Exhibit 99.
HUNTINGTON BANCSHARES INCORPORATED
RATIO OF EARNINGS TO FIXED CHARGES
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30 SEPTEMBER 30
------------------ --------------------
1999 1998 1999 1998
-------- -------- ---------- ----------
EXCLUDING INTEREST ON DEPOSITS
Income before taxes ......................... $155,820 $130,119 $ 453,062 $ 397,575
Fixed charges:
Interest expense ..................... 88,354 75,885 252,404 242,951
Interest factor of rent expense ...... 3,925 2,801 7,999 7,447
-------- -------- ---------- ----------
Total fixed charges ............... 92,279 78,686 260,403 250,398
-------- -------- ---------- ----------
Earnings .................................... $248,099 $208,805 $ 713,465 $ 647,973
======== ======== ========== ==========
Fixed charges ............................... $ 92,279 $ 78,686 $ 260,403 $ 250,398
======== ======== ========== ==========
RATIO OF EARNINGS
TO FIXED CHARGES 2.69 X 2.65 X 2.74 X 2.59 X
INCLUDING INTEREST ON DEPOSITS
Income before taxes.......................... $155,820 $130,119 $ 453,062 $ 397,575
Fixed charges:
Interest expense...................... 247,863 253,706 721,386 745,177
Interest factor of rent expense....... 3,925 2,801 7,999 7,447
-------- -------- ---------- ----------
Total fixed charges................ 251,788 256,507 729,385 752,624
-------- -------- ---------- ----------
Earnings..................................... $407,608 $386,626 $1,182,447 $1,150,199
======== ======== ========== ==========
Fixed charges................................ $251,788 $256,507 $ 729,385 $ 752,624
======== ======== ========== ==========
RATIO OF EARNINGS
TO FIXED CHARGES 1.62 X 1.51 X 1.62 X 1.53 X