Document

Please wait

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

June 30, 2026

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 - Yield / Rate			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

Basis of Presentation

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 (FTE) 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.

Notable Items

From time to time, revenue, expenses, or taxes are impacted by items judged by management to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsized impact is believed by management at that time to be infrequent or short term in nature. We refer to such items as “Notable Items.” Management believes it is useful to consider certain financial metrics with and without Notable Items, in order to enable a better understanding of company results, increase comparability of period-to-period results, and to evaluate and forecast those results.

Huntington Bancshares Incorporated

Quarterly Key Statistics

(Unaudited)


	Three Months Ended
(dollar amounts in millions, except per share data)	June 30,			March 31,			June 30,			Percent Changes vs.
	2026			2026			2025			1Q26		2Q25
Net interest income - FTE (1)	$	2,072		$	1,910		$	1,483		8	%	40	%
FTE adjustment	(20)			(19)			(16)			(5)		(25)
Net interest income	2,052			1,891			1,467			9		40
Provision for credit losses	132			158			103			(16)		28
Noninterest income	785			682			471			15		67
Noninterest expense	1,809			1,774			1,197			2		51
Income before income taxes	896			641			638			40		40
Provision for income taxes	165			114			96			45		72
Income after income taxes	731			527			542			39		35
Income attributable to non-controlling interest	4			4			6			—		(33)
Net income attributable to Huntington	727			523			536			39		36
Dividends on preferred shares	41			41			27			—		52

Net income applicable to common shares	$	686		$	482		$	509		42	%	35	%

Net income per common share - diluted	$	0.33		$	0.25		$	0.34		32	%	(3)	%
Cash dividends declared per common share	0.155			0.155			0.155			—		—
Tangible book value per common share at end of period (2)	9.65			9.55			9.13			1		6

Average common shares - basic	2,021			1,869			1,457			8		39
Average common shares - diluted	2,048			1,901			1,481			8		38
Ending common shares outstanding	2,020			2,027			1,459			—		38
Return on average assets	1.02		%	0.81		%	1.04		%
Return on average common shareholders’ equity	9.3			7.2			11.0
Return on average tangible common shareholders’ equity (3)	15.1			11.6			16.1
Net interest margin (1)	3.21			3.24			3.11
Efficiency ratio (4)	61.5			67.2			59.0
Effective tax rate	18.4			17.8			15.0
Average total assets	$	284,481		$	262,170		$	207,852		9	%	37	%
Average earning assets	258,600			238,973			191,092			8		35
Average loans and leases	189,255			174,216			133,171			9		42

Average total deposits	223,403			204,616			163,429			9		37
Average Huntington shareholders’ equity	32,555			29,896			20,548			9		58
Average common shareholders' equity	29,675			27,050			18,559			10		60
Average tangible common shareholders' equity	19,404			18,024			12,935			8		50
Total assets at end of period	283,984			285,372			207,742			—		37
Total Huntington shareholders’ equity at end of period	32,624			32,535			20,928			—		56

NCOs as a % of average loans and leases	0.25		%	0.26		%	0.20		%
NAL ratio	0.84			0.71			0.62
NPA ratio (5)	0.85			0.72			0.63
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period	1.72			1.72			1.73
Allowance for credit losses (ACL) as a % of total loans and leases at the end of period	1.78			1.78			1.86
Common equity tier 1 risk-based capital ratio (6)	10.0			10.2			10.5
Tangible common equity / tangible asset ratio (7)	7.1			7.0			6.6

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

Huntington Bancshares Incorporated

Year-to-Date Key Statistics

(Unaudited)


	Six Months Ended June 30,						Change
(dollar amounts in millions, except per share data)	2026			2025			Amount		Percent
Net interest income - FTE (1)	$	3,982		$	2,924		$	1,058	36	%
FTE adjustment	(39)			(31)			(8)		(26)
Net interest income	3,943			2,893			1,050		36
Provision for credit losses	290			218			72		33
Noninterest income	1,467			965			502		52
Noninterest expense	3,583			2,349			1,234		53
Income before income taxes	1,537			1,291			246		19
Provision for income taxes	279			218			61		28
Income after income taxes	1,258			1,073			185		17
Income attributable to non-controlling interest	8			10			(2)		(20)
Net income attributable to Huntington	1,250			1,063			187		18
Dividends on preferred shares	82			54			28		52

Net income applicable to common shares	$	1,168		$	1,009		$	159	16	%

Net income per common share - diluted	$	0.59		$	0.68		$	(0.09)	(13)	%
Cash dividends declared per common share	0.31			0.31			—		—
Average common shares - basic	1,946			1,456			490		34
Average common shares - diluted	1,975			1,482			493		33
Return on average assets	0.92		%	1.04		%
Return on average common shareholders’ equity	8.3			11.1
Return on average tangible common shareholders’ equity (3)	13.4			16.4
Net interest margin (1)	3.23			3.11
Efficiency ratio (4)	64.2			58.9
Effective tax rate	18.1			16.8
Average total assets	$	273,387		$	206,477		$	66,910	32	%
Average earning assets	248,841			189,703			59,138		31
Average loans and leases	181,777			132,023			49,754		38
Average total deposits	214,061			162,519			51,542		32

Average Huntington shareholders’ equity	31,233			20,274			10,959		54
Average common shareholders' equity	28,370			18,285			10,085		55
Average tangible common shareholders' equity	18,718			12,657			6,061		48

NCOs as a % of average loans and leases	0.25		%	0.23		%

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

Notes to Quarterly and Year-to-Date Key Statistics

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(2)Tangible book value per common share, a non-GAAP measure, is calculated as tangible common shareholders' equity divided by period end common shares outstanding.

(3)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 on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(4)Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding securities gains (losses), which represents a non-GAAP measure.

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

(6)June 30, 2026 figure is estimated.

(7)Tangible common equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets), which represents a non-GAAP measure. Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate. See page 17 for reconciliation.

Huntington Bancshares Incorporated

Consolidated Balance Sheets


	At June 30,		At March 31,		At December 31,		Percent Changes vs.
(dollar amounts in millions)	2026		2026		2025		1Q26		4Q25
	(Unaudited)		(Unaudited)
Assets
Cash and due from banks	$	3,330	$	2,096	$	1,783	59	%	87	%


Interest-earning deposits with banks	12,714		17,579		12,295		(28)		3
Trading account assets	326		199		63		64		417
Available-for-sale securities	35,206		35,557		26,132		(1)		35
Held-to-maturity securities	14,384		14,768		15,258		(3)		(6)


Other securities	1,383		1,281		994		8		39
Loans held for sale	1,886		1,073		1,415		76		33
Loans and leases (1)	189,422		188,818		149,642		—		27
Allowance for loan and lease losses	(3,249)		(3,243)		(2,537)		—		(28)
Net loans and leases	186,173		185,575		147,105		—		27
Bank-owned life insurance	3,676		3,673		2,902		—		27
Accrued income and other receivables	2,960		2,197		2,621		35		13
Premises and equipment	2,171		2,138		1,321		2		64
Goodwill	9,527		9,527		5,997		—		59
Servicing rights and other intangible assets	1,691		1,727		752		(2)		125
Other assets	8,557		7,982		6,468		7		32
Total assets	$	283,984	$	285,372	$	225,106	—	%	26	%

Liabilities and shareholders' equity
Liabilities
Deposits (2)	$	222,466	$	223,482	$	176,610	—	%	26	%
Short-term borrowings	3,111		1,875		1,261		66	%	147	%
Long-term debt	18,738		21,594		17,221		(13)		9
Other liabilities	7,004		5,840		5,635		20		24
Total liabilities	251,319		252,791		200,727		(1)		25

Shareholders' equity
Preferred stock	2,881		2,881		2,731		—		5
Common stock	20		20		16		—		25
Capital surplus	25,150		25,273		17,244		—		46
Less treasury shares, at cost	(94)		(95)		(92)		1		(2)
Accumulated other comprehensive income (loss)	(2,213)		(2,059)		(1,908)		(7)		(16)
Retained earnings	6,880		6,515		6,351		6		8
Total Huntington shareholders’ equity	32,624		32,535		24,342		—		34
Non-controlling interest	41		46		37		(11)		11
Total equity	32,665		32,581		24,379		—		34
Total liabilities and equity	$	283,984	$	285,372	$	225,106	—	%	26	%

Common shares authorized (par value of $0.01)	2,250,000,000		2,250,000,000		2,250,000,000
Common shares outstanding	2,020,414,826		2,027,130,587		1,567,732,506
Treasury shares outstanding	7,152,410		7,269,138		7,187,541
Preferred stock, authorized shares	6,617,808		6,617,808		6,617,808
Preferred shares outstanding	891,900		891,900		885,000

(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)


	June 30,				March 31,				December 31,				September 30,				June 30,
(dollar amounts in millions)	2026				2026				2025				2025				2025
Ending balances by type:
Total loans and leases
Commercial:
Commercial and industrial	$	91,378	49	%	$	89,282	47	%	$	69,442	46	%	$	62,978	45	%	$	60,723	45	%



Commercial real estate	23,457		12		24,337		13		15,209		10		10,732		8		10,698		8
Lease financing	5,714		3		5,796		3		5,727		4		5,515		4		5,516		4
Total commercial	120,549		64		119,415		63		90,378		60		79,225		57		76,937		57
Consumer:
Residential mortgage	33,221		18		33,458		19		24,777		17		24,502		18		24,527		19
Automobile	15,460		8		15,953		8		16,168		11		15,996		12		15,382		11
Home equity	11,884		6		11,831		6		10,395		7		10,314		7		10,221		8
RV and marine	5,706		3		5,627		3		5,682		4		5,805		4		5,907		4
Other consumer	2,602		1		2,534		1		2,242		1		2,114		2		1,986		1
Total consumer	68,873		36		69,403		37		59,264		40		58,731		43		58,023		43
Total loans and leases	$	189,422	100	%	$	188,818	100	%	$	149,642	100	%	$	137,956	100	%	$	134,960	100	%

Ending balances by business segment:
Consumer & Regional Banking	$	103,317	55	%	$	104,578	55	%	$	79,069	53	%	$	75,027	55	%	$	73,887	55	%
Commercial Banking	86,089		45		84,199		45		70,391		47		62,755		45		60,823		45



Treasury / Other	16		—		41		—		182		—		174		—		250		—
Total loans and leases	$	189,422	100	%	$	188,818	100	%	$	149,642	100	%	$	137,956	100	%	$	134,960	100	%

Average balances by business segment:
Consumer & Regional Banking	$	104,270	55	%	$	95,969	55	%	$	77,908	53	%	$	74,306	55	%	$	73,154	55	%
Commercial Banking	84,706		45		78,029		45		68,388		47		61,373		45		59,806		45



Treasury / Other	279		—		218		—		311		—		265		—		211		—
Total loans and leases	$	189,255	100	%	$	174,216	100	%	$	146,607	100	%	$	135,944	100	%	$	133,171	100	%

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)


	June 30,				March 31,				December 31,				September 30,				June 30,
(dollar amounts in millions)	2026				2026				2025				2025				2025
Ending balances by type:
Total deposits
Demand deposits - noninterest-bearing	$	40,129	18	%	$	40,839	18	%	$	32,205	18	%	$	28,596	17	%	$	28,656	18	%
Demand deposits - interest-bearing	62,395		28		61,086		27		48,510		27		46,056		28		45,468		28
Money market deposits	75,717		34		75,554		34		65,123		37		62,837		38		60,998		37
Savings deposits	18,820		9		18,971		9		15,426		9		14,986		9		15,112		9
Time deposits	25,405		11		27,032		12		15,346		9		12,737		8		13,146		8




Total deposits	$	222,466	100	%	$	223,482	100	%	$	176,610	100	%	$	165,212	100	%	$	163,380	100	%






Ending balances by business segment:

Consumer & Regional Banking	$	150,687	68	%	$	153,000	69	%	$	117,188	66	%	$	110,043	67	%	$	111,926	68	%
Commercial Banking	62,713		28		60,775		27		50,657		29		47,651		28		43,691		27


Treasury / Other	9,066		4		9,707		4		8,765		5		7,518		5		7,763		5
Total deposits	$	222,466	100	%	$	223,482	100	%	$	176,610	100	%	$	165,212	100	%	$	163,380	100	%









Average balances by business segment:

Consumer & Regional Banking	$	152,612	68	%	$	138,557	67	%	$	114,613	66	%	$	111,138	68	%	$	112,135	69	%
Commercial Banking	61,597		28		56,622		28		50,470		29		46,346		28		43,288		26


Treasury / Other	9,194		4		9,437		5		8,073		5		7,328		4		8,006		5
Total deposits	$	223,403	100	%	$	204,616	100	%	$	173,156	100	%	$	164,812	100	%	$	163,429	100	%

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)


	Quarterly Average Balances (1)
	June 30,		March 31,		December 31,		September 30,		June 30,		Percent Changes vs.
(dollar amounts in millions)	2026		2026		2025		2025		2025		1Q26		2Q25
Assets:



Interest-earning deposits with banks	$	16,977	$	15,634	$	12,231	$	11,823	$	12,264	9	%	38	%
Trading account assets	281		235		112		629		634		20		(56)
Investment and other securities:
Available-for-sale securities:
Taxable	31,486		28,063		22,879		23,485		24,015		12		31
Tax-exempt	3,487		3,441		3,405		3,318		3,251		1		7
Total available-for-sale securities	34,973		31,504		26,284		26,803		27,266		11		28


Held-to-maturity securities - taxable	14,571		14,975		15,397		15,752		16,130		(3)		(10)





Other securities	1,369		1,219		949		888		881		12		55
Total investment and other securities	50,913		47,698		42,630		43,443		44,277		7		15
Loans held for sale	1,174		1,190		931		893		746		(1)		57
Loans and leases: (2)
Commercial:
Commercial and industrial	90,371		81,535		67,378		61,440		59,393		11		52



Commercial real estate	23,925		21,138		14,268		10,692		10,785		13		122
Lease financing	5,726		5,754		5,498		5,483		5,458		—		5
Total commercial	120,022		108,427		87,144		77,615		75,636		11		59
Consumer:
Residential mortgage	33,515		30,392		25,098		24,511		24,423		10		37
Automobile	15,650		16,056		16,114		15,693		15,132		(3)		3
Home equity	11,878		11,325		10,372		10,264		10,196		5		16
RV and marine	5,646		5,631		5,747		5,860		5,921		—		(5)
Other consumer	2,544		2,385		2,132		2,001		1,863		7		37
Total consumer	69,233		65,789		59,463		58,329		57,535		5		20
Total loans and leases	189,255		174,216		146,607		135,944		133,171		9		42
Total earning assets	258,600		238,973		202,511		192,732		191,092		8		35
Cash and due from banks	2,036		1,778		1,396		1,445		1,407		15		45
Goodwill and other intangible assets	10,468		9,175		6,043		5,625		5,640		14		86


All other assets	13,377		12,244		10,280		9,925		9,713		9		38
Total assets	$	284,481	$	262,170	$	220,230	$	209,727	$	207,852	9	%	37	%
Liabilities and shareholders' equity:
Interest-bearing deposits:
Demand deposits - interest-bearing	$	62,388	$	52,985	$	47,185	$	45,980	$	44,677	18	%	40	%
Money market deposits	75,309		75,216		65,182		62,009		61,090		—		23
Savings deposits	18,940		18,033		15,360		15,042		15,127		5		25
Time deposits	26,758		22,864		14,661		12,773		13,290		17		101




Total interest-bearing deposits	183,395		169,098		142,388		135,804		134,184		8		37
Short-term borrowings	1,887		1,745		897		1,267		1,261		8		50
Long-term debt	20,971		20,248		17,335		17,433		17,776		4		18
Total interest-bearing liabilities	206,253		191,091		160,620		154,504		153,221		8		35
Demand deposits - noninterest-bearing	40,008		35,518		30,768		29,008		29,245		13		37
All other liabilities	5,620		5,624		4,907		4,826		4,788		—		17
Total liabilities	251,881		232,233		196,295		188,338		187,254		8		35
Total Huntington shareholders’ equity	32,555		29,896		23,896		21,348		20,548		9		58
Non-controlling interest	45		41		39		41		50		10		(10)
Total equity	32,600		29,937		23,935		21,389		20,598		9		58
Total liabilities and equity	$	284,481	$	262,170	$	220,230	$	209,727	$	207,852	9	%	37	%

(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)
	June 30,		March 31,		December 31,		September 30,		June 30,
(dollar amounts in millions)	2026		2026		2025		2025		2025
Assets


Interest-earning deposits with banks	$	156	$	141	$	124	$	134	$	139
Trading account assets	3		2		—		7		6
Investment and other securities:
Available-for-sale securities:
Taxable	285		258		212		246		278
Tax-exempt	43		42		43		41		41
Total available-for-sale securities	328		300		255		287		319
Held-to-maturity securities - taxable	97		99		103		105		107



Other securities	17		16		11		12		12
Total investment and other securities	442		415		369		404		438
Loans held for sale	19		18		14		15		12
Loans and leases:
Commercial:
Commercial and industrial	1,336		1,191		1,023		959		914



Commercial real estate	370		327		233		187		183
Lease financing	101		99		91		93		92
Total commercial	1,807		1,617		1,347		1,239		1,189
Consumer:
Residential mortgage	404		353		269		259		253
Automobile	229		232		241		234		219
Home equity	202		193		184		190		186
RV and marine	76		76		80		80		79
Other consumer	64		58		54		55		51
Total consumer	975		912		828		818		788
Total loans and leases	2,782		2,529		2,175		2,057		1,977
Total earning assets	$	3,402	$	3,105	$	2,682	$	2,617	$	2,572
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	285	$	246	$	227	$	235	$	223
Money market deposits	493		446		437		466		464
Savings deposits	39		30		19		13		11
Time deposits	231		198		137		116		124




Total interest-bearing deposits	1,048		920		820		830		822
Short-term borrowings	18		16		10		13		13
Long-term debt	264		259		243		251		254
Total interest-bearing liabilities	1,330		1,195		1,073		1,094		1,089
Net interest income	$	2,072	$	1,910	$	1,609	$	1,523	$	1,483

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, 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 - Yield / Rate

(Unaudited)


	Quarterly Average Yield / Rate (1)
	June 30,		March 31,		December 31,		September 30,		June 30,
	2026		2026		2025		2025		2025
Assets
Interest-earning deposits with banks	3.67	%	3.62	%	4.03	%	4.53	%	4.52	%
Trading account assets	3.97		3.70		2.58		4.03		3.72
Investment and other securities:
Available-for-sale securities:
Taxable	3.62		3.67		3.72		4.19		4.62
Tax-exempt	4.92		4.86		4.99		5.02		4.93
Total available-for-sale securities	3.75		3.80		3.88		4.29		4.66
Held-to-maturity securities - taxable	2.65		2.65		2.66		2.66		2.66



Other securities	5.00		5.17		4.86		5.15		5.85
Total investment and other securities	3.47		3.48		3.46		3.72		3.95
Loans held for sale	6.16		6.19		6.13		6.52		6.43
Loans and leases: (2)
Commercial:
Commercial and industrial	5.85		5.85		5.94		6.11		6.09



Commercial real estate	6.12		6.17		6.39		6.86		6.71
Lease financing	6.98		6.86		6.48		6.69		6.66
Total commercial	5.96		5.96		6.05		6.25		6.22
Consumer:
Residential mortgage	4.81		4.65		4.29		4.23		4.15
Automobile	5.87		5.86		5.93		5.92		5.82
Home equity	6.85		6.89		7.02		7.34		7.32
RV and marine	5.44		5.44		5.53		5.41		5.31
Other consumer	10.09		9.88		10.11		10.82		10.88
Total consumer	5.65		5.59		5.54		5.57		5.49
Total loans and leases	5.84		5.82		5.84		5.96		5.91
Total earning assets	5.28		5.27		5.25		5.39		5.40
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	1.83		1.88		1.91		2.02		2.00
Money market deposits	2.62		2.41		2.66		2.99		3.05
Savings deposits	0.83		0.68		0.47		0.35		0.28
Time deposits	3.46		3.50		3.69		3.60		3.74
Total interest-bearing deposits	2.29		2.21		2.28		2.43		2.46
Short-term borrowings	3.65		3.83		4.45		3.90		4.37
Long-term debt	5.06		5.09		5.61		5.75		5.69
Total interest-bearing liabilities	2.59		2.53		2.65		2.81		2.85

Net interest rate spread	2.69		2.74		2.60		2.58		2.55
Impact of noninterest-bearing funds on margin	0.52		0.50		0.55		0.55		0.56
Net interest margin	3.21	%	3.24	%	3.15	%	3.13	%	3.11	%


Additional information:
Commercial Loan Derivative Impact
Commercial loans (2) (3)	6.02	%	6.04	%	6.23	%	6.50	%	6.49	%
Impact of commercial loan derivatives	(0.06)		(0.08)		(0.18)		(0.25)		(0.27)
Total commercial - as reported	5.96	%	5.96	%	6.05	%	6.25	%	6.22	%
Average SOFR	3.62	%	3.66	%	4.00	%	4.33	%	4.32	%

Total cost of deposits (4)	1.88	%	1.82	%	1.88	%	2.00	%	2.02	%

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate. See page 10 for the FTE adjustment.

(2)Includes nonaccrual loans and leases.

(3)Yields/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)	June 30,		March 31,		December 31,		September 30,		June 30,
	2026		2026		2025		2025		2025
Interest income	$	3,382	$	3,086	$	2,665	$	2,600	$	2,556
Interest expense	1,330		1,195		1,073		1,094		1,089
Net interest income	2,052		1,891		1,592		1,506		1,467
Provision for credit losses	132		158		123		122		103
Net interest income after provision for credit losses	1,920		1,733		1,469		1,384		1,364
Payments and cash management revenue	204		187		170		174		165
Wealth and asset management revenue	134		120		102		104		102
Customer deposit and loan fees	128		110		107		102		95
Capital markets and advisory fees	140		132		101		94		84
Mortgage banking income	53		32		39		43		28
Insurance income	21		21		22		20		19
Leasing revenue	29		13		19		23		10


Net gains (losses) on sales of securities	2		13		—		—		(58)
Other noninterest income	74		54		22		68		26
Total noninterest income	785		682		582		628		471
Personnel costs	1,010		992		845		757		722
Outside data processing and other services	326		311		222		198		182
Equipment	96		93		67		66		68
Net occupancy	90		85		56		57		54
Professional services	31		44		80		31		22
Marketing	38		37		36		34		28
Deposit and other insurance expense	38		35		(1)		9		20
Amortization of intangibles	54		41		13		11		11
Lease financing equipment depreciation	2		3		3		4		2
Other noninterest expense	124		133		99		79		88
Total noninterest expense	1,809		1,774		1,420		1,246		1,197
Income before income taxes	896		641		631		766		638
Provision for income taxes	165		114		108		133		96
Income after income taxes	731		527		523		633		542
Income attributable to non-controlling interest	4		4		4		4		6
Net income attributable to Huntington	727		523		519		629		536
Dividends on preferred shares	41		41		43		27		27

Net income applicable to common shares	$	686	$	482	$	476	$	602	$	509

Average common shares - basic	2,021		1,869		1,544		1,459		1,457
Average common shares - diluted	2,048		1,901		1,570		1,485		1,481

Per common share
Net income - basic	$	0.34	$	0.26	$	0.31	$	0.41	$	0.35
Net income - diluted	0.33		0.25		0.30		0.41		0.34
Cash dividends declared	0.155		0.155		0.155		0.155		0.155

Revenue - fully-taxable equivalent (FTE)
Net interest income	$	2,052	$	1,891	$	1,592	$	1,506	$	1,467
FTE adjustment	20		19		17		17		16
Net interest income FTE (1)	2,072		1,910		1,609		1,523		1,483
Noninterest income	785		682		582		628		471
Total revenue FTE (1)	$	2,857	$	2,592	$	2,191	$	2,151	$	1,954

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Noninterest Income

(Unaudited)


	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			Percent Changes vs.
(dollar amounts in millions)	2026			2026			2025			2025			2025			1Q26		2Q25
Net origination and secondary marketing income	$	45		$	35		$	28		$	30		$	26		29	%	73	%
Net mortgage servicing income
Loan servicing income	32			32			26			26			26			—		23
Amortization of capitalized servicing	(24)			(21)			(20)			(17)			(18)			(14)		(33)
Operating income	8			11			6			9			8			(27)		—
MSR valuation adjustment (1)	2			(5)			13			(1)			—			140		100
Gains (losses) due to MSR hedging	(2)			(10)			(8)			4			(6)			80		67
Net MSR risk management	—			(15)			5			3			(6)			100		100
Total net mortgage servicing income	8			(4)			11			12			2			300		300
All other	—			1			—			1			—			(100)		—
Mortgage banking income	$	53		$	32		$	39		$	43		$	28		66	%	89	%

Mortgage origination volume	$	3,581		$	2,323		$	2,178		$	2,243		$	2,412		54	%	48	%
Mortgage origination volume for sale	1,964			1,457			1,421			1,516			1,508			35		30

Third party mortgage loans serviced (2)	$	43,419		$	42,796		$	34,407		$	34,370		$	33,925		1	%	28	%
Mortgage servicing rights (2)	752			735			593			576			567			2		33
MSR % of investor servicing portfolio (2)	1.73		%	1.72		%	1.72		%	1.67		%	1.67		%	1	%	4	%

(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
	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025
Allowance for loan and lease losses, beginning of period	$	3,243		$	2,537		$	2,374		$	2,331		$	2,263

Loan and lease charge-offs	(191)			(173)			(145)			(137)			(111)
Recoveries of loans and leases previously charged off	72			62			56			62			45
Net loan and lease charge-offs	(119)			(111)			(89)			(75)			(66)
Provision for loan and lease losses	125			250			109			118			134
Allowance on purchased credit deteriorated (PCD) loans and leases at acquisition	—			322			71			—			—
Allowance on purchased seasoned loans and leases at acquisition (1)	—			245			72			—			—
Allowance for loan and lease losses, end of period	3,249			3,243			2,537			2,374			2,331
Allowance for unfunded lending commitments, beginning of period	125			206			188			184			215

Provision (benefit) for unfunded lending commitments	7			(92)			14			4			(31)
Allowance for unfunded lending commitments at acquisition	—			11			4			—			—

Allowance for unfunded lending commitments, end of period	132			125			206			188			184
Total allowance for credit losses, end of period	$	3,381		$	3,368		$	2,743		$	2,562		$	2,515
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.72		%	1.72		%	1.70		%	1.72		%	1.73		%
Nonaccrual loans and leases (NALs)	204			243			272			294			277
Nonperforming assets (NPAs)	202			239			269			289			274
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.78		%	1.78		%	1.83		%	1.86		%	1.86		%
Nonaccrual loans and leases (NALs)	213			253			295			317			299
Nonperforming assets (NPAs)	210			248			290			312			295

(1) Reflects Huntington's October 1, 2025 adoption of Accounting Standards Update (ASU) 2025-08 applicable to purchased loans whereby non-PCD loans acquired in a business combination are deemed "purchased seasoned loans" and subject to the gross-approach resulting in recognition of an allowance for credit losses at acquisition.



	June 30,		March 31,		December 31,		September 30,		June 30,
(dollar amounts in millions)	2026		2026		2025		2025		2025
Allocation of allowance for credit losses
Commercial
Commercial and industrial	$	1,443	$	1,390	$	1,070	$	1,084	$	1,068
Commercial real estate	800		819		569		419		417
Lease financing	96		96		92		65		63
Total commercial	2,339		2,305		1,731		1,568		1,548
Consumer
Residential mortgage	259		291		205		204		208
Automobile	169		178		181		172		161
Home equity	174		171		149		160		153
RV and marine	129		134		136		141		143
Other consumer	179		164		135		129		118
Total consumer	910		938		806		806		783
Total allowance for loan and lease losses	3,249		3,243		2,537		2,374		2,331
Allowance for unfunded lending commitments	132		125		206		188		184
Total allowance for credit losses	$	3,381	$	3,368	$	2,743	$	2,562	$	2,515

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)


	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial	$	66		$	54		$	40		$	39		$	32



Commercial real estate	3			2			8			(4)			(3)
Lease financing	(3)			—			(8)			1			2
Total commercial	66			56			40			36			31
Consumer:
Residential mortgage	3			1			—			—			1
Automobile	12			15			14			10			7
Home equity	1			—			—			1			—
RV and marine	6			7			6			4			5
Other consumer	31			32			29			24			22
Total consumer	53			55			49			39			35
Total net charge-offs	$	119		$	111		$	89		$	75		$	66





Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial	0.29		%	0.26		%	0.24		%	0.25		%	0.22		%



Commercial real estate	0.06			0.03			0.21			(0.13)			(0.14)
Lease financing	(0.18)			0.01			(0.53)			0.04			0.12
Total commercial	0.22			0.21			0.18			0.18			0.16
Consumer:
Residential mortgage	0.03			0.02			0.01			0.01			0.01
Automobile	0.32			0.38			0.36			0.26			0.19
Home equity	0.01			0.02			(0.01)			0.01			0.01
RV and marine	0.44			0.51			0.45			0.30			0.33
Other consumer	4.88			5.30			5.22			4.92			4.86
Total consumer	0.30			0.34			0.33			0.27			0.25
Net charge-offs as a % of average loans and leases	0.25		%	0.26		%	0.24		%	0.22		%	0.20		%

Huntington Bancshares Incorporated

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

(Unaudited)


	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	986		$	824		$	562		$	455		$	489
Commercial real estate	243			188			133			131			138
Lease financing	8			9			8			10			10
Residential mortgage	223			185			107			97			93
Automobile	7			6			6			6			5
Home equity	120			117			113			108			105
RV and marine	2			2			2			1			2
Other consumer	—			1			—			—			—
Total nonaccrual loans and leases	1,589			1,332			931			808			842



Other real estate, net	23			22			13			10			10
Other NPAs (1)	—			3			1			3			—
Total nonperforming assets	$	1,612		$	1,357		$	945		$	821		$	852

Nonaccrual loans and leases as a % of total loans and leases	0.84		%	0.71		%	0.62		%	0.59		%	0.62		%
NPA ratio (2)	0.85			0.72			0.63			0.60			0.63
(NPA+90days)/(Loan+OREO) (3)	1.08			0.94			0.82			0.76			0.81


	Three Months Ended
	June 30,		March 31,		December 31,		September 30,		June 30,
(dollar amounts in millions)	2026		2026		2025		2025		2025
Nonperforming assets, beginning of period	$	1,357	$	945	$	821	$	852	$	804
Acquired nonperforming assets	—		295		81		—		—
New nonperforming assets	737		403		300		252		343


Returns to accruing status	(36)		(52)		(22)		(25)		(27)
Charge-offs	(122)		(121)		(75)		(62)		(57)
Payments	(306)		(108)		(141)		(167)		(203)
Sales	(18)		(5)		(19)		(29)		(8)

Nonperforming assets, end of period	$	1,612	$	1,357	$	945	$	821	$	852

(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 owned.

Huntington Bancshares Incorporated

Quarterly Accruing Past Due Loans and Leases

(Unaudited)


	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025
Accruing loans and leases past due 90+ days:
Commercial and industrial	$	2		$	2		$	1		$	1		$	4
Commercial real estate	—			3			—			—			—
Lease financing	6			5			9			6			14
Residential mortgage (excluding loans guaranteed by the U.S. Government)	66			46			46			35			40
Automobile	12			12			14			12			10
Home equity	24			22			16			20			18
RV and marine	3			3			4			3			2
Other consumer	5			6			6			5			4
Total, excl. loans guaranteed by the U.S. Government	118			99			96			82			92
Add: loans guaranteed by U.S. Government	325			322			186			152			149
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government	$	443		$	421		$	282		$	234		$	241

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.06		%	0.05		%	0.06		%	0.06		%	0.07		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.17			0.17			0.12			0.11			0.11
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.23			0.22			0.19			0.17			0.18

Huntington Bancshares Incorporated

Quarterly Capital Under Current Regulatory Standards (Basel III)

(Unaudited)


	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025
Common equity tier 1 risk-based capital ratio: (1)
Total Huntington shareholders’ equity	$	32,624		$	32,535		$	24,342		$	22,248		$	20,928
Regulatory capital adjustments:

Shareholders’ preferred equity and related surplus	(2,891)			(2,891)			(2,741)			(2,741)			(1,999)
Accumulated other comprehensive loss	2,208			2,055			1,904			2,065			2,241
Goodwill and other intangibles, net of taxes	(10,126)			(10,180)			(5,999)			(5,481)			(5,508)
Deferred tax assets from tax loss and credit carryforwards	(427)			(359)			(220)			(167)			(123)
Common equity tier 1 capital	21,388			21,160			17,286			15,924			15,539
Additional tier 1 capital
Shareholders’ preferred equity and related surplus	2,891			2,891			2,741			2,741			1,999


Tier 1 capital	24,279			24,051			20,027			18,665			17,538
Long-term debt and other tier 2 qualifying instruments	2,127			2,126			1,480			1,477			1,606
Qualifying allowance for loan and lease losses	2,670			2,595			2,086			1,880			1,859
Tier 2 capital	4,797			4,721			3,566			3,357			3,465
Total risk-based capital	$	29,076		$	28,772		$	23,593		$	22,022		$	21,003
Risk-weighted assets (RWA) (1)	$	214,192		$	208,132		$	166,684		$	150,222		$	148,602
Common equity tier 1 risk-based capital ratio (1)	10.0		%	10.2		%	10.4		%	10.6		%	10.5		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	8.8			9.5			9.3			9.0			8.5
Tier 1 risk-based capital ratio (1)	11.3			11.6			12.0			12.4			11.8
Total risk-based capital ratio (1)	13.6			13.8			14.2			14.7			14.1




Reconciliation of Non-GAAP Measure (2)
Common equity tier 1 (CET1) capital (A)	$	21,388		$	21,160		$	17,286		$	15,924		$	15,539
Add: Accumulated other comprehensive income (loss) (AOCI)	(2,208)			(2,055)			(1,904)			(2,065)			(2,241)
Less: AOCI cash flow hedge	(167)			(49)			27			16			(7)
Adjusted common equity tier 1 (B)	19,347			19,154			15,355			13,843			13,305
Risk-weighted assets (RWA) (C)	214,192			208,132			166,684			150,222			148,602

CET1 ratio (A/C)	10.0		%	10.2		%	10.4		%	10.6		%	10.5		%
Adjusted CET1 ratio (B/C)	9.0			9.2			9.2			9.2			9.0

(1)June 30, 2026 figures are estimated.

(2) 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


	June 30,		March 31,		December 31,		September 30,		June 30,
	2026		2026		2025		2025		2025






Cash dividends declared per common share	$	0.155	$	0.155	$	0.155	$	0.155	$	0.155
Common shares outstanding (in millions):
Average - basic	2,021		1,869		1,544		1,459		1,457
Average - diluted	2,048		1,901		1,570		1,485		1,481
Ending	2,020		2,027		1,568		1,459		1,459
Tangible book value per common share (1)	$	9.65	$	9.55	$	9.89	$	9.54	$	9.13

(1) Represents a non-GAAP measure that excludes preferred stock and intangible assets, net of deferred taxes, to derive tangible common equity.

Non-Regulatory Capital


	June 30,			March 31,			December 31,			September 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025
Calculation of tangible equity / asset ratio:
Total Huntington shareholders’ equity	$	32,624		$	32,535		$	24,342		$	22,248		$	20,928
Goodwill and other intangible assets	(10,442)			(10,496)			(6,142)			(5,611)			(5,635)
Deferred tax liability on other intangible assets (1)	192			203			30			13			16
Total tangible equity	22,374			22,242			18,230			16,650			15,309
Preferred equity	(2,881)			(2,881)			(2,731)			(2,731)			(1,989)
Total tangible common equity	$	19,493		$	19,361		$	15,499		$	13,919		$	13,320
Total assets	$	283,984		$	285,372		$	225,106		$	210,228		$	207,742
Goodwill and other intangible assets	(10,442)			(10,496)			(6,142)			(5,611)			(5,635)
Deferred tax liability on other intangible assets (1)	192			203			30			13			16
Total tangible assets	$	273,734		$	275,079		$	218,994		$	204,630		$	202,123
Shareholders' equity / total assets	11.5		%	11.4		%	10.8		%	10.6		%	10.1		%
Tangible equity / tangible asset ratio	8.2			8.1			8.3			8.1			7.6
Tangible common equity / tangible asset ratio	7.1			7.0			7.1			6.8			6.6
Tangible common equity / RWA ratio (2)	9.1			9.3			9.3			9.3			9.0

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

(2)Estimated at June 30, 2026.

Other Data


	June 30,	March 31,	December 31,	September 30,	June 30,
	2026	2026	2025	2025	2025
Number of employees (Average full-time equivalent)	26,407	24,641	20,924	20,247	20,242
Number of domestic full-service branches (1)	1,407	1,403	1,005	972	971
ATM Count	2,016	2,043	1,591	1,569	1,565

(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															Six Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			June 30,			June 30,
(dollar amounts in millions)	2026			2026			2025			2025			2025			2026			2025
Calculation of return on average tangible common shareholders' equity ratio:
Average Huntington common shareholders' equity	$	29,675		$	27,050		$	21,165		$	19,197		$	18,559		$	28,370		$	18,285
Less: Intangible assets and goodwill, net of tax effect	10,271			9,026			6,015			5,610			5,624			9,652			5,628
Average tangible common shareholders' equity (A)	$	19,404		$	18,024		$	15,150		$	13,587		$	12,935		$	18,718		$	12,657
Net income applicable to common shares	$	686		$	482		$	476		$	602		$	509		$	1,168		$	1,009
Add: Amortization of intangibles, net of deferred tax	42			33			10			8			9			75			18
Tangible net income applicable to common shares	$	728		$	515		$	486		$	610		$	518		$	1,243		$	1,027
Add: Notable Items, after tax	116			216			99			(13)			3			332			5

Adjusted net income applicable to common shares, excluding Notable Items	$	844		$	731		$	585		$	597		$	521		$	1,575		$	1,032
Tangible net income applicable to common shares, annualized (B)	$	2,920		$	2,089		$	1,928		$	2,420		$	2,078		$	2,507		$	2,071
Adjusted net income applicable to common shares, excluding Notable Items, annualized (C)	3,385			2,965			2,320			2,369			2,090			3,176			2,081
Return on average tangible common shareholders' equity (B/A)	15.1		%	11.6		%	12.7		%	17.8		%	16.1		%	13.4		%	16.4		%
Adjusted return on average tangible common shareholders' equity, excluding Notable Items (C/A)	17.5		%	16.4		%	15.3		%	17.4		%	16.2		%	17.0		%	16.4		%

Efficiency Ratio


	Three Months Ended									Six Months Ended
(amounts in millions)	June 30, 2026			March 31, 2026			June 30, 2025			June 30, 2026			June 30, 2025
Noninterest expense (GAAP)	$	1,809		$	1,774		$	1,197		$	3,583		$	2,349
Less: Intangible amortization	54			41			11			95			22
Noninterest expense less amortization of intangibles (non-GAAP)	$	1,755		$	1,733		$	1,186		$	3,488		$	2,327
Net interest income	$	2,052		$	1,891		$	1,467		$	3,943		$	2,893
Noninterest income	785			682			471			1,467			965
Total Revenue (GAAP)	2,837			2,573			1,938			5,410			3,858
Add: FTE adjustment (1)	20			19			16			39			31
Less: Gains (losses) on sales of securities	2			13			(58)			15			(58)
FTE revenue less gains (losses) on sales of securities (non-GAAP)	$	2,855		$	2,579		$	2,012		$	5,434		$	3,947
Efficiency Ratio (2)	61.5		%	67.2		%	59.0		%	64.2		%	58.9		%

(1)Calculated on an FTE basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(2)Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding gains (losses) on sales of securities, which represents a non-GAAP measure.

Huntington Bancshares Incorporated

Consolidated Year-To-Date Average Balance Sheets

(Unaudited)


	YTD Average Balances (1)
	Six Months Ended June 30,				Change
(dollar amounts in millions)	2026		2025		Amount		Percent
Assets



Interest-earning deposits with banks	$	16,309	$	11,950	$	4,359	36	%
Trading account assets	258		561		(303)		(54)
Investment and other securities:
Available-for-sale securities:
Taxable	29,784		24,130		5,654		23
Tax-exempt	3,464		3,252		212		7
Total available-for-sale securities	33,248		27,382		5,866		21


Held-to-maturity securities - taxable	14,772		16,243		(1,471)		(9)





Other securities	1,295		879		416		47
Total investment and other securities	49,315		44,504		4,811		11
Loans held for sale	1,182		665		517		78
Loans and leases: (2)
Commercial:
Commercial and industrial	85,978		58,478		27,500		47



Commercial real estate	22,539		10,902		11,637		107
Lease financing	5,740		5,467		273		5
Total commercial	114,257		74,847		39,410		53
Consumer:
Residential mortgage	31,962		24,362		7,600		31
Automobile	15,852		14,900		952		6
Home equity	11,603		10,160		1,443		14
RV and marine	5,639		5,936		(297)		(5)
Other consumer	2,464		1,818		646		36
Total consumer	67,520		57,176		10,344		18
Total loans and leases	181,777		132,023		49,754		38
Total earning assets	248,841		189,703		59,138		31
Cash and due from banks	1,908		1,406		502		36
Goodwill and other intangible assets	9,825		5,646		4,179		74


All other assets	12,813		9,722		3,091		32
Total assets	$	273,387	$	206,477	$	66,910	32	%
Liabilities and shareholders' equity
Interest-bearing deposits:
Demand deposits - interest-bearing	$	57,711	$	44,132	$	13,579	31	%
Money market deposits	75,263		60,654		14,609		24
Savings deposits	18,489		14,998		3,491		23
Time deposits	24,822		13,639		11,183		82
Total interest-bearing deposits	176,285		133,423		42,862		32
Short-term borrowings	1,816		1,350		466		35
Long-term debt	20,611		17,341		3,270		19
Total interest-bearing liabilities	198,712		152,114		46,598		31
Demand deposits - noninterest-bearing	37,776		29,096		8,680		30
All other liabilities	5,623		4,944		679		14
Total liabilities	242,111		186,154		55,957		30
Total Huntington shareholders’ equity	31,233		20,274		10,959		54
Non-controlling interest	43		49		(6)		(12)
Total equity	31,276		20,323		10,953		54
Total liabilities and equity	$	273,387	$	206,477	$	66,910	32	%

(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

(Unaudited)


	YTD Interest Income / Expense (1) (2)
	Six Months Ended June 30,
(dollar amounts in millions)	2026		2025
Assets


Interest-earning deposits with banks	$	297	$	268
Trading account assets	5		10
Investment and other securities:
Available-for-sale securities:
Taxable	543		565
Tax-exempt	85		83
Total available-for-sale securities	628		648
Held-to-maturity securities - taxable	196		215



Other securities	33		24
Total investment and other securities	857		887
Loans held for sale	37		21
Loans and leases:
Commercial:
Commercial and industrial	2,527		1,787



Commercial real estate	697		368
Lease financing	200		181
Total commercial	3,424		2,336
Consumer:
Residential mortgage	757		503
Automobile	461		426
Home equity	395		369
RV and marine	152		157
Other consumer	122		99
Total consumer	1,887		1,554
Total loans and leases	5,311		3,890
Total earning assets	$	6,507	$	5,076
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	$	531	$	428
Money market deposits	939		922
Savings deposits	69		18
Time deposits	429		264
Total interest-bearing deposits	1,968		1,632
Short-term borrowings	34		27
Long-term debt	523		493
Total interest-bearing liabilities	2,525		2,152

Net interest income	$	3,982	$	2,924

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate. See page 22 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 (1)
	Six Months Ended June 30,
	2026		2025
Assets


Interest-earning deposits with banks	3.65	%	4.49	%
Trading account assets	3.84		3.70
Investment and other securities:
Available-for-sale securities:
Taxable	3.65		4.68
Tax-exempt	4.89		5.08
Total available-for-sale securities	3.77		4.73
Held-to-maturity securities - taxable	2.65		2.65



Other securities	5.08		5.57
Total investment and other securities	3.47		3.98
Loans held for sale	6.18		6.45
Loans and leases: (2)
Commercial:
Commercial and industrial	5.85		6.08



Commercial real estate	6.15		6.71
Lease financing	6.92		6.57
Total commercial	5.96		6.21
Consumer:
Residential mortgage	4.74		4.13
Automobile	5.87		5.77
Home equity	6.87		7.33
RV and marine	5.44		5.32
Other consumer	9.99		10.94
Total consumer	5.62		5.47
Total loans and leases	5.83		5.89
Total earning assets	5.27	%	5.40	%
Liabilities
Interest-bearing deposits:
Demand deposits - interest-bearing	1.86	%	1.96	%
Money market deposits	2.52		3.06
Savings deposits	0.76		0.24
Time deposits	3.48		3.90
Total interest-bearing deposits	2.25		2.47
Short-term borrowings	3.73		4.10
Long-term debt	5.07		5.68
Total interest-bearing liabilities	2.56		2.85

Net interest rate spread	2.71		2.55
Impact of noninterest-bearing funds on margin	0.52		0.56
Net interest margin	3.23	%	3.11	%


Additional information:
Commercial Loan Derivative Impact
Commercial loans (2) (3)	6.03	%	6.53	%
Impact of commercial loan derivatives	(0.07)		(0.32)
Total commercial - as reported	5.96	%	6.21	%
Average SOFR	3.64	%	4.33	%

Total cost of deposits (4)	1.85	%	2.02	%

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate. See page 22 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)


	Six Months Ended June 30,				Change
(dollar amounts in millions, except per share data)	2026		2025		Amount		Percent
Interest income	$	6,468	$	5,045	$	1,423	28	%
Interest expense	2,525		2,152		373		17
Net interest income	3,943		2,893		1,050		36
Provision for credit losses	290		218		72		33
Net interest income after provision for credit losses	3,653		2,675		978		37
Payments and cash management revenue	391		320		71		22
Wealth and asset management revenue	254		203		51		25
Customer deposit and loan fees	238		181		57		31
Capital markets and advisory fees	272		151		121		80
Mortgage banking income	85		59		26		44
Insurance income	42		39		3		8
Leasing revenue	42		24		18		75


Net gains (losses) on sales of securities	15		(58)		73		126
Other noninterest income	128		46		82		178
Total noninterest income	1,467		965		502		52
Personnel costs	2,002		1,393		609		44
Outside data processing and other services	637		352		285		81
Equipment	189		135		54		40
Net occupancy	175		119		56		47
Professional services	75		44		31		70
Marketing	75		57		18		32
Deposit and other insurance expense	73		57		16		28
Amortization of intangibles	95		22		73		332
Lease financing equipment depreciation	5		6		(1)		(17)
Other noninterest expense	257		164		93		57
Total noninterest expense	3,583		2,349		1,234		53
Income before income taxes	1,537		1,291		246		19
Provision for income taxes	279		218		61		28
Income after income taxes	1,258		1,073		185		17
Income attributable to non-controlling interest	8		10		(2)		(20)
Net income attributable to Huntington	1,250		1,063		187		18
Dividends on preferred shares	82		54		28		52

Net income applicable to common shares	$	1,168	$	1,009	$	159	16	%
Average common shares - basic	1,946		1,456		490		34
Average common shares - diluted	1,975		1,482		493		33
Per common share
Net income - basic	$	0.60	$	0.69	$	(0.09)	(13)	%
Net income - diluted	0.59		0.68		(0.09)		(13)
Cash dividends declared	0.31		0.31		—		—
Revenue - fully taxable equivalent (FTE)
Net interest income	$	3,943	$	2,893	$	1,050	36	%
FTE adjustment	39		31		8		26
Net interest income (1)	3,982		2,924		1,058		36
Noninterest income	1,467		965		502		52
Total revenue (1)	$	5,449	$	3,889	$	1,560	40	%

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

Huntington Bancshares Incorporated

Year-To-Date Mortgage Banking Noninterest Income

(Unaudited)


	Six Months Ended June 30,						Change
(dollar amounts in millions)	2026			2025			Amount			Percent
Net origination and secondary marketing income	$	80		$	44		$	36		82	%
Net mortgage servicing income
Loan servicing income	64			52			12			23
Amortization of capitalized servicing	(45)			(31)			(14)			(45)
Operating income	19			21			(2)			(10)
MSR valuation adjustment (1)	(3)			(15)			12			80
(Losses) gains due to MSR hedging	(12)			9			(21)			(233)
Net MSR risk management	(15)			(6)			(9)			—
Total net mortgage servicing income	4			15			(11)			(73)
All other	1			—			1			100
Mortgage banking income	$	85		$	59		$	26		44	%

Mortgage origination volume	$	5,904		$	4,011		$	1,893		47	%
Mortgage origination volume for sale	3,421			2,446			975			40

Third party mortgage loans serviced (2)	43,419			33,925			9,494			28
Mortgage servicing rights (2)	752			567			185			33
MSR % of investor servicing portfolio (2)	1.73		%	1.67		%	0.06		%	4	%

(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)


	Six Months Ended June 30,
(dollar amounts in millions)	2026			2025
Allowance for loan and lease losses, beginning of period	$	2,537		$	2,244
Loan and lease charge-offs	(364)			(244)
Recoveries of loans and leases previously charged off	134			92
Net loan and lease charge-offs	(230)			(152)
Provision for loan and lease losses	375			239
Allowance on purchased credit deteriorated (PCD) loans and leases at acquisition	322			—
Allowance on purchased seasoned loans and leases at acquisition (1)	245			—
Allowance for loan and lease losses, end of period	3,249			2,331
Allowance for unfunded lending commitments, beginning of period	206			202

Provision (benefit) for unfunded lending commitments	(85)			(18)
Allowance for unfunded lending commitments at acquisition	11			—
Allowance for unfunded lending commitments, end of period	132			184
Total allowance for credit losses, end of period	$	3,381		$	2,515
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.72		%	1.73		%
Nonaccrual loans and leases (NALs)	204			277
Nonperforming assets (NPAs)	202			274
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.78		%	1.86		%
Nonaccrual loans and leases (NALs)	213			299
Nonperforming assets (NPAs)	210			295

Huntington Bancshares Incorporated

Year-To-Date Net Charge-Off Analysis

(Unaudited)


	Six Months Ended June 30,
(dollar amounts in millions)	2026			2025
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial	$	120		$	80



Commercial real estate	5			(11)
Lease financing	(3)			6
Total commercial	122			75
Consumer:
Residential mortgage	4			1
Automobile	27			20
Home equity	1			—
RV and marine	13			12
Other consumer	63			44
Total consumer	108			77
Total net charge-offs	$	230		$	152




Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial	0.28		%	0.28		%



Commercial real estate	0.04			(0.20)
Lease financing	(0.08)			0.22
Total commercial	0.21			0.20
Consumer:
Residential mortgage	0.02			0.01
Automobile	0.35			0.27
Home equity	0.02			0.01
RV and marine	0.47			0.39
Other consumer	5.08			4.87
Total consumer	0.32			0.27
Net charge-offs as a % of average loans and leases	0.25		%	0.23		%

Huntington Bancshares Incorporated

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

(Unaudited)


	At June 30,
(dollar amounts in millions)	2026			2025
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	986		$	489
Commercial real estate	243			138
Lease financing	8			10
Residential mortgage	223			93
Automobile	7			5
Home equity	120			105
RV and marine	2			2

Total nonaccrual loans and leases	1,589			842



Other real estate, net	23			10
Other NPAs (1)	—			—
Total nonperforming assets	$	1,612		$	852

Nonaccrual loans and leases as a % of total loans and leases	0.84		%	0.62		%
NPA ratio (2)	0.85			0.63
(NPA+90days)/(Loan+OREO) (3)	1.08			0.81


	Six Months Ended June 30,
(dollar amounts in millions)	2026		2025
Nonperforming assets, beginning of period	$	945	$	822
Acquired nonperforming assets	295		—
New nonperforming assets	1,140		593

Returns to accruing status	(88)		(58)
Charge-offs	(243)		(112)
Payments	(414)		(381)
Sales	(23)		(12)
Nonperforming assets, end of period	$	1,612	$	852

(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 owned.