EXHIBIT 99. HUNTINGTON BANCSHARES INCORPORATED RATIO OF EARNINGS TO FIXED CHARGES
THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30 JUNE 30 --------------------- --------------------- 1999 1998 1999 1998 -------- -------- -------- -------- EXCLUDING INTEREST ON DEPOSITS Income before taxes ..................... $155,260 $135,812 $297,242 $267,456 Fixed charges: Interest expense .................. 84,184 81,686 164,050 167,066 Interest factor of rent expense ... 1,609 2,380 4,074 4,646 -------- -------- -------- -------- Total fixed charges ............ 85,793 84,066 168,124 171,712 -------- -------- -------- -------- Earnings ................................ $241,053 $219,878 $465,366 $439,168 ======== ======== ======== ======== Fixed charges ........................... $ 85,793 $ 84,066 $168,124 $171,712 ======== ======== ======== ======== RATIO OF EARNINGS TO FIXED CHARGES 2.81X 2.62X 2.77X 2.56X INCLUDING INTEREST ON DEPOSITS Income before taxes ..................... $155,260 $135,812 $297,242 $267,456 Fixed charges: Interest expense .................. 237,352 243,839 473,523 491,471 Interest factor of rent expense ... 1,609 2,380 4,074 4,646 -------- -------- -------- -------- Total fixed charges ............ 238,961 246,219 477,597 496,117 -------- -------- -------- -------- Earnings ................................ $394,221 $382,031 $774,839 $763,573 ======== ======== ======== ======== Fixed charges ........................... $238,961 $246,219 $477,597 $496,117 ======== ======== ======== ======== RATIO OF EARNINGS TO FIXED CHARGES 1.65X 1.55X 1.62X 1.54X