Huntington Bancshares Incorporated Annual report pursuant to Section 13 and 15(d)

SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2022

Listed in the table below is certain operating basis financial information reconciled to Huntington’s, reported results by business segment.


Income Statements (dollar amounts in millions)	Commercial Banking		Consumer & Business Banking		Vehicle Finance		RBHPCG		Treasury / Other		Huntington Consolidated
Year Ended December 31, 2022
Net interest income	$	1,879	$	2,577	$	477	$	232	$	108	$	5,273
Provision for credit losses	28		161		83		17		—		289
Noninterest income	670		1,017		13		239		42		1,981
Noninterest expense	1,061		2,434		165		320		221		4,201
Provision (benefit) for income taxes	307		210		51		28		(81)		515
Income attributable to non-controlling interest	10		—		—		—		1		11
Net income attributable to Huntington Bancshares Inc	$	1,143	$	789	$	191	$	106	$	9	$	2,238
Year Ended December 31, 2021
Net interest income	$	1,284	$	1,667	$	468	$	159	$	524	$	4,102
Provision for credit losses	4		91		(86)		16		—		25
Noninterest income	523		1,045		13		227		81		1,889
Noninterest expense	791		2,231		163		300		890		4,375
Provision (benefit) for income taxes	212		82		85		15		(100)		294
Income attributable to non-controlling interest	2		—		—		—		—		2
Net income attributable to Huntington Bancshares Inc	$	798	$	308	$	319	$	55	$	(185)	$	1,295
Year Ended December 31, 2020
Net interest income	$	903	$	1,436	$	430	$	160	$	295	$	3,224
Provision for credit losses	626		265		146		11		—		1,048
Noninterest income	364		945		9		201		72		1,591
Noninterest expense	542		1,774		141		243		95		2,795
Provision for income taxes	21		72		32		22		8		155
Net income	$	78	$	270	$	120	$	85	$	264	$	817