Huntington(US:HBAN)2024-01-19 13:25Financial Performance & Growth - FY23 Revenue was $2.5 billion[5] and Loan growth was +2.2% YoY[7] - Deposit growth was +1.6% YoY[8] and Core Deposits grew +2.3%[10] - Adjusted ROTCE was 19.4% (GAAP ROTCE of 17.6%)[11] - Average loan balances increased by $0.4 billion, or 0.4% QoQ[24] - Average consumer balances increased $1.2 billion, or 2.3%[53] Capital & Liquidity - CET1 ratio managed higher to 10.3% (8.6% adjusted CET1)[11] - Cash and available liquidity totaled $93 billion as of December 31[93] - Peer leading available liquidity at 206% of uninsured deposits[80] Strategic Initiatives & Outlook - Management focuses on delivering earnings growth throughout 2024 and expanding further into 2025[1] - Expect acceleration of loans in 2024[76] - Expect sequential Net Interest Income dollar growth across 2024[91]