Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING

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SEGMENT REPORTING
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Huntington’s business segments are based on our internally-aligned segment leadership structure, which is how management monitors results and assesses performance. The Company has 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. For a description of our business segments, see Note 25 - Segment Reporting to the Consolidated Financial Statements appearing in Huntington’s 2021 Annual Report on Form 10-K.
Listed in the following tables is certain operating basis financial information reconciled to Huntington’s September 30, 2022, December 31, 2021, and September 30, 2021, reported results by business segment.
Three Months Ended September 30,
Income Statements
 Commercial Banking Consumer & Business Banking Vehicle Finance RBHPCG Treasury / Other Huntington Consolidated
(dollar amounts in millions)
2022
Net interest income
 $ 495  $ 708  $ 120  $ 63  $ 18  $ 1,404 
Provision (benefit) for credit losses 84  64  (43) 1  —  106 
Noninterest income
 181  243  4  57  13  498 
Noninterest expense
 271  605  41  79  57  1,053 
Provision (benefit) for income taxes
 66  60  27  8  (15) 146 
Income attributable to non-controlling interest 3  —  —  —  —  3 
Net income (loss) attributable to Huntington Bancshares Inc $ 252  $ 222  $ 99  $ 32  $ (11) $ 594 
2021
Net interest income
 $ 416  $ 483  $ 123  $ 42  $ 96  $ 1,160 
Provision (benefit) for credit losses (34) (7) (25) 4  —  (62)
Noninterest income
 150  302  4  58  21  535 
Noninterest expense
 247  637  48  84  273  1,289 
Provision (benefit) for income taxes
 73  33  22  3  (41) 90 
Income attributable to non-controlling interest 1  —  —  —  —  1 
Net income (loss) attributable to Huntington Bancshares Inc $ 279  $ 122  $ 82  $ 9  $ (115) $ 377 
Nine Months Ended September 30,
Income Statements Commercial Banking Consumer & Business Banking Vehicle Finance RBHPCG Treasury / Other Huntington Consolidated
(dollar amounts in millions)
2022
Net interest income $ 1,339  $ 1,701  $ 357  $ 167  $ 247  $ 3,811 
Provision for credit losses 9  138  36  15  —  198 
Noninterest income 473  785  10  181  33  1,482 
Noninterest expense 767  1,807  127  241  182  3,124 
Provision (benefit) for income taxes 217  114  43  19  (22) 371 
Income attributable to non-controlling interest 7  —  —  —  —  7 
Net income attributable to Huntington Bancshares Inc $ 812  $ 427  $ 161  $ 73  $ 120  $ 1,593 
2021
Net interest income $ 873  $ 1,187  $ 340  $ 113  $ 457  $ 2,970 
Provision (benefit) for credit losses 107  57  (77) 2  —  89 
Noninterest income 353  780  9  165  67  1,374 
Noninterest expense 553  1,617  119  217  648  3,154 
Provision (benefit) for income taxes 119  62  64  12  (51) 206 
Income attributable to non-controlling interest 1  —  —  —  —  1 
Net income (loss) attributable to Huntington Bancshares Inc $ 446  $ 231  $ 243  $ 47  $ (73) $ 894 
Assets at Deposits at
(dollar amounts in millions) September 30,
2022		 December 31,
2021		 September 30,
2022		 December 31,
2021
Commercial Banking $ 62,924  $ 57,071  $ 37,194  $ 31,845 
Consumer & Business Banking 38,424  39,929  93,854  95,352 
Vehicle Finance 21,461  20,752  1,173  1,401 
RBHPCG 9,876  8,325  8,982  10,162 
Treasury / Other 46,717  47,987  5,110  4,503 
Total
 $ 179,402  $ 174,064  $ 146,313  $ 143,263