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.
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Consumer & Regional Banking |
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Commercial Banking |
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Treasury / Other |
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Huntington Consolidated |
(dollar amounts in millions) |
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Three months ended September 30, 2024 |
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Net interest income (loss) |
$ |
1,050 |
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$ |
529 |
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$ |
(228) |
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$ |
1,351 |
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Provision for credit losses |
105 |
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1 |
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— |
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106 |
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Noninterest income |
338 |
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181 |
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4 |
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523 |
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Noninterest expense |
799 |
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289 |
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42 |
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1,130 |
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Provision (benefit) for income taxes |
102 |
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88 |
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(74) |
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116 |
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Income attributable to non-controlling interest |
— |
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5 |
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— |
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5 |
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Net income (loss) attributable to Huntington |
$ |
382 |
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$ |
327 |
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$ |
(192) |
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$ |
517 |
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Three months ended September 30, 2023 |
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Net interest income (loss) |
$ |
941 |
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$ |
549 |
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$ |
(122) |
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$ |
1,368 |
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Provision for credit losses |
82 |
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17 |
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— |
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99 |
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Noninterest income |
307 |
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156 |
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46 |
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509 |
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Noninterest expense |
764 |
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278 |
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48 |
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1,090 |
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Provision (benefit) for income taxes |
84 |
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86 |
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(34) |
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136 |
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Income attributable to non-controlling interest |
— |
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5 |
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— |
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5 |
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Net income (loss) attributable to Huntington |
$ |
318 |
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$ |
319 |
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$ |
(90) |
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$ |
547 |
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Nine months ended September 30, 2024 |
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Net interest income (loss) |
$ |
3,013 |
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$ |
1,579 |
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$ |
(642) |
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$ |
3,950 |
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Provision for credit losses |
227 |
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86 |
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— |
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313 |
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Noninterest income |
968 |
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490 |
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23 |
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1,481 |
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Noninterest expense |
2,364 |
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883 |
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137 |
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3,384 |
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Provision (benefit) for income taxes |
292 |
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231 |
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(215) |
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308 |
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Income attributable to non-controlling interest |
— |
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16 |
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— |
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16 |
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Net income (loss) attributable to Huntington |
$ |
1,098 |
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$ |
853 |
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$ |
(541) |
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$ |
1,410 |
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Nine months ended September 30, 2023 |
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Net interest income (loss) |
$ |
2,745 |
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$ |
1,637 |
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$ |
(259) |
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$ |
4,123 |
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Provision for credit losses |
192 |
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84 |
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— |
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276 |
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Noninterest income |
953 |
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479 |
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84 |
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1,516 |
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Noninterest expense |
2,283 |
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830 |
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113 |
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3,226 |
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Provision (benefit) for income taxes |
257 |
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252 |
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(95) |
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414 |
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Income attributable to non-controlling interest |
— |
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15 |
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— |
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15 |
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Net income (loss) attributable to Huntington |
$ |
966 |
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$ |
935 |
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$ |
(193) |
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$ |
1,708 |
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Segment Disclosure of Assets and Deposits |
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Assets |
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Deposits |
(dollar amounts in millions) |
At September 30, 2024 |
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At December 31, 2023 |
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At September 30, 2024 |
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At December 31, 2023 |
Consumer & Regional Banking |
$ |
76,804 |
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$ |
73,082 |
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$ |
110,107 |
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$ |
110,157 |
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Commercial Banking |
64,583 |
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63,377 |
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42,064 |
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35,466 |
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Treasury / Other |
59,148 |
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52,909 |
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6,180 |
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5,607 |
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Total |
$ |
200,535 |
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$ |
189,368 |
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$ |
158,351 |
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$ |
151,230 |
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