Financial Performance - Net interest income for Q4 2025 was $1,592 million, a 6% increase compared to Q3 2025 and a 14% increase compared to Q4 2024[10] - Net income attributable to Huntington for Q4 2025 was $519 million, a decrease of 17% from Q4 2024[10] - Net income per common share - diluted for the year 2025 was $1.39, a 14% increase from $1.22 in 2024[11] - Total revenue for Q4 2025 was $2,191 million, up from $2,151 million in Q3 2025[24] - Net income applicable to common shares for the quarter was $476 million, down from $602 million in the previous quarter[41] - Net income attributable to Huntington increased by 14% to $2,211 million in 2025, up from $1,940 million in 2024[50] Asset and Deposit Growth - Total assets increased by 10% to $225,106 million from $204,230 million[14] - Average total deposits rose by 5% to $173,156 million in Q4 2025 compared to Q4 2024[10] - Total deposits grew by 9% to $176,610 million from $162,448 million[17] - Total assets increased by 5% year-over-year to $220.230 billion from $209.727 billion[18] - Total loans and leases rose by 8% to $146.607 billion compared to $135.944 billion in the previous quarter[18] - Total interest-bearing deposits increased by 5% to $142.388 billion from $135.804 billion[18] Loan and Lease Performance - Average loans and leases increased by 8% to $146,607 million in Q4 2025 compared to Q4 2024[10] - Net loans and leases rose by 15% to $147,105 million compared to $127,798 million[14] - Commercial and industrial loans accounted for 46% of total loans at $69,442 million, up from $62,978 million[16] - Total commercial loans reached $90,378 million, representing 60% of total loans[16] - Commercial and industrial loans grew by 10% to $67.378 billion, up from $61.440 billion[18] Interest Income and Margin - The net interest margin for Q4 2025 was 3.15%, slightly up from 3.13% in Q4 2024[10] - Interest income for Q4 2025 was $2,665 million, an increase from $2,600 million in Q3 2025[24] - Net interest income on a fully-taxable equivalent basis was $1,609 million in Q4 2025, compared to $1,523 million in Q3 2025[24] - The net interest margin improved to 3.13% in 2025, compared to 3.00% in 2024[47] Credit Losses and Nonperforming Assets - Provision for credit losses in Q4 2025 was $123 million, up 1% from Q3 2025 and 15% from Q4 2024[10] - The allowance for loan and lease losses at the end of Q4 2025 was $2.537 billion, an increase from $2.374 billion in Q3 2025[28] - Total allowance for credit losses at the end of Q4 2025 was $2.743 billion, compared to $2.562 billion in Q3 2025[28] - Total nonaccrual loans and leases increased to $931 million in 2025, up from $783 million in 2024, representing a 19% increase year-over-year[57] - Nonperforming assets (NPAs) rose to $945 million at the end of 2025, compared to $822 million in 2024, marking a 15% increase[57] Equity and Capital Ratios - Total equity rose by 23% to $24,379 million compared to $19,782 million[14] - Common equity tier 1 capital reached $17,276 million, reflecting a ratio of 10.4% as of December 31, 2025, compared to 10.6% in the prior quarter[34] - The tangible common equity to tangible assets ratio improved to 7.1% at the end of Q4 2025, compared to 6.8% at the end of Q4 2024[10] - The total risk-based capital ratio was 14.2% as of December 31, 2025, compared to 14.7% in the prior quarter[34] Employee and Branch Growth - The number of domestic full-service branches increased to 1,005, up from 972 in the previous quarter[40] - The average number of employees increased to 20,924 from 20,247 in the previous quarter[40]
HUNTINGTON BANCS(HBANL) - 2025 Q4 - Annual Results