Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

March 31, 2020

Table of Contents

Quarterly Key Statistics	1
Consolidated Balance Sheets	3
Loans and Leases Composition	4
Deposits Composition	5
Consolidated Quarterly Average Balance Sheets	6
Consolidated Quarterly Net Interest Margin - Interest Income / Expense	7
Consolidated Quarterly Net Interest Margin - Yield	8
Selected Quarterly Income Statement Data	9
Quarterly Mortgage Banking Income	10
Quarterly Credit Reserves Analysis	11
Quarterly Net Charge-Off Analysis	12
Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)	13
Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans	14
Quarterly Capital Under Current Regulatory Standards (Basel III) and Other Capital Data	15
Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data	16

Notes:

The preparation of financial statement data in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions that affect amounts reported. Actual results could differ from those estimates. Certain prior period amounts have been reclassified to conform to the current period’s presentation.

Fully-Taxable Equivalent Basis

Interest income, yields, and ratios on a FTE basis are considered non-GAAP financial measures.  Management believes net interest income on a FTE basis provides a more accurate picture of the interest margin for comparison purposes.  The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources.  The FTE basis assumes a federal statutory tax rate of 21 percent.

Non-Regulatory Capital Ratios

In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including:

• Tangible common equity to tangible assets, and

• Tangible common equity to risk-weighted assets using Basel III definition.

These non-regulatory capital ratios are viewed by management as useful additional methods of reflecting the level of capital available to withstand unexpected market conditions. Additionally, presentation of these ratios allows readers to compare the Company’s capitalization to other financial services companies. These ratios differ from capital ratios defined by banking regulators principally in that the numerator excludes preferred securities, the nature and extent of which varies among different financial services companies. These ratios are not defined in GAAP or federal banking regulations. As a result, these non-regulatory capital ratios disclosed by the Company may be considered non-GAAP financial measures.

Because there are no standardized definitions for these non-regulatory capital ratios, the Company’s calculation methods may differ from those used by other financial services companies. Also, there may be limits in the usefulness of these measures to investors. As a result, the Company encourages readers to consider the consolidated financial statements and other financial information contained in the related press release in their entirety, and not to rely on any single financial measure.

Huntington Bancshares Incorporated

Quarterly Key Statistics

(Unaudited)

	Three Months Ended
(dollar amounts in millions, except per share data)	March 31,			December 31,			March 31,			Percent Changes vs.
	2020			2019			2019			4Q19		1Q19
Net interest income (2)	$	796		$	786		$	829		1	%	(4	)%
FTE adjustment	(6		)	(6		)	(7		)	—		14
Net interest income	790			780			822			1		(4	)
Provision for credit losses	441			79			67			458		558
Noninterest income	361			372			319			(3	)	13
Noninterest expense	652			701			653			(7	)	—
Income before income taxes	58			372			421			(84	)	(86	)
Provision for income taxes	10			55			63			(82	)	(84	)
Net income	48			317			358			(85	)	(87	)
Dividends on preferred shares	18			19			19			(5	)	(5	)
Net income applicable to common shares	$	30		$	298		$	339		(90	)%	(91	)%
Net income per common share - diluted	$	0.03		$	0.28		$	0.32		(89	)%	(91	)%
Cash dividends declared per common share	0.15			0.15			0.14			—		7
Tangible book value per common share at end of period	8.28			8.25			7.67			—		8
Number of common shares repurchased	7,088			13,104			1,833			(46	)	287
Average common shares - basic	1,018			1,029			1,047			(1	)	(3	)
Average common shares - diluted	1,035			1,047			1,066			(1	)	(3	)
Ending common shares outstanding	1,014			1,020			1,046			(1	)	(3	)
Return on average assets	0.17		%	1.15		%	1.35		%
Return on average common shareholders’ equity	1.1			11.1			13.8
Return on average tangible common shareholders’ equity (1)	1.8			14.3			18.3
Net interest margin (2)	3.14			3.12			3.39
Efficiency ratio (3)	55.4			58.4			55.8
Effective tax rate	17.0			14.8			15.0
Average total assets	$	110,147		$	108,713		$	107,511		1		2
Average earning assets	101,783			100,062			99,212			2		3
Average loans and leases	75,696			75,103			74,775			1		1
Average loans and leases - linked quarter annualized growth rate	3.2		%	—		%	5.2		%
Average total deposits	$	82,733		$	82,592		$	82,772		—		—
Average core deposits (4)	79,528			79,690			79,033			—		1
Average core deposits - linked quarter annualized growth rate	(0.8		)%	1.8		%	(0.2		)%
Average shareholders’ equity	11,636			11,884			11,156			(2	)	4
Average common total shareholders' equity	10,433			10,681			9,953			(2	)	5
Average tangible common shareholders' equity	8,264			8,503			7,746			(3	)	7
Total assets at end of period	113,897			109,002			108,203			4		5
Total shareholders’ equity at end of period	11,769			11,795			11,432			—		3
NCOs as a % of average loans and leases	0.62		%	0.39		%	0.38		%
NAL ratio	0.72			0.62			0.56
NPA ratio (5)	0.75			0.66			0.61
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period	1.93			1.04			1.02
Common equity tier 1 risk-based capital ratio (6)	9.47			9.88			9.84
Tangible common equity / tangible asset ratio (7)	7.52			7.88			7.57

See Notes to the Quarterly Key Statistics.

1

Key Statistics Footnotes

(1) Net income applicable to common shares excluding expense for amortization of intangibles for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill. Expense for amortization of intangibles and average intangible assets are net of deferred tax liability, and calculated assuming a 21% tax rate.

(2) On a fully-taxable equivalent (FTE) basis assuming a 21% tax rate.

(3) Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding securities gains (losses).

(4) Includes noninterest-bearing and interest-bearing demand deposits, money market deposits, savings and other domestic deposits, and core certificates of deposit.

(5) NPAs include other real estate owned.

(6) March 31, 2020, figures are estimated.

(7) Tangible common equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets). Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate.

2

Huntington Bancshares Incorporated

Consolidated Balance Sheets

	March 31,			December 31,
(dollar amounts in millions)	2020			2019			Percent Changes
	(Unaudited)
Assets
Cash and due from banks	$	1,431		$	1,045		37	%
Interest-bearing deposits in Federal Reserve Bank	336			125			169
Interest-bearing deposits in banks	137			102			34
Trading account securities	36			99			(64	)
Available-for-sale securities	14,622			14,149			3
Held-to-maturity securities	10,193			9,070			12
Other securities	488			441			11
Loans held for sale	997			877			14
Loans and leases (1)	78,035			75,404			3
Allowance for loan and lease losses	(1,504		)	(783		)	(92	)
Net loans and leases	76,531			74,621			3
Bank owned life insurance	2,551			2,542			—
Premises and equipment	743			763			(3	)
Goodwill	1,990			1,990			—
Service rights and other intangible assets	417			475			(12	)
Other assets	3,425			2,703			27
Total assets	$	113,897		$	109,002		4	%
Liabilities and shareholders’ equity
Liabilities
Deposits (2)	$	86,830		$	82,347		5	%
Short-term borrowings	2,826			2,606			8
Long-term debt	9,796			9,849			(1	)
Other liabilities	2,676			2,405			11
Total liabilities	102,128			97,207			5
Shareholders' equity
Preferred stock	1,203			1,203			—
Common stock	10			10			—
Capital surplus	8,728			8,806			(1	)
Less treasury shares, at cost	(56		)	(56		)	—
Accumulated other comprehensive loss	227			(256		)	189
Retained earnings (deficit)	1,657			2,088			(21	)
Total shareholders’ equity	11,769			11,795			—
Total liabilities and shareholders’ equity	$	113,897		$	109,002		4	%
Common shares authorized (par value of $0.01)	1,500,000,000			1,500,000,000
Common shares outstanding	1,014,218,094			1,020,003,482
Treasury shares outstanding	4,534,022			4,537,605
Preferred stock, authorized shares	6,617,808			6,617,808
Preferred shares outstanding	740,500			740,500

(1) See page 5 for detail of loans and leases.

(2) See page 6 for detail of deposits.

3

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)

	March 31,				December 31,				September 30,				June 30,				March 31,
(dollar amounts in millions)	2020				2019				2019				2019				2019
Ending Balances by Type:
Total loans
Commercial:
Commercial and industrial	$	32,959	42	%	$	30,664	41	%	$	30,394	41	%	$	30,608	41	%	$	30,972	41	%
Commercial real estate:
Construction	1,180		2		1,123		1		1,157		2		1,146		1		1,152		2
Commercial	5,793		7		5,551		7		5,698		8		5,742		8		5,643		8
Commercial real estate	6,973		9		6,674		8		6,855		10		6,888		9		6,795		10
Total commercial	39,932		51		37,338		49		37,249		51		37,496		50		37,767		51
Consumer:
Automobile	12,907		17		12,797		17		12,292		15		12,173		16		12,272		16
Home equity	9,010		11		9,093		12		9,300		12		9,419		12		9,551		13
Residential mortgage	11,398		15		11,376		15		11,247		15		11,182		15		10,885		14
RV and marine	3,643		5		3,563		5		3,553		5		3,492		5		3,344		4
Other consumer	1,145		1		1,237		2		1,251		2		1,271		2		1,260		2
Total consumer	38,103		49		38,066		51		37,643		49		37,537		50		37,312		49
Total loans and leases	$	78,035	100	%	$	75,404	100	%	$	74,892	100	%	$	75,033	100	%	$	75,079	100	%

	March 31,				December 31,				September 30,				June 30,					March 31,
(dollar amounts in millions)	2020				2019				2019				2019					2019
Ending Balances by Business Segment:
Consumer and Business Banking	$	21,544	28	%	$	21,716	29	%	$	21,963	30	%	$	22,128		30	%	$	22,175	29	%
Commercial Banking	29,421		38		27,050		36		27,090		36		27,311			36		27,554		37
Vehicle Finance	20,552		26		20,190		27		19,484		26		19,417			26		19,332		26
RBHPCG	6,457		8		6,366		8		6,294		8		6,179			8		5,954		8
Treasury / Other	61		—		82		—		61		—		(2		)	—		64		—
Total loans and leases	$	78,035	100	%	$	75,404	100	%	$	74,892	100	%	$	75,033		100	%	$	75,079	100	%
Average Balances by Business Segment:
Consumer and Business Banking	$	21,593	29	%	$	21,845	30	%	$	22,092	30	%	$	22,139		30	%	$	22,241	30	%
Commercial Banking	27,238		36		26,993		36		27,295		36		27,350			36		27,174		36
Vehicle Finance	20,307		27		19,852		26		19,370		26		19,298			26		19,340		26
RBHPCG	6,415		8		6,314		8		6,237		8		6,054			8		5,920		8
Treasury / Other	143		—		99		—		102		—		91			—		100		—
Total loans and leases	$	75,696	100	%	$	75,103	100	%	$	75,096	100	%	$	74,932		100	%	$	74,775	100	%

4

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)

	March 31,				December 31,				September 30,				June 30,				March 31,
(dollar amounts in millions)	2020				2019				2019				2019				2019
Ending Balances by Type:
Demand deposits - noninterest-bearing	$	21,039	24	%	$	20,247	25	%	$	20,553	25	%	$	19,383	24	%	$	20,036	24	%
Demand deposits - interest-bearing	23,115		27		20,583		25		19,976		24		19,085		24		19,906		24
Money market deposits	25,068		29		24,726		30		23,977		29		23,952		30		22,931		28
Savings and other domestic deposits	9,845		11		9,549		12		9,566		12		9,803		12		10,277		13
Core certificates of deposit (1)	3,599		4		4,356		5		5,443		7		5,703		7		6,007		7
Total core deposits	82,666		95		79,461		97		79,515		97		77,926		97		79,157		96
Other domestic deposits of $250,000 or more	276		—		313		—		326		—		316		—		313		1
Brokered deposits and negotiable CDs	3,888		5		2,573		3		2,554		3		2,640		3		2,685		3
Total deposits	$	86,830	100	%	$	82,347	100	%	$	82,395	100	%	$	80,882	100	%	$	82,155	100	%
Total core deposits:
Commercial	$	38,064	46	%	$	34,957	44	%	$	35,247	44	%	$	33,371	43	%	$	33,546	42	%
Consumer	44,602		54		44,504		56		44,268		56		44,555		57		45,611		58
Total core deposits	$	82,666	100	%	$	79,461	100	%	$	79,515	100	%	$	77,926	100	%	$	79,157	100	%
Ending Balances by Business Segment:
Consumer and Business Banking	$	51,898	60	%	$	51,675	63	%	$	51,671	63	%	$	51,577	64	%	$	52,354	64	%
Commercial Banking	23,530		27		20,762		25		21,088		26		20,049		25		20,543		25
Vehicle Finance	525		1		376		—		363		—		339		—		327		—
RBHPCG	6,265		7		6,370		8		6,101		7		5,863		7		5,959		7
Treasury / Other (2)	4,612		5		3,164		4		3,172		4		3,054		4		2,972		4
Total deposits	$	86,830	100	%	$	82,347	100	%	$	82,395	100	%	$	80,882	100	%	$	82,155	100	%

	March 31,				December 31,				September 30,				June 30,				March 31,
(dollar amounts in millions)	2020				2019				2019				2019				2019
Average Balances by Business Segment:
Consumer and Business Banking	$	51,296	62	%	$	52,059	63	%	$	51,604	63	%	$	51,935	64	%	$	50,961	62	%
Commercial Banking	21,525		26		20,974		25		21,227		26		20,361		25		21,739		26
Vehicle Finance	366		—		347		—		359		—		322		—		305		—
RBHPCG	6,100		7		6,113		7		5,958		7		5,918		7		5,942		7
Treasury / Other (2)	3,446		5		3,099		5		3,101		4		3,182		4		3,825		5
Total deposits	$	82,733	100	%	$	82,592	100	%	$	82,249	100	%	$	81,718	100	%	$	82,772	100	%

(1) Includes consumer certificates of deposit of $250,000 or more.

(2) Comprised primarily of national market deposits.

5

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)

	Quarterly Average Balances (1)
	March 31,			December 31,			September 30,			June 30,			March 31,			Percent Changes vs.
(dollar amounts in millions)	2020			2019			2019			2019			2019			4Q19		1Q19
Assets
Interest-bearing deposits in Federal Reserve Bank	$	680		$	672		$	514		$	518		$	501		1	%	36	%
Interest-bearing deposits in banks	150			176			149			135			109			(15	)	38
Securities:
Trading account securities	95			109			137			161			138			(13	)	(31	)
Available-for-sale securities:
Taxable	11,671			11,221			11,096			10,501			10,752			4		9
Tax-exempt	2,753			2,791			2,820			2,970			3,048			(1	)	(10	)
Total available-for-sale securities	14,424			14,012			13,916			13,471			13,800			3		5
Held-to-maturity securities - taxable	9,428			8,592			8,566			8,771			8,653			10		9
Other securities	445			448			437			466			536			(1	)	(17	)
Total securities	24,392			23,161			23,056			22,869			23,127			5		5
Loans held for sale	865			950			877			734			700			(9	)	24
Loans and leases: (2)
Commercial:
Commercial and industrial	30,849			30,373			30,632			30,644			30,546			2		1
Commercial real estate:
Construction	1,165			1,181			1,165			1,168			1,174			(1	)	(1	)
Commercial	5,566			5,625			5,762			5,732			5,686			(1	)	(2	)
Commercial real estate	6,731			6,806			6,927			6,900			6,860			(1	)	(2	)
Total commercial	37,580			37,179			37,559			37,544			37,406			1		—
Consumer:
Automobile	12,924			12,607			12,181			12,219			12,361			3		5
Home equity	9,026			9,192			9,353			9,482			9,641			(2	)	(6	)
Residential mortgage	11,391			11,330			11,214			11,010			10,787			1		6
RV and marine	3,590			3,564			3,528			3,413			3,296			1		9
Other consumer	1,185			1,231			1,261			1,264			1,284			(4	)	(8	)
Total consumer	38,116			37,924			37,537			37,388			37,369			1		2
Total loans and leases	75,696			75,103			75,096			74,932			74,775			1		1
Allowance for loan and lease losses	(1,239		)	(787		)	(799		)	(778		)	(780		)	(57	)	(59	)
Net loans and leases	74,457			74,316			74,297			74,154			73,995			—		1
Total earning assets	101,783			100,062			99,692			99,188			99,212			2		3
Cash and due from banks	914			864			817			835			853			6		7
Intangible assets	2,217			2,228			2,240			2,252			2,265			—		(2	)
All other assets	6,472			6,346			6,216			5,982			5,961			2		9
Total assets	$	110,147		$	108,713		$	108,166		$	107,479		$	107,511		1	%	2	%
Liabilities and shareholders’ equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	21,202		$	20,140		$	19,796		$	19,693		$	19,770		5	%	7	%
Money market deposits	24,697			24,560			24,266			23,305			22,935			1		8
Savings and other domestic deposits	9,632			9,552			9,681			10,105			10,338			1		(7	)
Core certificates of deposit (3)	3,943			4,795			5,666			5,860			6,052			(18	)	(35	)
Other domestic deposits of $250,000 or more	321			313			315			310			335			3		(4	)
Brokered deposits and negotiable CDs	2,884			2,589			2,599			2,685			3,404			11		(15	)
Total interest-bearing deposits	62,679			61,949			62,323			61,958			62,834			1		—
Short-term borrowings	3,383			1,965			2,331			3,166			2,320			72		46
Long-term debt	10,076			9,886			9,536			8,914			8,979			2		12
Total interest-bearing liabilities	76,138			73,800			74,190			74,038			74,133			3		3
Demand deposits - noninterest-bearing	20,054			20,643			19,926			19,760			19,938			(3	)	1
All other liabilities	2,319			2,386			2,336			2,206			2,284			(3	)	2
Shareholders’ equity	11,636			11,884			11,714			11,475			11,156			(2	)	4
Total liabilities and shareholders’ equity	$	110,147		$	108,713		$	108,166		$	107,479		$	107,511		1	%	2	%

(1) Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

(2) Includes nonaccrual loans.

(3) Includes consumer certificates of deposit of $250,000 or more.

6

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Interest Income / Expense (1)(2)

(Unaudited)

	Quarterly Interest Income / Expense
	March 31,		December 31,		September 30,		June 30,		March 31,
(dollar amounts in millions)	2020		2019		2019		2019		2019
Assets
Interest-bearing deposits in Federal Reserve Bank	$	2	$	3	$	3	$	3	$	3
Interest-bearing deposits in banks	1		1		1		—		1
Securities:
Trading account securities	1		1		—		1		1
Available-for-sale securities:
Taxable	76		73		74		72		76
Tax-exempt	23		24		26		27		28
Total available-for-sale securities	99		97		100		99		104
Held-to-maturity securities - taxable	59		54		54		56		54
Other securities	2		3		3		4		6
Total securities	161		155		157		160		165
Loans held for sale	7		8		9		7		7
Loans and leases:
Commercial:
Commercial and industrial	318		335		358		373		375
Commercial real estate:
Construction	14		15		16		17		16
Commercial	56		63		68		71		71
Commercial real estate	70		78		84		88		87
Total commercial	388		413		442		461		462
Consumer:
Automobile	130		131		126		123		120
Home equity	107		117		127		131		133
Residential mortgage	105		105		107		106		104
RV and marine	44		45		44		42		40
Other consumer	36		39		42		42		42
Total consumer	422		437		446		444		439
Total loans and leases	810		850		888		905		901
Total earning assets	$	981	$	1,017	$	1,058	$	1,075	$	1,077
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	23	$	32	$	29	$	28	$	27
Money market deposits	50		61		73		67		59
Savings and other domestic deposits	4		5		5		6		6
Core certificates of deposit (3)	19		25		31		32		31
Other domestic deposits of $250,000 or more	1		3		1		1		2
Brokered deposits and negotiable CDs	8		10		15		16		20
Total interest-bearing deposits	105		136		154		150		145
Short-term borrowings	12		8		13		19		14
Long-term debt	68		87		86		87		89
Total interest bearing liabilities	185		231		253		256		248
Net interest income	$	796	$	786	$	805	$	819	$	829

(1) Fully-taxable equivalent (FTE) income and expense calculated assuming a 21% tax rate. See page 9 for the FTE adjustment.

(2) Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

(3) Includes consumer certificates of deposit of $250,000 or more.

7

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Yield

(Unaudited)

	Quarterly Average Rates
	March 31,		December 31,		September 30,		June 30,		March 31,
Fully-taxable equivalent basis (1)	2020		2019		2019		2019		2019
Assets
Interest-bearing deposits in Federal Reserve Bank	1.08	%	1.66	%	2.19	%	2.38	%	2.40	%
Interest-bearing deposits in banks	1.52		1.81		2.38		2.08		1.75
Securities:
Trading account securities	3.21		2.45		2.36		1.92		2.03
Available-for-sale securities:
Taxable	2.62		2.63		2.67		2.73		2.82
Tax-exempt	3.30		3.43		3.63		3.66		3.69
Total available-for-sale securities	2.75		2.79		2.87		2.94		3.01
Held-to-maturity securities - taxable	2.50		2.50		2.51		2.54		2.52
Other securities	2.07		2.57		3.15		3.44		4.51
Total securities	2.64		2.68		2.74		2.79		2.86
Loans held for sale	3.39		3.40		3.69		4.00		4.07
Loans and leases: (3)
Commercial:
Commercial and industrial	4.12		4.31		4.57		4.82		4.91
Commercial real estate:
Construction	4.75		5.07		5.50		5.59		5.58
Commercial	4.00		4.36		4.67		4.88		5.00
Commercial real estate	4.13		4.48		4.81		5.00		5.10
Total commercial	4.12		4.34		4.61		4.85		4.94
Consumer:
Automobile	4.05		4.15		4.09		4.02		3.95
Home equity	4.75		5.03		5.38		5.56		5.61
Residential mortgage	3.70		3.73		3.80		3.84		3.86
RV and marine	4.91		4.96		4.96		4.94		4.96
Other consumer	12.39		12.71		13.34		13.29		13.07
Total consumer	4.45		4.59		4.72		4.76		4.75
Total loans and leases	4.29		4.47		4.67		4.80		4.85
Total earning assets	3.88		4.03		4.21		4.35		4.40
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	0.43		0.63		0.57		0.58		0.56
Money market deposits	0.81		0.99		1.20		1.15		1.04
Savings and other domestic deposits	0.17		0.20		0.22		0.23		0.23
Core certificates of deposit (4)	1.91		2.09		2.17		2.15		2.11
Other domestic deposits of $250,000 or more	1.56		1.70		1.85		1.92		1.82
Brokered deposits and negotiable CDs	1.22		1.67		2.21		2.39		2.38
Total interest-bearing deposits	0.68		0.87		0.98		0.97		0.94
Short-term borrowings	1.46		1.66		2.28		2.41		2.41
Long-term debt	2.70		3.50		3.59		3.91		3.98
Total interest-bearing liabilities	0.98		1.24		1.36		1.39		1.35
Demand deposits - noninterest-bearing	—		—		—		—		—
Net interest rate spread	2.90		2.79		2.85		2.96		3.05
Impact of noninterest-bearing funds on margin	0.24		0.33		0.35		0.35		0.34
Net interest margin	3.14	%	3.12	%	3.20	%	3.31	%	3.39	%

Commercial Loan Derivative Impact
(Unaudited)
	Average Rates
	2020		2019		2019		2019		2019
Fully-taxable equivalent basis (1)	First		Fourth		Third		Second		First
Commercial loans (2)(3)	4.08	%	4.36	%	4.70	%	4.88	%	4.95	%
Impact of commercial loan derivatives	0.04		(0.02	)	(0.09	)	(0.03	)	(0.01	)
Total commercial - as reported	4.12	%	4.34	%	4.61	%	4.85	%	4.94	%
Average 1 Month LIBOR	1.41	%	1.79	%	2.18	%	2.44	%	2.50	%

(1) Fully-taxable equivalent (FTE) yields are calculated assuming a 21% tax rate. See page 9 for the FTE adjustment.

(2) Yield/rates exclude the effects of hedge and risk management activities associated with the respective asset and liability categories.

(3) Includes nonaccrual loans.

(4) Includes consumer certificates of deposit of $250,000 or more.

8

Huntington Bancshares Incorporated

Selected Quarterly Income Statement Data

(Unaudited)

	Three Months Ended
(dollar amounts in millions, except per share data)	March 31,		December 31,			September 30,		June 30,			March 31,
	2020		2019			2019		2019			2019
Interest income	$	975	$	1,011		$	1,052	$	1,068		$	1,070
Interest expense	185		231			253		256			248
Net interest income	790		780			799		812			822
Provision for credit losses	441		79			82		59			67
Net interest income after provision for credit losses	349		701			717		753			755
Service charges on deposit accounts	87		95			98		92			87
Card and payment processing income	58		64			64		63			56
Trust and investment management services	47		47			44		43			44
Mortgage banking income	58		58			54		34			21
Capital markets fees	33		31			36		34			22
Insurance income	23		24			20		23			21
Bank owned life insurance income	16		17			18		15			16
Gain on sale of loans and leases	8		16			13		13			13
Net (losses) gains on sales of securities	—		(22		)	—		(2		)	—
Other noninterest income	31		42			42		59			39
Total noninterest income	361		372			389		374			319
Personnel costs	395		426			406		428			394
Outside data processing and other services	85		89			87		89			81
Equipment	41		42			41		40			40
Net occupancy	40		41			38		38			42
Professional services	11		14			16		12			12
Amortization of intangibles	11		12			12		12			13
Marketing	9		9			10		11			7
Deposit and other insurance expense	9		10			8		8			8
Other noninterest expense	51		58			49		62			56
Total noninterest expense	652		701			667		700			653
Income before income taxes	58		372			439		427			421
Provision for income taxes	10		55			67		63			63
Net income	48		317			372		364			358
Dividends on preferred shares	18		19			18		18			19
Net income applicable to common shares	$	30	$	298		$	354	$	346		$	339
Average common shares - basic	1,018		1,029			1,035		1,045			1,047
Average common shares - diluted	1,035		1,047			1,051		1,060			1,066
Per common share
Net income - basic	$	0.03	$	0.29		$	0.34	$	0.33		$	0.32
Net income - diluted	0.03		0.28			0.34		0.33			0.32
Cash dividends declared	0.15		0.15			0.15		0.14			0.14
Revenue - fully-taxable equivalent (FTE)
Net interest income	$	790	$	780		$	799	$	812		$	822
FTE adjustment	6		6			6		7			7
Net interest income (1)	796		786			805		819			829
Noninterest income	361		372			389		374			319
Total revenue (1)	$	1,157	$	1,158		$	1,194	$	1,193		$	1,148

(1) On a fully-taxable equivalent (FTE) basis assuming a 21% tax rate.

9

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Noninterest Income

(Unaudited)

	Three Months Ended
	March 31,			December 31,			September 30,			June 30,			March 31,			Percent Changes vs.
(dollar amounts in millions)	2020			2019			2019			2019			2019			4Q19		1Q19
Net origination and secondary marketing income	$	45		$	43		$	42		$	30		$	17		5	%	165	%
Net mortgage servicing income
Loan servicing income	16			15			15			15			14			7		14
Amortization of capitalized servicing	(9		)	(13		)	(13		)	(10		)	(9		)	31		—
Operating income	7			2			2			5			5			250		40
MSR valuation adjustment (1)	(53		)	25			(11		)	(19		)	(10		)	(312	)	(430	)
Gains (losses) due to MSR hedging	57			(14		)	19			17			7			507		714
Net MSR risk management	4			11			8			(2		)	(3		)	(64	)	233
Total net mortgage servicing income	$	11		$	13		$	10		$	3		$	2		(15	)%	450	%
All other	2			2			2			1			2			—		—
Mortgage banking income	$	58		$	58		$	54		$	34		$	21		—	%	176	%
Mortgage origination volume	$	2,136		$	2,490		$	2,097		$	1,922		$	1,235		(14	)%	73	%
Mortgage origination volume for sale	1,409			1,518			1,483			1,181			756			(7	)	86
Third party mortgage loans serviced (2)	22,775			22,425			21,674			21,486			21,346			2		7
Mortgage servicing rights (2)	165			212			180			192			212			(22	)	(22	)
MSR % of investor servicing portfolio (2)	0.72		%	0.95		%	0.83		%	0.90		%	0.99		%	(24	)%	(27	)%

(1) The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.

(2) At period end.

10

Huntington Bancshares Incorporated

Quarterly Credit Reserves Analysis

(Unaudited)

	Three Months Ended
	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Allowance for loan and lease losses, beginning of period	$	783		$	783		$	774		$	764		$	772
Cumulative-effect of change in accounting principle for financial instruments - credit losses (ASU 2016-13)	391			—			—			—			—
Loan and lease losses	(136		)	(93		)	(102		)	(70		)	(97		)
Recoveries of loans previously charged off	19			20			29			22			26
Net loan and lease losses	(117		)	(73		)	(73		)	(48		)	(71		)
Provision for loan and lease losses	447			74			82			58			63
Allowance of assets sold or transferred to loans held for sale	—			(1		)	—			—			—
Allowance for loan and lease losses, end of period	1,504			783			783			774			764
Allowance for unfunded loan commitments and letters of credit, beginning of period	104			101			101			100			96
Cumulative-effect of change in accounting principle for financial instruments - credit losses (ASU 2016-13)	2
Provision for (reduction in) unfunded loan commitments and letters of credit losses	(6		)	5			—			1			4
Unfunded commitment losses	(1		)	(2		)	—			—			—
Allowance for unfunded loan commitments and letters of credit, end of period	99			104			101			101			100
Total allowance for credit losses, end of period	$	1,603		$	887		$	884		$	875		$	864
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.93		%	1.04		%	1.05		%	1.03		%	1.02		%
Nonaccrual loans and leases (NALs)	270			167			179			182			183
Nonperforming assets (NPAs)	257			157			163			168			166
Total allowance for credit losses (ACL) as % of:
Total loans and leases	2.05		%	1.18		%	1.18		%	1.17		%	1.15		%
Nonaccrual loans and leases (NALs)	287			190			202			206			207
Nonperforming assets (NPAs)	273			178			184			190			186

11

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)

	Three Months Ended
	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	84		$	36		$	40		$	21		$	31
Commercial real estate:
Construction	—			—			(1		)	(1		)	—
Commercial	(1		)	—			(1		)	(2		)	2
Commercial real estate	(1		)	—			(2		)	(3		)	2
Total commercial	83			36			38			18			33
Consumer:
Automobile	7			9			8			5			10
Home equity	5			1			2			2			3
Residential mortgage	1			1			1			1			3
RV and marine	2			4			2			2			3
Other consumer	19			22			22			20			19
Total consumer	34			37			35			30			38
Total net charge-offs	$	117		$	73		$	73		$	48		$	71
	Three Months Ended
	March 31,			December 31,			September 30,			June 30,			March 31,
	2020			2019			2019			2019			2019
Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial	1.09		%	0.47		%	0.52		%	0.27		%	0.41		%
Commercial real estate:
Construction	0.08			(0.03		)	(0.40		)	(0.08		)	(0.11		)
Commercial	(0.06		)	0.01			(0.09		)	(0.12		)	0.12
Commercial real estate	(0.03		)	—			(0.14		)	(0.12		)	0.08
Total commercial	0.89			0.38			0.40			0.20			0.35
Consumer:
Automobile	0.22			0.30			0.26			0.17			0.32
Home equity	0.19			0.02			0.11			0.07			0.12
Residential mortgage	0.02			0.04			0.03			0.05			0.10
RV and marine	0.27			0.39			0.23			0.25			0.39
Other consumer	6.45			7.26			7.07			6.02			6.29
Total consumer	0.35			0.39			0.38			0.31			0.41
Net charge-offs as a % of average loans	0.62		%	0.39		%	0.39		%	0.25		%	0.38		%

12

Huntington Bancshares Incorporated

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)

	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	396		$	323		$	291		$	281		$	271
Commercial real estate	30			10			12			17			9
Automobile	6			4			5			4			4
Home equity	58			59			60			60			64
Residential mortgage	66			71			69			62			68
RV and marine	2			1			1			1			1
Other consumer	—			—			—			—			—
Total nonaccrual loans and leases	558			468			438			425			417
Other real estate, net:
Residential	8			9			10			10			14
Commercial	2			2			2			4			4
Total other real estate, net	10			11			12			14			18
Other NPAs (1)	18			19			32			21			26
Total nonperforming assets	$	586		$	498		$	482		$	460		$	461
Nonaccrual loans and leases as a % of total loans and leases	0.72		%	0.62		%	0.58		%	0.57		%	0.56		%
NPA ratio (2)	0.75			0.66			0.64			0.61			0.61
(NPA+90days)/(Loan+OREO) (3)	0.96			0.89			0.86			0.82			0.81

	Three Months Ended
	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Nonperforming assets, beginning of period	$	498		$	482		$	460		$	461		$	387
New nonperforming assets	274			175			165			117			218
Returns to accruing status	(18		)	(20		)	(24		)	(16		)	(33		)
Loan and lease losses	(91		)	(48		)	(66		)	(34		)	(46		)
Payments	(70		)	(63		)	(38		)	(54		)	(33		)
Sales	(7		)	(28		)	(15		)	(14		)	(32		)
Nonperforming assets, end of period	$	586		$	498		$	482		$	460		$	461

(1) Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.

(2) Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.

(3) The sum of nonperforming assets and total accruing loans and leases past due 90 days or more divided by the sum of loans and leases and other real estate.

13

Huntington Bancshares Incorporated

Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans

(Unaudited)

	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Accruing loans and leases past due 90+ days:
Commercial and industrial	$	10		$	11		$	9		$	5		$	3
Commercial real estate	—			—			—			—			—
Automobile	8			8			8			7			6
Home equity	12			14			13			15			15
Residential mortgage (excluding loans guaranteed by the U.S. Government)	21			20			23			27			25
RV and marine	2			2			1			1			2
Other consumer	4			7			7			5			5
Total, excl. loans guaranteed by the U.S. Government	57			62			61			60			56
Add: loans guaranteed by U.S. Government	110			109			102			92			91
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government	$	167		$	171		$	163		$	152		$	147
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.07		%	0.08		%	0.08		%	0.08		%	0.07		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.14			0.14			0.14			0.12			0.12
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.21			0.23			0.22			0.20			0.20
Accruing troubled debt restructured loans:
Commercial and industrial	$	219		$	213		$	225		$	245		$	270
Commercial real estate	37			37			40			48			60
Automobile	42			40			39			37			37
Home equity	219			226			233			241			247
Residential mortgage	227			223			221			221			219
RV and marine	3			3			3			2			2
Other consumer	11			11			10			10			9
Total accruing troubled debt restructured loans	$	758		$	753		$	771		$	804		$	844
Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	119		$	109		$	84		$	88		$	86
Commercial real estate	4			6			6			6			6
Automobile	2			2			3			3			3
Home equity	25			26			26			26			28
Residential mortgage	42			42			44			43			43
RV and marine	2			1			1			1			1
Other consumer	—			—			—			—			—
Total nonaccruing troubled debt restructured loans	$	194		$	186		$	164		$	167		$	167

14

Huntington Bancshares Incorporated

Quarterly Capital Under Current Regulatory Standards (Basel III) and Other Capital Data

(Unaudited)

	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Common equity tier 1 risk-based capital ratio: (1)
Total shareholders’ equity	$	11,769		$	11,795		$	11,909		$	11,668		$	11,432
Regulatory capital adjustments:
CECL transitional amount (2)	386
Shareholders’ preferred equity	(1,207		)	(1,207		)	(1,207		)	(1,207		)	(1,207		)
Accumulated other comprehensive income offset	(227		)	256			175			273			455
Goodwill and other intangibles, net of related taxes	(2,141		)	(2,153		)	(2,162		)	(2,174		)	(2,187		)
Deferred tax assets that arise from tax loss and credit carryforwards	(42		)	(44		)	(30		)	(30		)	(31		)
Common equity tier 1 capital	8,538			8,647			8,685			8,530			8,462
Additional tier 1 capital
Shareholders’ preferred equity	1,207			1,207			1,207			1,207			1,207
Other	1			—			1			—			1
Tier 1 capital	9,746			9,854			9,893			9,737			9,670
Long-term debt and other tier 2 qualifying instruments	619			672			750			727			736
Qualifying allowance for loan and lease losses	1,127			887			884			875			864
Tier 2 capital	1,746			1,559			1,634			1,602			1,600
Total risk-based capital	$	11,492		$	11,413		$	11,527		$	11,339		$	11,270
Risk-weighted assets (RWA)(1)	$	90,174		$	87,512		$	86,719		$	86,332		$	85,966
Common equity tier 1 risk-based capital ratio (1)	9.47		%	9.88		%	10.02		%	9.88		%	9.84		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	9.01			9.26			9.34			9.24			9.16
Tier 1 risk-based capital ratio (1)	10.81			11.26			11.41			11.28			11.25
Total risk-based capital ratio (1)	12.74			13.04			13.29			13.13			13.11
Non-regulatory capital data:
Tangible common equity / RWA ratio (1)	9.32			9.62			9.83			9.58			9.34

(1) March 31, 2020, figures are estimated.

(2) The CECL transitional amount includes the impact of Huntington's adoption of the new CECL accounting standard on January 1, 2020 and 25 percent of the increase in reserves from January 1, 2020 through March 31, 2020.

15

Huntington Bancshares Incorporated

Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data

(Unaudited)

Quarterly common stock summary

	March 31,		December 31,		September 30,		June 30,		March 31,
	2020		2019		2019		2019		2019
Dividends, per share
Cash dividends declared per common share	$	0.15	$	0.15	$	0.15	$	0.14	$	0.14
Common shares outstanding
Average - basic	1,018		1,029		1,035		1,045		1,047
Average - diluted	1,035		1,047		1,051		1,060		1,066
Ending	1,014		1,020		1,033		1,038		1,046
Tangible book value per common share (1)	$	8.28	$	8.25	$	8.25	$	7.97	$	7.67
Common share repurchases
Number of shares repurchased	7		13		5		11		2

Non-regulatory capital

	March 31,			December 31,			September 30,			June 30,			March 31,
(dollar amounts in millions)	2020			2019			2019			2019			2019
Calculation of tangible equity / asset ratio:
Total shareholders’ equity	$	11,769		$	11,795		$	11,909		$	11,668		$	11,432
Less: goodwill	(1,990		)	(1,990		)	(1,990		)	(1,990		)	(1,990		)
Less: other intangible assets	(222		)	(232		)	(244		)	(257		)	(269		)
Add: related deferred tax liability (1)	47			49			51			54			56
Total tangible equity	9,604			9,622			9,726			9,475			9,229
Less: preferred equity	(1,203		)	(1,203		)	(1,203		)	(1,203		)	(1,203		)
Total tangible common equity	$	8,401		$	8,419		$	8,523		$	8,272		$	8,026
Total assets	$	113,897		$	109,002		$	108,735		$	108,247		$	108,203
Less: goodwill	(1,990		)	(1,990		)	(1,990		)	(1,990		)	(1,990		)
Less: other intangible assets	(222		)	(232		)	(244		)	(257		)	(269		)
Add: related deferred tax liability (1)	47			49			51			54			56
Total tangible assets	$	111,732		$	106,829		$	106,552		$	106,054		$	106,000
Tangible equity / tangible asset ratio	8.60		%	9.01		%	9.13		%	8.93		%	8.71		%
Tangible common equity / tangible asset ratio	7.52			7.88			8.00			7.80			7.57
Other data:
Number of employees (Average full-time equivalent)	15,386			15,495			15,659			15,780			15,738
Number of domestic full-service branches (2)	839			868			868			868			898
ATM Count	1,434			1,448			1,442			1,687			1,727

(1) Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate.

(2) Includes Regional Banking and The Huntington Private Client Group offices.

16