HUNTINGTON BANCSHARES DEP(US:HBANM)2026-01-22 11:56Financial Performance - Net interest income for 2025 was $6,056 million, an increase of 12% compared to $5,398 million in 2024[11] - Noninterest income increased to $2,175 million, reflecting a 7% growth from $2,040 million in 2024[11] - Net income attributable to Huntington was $2,211 million, representing a 14% increase from $1,940 million in 2024[11] - Total revenue for Q4 2025 was $2,191 million, an increase from $2,151 million in Q3 2025[24] - Net income applicable to common shares was $476 million for the quarter ended December 31, 2025, down from $602 million in the previous quarter[41] Asset Growth - Total assets at the end of the period reached $225,106 million, a 7% increase from $210,228 million in the previous year[10] - Total assets increased by 10% to $225,106 million from $204,230 million[14] - Total assets increased by 5% year-over-year to $220.23 billion, up from $209.73 billion[18] - Total assets increased by 7% to $210,763 million in 2025 from $196,260 million in 2024[43] Loan and Lease Activity - Average loans and leases grew to $136,687 million, a 10% increase from $124,503 million in 2024[11] - Total loans and leases reached $149,642 million, a 9% increase from the previous quarter[16] - Total loans and leases rose by 10% to $136,687 million in 2025, up from $124,503 million in 2024[43] - Commercial and industrial loans grew by 17% to $61,468 million in 2025, compared to $52,426 million in 2024[43] Credit Losses and Allowances - Provision for credit losses rose to $463 million in 2025, up 10% from $420 million in 2024[11] - The allowance for loan and lease losses at the end of the period was $2,537 million, up from $2,244 million in 2024[54] - Total allowance for credit losses increased to $2,743 million in 2025 from $2,446 million in 2024[54] - The provision for loan and lease losses in Q4 2025 was $109 million, down from $118 million in Q3 2025[28] Nonperforming Assets - 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) reached $945 million at the end of 2025, compared to $822 million in 2024, marking a 15% increase[57] - The NPA ratio remained stable at 0.63% for both 2025 and 2024[58] - New nonperforming assets totaled $1,145 million in 2025, compared to $1,104 million in 2024, indicating a 4% increase[57] Capital and Equity - Common equity tier 1 risk-based capital ratio was 10.4% at the end of 2025, slightly down from 10.6% in 2024[10] - Total equity rose by 23% to $24,379 million compared to $19,782 million[14] - Total Huntington shareholders' equity increased to $24,342 million as of December 31, 2025, up from $22,248 million in the previous quarter[34] - 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] Efficiency and Margins - The net interest margin for 2025 was 3.13%, up from 3.00% in 2024[11] - The efficiency ratio improved to 59.9% from 60.5% in the previous year[11] - Net interest margin improved to 3.15% in Q4 2025, compared to 3.13% in Q3 2025[22] Deposits and Funding - Total deposits grew by 9% to $176,610 million from $162,448 million[17] - Demand deposits - interest bearing increased to $48,510 million, representing 27% of total deposits[17] - Total interest-bearing deposits increased by 9% to $136,283 million in 2025, compared to $125,587 million in 2024[43] 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, up from 20,247 in the previous quarter[40]