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HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

September 30, 2025

Table of Contents


Quarterly Key Statistics			1

Year-to-Date Key Statistics			2

Consolidated Balance Sheets			4

Loans and Leases Composition			5

Deposits Composition			6

Consolidated Quarterly Average Balance Sheets			7

Consolidated Quarterly Net Interest Margin - Interest Income / Expense			8

Consolidated Quarterly Net Interest Margin - Yields / Rates			9

Selected Quarterly Income Statement Data			10

Quarterly Mortgage Banking Noninterest Income			11

Quarterly Credit Reserves Analysis			12

Quarterly Net Charge-Off Analysis			13

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)			14

Quarterly Accruing Past Due Loans and Leases			15

Quarterly Capital Under Current Regulatory Standards (Basel III)			16

Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data			17

Consolidated Year-to-Date Average Balance Sheets			19

Consolidated Year-to-Date Net Interest Margin - Interest Income / Expense			20

Consolidated Year-to-Date Net Interest Margin - Yields / Rates			21

Selected Year-to-Date Income Statement Data			22

Year-to-Date Mortgage Banking Noninterest Income			23

Year-to-Date Credit Reserves Analysis			24

Year-to-Date Net Charge-Off Analysis			25

Year-to-Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)			26

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.

Non-GAAP Financial Measures

This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding our results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found herein.

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%.

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,

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

•Adjusted common equity tier 1 (CET1).

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. The tangible common equity 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. The adjusted CET1 ratio differs from the defined CET1 regulatory capital ratio the Company is subject to by including the impact of accumulated other comprehensive income (loss) (AOCI) excluding cash flow hedges in the calculation of the capital ratio. 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)	September 30,			June 30,			September 30,			Percent Changes vs.
	2025			2025			2024			2Q25		3Q24
Net interest income (1)	$	1,523		$	1,483		$	1,364		3	%	12	%
FTE adjustment	(17)			(16)			(13)			(6)		(31)
Net interest income	1,506			1,467			1,351			3		11
Provision for credit losses	122			103			106			18		15
Noninterest income	628			471			523			33		20
Noninterest expense	1,246			1,197			1,130			4		10
Income before income taxes	766			638			638			20		20
Provision for income taxes	133			96			116			39		15
Income after income taxes	633			542			522			17		21
Income attributable to non-controlling interest	4			6			5			(33)		(20)
Net income attributable to Huntington	629			536			517			17		22
Dividends on preferred shares	27			27			36			—		(25)

Net income applicable to common shares	$	602		$	509		$	481		18	%	25	%

Net income per common share - diluted	$	0.41		$	0.34		$	0.33		21	%	24	%
Cash dividends declared per common share	0.155			0.155			0.155			—		—
Tangible book value per common share at end of period	9.54			9.13			8.65			4		10

Average common shares - basic	1,459			1,457			1,453			—		—
Average common shares - diluted	1,485			1,481			1,477			—		1
Ending common shares outstanding	1,459			1,459			1,453			—		—
Return on average assets	1.19		%	1.04		%	1.04		%
Return on average common shareholders’ equity	12.4			11.0			10.8
Return on average tangible common shareholders’ equity (2)	17.8			16.1			16.2
Net interest margin (1)	3.13			3.11			2.98
Efficiency ratio (3)	57.4			59.0			59.4
Effective tax rate	17.4			15.0			18.2
Average total assets	$	209,727		$	207,852		$	198,278		1		6
Average earning assets	192,732			191,092			181,891			1		6
Average loans and leases	135,944			133,171			124,507			2		9

Average total deposits	164,812			163,429			156,488			1		5
Average Huntington shareholders’ equity	21,348			20,548			20,113			4		6
Average common shareholders' equity	19,197			18,559			17,719			3		8
Average tangible common shareholders' equity	13,587			12,935			12,069			5		13
Total assets at end of period	210,228			207,742			200,535			1		5
Total Huntington shareholders’ equity at end of period	22,248			20,928			20,606			6		8

NCOs as a % of average loans and leases	0.22		%	0.20		%	0.30		%
NAL ratio	0.59			0.62			0.58
NPA ratio (4)	0.60			0.63			0.62
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period	1.72			1.73			1.77
Allowance for credit losses (ACL) as a % of total loans and leases at the end of period	1.86			1.86			1.93
Common equity tier 1 risk-based capital ratio (5)	10.6			10.5			10.4
Tangible common equity / tangible asset ratio (6)	6.8			6.6			6.4

See Notes to the Quarterly and Year-to-Date Key Statistics.

Huntington Bancshares Incorporated

Year-to-Date Key Statistics

(Unaudited)


	Nine Months Ended September 30,						Change
(dollar amounts in millions, except per share data)	2025			2024			Amount		Percent
Net interest income (1)	$	4,447		$	3,989		$	458	11	%
FTE adjustment	(48)			(39)			(9)		(23)
Net interest income	4,399			3,950			449		11
Provision for credit losses	340			313			27		9
Noninterest income	1,593			1,481			112		8
Noninterest expense	3,595			3,384			211		6
Income before income taxes	2,057			1,734			323		19
Provision for income taxes	351			308			43		14
Income after income taxes	1,706			1,426			280		20
Income attributable to non-controlling interest	14			16			(2)		(13)
Net income attributable to Huntington	1,692			1,410			282		20
Dividends on preferred shares	81			107			(26)		(24)

Net income applicable to common shares	$	1,611		$	1,303		$	308	24	%

Net income per common share - diluted	$	1.09		$	0.88		$	0.21	24	%
Cash dividends declared per common share	0.465			0.465			—		—
Average common shares - basic	1,457			1,451			6		—
Average common shares - diluted	1,483			1,475			8		1
Return on average assets	1.09		%	0.97		%
Return on average common shareholders’ equity	11.6			10.2
Return on average tangible common shareholders’ equity (2)	16.9			15.5
Net interest margin (1)	3.12			3.00
Efficiency ratio (3)	58.4			61.2
Effective tax rate	17.0			17.8
Average total assets	$	207,572		$	194,395		$	13,177	7	%
Average earning assets	190,724			177,920			12,804		7
Average loans and leases	133,344			123,276			10,068		8
Average total deposits	163,292			153,609			9,683		6

Average Huntington shareholders’ equity	20,636			19,529			1,107		6
Average common shareholders' equity	18,592			17,135			1,457		9
Average tangible common shareholders' equity	12,970			11,476			1,494		13

NCOs as a % of average loans and leases	0.23		%	0.30		%

See Notes to the Quarterly and Year-to-Date Key Statistics.

Notes to the Quarterly and Year-to-Date Key Statistics

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

(2)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.

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

(4)NPAs include other nonperforming assets, which includes certain impaired securities and/or nonaccrual loans held for sale, and other real estate owned.

(5)September 30, 2025 figure is estimated.

(6)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.

Huntington Bancshares Incorporated

Consolidated Balance Sheets


	At September 30,		At December 31,
(dollar amounts in millions)	2025		2024		Percent Changes
	(Unaudited)
Assets
Cash and due from banks	$	1,696	$	1,685	1	%
Interest-earning deposits with banks	11,536		11,647		(1)
Trading account securities	81		53		53
Available-for-sale securities	26,085		27,273		(4)
Held-to-maturity securities	15,597		16,368		(5)


Other securities	870		823		6
Loans held for sale	823		654		26
Loans and leases (1)	137,956		130,042		6
Allowance for loan and lease losses	(2,374)		(2,244)		(6)
Net loans and leases	135,582		127,798		6
Bank owned life insurance	2,810		2,793		1
Accrued income and other receivables	1,819		2,190		(17)
Premises and equipment	1,112		1,066		4
Goodwill	5,547		5,561		—
Servicing rights and other intangible assets	644		677		(5)
Other assets	6,026		5,642		7
Total assets	$	210,228	$	204,230	3	%

Liabilities and shareholders' equity
Liabilities
Deposits (2)	$	165,212	$	162,448	2	%
Short-term borrowings	252		199		27	%
Long-term debt	17,315		16,374		6
Other liabilities	5,163		5,427		(5)
Total liabilities	187,942		184,448		2

Shareholders' equity
Preferred stock	2,731		1,989		37
Common stock	15		15		—
Capital surplus	15,537		15,484		—
Less treasury shares, at cost	(87)		(86)		(1)
Accumulated other comprehensive income (loss)	(2,071)		(2,866)		28
Retained earnings	6,123		5,204		18
Total Huntington shareholders’ equity	22,248		19,740		13
Non-controlling interest	38		42		(10)
Total equity	22,286		19,782		13
Total liabilities and equity	$	210,228	$	204,230	3	%

Common shares authorized (par value of $0.01)	2,250,000,000		2,250,000,000
Common shares outstanding	1,459,390,757		1,453,635,809
Treasury shares outstanding	6,907,525		6,984,102
Preferred stock, authorized shares	6,617,808		6,617,808
Preferred shares outstanding	885,000		877,500

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

(2)See page 6 for detail of deposits.

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)


	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2025				2025				2025				2024				2024
Ending balances by type:
Total loans and leases
Commercial:
Commercial and industrial	$	62,978	45	%	$	60,723	45	%	$	58,948	45	%	$	56,809	43	%	$	53,601	43	%
Commercial real estate:
Commercial	9,613		7		9,793		7		10,196		7		10,215		8		10,647		8
Construction	1,119		1		905		1		772		1		863		1		896		1
Commercial real estate	10,732		8		10,698		8		10,968		8		11,078		9		11,543		9
Lease financing	5,515		4		5,516		4		5,451		4		5,454		4		5,342		4
Total commercial	79,225		57		76,937		57		75,367		57		73,341		56		70,486		56
Consumer:
Residential mortgage	24,502		18		24,527		19		24,369		19		24,242		19		24,100		19
Automobile	15,996		12		15,382		11		14,877		11		14,564		11		14,003		11
Home equity	10,314		7		10,221		8		10,130		8		10,142		8		10,129		8
RV and marine	5,805		4		5,907		4		5,939		4		5,982		5		6,042		5
Other consumer	2,114		2		1,986		1		1,823		1		1,771		1		1,627		1
Total consumer	58,731		43		58,023		43		57,138		43		56,701		44		55,901		44
Total loans and leases	$	137,956	100	%	$	134,960	100	%	$	132,505	100	%	$	130,042	100	%	$	126,387	100	%

Ending balances by business segment:
Consumer & Regional Banking	$	75,027	55	%	$	73,887	55	%	$	72,653	55	%	$	72,051	56	%	$	70,742	56	%
Commercial Banking	62,755		45		60,823		45		59,726		45		57,858		44		55,441		44



Treasury / Other	174		—		250		—		126		—		133		—		204		—
Total loans and leases	$	137,956	100	%	$	134,960	100	%	$	132,505	100	%	$	130,042	100	%	$	126,387	100	%

Average balances by business segment:
Consumer & Regional Banking	$	74,306	55	%	$	73,154	55	%	$	72,043	55	%	$	71,390	56	%	$	69,759	56	%
Commercial Banking	61,373		45		59,806		45		58,588		45		56,492		44		54,464		44



Treasury / Other	265		—		211		—		231		—		276		—		284		—
Total loans and leases	$	135,944	100	%	$	133,171	100	%	$	130,862	100	%	$	128,158	100	%	$	124,507	100	%

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)


	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2025				2025				2025				2024				2024
Ending balances by type:
Total deposits
Demand deposits - noninterest-bearing	$	28,596	17	%	$	28,656	18	%	$	30,217	18	%	$	29,345	18	%	$	29,047	18	%
Demand deposits - interest-bearing	46,056		28		45,468		28		44,992		28		43,378		27		42,292		27
Money market deposits	62,837		38		60,998		37		61,608		37		60,730		37		56,434		36
Savings deposits	14,986		9		15,112		9		15,179		9		14,723		9		14,679		9
Time deposits	12,737		8		13,146		8		13,341		8		14,272		9		15,899		10




Total deposits	$	165,212	100	%	$	163,380	100	%	$	165,337	100	%	$	162,448	100	%	$	158,351	100	%






Ending balances by business segment:

Consumer & Regional Banking	$	110,043	67	%	$	111,926	68	%	$	112,972	68	%	$	111,390	69	%	$	110,107	70	%
Commercial Banking	47,651		28		43,691		27		44,090		27		43,366		26		41,597		26


Treasury / Other	7,518		5		7,763		5		8,275		5		7,692		5		6,647		4
Total deposits	$	165,212	100	%	$	163,380	100	%	$	165,337	100	%	$	162,448	100	%	$	158,351	100	%









Average balances by business segment:

Consumer & Regional Banking	$	111,138	68	%	$	112,135	69	%	$	110,974	69	%	$	110,750	70	%	$	109,884	70	%
Commercial Banking	46,346		28		43,288		26		42,714		26		41,741		26		40,153		26


Treasury / Other	7,328		4		8,006		5		7,912		5		6,914		4		6,451		4
Total deposits	$	164,812	100	%	$	163,429	100	%	$	161,600	100	%	$	159,405	100	%	$	156,488	100	%

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)


	Quarterly Average Balances (1)
	September 30,		June 30,		March 31,		December 31,		September 30,		Percent Changes vs.
(dollar amounts in millions)	2025		2025		2025		2024		2024		2Q25		3Q24
Assets


Interest-earning deposits with banks	$	11,823	$	12,264	$	11,632	$	11,027	$	12,532	(4)	%	(6)	%
Securities:
Trading account securities	629		634		487		645		136		(1)		363	%
Available-for-sale securities:
Taxable	23,485		24,015		24,245		24,778		25,434		(2)		(8)
Tax-exempt	3,318		3,251		3,254		3,056		2,699		2		23
Total available-for-sale securities	26,803		27,266		27,499		27,834		28,133		(2)		(5)


Held-to-maturity securities - taxable	15,752		16,130		16,358		16,053		15,078		(2)		4





Other securities	888		881		877		824		829		1		7
Total securities	44,072		44,911		45,221		45,356		44,176		(2)		—
Loans held for sale	893		746		584		681		676		20		32
Loans and leases: (2)
Commercial:
Commercial and industrial	61,440		59,393		57,555		55,136		52,194		3		18
Commercial real estate:
Commercial	9,672		9,955		10,206		10,461		10,835		(3)		(11)
Construction	1,020		830		815		818		909		23		12
Commercial real estate	10,692		10,785		11,021		11,279		11,744		(1)		(9)
Lease financing	5,483		5,458		5,476		5,424		5,180		—		6
Total commercial	77,615		75,636		74,052		71,839		69,118		3		12
Consumer:
Residential mortgage	24,511		24,423		24,299		24,127		24,074		—		2
Automobile	15,693		15,132		14,665		14,350		13,584		4		16
Home equity	10,264		10,196		10,123		10,134		10,089		1		2
RV and marine	5,860		5,921		5,951		6,009		6,046		(1)		(3)
Other consumer	2,001		1,863		1,772		1,699		1,596		7		25
Total consumer	58,329		57,535		56,810		56,319		55,389		1		5
Total loans and leases	135,944		133,171		130,862		128,158		124,507		2		9
Total earning assets	192,732		191,092		188,299		185,222		181,891		1		6
Cash and due from banks	1,445		1,407		1,404		1,348		1,407		3		3
Goodwill and other intangible assets	5,625		5,640		5,651		5,662		5,674		—		(1)


All other assets	9,925		9,713		9,733		9,583		9,306		2		7
Total assets	$	209,727	$	207,852	$	205,087	$	201,815	$	198,278	1	%	6	%
Liabilities and shareholders' equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	45,980	$	44,677	$	43,582	$	41,802	$	41,850	3	%	10	%
Money market deposits	62,009		61,090		60,213		58,297		55,599		2		12
Savings deposits	15,042		15,127		14,866		14,648		14,891		(1)		1
Time deposits	12,773		13,290		13,993		15,076		15,348		(4)		(17)




Total interest-bearing deposits	135,804		134,184		132,654		129,823		127,688		1		6
Short-term borrowings	1,267		1,261		1,439		1,249		826		—		53
Long-term debt	17,433		17,776		16,901		16,081		15,878		(2)		10
Total interest-bearing liabilities	154,504		153,221		150,994		147,153		144,392		1		7
Demand deposits - noninterest-bearing	29,008		29,245		28,946		29,582		28,800		(1)		1
All other liabilities	4,826		4,788		5,102		5,020		4,925		1		(2)
Total liabilities	188,338		187,254		185,042		181,755		178,117		1		6
Total Huntington shareholders’ equity	21,348		20,548		19,997		20,013		20,113		4		6
Non-controlling interest	41		50		48		47		48		(18)		(15)
Total equity	21,389		20,598		20,045		20,060		20,161		4		6
Total liabilities and equity	$	209,727	$	207,852	$	205,087	$	201,815	$	198,278	1	%	6	%

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

(2)Includes nonaccrual loans and leases.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Interest Income / Expense

(Unaudited)


	Quarterly Interest Income / Expense (1) (2)
	September 30,		June 30,		March 31,		December 31,		September 30,
(dollar amounts in millions)	2025		2025		2025		2024		2024
Assets


Interest-earning deposits with banks	$	134	$	139	$	129	$	136	$	174
Securities:
Trading account securities	7		6		4		8		1
Available-for-sale securities:
Taxable	246		278		287		302		331
Tax-exempt	41		41		42		38		35
Total available-for-sale securities	287		319		329		340		366
Held-to-maturity securities - taxable	105		107		108		104		93



Other securities	12		12		12		12		11
Total securities	411		444		453		464		471
Loans held for sale	15		12		9		11		12
Loans and leases:
Commercial:
Commercial and industrial	959		914		873		851		840
Commercial real estate:
Commercial	168		166		170		185		207
Construction	19		17		15		22		20
Commercial real estate	187		183		185		207		227
Lease financing	93		92		89		89		86
Total commercial	1,239		1,189		1,147		1,147		1,153
Consumer:
Residential mortgage	259		253		250		243		241
Automobile	234		219		207		205		191
Home equity	181		186		183		190		199
RV and marine	80		79		78		81		79
Other consumer	64		51		48		47		48
Total consumer	818		788		766		766		758
Total loans and leases	2,057		1,977		1,913		1,913		1,911
Total earning assets	$	2,617	$	2,572	$	2,504	$	2,524	$	2,568
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	235	$	223	$	205	$	209	$	239
Money market deposits	466		464		458		479		521
Savings deposits	13		11		7		6		4
Time deposits	116		124		140		169		181




Total interest-bearing deposits	830		822		810		863		945
Short-term borrowings	13		13		14		17		14
Long-term debt	251		254		239		235		245
Total interest-bearing liabilities	1,094		1,089		1,063		1,115		1,204
Net interest income	$	1,523	$	1,483	$	1,441	$	1,409	$	1,364

(1)Fully-taxable equivalent (FTE) income and expense calculated assuming a 21% tax rate. See page 10 for the FTE adjustment.

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

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Yields / Rates

(Unaudited)


	Quarterly Average Yields / Rates
	September 30,		June 30,		March 31,		December 31,		September 30,
Fully-taxable equivalent basis (1)	2025		2025		2025		2024		2024
Assets
Interest-earning deposits with banks	4.53	%	4.52	%	4.45	%	4.92	%	5.55	%
Securities:
Trading account securities	4.03		3.72		3.67		5.39		3.28
Available-for-sale securities:
Taxable	4.19		4.62		4.73		4.87		5.21
Tax-exempt	5.02		4.93		5.22		5.00		5.23
Total available-for-sale securities	4.29		4.66		4.79		4.89		5.21
Held-to-maturity securities - taxable	2.66		2.66		2.64		2.59		2.47



Other securities	5.15		5.85		5.28		6.01		4.86
Total securities	3.72		3.95		4.01		4.10		4.26
Loans held for sale	6.52		6.43		6.48		6.28		6.92
Loans and leases: (2)
Commercial:
Commercial and industrial	6.11		6.09		6.07		6.05		6.31
Commercial real estate:
Commercial	6.83		6.59		6.66		6.91		7.47
Construction	7.11		8.16		7.47		10.64		8.52
Commercial real estate	6.86		6.71		6.72		7.18		7.55
Lease financing	6.69		6.66		6.49		6.38		6.51
Total commercial	6.25		6.22		6.19		6.25		6.53
Consumer:
Residential mortgage	4.23		4.15		4.11		4.03		4.00
Automobile	5.92		5.82		5.71		5.70		5.59
Home equity	7.20		7.32		7.33		7.42		7.86
RV and marine	5.41		5.31		5.34		5.35		5.24
Other consumer	11.37		10.88		11.01		11.18		11.69
Total consumer	5.57		5.49		5.44		5.42		5.45
Total loans and leases	5.96		5.91		5.87		5.89		6.05
Total earning assets	5.39		5.40		5.39		5.42		5.62
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	2.02		2.00		1.91		1.99		2.28
Money market deposits	2.99		3.05		3.08		3.27		3.73
Savings deposits	0.35		0.28		0.20		0.16		0.12
Time deposits	3.60		3.74		4.06		4.47		4.66
Total interest-bearing deposits	2.43		2.46		2.48		2.65		2.94
Short-term borrowings	3.90		4.37		3.87		5.37		6.52
Long-term debt	5.75		5.69		5.68		5.83		6.19
Total interest-bearing liabilities	2.81		2.85		2.86		3.01		3.32

Net interest rate spread	2.58		2.55		2.53		2.41		2.30
Impact of noninterest-bearing funds on margin	0.55		0.56		0.57		0.62		0.68
Net interest margin	3.13	%	3.11	%	3.10	%	3.03	%	2.98	%


Additional information:
Commercial Loan Derivative Impact
Commercial loans (2) (3)	6.50	%	6.49	%	6.57	%	6.77	%	7.21	%
Impact of commercial loan derivatives	(0.25)		(0.27)		(0.38)		(0.52)		(0.68)
Total commercial - as reported	6.25	%	6.22	%	6.19	%	6.25	%	6.53	%
Average SOFR	4.33	%	4.32	%	4.33	%	4.68	%	5.28	%

Total cost of deposits (4)	2.00	%	2.02	%	2.03	%	2.16	%	2.40	%

(1)Fully-taxable equivalent (FTE) yields are calculated assuming a 21% tax rate. See page 10 for the FTE adjustment.

(2)Includes nonaccrual loans and leases.

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

(4)Includes noninterest-bearing and interest-bearing deposit balances.

Huntington Bancshares Incorporated

Selected Quarterly Income Statement Data

(Unaudited)


	Three Months Ended
(dollar amounts in millions, except per share data)	September 30,		June 30,		March 31,		December 31,		September 30,
	2025		2025		2025		2024		2024
Interest income	$	2,600	$	2,556	$	2,489	$	2,510	$	2,555
Interest expense	1,094		1,089		1,063		1,115		1,204
Net interest income	1,506		1,467		1,426		1,395		1,351
Provision for credit losses	122		103		115		107		106
Net interest income after provision for credit losses	1,384		1,364		1,311		1,288		1,245
Payments and cash management revenue	174		165		155		162		158
Wealth and asset management revenue	104		102		101		93		93
Customer deposit and loan fees	102		95		86		88		86
Capital markets and advisory fees	94		84		67		120		78
Mortgage banking income	43		28		31		31		38
Leasing revenue	23		10		14		19		19
Insurance income	20		19		20		22		18


Net gains (losses) on sales of securities	—		(58)		—		(21)		—
Other noninterest income	68		26		20		45		33
Total noninterest income	628		471		494		559		523
Personnel costs	757		722		671		715		684
Outside data processing and other services	198		182		170		167		167
Equipment	66		68		67		70		65
Net occupancy	57		54		65		56		57
Marketing	34		28		29		28		33
Deposit and other insurance expense	9		20		37		20		15
Professional services	31		22		22		27		21
Amortization of intangibles	11		11		11		12		11
Lease financing equipment depreciation	4		2		4		3		4
Other noninterest expense	79		88		76		80		73
Total noninterest expense	1,246		1,197		1,152		1,178		1,130
Income before income taxes	766		638		653		669		638
Provision for income taxes	133		96		122		135		116
Income after income taxes	633		542		531		534		522
Income attributable to non-controlling interest	4		6		4		4		5
Net income attributable to Huntington	629		536		527		530		517
Dividends on preferred shares	27		27		27		27		36
Impact of preferred stock redemptions	—		—		—		5		—
Net income applicable to common shares	$	602	$	509	$	500	$	498	$	481

Average common shares - basic	1,459		1,457		1,454		1,453		1,453
Average common shares - diluted	1,485		1,481		1,482		1,481		1,477

Per common share
Net income - basic	$	0.41	$	0.35	$	0.34	$	0.34	$	0.33
Net income - diluted	0.41		0.34		0.34		0.34		0.33
Cash dividends declared	0.155		0.155		0.155		0.155		0.155

Revenue - fully-taxable equivalent (FTE)
Net interest income	$	1,506	$	1,467	$	1,426	$	1,395	$	1,351
FTE adjustment	17		16		15		14		13
Net interest income (1)	1,523		1,483		1,441		1,409		1,364
Noninterest income	628		471		494		559		523
Total revenue (1)	$	2,151	$	1,954	$	1,935	$	1,968	$	1,887

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

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Noninterest Income

(Unaudited)


	Three Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,			Percent Changes vs.
(dollar amounts in millions)	2025			2025			2025			2024			2024			2Q25		3Q24
Net origination and secondary marketing income	$	30		$	26		$	18		$	25		$	25		15	%	20	%
Net mortgage servicing income
Loan servicing income	26			26			26			26			25			—		4
Amortization of capitalized servicing	(17)			(18)			(13)			(16)			(14)			6		(21)
Operating income	9			8			13			10			11			13		(18)
MSR valuation adjustment (1)	(1)			—			(15)			53			(25)			(100)		96
Gains (losses) due to MSR hedging	4			(6)			15			(57)			27			167		(85)
Net MSR risk management	3			(6)			—			(4)			2			150		50
Total net mortgage servicing income	12			2			13			6			13			500		(8)
All other	1			—			—			—			—			100		100
Mortgage banking income	$	43		$	28		$	31		$	31		$	38		54	%	13	%

Mortgage origination volume	$	2,243		$	2,412		$	1,599		$	2,093		$	1,883		(7)	%	19	%
Mortgage origination volume for sale	1,516			1,508			938			1,220			1,194			1		27

Third party mortgage loans serviced (2)	$	34,370		$	33,925		$	33,864		$	33,696		$	33,565		1	%	2	%
Mortgage servicing rights (2)	576			567			564			573			515			2		12
MSR % of investor servicing portfolio (2)	1.67		%	1.67		%	1.66		%	1.70		%	1.53		%	—		9

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

(2)At period end.

Huntington Bancshares Incorporated

Quarterly Credit Reserves Analysis

(Unaudited)


	Three Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Allowance for loan and lease losses, beginning of period	$	2,331		$	2,263		$	2,244		$	2,235		$	2,304

Loan and lease charge-offs	(137)			(111)			(133)			(129)			(129)
Recoveries of loans and leases previously charged-off	62			45			47			32			36
Net loan and lease charge-offs	(75)			(66)			(86)			(97)			(93)
Provision for loan and lease losses	118			134			105			106			24


Allowance for loan and lease losses, end of period	2,374			2,331			2,263			2,244			2,235
Allowance for unfunded lending commitments, beginning of period	184			215			202			201			119

Provision for unfunded lending commitments	4			(31)			13			1			82


Allowance for unfunded lending commitments, end of period	188			184			215			202			201
Total allowance for credit losses, end of period	$	2,562		$	2,515		$	2,478		$	2,446		$	2,436
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.72		%	1.73		%	1.71		%	1.73		%	1.77		%
Nonaccrual loans and leases (NALs)	294			277			302			286			303
Nonperforming assets (NPAs)	289			274			281			273			285
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.86		%	1.86		%	1.87		%	1.88		%	1.93		%
Nonaccrual loans and leases (NALs)	317			299			331			312			330
Nonperforming assets (NPAs)	312			295			308			297			311



	September 30,		June 30,		March 31,		December 31,		September 30,
(dollar amounts in millions)	2025		2025		2025		2024		2024
Allocation of allowance for credit losses
Commercial
Commercial and industrial	$	1,084	$	1,068	$	1,017	$	947	$	937
Commercial real estate	419		417		443		473		510
Lease financing	65		63		60		64		51
Total commercial	1,568		1,548		1,520		1,484		1,498
Consumer
Residential mortgage	204		208		199		205		193
Automobile	172		161		150		145		138
Home equity	160		153		140		148		149
RV and marine	141		143		146		150		150
Other consumer	129		118		108		112		107
Total consumer	806		783		743		760		737
Total allowance for loan and lease losses	2,374		2,331		2,263		2,244		2,235
Allowance for unfunded lending commitments	188		184		215		202		201
Total allowance for credit losses	$	2,562	$	2,515	$	2,478	$	2,446	$	2,436

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)


	Three Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial	$	39		$	32		$	48		$	52		$	51



Commercial real estate	(4)			(3)			(8)			(2)			5
Lease financing	1			2			4			1			(2)
Total commercial	36			31			44			51			54
Consumer:
Residential mortgage	—			1			—			—			—
Automobile	10			7			13			12			8
Home equity	1			—			—			—			(1)
RV and marine	4			5			7			7			6
Other consumer	24			22			22			27			26
Total consumer	39			35			42			46			39
Total net charge-offs	$	75		$	66		$	86		$	97		$	93





Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial	0.25		%	0.22		%	0.33		%	0.39		%	0.39		%



Commercial real estate	(0.13)			(0.14)			(0.26)			(0.08)			0.17
Lease financing	0.04			0.12			0.33			0.06			(0.18)
Total commercial	0.18			0.16			0.24			0.29			0.31
Consumer:
Residential mortgage	0.01			0.01			—			0.01			—
Automobile	0.26			0.19			0.35			0.32			0.24
Home equity	0.01			0.01			—			(0.02)			(0.02)
RV and marine	0.30			0.33			0.45			0.43			0.37
Other consumer	4.92			4.86			4.89			6.51			6.38
Total consumer	0.27			0.25			0.29			0.32			0.28
Net charge-offs as a % of average loans and leases	0.22		%	0.20		%	0.26		%	0.30		%	0.30		%

Huntington Bancshares Incorporated

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs) (1)

(Unaudited)


	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	455		$	489		$	413		$	457		$	408
Commercial real estate	131			138			118			118			132
Lease financing	10			10			11			10			9
Residential mortgage	97			93			90			83			82
Automobile	6			5			4			6			5
Home equity	108			105			110			107			100
RV and marine	1			2			2			2			2

Total nonaccrual loans and leases	808			842			748			783			738



Other real estate, net	10			10			8			8			8
Other NPAs (1)	3			—			48			31			38
Total nonperforming assets	$	821		$	852		$	804		$	822		$	784

Nonaccrual loans and leases as a % of total loans and leases	0.59		%	0.62		%	0.56		%	0.60		%	0.58		%
NPA ratio (2)	0.60			0.63			0.61			0.63			0.62
(NPA+90days)/(Loan+OREO) (3)	0.76			0.81			0.77			0.82			0.80


	Three Months Ended
	September 30,		June 30,		March 31,		December 31,		September 30,
(dollar amounts in millions)	2025		2025		2025		2024		2024
Nonperforming assets, beginning of period	$	852	$	804	$	822	$	784	$	780
New nonperforming assets	252		343		250		271		254


Returns to accruing status	(25)		(27)		(31)		(46)		(55)
Charge-offs	(62)		(57)		(55)		(37)		(53)
Payments	(167)		(203)		(178)		(146)		(139)
Sales	(29)		(8)		(4)		(4)		(3)

Nonperforming assets, end of period	$	821	$	852	$	804	$	822	$	784

(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.

Huntington Bancshares Incorporated

Quarterly Accruing Past Due Loans and Leases

(Unaudited)


	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Accruing loans and leases past due 90+ days:
Commercial and industrial	$	1		$	4		$	2		$	3		$	6

Lease financing	6			14			8			11			16
Residential mortgage (excluding loans guaranteed by the U.S. Government)	35			40			29			34			28
Automobile	12			10			8			12			10
Home equity	20			18			18			20			20
RV and marine	3			2			3			4			3
Other consumer	5			4			4			4			5
Total, excl. loans guaranteed by the U.S. Government	82			92			72			88			88
Add: loans guaranteed by U.S. Government	152			149			148			151			136
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government	$	234		$	241		$	220		$	239		$	224

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.06		%	0.07		%	0.05		%	0.07		%	0.07		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.11			0.11			0.11			0.12			0.11
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.17			0.18			0.17			0.18			0.18

Huntington Bancshares Incorporated

Quarterly Capital Under Current Regulatory Standards (Basel III)

(Unaudited)


	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Common equity tier 1 risk-based capital ratio: (1)
Total Huntington shareholders’ equity	$	22,248		$	20,928		$	20,434		$	19,740		$	20,606
Regulatory capital adjustments:
CECL transitional amount (2)	—			—			—			109			109
Shareholders’ preferred equity and related surplus	(2,741)			(1,999)			(1,999)			(1,999)			(2,404)
Accumulated other comprehensive loss	2,065			2,241			2,422			2,866			2,104
Goodwill and other intangibles, net of taxes	(5,481)			(5,508)			(5,520)			(5,534)			(5,546)
Deferred tax assets from tax loss and credit carryforwards	(167)			(123)			(68)			(55)			(66)
Common equity tier 1 capital	15,924			15,539			15,269			15,127			14,803
Additional tier 1 capital
Shareholders’ preferred equity and related surplus	2,741			1,999			1,999			1,999			2,404


Tier 1 capital	18,665			17,538			17,268			17,126			17,207
Long-term debt and other tier 2 qualifying instruments	1,477			1,606			1,641			1,641			1,119
Qualifying allowance for loan and lease losses	1,880			1,859			1,811			1,798			1,784
Tier 2 capital	3,357			3,465			3,452			3,439			2,903
Total risk-based capital	$	22,022		$	21,003		$	20,720		$	20,565		$	20,110
Risk-weighted assets (RWA) (1)	$	150,221		$	148,602		$	144,632		$	143,650		$	142,543
Common equity tier 1 risk-based capital ratio (1)	10.6		%	10.5		%	10.6		%	10.5		%	10.4		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	9.0			8.5			8.5			8.6			8.8
Tier 1 risk-based capital ratio (1)	12.4			11.8			11.9			11.9			12.1
Total risk-based capital ratio (1)	14.7			14.1			14.3			14.3			14.1




Reconciliation of Non-GAAP Measure (3)
Common equity tier 1 (CET1) capital (A)	$	15,924		$	15,539		$	15,269		$	15,127		$	14,803
Add: Accumulated other comprehensive income (loss) (AOCI)	(2,065)			(2,241)			(2,422)			(2,866)			(2,104)
Less: AOCI cash flow hedge	16			(7)			(90)			(267)			(39)
Adjusted common equity tier 1 (B)	13,843			13,305			12,937			12,528			12,738
Risk weighted assets (C)	150,221			148,602			144,632			143,650			142,543

CET1 ratio (A/C)	10.6		%	10.5		%	10.6		%	10.5		%	10.4		%
Adjusted CET1 ratio (B/C)	9.2			9.0			8.9			8.7			8.9

(1)September 30, 2025 figures are estimated.

(2)Huntington elected to temporarily delay certain effects of CECL on regulatory capital pursuant to a rule that allowed BHCs and banks to delay the impact of adopting CECL for two years, followed by a three-year transition period which began January 1, 2022. For periods beginning on or after January 1, 2025, the impact of the CECL deferral was fully phased in, while 75% of the impact of the CECL deferral was phased in at December 31, 2024 and September 30, 2024.

(3)Huntington believes certain non-GAAP financial measures to be helpful in understanding Huntington’s results of operations. The following provides the comparable regulatory financial measure, as well as the reconciliation to the comparable regulatory financial measure.

Huntington Bancshares Incorporated

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

(Unaudited)

Quarterly Common Stock Summary


	September 30,		June 30,		March 31,		December 31,		September 30,
	2025		2025		2025		2024		2024






Cash dividends declared per common share	$	0.155	$	0.155	$	0.155	$	0.155	$	0.155
Common shares outstanding (in millions):
Average - basic	1,459		1,457		1,454		1,453		1,453
Average - diluted	1,485		1,481		1,482		1,481		1,477
Ending	1,459		1,459		1,457		1,454		1,453
Tangible book value per common share	$	9.54	$	9.13	$	8.80	$	8.33	$	8.65

Non-Regulatory Capital


	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Calculation of tangible equity / asset ratio:
Total Huntington shareholders’ equity	$	22,248		$	20,928		$	20,434		$	19,740		$	20,606
Goodwill and other intangible assets	(5,611)			(5,635)			(5,646)			(5,657)			(5,669)
Deferred tax liability on other intangible assets (1)	13			16			18			20			23
Total tangible equity	16,650			15,309			14,806			14,103			14,960
Preferred equity	(2,731)			(1,989)			(1,989)			(1,989)			(2,394)
Total tangible common equity	$	13,919		$	13,320		$	12,817		$	12,114		$	12,566
Total assets	$	210,228		$	207,742		$	209,596		$	204,230		$	200,535
Goodwill and other intangible assets	(5,611)			(5,635)			(5,646)			(5,657)			(5,669)
Deferred tax liability on other intangible assets (1)	13			16			18			20			23
Total tangible assets	$	204,630		$	202,123		$	203,968		$	198,593		$	194,889
Tangible equity / tangible asset ratio	8.1		%	7.6		%	7.3		%	7.1		%	7.7		%
Tangible common equity / tangible asset ratio	6.8			6.6			6.3			6.1			6.4
Tangible common equity / RWA ratio (2)	9.3			9.0			8.9			8.4			8.8

(1)Deferred tax liability related to other intangible assets is calculated at a 21% tax rate.

(2)Estimated at September 30, 2025.

Other Data


	September 30,	June 30,	March 31,	December 31,	September 30,
	2025	2025	2025	2024	2024
Number of employees (Average full-time equivalent)	20,247	20,242	20,092	20,045	20,043
Number of domestic full-service branches (1)	972	971	968	978	975
ATM Count	1,593	1,565	1,560	1,577	1,585

(1)Includes Regional Banking and The Huntington Private Bank offices.

Huntington Bancshares Incorporated

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

(Unaudited)

Return on Average Tangible Common Shareholders' Equity


	Three Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2025			2025			2025			2024			2024
Calculation of average tangible common shareholders' equity ratio:
Average Huntington common shareholders' equity	$	19,197		$	18,559		$	18,007		$	17,979		$	17,719
Less: Intangible assets and goodwill, net of tax effect	5,610			5,624			5,632			5,641			5,650
Average tangible common shareholders' equity (A)	$	13,587		$	12,935		$	12,375		$	12,338		$	12,069
Net income applicable to common shares	$	602		$	509		$	500		$	498		$	481
Add: Amortization of intangibles, net of deferred tax	8			9			9			9			9
Adjusted net income applicable to common shares	$	610		$	518		$	509		$	507		$	490



Adjusted net income applicable to common shares, annualized (B)	$	2,420		$	2,078		$	2,064		$	2,021		$	1,949

Return on average tangible common shareholders' equity (B/A)	17.8		%	16.1		%	16.7		%	16.4		%	16.2		%

Huntington Bancshares Incorporated

Consolidated Year-To-Date Average Balance Sheets

(Unaudited)


	YTD Average Balances (1)
	Nine Months Ended September 30,				Change
(dollar amounts in millions)	2025		2024		Amount		Percent
Assets


Interest-earning deposits with banks	$	11,907	$	11,141	$	766	7	%
Securities:
Trading account securities	584		137		447		326
Available-for-sale securities:
Taxable	23,913		24,049		(136)		(1)
Tax-exempt	3,274		2,686		588		22
Total available-for-sale securities	27,187		26,735		452		2


Held-to-maturity securities - taxable	16,078		15,285		793		5





Other securities	882		777		105		14
Total securities	44,731		42,934		1,797		4
Loans held for sale	742		569		173		30
Loans and leases: (2)
Commercial:
Commercial and industrial	59,477		51,517		7,960		15
Commercial real estate:
Commercial	9,942		11,148		(1,206)		(11)
Construction	889		1,007		(118)		(12)
Commercial real estate	10,831		12,155		(1,324)		(11)
Lease financing	5,472		5,111		361		7
Total commercial	75,780		68,783		6,997		10
Consumer:
Residential mortgage	24,412		23,898		514		2
Automobile	15,167		13,044		2,123		16
Home equity	10,195		10,072		123		1
RV and marine	5,910		5,968		(58)		(1)
Other consumer	1,880		1,511		369		24
Total consumer	57,564		54,493		3,071		6
Total loans and leases	133,344		123,276		10,068		8
Total earning assets	190,724		177,920		12,804		7
Cash and due from banks	1,419		1,413		6		—
Goodwill and other intangible assets	5,639		5,686		(47)		(1)


All other assets	9,790		9,376		414		4
Total assets	$	207,572	$	194,395	$	13,177	7	%
Liabilities and shareholders' equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	44,755	$	39,931	$	4,824	12	%
Money market deposits	61,111		53,495		7,616		14
Savings deposits	15,012		15,307		(295)		(2)
Time deposits	13,347		15,432		(2,085)		(14)
Total interest-bearing deposits	134,225		124,165		10,060		8
Short-term borrowings	1,322		1,112		210		19
Long-term debt	17,372		14,936		2,436		16
Total interest-bearing liabilities	152,919		140,213		12,706		9
Demand deposits - noninterest-bearing	29,067		29,444		(377)		(1)
All other liabilities	4,904		5,160		(256)		(5)
Total Liabilities	186,890		174,817		12,073		7
Total Huntington shareholders’ equity	20,636		19,529		1,107		6
Non-controlling interest	46		49		(3)		(6)
Total equity	20,682		19,578		1,104		6
Total liabilities and equity	$	207,572	$	194,395	$	13,177	7	%

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

(2)Includes nonaccrual loans and leases.

Huntington Bancshares Incorporated

Consolidated Year-To-Date Net Interest Margin - Interest Income / Expense (1) (2)

(Unaudited)


	YTD Interest Income / Expense
	Nine Months Ended September 30,
(dollar amounts in millions)	2025		2024
Assets


Interest-earning deposits with banks	$	402	$	462
Securities:
Trading account securities	17		5
Available-for-sale securities:
Taxable	811		949
Tax-exempt	124		103
Total available-for-sale securities	935		1,052
Held-to-maturity securities - taxable	320		281



Other securities	36		30
Total securities	1,308		1,368
Loans held for sale	36		29
Loans and leases:
Commercial:
Commercial and industrial	2,746		2,470
Commercial real estate:
Commercial	504		636
Construction	51		64
Commercial real estate	555		700
Lease financing	274		247
Total commercial	3,575		3,417
Consumer:
Residential mortgage	762		700
Automobile	660		521
Home equity	550		590
RV and marine	237		229
Other consumer	163		134
Total consumer	2,372		2,174
Total loans and leases	5,947		5,591
Total earning assets	$	7,693	$	7,450
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	663	$	649
Money market deposits	1,388		1,515
Savings deposits	31		9
Time deposits	380		536
Total interest-bearing deposits	2,462		2,709
Short-term borrowings	40		52
Long-term debt	744		700
Total interest-bearing liabilities	3,246		3,461

Net interest income	$	4,447	$	3,989

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

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

Huntington Bancshares Incorporated

Consolidated Year-To-Date Net Interest Margin - Yields / Rates

(Unaudited)


	YTD Average Yields / Rates
	Nine Months Ended September 30,
Fully-taxable equivalent basis (1)	2025		2024
Assets


Interest-earning deposits with banks	4.50	%	5.53	%
Securities:
Trading account securities	3.82		4.52
Available-for-sale securities:
Taxable	4.52		5.26
Tax-exempt	5.06		5.12
Total available-for-sale securities	4.58		5.25
Held-to-maturity securities - taxable	2.65		2.45



Other securities	5.43		5.09
Total securities	3.90		4.25
Loans held for sale	6.47		6.77
Loans and leases: (2)
Commercial:
Commercial and industrial	6.09		6.30
Commercial real estate:
Commercial	6.69		7.50
Construction	7.54		8.37
Commercial real estate	6.76		7.57
Lease financing	6.61		6.35
Total commercial	6.22		6.53
Consumer:
Residential mortgage	4.16		3.91
Automobile	5.82		5.33
Home equity	7.21		7.83
RV and marine	5.35		5.13
Other consumer	11.49		11.78
Total consumer	5.50		5.33
Total loans and leases	5.91		6.00
Total earning assets	5.39	%	5.59	%
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	1.98	%	2.17	%
Money market deposits	3.04		3.78
Savings deposits	0.28		0.08
Time deposits	3.81		4.64
Total interest-bearing deposits	2.45		2.91
Short-term borrowings	4.04		6.22
Long-term debt	5.71		6.25
Total interest-bearing liabilities	2.84		3.30

Net interest rate spread	2.55		2.29
Impact of noninterest-bearing funds on margin	0.57		0.71
Net interest margin	3.12	%	3.00	%


Additional information:
Commercial Loan Derivative Impact
Commercial loans (2) (3)	6.52	%	7.25	%
Impact of commercial loan derivatives	(0.30)		(0.72)
Total commercial - as reported	6.22	%	6.53	%
Average SOFR	4.33	%	5.30	%

Total cost of deposits (4)	2.02	%	2.36	%

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

(2)Includes nonaccrual loans and leases.

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

(4)Includes noninterest-bearing and interest-bearing deposit balances.

Huntington Bancshares Incorporated

Selected Year-To-Date Income Statement Data

(Unaudited)


	Nine Months Ended September 30,				Change
(dollar amounts in millions, except per share data)	2025		2024		Amount		Percent
Interest income	$	7,645	$	7,411	$	234	3	%
Interest expense	3,246		3,461		(215)		(6)
Net interest income	4,399		3,950		449		11
Provision for credit losses	340		313		27		9
Net interest income after provision for credit losses	4,059		3,637		422		12
Payments and cash management revenue	494		458		36		8
Wealth and asset management revenue	307		271		36		13
Customer deposit and loan fees	283		246		37		15
Capital markets and advisory fees	245		207		38		18
Mortgage banking income	102		99		3		3
Leasing revenue	47		60		(13)		(22)
Insurance income	59		55		4		7


Net gains (losses) on sales of securities	(58)		—		(58)		(100)
Other noninterest income	114		85		29		34
Total noninterest income	1,593		1,481		112		8
Personnel costs	2,150		1,986		164		8
Outside data processing and other services	550		498		52		10
Equipment	201		197		4		2
Net occupancy	176		165		11		7
Marketing	91		88		3		3
Deposit and other insurance expense	66		94		(28)		(30)
Professional services	75		72		3		4
Amortization of intangibles	33		35		(2)		(6)
Lease financing equipment depreciation	10		12		(2)		(17)
Other noninterest expense	243		237		6		3
Total noninterest expense	3,595		3,384		211		6
Income before income taxes	2,057		1,734		323		19
Provision for income taxes	351		308		43		14
Income after income taxes	1,706		1,426		280		20
Income attributable to non-controlling interest	14		16		(2)		(13)
Net income attributable to Huntington	1,692		1,410		282		20
Dividends on preferred shares	81		107		(26)		(24)

Net income applicable to common shares	$	1,611	$	1,303	$	308	24	%
Average common shares - basic	1,457		1,451		6		—
Average common shares - diluted	1,483		1,475		8		1
Per common share
Net income - basic	$	1.11	$	0.90	$	0.21	23	%
Net income - diluted	1.09		0.88		0.21		24
Cash dividends declared	0.465		0.465		—		—
Revenue - fully taxable equivalent (FTE)
Net interest income	$	4,399	$	3,950	$	449	11	%
FTE adjustment	48		39		9		23
Net interest income (1)	4,447		3,989		458		11
Noninterest income	1,593		1,481		112		8
Total revenue (1)	$	6,040	$	5,470	$	570	10	%

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

Huntington Bancshares Incorporated

Year-To-Date Mortgage Banking Noninterest Income

(Unaudited)


	Nine Months Ended September 30,						Change
(dollar amounts in millions)	2025			2024			Amount			Percent
Net origination and secondary marketing income	$	74		$	58		$	16		28	%
Net mortgage servicing income
Loan servicing income	78			75			3			4
Amortization of capitalized servicing	(48)			(39)			(9)			(23)
Operating income	30			36			(6)			(17)
MSR valuation adjustment (1)	(16)			6			(22)			(367)
(Losses) gains due to MSR hedging	13			(2)			15			750
Net MSR risk management	(3)			4			(7)			—
Total net mortgage servicing income	27			40			(13)			(33)
All other	1			1			—			—
Mortgage banking income	$	102		$	99		$	3		3	%

Mortgage origination volume	$	6,254		$	5,323		$	931		17	%
Mortgage origination volume for sale	3,962			3,219			743			23

Third party mortgage loans serviced (2)	34,370			33,565			805			2
Mortgage servicing rights (2)	576			515			61			12
MSR % of investor servicing portfolio (2)	1.67		%	1.53		%	0.14		%	9	%

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

(2)At period end.

Huntington Bancshares Incorporated

Year-To-Date Credit Reserves Analysis

(Unaudited)


	Nine Months Ended September 30,
(dollar amounts in millions)	2025			2024
Allowance for loan and lease losses, beginning of period	$	2,244		$	2,255
Loan and lease charge-offs	(381)			(402)
Recoveries of loans and leases previously charged off	154			127
Net loan and lease charge-offs	(227)			(275)
Provision for loan and lease losses	357			255
Allowance for loan and lease losses, end of period	2,374			2,235
Allowance for unfunded lending commitments, beginning of period	$	202		$	145

Provision for unfunded lending commitments	(14)			56


Allowance for unfunded lending commitments, end of period	188			201
Total allowance for credit losses, end of period	$	2,562		$	2,436
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.72		%	1.77		%
Nonaccrual loans and leases (NALs)	294			303
Nonperforming assets (NPAs)	289			285
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.86		%	1.93		%
Nonaccrual loans and leases (NALs)	317			330
Nonperforming assets (NPAs)	312			311

Huntington Bancshares Incorporated

Year-To-Date Net Charge-Off Analysis

(Unaudited)


	Nine Months Ended September 30,
(dollar amounts in millions)	2025			2024
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial	$	119		$	114



Commercial real estate	(15)			54
Lease financing	7			(2)
Total commercial	111			166
Consumer:
Residential mortgage	1			1
Automobile	30			23
Home equity	1			(1)
RV and marine	16			15
Other consumer	68			71
Total consumer	116			109
Total net charge-offs	$	227		$	275




Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial	0.27		%	0.29		%



Commercial real estate	(0.18)			0.59
Lease financing	0.16			(0.05)
Total commercial	0.20			0.32
Consumer:
Residential mortgage	0.01			—
Automobile	0.26			0.24
Home equity	0.01			—
RV and marine	0.36			0.33
Other consumer	4.89			6.25
Total consumer	0.27			0.27
Net charge-offs as a % of average loans	0.23		%	0.30		%

Huntington Bancshares Incorporated

Year-To-Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)


	At September 30,
(dollar amounts in millions)	2025			2024
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	455		$	408
Commercial real estate	131			132
Lease financing	10			9
Residential mortgage	97			82
Automobile	6			5
Home equity	108			100
RV and marine	1			2

Total nonaccrual loans and leases	808			738



Other real estate, net	10			8
Other NPAs (1)	3			38
Total nonperforming assets	$	821		$	784

Nonaccrual loans and leases as a % of total loans and leases	0.59		%	0.58		%
NPA ratio (2)	0.60			0.62
(NPA+90days)/(Loan+OREO) (3)	0.76			0.80


	Nine Months Ended September 30,
(dollar amounts in millions)	2025		2024
Nonperforming assets, beginning of period	$	822	$	711
New nonperforming assets	845		833


Returns to accruing status	(83)		(178)
Charge-offs	(174)		(199)
Payments	(548)		(375)
Sales	(41)		(8)
Nonperforming assets, end of period	$	821	$	784

(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.