Huntington Bancshares Incorporated Quarterly report [Sections 13 or 15(d)]

ALLOWANCE FOR CREDIT LOSSES (Tables)

3 Months Ended

Mar. 31, 2025

The following table presents ACL activity by portfolio segment.


(dollar amounts in millions)	Commercial		Consumer		Total
Three months ended March 31, 2025
ALLL balance, beginning of period	$	1,484	$	760	$	2,244

Loan and lease charge-offs	(74)		(59)		(133)
Recoveries of loans and leases previously charged-off	30		17		47
Provision for loan and lease losses	80		25		105


ALLL balance, end of period	$	1,520	$	743	$	2,263
AULC balance, beginning of period	$	144	$	58	$	202

Provision (benefit) for unfunded lending commitments	14		(1)		13


AULC balance, end of period	$	158	$	57	$	215
ACL balance, end of period	$	1,678	$	800	$	2,478




Three months ended March 31, 2024
ALLL balance, beginning of period	$	1,563	$	692	$	2,255

Loan and lease charge-offs	(74)		(54)		(128)
Recoveries of loans and leases previously charged-off	19		17		36
Provision for loan and lease losses	81		36		117


ALLL balance, end of period	$	1,589	$	691	$	2,280
AULC balance, beginning of period	$	66	$	79	$	145

Provision (benefit) for unfunded lending commitments	3		(13)		(10)


AULC balance, end of period	$	69	$	66	$	135
ACL balance, end of period	$	1,658	$	757	$	2,415