SEGMENT REPORTING

6 Months Ended

Jun. 30, 2025

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. Huntington reports on two business segments: Consumer & Regional Banking and Commercial Banking. All other items not included within our two business segments are reported within the Treasury / Other function, which primarily includes technology and operations and other unallocated assets, liabilities, revenue, and expense. For a description of our business segments, see Note 24 - “Segment Reporting” to the Consolidated Financial Statements appearing in Huntington’s 2024 Annual Report on Form 10-K.

The following tables present certain operating basis financial information for each reportable business segment reconciled to Huntington’s consolidated financial results.

	Consumer & Regional Banking		Commercial Banking		Treasury / Other		Huntington Consolidated
(dollar amounts in millions)
Three months ended June 30, 2025
Net interest income (loss)	$	1,014	$	513	$	(60)	$	1,467
Provision (benefit) for credit losses	138		(35)		—		103
Net interest income (loss) after provision (benefit) for credit losses	876		548		(60)		1,364
Noninterest income	339		177		(45)		471
Noninterest expense:
Direct personnel costs	305		149		268		722
Other noninterest expense, including corporate allocations	535		168		(228)		475
Total noninterest expense	840		317		40		1,197
Income (loss) before income taxes	375		408		(145)		638
Provision (benefit) for income taxes	78		86		(68)		96
Income attributable to non-controlling interest	—		6		—		6
Net income (loss) attributable to Huntington	$	297	$	316	$	(77)	$	536
Three months ended June 30, 2024
Net interest income (loss)	$	1,007	$	527	$	(222)	$	1,312
Provision for credit losses	76		24		—		100
Net interest income (loss) after provision for credit losses	931		503		(222)		1,212
Noninterest income	322		164		5		491
Noninterest expense:
Direct personnel costs	285		148		230		663
Other noninterest expense, including corporate allocations	503		152		(201)		454
Total noninterest expense	788		300		29		1,117
Income (loss) before income taxes	465		367		(246)		586
Provision (benefit) for income taxes	97		77		(68)		106
Income attributable to non-controlling interest	—		6		—		6
Net income (loss) attributable to Huntington	$	368	$	284	$	(178)	$	474

	Consumer & Regional Banking		Commercial Banking		Treasury / Other		Huntington Consolidated
(dollar amounts in millions)
Six months ended June 30, 2025
Net interest income (loss)	$	1,957	$	1,026	$	(90)	$	2,893
Provision for credit losses	185		33		—		218
Net interest income (loss) after provision for credit losses	1,772		993		(90)		2,675
Noninterest income	666		339		(40)		965
Noninterest expense:
Direct personnel costs	599		288		506		1,393
Other noninterest expense, including corporate allocations	1,060		332		(436)		956
Total noninterest expense	1,659		620		70		2,349
Income (loss) before income taxes	779		712		(200)		1,291
Provision (benefit) for income taxes	163		150		(95)		218
Income attributable to non-controlling interest	—		10		—		10
Net income (loss) attributable to Huntington	$	616	$	552	$	(105)	$	1,063
Six months ended June 30, 2024
Net interest income (loss)	$	1,963	$	1,050	$	(414)	$	2,599
Provision for credit losses	122		85		—		207
Net interest income (loss) after provision for credit losses	1,841		965		(414)		2,392
Noninterest income	630		309		19		958
Noninterest expense:
Direct personnel costs	560		285		457		1,302
Other noninterest expense, including corporate allocations	1,005		309		(362)		952
Total noninterest expense	1,565		594		95		2,254
Income (loss) before income taxes	906		680		(490)		1,096
Provision (benefit) for income taxes	190		143		(141)		192
Income attributable to non-controlling interest	—		11		—		11
Net income (loss) attributable to Huntington	$	716	$	526	$	(349)	$	893

	Assets				Deposits
(dollar amounts in millions)	At June 30, 2025		At December 31, 2024		At June 30, 2025		At December 31, 2024
Consumer & Regional Banking	$	80,225	$	78,841	$	111,926	$	111,390
Commercial Banking	70,380		66,919		43,691		43,366
Treasury / Other	57,137		58,470		7,763		7,692
Total	$	207,742	$	204,230	$	163,380	$	162,448