Annual report pursuant to Section 13 and 15(d)

SEGMENT REPORTING (Tables)

v3.22.4
SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Business Segment Financial Information
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  —  —  —  11 
Net income attributable to Huntington Bancshares Inc $ 1,143  $ 789  $ 191  $ 106  $ $ 2,238 
Year Ended December 31, 2021
Net interest income $ 1,284  $ 1,667  $ 468  $ 159  $ 524  $ 4,102 
Provision for credit losses 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 —  —  —  — 
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  201  72  1,591 
Noninterest expense 542  1,774  141  243  95  2,795 
Provision for income taxes 21  72  32  22  155 
Net income $ 78  $ 270  $ 120  $ 85  $ 264  $ 817 
Segment Disclosure of Assets and Deposits
 
Assets at
December 31,
Deposits at
December 31,
(dollar amounts in millions) 2022 2021 2022 2021
Commercial Banking $ 63,812  $ 57,071  $ 37,509  $ 31,845 
Consumer & Business Banking 38,561  39,929  93,676  95,352 
Vehicle Finance 21,461  20,752  1,136  1,401 
RBHPCG 10,045  8,325  9,550  10,162 
Treasury / Other 49,027  47,987  6,043  4,503 
Total $ 182,906  $ 174,064  $ 147,914  $ 143,263