Exhibit

COLUMBUS, Ohio – Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) reported net income for the 2017 third quarter of $275 million, a $148 million, or 116%, increase from the year-ago quarter. Earnings per common share for the 2017 third quarter were $0.23, up $0.12, or 109%, from the year-ago quarter. Excluding approximately $31 million pretax of FirstMerit acquisition-related net expenses, or $0.02 per common share after tax, adjusted earnings per common share were $0.25. Tangible book value per common share as of 2017 third quarter-end was $6.85, a 6% year-over-year increase. Return on average assets was 1.08%, return on average common equity was 10.5%, and return on average tangible common equity was 14.1%. Total revenue increased 17% over the year-ago quarter.

“We earned record net income for the second consecutive quarter as we continue to achieve our long-term financial goals and to deliver sector-leading returns for our shareowners while maintaining our aggregate moderate-to-low risk appetite," said Steve Steinour, chairman, president, and CEO. "The 2017 third quarter marked the one-year anniversary of the largest acquisition in Huntington's history, and we have substantially completed the integration. We fully implemented $255 million of annualized cost savings, and continue to execute on the deal-related revenue synergies. Consistent execution of our core organic growth strategies, coupled with the realization of these acquisition economics, are the key drivers of third quarter results."

"Huntington’s strategic focus on consumers, small- and medium-sized businesses, and auto finance has positioned us to grow through the ongoing industry headwinds in corporate banking. The third quarter results illustrated continued momentum in residential mortgage, automobile, and RV and marine consumer lending as well as asset finance. The third quarter also marked the end of the 2017 fiscal year for the U.S. Small Business Administration, during which Huntington earned the distinction of being the second largest SBA 7(a) lender in the nation for the third year in a row and the largest in our footprint for the tenth consecutive year,” Steinour said.



	2017									2016
($ in millions, except per share data)	Third			Second			First			Fourth			Third
	Quarter			Quarter			Quarter			Quarter			Quarter
Net Income	$	275		$	272		$	208		$	239		$	127
Diluted earnings per common share	0.23			0.23			0.17			0.20			0.11

Return on average assets	1.08		%	1.09		%	0.84		%	0.95		%	0.58		%
Return on average common equity	10.5			10.6			8.2			9.4			5.4
Return on average tangible common equity	14.1			14.4			11.3			12.9			7.0
Net interest margin	3.29			3.31			3.30			3.25			3.18
Efficiency ratio	60.5			62.9			65.7			61.6			75.0

Tangible book value per common share	$	6.85		$	6.74		$	6.55		$	6.43		$	6.48
Cash dividends declared per common share	0.08			0.08			0.08			0.08			0.07
Average diluted shares outstanding	1,106			1,109			1,109			1,104			952

Average earning assets	$	92,849		$	91,728		$	91,139		$	91,463		$	79,687
Average loans and leases	68,276			67,345			66,981			66,405			60,722
Average core deposits	73,549			72,291			71,500			72,070			62,022

Tangible common equity / tangible assets ratio	7.42		%	7.41		%	7.28		%	7.16		%	7.14		%
Common equity Tier 1 risk-based capital ratio	9.94			9.88			9.74			9.56			9.09

NCOs as a % of average loans and leases	0.25		%	0.21		%	0.24		%	0.26		%	0.26		%
NAL ratio	0.49			0.54			0.60			0.63			0.61
ACL as a % of total loans and leases	1.10			1.11			1.14			1.10			1.06



Three Months Ended		Pre-Tax Impact			After-Tax Impact
($ in millions, except per share)		Amount			Amount (1)			EPS (2)
September 30, 2017 – net income					$	275		$	0.23
•	Merger and acquisition-related net expenses	$	(31	)	(20		)	(0.02		)
June 30, 2017 – net income					$	272		$	0.23
•	Merger and acquisition-related net expenses	$	(50	)	(33		)	(0.03		)
March 31, 2017 – net income					$	208		$	0.17
•	Merger and acquisition-related net expenses	$	(71	)	(46		)	(0.04		)
December 31, 2016 – net income					$	239		$	0.20
•	Merger and acquisition-related net expenses	$	(96	)	(63		)	(0.06		)
•	Reduction to litigation reserves	$	42		27			0.02
September 30, 2016 – net income					$	127		$	0.11
•	Merger and acquisition-related net expenses	$	(159	)	(107		)	(0.11		)



	2017						2016
($ in millions)	Third		Second		First		Fourth		Third		Change (%)
($ in millions)	Quarter		Quarter		Quarter		Quarter		Quarter		LQ		YOY
Net interest income	$	758	$	745	$	730	$	735	$	625	2	%	21	%
FTE adjustment	12		12		12		13		11		—		9
Net interest income - FTE	771		757		742		748		636		2		21
Noninterest income	330		325		312		334		302		2		9
Total revenue - FTE	$	1,101	$	1,082	$	1,054	$	1,082	$	938	2	%	17	%



											Change bp
Yield / Cost											LQ		YOY
Total earning assets	3.78	%	3.75	%	3.70	%	3.60	%	3.52	%	3		26
Total loans and leases	4.20		4.15		4.07		3.95		3.81		5		39
Total securities	2.55		2.55		2.54		2.58		2.47		—		8
Total interest-bearing liabilities	0.68		0.61		0.54		0.48		0.49		7		19
Total interest-bearing deposits	0.35		0.31		0.26		0.23		0.22		4		13

Net interest rate spread	3.10		3.14		3.16		3.12		3.03		(4	)	7
Impact of noninterest-bearing funds on margin	0.19		0.17		0.14		0.13		0.15		2		4
Net interest margin	3.29	%	3.31	%	3.30	%	3.25	%	3.18	%	(2	)	11

Fully-taxable equivalent (FTE) net interest income for the 2017 third quarter increased $135 million, or 21%, from the 2016 third quarter. This reflected the benefit from the $13.2 billion, or 17%, increase in average earning assets coupled with an 11 basis point improvement in the FTE net interest margin (NIM) to 3.29%. Average earning asset growth included a $7.6 billion, or 12%, increase in average loans and leases and a $5.6 billion, or 31%,

Compared to the 2017 second quarter, FTE net interest income increased $14 million, or 2%. Average earning assets increased $1.1 billion, or 1%, sequentially, while the NIM decreased 2 basis points. The decrease in the NIM reflected a 7 basis point increase in the cost of interest-bearing liabilities, partially offset by a 3 basis point increase in earning asset yields and a 2 basis point increase in the benefit from noninterest-bearing funds. The purchase accounting impact on the net interest margin was approximately 12 basis points in the 2017 third quarter compared to approximately 15 basis points in the prior quarter.



	2017						2016
($ in billions)	Third		Second		First		Fourth		Third		Change (%)
($ in billions)	Quarter		Quarter		Quarter		Quarter		Quarter		LQ		YOY
Commercial and industrial	$	27.6	$	28.0	$	27.9	$	27.7	$	25.0	(1	)%	11	%
Commercial real estate	7.2		7.1		7.4		7.2		6.4		2		13
Total commercial	34.9		35.1		35.3		34.9		31.3		(1	)	11
Automobile	11.7		11.3		11.1		10.9		11.4		3		3
Home equity	10.0		10.0		10.1		10.1		9.3		—		8
Residential mortgage	8.4		8.0		7.8		7.7		7.0		5		20
RV and marine finance	2.3		2.0		1.9		1.8		0.9		13		151
Other consumer	1.0		1.0		0.9		1.0		0.8		7		28
Total consumer	33.4		32.3		31.7		31.5		29.4		4		14
Total loans and leases	68.3		67.3		67.0		66.4		60.7		1		12
Total securities	23.8		23.8		23.6		22.4		18.2		—		31
Held-for-sale and other earning assets	0.8		0.6		0.5		2.6		0.8		24		(1	)
Total earning assets	$	92.8	$	91.7	$	91.1	$	91.5	$	79.7	1	%	17	%

Average earning assets for the 2017 third quarter increased $13.2 billion, or 17%, from the year-ago quarter, primarily reflecting the impact of the FirstMerit acquisition. Average securities increased $5.6 billion, or 31%, which included a $0.3 billion increase in direct purchase municipal instruments in our commercial banking segment. Average residential mortgage loans increased $1.4 billion, or 20%, as we continue to see the benefits associated with the ongoing expansion of our home lending business. Average RV and marine finance loans increased $1.4 billion, or 151%, reflecting the success of the well-managed expansion of the acquired business into 17 new states over the past year.

Compared to the 2017 second quarter, average earning assets increased $1.1 billion, or 1%. Average loans and leases increased $0.9 billion, or 1%, primarily reflecting growth in residential mortgage, automobile, and RV and marine loans partially offset by a decline in average commercial and industrial loans. Average commercial and industrial loans were negatively impacted by the seasonal decline in automobile floorplan lending, a reduction in mortgage warehouse lending, and continued runoff in corporate banking, partially offset by growth in asset finance.



	2017						2016
	Third		Second		First		Fourth		Third		Change (%)
($ in billions)	Quarter		Quarter		Quarter		Quarter		Quarter		LQ		YOY
Demand deposits - noninterest-bearing	$	21.7	$	21.6	$	21.7	$	23.2	$	20.0	1	%	8	%
Demand deposits - interest-bearing	17.9		17.4		16.8		15.3		12.4		2		45
Total demand deposits	39.6		39.0		38.5		38.5		32.4		1		22
Money market deposits	20.3		19.2		18.7		18.6		18.5		6		10
Savings and other domestic deposits	11.6		11.9		12.0		12.3		8.9		(3	)	30
Core certificates of deposit	2.0		2.1		2.3		2.6		2.3		(5	)	(11	)
Total core deposits	73.5		72.2		71.5		72.0		62.1		2		19
Other domestic deposits of $250,000 or more	0.4		0.5		0.5		0.4		0.4		(10	)	13
Brokered deposits and negotiable CDs	3.6		3.8		4.0		4.3		3.9		(6	)	(9	)
Deposits in foreign offices	—		—		—		0.2		0.2		-		(100	)
Total deposits	$	77.5	$	76.5	$	76.0	$	76.9	$	66.6	1	%	17	%

Short-term borrowings	$	2.4	$	2.7	$	3.8	$	2.6	$	1.3	(11	)%	83	%
Long-term debt	8.9		8.7		8.5		8.6		8.5		3		5
Total debt	$	11.3	$	11.4	$	12.3	$	11.2	$	9.8	(1	)%	15	%

Total interest-bearing liabilities	$	67.2	$	66.4	$	66.5	$	64.9	$	56.3	1	%	19	%

Average total deposits for the 2017 third quarter increased $11.0 billion, or 17%, from the year-ago quarter, while average total core deposits increased $11.5 billion, or 19%. Average total interest-bearing liabilities increased $10.9 billion, or 19%, from the year-ago quarter. These increases primarily reflect the impact of the FirstMerit acquisition. Average demand deposits increased $7.2 billion, or 22%, comprised of a $5.1 billion, or 24%, increase in average commercial demand deposits and a $2.1 billion, or 20%, increase in average consumer demand deposits. Average long-term debt increased $0.5 billion, or 5%, reflecting the issuance of $2.7 billion and maturity of $1.6 billion of senior debt over the past five quarters.



	2017								2016
	Third			Second		First			Fourth			Third		Change (%)
($ in millions)	Quarter			Quarter		Quarter			Quarter			Quarter		LQ		YOY
Service charges on deposit accounts	$	91		$	88	$	83		$	92		$	87	4	%	4	%
Cards and payment processing income	54			52		47			49			44		2		21
Mortgage banking income	34			32		32			38			41		4		(17	)
Trust and investment management services	34			33		34			34			29		2		15
Insurance income	14			16		15			16			16		(12	)	(12	)
Brokerage income	14			16		16			17			15		(11	)	(2	)
Capital markets fees	22			17		14			19			15		29		47
Bank owned life insurance income	16			15		18			17			14		7		14
Gain on sale of loans	14			12		13			25			8		16		85
Securities gains (losses)	(0		)	0		(0		)	(2		)	1		NM		NM
Other Income	38			44		40			29			33		(13	)	15
Total noninterest income	$	330		$	325	$	312		$	334		$	302	2	%	9	%



	2017						2016
	Third		Second		First		Fourth			Third
($ in millions)	Quarter		Quarter		Quarter		Quarter			Quarter
Service charges on deposit accounts	$	—	$	—	$	—	$	—		$	—
Cards and payment processing income	—		—		—		—			—
Mortgage banking income	—		—		—		—			—
Trust and investment management services	—		—		—		—			—
Insurance income	—		—		—		—			—
Brokerage income	—		—		—		—			—
Capital markets fees	—		—		—		—			—
Bank owned life insurance income	—		—		—		—			—
Gain on sale of loans	—		—		—		—			—
Securities gains (losses)	—		—		—		—			—
Other Income	—		—		2		(1		)	—
Total noninterest income	$	—	$	—	$	2	$	(1	)	$	—



	2017								2016
	Third			Second		First			Fourth			Third		Change (%)
($ in millions)	Quarter			Quarter		Quarter			Quarter			Quarter		LQ		YOY
Service charges on deposit accounts	$	91		$	88	$	83		$	92		$	87	4	%	4	%
Cards and payment processing income	54			52		47			49			44		2		21
Mortgage banking income	34			32		32			38			41		4		(17	)
Trust and investment management services	34			33		34			34			29		2		15
Insurance income	14			16		15			16			16		(12	)	(12	)
Brokerage income	14			16		16			17			15		(11	)	(2	)
Capital markets fees	22			17		14			19			15		29		47
Bank owned life insurance income	16			15		18			17			14		7		14
Gain on sale of loans	14			12		13			25			8		16		85
Securities gains (losses)	(0		)	0		(0		)	(2		)	1		NM		NM
Other Income	38			44		39			31			33		(14	)	15
Total noninterest income	$	330		$	325	$	310		$	335		$	302	2	%	9	%

Reported noninterest income for the 2017 third quarter increased $28 million, or 9%, from the year-ago quarter, primarily reflecting the impact of the FirstMerit acquisition. Card and payment processing income increased $9 million, or 21%, due to higher credit and debit card related income and underlying customer growth. Capital markets fees increased $7 million, or 47%, reflecting our ongoing strategic focus on expanding the business. The 2017 third quarter revenues represented a record quarter for our capital markets business. Gain on sale of loans increased $6 million, or 85%, as a result of continued expansion of our SBA lending business. Other income increased $5 million, or 15%, primarily reflecting a $5 million benefit from derivative ineffectiveness and a $3 million increase in servicing income. These increases were partially offset by a $7 million, or 17%, decrease in mortgage banking income, driven by lower spreads on origination volume.



	2017						2016
	Third		Second		First		Fourth		Third		Change (%)
($ in millions)	Quarter		Quarter		Quarter		Quarter		Quarter		LQ		YOY
Personnel costs	$	377	$	392	$	382	$	360	$	405	(4	)%	(7	)%
Outside data processing and other services	80		75		87		89		91		6		(13	)
Equipment	45		43		47		60		41		6		11
Net occupancy	55		53		68		49		41		5		33
Professional services	15		18		18		23		47		(16	)	(68	)
Marketing	17		19		14		21		14		(10	)	18
Deposit and other insurance expense	19		20		20		16		15		(9	)	24
Amortization of intangibles	14		14		14		14		9		(2	)	55
Other expense	58		60		57		49		48		(3	)	21
Total noninterest expense	$	680	$	694	$	707	$	681	$	712	(2	)%	(4	)%
(in thousands)
Average full-time equivalent employees	15.5		15.9		16.3		16.0		14.5		(3	)%	7	%



	2017						2016
	Third		Second		First		Fourth			Third
($ in millions)	Quarter		Quarter		Quarter		Quarter			Quarter
Personnel costs	$	4	$	18	$	20	$	(5	)	$	76
Outside data processing and other services	3		6		14		15			28
Equipment	7		4		6		20			5
Net occupancy	14		14		23		7			7
Professional services	2		4		4		9			34
Marketing	—		—		1		4			1
Deposit and other insurance expense	—		—		—		—			—
Amortization of intangibles	—		—		—		—			—
Other expense	—		4		5		3			8
Total noninterest expense	$	31	$	50	$	73	$	53		$	159



	2017						2016
	Third		Second		First		Fourth		Third		Change (%)
($ in millions)	Quarter		Quarter		Quarter		Quarter		Quarter		LQ		YOY
Personnel costs	$	373	$	374	$	362	$	365	$	329	—	%	13	%
Outside data processing and other services	76		69		73		73		63		10		21
Equipment	39		39		41		40		36		—		8
Net occupancy	41		38		44		42		34		8		21
Professional services	13		14		14		14		13		(7	)	—
Marketing	17		19		13		17		14		(11	)	21
Deposit and other insurance expense	19		20		20		16		15		(9	)	24
Amortization of intangibles	14		14		14		14		9		(2	)	55
Other expense	58		56		52		47		40		4		45
Total noninterest expense	$	650	$	644	$	634	$	628	$	553	1	%	18	%

Reported noninterest expense for the 2017 third quarter decreased $32 million, or 4%, from the year-ago quarter, primarily reflecting the year-over-year decrease in FirstMerit acquisition-related Significant Items. Personnel costs decreased $28 million, or 7%, primarily reflecting a $72 million net decrease in acquisition-related personnel expense partially offset by a 7% increase in average full-time equivalent employees. Professional services decreased $32 million, or 68%, reflecting the net decrease in Significant Items. Outside data processing and other services decreased $12 million, or 13%, reflecting the $24 million net decrease in Significant Items partially offset by higher card and data processing expense from increased usage. Partially offsetting these decreases, other expense increased $10 million, or 21%, primarily reflecting a $5 million increase in donations and sponsorships and a $3 million equipment lease residual impairment. The 2017 third quarter noninterest expense also included approximately $12 million of nonrecurring net expense not included in Significant Items from personnel, operational, and efficiency improvement efforts, as well as from the previously-announced consolidation of 38 full-service branches, 7 drive-through only locations, and 3 corporate offices.



	2017									2016
($ in millions)	September 30,			June 30,			March 31,			December 31,			September 30,
Total nonaccrual loans and leases	$	338		$	364		$	401		$	423		$	404
Total other real estate	42			44			50			51			71
Other NPAs (1)	7			7			7			7			—
Total nonperforming assets	387			415			458			481			475
Accruing loans and leases past due 90 days or more	119			136			128			129			135
NPAs + accruing loans and lease past due 90 days or more	$	506		$	551		$	586		$	610		$	610
NAL ratio (2)	0.49		%	0.54		%	0.60		%	0.63		%	0.61		%
NPA ratio (3)	0.56			0.61			0.68			0.72			0.72
(NPAs+90 days)/(Loans+OREO)	0.74			0.81			0.87			0.91			0.92
Provision for credit losses	$	44		$	25		$	68		$	75		$	64
Net charge-offs	43			36			39			44			40
Net charge-offs / Average total loans	0.25		%	0.21		%	0.24		%	0.26		%	0.26		%
Allowance for loans and lease losses	$	675		$	668		$	673		$	638		$	617
Allowance for unfunded loan commitments and letters of credit	79			85			92			98			88
Allowance for credit losses (ACL)	$	754		$	753		$	765		$	736		$	705
ACL as a % of:
Total loans and leases	1.10		%	1.11		%	1.14		%	1.10		%	1.06		%
NALs	223			207			190			174			174
NPAs	195			181			167			153			148

Nonaccrual loans and leases (NALs) decreased $66 million, or 16%, from the year-ago quarter to $338 million, or 0.49% of total loans and leases. The year-over-year decrease was centered in the Commercial portfolio, primarily associated with the improved performance of a small number of energy sector loan relationships that were added to NALs in the 2016 first quarter. While the energy portfolio was a primary driver of the decrease in NALs over the past year, that portfolio continues to represent less than 1% of total loans outstanding. Nonperforming assets (NPAs) decreased $89 million, or 19%, from the year-ago quarter to $387 million, or 0.56% of total loans and leases and OREO. NALs decreased $26 million, or 7%, from the prior quarter, while NPAs decreased $28 million, or 7%, from the prior quarter. The linked-quarter decreases primarily resulted from workout activities that resulted in pay-downs and NALs that returned to accruing status.

The provision for credit losses decreased $20 million year-over-year to $44 million in the 2017 third quarter. Net charge-offs (NCOs) increased $3 million to $43 million reflecting an increase in consumer net charge-offs, partially offset by a decrease in commercial net charge-offs. NCOs represented an annualized 0.25% of average loans and leases in the current quarter, up from 0.21% in the prior quarter but down from 0.26% in the year-ago quarter. We continue to be pleased with the net charge-off performance within each portfolio and in total.

The period-end allowance for credit losses (ACL) as a percentage of total loans and leases increased to 1.10% from 1.06% a year ago, while the ACL as a percentage of period-end total NALs increased to 223% from 174% over the same period. We believe the level of the ACL is appropriate given the consistent improvement in the credit quality metrics and the current composition of the overall loan and lease portfolio.



	2017									2016
($ in billions)	September 30,			June 30,			March 31,			December 31,			September 30,
Tangible common equity / tangible assets ratio	7.42		%	7.41		%	7.28		%	7.16		%	7.14		%
Common equity tier 1 risk-based capital ratio (1)	9.94		%	9.88		%	9.74		%	9.56		%	9.09		%
Regulatory Tier 1 risk-based capital ratio (1)	11.30		%	11.24		%	11.11		%	10.92		%	10.40		%
Regulatory Total risk-based capital ratio (1)	13.39		%	13.33		%	13.26		%	13.05		%	12.56		%
Total risk-weighted assets (1)	$	78.6		$	78.4		$	77.6		$	78.3		$	80.5

The tangible common equity to tangible assets ratio was 7.42% at September 30, 2017, up 28 basis points from a year ago. Common Equity Tier 1 (CET1) risk-based capital ratio was 9.94% at September 30, 2017, up from 9.09% a year ago. The regulatory Tier 1 risk-based capital ratio was 11.30% compared to 10.40% at September 30, 2016. All capital ratios were impacted by the repurchase of $123 million of common stock at an average cost of $12.75 per share during the 2017 third quarter, as well as the the balance sheet optimization-related loan sales and automobile loan securitization completed during the 2016 fourth quarter. The total risk-based capital ratio also was impacted by the repurchase of $40 million of trust preferred securities during the 2016 fourth quarter, which was executed under the de minimis clause of the Federal Reserve's CCAR rules.

The provision for income taxes in the 2017 third quarter was $90 million, compared to $25 million in the 2016 third quarter. The effective tax rates for the 2017 third quarter and 2016 third quarter were 24.7% and 16.3%, respectively. The variance between the 2017 third quarter and 2016 third quarter provision for income taxes and effective tax rates relate primarily to the effect of Significant Items.

“We remain optimistic on the near-term economic outlook,” Steinour said. “Consumer and business optimism remain high across our footprint. Labor markets are strong, and we continue to see inflationary pressures, particularly labor inflation. The resurgence in manufacturing has benefited the Midwest more than any other region in the country. Consumer spending remains solid. These factors support our expectation for continued economic growth across our footprint, though the recent translation into business investment has been somewhat uneven, tempering our outlook."

“We expect full year loan growth of 3% to 4% on a period-end basis. Consumer loan growth has remained steady throughout 2017. Consistent with our experiences over the past several years, we expect commercial loan growth for the remainder of the year to outpace what we experienced year-to-date. Our commercial pipelines remain strong; however, the commercial lending environment is extremely competitive on both structures and rates. We have reduced our 2017 loan growth expectations from previous guidance, particularly in commercial real estate, to remain consistent with our aggregate moderate-to-low risk appetite and to ensure appropriate returns on capital. We are committed to remaining disciplined in all operating environments.”

We expect to achieve our annual goal to deliver positive operating leverage for the fifth consecutive year. We expect full-year revenue growth of approximately 23% (+22% on an adjusted, non-GAAP basis excluding Significant Items) and full-year noninterest expense growth of approximately 13% (+18% on an adjusted, non-GAAP basis excluding Significant Items). We also expect to achieve our previously communicated 2017 fourth quarter noninterest expense target of $639 million, including deposit intangible amortization.

Huntington’s senior management will host an earnings conference call on October 25, 2017, at 9:00 a.m. (Eastern Daylight Time). The call may be accessed via a live Internet webcast at the Investor Relations section of Huntington’s website, www.huntington.com, or through a dial-in telephone number at (877) 407-8029; Conference ID #13671112. Slides will be available in the Investor Relations section of Huntington’s website about an hour prior to the call. A replay of the webcast will be archived in the Investor Relations section of Huntington’s website. A telephone replay will be available approximately two hours after the completion of the call through November 3, 2017 at (877) 660-6853 or (201) 612-7415; conference ID #13671112.

This communication contains certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements, which are not historical facts and are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.

While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements: changes in general economic, political, or industry conditions; uncertainty in U.S. fiscal and monetary policy, including the interest rate policies of the Federal Reserve Board; volatility and disruptions in global capital and credit markets; movements in interest rates; competitive pressures on product pricing and services; success, impact, and timing of our business strategies, including market acceptance of any new products or services implementing our “Fair Play” banking philosophy; the nature, extent, timing, and results of governmental actions, examinations, reviews, reforms, regulations, and interpretations, including those related to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III regulatory capital reforms, as well as those involving the OCC, Federal Reserve, FDIC, and CFPB; the possibility that the anticipated benefits of the merger with FirstMerit Corporation are not realized completely or when expected, including as a result of the impact of, or problems arising from, the strength of the economy and competitive factors in the areas where we do business; and other factors that may affect our future results. Additional factors that could cause results to differ materially from those described above can be found in our Annual Report on Form 10-K for the year ended December 31, 2016, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2017 and June 30, 2017, which are on file with the Securities and Exchange Commission (the “SEC”) and available in the “Investor Relations” section of our website, http://www.huntington.com, under the heading “Publications and Filings” and in other documents we file with the SEC.

All forward-looking statements speak only as of the date they are made and are based on information available at that time. We do not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding Huntington’s results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in this document, conference call slides, or the Form 8-K related to this document, all of which can be found in the Investor Relations section of Huntington’s website,

Certain returns, yields, performance ratios, or quarterly growth rates are presented on an “annualized” basis. This is done for analytical and decision-making purposes to better discern underlying performance trends when compared to full-year or year-over-year amounts. For example, loan and deposit growth rates, as well as net charge-off percentages, are most often expressed in terms of an annual rate like 8%. As such, a 2% growth rate for a quarter would represent an annualized 8% growth rate.

Significant income or expense items may be expressed on a per common share basis. This is done for analytical and decision-making purposes to better discern underlying trends in total corporate earnings per share performance excluding the impact of such items. Investors may also find this information helpful in their evaluation of the company’s financial performance against published earnings per share mean estimate amounts, which typically exclude the impact of Significant Items. Earnings per share equivalents are usually calculated by applying an effective tax rate to a pre-tax amount to derive an after-tax amount, which is divided by the average shares outstanding during the respective reporting period. Occasionally, when the item involves special tax treatment, the after-tax amount is disclosed separately, with this then being the amount used to calculate the earnings per share equivalent.

From time to time, revenue, expenses, or taxes are impacted by items judged by Management to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsized impact is believed by Management at that time to be infrequent or short term in nature. We refer to such items as “Significant Items”. Most often, these Significant Items result from factors originating outside the company – e.g., regulatory actions/assessments, windfall gains, changes in accounting principles, one-time tax assessments/refunds, litigation actions, etc. In other cases they may result from Management decisions associated with significant corporate actions out of the ordinary course of business – e.g., merger/restructuring charges, recapitalization actions, goodwill impairment, etc.

Even though certain revenue and expense items are naturally subject to more volatility than others due to changes in market and economic environment conditions, as a general rule volatility alone does not define a Significant Item. For example, changes in the provision for credit losses, gains/losses from investment activities, asset valuation write-downs, etc., reflect ordinary banking activities and are, therefore, typically excluded from consideration as a Significant Item.

Management believes the disclosure of “Significant Items”, when appropriate, aids analysts/investors in better understanding corporate performance and trends so that they can ascertain which of such items, if any, they may wish to include/exclude from their analysis of the company’s performance - i.e., within the context of determining how that performance differed from their expectations, as well as how, if at all, to adjust their estimates of future performance accordingly. To this end, Management has adopted a practice of listing “Significant Items” in its

“Significant Items” for any particular period are not intended to be a complete list of items that may materially impact current or future period performance. A number of items could materially impact these periods, including those described in Huntington’s 2016 Annual Report on Form 10-K and other factors described from time to time in Huntington’s other filings with the Securities and Exchange Commission.

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $102 billion of assets and a network of 958 branches and 1,860 ATMs across eight Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement and capital market services that extend beyond its core states. Visit huntington.com for more information.


•	$162 million, or 17%, year-over-year increase in fully-taxable equivalent revenue, comprised of a $135 million, or 21%, increase in fully-taxable equivalent net interest income and a $28 million, or 9%, increase in noninterest income


•	Net interest margin of 3.29%, an increase of 11 basis points from the year-ago quarter


•	$32 million, or 4%, year-over-year decrease in noninterest expense, including a net decrease of $128 million of FirstMerit acquisition-related expense


•	$7.6 billion, or 12%, year-over-year increase in average loans and leases, comprised of a $4.0 billion, or 14%, increase in consumer loans and a $3.5 billion, or 11%, increase in commercial loans


•	$5.6 billion, or 31%, year-over-year increase in average securities, including a net increase of $0.3 billion of direct purchase municipal instruments in our Commercial Banking segment


•	$11.5 billion, or 19%, year-over-year increase in average core deposits, driven by a $5.5 billion, or 45%, increase in interest-bearing demand deposits, a $2.7 billion, or 30%, increase in savings and other domestic deposits, and a $1.7 billion, or 8%, increase in noninterest-bearing demand deposits


•	Net charge-offs equated to 0.25% of average loans and leases, representing the fourteenth consecutive quarter below the long-term target range of 0.35% to 0.55%


•	Nonperforming asset ratio of 0.56%, down from 0.61% a quarter ago and 0.72% a year ago


•	Repurchase of $123 million of common stock (9.6 million shares at an average cost of $12.75 per share)


•	$0.37, or 6%, year-over-year increase in tangible book value per common share (TBVPS) to $6.85


(1)	Other nonperforming assets include certain impaired investment securities.


(3)	Total NPAs as a % of sum of loans and leases and other real estate.


(1)	Figures are estimated and are presented on a Basel III standardized approach basis.