Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v3.25.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by Business Segment
A rollforward of goodwill by business segment for which goodwill is allocated is presented in the table below. No goodwill impairment was recorded in 2024 or 2023.
  Consumer & Commercial Huntington
(dollar amounts in millions) Regional Banking Banking Consolidated
Balance, January 1, 2023
 $ 3,650  $ 1,921  $ 5,571 
RPS sale (10) —  (10)
Balance, December 31, 2023 3,640  1,921  5,561 
Balance, December 31, 2024 $ 3,640  $ 1,921  $ 5,561 
Summary of Other Intangible Assets
Huntington’s other intangible assets are presented in the following table.
(dollar amounts in millions) Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Carrying
Value
At December 31, 2024
Core deposit intangible $ 378  $ (293) $ 85 
Customer relationship 66  (55) 11 
Total other intangible assets $ 444  $ (348) $ 96 
At December 31, 2023
Core deposit intangible $ 385  $ (259) $ 126 
Customer relationship 92  (75) 17 
Total other intangible assets $ 477  $ (334) $ 143 
Estimated Amortization Expense of Other Intangible Assets
The estimated amortization expense of other intangible assets for the next five years is as follows.
(dollar amounts in millions)
Amortization
Expense
2025 $ 43 
2026 29 
2027 9 
2028 6 
2029 4