Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS

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GOODWILL AND OTHER INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
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 
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 
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