank holding companies and banks to delay for two years 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. As of September 30, 2022, we have phased in 25% of the cumulative CECL deferral with the remaining impact to be recognized over the remainder of the three-year transition period.
At September 30, 2022, we maintained Basel III capital ratios in excess of the well-capitalized standards established by the FRB. The decrease in regulatory capital ratios was primarily driven by dividends, risk-weighted asset growth and goodwill recognized, partially offset by earnings.
Shareholders’ Equity
We generate shareholders’ equity primarily through the retention of earnings, net of dividends and share repurchases. Other potential sources of shareholders’ equity include issuances of common and preferred stock. Our objective is to maintain capital at an amount commensurate with our risk appetite and risk tolerance objectives, to meet both regulatory and market expectations, and to provide the flexibility needed for future growth and business opportunities.
Shareholders’ equity totaled $17.1 billion at September 30, 2022, a decrease of $2.2 billion or 11% when compared with December 31, 2021. The decrease was primarily driven by the higher rate environment causing an increase in accumulated other comprehensive loss, partially offset by earnings, net of dividends.
Huntington is authorized to make capital distributions that are consistent with the requirements in the FRB’s capital rule, inclusive of the SCB requirement. As of September 30, 2022, Huntington’s SCB requirement was 2.5%, which is the minimum under the SCB framework. On April 5, 2022, Huntington submitted its 2022 Capital Plan to the Federal Reserve for supervisory review. By notice dated August 4, 2022, the Federal Reserve informed Huntington that its final SCB requirement associated with its 2022 Capital Plan is 3.3%, effective for the period of October 1, 2022 through September 30, 2023.
2022 3Q Form 10-Q 31


Table of Content
Share Repurchases
From time to time our Board of Directors authorizes the Company to repurchase shares of our common stock. Although we announce when the Board of Directors authorizes share repurchases, we typically do not give any public notice before we repurchase our shares. Future stock repurchases may be private or open-market repurchases, including block transactions, accelerated or delayed block transactions, forward transactions, and similar transactions. Various factors determine the amount and timing of our share repurchases, including our capital requirements, the number of shares we expect to issue for employee benefit plans and acquisitions, market conditions (including the trading price of our stock), and regulatory and legal considerations.
BUSINESS SEGMENT DISCUSSION
Overview
Our business segments are based on our internally-aligned segment leadership structure, which is how we monitor results and assess performance. We have four major business segments: Commercial Banking, Consumer and Business Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG). The Treasury / Other function includes technology and operations, other unallocated assets, liabilities, revenue, and expense.
Business segment results are determined based upon our management practices, which assigns balance sheet and income statement items to each of the business segments. The process is designed around our organizational and management structure and, accordingly, the results derived are not necessarily comparable with similar information published by other financial institutions.
Revenue Sharing
Revenue is recorded in the business segment responsible for the related product or service. Fee sharing is recorded to allocate portions of such revenue to other business segments involved in selling to or providing service to customers. Results of operations for the business segments reflect these fee sharing allocations.
Expense Allocation
The management process that develops the business segment reporting utilizes various estimates and allocation methodologies to measure the performance of the business segments. Expenses are allocated to business segments using a two-phase approach. The first phase consists of measuring and assigning unit costs (activity-based costs) to activities related to product origination and servicing. These activity-based costs are then extended, based on volumes, with the resulting amount allocated to business segments that own the related products. The second phase consists of the allocation of overhead costs to all four business segments from Treasury / Other. We utilize a full-allocation methodology, where all Treasury / Other expenses, except reported acquisition-related expenses, if any, and a small amount of other residual unallocated expenses, are allocated to the four business segments.
Funds Transfer Pricing (FTP)
We use an active and centralized FTP methodology to attribute appropriate net interest income to the business segments. The intent of the FTP methodology is to transfer interest rate risk from the business segments by providing modeled duration funding of assets and liabilities. The result is to centralize the financial impact, management, and reporting of interest rate risk in the Treasury / Other function where it can be centrally monitored and managed. The Treasury / Other function charges (credits) an internal cost of funds for assets held in (or pays for funding provided by) each business segment. The FTP rate is based on prevailing market interest rates for comparable duration assets (or liabilities).
32 Huntington Bancshares Incorporated


Table of Content
Net Income by Business Segment
Net income (loss) by business segment for the nine-month periods ending September 30, 2022 and September 30, 2021 is presented in the following table:
Table 22 - Net Income by Business Segment
 Nine Months Ended September 30,
(dollar amounts in millions)20222021
Commercial Banking$812 $446 
Consumer and Business Banking427 231 
Vehicle Finance161 243 
RBHPCG73 47 
Treasury / Other120 (73)
Net income$1,593 $894 
Commercial Banking
Table 23 - Key Performance Indicators for Commercial Banking
 Nine Months Ended September 30,Change
(dollar amounts in millions)20222021AmountPercent
Net interest income$1,339 $873 $466 53 %
Provision for credit losses107 (98)(92)
Noninterest income473 353 120 34 
Noninterest expense767 553 214 39 
Provision for income taxes217 119 98 82 
Income attributable to non-controlling interestNM
Net income$812 $446 $366 82 %
Number of employees (average full-time equivalent)2,109 1,652 457 28 %
Total average assets$58,886 $40,941 $17,945 44 
Total average loans/leases51,364 34,995 16,369 47 
Total average deposits35,061 28,475 6,586 23 
Net interest margin3.31 %3.11 %0.20 %
NCOs $(13)$116 $(129)(111)
NCOs as a % of average loans and leases(0.03)%0.44 %(0.47)%(107)

2022 First Nine Months versus 2021 First Nine Months
Commercial Banking reported net income of $812 million in the nine-month period of 2022, compared to $446 million in the year-ago period. Segment net interest income increased $466 million, or 53%, primarily due to an increase in average loans and leases, reflecting the impact of the June 2021 acquisition of TCF and organic loan growth, in addition to a 20-basis point increase in NIM. The increase in NIM was driven by the higher rate environment resulting in an increase in spreads and an increase in net interest income from purchase accounting accretion. The provision for credit losses decreased $98 million, primarily due to the initial provision for credit losses recognized in the second quarter 2021 related to the TCF acquisition. Noninterest income increased $120 million, or 34%, reflecting the impact of the TCF acquisition in addition to an increase in capital markets fees, primarily reflecting higher advisory fees, interest rate derivative fees, loan syndication fees, and foreign exchange fees. Noninterest expense increased $214 million, or 39%, primarily reflecting the impact of the TCF and Capstone Partners acquisitions, which led to higher personnel costs and allocated overhead.
2022 3Q Form 10-Q 33


Table of Content
Consumer and Business Banking
Table 24 - Key Performance Indicators for Consumer and Business Banking
 Nine Months Ended September 30,Change
(dollar amounts in millions)20222021AmountPercent
Net interest income$1,701 $1,187 $514 43 %
Provision for credit losses138 57 81 142 
Noninterest income785 780 
Noninterest expense1,807 1,617 190 12 
Provision for income taxes114 62 52 84 
Net income$427 $231 $196 85 %
Number of employees (average full-time equivalent)9,510 8,905 605 %
Total average assets$38,416 $35,470 $2,946 
Total average loans/leases32,059 30,640 1,419 
Total average deposits94,548 76,806 17,742 23 
Net interest margin2.38 %2.03 %0.35 %17 
NCOs$79 $68 $11 16 
NCOs as a % of average loans and leases0.33 %0.30 %0.03 %10 
2022 First Nine Months versus 2021 First Nine Months
Consumer and Business Banking, including Home Lending, reported net income of $427 million in the nine-month period of 2022, an increase of $196 million, or 85%, compared to the year-ago period. Segment net interest income increased $514 million, or 43%, primarily due to an increase in average earnings assets reflecting the impact of the June 2021 acquisition of TCF and a 35 basis point increase in NIM driven by the higher rate environment, partially offset by a decrease in accelerated PPP loan fees recognized upon forgiveness payments from the SBA. The provision for credit losses increased $81 million to $138 million, primarily due to an increase in loan growth. Noninterest income increased $5 million, or 1%, reflecting the impact of the TCF acquisition and gains from SBA sales in 2022, partially offset by decreased mortgage banking income primarily reflecting lower secondary marketing spreads and lower salable volume. Noninterest expense increased $190 million, or 12%, primarily reflecting the impact of the TCF acquisition largely driven by higher personnel expense reflecting an increase in the number of FTE employees and allocated overhead.
Home Lending, an operating unit of Consumer and Business Banking, reflects the result of the origination, sale, and servicing of mortgage loans less referral fees and net interest income for mortgage banking products distributed by the retail branch network and other business segments. Home Lending reported net income of $112 million in the nine-month period of 2022, compared with net income of $80 million in the year-ago period. Net interest income increased $73 million, primarily due to the impact of the TCF acquisition, reduction in prepayment activity and increased retention. The provision for credit losses decreased $44 million, primarily due to general economic improvements whilst still recognizing near-term recessionary risks. Noninterest income decreased $98 million, driven primarily by lower secondary marketing spreads and lower salable volume.
34 Huntington Bancshares Incorporated


Table of Content
Vehicle Finance
Table 25 - Key Performance Indicators for Vehicle Finance
 Nine Months Ended September 30,Change
(dollar amounts in millions)20222021AmountPercent
Net interest income$357 $340 $17 %
Provision (benefit) for credit losses36 (77)113 147 
Noninterest income10 11 
Noninterest expense127 119 
Provision for income taxes43 64 (21)(33)
Net income$161 $243 $(82)(34)%
Number of employees (average full-time equivalent)271 259 12 %
Total average assets$21,255 $19,593 $1,662 
Total average loans/leases21,503 19,836 1,667 
Total average deposits1,266 1,046 220 21 
Net interest margin2.22 %2.29 %(0.07)%(3)
NCOs $$(3)$10 333 
NCOs as a % of average loans and leases0.04 %(0.02)%0.06 %300 
2022 First Nine Months versus 2021 First Nine Months
Vehicle Finance reported net income of $161 million in the nine-month period of 2022, a decrease of $82 million, compared to the year-ago period. Segment net interest income increased $17 million, or 5%, primarily due to an increase in average earning assets, partially offset by a 7 basis point decrease in the net interest margin. The provision for credit losses increased $113 million, primarily due to reserve releases in 2021 as the economic environment was improving, in addition to the risk of a near-term recession as the Federal Reserve raises rates attempting to lower inflation. Noninterest income was relatively unchanged from the year-ago period. Noninterest expense increased $8 million, or 7%, largely attributable to higher production related costs and geographic expansion.

Regional Banking and The Huntington Private Client Group
Table 26 - Key Performance Indicators for Regional Banking and The Huntington Private Client Group
 Nine Months Ended September 30,Change
(dollar amounts in millions)20222021AmountPercent
Net interest income$167 $113 $54 48 %
Provision for credit losses15 13 650 
Noninterest income181 165 16 10 
Noninterest expense241 217 24 11 
Provision for income taxes19 12 58 
Net income$73 $47 $26 55 %
Number of employees (average full-time equivalent)1,107 1,051 56 %
Total average assets$9,088 $7,278 $1,810 25 
Total average loans/leases8,798 6,982 1,816 26 
Total average deposits9,417 7,742 1,675 22 
Net interest margin2.30 %1.90 %0.40 %21 
Total assets under management (in billions)—eop $20.2 $23.9 $(3.7)(16)
Total trust assets (in billions)—eop 138.2 133.6 4.6 
eop - End of Period
2022 3Q Form 10-Q 35


Table of Content
2022 First Nine Months versus 2021 First Nine Months
RBHPCG reported net income of $73 million for the first nine-month period of 2022, an increase of $26 million, or 55%, compared to the year-ago period. Segment net interest income increased $54 million, or 48%, primarily due to an increase in average earnings assets and a 40 basis point increase in net interest margin, largely driven by higher benefit in deposit spreads. Average loans and leases increased $1.8 billion, or 26%, due to growth in both commercial and residential real estate mortgages, and the impact of the June 2021 acquisition of TCF. Average deposits increased $1.7 billion, or 22%, primarily related to the acquired TCF deposit portfolio and higher customer liquidity levels. The provision for credit losses increased $13 million, largely due to loan growth. Noninterest income increased $16 million, or 10%, reflecting higher sales production and the impact of the TCF acquisition. Total assets under management decreased 16% due to equity and bond market declines, partially offset by positive net asset flows. Noninterest expense increased $24 million primarily due to an increase in personnel expense impacted by the TCF acquisition and impacts of strategic initiative investments.
Treasury / Other
The Treasury / Other function includes revenue and expense related to assets, liabilities, derivatives (including the mark-to-market of interest rate caps in the first nine-month period of 2021), and equity not directly assigned or allocated to one of the four business segments. Assets include investment securities and bank owned life insurance.
Net interest income includes the impact of administering our investment securities portfolios, the net impact of derivatives used to hedge interest rate sensitivity as well as the financial impact associated with our FTP methodology, as described above. Noninterest income includes miscellaneous fee income not allocated to other business segments, such as bank owned life insurance income and securities and trading asset gains or losses. Noninterest expense includes certain corporate administrative, acquisition-related expenses, if any, and other miscellaneous expenses not allocated to other business segments. The provision for income taxes for the business segments is calculated at a statutory 21% tax rate, although our overall effective tax rate is lower.
ADDITIONAL DISCLOSURES
Forward-Looking Statements
This report, including MD&A, contains certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements, which are not historical facts and are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.
While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements: changes in general economic, political, or industry conditions; the magnitude and duration of the COVID-19 pandemic and related variants and mutations and their impact on the global economy and financial market conditions and our business, results of operations, and financial condition; uncertainty in U.S. fiscal and monetary policy, including the interest rate policies of the Federal Reserve Board; volatility and disruptions in global capital and credit markets; movements in interest rates; reform of LIBOR; competitive pressures on product pricing and services; success, impact, and timing of our business strategies, including market acceptance of any new products or services including those implementing our “Fair Play” banking philosophy; the nature, extent, timing, and results of governmental actions, examinations, reviews, reforms, regulations, and interpretations, including those related to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III regulatory capital reforms, as well as those involving the OCC, Federal Reserve, FDIC, and CFPB; the possibility that the anticipated benefits of the transaction with TCF are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where Huntington does business; and other factors that may affect the future results of Huntington.
36 Huntington Bancshares Incorporated


Table of Content
All forward-looking statements speak only as of the date they are made and are based on information available at that time. Huntington does not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
Non-GAAP Financial Measures
This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding our results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found herein.
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 an insightful picture of the interest margin for comparison purposes. The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The FTE basis assumes a federal statutory tax rate of 21 percent. We encourage readers to consider the Unaudited Condensed Consolidated Financial Statements and other financial information contained in this Form 10-Q in their entirety, and not to rely on any single financial measure.
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,
Tangible equity to tangible assets, and
Tangible common equity to risk-weighted assets using Basel III definitions.
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 our capitalization to other financial services companies. These ratios differ from capital ratios defined by banking regulators principally in that the numerator excludes goodwill and other intangible assets, 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 are 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, we encourage readers to consider the Unaudited Condensed Consolidated Financial Statements and other financial information contained in this Form 10-Q in their entirety, and not to rely on any single financial measure.
Critical Accounting Policies and Use of Significant Estimates
Our Consolidated Financial Statements are prepared in accordance with GAAP. The preparation of financial statements in conformity with GAAP requires us to establish accounting policies and make estimates that affect amounts reported in our Consolidated Financial Statements. Note 1 of the Notes to Consolidated Financial Statements included in our 2021 Annual Report on Form 10-K, as supplemented by this report including this MD&A, describes the significant accounting policies we used in our Consolidated Financial Statements.
An accounting estimate requires assumptions and judgments about uncertain matters that could have a material effect on the Consolidated Financial Statements. Estimates are made under facts and circumstances at a point in time, and changes in those facts and circumstances could produce results substantially different from those estimates. Our most significant accounting policies and estimates and their related application are discussed in our 2021 Annual Report on Form 10-K, as supplemented by this report including this MD&A.
2022 3Q Form 10-Q 37


Table of Content
Allowance for Credit Losses
Our ACL at September 30, 2022 represents our current estimate of the lifetime credit losses expected from our loan and lease portfolio and our unfunded lending commitments. Management estimates the ACL by projecting probability of default, loss given default and exposure at default conditional on economic parameters, for the remaining contractual term. Internal factors that impact the quarterly allowance estimate include the level of outstanding balances, the portfolio performance and assigned risk ratings.
One of the most significant judgments influencing the ACL estimate is the macroeconomic forecasts. Key external economic parameters that directly impact our loss modeling framework include forecasted footprint unemployment rates and Gross Domestic Product. Changes in the economic forecasts could significantly affect the estimated credit losses, which could potentially lead to materially different allowance levels from one reporting period to the next.
Given the dynamic relationship between macroeconomic variables within our modeling framework, it is difficult to estimate the impact of a change in any one individual variable on the allowance. As a result, management uses a probability-weighted approach that incorporates a baseline, an adverse and a more favorable economic scenario when formulating the quantitative estimate.
However, to illustrate a hypothetical sensitivity analysis, management calculated a quantitative allowance using a 100% weighting applied to an adverse scenario. This scenario includes assumptions around the Russian invasion of Ukraine worsening and lasting longer than the baseline scenario. Import bans on Russian oil lead to additional price increases, causing substantially higher inflation rates that are also exacerbated by the continuing supply chain disruption. The Federal Reserve responds by raising interest rates faster and the economy falls into a recession in the fourth quarter of 2022. Under this scenario, as an example, the unemployment rate increases from baseline levels and remains elevated for a prolonged period, the rate is estimated at 5.8% and 7.8% at the end of 2022 and 2023, respectively. This forecast reflects unemployment rates that are approximately 2.1% and 3.8% higher than baseline scenario projections of 3.7% and 4.0%, respectively, for the same time periods.
To demonstrate the sensitivity to key economic parameters used in the calculation of our ACL at September 30, 2022, management calculated the difference between our quantitative ACL and this 100% adverse scenario. Excluding consideration of qualitative adjustments, this sensitivity analysis would result in a hypothetical increase in our ACL of approximately $900 million at September 30, 2022. This hypothetical increase is reflective of the sensitivity of the rate of change in the unemployment variable on our models.
The resulting difference is not intended to represent an expected increase in allowance levels for a number of reasons including the following:
Management uses a weighted approach applied to multiple economic scenarios for its allowance estimation process;
The highly uncertain economic environment;
The difficulty in predicting the inter-relationships between the economic parameters used in the various economic scenarios; and
The sensitivity estimate does not account for any general reserve components and associated risk profile adjustments incorporated by management as part of its overall allowance framework.
38 Huntington Bancshares Incorporated


Table of Content
We regularly review our ACL for appropriateness by performing on-going evaluations of the loan and lease portfolio. In doing so, we consider factors such as the differing economic risks associated with each loan category, the financial condition of specific borrowers, the level of delinquent loans, the value of any collateral and, where applicable, the existence of any guarantees or other documented support. We also evaluate the impact of changes in key economic parameters and overall economic conditions on the ability of borrowers to meet their financial obligations when quantifying our exposure to credit losses and assessing the appropriateness of our ACL at each reporting date. There is no certainty that our ACL will be appropriate over time to cover losses in our portfolio as economic and market conditions may ultimately differ from our reasonable and supportable forecast. Additionally, events adversely affecting specific customers, industries, or our markets such as geopolitical instability, risks of inflation including a near-term recession, or the emergence of a more contagious and severe COVID-19 variant, could severely impact our current expectations. If the credit quality of our customer base materially deteriorates or the risk profile of a market, industry, or group of customers changes materially, our net income and capital could be materially adversely affected which, in turn could have a material adverse effect on our financial condition and results of operations. The extent to which the geopolitical instability, risks of inflation, and the COVID-19 pandemic will continue to negatively impact our businesses, financial condition, liquidity, and results will depend on future developments, which are highly uncertain and cannot be forecasted with precision at this time. For more information, see Note 5 “Loans and Leases” and Note 6 “Allowance for Credit Losses” of the Notes to Unaudited Condensed Consolidated Financial Statements.
Fair Value Measurement
Certain assets and liabilities are measured at fair value on a recurring basis, including securities, and derivative instruments. Assets and liabilities carried at fair value inherently include subjectivity and may require the use of significant assumptions, adjustments and judgment including, among others, discount rates, rates of return on assets, cash flows, default rates, loss rates, terminal values, and liquidation values. A significant change in assumptions may result in a significant change in fair value, which in turn, may result in a higher degree of financial statement volatility and could result in significant impact on our results of operations, financial condition, or disclosures of fair value information.
The fair value hierarchy requires use of observable inputs first and subsequently unobservable inputs when observable inputs are not available. Our fair value measurements involve various valuation techniques and models, which involve inputs that are observable (Level 1 or Level 2 in fair value hierarchy), when available. The level of judgment required to determine fair value is dependent on the methods or techniques used in the process. Assets and liabilities that are measured at fair value using quoted prices in active markets (Level 1) do not require significant judgment while the valuation of assets and liabilities when quoted market prices are not available (Levels 2 and 3) may require significant judgment to assess whether observable or unobservable inputs for those assets and liabilities provide reasonable determination of fair value. The fair values measured at each level of the fair value hierarchy, additional discussion regarding fair value measurements, and a brief description of how fair value is determined for categories that have unobservable inputs, can be found in Note 13 “Fair Values of Assets and Liabilities” of the Notes to Unaudited Condensed Consolidated Financial Statements.
Goodwill and Other Intangible Assets
The acquisition method of accounting requires that assets and liabilities acquired in a business combination are recorded at fair value as of the acquisition date. The valuation of assets and liabilities often involves estimates based on third party valuations or internal valuations based on discounted cash flow analyses or other valuation techniques, all of which are inherently subjective. This typically results in goodwill, the amount by which the cost of net assets acquired in a business combination exceeds their fair value, which is subject to impairment testing at least annually. The amortization of identified intangible assets recognized in a business combination is based upon the estimated economic benefits to be received over their economic life, which is also subjective. Customer attrition rates that are based on historical experience are used to determine the estimated economic life of certain intangibles assets, including but not limited to, customer deposit intangibles.
2022 3Q Form 10-Q 39


Table of Content
Item 1: Financial Statements
Huntington Bancshares Incorporated
Condensed Consolidated Balance Sheets
(Unaudited)
September 30,December 31,
(dollar amounts in millions)20222021
Assets
Cash and due from banks
$1,685 $1,811 
Interest-bearing deposits at Federal Reserve Bank
2,691 3,711 
Interest-bearing deposits in banks
216 392 
Trading account securities
32 46 
Available-for-sale securities
23,306 28,460 
Held-to-maturity securities
17,173 12,447 
Other securities
818 648 
Loans held for sale (includes $758 and $1,270 respectively, measured at fair value)(1)
893 1,676 
Loans and leases (includes $182 and $171 respectively, measured at fair value)(1)
118,147 111,267 
Allowance for loan and lease losses(2,110)(2,030)
Net loans and leases
116,037 109,237 
Bank owned life insurance
2,768 2,765 
Accrued income and other receivables1,352 1,319 
Premises and equipment
1,171 1,164 
Goodwill
5,571 5,349 
Servicing rights and other intangible assets
715 611 
Other assets
4,974 4,428 
Total assets$179,402 $174,064 
Liabilities and shareholders’ equity
Liabilities
Deposits:
Demand deposits—noninterest-bearing$40,762 $43,236 
Interest-bearing105,551 100,027 
Total deposits146,313 143,263 
Short-term borrowings
426 334 
Long-term debt
10,168 7,108 
Other liabilities
5,324 4,041 
Total liabilities162,231 154,746 
Commitments and Contingent Liabilities (Note 16)
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)
Accumulated other comprehensive income (loss)(3,276)(229)
Retained earnings
3,029 2,202 
Total Huntington Bancshares Inc shareholders’ equity17,136 19,297 
Non-controlling interest35 21 
Total equity17,171 19,318 
Total liabilities and shareholders’ equity$179,402 $174,064 
Common shares authorized (par value of $0.01)
2,250,000,000 2,250,000,000 
Common shares outstanding1,442,734,255 1,437,742,172 
Treasury shares outstanding6,341,958 6,298,288 
Preferred stock, authorized shares6,617,808 6,617,808 
Preferred shares outstanding557,500 557,500 
(1)Amounts represent loans for which Huntington has elected the fair value option. See Note 13 “Fair Values of Assets and Liabilities”.
See Notes to Unaudited Condensed Consolidated Financial Statements
40 Huntington Bancshares Incorporated


Table of Content
Huntington Bancshares Incorporated
Condensed Consolidated Statements of Income
(Unaudited)
Three months ended September 30,Nine months ended September 30,
(dollar amounts in millions, except per share data, share count in thousands)2022202120222021
Interest and fee income:
Loans and leases$1,268 $1,056 $3,350 $2,614 
Available-for-sale securities
Taxable165 68 378 184 
Tax-exempt20 15 52 41 
Held-to-maturity securities—taxable95 47 251 124 
Other securities—taxable7 2 18 6 
Other34 17 66 40 
Total interest income1,589 1,205 4,115 3,009 
Interest expense:
Deposits92 11 128 34 
Short-term borrowings22  36  
Long-term debt71 34 140 5 
Total interest expense185 45 304 39 
Net interest income1,404 1,160 3,811 2,970 
Provision for credit losses106 (62)198 89 
Net interest income after provision for credit losses1,298 1,222 3,613 2,881 
Service charges on deposit accounts 93 114 295 271 
Card and payment processing income96 96 278 241 
Mortgage banking income26 81 119 248 
Trust and investment management services60 61 188 169 
Capital markets fees73 40 169 104 
Insurance income28 25 86 77 
Leasing revenue29 42 91 58 
Bank owned life insurance income13 15 41 47 
Gain on sale of loans15 2 55 8 
Net gains on sales of securities   10 
Other noninterest income65 59 160 141 
Total noninterest income498 535 1,482 1,374 
Personnel costs614 643 1,771 1,703 
Outside data processing and other services145 304 463 581 
Net occupancy63 95 185 209 
Equipment60 79 202 180 
Professional services18 26 56 91 
Marketing24 25 69 54 
Deposit and other insurance expense15 17 53 33 
Amortization of intangibles13 13 40 34 
Lease financing equipment depreciation11 19 36 24 
Other noninterest expense90 68 249 245 
Total noninterest expense1,053 1,289 3,124 3,154 
Income before income taxes743 468 1,971 1,101 
Provision for income taxes146 90 371 206 
Income after income taxes597 378 1,600 895 
Income attributable to non-controlling interest3 1 7 1 
Net income attributable to Huntington Bancshares Inc594 377 1,593 894 
Dividends on preferred shares29 29 85 103 
Impact of preferred stock redemption 15  15 
Net income applicable to common shares$565 $333 $1,508 $776 
Average common shares—basic1,442,591 1,462,736 1,440,740 1,201,763 
Average common shares—diluted1,465,083 1,487,335 1,464,234 1,225,428 
Per common share:
Net income—basic$0.39 $0.23 $1.05 $0.65 
Net income—diluted0.39 0.22 1.03 0.63 
See Notes to Unaudited Condensed Consolidated Financial Statements
2022 3Q Form 10-Q 41


Table of Content
Huntington Bancshares Incorporated
Condensed Consolidated Statements of Comprehensive Income
(Unaudited)
 Three Months Ended
September 30,
Nine Months Ended
September 30,
(dollar amounts in millions)2022202120222021
Net income attributable to Huntington Bancshares Inc$594 $377 $1,593 $894 
Other comprehensive (loss) income, net of tax:
Net unrealized losses on available-for-sale securities(971)(82)(2,970)(220)
Net impact of fair value hedges on available-for-sale securities250  705 29 
Change in fair value related to cash flow hedges(456)(29)(782)(131)
Translation adjustments, net of hedges(4)2 (6)(4)
Change in accumulated unrealized gains for pension and other post-retirement obligations3 3 6 9 
Other comprehensive (loss) income, net of tax(1,178)(106)(3,047)(317)
Comprehensive (loss) income attributable to Huntington Bancshares(584)271 (1,454)577 
Comprehensive income attributed to non-controlling interest3 1 7 1 
Comprehensive (loss) income$(581)$272 $(1,447)$578 
See Notes to Unaudited Condensed Consolidated Financial Statements
42 Huntington Bancshares Incorporated


Table of Content
Huntington Bancshares Incorporated
Condensed Consolidated Statements of Changes in Shareholders’ Equity
(Unaudited)
(dollar amounts in millions, share amounts in thousands)Preferred StockCommon StockCapital SurplusTreasury StockAccumulated Other Comprehensive Income (Loss) Retained EarningsNon-controlling InterestTotal Equity
AmountSharesAmountSharesAmountTotal
Three Months Ended September 30, 2022
Balance, beginning of period$2,167 1,448,885 $14 $15,261 (6,691)$(85)$(2,098)$2,691 $17,950 $29 $17,979 
Net income594 594 3 597 
Other comprehensive income (loss), net of tax(1,178)(1,178)(1,178)
Cash dividends declared:
Common ($0.155 per share)
(227)(227)(227)
Preferred(29)(29)(29)
Recognition of the fair value of share-based compensation19 19 19 
Other share-based compensation activity191 — 2 — 2 2 
Other— 349 5 — 5 3 8 
Balance, end of period$2,167 1,449,076 $14 $15,282 (6,342)$(80)$(3,276)$3,029 $17,136 $35 $17,171 
Three Months Ended September 30, 2021
Balance, beginning of period$2,851 1,484,614 $15 $15,830 (8,056)$(105)$(19)$1,939 $20,511 $20 $20,531 
Net income377 377 1 378 
Other comprehensive income (loss), net of tax(106)(106)(106)
Redemption of Preferred Series D Stock(585)(15)(600)(600)
Repurchases of common stock(33,409)— (500)(500)(500)
Cash dividends declared:
Common ($0.15 per share)
(221)(221)(221)
Preferred(29)(29)(29)
Recognition of the fair value of share-based compensation32 32 32 
Other share-based compensation activity1,562 — (12)— (12)(12)
Other1— 1,750 26  27 (1)26 
Balance, end of period$2,267 1,452,767 $15 $15,350 (6,306)$(79)$(125)$2,051 $19,479 $20 $19,499 

See Notes to Unaudited Condensed Consolidated Financial Statements
2022 3Q Form 10-Q 43


Table of Content
       
(dollar amounts in millions, share amounts in thousands)Preferred StockCommon StockCapital SurplusTreasury StockAccumulated Other Comprehensive Gain (Loss) Retained EarningsNon-controlling InterestTotal Equity
AmountSharesAmountSharesAmountTotal
Nine Months Ended September 30, 2022
Balance, beginning of period$2,167 1,444,040 $14 $15,222 (6,298)$(79)$(229)$2,202 $19,297 $21 $19,318 
Net income1,593 1,593 7 1,600 
Other comprehensive income (loss), net of tax(3,047)(3,047)(3,047)
Cash dividends declared:
Common ($0.465 per share)
(681)(681)(681)
Preferred(85)(85)(85)
Recognition of the fair value of share-based compensation82 82 82 
Other share-based compensation activity5,036  (22) (22)(22)
Other (44)(1)  (1)7 6 
Balance, end of period$2,167 1,449,076 $14 $15,282 (6,342)$(80)$(3,276)$3,029 $17,136 $35 $17,171 
Nine Months Ended September 30, 2021
Balance, beginning of period$2,191 1,022,258 $10 $8,781 (5,062)$(59)$192 $1,878 $12,993 $ $12,993 
Net income894 894 1 895 
Other comprehensive income (loss), net of tax(317)(317)(317)
TCF Financial Corp acquisition:
Issuance of common stock458,171 5 6,993 (37)6,961 6,961 
Issuance of Series I preferred stock175 10 185 185 
Non-controlling interest acquired— 22 22 
Net proceeds from issuance of preferred stock486 486 486 
Redemption of Preferred Series D stock(585)(15)(600)(600)
Repurchases of common stock(33,409) (500)(500)(500)
Cash dividends declared:
Common ($0.45 per share)
(601)(601)(601)
Preferred(103)(103)(103)
Recognition of the fair value of share-based compensation97 97 97 
Other share-based compensation activity5,747  (31) (31)(31)
Other— (1,244)17 (2)15 (3)12 
Balance, end of period$2,267 1,452,767 $15 $15,350 (6,306)$(79)$(125)$2,051 $19,479 $20 $19,499 
See Notes to Unaudited Condensed Consolidated Financial Statements
44 Huntington Bancshares Incorporated


Table of Content
Huntington Bancshares Incorporated
Condensed Consolidated Statements of Cash Flows
(Unaudited)
 Nine Months Ended September 30,
(dollar amounts in millions)20222021
Operating activities
Net income$1,600 $895 
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses198 89 
Depreciation and amortization355 299 
Share-based compensation expense82 97 
Deferred income tax expense164 40 
Net change in:
Trading account securities15 (15)
Loans held for sale464 (115)
Other assets(1,109)(247)
Other liabilities893 455 
Other, net8 67 
Net cash provided by operating activities2,670 1,565 
Investing activities
Change in interest bearing deposits in banks287 611 
Net cash (paid) received from business combinations(223)466 
Proceeds from:
Maturities and calls of available-for-sale securities3,298 5,408 
Maturities and calls of held-to-maturity securities2,306 3,073 
Maturities and calls of other securities829  
Sales of available-for-sale securities 5,860 
Purchases of available-for-sale securities(6,365)(14,995)
Purchases of held-to-maturity securities(2,845)(3,685)
Purchases of other securities(1,009) 
Net proceeds from sales of portfolio loans and leases937 479 
Principal payments received under direct finance and sales-type leases1,389 899 
Net loan and lease activity, excluding sales and purchases(8,375)5,130 
Purchases of premises and equipment(165)(157)
Purchases of loans and leases(569)(771)
Net accrued income and other receivables activity96 (1,009)
Net cash paid for branch disposition (618)
Other, net63 98 
Net cash provided by (used in) investing activities(10,346)789 
Financing activities
Increase in deposits3,050 5,136 
Increase (decrease) in short-term borrowings783 (1,062)
Net proceeds from issuance of long-term debt5,379 646 
Maturity/redemption of long-term debt(1,902)(2,649)
Dividends paid on preferred stock(84)(109)
Dividends paid on common stock(673)(531)
Repurchases of common stock (500)
Payment to repurchase preferred stock (600)
Net proceeds from issuance of preferred stock 486 
Other, net(23)(21)
Net cash provided by financing activities6,530 796 
Increase (decrease) in cash and cash equivalents(1,146)3,150 
Cash and cash equivalents at beginning of period5,522 6,595 
Cash and cash equivalents at end of period$4,376 $9,745 
2022 3Q Form 10-Q 45


Table of Content
 Nine Months Ended September 30,
(dollar amounts in millions)20222021
Supplemental disclosures:
Interest paid$269 $135 
Income taxes (received) paid(113)262 
Non-cash activities
Loans transferred to held-for-sale from portfolio764 385
Loans transferred to portfolio from held-for-sale65 83
Transfer of securities from available-for-sale to held-to-maturity 4,225 3,007 
Business Combination (1)
(1)     In the nine months ended September 30, 2021, the TCF acquisition included fair value of tangible assets acquired of $46.3 billion, goodwill and other intangible assets of $3.5 billion, liabilities assumed $42.6 billion, preferred stock of $185 million, and common stock of $7.0 billion.

See Notes to Unaudited Condensed Consolidated Financial Statements


46 Huntington Bancshares Incorporated


Table of Content
Huntington Bancshares Incorporated
Notes to Unaudited Condensed Consolidated Financial Statements
1. BASIS OF PRESENTATION
The accompanying Unaudited Condensed Consolidated Financial Statements of Huntington reflect all adjustments consisting of normal recurring accruals which are, in the opinion of management, necessary for a fair statement of the consolidated financial position, the results of operations, and cash flows for the periods presented. These Unaudited Condensed Consolidated Financial Statements have been prepared according to the rules and regulations of the SEC and, therefore, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted. The Notes to Consolidated Financial Statements appearing in Huntington’s 2021 Annual Report on Form 10-K, which include descriptions of significant accounting policies, as updated by the information contained in this report, should be read in conjunction with these interim financial statements.
For statement of cash flow purposes, cash and cash equivalents are defined as the sum of cash and due from banks and interest-bearing deposits at Federal Reserve Bank.
Certain prior period amounts have been reclassified to conform to current year’s presentation.
Effective in the 2022 first quarter, a new classification within the Unaudited Condensed Consolidated Balance Sheet of accrued income and other receivables was established comprised of activity that was previously classified as loans and leases (other consumer loans and leases) and other assets. All prior period amounts and all related metrics have been revised to conform to the current presentation.
In conjunction with applicable accounting standards, all material subsequent events have been either recognized in the Unaudited Condensed Consolidated Financial Statements or disclosed in the Notes to Unaudited Condensed Consolidated Financial Statements. There were no material subsequent events to disclose for the current period.
2. ACCOUNTING STANDARDS UPDATE
Accounting standards adopted in the current period
StandardSummary of guidanceEffects on financial Statements
ASU 2021-08-Business Combinations (Topic 805) Issued October 2021
The amendments in this update require that an acquirer apply topic 606 to the recognition and measurement of revenue contract assets and liabilities acquired in a business combination.
Management adopted the guidance during the second quarter 2022.
The ASU has been applied to all business combinations occurring during 2022 and will be applied prospectively to all future business combinations.
The adoption did not result in a material impact on Huntington’s Unaudited Condensed Consolidated Financial Statements.
ASU 2022-01-Derivatives and Hedging (Topic 815): Fair Value Hedging - Portfolio Layer Method Issued March 2022
The amendments in this update expand the current last-of-layer method to allow for multiple hedge layers in a single closed portfolio. To reflect the expansion, the last-of-layer method has been renamed the portfolio layer method. The standard also expands the scope of the portfolio layer method to nonprepayable financial assets.
Management early adopted the guidance during the second quarter of 2022 using the modified retrospective basis. There was no impact to Huntington’s Unaudited Condensed Consolidated Financial Statements as a result of the adoption. Amendments related to disclosures were applied prospectively from the initial adoption date.
The ASU also gives entities the option to reclassify debt securities classified in the held-to-maturity category at the date of adoption to the available-for-sale category if the entity applies the portfolio layer method hedging to one or more closed portfolios that include those debt securities, Huntington did not apply this option to any held-to-maturity securities.
2022 3Q Form 10-Q 47


Table of Content
Accounting standards yet to be adopted
StandardSummary of guidanceEffects on financial statements
ASU 2022-02- Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures Issued March 2022
The amendments in this update eliminate TDR accounting for entities that have adopted Update 2016-13, while enhancing disclosure requirements for certain loan modifications when a borrower is experiencing financial difficulty. The ASU also requires disclosure of current period gross write-offs by year of origination for financing receivables and net investment in leases.
Effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years.
Adoption of the ASU will be applied prospectively, except for the portion of the standard related to the recognition and measurement of TDRs an entity may elect to use a modified retrospective transition method with a cumulative effect adjustment to retained earnings at the beginning of the period of adoption. The ASU does allow for early adoption.
Huntington is currently evaluating the impact of the ASU on its Consolidated Financial Statements, as well as which adoption method to apply. Huntington does not currently intend to adopt the ASU prior to the effective date.
3. BUSINESS COMBINATIONS

On June 15, 2022, Huntington acquired Capstone Partners, a leading middle market investment bank and advisory firm dedicated to servicing middle market companies throughout their full business lifecycle. The acquisition resulted in $192 million of goodwill, allocated to the Commercial segment, which approximates total consideration. Fair value estimates related to the acquired assets and liabilities are subject to adjustment during the one-year measurement period following the closing of the acquisition. The goodwill recognized is deductible for tax purposes.


48 Huntington Bancshares Incorporated


Table of Content
4. INVESTMENT SECURITIES AND OTHER SECURITIES
Debt securities purchased in which Huntington has the intent and ability to hold to their maturity are classified as held-to-maturity securities. All other debt and equity securities are classified as either available-for-sale or other securities.
The following tables provide amortized cost, fair value, and gross unrealized gains and losses by investment category at September 30, 2022 and December 31, 2021:
Unrealized
(dollar amounts in millions)
Amortized
Cost (1)(2)
Gross
Gains
Gross
Losses
Fair Value
September 30, 2022
Available-for-sale securities:
U.S. Treasury$5 $ $ $5 
Federal agencies:
Residential CMO3,417  (382)3,035 
Residential MBS14,269  (2,286)11,983 
Commercial MBS2,581  (543)2,038 
Other agencies199  (9)190 
Total U.S. Treasury, federal agency, and other agency securities
20,471  (3,220)17,251 
Municipal securities3,626 1 (251)3,376 
Private-label CMO151 1 (10)142 
Asset-backed securities414 1 (44)371 
Corporate debt2,464 140 (442)2,162 
Other securities/Sovereign debt4   4 
Total available-for-sale securities$27,130 $143 $(3,967)$23,306 
Held-to-maturity securities:
Federal agencies:
Residential CMO$4,757 $ $(667)$4,090 
Residential MBS10,517  (1,474)9,043 
Commercial MBS1,756  (188)1,568 
Other agencies141  (9)132 
Total federal agency and other agency securities17,171  (2,338)14,833 
Municipal securities2   2 
Total held-to-maturity securities$17,173 $ $(2,338)$14,835 
Other securities, at cost:
Non-marketable equity securities:
Federal Home Loan Bank stock$245 $ $ $245 
Federal Reserve Bank stock515   515 
Equity securities8   8 
Other securities, at fair value:
Mutual funds47   47 
Equity securities2 1  3 
Total other securities$817 $1 $ $818 
(1)Amortized cost amounts exclude accrued interest receivable, which is recorded within accrued income and other receivables on the Consolidated Balance Sheets. At September 30, 2022, accrued interest receivable on available-for-sale securities and held-to-maturity securities totaled $71 million and $38 million, respectively.
(2)Excluded from the amortized cost are portfolio level basis adjustments for securities designated in fair value hedges under the portfolio layer method. The basis adjustments totaled $892 million and represent a reduction to the amortized cost of the securities being hedged. The securities being hedged under the portfolio layer method are primarily Residential CMO and Residential MBS securities.
2022 3Q Form 10-Q 49


Table of Content

Unrealized
(dollar amounts in millions)Amortized
Cost (1)
Gross
Gains
Gross
Losses
Fair Value
December 31, 2021
Available-for-sale securities:
U.S. Treasury$5 $ $ $5 
Federal agencies:
Residential CMO4,649 40 (40)4,649 
Residential MBS15,533 135 (160)15,508 
Commercial MBS1,896 7 (38)1,865 
Other agencies248 1 (1)248 
Total U.S. Treasury, federal agency, and other agency securities22,331 183 (239)22,275 
Municipal securities3,497 62 (33)3,526 
Private-label CMO106 1 (1)106 
Asset-backed securities385 1 (4)382 
Corporate debt2,183 22 (38)2,167 
Other securities/Sovereign debt4   4 
Total available-for-sale securities$28,506 $269 $(315)$28,460 
Held-to-maturity securities:
Federal agencies:
Residential CMO$2,602 $35 $(20)$2,617 
Residential MBS7,475 41 (59)7,457 
Commercial MBS2,175 45 (5)2,215 
Other agencies193 5  198 
Total federal agency and other agency securities12,445 126 (84)12,487 
Municipal securities2   2 
Total held-to-maturity securities$12,447 $126 $(84)$12,489 
Other securities, at cost:
Non-marketable equity securities:
Federal Home Loan Bank stock$52 $ $ $52 
Federal Reserve Bank stock512   512 
Equity securities12   12 
Other securities, at fair value:
Mutual funds65   65 
Equity securities6 1  7 
Total other securities$647 $1 $ $648 
(1)Amortized cost amounts exclude accrued interest receivable, which is recorded within accrued income and other receivables on the Consolidated Balance Sheets. At December 31, 2021, accrued interest receivable on available-for-sale securities and held-to-maturity securities totaled $62 million and $26 million, respectively.
50 Huntington Bancshares Incorporated


Table of Content
The following table provides the amortized cost and fair value of securities by contractual maturity at September 30, 2022 and December 31, 2021. Expected maturities may differ from contractual maturities as issuers may have the right to call or prepay obligations with or without incurring penalties.
September 30, 2022December 31, 2021
(dollar amounts in millions)
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
Available-for-sale securities:
Under 1 year$462 $448 $377 $374 
After 1 year through 5 years2,566 2,367 1,888 1,880 
After 5 years through 10 years3,059 2,735 3,166 3,180 
After 10 years21,043 17,756 23,075 23,026 
Total available-for-sale securities$27,130 $23,306 $28,506 $28,460 
Held-to-maturity securities:
Under 1 year$1 $1 $2 $2 
After 1 year through 5 years98 94 162 164 
After 5 years through 10 years57 53 44 45 
After 10 years17,017 14,687 12,239 12,278 
Total held-to-maturity securities$17,173 $14,835 $12,447 $12,489 
The following tables provide detail on investment securities with unrealized losses aggregated by investment category and the length of time the individual securities have been in a continuous loss position at September 30, 2022 and December 31, 2021:
Less than 12 MonthsOver 12 MonthsTotal
(dollar amounts in millions)Fair
Value
Gross Unrealized
Losses
Fair
Value
Gross Unrealized
Losses
Fair
Value
Gross Unrealized
Losses
September 30, 2022
Available-for-sale securities:
Federal agencies:
Residential CMO$2,330 $(220)$705 $(162)$3,035 $(382)
Residential MBS5,580 (921)6,402 (1,365)11,982 (2,286)
Commercial MBS1,462 (324)576 (219)2,038 (543)
Other agencies28 (1)52 (8)80 (9)
Total federal agency and other agency securities9,400 (1,466)7,735 (1,754)17,135 (3,220)
Municipal securities2,863 (226)401 (25)3,264 (251)
Private-label CMO94(8)20 (2)114(10)
Asset-backed securities240 (20)131 (24)371 (44)
Corporate debt1,240 (229)920 (213)2,160 (442)
Total temporarily impaired available-for-sale securities$13,837 $(1,949)$9,207 $(2,018)$23,044 $(3,967)
Held-to-maturity securities:
Federal agencies:
Residential CMO$3,279 $(510)$811 $(157)$4,090 $(667)
Residential MBS5,851 (811)3,174 (663)9,025 (1,474)
Commercial MBS1,360 (151)207 (37)1,567 (188)
Other agencies132 (9)  132 (9)
Total federal agency and other agency securities10,622 (1,481)4,192 (857)14,814 (2,338)
Total temporarily impaired held-to-maturity securities$10,622 $(1,481)$4,192 $(857)$14,814 $(2,338)
2022 3Q Form 10-Q 51


Table of Content
Less than 12 MonthsOver 12 MonthsTotal
(dollar amounts in millions)Fair
Value
Gross Unrealized
Losses
Fair
Value
Gross Unrealized
Losses
Fair
Value
Gross Unrealized
Losses
December 31, 2021
Available-for-sale securities:
Federal agencies:
Residential CMO$2,925 $(40)$ $ $2,925 $(40)
Residential MBS13,491 (160)  13,491 (160)
Commercial MBS1,251 (38)  1,251 (38)
Other agencies140 (1)  140 (1)
Total federal agency and other agency securities17,807 (239)  17,807 (239)
Municipal securities859 (22)319 (11)1,178 (33)
Private-label CMO78 (1)  78 (1)
Asset-backed securities237 (4)  237 (4)
Corporate debt1,766 (38)  1,766 (38)
Total temporarily impaired available-for-sale securities$20,747 $(304)$319 $(11)$21,066 $(315)
Held-to-maturity securities:
Federal agencies:
Residential CMO$1,453 $(20)$ $ $1,453 $(20)
Residential MBS5,837 (59)  5,837 (59)
Commercial MBS318 (5)  318 (5)
Total federal agency and other agency securities7,608 (84)  7,608 (84)
Total temporarily impaired held-to-maturity securities$7,608 $(84)$ $ $7,608 $(84)
During the 2022 first quarter, Huntington transferred $4.2 billion of securities from the AFS portfolio to the HTM portfolio. At the time of the transfer, AOCI included $58 million of net unrealized losses (after-tax) attributed to these securities. This loss will be amortized into interest income over the remaining life of the securities.
At September 30, 2022 and December 31, 2021, the carrying value of investment securities pledged: (i) to secure public and trust deposits, trading account liabilities, U.S. Treasury demand notes, and security repurchase agreements, and (ii) to support borrowing capacity, totaled $28.0 billion and $21.7 billion, respectively. There were no securities of a single issuer, which were not governmental or government-sponsored, that exceeded 10% of shareholders’ equity at either September 30, 2022 or December 31, 2021. At September 30, 2022, all HTM debt securities are considered AAA rated. In addition, there were no HTM debt securities considered past due at September 30, 2022.
Based on an evaluation of available information including security type, counterparty credit quality, past events, current conditions, and reasonable and supportable forecasts that are relevant to collectability of cash flows, as of September 30, 2022, Huntington has concluded that except for one municipal bond classified as an AFS debt security for which a charge-off of $4 million was recognized during the 2022 first quarter, it expects to receive all contractual cash flows from each security held in its AFS and HTM debt securities portfolio. There was no allowance related to investment securities as of September 30, 2022 or December 31, 2021.
52 Huntington Bancshares Incorporated


Table of Content
5. LOANS AND LEASES
The following table provides a detailed listing of Huntington’s loan and lease portfolio at September 30, 2022 and December 31, 2021.
(dollar amounts in millions)September 30, 2022December 31, 2021
Commercial loan and lease portfolio:
Commercial and industrial$44,144 $41,688 
Commercial real estate16,456 14,961 
Lease financing5,093 5,000 
Total commercial loan and lease portfolio65,693 61,649 
Consumer loan portfolio:
Residential mortgage21,816 19,256 
Automobile13,430 13,434 
Home equity10,440 10,550 
RV and marine5,436 5,058 
Other consumer1,332 1,320 
Total consumer loan portfolio52,454 49,618 
Total loans and leases (1)(2)118,147 111,267 
Allowance for loan and lease losses(2,110)(2,030)
Net loans and leases$116,037 $109,237 
(1)Loans and leases are reported at principal amount outstanding including unamortized purchase premiums and discounts, unearned income, and net direct fees and costs associated with originating and acquiring loans and leases. The aggregate amount of these loan and lease adjustments was a net discount of $42 million and $111 million at September 30, 2022 and December 31, 2021, respectively.
(2)The total amount of accrued interest recorded for these loans and leases at September 30, 2022, was $190 million and $167 million of commercial and consumer loan and lease portfolios, respectively, and at December 31, 2021, was $148 million and $150 million of commercial and consumer loan and lease portfolios, respectively. Accrued interest is presented in accrued income and other receivables within the Condensed Consolidated Balance Sheets.
Lease Financing
Huntington leases equipment to customers, and substantially all such arrangements are classified as either sales-type or direct financing leases, which are included in commercial loans and leases. These leases are reported at the aggregate of lease payments receivable and estimated residual values, net of unearned and deferred income, and any initial direct costs incurred to originate these leases.
Huntington assesses net investments in leases (including residual values) for impairment and recognizes any impairment losses in accordance with the impairment guidance for financial instruments. As such, net investments in leases may be reduced by an ACL, with changes recognized as provision expense.
The following table presents net investments in lease financing receivables by category at September 30, 2022 and December 31, 2021.
(dollar amounts in millions)September 30,
2022
December 31,
2021
Lease payments receivable$4,740 $4,620 
Estimated residual value of leased assets769 774 
Gross investment in lease financing receivables5,509 5,394 
Deferred origination costs42 36 
Deferred fees, unearned income and other(458)(430)
Total lease financing receivables$5,093 $5,000 
The carrying value of residual values guaranteed was $454 million and $473 million as of September 30, 2022 and December 31, 2021, respectively. The future lease rental payments due from customers on sales-type and direct financing leases at September 30, 2022, totaled $4.7 billion and were due as follows: $838 million in 2022, $820 million in 2023, $815 million in 2024, $733 million in 2025, $688 million in 2026, and $846 million thereafter. Interest income recognized for these types of leases was $41 million and $73 million for the three-month periods ended September 30, 2022 and 2021, respectively. For the nine-month periods ended September 30, 2022 and 2021, interest income recognized for these types of leases was $117 million and $154 million.
2022 3Q Form 10-Q 53


Table of Content
Nonaccrual and Past Due Loans and Leases
The following table presents NALs by class at September 30, 2022 and December 31, 2021:
September 30, 2022December 31, 2021
(dollar amounts in millions)Nonaccrual loans and leases with no ACLTotal nonaccrual loans and leasesNonaccrual loans and leases with no ACLTotal nonaccrual loans and leases
Commercial and industrial$73 $288 $81 $370 
Commercial real estate85 110 80 104 
Lease financing7 30 3 48 
Residential mortgage 94  111 
Automobile 4  3 
Home equity 75  79 
RV and marine 1  1 
Total nonaccrual loans and leases$165 $602 $164 $716 
The following table presents an aging analysis of loans and leases, by class at September 30, 2022 and December 31, 2021:
September 30, 2022
Past Due (1) Loans Accounted for Under FVOTotal Loans
and Leases
90 or
more days
past due
and accruing
(dollar amounts in millions)30-59
 Days
60-89
 Days
90 or 
more days
TotalCurrent
Commercial and industrial$92 $49 $117 $258 $43,886 $ $44,144 $29 (2)
Commercial real estate24 4 32 60 16,396  16,456  
Lease financing57 45 21 123 4,970  5,093 18 (3)
Residential mortgage196 65 203 464 21,171 181 21,816 153 (4)
Automobile72 18 9 99 13,331  13,430 6 
Home equity47 21 61 129 10,310 1 10,440 12 
RV and marine12 4 2 18 5,418  5,436 2 
Other consumer13 3 3 19 1,313  1,332 3 
Total loans and leases$513 $209 $448 $1,170 $116,795 $182 $118,147 $223 
December 31, 2021
Past Due (1) Loans Accounted for Under FVOTotal Loans
and Leases
90 or
more days
past due
and accruing
(dollar amounts in millions)30-59
 Days
60-89
 Days
90 or more daysTotalCurrent
Commercial and industrial$72 $69 $107 $248 $41,440 $ $41,688 $13 (2)
Commercial real estate9 1 9 19 14,942  14,961  
Lease financing39 13 17 69 4,931  5,000 11 (3)
Residential mortgage151 49 233 433 18,653 170 19,256 157 (4)
Automobile79 18 8 105 13,329  13,434 6 
Home equity48 35 76 159 10,390 1 10,550 17 
RV and marine14 4 3 21 5,037  5,058 3 
Other consumer13 2 3 18 1,302  1,320 3 
Total loans and leases$425 $191 $456 $1,072 $110,024 $171 $111,267 $210 
(1)NALs are included in this aging analysis based on the loan’s past due status.
(2)Amounts include PPP (SBA guaranteed) and other SBA loans and leases.
(3)Amounts include Huntington Technology Finance administrative lease delinquencies.
(4)Amounts include mortgage loans insured by U.S. government agencies.

54 Huntington Bancshares Incorporated


Table of Content
Credit Quality Indicators
See Note 5 “Loans/Leases” to the Consolidated Financial Statements appearing in Huntington’s 2021 Annual Report on Form 10-K for a description of the credit quality indicators Huntington utilizes for monitoring credit quality and for determining an appropriate ACL level.
To facilitate the monitoring of credit quality for commercial loans, and for purposes of determining an appropriate ACL level for these loans, Huntington utilizes the following internally defined categories of credit grades:
Pass - Higher quality loans that do not fit any of the other categories described below.
OLEM - The credit risk may be relatively minor yet represents a risk given certain specific circumstances. If the potential weaknesses are not monitored or mitigated, the loan may weaken or the collateral may be inadequate to protect Huntington’s position in the future. For these reasons, Huntington considers the loans to be potential problem loans.
Substandard - Inadequately protected loans resulting from the borrower’s ability to repay, equity, and/or the collateral pledged to secure the loan. These loans have identified weaknesses that could hinder normal repayment or collection of the debt. It is likely Huntington will sustain some loss if any identified weaknesses are not mitigated.
Doubtful - Loans that have all of the weaknesses inherent in those loans classified as Substandard, with the added elements of the full collection of the loan is improbable and that the possibility of loss is high.
Loans are generally assigned a category of “Pass” rating upon initial approval and subsequently updated as appropriate based on the borrower’s financial performance.
Commercial loans categorized as OLEM, Substandard, or Doubtful are considered Criticized loans. Commercial loans categorized as Substandard or Doubtful are both considered Classified loans.
For all classes within the consumer loan portfolios, loans are assigned pool level PD factors based on the FICO range within which the borrower’s credit bureau score falls. A credit bureau score is a credit score developed by FICO based on data provided by the credit bureaus. The credit bureau score is widely accepted as the standard measure of consumer credit risk used by lenders, regulators, rating agencies, and consumers. The higher the credit bureau score, the higher likelihood of repayment and therefore, an indicator of higher credit quality.
Huntington assesses the risk in the loan portfolio by utilizing numerous risk characteristics. The classifications described above, and also presented in the table below, represent one of those characteristics that are closely monitored in the overall credit risk management processes.
2022 3Q Form 10-Q 55


Table of Content
The following tables present the amortized cost basis of loans and leases by vintage and credit quality indicator at September 30, 2022 and December 31, 2021 respectively:
As of September 30, 2022
Term Loans Amortized Cost Basis by Origination YearRevolver Total at Amortized Cost BasisRevolver Total Converted to Term Loans
(dollar amounts in millions)20222021202020192018PriorTotal
Commercial and industrial
Credit Quality Indicator (1):
Pass$13,212 $7,720 $3,808 $2,328 $1,228 $1,314 $11,998 $4 $41,612 
OLEM128 204 130 43 61 39 139  744 
Substandard227 199 194 244 155 277 491  1,787 
Doubtful     1   1 
Total Commercial and industrial$13,567 $8,123 $4,132 $2,615 $1,444 $1,631 $12,628 $4 $44,144 
Commercial real estate
Credit Quality Indicator (1):
Pass$4,638 $3,544 $1,821 $1,892 $1,075 $1,186 $1,325 $ $15,481 
OLEM44 26 4 11 12 39   136 
Substandard195 126 121 128 129 137 3  839 
Total Commercial real estate$4,877 $3,696 $1,946 $2,031 $1,216 $1,362 $1,328 $ $16,456 
Lease financing
Credit Quality Indicator (1):
Pass$1,391 $1,424 $1,069 $546 $229 $177 $ $ $4,836 
OLEM25 14 32 6 7 4   88 
Substandard37 25 56 28 9 14   169 
Total Lease financing$1,453 $1,463 $1,157 $580 $245 $195 $ $ $5,093 
Residential mortgage
Credit Quality Indicator (2):
750+$2,993 $6,251 $3,611 $864 $485 $2,165 $ $ $16,369 
650-7491,260 1,308 670 235 146 814   4,433 
<65029 60 60 90 94 500   833 
Total Residential mortgage
$4,282 $7,619 $4,341 $1,189 $725 $3,479 $ $ $21,635 
Automobile
Credit Quality Indicator (2):
750+$2,358 $2,366 $1,381 $898 $362 $154 $ $ $7,519 
650-7491,641 1,733 785 436 205 77   4,877 
<650231 364 186 128 79 46   1,034 
Total Automobile
$4,230 $4,463 $2,352 $1,462 $646 $277 $ $ $13,430 
Home equity
Credit Quality Indicator (2):
750+$359 $588 $633 $25 $23 $323 $4,891 $265 $7,107 
650-749104 95 69 10 8 130 2,124 269 2,809 
<6502 3 3 2 2 55 324 132 523 
Total Home equity$465 $686 $705 $37 $33 $508 $7,339 $666 $10,439 
RV and marine
Credit Quality Indicator (2):
750+$1,059 $1,070 $764 $379 $373 $465 $ $ $4,110 
650-749247 335 213 126 122 180   1,223 
<6503 16 14 16 16 38   103 
Total RV and marine$1,309 $1,421 $991 $521 $511 $683 $ $ $5,436 
Other consumer
Credit Quality Indicator (2):
750+$202 $71 $39 $40 $15 $55 $360 $3 $785 
650-74957 34 14 18 4 16 330 18 491 
<6502 3 2 3 1 2 30 13 56 
Total Other consumer$261 $108 $55 $61 $20 $73 $720 $34 $1,332 
(1)Consistent with the credit quality disclosures, indicators for the Commercial portfolio are based on internally defined categories of credit grades which are generally refreshed at least semi-annually.
(2)Consistent with the credit quality disclosures, indicators for the Consumer portfolio are based on updated customer credit scores refreshed at least quarterly.
56 Huntington Bancshares Incorporated


Table of Content
As of December 31, 2021
Term Loans Amortized Cost Basis by Origination YearRevolver Total at Amortized Cost BasisRevolver Total Converted to Term Loans
(dollar amounts in millions)20212020201920182017PriorTotal
Commercial and industrial
Credit Quality Indicator (1):
Pass$15,435 $5,677 $3,682 $1,983 $1,080 $1,134 $9,945 $3 $38,939 
OLEM183 178 87 83 38 73 166  808 
Substandard336 203 344 206 125 167 552  1,933 
Doubtful5 1 1 1     8 
Total Commercial and industrial$15,959 $6,059 $4,114 $2,273 $1,243 $1,374 $10,663 $3 $41,688 
Commercial real estate
Credit Quality Indicator (1):
Pass$4,144 $2,367 $2,593 $1,456 $761 $1,124 $798 $ $13,243 
OLEM76 48 42 83 73 19   341 
Substandard224 362 448 115 151 46 30  1,376 
Doubtful   1     1 
Total Commercial real estate$4,444 $2,777 $3,083 $1,655 $985 $1,189 $828 $ $14,961 
Lease financing
Credit Quality Indicator (1):
Pass$1,851 $1,441 $809 $417 $226 $131 $ $ $4,875 
OLEM8 32 12 4 2    58 
Substandard6 23 19 2 9 8   67 
Total Lease financing$1,865 $1,496 $840 $423 $237 $139 $ $ $5,000 
Residential mortgage
Credit Quality Indicator (2):
750+$5,532 $3,857 $978 $554 $687 $1,704 $ $ $13,312 
650-7491,862 993 409 269 254 1,028   4,815 
<65048 56 104 120 99 532   959 
Total Residential mortgage$7,442 $4,906 $1,491 $943 $1,040 $3,264 $ $ $19,086 
Automobile
Credit Quality Indicator (2):
750+$2,993 $1,927 $1,381 $666 $345 $129 $ $ $7,441 
650-7492,393 1,237 736 380 168 55   4,969 
<650380 234 178 128 70 34   1,024 
Total Automobile$5,766 $3,398 $2,295 $1,174 $583 $218 $ $ $13,434 
Home equity
Credit Quality Indicator (2):
750+$645 $701 $32 $31 $34 $387 $4,772 $272 $6,874 
650-749129 94 15 13 13 161 2,324 324 3,073 
<6503 2 2 1 1 67 361 165 602 
Total Home equity$777 $797 $49 $45 $48 $615 $7,457 $761 $10,549 
RV and marine
Credit Quality Indicator (2):
750+$1,257 $933 $470 $468 $268 $319 $ $ $3,715 
650-749393 273 171 157 106 150   1,250 
<6506 11 13 18 18 27   93 
Total RV and marine$1,656 $1,217 $654 $643 $392 $496 $ $ $5,058 
Other consumer
Credit Quality Indicator (2):
750+$211 $34 $50 $13 $10 $27 $326 $3 $674 
650-74988 52 50 23 17 41 295 24 590 
<6502 2 5 2  1 27 17 56 
Total Other consumer$301 $88 $105 $38 $27 $69 $648 $44 $1,320 
(1)Consistent with the credit quality disclosures, indicators for the Commercial portfolio are based on internally defined categories of credit grades which are generally refreshed at least semi-annually.
(2)Consistent with the credit quality disclosures, indicators for the Consumer portfolio are based on updated customer credit scores refreshed at least quarterly.


2022 3Q Form 10-Q 57


Table of Content
TDR Loans
TDRs are modified loans where a concession was provided to a borrower experiencing financial difficulties. Loan modifications are considered TDRs when the concessions provided would not otherwise be considered. However, not all loan modifications are TDRs. See Note 5 “Loans / Leases” to the Consolidated Financial Statements appearing in Huntington’s 2021 Annual Report on Form 10-K for an additional discussion of TDRs.
The following table presents, by class and modification type, the number of contracts, post-modification outstanding balance, and the financial effects of the modification for the three-month and nine-month periods ended September 30, 2022 and 2021.
New Troubled Debt Restructurings (1)
Three Months Ended September 30, 2022
Number of
Contracts
Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial81 $39 $22 $ $13 $74 
Commercial real estate7 5 10   15 
Residential mortgage184  25 1  26 
Automobile697  6 1  7 
Home equity54  1   1 
RV and marine31  1 1  2 
Other consumer38      
Total new TDRs1,092 $44 $65 $3 $13 $125 
Three Months Ended September 30, 2021
Number of
Contracts
Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial16 $ $3 $ $ $3 
Commercial real estate4      
Residential mortgage74  7 2  9 
Automobile498  3 1  4 
Home equity42  1 1  2 
RV and marine19      
Other consumer49      
Total new TDRs702 $ $14 $4 $ $18 
58 Huntington Bancshares Incorporated


Table of Content
New Troubled Debt Restructurings (1)
Nine Months Ended September 30, 2022
Number of
Contracts
Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial222 $69 $37 $ $14 $120 
Commercial real estate12 42 10   52 
Residential mortgage629  85 5  90 
Automobile1,791  13 2  15 
Home equity166  5 3  8 
RV and marine finance105  2 1  3 
Other consumer91      
Total new TDRs3,016 $111 $152 $11 $14 $288 
Nine Months Ended September 30, 2021
Number of
Contracts
Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial53 $15 $23 $ $ $38 
Commercial real estate4      
Residential mortgage232  31 4  35 
Automobile1,914  13 3  16 
Home equity155  3 5  8 
RV and marine finance103 1 1 1  3 
Other consumer214    1 1 
Total new TDRs2,675 $16 $71 $13 $1 $101 
(1)TDRs may include multiple concessions and the disclosure classifications are based on the primary concession provided to the borrower.
(2)Post-modification balances approximate pre-modification balances.
Pledged Loans
The Bank has access to the Federal Reserve’s discount window and advances from the FHLB. As of September 30, 2022 and December 31, 2021, these borrowings and advances are secured by $70.1 billion and $61.1 billion, respectively, of loans.
2022 3Q Form 10-Q 59


Table of Content
6. ALLOWANCE FOR CREDIT LOSSES
Allowance for Credit Losses - Roll-forward
The following tables present ACL activity by portfolio segment for the three-month and nine-month periods ended September 30, 2022 and 2021.

(dollar amounts in millions)CommercialConsumerTotal
Three-month period ended September 30, 2022:
ALLL balance, beginning of period$1,342 $732 $2,074 
Loan and lease charge-offs(35)(48)(83)
Recoveries of loans and leases previously charged-off20 19 39 
Provision (benefit) for loan and lease losses87 (7)80 
ALLL balance, end of period$1,414 $696 $2,110 
AULC balance, beginning of period$53 $41 $94 
Provision (benefit) for unfunded lending commitments8 18 26 
AULC balance, end of period$61 $59 $120 
ACL balance, end of period$1,475 $755 $2,230 
Nine-month period ended September 30, 2022:
ALLL balance, beginning of period$1,462 $568 $2,030 
Loan and lease charge-offs(77)(139)(216)
Recoveries of loans and leases previously charged-off83 62 145 
Provision for loan and lease losses(54)205 151 
ALLL balance, end of period$1,414 $696 $2,110 
AULC balance, beginning of period$41 $36 $77 
Provision for unfunded lending commitments20 23 43 
AULC balance, end of period$61 $59 $120 
ACL balance, end of period$