Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 1,776 $ 1,685
Interest-earning deposits with banks 9,171 11,647
Trading account securities 481 53
Available-for-sale securities 28,330 27,273
Held-to-maturity securities 15,965 16,368
Other securities 878 823
Loans held for sale (includes $867 and $652, respectively, measured at fair value) 876 654
Loans and leases (includes $172 and $173, respectively, measured at fair value) 134,960 130,042
Allowance for loan and lease losses (2,331) (2,244)
Net loans and leases [1] 132,629 127,798
Bank-owned life insurance 2,808 2,793
Accrued income and other receivables 1,675 2,190
Premises and equipment 1,104 1,066
Goodwill 5,561 5,561
Servicing rights and other intangible assets 647 677
Other assets [1] 5,841 5,642
Total assets 207,742 204,230
Liabilities    
Demand deposits—noninterest-bearing 28,656 29,345
Interest-bearing 134,724 133,103
Total deposits 163,380 162,448
Short-term borrowings 576 199
Long-term debt [1] 17,467 16,374
Other liabilities [1] 5,349 5,427
Total liabilities 186,772 184,448
Commitments and Contingent Liabilities (Note 16)
Shareholders’ Equity    
Preferred stock 1,989 1,989
Common stock 15 15
Capital surplus 15,506 15,484
Less treasury shares, at cost (87) (86)
Accumulated other comprehensive income (loss) (2,246) (2,866)
Retained earnings 5,751 5,204
Total Huntington shareholders’ equity 20,928 19,740
Non-controlling interest 42 42
Total equity 20,970 19,782
Total liabilities and equity $ 207,742 $ 204,230
Common shares authorized (in shares) 2,250,000,000 2,250,000,000
Common share outstanding (in shares) 1,458,800,042 1,453,635,809
Treasury shares outstanding (in shares) 6,972,708 6,984,102
Preferred stock, authorized shares (in shares) 6,617,808 6,617,808
Preferred shares outstanding (in shares) 877,500 877,500
[1] Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $880 million, $246 million, $796 million, and $89 million, respectively, at June 30, 2025, and $1.1 billion, $264 million, $1.0 billion, $109 million, respectively, at December 31, 2024. See Note 15 - “Variable Interest Entities” for additional information.