Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

v3.24.3
SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Listed in the following tables is certain operating basis financial information reconciled to Huntington’s, reported results by business segment.
Consumer & Regional Banking Commercial Banking Treasury / Other Huntington Consolidated
(dollar amounts in millions)
Three months ended September 30, 2024
Net interest income (loss)
$ 1,050  $ 529  $ (228) $ 1,351 
Provision for credit losses 105  —  106 
Noninterest income
338  181  523 
Noninterest expense
799  289  42  1,130 
Provision (benefit) for income taxes
102  88  (74) 116 
Income attributable to non-controlling interest —  — 
Net income (loss) attributable to Huntington $ 382  $ 327  $ (192) $ 517 
Three months ended September 30, 2023
Net interest income (loss)
$ 941  $ 549  $ (122) $ 1,368 
Provision for credit losses
82  17  —  99 
Noninterest income
307  156  46  509 
Noninterest expense
764  278  48  1,090 
Provision (benefit) for income taxes
84  86  (34) 136 
Income attributable to non-controlling interest —  — 
Net income (loss) attributable to Huntington
$ 318  $ 319  $ (90) $ 547 
Nine months ended September 30, 2024
Net interest income (loss)
$ 3,013  $ 1,579  $ (642) $ 3,950 
Provision for credit losses 227  86  —  313 
Noninterest income 968  490  23  1,481 
Noninterest expense 2,364  883  137  3,384 
Provision (benefit) for income taxes 292  231  (215) 308 
Income attributable to non-controlling interest —  16  —  16 
Net income (loss) attributable to Huntington $ 1,098  $ 853  $ (541) $ 1,410 
Nine months ended September 30, 2023
Net interest income (loss)
$ 2,745  $ 1,637  $ (259) $ 4,123 
Provision for credit losses
192  84  —  276 
Noninterest income 953  479  84  1,516 
Noninterest expense 2,283  830  113  3,226 
Provision (benefit) for income taxes 257  252  (95) 414 
Income attributable to non-controlling interest —  15  —  15 
Net income (loss) attributable to Huntington
$ 966  $ 935  $ (193) $ 1,708 
Segment Disclosure of Assets and Deposits
Assets
Deposits
(dollar amounts in millions) At September 30, 2024 At December 31, 2023 At September 30, 2024 At December 31, 2023
Consumer & Regional Banking $ 76,804  $ 73,082  $ 110,107  $ 110,157 
Commercial Banking 64,583  63,377  42,064  35,466 
Treasury / Other 59,148  52,909  6,180  5,607 
Total
$ 200,535  $ 189,368  $ 158,351  $ 151,230