Annual report pursuant to Section 13 and 15(d)

SEGMENT REPORTING (Tables)

v3.22.0.1
SEGMENT REPORTING (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Business Segment Financial Information
Listed in the table below is certain operating basis financial information reconciled to Huntington’s December 31, 2021, December 31, 2020, and December 31, 2019, reported results by business segment:
Income Statements
(dollar amounts in millions)
 Commercial Banking Consumer & Business Banking Vehicle Finance RBHPCG Treasury / Other
Huntington
Consolidated
2021
Net interest income $ 1,284  $ 1,667  $ 468  $ 159  $ 524  $ 4,102 
Provision for credit losses 4  91  (86) 16  —  25 
Noninterest income 523  1,045  13  227  81  1,889 
Noninterest expense 791  2,231  163  300  890  4,375 
Provision (benefit) for income taxes 212  82  85  15  (100) 294 
Income attributable to non-controlling interest 2  —  —  —  —  2 
Net income attributable to Huntington Bancshares Inc $ 798  $ 308  $ 319  $ 55  $ (185) $ 1,295 
2020
Net interest income $ 903  $ 1,436  $ 430  $ 160  $ 295  $ 3,224 
Provision for credit losses 626  265  146  11  —  1,048 
Noninterest income 364  945  9  201  72  1,591 
Noninterest expense 542  1,774  141  243  95  2,795 
Provision for income taxes 21  72  32  22  8  155 
Net income $ 78  $ 270  $ 120  $ 85  $ 264  $ 817 
2019
Net interest income $ 1,037  $ 1,766  $ 397  $ 198  $ (185) $ 3,213 
Provision for credit losses 132  114  44  (3) —  287 
Noninterest income 359  825  12  198  60  1,454 
Noninterest expense 564  1,673  148  256  80  2,721 
Provision (benefit) for income taxes 147  169  45  30  (143) 248 
Net income (loss) $ 553  $ 635  $ 172  $ 113  $ (62) $ 1,411 
Segment Disclosure of Assets and Deposits
 
Assets at
December 31,
Deposits at
December 31,
(dollar amounts in millions) 2021 2020 2021 2020
Commercial Banking 57,071  36,311  31,845  24,766 
Consumer & Business Banking $ 39,929  $ 30,758  $ 95,352  $ 60,910 
Vehicle Finance 20,752  19,789  1,401  722 
RBHPCG 8,325  7,064  10,162  7,635 
Treasury / Other 47,987  29,116  4,503  4,915 
Total $ 174,064  $ 123,038  $ 143,263  $ 98,948