Huntington Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	10,310	7,481	6,811	4,816	3,636
Interest Income on Investments	-	2,440	2,105	1,153	555
Total Interest Income	10,310	9,921	8,916	5,969	4,191
Interest Paid on Deposits	4,319	3,572	2,497	363	45
Interest Paid on Borrowings	-	1,004	980	333	44
Total Interest Expense	4,319	4,576	3,477	696	89
Net Interest Income	5,991	5,345	5,439	5,273	4,102
Net Interest Income Growth (YoY)	12.09%	-1.73%	3.15%	28.55%	27.23%
Trust Income	409	364	328	300	269
Mortgage Banking Activities	141	130	109	144	309
Gain (Loss) on Sale of Assets	-	-	57	-	-
Gain (Loss) on Sale of Investments	-58	-39	-20	-9	1
Other Non-Interest Income	1,293	1,233	1,122	1,187	983
Total Non-Interest Income	2,175	2,022	1,908	1,972	1,881
Non-Interest Income Growth (YoY)	7.57%	5.97%	-3.25%	4.84%	18.53%
Revenues Before Loan Losses	8,166	7,367	7,347	7,245	5,983
Provision for Loan Losses	463	420	402	289	25
Revenue	7,703	6,947	6,945	6,956	5,958
Revenue Growth (YoY)	10.88%	0.03%	-0.16%	16.75%	58.33%
Salaries and Employee Benefits	2,995	2,535	2,415	2,282	2,197
Occupancy Expenses	245	171	204	291	318
Federal Deposit Insurance	65	114	302	67	51
Amortization of Goodwill & Intangibles	46	47	50	53	48
Selling, General & Administrative	1,322	1,345	1,265	1,166	1,438
Other Non-Interest Expense	342	299	325	333	315
Total Non-Interest Expense	5,015	4,511	4,561	4,192	4,367
EBT Excluding Unusual Items	2,688	2,436	2,384	2,764	1,591
Pretax Income	2,688	2,403	2,384	2,764	1,591
Income Tax Expense	459	443	413	515	294
Earnings From Continuing Operations	2,229	1,960	1,971	2,249	1,297
Minority Interest in Earnings	-18	-20	-20	-11	-2
Net Income	2,211	1,940	1,951	2,238	1,295
Preferred Dividends & Other Adjustments	124	139	134	113	142
Net Income to Common	2,087	1,801	1,817	2,125	1,153
Net Income Growth	13.97%	-0.56%	-12.82%	72.82%	58.51%
Basic Shares Outstanding	1,479	1,451	1,446	1,441	1,262
Diluted Shares Outstanding	1,505	1,476	1,468	1,465	1,287
Shares Change (YoY)	1.93%	0.57%	0.19%	13.87%	24.60%
EPS (Basic)	1.41	1.24	1.26	1.47	0.91
EPS (Diluted)	1.39	1.22	1.24	1.45	0.90
EPS Growth	13.93%	-1.61%	-14.48%	61.11%	30.44%
Dividend Per Share	0.620	0.620	0.620	0.620	0.605
Dividend Growth	-	-	-	2.48%	0.83%
Effective Tax Rate	17.08%	18.44%	17.32%	18.63%	18.48%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.