OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2025

Components of Other Comprehensive Income

The following table summarizes the components of Huntington’s OCI.


(dollar amounts in millions)	Pretax		Tax (expense) benefit		After-tax
Three months ended June 30, 2025

Unrealized gains on available-for-sale securities arising during the period, net of hedges	$	65	$	(17)	$	48
Reclassification adjustment for realized net losses included in net income	65		(16)		49
Total unrealized gains on available-for-sale securities, net of hedges	130		(33)		97
Unrealized gains on cash flow hedges during the period	99		(24)		75
Reclassification adjustment for cash flow hedges included in net income	11		(3)		8
Net change related to cash flow hedges on loans	110		(27)		83
Translation adjustments, net of hedges (1)	8		(2)		6
Change in accumulated unrealized gains for pension and other post-retirement obligations	1		—		1

Other comprehensive income	$	249	$	(62)	$	187
Three months ended June 30, 2024

Unrealized losses on available-for-sale securities during the period, net of hedges	$	(93)	$	21	$	(72)
Reclassification adjustment for realized net losses included in net income	2		—		2
Total unrealized losses on available-for-sale securities, net of hedges	(91)		21		(70)


Unrealized losses on cash flow hedges during the period	(20)		5		(15)
Reclassification adjustment for cash flow hedges included in net income	68		(16)		52
Net change related to cash flow hedges on loans	48		(11)		37

Change in accumulated unrealized gains for pension and other post-retirement obligations	1		—		1
Other comprehensive loss	$	(42)	$	10	$	(32)
Six months ended June 30, 2025

Unrealized gains on available-for-sale securities arising during the period, net of hedges	$	394	$	(93)	$	301
Reclassification adjustment for realized net losses included in net income	67		(16)		51
Total unrealized gains on available-for-sale securities, net of hedges	461		(109)		352
Unrealized gains on cash flow hedges during the period	301		(71)		230
Reclassification adjustment for cash flow hedges included in net income	39		(9)		30
Net change related to cash flow hedges on loans	340		(80)		260
Translation adjustments, net of hedges (1)	9		(2)		7
Change in accumulated unrealized gains for pension and other post-retirement obligations	1		—		1
Other comprehensive income	$	811	$	(191)	$	620
Six months ended June 30, 2024

Unrealized losses on available-for-sale securities arising during the period, net of hedges	$	(263)	$	61	$	(202)
Reclassification adjustment for realized net losses included in net income	5		(1)		4
Total unrealized losses on available-for-sale securities, net of hedges	(258)		60		(198)
Unrealized losses on cash flow hedges during the period	(181)		42		(139)
Reclassification adjustment for cash flow hedges included in net income	135		(32)		103
Net change related to cash flow hedges on loans	(46)		10		(36)
Translation adjustments, net of hedges (1)	(2)		—		(2)
Change in accumulated unrealized gains for pension and other post-retirement obligations	1		—		1
Other comprehensive loss	$	(305)	$	70	$	(235)

(1)A portion of foreign investments are deemed to be permanent in nature and, therefore, Huntington does not provide for taxes on this portion of foreign currency translation adjustments.

Activity in Accumulated Other Comprehensive Income, Net of Tax

The following table summarizes the activity in AOCI.


(dollar amounts in millions)	Unrealized gains (losses) on available-for-sale securities, net of hedges (1)		Net change related to cash flow hedges on loans		Translation adjustments, net of hedges		Unrealized losses for pension and other post-retirement obligations		Total
Three months ended June 30, 2025
Balance, beginning of period	$	(2,110)	$	(90)	$	(11)	$	(222)	$	(2,433)

Other comprehensive income before reclassifications	48		75		6		1		130
Amounts reclassified from AOCI to earnings	49		8		—		—		57
Period change	97		83		6		1		187
Balance, end of period	$	(2,013)	$	(7)	$	(5)	$	(221)	$	(2,246)

Three months ended June 30, 2024
Balance, beginning of period	$	(2,222)	$	(436)	$	(8)	$	(213)	$	(2,879)

Other comprehensive loss before reclassifications	(72)		(15)		—		—		(87)
Amounts reclassified from AOCI to earnings	2		52		—		1		55
Period change	(70)		37		—		1		(32)

Balance, end of period	$	(2,292)	$	(399)	$	(8)	$	(212)	$	(2,911)
Six months ended June 30, 2025
Balance, beginning of period	$	(2,365)	$	(267)	$	(12)	$	(222)	$	(2,866)
Other comprehensive income before reclassifications	301		230		7		1		539
Amounts reclassified from AOCI to earnings	51		30		—		—		81
Period change	352		260		7		1		620
Balance, end of period	$	(2,013)	$	(7)	$	(5)	$	(221)	$	(2,246)
Six months ended June 30, 2024
Balance, beginning of period	$	(2,094)	$	(363)	$	(6)	$	(213)	$	(2,676)
Other comprehensive loss before reclassifications	(202)		(139)		(2)		—		(343)
Amounts reclassified from AOCI to earnings	4		103		—		1		108
Period change	(198)		(36)		(2)		1		(235)
Balance, end of period	$	(2,292)	$	(399)	$	(8)	$	(212)	$	(2,911)

(1)AOCI amounts at June 30, 2025 and June 30, 2024 include $47 million and $54 million, respectively, of net unrealized losses (after-tax) on securities transferred from the AFS securities portfolio to the HTM securities portfolio. The net unrealized losses will be recognized in earnings over the remaining life of the security using the effective interest method.