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NONINTEREST INCOME
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
NONINTEREST INCOME NONINTEREST INCOME
Huntington earns a variety of revenue including interest and fees from customers as well as revenues from non-customers. Certain sources of revenue are recognized within interest or fee income and are outside of the scope of ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”). Other sources of revenue fall within the scope of ASC 606 and are generally recognized within noninterest income. These revenues are included within various sections of the Unaudited Consolidated Financial Statements. The following table shows Huntington’s total noninterest income segregated between contracts with customers within the scope of ASC 606 and those within the scope of other GAAP Topics.
(dollar amounts in millions)Three months ended June 30,Six months ended June 30,
Noninterest income2023202220232022
Noninterest income from contracts with customers$332 $322 $709 $630 
Noninterest income within the scope of other GAAP topics163 163 298 354 
Total noninterest income$495 $485 $1,007 $984 
The following table illustrates the disaggregation by operating segment and major revenue stream and reconciles disaggregated revenue to segment revenue presented in Note 16 “Segment Reporting”.
(dollar amounts in millions)Consumer & Regional BankingCommercial BankingTreasury / OtherHuntington Consolidated
Major Revenue Streams
Three months ended June 30, 2023
Service charges on deposit accounts $69 $18 $— $87 
Card and payment processing income89 7 — 96 
Trust and investment management services61 7 — 68 
Insurance income27 3 — 30 
Capital markets fees4 20 — 24 
Other noninterest income7 21 (1)27 
Net revenue from contracts with customers257 76 (1)332 
Noninterest income within the scope of
other GAAP topics
45 91 27 163 
Total noninterest income$302 $167 $26 $495 
Three months ended June 30, 2022
Service charges on deposit accounts $83 $22 $— $105 
Card and payment processing income84 5 — 89 
Trust and investment management services61 2 — 63 
Insurance income26 2 (1)27 
Capital markets fees4 7 — 11 
Other noninterest income6 21 — 27 
Net revenue from contracts with customers264 59 (1)322 
Noninterest income within the scope of
other GAAP topics
68 91 4 163 
Total noninterest income$332 $150 $3 $485 
Six months ended June 30, 2023
Service charges on deposit accounts $133 $37 $— $170 
Card and payment processing income169 13 — 182 
Trust and investment management services123 7 — 130 
Insurance income59 5 — 64 
Capital markets fees7 46 — 53 
Other noninterest income70 41 (1)110 
Net revenue from contracts with customers561 149 (1)709 
Noninterest income within the scope of
other GAAP topics
85 174 39 298 
Total noninterest income$646 $323 $38 $1,007 
Six months ended June 30, 2022
Service charges on deposit accounts $157 $45 $— $202 
Card and payment processing income158 11 — 169 
Trust and investment management services126 2 — 128 
Insurance income54 4 — 58 
Capital markets fees6 11 — 17 
Other noninterest income13 43 — 56 
Net revenue from contracts with customers514 116 — 630 
Noninterest income within the scope of
other GAAP topics
160 174 20 354 
Total noninterest income$674 $290 $20 $984 
Huntington generally provides services for customers in which it acts as principal. Payment terms and conditions vary amongst services and customers, and thus impact the timing and amount of revenue recognition. Some fees may be paid before any service is rendered and accordingly, such fees are deferred until the obligations pertaining to those fees are satisfied. Most Huntington contracts with customers are cancelable by either party without penalty or they are short-term in nature, with a contract duration of less than one year. Accordingly, most revenue deferred for the reporting period ended June 30, 2023 is expected to be earned within one year. Huntington does not have significant balances of contract assets or contract liabilities and any change in those balances during the reporting period ended June 30, 2023 was determined to be immaterial.