亨廷顿银行 2025年季度报告

FORM10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune30, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transion period from to Hunngton Bancshares Incorporated (Exact name of registrant as specified in its charter) 31-0724920(I.R.S. EmployerIdenficaon No.) 1-34073(CommissionFile Number) Maryland(State or other jurisdicon ofincorporaon or organizaon) Registrant’s address:41 South High Street,Columbus,Ohio43287 Registrant’s telephone number, including area code: (614)480-2265 Securies registered pursuant to Secon12(b) of the Act Indicate by check mark whether the registrant (1)hasfiled all reports required to befiled by Secon13 or 15(d) of the SecuriesExchange Act of 1934 during the preceding 12 months and (2)has been subject to suchfiling requirements for the past 90days.xYes☐No Indicate by check mark whether the registrant has submied electronically every Interacve Data File required to be submiedpursuant to Rule 405 of Regulaon S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit suchfiles).xYes☐No Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smallerreporng company, or an emerging growth company. See the definions of “large acceleratedfiler,” “acceleratedfiler,” “smallerreporng company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transion period forcomplying with any new or revisedfinancial accounng standards provided pursuant to Secon 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).☐Yes xNo There were1,458,800,042shares of the registrant’s common stock ($0.01 par value) outstanding on June30, 2025. HUNTINGTON BANCSHARES INCORPORATEDINDEX Glossary of Acronyms and Terms3PART I. FINANCIAL INFORMATIONItem 1. Financial Statements (Unaudited)40Consolidated Balance SheetsatJune 30, 2025 and December 31, 202440Consolidated Statements of Income for the threeand sixmonths endedJune 30, 2025 and 202441Consolidated Statements of Comprehensive Income for the threeand sixmonths endedJune 30, 2025 and 202442Consolidated Statements of Changes in Shareholders’ Equity for the threeand sixmonths endedJune 30, 2025 and202443Consolidated Statements of Cash Flows for thesixmonths endedJune 30, 2025 and 202445Notes to Unaudited Consolidated Financial Statements47Note 1 - Basis of Presentaon47Note 2 - Accounng Standards Update47Note 3 - Pending Acquision48Note4- Investment Securies and Other Securies49Note5- Loans and Leases53Note6- Allowance for Credit Losses61Note7- Mortgage Loan Sales and Servicing Rights62Note8- Borrowings63Note9- Other Comprehensive Income64Note10- Shareholders’ Equity66Note 11- Earnings Per Share67Note 12- Revenue from Contracts with Customers68Note 13- Fair Value of Assets and Liabilies69Note 14- Derivave Financial Instruments77Note 15- Variable Interest Enes82Note 16- Commitments and Conngent Liabilies84Note 17- Segment Reporng86Item 2. Management’s Discussion and Analysis of Financial Condion and Results of Operaons5Introducon5Execuve Overview5Discussion of Results of Operaons8Risk Management:15Credit Risk15Market Risk22Liquidity Risk25Operaonal Risk29Compliance Risk30Capital30Business Segment Discussion31Addional Disclosures35Item 3. Quantave and Qualitave Disclosures about Market Risk88Item 4. Controls and Procedures88PART II. OTHER INFORMATIONItem 1. Legal Proceedings88Item 1A. Risk Factors88Item 2. Unregistered Sales of Equity Securies and Use of Proceeds89Item 5. Other Informaon89Item 6. Exhibits90Signatures91 2Hunngton Bancshares Incorporated Glossary of Acronyms and Terms The following lisng provides a comprehensive reference of common acronyms and terms used throughout thedocument: PART I. FINANCIAL INFORMATION When we refer to “we,” “our,” “us,” “Hunngton,” and “the Company” in this report, we mean HunngtonBancshares Incorporated and our consolidated subsidiaries, unless the context indicates that we refer only to the parentcompany, Hunngton Bancshares Incorporated. When we refer to the “Bank” in this report, we mean our only banksubsidiary, The Hunngton Naonal Bank, and its subsidiaries. Item2: Management’s Discussion and Analysis of Financial Condion and Results of Operaons INTRODUCTION We are a mul-state diversified regional bank holding company organized under Maryland law in 1966 andheadquartered in Columbus, Ohio. Through the Bank, we are commied to making people’s lives beer, helpingbusinesses thrive, and strengthening the communies we serve, and we have been servicing thefinancial needs of ourcustomers since