Quarterly report pursuant to Section 13 or 15(d)

LOANS AND LEASES - Loan and Lease Portfolio Composition (Details)

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LOANS AND LEASES - Loan and Lease Portfolio Composition (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases [1] $ 122,767 $ 121,982    
Allowance for loan and lease losses (2,280) (2,255) $ (2,142) $ (2,121)
Net loans and leases 120,487 [2] 119,727    
Loans and leases net premium (discount) (349) (323)    
Commercial and industrial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 51,500 50,657    
Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 12,342 12,422    
Lease financing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 5,133 5,228    
Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 23,744 23,720    
Automobile        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 12,662 12,482    
RV and marine        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 5,887 5,899    
Other consumer        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 1,452 1,461    
Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 68,975 68,307    
Allowance for loan and lease losses (1,589) (1,563) (1,457) (1,424)
Accrued interest receivable 340 333    
Commercial | Commercial and industrial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 51,500 50,657    
Commercial | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 12,342 12,422    
Commercial | Lease financing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 5,133 5,228    
Consumer        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 53,792 53,675    
Allowance for loan and lease losses (691) (692) $ (685) $ (697)
Accrued interest receivable 222 220    
Consumer | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 23,744 23,720    
Consumer | Automobile        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 12,662 12,482    
Consumer | Home equity        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 10,047 10,113    
Consumer | RV and marine        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases 5,887 5,899    
Consumer | Other consumer        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loans and leases $ 1,452 $ 1,461    
[1] Amounts represent loans for which Huntington has elected the fair value option. See Note 12 - “Fair Values of Assets and Liabilities”.
[2] Includes VIE balances in net loans and leases and long-term debt of $1.5 billion and $1.4 billion, respectively, at March 31, 2024, and VIE balances in other assets of $136 million and $82 million, and other liabilities of $55 million and $57 million, at March 31, 2024 and December 31, 2023, respectively. See Note 14 - “Variable Interest Entities” for additional information.