v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
In conjunction with the Cadence acquisition, Huntington recorded $3.5 billion of goodwill and $855 million of
core deposit intangible assets, which is included in servicing rights and other intangible assets on the Unaudited
Consolidated Balance Sheets. For additional information on the Cadence acquisition, see Note 3 - “Business
Combinations” of the Notes to Unaudited Consolidated Financial Statements.
A rollforward of goodwill by business segment for which goodwill is allocated is presented in the table below.
(dollar amounts in millions)
Consumer &
Regional Banking
Commercial
Banking
Huntington
Consolidated
Balance, December 31, 2025
$3,855
$2,142
$5,997
Cadence acquisition (1)
2,597
900
3,497
Other activity
—
33
33
Balance, June 30, 2026
$6,452
$3,075
$9,527
(1) On February 1, 2026, Huntington completed the acquisition of Cadence. Fair value estimates related to the acquired assets and liabilities are subject to
adjustment during the one-year measurement period following the closing of the acquisition.
Huntington’s other intangible assets consisted of the following:
(dollar amounts in millions)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Value
At June 30, 2026
Core deposit intangible
$1,328
$(427)
$901
Other intangible assets
76
(62)
14
Total other intangible assets
$1,404
$(489)
$915
At December 31, 2025
Core deposit intangible
$473
$(335)
$138
Other intangible assets
66
(59)
7
Total other intangible assets
$539
$(394)
$145