v3.26.1
LOANS AND LEASES
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
LOANS AND LEASES LOANS AND LEASES
The following table provides a detailed listing of Huntington’s loan and lease portfolio.
(dollar amounts in millions)
At June 30, 2026
At December 31, 2025
Commercial loan and lease portfolio:
Commercial and industrial
$91,378
$69,442
Commercial real estate
23,457
15,209
Lease financing
5,714
5,727
Total commercial loan and lease portfolio
120,549
90,378
Consumer loan portfolio:
Residential mortgage
33,221
24,777
Automobile
15,460
16,168
Home equity
11,884
10,395
RV and marine
5,706
5,682
Other consumer
2,602
2,242
Total consumer loan portfolio
68,873
59,264
Total loans and leases (1)(2)
189,422
149,642
Allowance for loan and lease losses
(3,249)
(2,537)
Net loans and leases
$186,173
$147,105
(1)Loans and leases are reported at principal amount outstanding, including unamortized purchase premiums and discounts, unearned income, and net direct
fees and costs associated with originating and acquiring loans and leases. The aggregate amount of these loan and lease adjustments was a net discount of
$1.5 billion and $815 million at June 30, 2026 and December 31, 2025, respectively.
(2)The total amount of accrued interest recorded for loans and leases at June 30, 2026 was $528 million and $298 million of commercial and consumer loan
and lease portfolios, respectively, and at December 31, 2025 was $358 million and $253 million of commercial and consumer loan and lease portfolios,
respectively. Accrued interest is presented in accrued income and other receivables within the Unaudited Consolidated Balance Sheets.
Lease Financing
The following table presents net investments in lease financing receivables by category.
(dollar amounts in millions)
At June 30, 2026
At December 31, 2025
Lease payments receivable
$5,319
$5,379
Estimated residual value of leased assets
1,034
1,011
Gross investment in lease financing receivables
6,353
6,390
Deferred origination costs
60
58
Deferred fees, unearned income, and other
(699)
(721)
Total lease financing receivables
$5,714
$5,727
The carrying value of residual values guaranteed was $418 million and $419 million as of June 30, 2026 and
December 31, 2025, respectively. The future lease rental payments due from customers on direct financing leases at
June 30, 2026 totaled $5.3 billion and were due as follows: $887 million in 2026, $1.0 billion in 2027, $976 million in
2028, $888 million in 2029, $676 million in 2030, and $862 million thereafter. Interest income recognized for these
types of leases was $101 million and $92 million for the three-month periods ended June 30, 2026 and 2025,
respectively. For the six-month periods ended June 30, 2026 and 2025, interest income recognized for these types of
leases was $200 million and $181 million, respectively.
Nonaccrual and Past Due Loans and Leases
The following table presents NALs by loan class.
At June 30, 2026
At December 31, 2025
(dollar amounts in millions)
Nonaccrual loans and
leases with no ACL
Total nonaccrual
loans and leases
Nonaccrual loans and
leases with no ACL
Total nonaccrual
loans and leases
Commercial and industrial
$196
$986
$76
$562
Commercial real estate
27
243
81
133
Lease financing
2
8
4
8
Residential mortgage
4
223
5
107
Automobile
—
7
—
6
Home equity
—
120
—
113
RV and marine
—
2
—
2
Total nonaccrual loans and leases
$229
$1,589
$166
$931
The following table presents an aging analysis of loans and leases, by loan class.
Past Due (1)
Loans
Accounted
for Under
FVO
Total Loans
and Leases
90 or
more days
past due
and accruing
(dollar amounts in millions)
30-59
Days
60-89
 Days
90 or 
more days
Total
Current
At June 30, 2026
Commercial and industrial
$257
$99
$623
$979
$90,399
$—
$91,378
$2
(2)
Commercial real estate
123
22
167
312
23,145
—
23,457
—
Lease financing
31
9
8
48
5,666
—
5,714
6
Residential mortgage
454
156
559
1,169
31,888
164
33,221
391
(3)
Automobile
124
34
16
174
15,286
—
15,460
12
Home equity
92
42
106
240
11,644
—
11,884
24
RV and marine
20
10
4
34
5,672
—
5,706
3
Other consumer
22
9
5
36
2,566
—
2,602
5
Total loans and leases
$1,123
$381
$1,488
$2,992
$186,266
$164
$189,422
$443
At December 31, 2025
Commercial and industrial
$144
$78
$332
$554
$68,888
$—
$69,442
$1
(2)
Commercial real estate
31
2
101
134
15,075
—
15,209
—
Lease financing
30
32
10
72
5,655
—
5,727
9
Residential mortgage
239
100
305
644
23,966
167
24,777
232
(3)
Automobile
132
33
18
183
15,985
—
16,168
14
Home equity
60
30
89
179
10,216
—
10,395
16
RV and marine
25
10
5
40
5,642
—
5,682
4
Other consumer
18
6
7
31
2,211
—
2,242
6
Total loans and leases
$679
$291
$867
$1,837
$147,638
$167
$149,642
$282
(1)NALs are included in this aging analysis based on the loan’s past due status.
(2)Amounts include SBA loans and leases.
(3)Amounts include mortgage loans insured by U.S. government agencies.
Credit Quality Indicators
Huntington assesses the risk in the loan portfolio by utilizing numerous risk characteristics. See Note 5 - “Loans
and Leases” to the Consolidated Financial Statements appearing in Huntington’s 2025 Annual Report on Form 10-K
for a description of the credit quality indicators Huntington utilizes for monitoring credit quality and for determining
an appropriate ACL level.
The following tables present the amortized cost basis of loans and leases by vintage and internally defined credit
quality indicator.
At June 30, 2026
Term Loans Amortized Cost Basis by Origination Year
Revolver
Total at
Amortized
Cost Basis
Revolver
Total
Converted to
Term Loans
(dollar amounts in millions)
2026
2025
2024
2023
2022
Prior
Total
Commercial and industrial
Credit Quality Indicator:
Pass
$14,429
$17,461
$9,093
$5,246
$4,815
$5,585
$30,359
$12
$87,000
OLEM
120
207
142
86
69
66
303
—
993
Substandard
395
481
606
434
332
381
756
—
3,385
Total Commercial and industrial
$14,944
$18,149
$9,841
$5,766
$5,216
$6,032
$31,418
$12
$91,378
Commercial real estate
Credit Quality Indicator:
Pass
$2,516
$5,939
$2,859
$1,296
$2,834
$4,317
$1,242
$—
$21,003
OLEM
189
177
60
39
279
178
1
—
923
Substandard
290
268
113
141
358
356
5
—
1,531
Total Commercial real estate
$2,995
$6,384
$3,032
$1,476
$3,471
$4,851
$1,248
$—
$23,457
Lease financing
Credit Quality Indicator:
Pass
$805
$1,900
$1,398
$940
$266
$369
$—
$—
$5,678
OLEM
—
—
2
—
—
—
—
—
2
Substandard
—
2
6
7
5
14
—
—
34
Total Lease financing
$805
$1,902
$1,406
$947
$271
$383
$—
$—
$5,714
Residential mortgage
Credit Quality Indicator:
750+
$1,499
$2,818
$2,350
$2,518
$4,291
$11,405
$21
$—
$24,902
650-749
580
1,007
759
669
1,147
2,609
—
—
6,771
<650
31
110
124
110
178
831
—
—
1,384
Total Residential mortgage
$2,110
$3,935
$3,233
$3,297
$5,616
$14,845
$21
$—
$33,057
Automobile
Credit Quality Indicator:
750+
$1,689
$3,175
$2,156
$781
$522
$283
$—
$—
$8,606
650-749
1,020
2,355
1,185
395
251
137
—
—
5,343
<650
134
581
379
180
137
100
—
—
1,511
Total Automobile
$2,843
$6,111
$3,720
$1,356
$910
$520
$—
$—
$15,460
Home equity
Credit Quality Indicator:
750+
$78
$195
$159
$236
$321
$867
$5,838
$234
$7,928
650-749
24
49
45
61
52
138
2,655
209
3,233
<650
—
2
8
14
12
44
498
145
723
Total Home equity
$102
$246
$212
$311
$385
$1,049
$8,991
$588
$11,884
RV and marine
Credit Quality Indicator:
750+
$547
$609
$632
$620
$603
$1,320
$—
$—
$4,331
650-749
120
166
173
191
152
378
—
—
1,180
<650
1
8
22
33
29
102
—
—
195
Total RV and marine
$668
$783
$827
$844
$784
$1,800
$—
$—
$5,706
Other consumer
Credit Quality Indicator:
750+
$249
$303
$149
$46
$22
$62
$676
$2
$1,509
650-749
103
159
74
25
8
15
539
10
933
<650
6
23
17
8
5
6
78
17
160
Total Other consumer
$358
$485
$240
$79
$35
$83
$1,293
$29
$2,602
At December 31, 2025
Term Loans Amortized Cost Basis by Origination Year
Revolver
Total at
Amortized
Cost Basis
Revolver
Total
Converted to
Term Loans
(dollar amounts in millions)
2025
2024
2023
2022
2021
Prior
Total
Commercial and industrial
Credit Quality Indicator:
Pass
$19,465
$8,750
$4,561
$4,189
$1,601
$2,181
$25,228
$7
$65,982
OLEM
222
226
92
106
14
17
272
—
949
Substandard
513
406
326
285
137
127
717
—
2,511
Total Commercial and industrial
$20,200
$9,382
$4,979
$4,580
$1,752
$2,325
$26,217
$7
$69,442
Commercial real estate
Credit Quality Indicator:
Pass
$3,257
$1,813
$761
$2,491
$1,358
$2,429
$876
$—
$12,985
OLEM
58
47
89
398
275
108
—
—
975
Substandard
178
87
125
366
197
289
7
—
1,249
Total Commercial real estate
$3,493
$1,947
$975
$3,255
$1,830
$2,826
$883
$—
$15,209
Lease financing
Credit Quality Indicator:
Pass
$1,854
$1,506
$1,091
$547
$356
$303
$—
$—
$5,657
OLEM
—
7
10
2
3
9
—
—
31
Substandard
3
6
11
13
2
4
—
—
39
Total Lease financing
$1,857
$1,519
$1,112
$562
$361
$316
$—
$—
$5,727
Residential mortgage
Credit Quality Indicator:
750+
$1,515
$1,785
$2,028
$3,755
$5,331
$5,006
$—
$—
$19,420
650-749
638
441
397
638
727
1,076
—
—
3,917
<650
88
113
100
165
155
652
—
—
1,273
Total Residential mortgage
$2,241
$2,339
$2,525
$4,558
$6,213
$6,734
$—
$—
$24,610
Automobile
Credit Quality Indicator:
750+
$4,019
$2,692
$1,036
$754
$424
$107
$—
$—
$9,032
650-749
2,879
1,576
544
369
199
53
—
—
5,620
<650
523
428
217
184
123
41
—
—
1,516
Total Automobile
$7,421
$4,696
$1,797
$1,307
$746
$201
$—
$—
$16,168
Home equity
Credit Quality Indicator:
750+
$185
$164
$249
$321
$376
$542
$4,909
$228
$6,974
650-749
56
51
72
62
43
102
2,100
217
2,703
<650
3
8
14
29
7
41
474
142
718
Total Home equity
$244
$223
$335
$412
$426
$685
$7,483
$587
$10,395
RV and marine
Credit Quality Indicator:
750+
$709
$716
$709
$676
$586
$914
$—
$—
$4,310
650-749
172
204
209
164
164
264
—
—
1,177
<650
5
19
32
29
37
73
—
—
195
Total RV and marine
$886
$939
$950
$869
$787
$1,251
$—
$—
$5,682
Other consumer
Credit Quality Indicator:
750+
$388
$176
$52
$25
$11
$45
$619
$9
$1,325
650-749
172
87
29
9
3
10
485
4
799
<650
14
15
8
4
1
2
66
8
118
Total Other consumer
$574
$278
$89
$38
$15
$57
$1,170
$21
$2,242
The following tables present the gross charge-offs of loans and leases by vintage.
Term Loans Gross Charge-offs by Origination Year
Revolver
Gross
Charge-offs
Revolver
Converted
to Term
Loans
Gross
Charge-offs
(dollar amounts in millions)
2026
2025
2024
2023
2022
Prior
Total
Three months ended June 30, 2026
Commercial and industrial
$3
$6
$7
$10
$9
$36
$37
$1
$109
Commercial real estate
—
—
—
1
3
1
1
—
6
Lease financing
—
—
—
—
1
—
—
—
1
Residential mortgage
—
1
1
—
1
—
—
—
3
Automobile
—
10
6
3
2
1
—
—
22
Home equity
—
—
—
—
—
—
1
2
3
RV and marine
—
1
1
2
2
4
—
—
10
Other consumer
5
8
4
2
2
4
—
12
37
Total
$8
$26
$19
$18
$20
$46
$39
$15
$191
Six months ended June 30, 2026
Commercial and industrial
$4
$18
$13
$17
$11
$85
$52
$1
$201
Commercial real estate
—
—
—
1
4
5
1
—
11
Lease financing
—
—
—
—
1
1
—
—
2
Residential mortgage
—
1
1
—
1
1
—
—
4
Automobile
—
19
12
7
5
4
—
—
47
Home equity
—
—
—
—
—
—
1
3
4
RV and marine
—
1
2
4
3
9
—
—
19
Other consumer
6
17
10
5
3
8
2
25
76
Total
$10
$56
$38
$34
$28
$113
$56
$29
$364
Term Loans Gross Charge-offs by Origination Year
Revolver
Gross
Charge-offs
Revolver
Converted
to Term
Loans Gross
Charge-offs
(dollar amounts in millions)
2025
2024
2023
2022
2021
Prior
Total
Three months ended June 30, 2025
Commercial and industrial
$2
$5
$16
$10
$2
$4
$9
$1
$49
Commercial real estate
2
—
—
—
—
—
1
—
3
Lease financing
—
—
—
1
1
2
—
—
4
Residential mortgage
—
—
—
—
—
1
—
—
1
Automobile
—
5
4
3
3
1
—
—
16
Home equity
—
—
—
—
—
—
—
1
1
RV and marine
—
1
2
2
1
3
—
—
9
Other consumer
3
5
4
2
1
3
—
10
28
Total
$7
$16
$26
$18
$8
$14
$10
$12
$111
Six months ended June 30, 2025
Commercial and industrial
$2
$11
$24
$43
$5
$13
$18
$2
$118
Commercial real estate
2
—
—
—
1
—
1
—
4
Lease financing
—
1
1
3
1
2
—
—
8
Residential mortgage
—
—
—
—
—
2
—
—
2
Automobile
—
10
9
9
6
2
—
—
36
Home equity
—
—
—
—
—
—
1
2
3
RV and marine
—
1
4
3
3
7
—
—
18
Other consumer
4
11
9
4
2
6
—
19
55
Total
$8
$34
$47
$62
$18
$32
$20
$23
$244
Modifications to Debtors Experiencing Financial Difficulty
See Note 5 - “Loans and Leases” to the Consolidated Financial Statements appearing in Huntington’s 2025
Annual Report on Form 10-K for a description of reported modification types and the impact on credit quality of
borrowers experiencing financial difficulty.
The following table summarizes the amortized cost basis of loans modified during the reporting period to
borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of modification.
Amortized Cost
(dollar amounts in millions)
Interest rate
reduction
Term
extension
Payment
deferral
Combo - interest
rate reduction and
term extension
Total
% of total
loan class
(1)
Three months ended June 30, 2026
Commercial and industrial
$42
$152
$—
$35
$229
0.25%
Commercial real estate
6
259
—
2
267
1.14
Residential mortgage
—
19
4
3
26
0.08
Automobile
—
4
—
—
4
0.03
Home equity
—
2
—
2
4
0.03
Other consumer
1
—
—
—
1
0.04
Total loans to borrowers experiencing financial
difficulty to which modifications were made
$49
$436
$4
$42
$531
0.28%
Three months ended June 30, 2025
Commercial and industrial
$44
$158
$—
$1
$203
0.33%
Commercial real estate
—
69
—
—
69
0.64
Residential mortgage
—
12
3
2
17
0.07
Automobile
—
1
—
—
1
0.01
Home equity
—
2
—
2
4
0.04
Total loans to borrowers experiencing financial
difficulty to which modifications were made
$44
$242
$3
$5
$294
0.22%
Six months ended June 30, 2026
Commercial and industrial
$67
$212
$—
$90
$369
0.40%
Commercial real estate
6
299
—
2
307
1.31
Residential mortgage
—
23
5
3
31
0.09
Automobile
—
7
—
1
8
0.05
Home equity
—
4
—
3
7
0.06
Other consumer
1
—
—
—
1
0.04
Total loans to borrowers experiencing financial
difficulty in which modifications were made
$74
$545
$5
$99
$723
0.38%
Six months ended June 30, 2025
Commercial and industrial
$91
$289
$—
$5
$385
0.63%
Commercial real estate
—
140
—
—
140
1.31
Residential mortgage
—
24
11
3
38
0.15
Automobile
—
3
—
—
3
0.02
Home equity
—
4
—
4
8
0.08
Other consumer
1
—
—
—
1
0.05
Total loans to borrowers experiencing financial
difficulty in which modifications were made
$92
$460
$11
$12
$575
0.43%
(1)Represents the amortized cost of loans modified during the reporting period as a percentage of the period-end loan balance by class.
The following table summarizes the weighted-average financial effects of loan modifications made to borrowers
experiencing financial difficulty.
Interest Rate Reduction (1)
Term Extension (1)
Weighted-average contractual
interest rate
Weighted-average
years added to the
life
From
To
Three months ended June 30, 2026
Commercial and industrial
8.06%
7.00%
0.8
Commercial real estate
0.9
Residential mortgage
7.1
Three months ended June 30, 2025
Commercial and industrial
8.80%
6.38%
0.6
Commercial real estate
0.8
Residential mortgage
7.1
Six months ended June 30, 2026
Commercial and industrial
9.31%
7.14%
0.9
Commercial real estate
0.9
Residential mortgage
7.2
Six months ended June 30, 2025
Commercial and industrial
8.32%
7.00%
0.9
Commercial real estate
1.0
Residential mortgage
6.5
(1) Certain disclosures related to financial effects of modifications do not include those deemed to be immaterial.
The performance of loans made to borrowers experiencing financial difficulty to which modifications were made
is closely monitored to understand the effectiveness of modification efforts. Loans are considered to be in payment
default at 90 or more days past due. The following table depicts the performance of loans that have been modified
during the identified period.
Past Due
(dollar amounts in millions)
30-59
Days
60-89
 Days
90 or 
more days
Total
Current
Total
At June 30, 2026
Commercial and industrial
$8
$39
$15
$62
$394
$456
Commercial real estate
7
2
34
43
319
362
Residential mortgage
7
5
10
22
25
47
Automobile
2
—
—
2
11
13
Home equity
1
1
3
5
10
15
RV and marine
—
—
—
—
1
1
Other consumer
—
—
—
—
1
1
Total loans to borrowers experiencing financial difficulty to
which modifications were made in the twelve months ended
June 30, 2026
$25
$47
$62
$134
$761
$895
At June 30, 2025
Commercial and industrial
$2
$1
$5
$8
$534
$542
Commercial real estate
—
—
23
23
211
234
Residential mortgage
11
6
17
34
35
69
Automobile
1
—
—
1
7
8
Home equity
1
1
1
3
12
15
RV and marine
—
—
—
—
1
1
Other consumer
—
—
—
—
2
2
Total loans to borrowers experiencing financial difficulty to
which modifications were made in the twelve months ended
June 30, 2025
$15
$8
$46
$69
$802
$871
Pledged Loans
The Bank has access to secured borrowings from the Federal Reserve’s discount window and advances from the
FHLB. As of June 30, 2026 and December 31, 2025, loans and leases totaling $143.9 billion and $114.2 billion,
respectively, were pledged to the FRB and FHLB for access to these contingent funding sources.