{"schemaVersion":1,"research":true,"symbol":"hban","name":"Huntington Bancshares","topic":"moat","path":"/stock/hban/moat","status":"stale","version":7,"updatedAt":"2026-10-18T20:55:17.402Z","locked":false,"publicFairValue":false,"fairValue":null,"moat":{"verdict":"none","summary":"Huntington has useful relationship-based funding, demonstrated organic growth and reported acquisition savings, but weak structural protection. Disclosed low entry barriers, cancelable service contracts and realized loan and deposit pricing pressure support no moat rather than merely insufficient evidence. Pricing power is fragile despite profitable operations and growing fee businesses.","advantages":[{"mechanism":"switching_costs","claim":"Primary banking relationships and a broad service offering support customer engagement and organic growth, but the passages do not demonstrate substantial switching barriers or customer dependency.","durability":"Organic core-deposit growth and payments activity support a current relationship benefit. Its persistence is uncertain; management's ambition to become indispensable exceeds demonstrated evidence.","risks":"Digital alternatives lower entry barriers. Most contracts covered by the customer-revenue disclosure are short-term or cancelable without penalty; that disclosure should not be generalized to every lending relationship.","invalidation":"Sustained organic core-deposit outflows, declining payments engagement or customer losses after integration would invalidate the current relationship benefit. Demonstrated persistent retention and switching friction would warrant reconsidering the no-moat conclusion.","competitors":[],"evidenceIds":["e1","e2","e3"],"counterEvidenceIds":["e4","e5","e6"]},{"mechanism":"cost_advantage","claim":"Core deposits provide funding benefits relative to alternative funding, and management reports delivered acquisition expense synergies. Neither establishes a durable cost advantage over competing banks.","durability":"These are current funding and integration benefits. The core-deposit valuation relies on estimated attrition and funding costs, while reported synergy run rates have limited subsequent operating history.","risks":"Deposit competition raises funding costs, loan competition compresses spreads, and integration spending consumes savings. Competitors may have lower costs or fewer regulatory constraints.","invalidation":"Persistent deposit-cost increases, replacement of core deposits with wholesale funding, or failure of reported savings to translate into sustained operating efficiency would invalidate the benefit. Persistent relative funding and operating-cost superiority across rate cycles would challenge the no-moat assessment.","competitors":[],"evidenceIds":["e7","e8","e9"],"counterEvidenceIds":["e10","e11","e12","e13","e14"]}],"evidence":[{"id":"e1","sourceId":"filing-3","location":"Board leadership letter / 2025 organic loan and core-deposit growth","excerpt":"During 2025, we delivered 11 percent revenue growth and generated approximately $10 billion of organic loan growth during the year, exceeding the loan growth added through combinations, along with approximately $5 billion of core deposit growth, driven by expanding primary bank relationships."},{"id":"e2","sourceId":"filing-7","location":"Barclays presentation slide 7 / organic fee-business performance","excerpt":"2) Growth rates exclude impact of acquisitions (CADE, Veritex, and Janney) and impact of less revenue contribution due to the sale of a portion of our corporate trust business 3) Compound annual growth rate LTM 2Q26 vs LTM 2Q24 4) Compound annual growth rate as 2Q26 vs 2Q24 $602 $640 $735 $343 $389 $460 $250 $349 $467 $320 $355 $447 $357 $314 $568 LTM 2Q24 LTM 2Q25 LTM 2Q26 Noninterest Income $2,047 $2,677 $1,872 - 30% CAGR 3 - 70%+ syndications growth in each of the past 3 years - 20%+ growth in advisory fees YoY - 10% CAGR 3 - 37% AUM CAGR 4 - 10% Household CAGR 4 Wealth - 9% CAGR 3 - 15% Commercial Payments CAGR 2 - Approximately doubled Merchant Acquiring revenues Payments Customer Deposit & Loan Fees Wealth & Asset Management Capital Markets & Advisory All Other 1 Payments & Cash Management Total Noninterest Income Expanding Value-Added Services through targeted investments • Building Capital Markets capabilities across: - Advisory - DCM, ECM - Financial sponsor coverage - Syndicated & leveraged finance • Scaling Wealth and Private Banking capabilities: - Modernizing Wealth platform through strategic partnerships - Penetrating Regional and Commercial business ownership • Expanding Payments : - Brought merchant acquiring in-house - Enhanced corporate TM capabilities Capital Markets Payments Organic Performance 2"},{"id":"e3","sourceId":"filing-10","location":"Morgan Stanley presentation slide 4 / management relationship strategy","excerpt":"Abundant Green RGB: 126, 207, 28 HEX: #7ECF1C Primary Palette Legacy Energy Green RGB: 45, 130, 42 HEX: #2D822A Capstone Partners Only Pastel Sage RGB: 133, 154, 153 HEX: #859A99 Medium Grey RGB: 166, 183, 183 HEX: #A6B7B7 Medium Sage RGB: 66, 100, 97 HEX: #426461 Prosperous Sage RGB: 0, 45, 42 HEX: #002D2A Highlight Teal RGB: 58, 204, 223 HEX: #3ACCDF Deep Teal RGB: 13, 164, 187 HEX: #0DA4BB Capstone Blue RGB: 4, 30, 66 HEX: #041E42 Extended Palette Off - White RGB: 245, 245, 245 HEX: #7ECF1C Light Grey RGB: 200, 210, 210 HEX: #C8D2D2 Light Sage RGB: 99, 127, 125 HEX: #637F7D Deep Sage RGB: 33, 72, 70 HEX: #214846 Highlight Green RGB: 177, 238, 44 HEX: #B1EE2C Light Teal RGB: 121, 222, 226 HEX: #79DEE2 Light Magenta RGB: 221, 123, 223 HEX: #DD78DF Highlight Magenta RGB: 193, 22, 216 HEX: #C116D8 Deep Magenta RGB: 144, 5, 163 HEX: #9005A3 Dark Magenta RGB: 80, 16, 89 HEX: #501059 Pastel Grey RGB: 233, 236, 236 HEX: #E9ECEC Dark Teal RGB: 3, 79, 84 HEX: #034F54 4 How we win We build longstanding, deep and multi- dimensional customer relationships We serve the full breadth of our customers' needs over time, prioritizing durable relationships and long -term value creation over transactional opportunities We earn trust by being consistent and dependable through economic cycles A disciplined risk posture and long -term mindset lets us support customers through uncertainty and invest opportunistically We integrate expertise and innovative capabilities to make everyday banking simple We lead with advice and insight, connecting banking, lending, payments, wealth, insurance, and capital solutions to deliver holistic outcomes, not disconnected point products We deliver leading bank capabilities through local, empowered, and nationally integrated teams We operate at the point of the relationship with authority to integrate the full firm on behalf of customers, prioritizing responsiveness and care over centralized efficiency We compound value by reinvesting in what matters most to our customers Rigorous management turns strong performance into a virtuous cycle, reinvesting in capabilities, innovation, and service for better customer outcomes over time Focusing on being an indispensable partner for our customers through experiences and relationships to drive differentiation and expand customer base"},{"id":"e4","sourceId":"filing-1","location":"Strategic risks / technology lowering entry barriers","excerpt":"Technology has lowered the barriers to entry, with customers having a growing variety of traditional and nontraditional alternatives, such as crowdfunding, digital wallets, cryptocurrencies, and money transfer services."},{"id":"e5","sourceId":"filing-1","location":"Note 15 / customer contract cancellation and duration","excerpt":"Most Huntington contracts with customers are cancelable by either party without penalty or they are short-term in nature, with a contract duration of less than one year."},{"id":"e6","sourceId":"filing-7","location":"Barclays presentation slide 12 / realized competitive pressure and revised outlook","excerpt":"Management Actions Year to Date Efficiencies as % of Baseline Operating Expenses In response to the evolving rate & competitive environment, we undertook these actions: • Optimized balance sheet – Loan Mix – Deposit Pricing • Accelerated fee - based businesses – Driving TM Penetration – Enhancing Capital Markets Offering • Increased expense reengineering actions 1 Two factors drove incremental pressure to loan growth and NII expectations • Lower than expected loan volume – Increased paydowns in CRE & Resi – Lower Auto production due to less attractive risk - adjusted returns • Incremental reductions to NIM – Sustained high short -term rates elevating deposit costs – Lower than expected yields in some loan categories Adopting more conservative FY27 EPS Outlook • Recalibrating loan growth expectations • Revising NIM projection lower • Managing expenses while maintaining appropriate level of growth - oriented investments Challenges Subsequent to 2Q Earnings Drivers of Revised Outlook"},{"id":"e7","sourceId":"filing-1","location":"Business combinations / acquired core-deposit funding benefit","excerpt":"CDI: Huntington recorded a CDI of $95 million as of the acquisition date, which represents the low cost of funding acquired core deposits provide relative to the Company’s marginal cost of funds."},{"id":"e8","sourceId":"filing-1","location":"Business combinations / core-deposit valuation assumptions","excerpt":"The fair value was estimated based on a discounted cash flow methodology that gave appropriate consideration to expected customer attrition rates, net maintenance cost of the deposit base, alternative cost of funds, and the interest costs associated with customer deposits."},{"id":"e9","sourceId":"filing-7","location":"Barclays presentation slide 9 / reported delivered expense synergies and pricing competition","excerpt":"Abundant Green RGB: 126, 207, 28 HEX: #7ECF1C Primary Palette Legacy Energy Green RGB: 45, 130, 42 HEX: #2D822A Capstone Partners Only Pastel Sage RGB: 133, 154, 153 HEX: #859A99 Medium Grey RGB: 166, 183, 183 HEX: #A6B7B7 Medium Sage RGB: 66, 100, 97 HEX: #426461 Prosperous Sage RGB: 0, 45, 42 HEX: #002D2A Highlight Teal RGB: 58, 204, 223 HEX: #3ACCDF Deep Teal RGB: 13, 164, 187 HEX: #0DA4BB Capstone Blue RGB: 4, 30, 66 HEX: #041E42 Extended Palette Off - White RGB: 245, 245, 245 HEX: #7ECF1C Light Grey RGB: 200, 210, 210 HEX: #C8D2D2 Light Sage RGB: 99, 127, 125 HEX: #637F7D Deep Sage RGB: 33, 72, 70 HEX: #214846 Highlight Green RGB: 177, 238, 44 HEX: #B1EE2C Light Teal RGB: 121, 222, 226 HEX: #79DEE2 Light Magenta RGB: 221, 123, 223 HEX: #DD78DF Highlight Magenta RGB: 193, 22, 216 HEX: #C116D8 Deep Magenta RGB: 144, 5, 163 HEX: #9005A3 Dark Magenta RGB: 80, 16, 89 HEX: #501059 Pastel Grey RGB: 233, 236, 236 HEX: #E9ECEC Dark Teal RGB: 3, 79, 84 HEX: #034F54 2026 Barclays Conference Execution Remains Strong as the Operating Environment Has Evolved 9 FY2026 Expectations as of January Current FY2026 Outlook Balance Sheet Growth • 36-37% Loan Growth • 33-34% Deposit Growth Balance Sheet Growth On -Track ✓ ~36% Loan Growth ✓ ~33% Deposit Growth Strong Fee Income Growth • 26.5-29.5% YoY Growth Accelerating Fee Income Growth ✓ ~32% YoY growth Powerful Synergies • $435M in Run -rate Expense Synergies by 4Q26 • $50 -$75M in Revenue Synergies in 2026 Partner Synergies at or Above Goal ✓ Expense synergies fully delivered ✓ Expect $75M+ FY26 revenue synergies Significant NIM Expansion • Supportive yield curve • Stable competitive conditions • Cadence deposit cost optimization opportunity Moderating NIM Expansion  Higher short -term rates  Elevated loan and deposit pricing competition ✓ Executing Cadence deposit cost optimization"},{"id":"e10","sourceId":"filing-9","location":"Quarterly yields and rates / deposit costs, loan yields and net interest margin","excerpt":"5.53 \n5.41 \n5.31 \n10.09 \n9.88 \n10.11 \n10.82 \n10.88 \n5.65 \n5.59 \n5.54 \n5.57 \n5.49 \nTotal loans and leases\n5.84 \n5.82 \n5.84 \n5.96 \n5.91 \nTotal earning assets\n5.28 \n5.27 \n5.25 \n5.39 \n5.40 \nLiabilities\nInterest-bearing deposits:\nDemand deposits - interest-bearing\n1.83 \n1.88 \n1.91 \n2.02 \n2.00 \nMoney market deposits\n2.62 \n2.41 \n2.66 \n2.99 \n3.05 \nSavings deposits\n0.83 \n0.68 \nTime deposits\n3.46 \n3.50 \n3.69 \n3.60 \n3.74 \nTotal interest-bearing deposits\n2.29 \n2.21 \n2.28 \n2.43 \n2.46 \nShort-term borrowings\n3.65 \n3.83 \n4.45 \n3.90 \n4.37 \nLong-term debt\n5.06 \n5.09 \n5.61 \n5.75 \n5.69 \nTotal interest-bearing liabilities\n2.59 \n2.53 \n2.65 \n2.81 \n2.85 \nNet interest rate spread\n2.69 \n2.74 \n2.60 \n2.58 \n2.55 \nImpact of noninterest-bearing funds on margin\n0.52 \n0.50 \n0.55 \n0.55 \n0.56 \nNet interest margin\n3.21 \n3.24 \n3.15 \n3.13 \n3.11 \nAdditional information:\nCommercial Loan Derivative Impact\nCommercial loans (2) (3)\n6.02 \n6.04 \n6.23 \n6.50 \n6.49 \nImpact of commercial loan derivatives\n(0.06)\n(0.25)\n(0.27)\nTotal commercial - as reported\n5.96 \n5.96 \n6.05 \n6.25 \n6.22 \nAverage SOFR\n3.62 \n3.66 \n4.00 \n4.33 \n4.32 \nTotal cost of deposits (4)\n1.88 \n1.82 \n1.88 \n2.00 \n2.02 \n(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate."},{"id":"e11","sourceId":"filing-7","location":"Barclays presentation slide 11 / auto spread compression and CRE runoff","excerpt":"FICO Originations Total Auto Loans Bank competitors ramping auto production, compressing spreads $24.3 $23.5 12.9% 12.4% 1Q26 2Q26 4Q26E CRE Loans CRE as % of Total Loans Bank and private credit competitors leaning into CRE, accelerating run -off Auto Balances ($) and Avg."},{"id":"e12","sourceId":"filing-1","location":"Competition / nonfinancial competitors' potential cost and regulatory advantages","excerpt":"Many of our nonfinancial institution competitors have fewer regulatory constraints, broader geographic service areas, access to a larger pool of capital to deploy, and, in some cases, lower cost structures."},{"id":"e13","sourceId":"filing-2","location":"Noninterest expense / acquisition-related expenses","excerpt":"Noninterest expense for the second quarter of 2026 and for the first six- month period of 2026 included $152 million and $415 million, respectively, of acquisition-related expenses, as detailed in the following table."},{"id":"e14","sourceId":"filing-9","location":"Efficiency ratio reconciliation / quarterly and year-to-date performance","excerpt":"FTE revenue less gains (losses) on sales of securities (non-GAAP)\n2,855 \n2,579 \n2,012 \n5,434 \n3,947 \nEfficiency Ratio (2)\n61.5 \n67.2 \n59.0 \n64.2 \n58.9 \n(1)Calculated on an FTE basis, which represents a non-GAAP measure, assuming a 21% tax rate."},{"id":"e15","sourceId":"filing-1","location":"Note 22 / credit commitment terms and renegotiation rights","excerpt":"At December 31, (dollar amounts in millions) 2025 2024 Contract amount representing credit risk Commitments to extend credit: Commercial and industrial $ 47,736 $ 37,422 Consumer loan portfolio 21,659 19,993 Commercial real estate 4,036 2,089 Standby letters of credit and guarantees on industrial revenue bonds 895 725 168 Huntington Bancshares Incorporated Table of Contents Commitments to extend credit generally have fixed expiration dates, are variable-rate, and contain clauses that permit Huntington to terminate or otherwise renegotiate the contracts in the event of a significant deterioration in the customer’s credit quality."},{"id":"e16","sourceId":"filing-1","location":"Note 22 / market-based commitment fee pricing","excerpt":"These arrangements normally require the payment of a fee by the customer, the pricing of which is based on prevailing market conditions, credit quality, probability of funding, and other relevant factors."},{"id":"e17","sourceId":"filing-3","location":"Proxy statement page 78 / adopted compensation and governance practices","excerpt":"2026 Proxy Statement | 78 Table of Contents What We Do What We Don’t Do • Significant stock ownership policy applicable to executive officers and next level executives receiving equity awards to reinforce alignment between shareholders and senior management • Significant emphasis on performance-based compensation, with the majority dependent upon long-term performance • Balanced portfolio of metrics that drive annual and long-term goals in a risk appropriate manner • All incentive compensation, including vested and paid compensation, is subject to robust recoupment policies that allow us to recover certain vested or unvested incentive compensation in the event of inappropriate risk taking or a financial restatement • PSUs comprise 60% of total annual LTI grant value for CEO and 55% for other NEOs for 2025 • Annual equity-based awards made on a pre-established date to avoid any appearance of coordination with the release of material non-public information • Independent compensation consultant provides expert guidance and support to the HRCC • Shareholder engagement to exchange viewpoints with our investors • Annual assessment of compensation programs to compare them to those of our peers and market best practices • Limited perquisites representing a small component of compensation • Annual risk assessment of incentive compensation plans • No repricing of previously-granted stock options without shareholder approval • No perquisite or excise tax gross-ups upon change in control • No single-trigger vesting of equity awards upon change in control • No hedging or pledging of Huntington securities by executives or Directors • No dividend or dividend equivalents paid on equity grants prior to vesting • No incentive plans encourage excessive risk-taking Compensation of Executive Officers: Key Compensation and Governance Practices Key Compensation and Governance Practices The foundation of our executive compensation program is a philosophy of maintaining responsible governance and practices that align the interests of our executives with those of our shareholders."},{"id":"e18","sourceId":"filing-3","location":"Compensation discussion / discretion over extraordinary-event adjustments","excerpt":"Adjustments for Extraordinary Events In determining whether a performance goal has been met, the HRCC may include or exclude “Extraordinary Events,” as defined in the MIP, or any other objective events or occurrences, in either establishing the performance goal based on the qualifying performance criteria or in determining whether the performance goal has been achieved; provided, however, that the HRCC retains the discretion to adjust awards upward or downward based on the HRCC’s evaluation of such events or other factors."},{"id":"e19","sourceId":"filing-3","location":"Completed PSU cycles / April 2025 award determination","excerpt":"Recently Completed PSU Performance Cycles\n2022 – 2024 Cycle\nIn April 2025, the HRCC determined the final award values for the PSU awards granted in 2022, which had a three-year performance cycle that ended on December 31, 2024."},{"id":"e20","sourceId":"filing-3","location":"Completed PSU cycles / settlement in shares","excerpt":"These awards were settled in shares of Huntington stock."},{"id":"e21","sourceId":"filing-1","location":"Board composition / year-end 2025 independence","excerpt":"At the end of 2025, our Board consisted of 12 directors, comprised of our Chairman/President/CEO of Huntington Bancshares Incorporated and President/CEO of Huntington National Bank, our Huntington National Bank Chairman, and 10 independent directors."},{"id":"e22","sourceId":"filing-1","location":"Board oversight / executive sessions without management","excerpt":"Our Board has unfettered access to senior executive officers, and the Board and committees regularly meet in executive session without management present."},{"id":"e23","sourceId":"filing-3","location":"Audit Committee report / actual review of audited 2025 statements","excerpt":"In carrying out its duties, the Audit Committee has reviewed and discussed the audited consolidated financial statements for the year ended December 31, 2025, with Huntington management and with Huntington’s independent registered public accounting firm, PwC."},{"id":"e24","sourceId":"filing-2","location":"Capital / consolidated CET1 at June 30, 2026","excerpt":"Our consolidated CET1 risk-based capital ratio was 10.0% at June 30, 2026,"},{"id":"e25","sourceId":"filing-2","location":"Liquidity and capital / brokered deposits and capital above well-capitalized standards","excerpt":"December 31, 2025. The level of brokered deposits was below our established liquidity risk metric limits at June 30, \nTier 1 risk-based capital ratio\n12.0\n12.4\nTotal risk-based capital ratio\n13.8\n14.0\nTier 1 leverage ratio\n9.3\n9.6\nCET1 risk-based capital\n$25,197\n$19,426\nTier 1 risk-based capital\n25,622\n20,626\nTotal risk-based capital\n29,502\n23,165\nTotal risk-weighted assets\n213,211\n165,701\nAt June 30, 2026, Huntington and the Bank maintained capital ratios in excess of the well-capitalized standards"},{"id":"e26","sourceId":"filing-1","location":"Regulatory matters / stress capital buffer effective October 1, 2025","excerpt":"The Federal Reserve informed Huntington that, effective October 1, 2025, its SCB requirement associated with its 2025 Capital Plan is the prescribed minimum SCB of 2.5%, the same SCB requirement Huntington received in 2024."},{"id":"e27","sourceId":"filing-2","location":"Table 19 / deposit composition and insured funding","excerpt":"Table 19 - Deposit Composition (dollar amounts in millions) At June 30, 2026 At December 31, 2025 By type: Demand deposits—noninterest-bearing $40,129 18% $32,205 18% Demand deposits—interest-bearing 62,395 28 48,510 27 Money market deposits 75,717 34 65,123 37 Savings deposits 18,820 9 15,426 9 Time deposits 25,405 11 15,346 9 Total deposits $222,466 100% $176,610 100% Total deposits (insured/uninsured): Insured deposits $153,290 69% $123,744 70% Uninsured deposits (1) 69,176 31 52,866 30 Total deposits $222,466 100% $176,610 100% (1)Represents consolidated Huntington uninsured deposits, determined by adjusting the amounts reported in the Bank Call Report (FFIEC 031) by inter- company deposits, which are not customer deposits and are therefore eliminated through consolidation."},{"id":"e28","sourceId":"filing-2","location":"Liquidity risk / wholesale funding","excerpt":"Our wholesale funding totaled $27.6 billion at June 30, 2026, an increase of $3.2 billion compared to $24.4 billion at December 31, 2025."},{"id":"e29","sourceId":"filing-1","location":"Liquidity risk / marketable securities available for liquidity","excerpt":"We maintain a portfolio of highly rated, marketable securities that is available as a source of liquidity."},{"id":"e30","sourceId":"filing-8","location":"Table 11 / credit quality, charge-offs and allowance coverage","excerpt":"Credit Quality\nTable 11 – Credit Quality Metrics\n2026\n2025\n($ in millions)\nJune 30,\nMarch 31,\nDecember 31,\nSeptember 30,\nJune 30,\nTotal nonaccrual loans and leases\n$\n1,589 \n$\n1,332 \n$\n931 \n$\n808 \n$\n842 \nTotal other real estate, net\n23 \n22 \n13 \n10 \n10 \nOther NPAs (1)\n— \n3 \n1 \n3 \n— \nTotal nonperforming assets\n1,612 \n1,357 \n945 \n821 \n852 \nAccruing loans and leases past due 90+ days\n443 \n421 \n282 \n234 \n241 \nNPAs + accruing loans & leases past due 90+ days\n$\n2,055 \n$\n1,778 \n$\n1,227 \n$\n1,055 \n$\n1,093 \nNAL ratio (2)\n0.84 \n%\n0.71 \n%\n0.62 \n%\n0.59 \n%\n0.62 \n%\nNPA ratio (3)\n0.85 \n0.72 \n0.63 \n0.60 \n0.63 \n(NPAs+90 days)/(Loans+OREO)\n1.08 \n0.94 \n0.82 \n0.76 \n0.81 \nProvision for credit losses\n$\n132 \n$\n158 \n$\n123 \n$\n122 \n$\n103 \nNet charge-offs\n119 \n111 \n89 \n75 \n66 \nNet charge-offs / Average total loans and leases\n0.25 \n%\n0.26 \n%\n0.24 \n%\n0.22 \n%\n0.20 \n%\nAllowance for loans and lease losses (ALLL)\n$\n3,249 \n$\n3,243 \n$\n2,537 \n$\n2,374 \n$\n2,331 \nAllowance for unfunded lending commitments\n132 \n125 \n206 \n188 \n184 \nAllowance for credit losses (ACL)\n$\n3,381 \n$\n3,368 \n$\n2,743 \n$\n2,562 \n$\n2,515 \nALLL as a % of:\nTotal loans and leases\n1.72 \n%\n1.72 \n%\n1.70 \n%\n1.72 \n%\n1.73 \n%\nNALs\n204 \n243 \n272 \n294 \n277 \nNPAs\n202 \n239 \n269 \n289 \n274 \nACL as a % of:\nTotal loans and leases\n1.78 \n%\n1.78 \n%\n1.83 \n%\n1.86 \n%\n1.86 \n%\nNALs\n213 \n253 \n295 \n317 \n299 \nNPAs\n210 \n248 \n290 \n312 \n295 \n(1)Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale."},{"id":"e31","sourceId":"filing-9","location":"Quarterly nonperforming assets / acquired and newly formed NPAs","excerpt":"Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs) (1)\n(Unaudited)\nJune 30,\nMarch 31,\nDecember 31,\nSeptember 30,\nJune 30,\n(dollar amounts in millions)\n2026\n2026\n2025\n2025\n2025\nNonaccrual loans and leases (NALs):\nCommercial and industrial\n$\n986 \n$\n824 \n$\n562 \n$\n455 \n$\n489 \nCommercial real estate\n243 \n188 \n133 \n131 \n138 \nLease financing\n8 \n9 \n8 \n10 \n10 \nResidential mortgage\n223 \n185 \n107 \n97 \n93 \nAutomobile\n7 \n6 \n6 \n6 \n5 \nHome equity\n120 \n117 \n113 \n108 \n105 \nRV and marine\n2 \n2 \n2 \n1 \n2 \nOther consumer\n— \n1 \n— \n— \n— \nTotal nonaccrual loans and leases\n1,589 \n1,332 \n931 \n808 \n842 \nOther real estate, net\n23 \n22 \n13 \n10 \n10 \nOther NPAs (1)\n— \n3 \n1 \n3 \n— \nTotal nonperforming assets\n$\n1,612 \n$\n1,357 \n$\n945 \n$\n821 \n$\n852 \nNonaccrual loans and leases as a % of total loans and leases\n0.84 \n%\n0.71 \n%\n0.62 \n%\n0.59 \n%\n0.62 \n%\nNPA ratio (2)\n0.85 \n0.72 \n0.63 \n0.60 \n0.63 \n(NPA+90days)/(Loan+OREO) (3)\n1.08 \n0.94 \n0.82 \n0.76 \n0.81 \nThree Months Ended\nJune 30,\nMarch 31,\nDecember 31,\nSeptember 30,\nJune 30,\n(dollar amounts in millions)\n2026\n2026\n2025\n2025\n2025\nNonperforming assets, beginning of period\n$\n1,357 \n$\n945 \n$\n821 \n$\n852 \n$\n804 \nAcquired nonperforming assets\n— \n295 \n81 \n— \n— \nNew nonperforming assets\n737 \n403 \n300 \n252 \n343 \nReturns to accruing status\n(36)\n(52)\n(22)\n(25)\n(27)\nCharge-offs\n(122)\n(121)\n(75)\n(62)\n(57)\nPayments\n(306)\n(108)\n(141)\n(167)\n(203)\nSales\n(18)\n(5)\n(19)\n(29)\n(8)\nNonperforming assets, end of period\n$\n1,612 \n$\n1,357 \n$\n945 \n$\n821 \n$\n852 \n(1)Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale."},{"id":"e32","sourceId":"filing-8","location":"Table 1 / earnings, returns, margins, dividends and capital","excerpt":"(in millions, except per share data)\nSecond\nFirst\nFourth\nThird\nSecond\nQuarter\nQuarter\nQuarter\nQuarter\nQuarter\nNet income attributable to Huntington\n727 \n523 \n519 \n629 \n536 \nDiluted earnings per common share\n0.33 \n0.30 \n0.41 \n0.34 \nReturn on average assets\n1.02 \n0.93 \n1.19 \n1.04 \nReturn on average common equity\n9.3 \n7.2 \n8.9 \n12.4 \n11.0 \nReturn on average tangible common equity\n15.1 \n11.6 \n12.7 \n17.8 \n16.1 \nNet interest margin\n3.21 \n3.24 \n3.15 \n3.13 \n3.11 \nEfficiency ratio\n61.5 \n67.2 \n64.2 \n57.4 \n59.0 \nTangible book value per common share\n9.65 \n9.55 \n9.89 \n9.54 \n9.13 \nCash dividends declared per common share\n0.155 \n0.155 \n0.155 \n0.155 \n0.155 \nAverage earning assets\n258,600 \n238,973 \n202,511 \n192,732 \n191,092 \nAverage loans and leases\n189,255 \n174,216 \n146,607 \n135,944 \n133,171 \nAverage total deposits\n223,403 \n204,616 \n173,156 \n164,812 \n163,429 \nTangible common equity / tangible assets ratio\n7.1 \n7.0 \n7.1 \n6.8 \n6.6 \nCommon equity Tier 1 risk-based capital ratio (1)\n10.0 \n10.2 \n10.4 \n10.6 \n10.5 \nNCOs as a % of average loans and leases"},{"id":"e33","sourceId":"filing-9","location":"Year-to-date statistics / attributable and common earnings","excerpt":"Year-to-Date Key Statistics \nChange\n(dollar amounts in millions, except per share data)\nAmount\nPercent\nNet interest income - FTE (1)\n3,982 \n2,924 \n1,058 \nNet income attributable to Huntington\n1,250 \n1,063 \n187 \nDividends on preferred shares\nNet income applicable to common shares\n1,168 \n1,009 \n159 \nNet income per common share - diluted"},{"id":"e34","sourceId":"filing-9","location":"Year-to-date statistics / shares, returns and efficiency","excerpt":"0.68 \n(0.09)\n(13)\nCash dividends declared per common share\n0.31 \n0.31 \nAverage common shares - basic\n1,946 \n1,456 \n490 \nAverage common shares - diluted \n1,975 \n1,482 \n493 \nReturn on average assets\n0.92 \n1.04 \nReturn on average common shareholders’ equity\n8.3 \n11.1 \nReturn on average tangible common shareholders’ equity (3)\n13.4 \n16.4 \nNet interest margin (1)\n3.23 \n3.11 \nEfficiency ratio (4)\n64.2 \n58.9 \nEffective tax rate\n18.1 \n16.8 \nAverage total assets \n273,387 \n206,477 \n66,910 \nAverage earning assets\n248,841 \n189,703 \n59,138 \nAverage loans and leases \n181,777 \n132,023 \n49,754 \nAverage total deposits \n214,061 \n162,519 \n51,542 \nAverage Huntington shareholders’ equity \n31,233 \n20,274 \n10,959 \nAverage common shareholders' equity \n28,370 \n18,285 \n10,085 \nAverage tangible common shareholders' equity \n18,718 \n12,657 \n6,061 \nNCOs as a % of average loans and leases"},{"id":"e35","sourceId":"filing-8","location":"Capital highlights / completed common-share repurchases","excerpt":"•Repurchased $159 million of common shares in the second quarter, and $309 million of common shares year-to-date, representing approximately 19 million shares repurchased year‑to‑date."},{"id":"e36","sourceId":"filing-8","location":"Capital / earnings, distributions and declining CET1","excerpt":"Common Equity Tier 1 (CET1) risk-based capital ratio was 10.0% at June 30, 2026, compared to 10.2% at March 31, 2026, with the decrease driven by higher risk-weighted assets and the impact of share repurchases being partially offset by an increase from current period earnings, net of dividends."},{"id":"e37","sourceId":"filing-2","location":"Consolidated balance sheet / shares outstanding and equity","excerpt":"Servicing rights and other intangible assets\n1,691\n752\nOther assets (1)\n8,557\n6,468\n$283,984\n$225,106\nDeposits:\n182,337\n144,405\n3,111\n1,261\nLong-term debt (1) (includes $1,250 and $1,161, respectively, measured at fair value)\n18,738\n17,221\nOther liabilities (1)\n7,004\n5,635\n251,319\n200,727\nCommitments and Contingent Liabilities (Note 17)\nShareholders’ equity\nPreferred stock\n2,881\n2,731\nCommon stock\nCapital surplus\n25,150\n17,244\nLess treasury shares, at cost\n(94)\n(92)\nAccumulated other comprehensive income (loss)\n(2,213)\n(1,908)\nRetained earnings\n6,880\n6,351\n32,624\n24,342\n32,665\n24,379\n$283,984\n$225,106\nCommon shares authorized (par value of $0.01)\n2,250,000,000\n2,250,000,000\nCommon shares outstanding\n2,020,414,826\n1,567,732,506\nTreasury shares outstanding\n7,152,410\n7,187,541\nPreferred stock, authorized shares\n6,617,808\n6,617,808\nPreferred shares outstanding\n891,900\n885,000\n(1)Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $493 million, $468 million, $428 million, and $134"},{"id":"e38","sourceId":"filing-1","location":"Note 16 / reported share-based compensation expense","excerpt":"Share-based compensation expense (1)\n130 \n114 \nTax benefit\n(1)Compensation costs are included in personnel costs on the Consolidated Statements of Income."},{"id":"e39","sourceId":"filing-7","location":"Barclays presentation slide 18 / tangible book value per share reconciliation","excerpt":"Abundant Green RGB: 126, 207, 28 HEX: #7ECF1C Primary Palette Legacy Energy Green RGB: 45, 130, 42 HEX: #2D822A Capstone Partners Only Pastel Sage RGB: 133, 154, 153 HEX: #859A99 Medium Grey RGB: 166, 183, 183 HEX: #A6B7B7 Medium Sage RGB: 66, 100, 97 HEX: #426461 Prosperous Sage RGB: 0, 45, 42 HEX: #002D2A Highlight Teal RGB: 58, 204, 223 HEX: #3ACCDF Deep Teal RGB: 13, 164, 187 HEX: #0DA4BB Capstone Blue RGB: 4, 30, 66 HEX: #041E42 Extended Palette Off - White RGB: 245, 245, 245 HEX: #7ECF1C Light Grey RGB: 200, 210, 210 HEX: #C8D2D2 Light Sage RGB: 99, 127, 125 HEX: #637F7D Deep Sage RGB: 33, 72, 70 HEX: #214846 Highlight Green RGB: 177, 238, 44 HEX: #B1EE2C Light Teal RGB: 121, 222, 226 HEX: #79DEE2 Light Magenta RGB: 221, 123, 223 HEX: #DD78DF Highlight Magenta RGB: 193, 22, 216 HEX: #C116D8 Deep Magenta RGB: 144, 5, 163 HEX: #9005A3 Dark Magenta RGB: 80, 16, 89 HEX: #501059 Pastel Grey RGB: 233, 236, 236 HEX: #E9ECEC Dark Teal RGB: 3, 79, 84 HEX: #034F54 2026 Barclays Conference Non-GAAP Reconciliation Earnings Per Share (EPS), Tangible Book Value (TBV) 18 ($ in millions, except per share amounts) FY25 Earnings Per Share (GAAP), diluted $1.39 Add: Notable Items, after -tax $91 0.06 Adjusted Earnings Per Share (Non -GAAP) $1.45 TBV per Share ($ in millions) 4Q25 1Q26 2Q26 Huntington shareholders’ equity $24,342 $32,535 $32,624 Less: preferred stock 2,731 2,881 2,881 Common shareholders’ equity $21,611 $29,654 $29,743 Less: goodwill 5,997 9,527 9,527 Less: other intangible assets, net of tax 115 766 723 Tangible common equity A $15,499 $19,361 $19,493 Number of common shares outstanding B 1,568 2,027 2,020 Tangible book value per share A/B $9.89 $9.55 $9.65"},{"id":"e40","sourceId":"filing-8","location":"Funding discussion / deliberate runoff of higher-cost acquired deposits","excerpt":"Following completion of the acquisitions, certain higher-cost Cadence and Veritex deposits were allowed to run-off in order to optimize Huntington's funding mix."},{"id":"e41","sourceId":"filing-7","location":"Barclays presentation slide 11 / named comparison peer cohort","excerpt":"3) Source: SEC Filings & Factset ; Peers include: CFG, FITB, FHN, KEY, MTB, PNC, RF, TFC, USB, and ZION."},{"id":"e42","sourceId":"filing-8","location":"CEO commentary / reported June Cadence systems conversion","excerpt":"“We delivered these results while executing a very successful Cadence systems conversion in June, marking the last major milestone in the integration."},{"id":"e43","sourceId":"filing-1","location":"Note 23 / year-end regulatory capital and buffer compliance","excerpt":"As of December 31, 2025, Huntington’s and the Bank’s regulatory capital ratios were above the well-capitalized standards and met the applicable capital buffer requirements."}],"changes":["Retains the previous none verdict: current relationship and funding benefits do not establish durable competitive protection.","Adds explicit bank financial-strength and capital-allocation assessments, supported by recent capital, funding, credit, earnings, distribution and dilution disclosures.","Separates actual organic growth, reported delivered synergies and completed conversion from management's future revenue-synergy and return expectations."],"limitations":["Only supplied passages were assessed. Source dates are filing dates; the latest supplied filing is September 16, 2026, while the latest detailed balance-sheet results are June 30, 2026.","The named cohort CFG, FITB, FHN, KEY, MTB, PNC, RF, TFC, USB, and ZION is a disclosed comparison group. The passages do not attribute specific product competition to individual members; competitor arrays therefore remain empty.","Organic growth, synergy delivery and customer engagement are issuer disclosures. Management's claims of sustainable competitive advantage and future returns are not independently demonstrated durability.","Retention is assessed indirectly from organic deposits, household growth and payments activity; customer retention rates and realized switching costs are absent.","Several tables are fragmented. Unclear cells were not reconstructed, and the precise current NII/EVE sensitivity results and quantified available liquidity are unavailable.","Proxy disclosures establish compensation policies and completed historical awards, but supplied passages do not establish individual ownership compliance or subsequent shareholder voting outcomes.","All evidence used for non-null financial grades was filed within 550 days of October 18, 2026. These grades assess disclosed periods and do not establish capital sufficiency after June 2026."],"qualityAssessments":[{"category":"moat","checks":[{"criterion":"structural_advantage","grade":1,"rationale":"Core-deposit funding and organic relationship growth provide benefits, but lowered entry barriers and easy cancellation weaken structural protection. Relative cost superiority is unproven.","evidenceIds":["e1","e4","e5","e7"]},{"criterion":"durability","grade":1,"rationale":"Relationship growth and reported savings have economic value, but no demonstrated long-term barrier protects them. Actual pricing pressure already challenges persistence.","evidenceIds":["e1","e6","e9"]},{"criterion":"customer_dependency","grade":2,"rationale":"Organic core-deposit growth and household and payments activity indirectly demonstrate engagement. They do not establish dependency; cancelable service contracts provide contrary evidence.","evidenceIds":["e1","e2","e5"]},{"criterion":"erosion_resilience","grade":1,"rationale":"Fee-business growth and delivered savings provide offsets, but loan spread compression, increased runoff and lower NIM expectations show fragile protection from competition.","evidenceIds":["e2","e6","e9","e11"]}]},{"category":"pricing_power","checks":[{"criterion":"realized_pricing","grade":1,"rationale":"Total deposit cost rose from 1.82% to 1.88% sequentially in Q2, while auto competition compressed spreads and management reported lower-than-expected loan yields. Fee growth does not establish higher unit pricing.","evidenceIds":["e10","e11","e6"]},{"criterion":"retention","grade":2,"rationale":"Organic core-deposit and household growth support repeat demand indirectly. Acquisition-driven balance growth is not treated as retention, and competitive runoff and cancelable service contracts limit the conclusion.","evidenceIds":["e1","e2","e5","e11"]},{"criterion":"margin_resilience","grade":2,"rationale":"Q2 NIM exceeded the year-ago level but slipped sequentially from 3.24% to 3.21%. Fee growth and savings help, while subsequent competitive pressure prompted lower NIM expectations.","evidenceIds":["e10","e2","e9","e6"]},{"criterion":"contractual_freedom","grade":2,"rationale":"Variable-rate credit commitments and deterioration-related renegotiation rights provide flexibility. Fees depend on market conditions, and cancelable service contracts constrain durable price extraction; broad unilateral repricing rights are not established.","evidenceIds":["e15","e16","e5"]}]},{"category":"strong_management","checks":[{"criterion":"capital_discipline","grade":2,"rationale":"Profits, retained capital and deliberate runoff of higher-cost deposits support discipline. Repurchases, acquisition spending, share issuance and lower consolidated CET1 create mixed outcomes rather than exceptional stewardship.","evidenceIds":["e33","e35","e36","e37","e13","e40"]},{"criterion":"incentive_alignment","grade":3,"rationale":"Actual compensation disclosures show majority performance-based CEO long-term grants, ownership requirements, recoupment and hedging restrictions, plus a completed PSU cycle settled in shares. Adjustment discretion and missing ownership-compliance details limit the grade.","evidenceIds":["e17","e18","e19","e20"]},{"criterion":"execution","grade":2,"rationale":"Organic growth, reported conversion completion and delivered expense synergies show execution. Assessment partly uses indirect operating evidence; acquisition costs, worsening efficiency and revised expectations make the record mixed.","evidenceIds":["e1","e42","e9","e13","e14","e6"]},{"criterion":"governance","grade":3,"rationale":"A majority-independent year-end board, executive sessions without management and an actual audit-committee review establish substantive oversight practices. Combined CEO/chair leadership and limited evidence of oversight effectiveness prevent an exceptional assessment.","evidenceIds":["e21","e22","e23"]}]}],"financialAssessments":[{"category":"financial_strength","checks":[{"criterion":"capital_adequacy","grade":3,"rationale":"June consolidated CET1 was 10.0%, and the subsequent 10-Q reports ratios above well-capitalized standards. The disclosed SCB was 2.5%, with year-end buffer compliance established. Capital is supported, but declining CET1 and missing detailed 2026 stress results limit resilience conclusions; no new headroom is inferred.","evidenceIds":["e24","e25","e26","e43","e36"]},{"criterion":"liquidity_funding","grade":2,"rationale":"June deposits were $222.5 billion, 69% insured and 18% noninterest-bearing. Wholesale funding rose to $27.6 billion, while deposit pricing pressure increased. Marketable securities provide another source, but quantified immediately available liquidity and depositor concentration are missing.","evidenceIds":["e27","e28","e29","e10"]},{"criterion":"asset_liability_risk","grade":2,"rationale":"Q2 annualized charge-offs of 0.25% and ACL coverage of 1.78% coexist with a 0.85% NPA ratio and substantial newly formed NPAs. Deterioration is not solely acquired. Funding costs and loan yields show rate exposure, but complete sensitivity results are absent.","evidenceIds":["e30","e31","e10"]},{"criterion":"earnings_resilience","grade":2,"rationale":"Positive earnings across the displayed five quarters and higher first-half attributable earnings demonstrate earning capacity through integration costs. Lower first-half returns, weaker efficiency and September pricing pressure temper resilience; a severe downturn is not demonstrated.","evidenceIds":["e32","e33","e34","e13","e6"]}]},{"category":"capital_allocation","checks":[{"criterion":"capital_efficiency","grade":2,"rationale":"Q2 return on average common equity was 9.3%; first-half common-equity return fell to 8.3% from 11.1%. Tangible-equity returns exclude substantial intangibles and are considered separately. Profitable deployment is evident, but acquisition-adjusted returns do not establish superior capital efficiency.","evidenceIds":["e32","e34"]},{"criterion":"distributions_and_buffers","grade":2,"rationale":"Actual first-half repurchases of $309 million and common dividends declared of $0.31 per share accompany $1.168 billion of earnings applicable to common shares. Capital remained above well-capitalized standards, but CET1 declined partly because of repurchases. Future authorizations are not counted as completed distributions.","evidenceIds":["e35","e33","e34","e25","e36"]},{"criterion":"dilution_and_cost","grade":1,"rationale":"Common shares outstanding rose from 1.568 billion at year-end to 2.020 billion in June despite repurchases. First-half diluted average shares increased substantially and reported returns fell; annual share-based compensation adds cost. Acquisition assets accompany issuance, so this is fragile per-share economics rather than a claim that all issuance destroyed value.","evidenceIds":["e37","e34","e35","e38","e39"]},{"criterion":"investment_discipline","grade":2,"rationale":"Organic relationship and fee growth, reported delivered synergies and deliberate higher-cost deposit runoff support productive investment. First-half acquisition expenses of $415 million, lower tangible book value per share versus year-end and revised expectations leave full acquisition returns unproven.","evidenceIds":["e1","e2","e9","e40","e13","e39","e6"]}]}],"qualityPolicy":"quality-scores-2","sourcePolicy":"issuer-evidence-4","financialAssessmentPolicy":"financial-industry-1","financialSector":"bank","basisHash":"09ba196eca89c87a22e42064be81613eb50ad3a9b878db651a0c529050e78c22","updatedAt":"2026-10-18T20:55:17.402Z","sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000015/hban-20251231.htm","publishedAt":"2026-02-13","sha256":"ef495e0027503e0f1ebae2722a139e09cd84d4612d392972765ec7102ef752a9","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000066/hban-20260630.htm","publishedAt":"2026-07-28","sha256":"90378e2aa3c01efa0ede59ad4c204065c0c77b55078244b1e5f5cdc13d1063cb","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/49196/000119312526103196/hban-20260312.htm","publishedAt":"2026-03-12","sha256":"cb95cd6fe45a4efc6744d7ac717d2bbc05f48fdae432c44e051b0cf7c1cca1ab","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919625000020/hban-20241231.htm","publishedAt":"2025-02-14","sha256":"d0339840c108e41715e206d07501f0d21565768336bb60f41c70f92784a8c327","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919624000020/hban-20231231.htm","publishedAt":"2024-02-16","sha256":"9b3767c1147e68df24460632623534ca2ac056eca06e6312756cf6159aaa2613","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000043/hban-20260331.htm","publishedAt":"2026-04-30","sha256":"8501aebf1c743f2a068335f72c796a95c3faa9de5fa905cb7b90878c621b58c1","dateKind":"filed"},{"id":"filing-7","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000077/hbanbarxpresentation_vf.htm","publishedAt":"2026-09-16","sha256":"eb84dfe5490fe5f9e331400de2ec3a157523746c13a3cf1e15d9aed2a932e619","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-8","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000060/hban20260630_8kex991.htm","publishedAt":"2026-07-23","sha256":"4f01003fba78c26f071313b5919f38b60fbbb3e2224a669fa4c586b7e33e335f","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-9","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000060/hban20260630_8kex992.htm","publishedAt":"2026-07-23","sha256":"44838b13bd7d562554cee2d8da711a89ca3d64bc7c0a5da91e4201e4ad80072c","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-10","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000050/hbanmspresentation.htm","publishedAt":"2026-06-08","sha256":"d8b1263fc5182b893781edb2590ce491f246e856c25be478ec4279bc7fcdf902","dateKind":"filed","citationPolicy":"numeric-lines-1"}],"model":"gpt-6.1-sol","providerId":"codex:c00030f3c6ead26e9939f99fb18a12482d73e6a1f07fae81f42e47e6e51076e4","usage":{"input_tokens":180778,"cached_input_tokens":0,"cache_write_input_tokens":0,"output_tokens":4317,"reasoning_output_tokens":258}},"signals":[{"period":"2021","end":"2021-12-31","values":{"gross_margin":null,"operating_margin":null,"roic":null,"fcf_margin":163.07277628032344,"sbc_revenue":11.590296495956872},"issues":{"ev_sales":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","ev_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","gross_margin":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","operating_margin":"Operating income is unavailable in the extracted statements for this period.","ebitda_margin":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roce":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roiic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic_wacc":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","cash":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","interest_coverage":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","current_ratio":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2022","end":"2022-12-31","values":{"gross_margin":null,"operating_margin":null,"roic":null,"fcf_margin":289.3019726858877,"sbc_revenue":7.966616084977238},"issues":{"ev_sales":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","ev_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","gross_margin":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","operating_margin":"Operating income is unavailable in the extracted statements for this period.","ebitda_margin":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roce":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roiic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic_wacc":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","cash":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","interest_coverage":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","current_ratio":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2023","end":"2023-12-31","values":{"gross_margin":null,"operating_margin":null,"roic":null,"fcf_margin":179.78571428571428,"sbc_revenue":6.928571428571429},"issues":{"peg":"TTM earnings per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","pfcf_growth":"TTM FCF per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","ev_sales":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","ev_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","gross_margin":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","operating_margin":"Operating income is unavailable in the extracted statements for this period.","ebitda_margin":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roce":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roiic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic_wacc":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","cash":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","interest_coverage":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","current_ratio":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2024","end":"2024-12-31","values":{"gross_margin":null,"operating_margin":null,"roic":null,"fcf_margin":113.89645776566756,"sbc_revenue":7.220708446866484},"issues":{"peg":"TTM earnings per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","pfcf_growth":"TTM FCF per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","ev_sales":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","ev_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","gross_margin":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","operating_margin":"Operating income is unavailable in the extracted statements for this period.","ebitda_margin":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roce":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roiic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic_wacc":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","cash":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","interest_coverage":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","current_ratio":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","buybacks":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2025","end":"2025-12-31","values":{"gross_margin":null,"operating_margin":null,"roic":null,"fcf_margin":141.80537772087067,"sbc_revenue":7.2343149807938545},"issues":{"ev_sales":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","ev_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","gross_margin":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","operating_margin":"Operating income is unavailable in the extracted statements for this period.","ebitda_margin":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roce":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roiic":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","roic_wacc":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","cash":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt":"Cash and cash equivalents is unavailable in the extracted statements for this period.","net_debt_ebitda":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","interest_coverage":"Not applicable to banks and insurers: these ratios use an industrial-company capital model.","current_ratio":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","buybacks":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}}],"sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000015/hban-20251231.htm","publishedAt":"2026-02-13","sha256":"ef495e0027503e0f1ebae2722a139e09cd84d4612d392972765ec7102ef752a9","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000066/hban-20260630.htm","publishedAt":"2026-07-28","sha256":"90378e2aa3c01efa0ede59ad4c204065c0c77b55078244b1e5f5cdc13d1063cb","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/49196/000119312526103196/hban-20260312.htm","publishedAt":"2026-03-12","sha256":"cb95cd6fe45a4efc6744d7ac717d2bbc05f48fdae432c44e051b0cf7c1cca1ab","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919625000020/hban-20241231.htm","publishedAt":"2025-02-14","sha256":"d0339840c108e41715e206d07501f0d21565768336bb60f41c70f92784a8c327","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919624000020/hban-20231231.htm","publishedAt":"2024-02-16","sha256":"9b3767c1147e68df24460632623534ca2ac056eca06e6312756cf6159aaa2613","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000043/hban-20260331.htm","publishedAt":"2026-04-30","sha256":"8501aebf1c743f2a068335f72c796a95c3faa9de5fa905cb7b90878c621b58c1","dateKind":"filed"},{"id":"filing-7","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000077/hbanbarxpresentation_vf.htm","publishedAt":"2026-09-16","sha256":"eb84dfe5490fe5f9e331400de2ec3a157523746c13a3cf1e15d9aed2a932e619","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-8","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000060/hban20260630_8kex991.htm","publishedAt":"2026-07-23","sha256":"4f01003fba78c26f071313b5919f38b60fbbb3e2224a669fa4c586b7e33e335f","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-9","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000060/hban20260630_8kex992.htm","publishedAt":"2026-07-23","sha256":"44838b13bd7d562554cee2d8da711a89ca3d64bc7c0a5da91e4201e4ad80072c","dateKind":"filed","citationPolicy":"numeric-lines-1"},{"id":"filing-10","url":"https://www.sec.gov/Archives/edgar/data/49196/000004919626000050/hbanmspresentation.htm","publishedAt":"2026-06-08","sha256":"d8b1263fc5182b893781edb2590ce491f246e856c25be478ec4279bc7fcdf902","dateKind":"filed","citationPolicy":"numeric-lines-1"}],"history":[{"version":7,"updatedAt":"2026-10-23T04:54:06.764Z","verdict":"none","value":null},{"version":6,"updatedAt":"2026-10-22T15:19:11.731Z","verdict":"none","value":null},{"version":5,"updatedAt":"2026-10-19T13:57:15.039Z","verdict":"none","value":null},{"version":4,"updatedAt":"2026-10-18T16:49:32.080Z","verdict":"none","value":null},{"version":3,"updatedAt":"2026-10-18T16:35:43.872Z","verdict":"none","value":null},{"version":2,"updatedAt":"2026-10-18T02:27:49.793Z","verdict":"uncertain","value":null},{"version":1,"updatedAt":"2026-10-18T02:18:02.026Z","verdict":null,"value":null}],"hasRequested":false,"requestStatus":"queued","researchIssue":null,"archivedMoat":null,"scope":"supported_catalog"}