Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

v3.24.2
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Listed in the following tables is certain operating basis financial information reconciled to Huntington’s, reported results by business segment.
Consumer & Regional Banking Commercial Banking Treasury / Other Huntington Consolidated
(dollar amounts in millions)
Three months ended June 30, 2024
Net interest income (loss)
$ 1,007  $ 527  $ (222) $ 1,312 
Provision for credit losses 76  24  —  100 
Noninterest income
322  164  491 
Noninterest expense
788  300  29  1,117 
Provision (benefit) for income taxes
97  77  (68) 106 
Income attributable to non-controlling interest —  — 
Net income (loss) attributable to Huntington $ 368  $ 284  $ (178) $ 474 
Three months ended June 30, 2023
Net interest income
$ 933  $ 547  $ (134) $ 1,346 
Provision for credit losses
64  28  —  92 
Noninterest income
302  167  26  495 
Noninterest expense
765  274  11  1,050 
Provision (benefit) for income taxes
86  86  (38) 134 
Income attributable to non-controlling interest —  — 
Net income (loss) attributable to Huntington
$ 320  $ 320  $ (81) $ 559 
Six months ended June 30, 2024
Net interest income (loss)
$ 1,963  $ 1,050  $ (414) $ 2,599 
Provision for credit losses 122  85  —  207 
Noninterest income 630  309  19  958 
Noninterest expense 1,565  594  95  2,254 
Provision (benefit) for income taxes 190  143  (141) 192 
Income attributable to non-controlling interest —  11  —  11 
Net income (loss) attributable to Huntington $ 716  $ 526  $ (349) $ 893 
Six months ended June 30, 2023
Net interest income $ 1,804  $ 1,088  $ (137) $ 2,755 
Provision for credit losses
110  67  —  177 
Noninterest income 646  323  38  1,007 
Noninterest expense 1,519  552  65  2,136 
Provision (benefit) for income taxes 173  166  (61) 278 
Income attributable to non-controlling interest —  10  —  10 
Net income (loss) attributable to Huntington
$ 648  $ 616  $ (103) $ 1,161 
Segment Disclosure of Assets and Deposits
Assets
Deposits
(dollar amounts in millions) At June 30, 2024 At December 31, 2023 At June 30, 2024 At December 31, 2023
Consumer & Regional Banking $ 75,298  $ 73,082  $ 110,913  $ 110,157 
Commercial Banking 63,107  63,377  38,110  35,466 
Treasury / Other 57,905  52,909  5,344  5,607 
Total
$ 196,310  $ 189,368  $ 154,367  $ 151,230