Huntington(US:HBAN)2023-07-25 04:38Financial Performance - The company's adjusted Pre-Provision Net Revenue (PPNR) increased by 93% year-over-year, driven by Net Interest Income (NII) expansion, fee growth, and controlled expenses[87] - The company reported a Return on Tangible Common Equity (ROTCE) of 199%[88] - The company's Common Equity Tier 1 (CET1) ratio was reported at 982%[315] Balance Sheet and Deposits - Average loan and lease balances increased by $74 billion, or 65% year-over-year[271] - Total deposits increased by $27 billion, or 19% compared to the linked quarter[257] - The company has leading available liquidity, with 205% as a percent of uninsured deposits[9] Asset Quality and Credit - The company's net charge-off ratio was 016%[221] - The company's Allowance for Credit Losses (ACL) as a percentage of total loans and leases was 193%[229] - The company's office portfolio represents less than 2% of total loans[102] Digital Metrics - The company has 342 million average monthly active mobile users[71] - Digital logins reached 1765 million[71] Noninterest Income and Expense - Noninterest income decreased by $17 million, or 33%[14] - Adjusted noninterest expense increased by $6 million, or 06%[16]