Annual report pursuant to Section 13 and 15(d)

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

v3.24.0.1
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Non-interest Income
The following table shows Huntington’s total noninterest income segregated between revenue with contracts with customers within the scope of ASC 606 and revenue within the scope of other GAAP Topics.
Year Ended December 31,
(dollar amounts in millions) 2023 2022 2021
Noninterest income
Revenue from contracts with customers
$ 1,400  $ 1,318  $ 1,113 
Revenue within the scope of other GAAP topics
521  663  776 
Total noninterest income $ 1,921  $ 1,981  $ 1,889 
The following table illustrates the disaggregation by operating segment and major revenue stream and reconciles disaggregated revenue to segment revenue presented in Note 25 - “Segment Reporting”:
(dollar amounts in millions) Consumer & Business Banking Commercial Banking Treasury / Other Huntington Consolidated
Year Ended December 31, 2023
Major Revenue Streams
Payments and cash management revenue $ 433  $ 103  $ —  $ 536 
Wealth and asset management revenue 313  15  —  328 
Customer deposit and loan fees 203  —  211 
Capital markets and advisory fees 16  118  (2) 132 
Leasing revenue 49  —  51 
Insurance income 64  11  (1) 74 
Other 67  (2) 68 
Net revenue from contracts with customers $ 1,098  $ 307  $ (5) $ 1,400 
Noninterest income within the scope of other GAAP topics 159  339  23  521 
Total noninterest income $ 1,257  $ 646  $ 18  $ 1,921 
Year Ended December 31, 2022
Major Revenue Streams
Payments and cash management revenue $ 405  $ 108  $ —  $ 513 
Wealth and asset management revenue 294  —  300 
Customer deposit and loan fees 226  —  231 
Capital markets and advisory fees 15  98  (3) 110 
Leasing revenue 66  —  67 
Insurance income 71  (1) 79 
Other 12  (2) 18 
Net revenue from contracts with customers $ 1,020  $ 304  $ (6) $ 1,318 
Noninterest income within the scope of other GAAP topics 252  363  48  663 
Total noninterest income $ 1,272  $ 667  $ 42  $ 1,981 
Year Ended December 31, 2021
Major Revenue Streams
Payments and cash management revenue $ 360  $ 104  $ —  $ 464 
Wealth and asset management revenue 266  —  269 
Customer deposit and loan fees 226  —  227 
Capital markets and advisory fees 10  19  —  29 
Leasing revenue 21  —  23 
Insurance income 75  82 
Other 11  19 
Net revenue from contracts with customers $ 945  $ 156  $ 12  $ 1,113 
Noninterest income within the scope of other GAAP topics 344  363  69  776 
Total noninterest income $ 1,289  $ 519  $ 81  $ 1,889