SEGMENT REPORTING

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

Huntington’s business segments are based on our internally-aligned segment leadership structure, which is how management monitors results and assesses performance. The Company has four major business segments: Commercial Banking, Consumer and Business Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG). The Treasury / Other function includes technology and operations, other unallocated assets, liabilities, revenue, and expense. For a description of our business segments, see Note 25 - Segment Reporting to the Consolidated Financial Statements appearing in Huntington’s 2022 Annual Report on Form 10-K.

Listed in the following tables is certain operating basis financial information reconciled to Huntington’s March 31, 2023, December 31, 2022, and March 31, 2022, reported results by business segment.

	Three Months Ended March 31,
Income Statements	Commercial Banking		Consumer & Business Banking		Vehicle Finance		RBHPCG		Treasury / Other		Huntington Consolidated
(dollar amounts in millions)
2023
Net interest income	$	570	$	977	$	114	$	68	$	(320)	$	1,409
Provision (benefit) for credit losses	40		26		20		(1)		—		85
Noninterest income	157		223		3		117		12		512
Noninterest expense	280		630		41		81		54		1,086
Provision (benefit) for income taxes	85		114		12		22		(89)		144
Income attributable to non-controlling interest	4		—		—		—		—		4
Net income (loss) attributable to Huntington	$	318	$	430	$	44	$	83	$	(273)	$	602
2022
Net interest income	$	418	$	459	$	120	$	49	$	100	$	1,146
Provision (benefit) for credit losses	131		(109)		(7)		10		—		25
Noninterest income	141		272		3		66		17		499
Noninterest expense	248		612		45		81		67		1,053
Provision (benefit) for income taxes	38		47		18		5		(3)		105
Income attributable to non-controlling interest	2		—		—		—		—		2
Net income attributable to Huntington	$	140	$	181	$	67	$	19	$	53	$	460

	Assets at				Deposits at
(dollar amounts in millions)	March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022
Commercial Banking	$	65,183	$	63,812	$	35,243	$	37,509
Consumer & Business Banking	38,275		38,561		94,729		93,676
Vehicle Finance	21,767		21,461		1,018		1,136
RBHPCG	10,134		10,045		9,009		9,550
Treasury / Other	53,711		49,027		5,279		6,043
Total	$	189,070	$	182,906	$	145,278	$	147,914