v3.26.1
BORROWINGS (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Short-term Debt Borrowings with original maturities of one year or less are classified as short-term and were comprised of the
following.
(dollar amounts in millions)
At June 30, 2026
At December 31, 2025
Securities sold under agreements to repurchase
$—
$22
FHLB advances
2,700
1,000
Other borrowings
411
239
Total short-term borrowings
$3,111
$1,261
Schedule of Long-term Debt Instruments The following table summarizes the composition of Huntington’s long-term debt.
(dollar amounts in millions)
At June 30, 2026
At December 31, 2025
The Parent Company:
Senior Notes
$6,407
$5,514
Subordinated Notes
2,085
1,510
Total notes issued by the Parent Company
8,492
7,024
The Bank:
Senior Notes
3,174
3,192
Subordinated Notes
236
233
Total notes issued by the Bank
3,410
3,425
FHLB Advances
4,653
4,514
Credit linked notes (1)
1,250
1,161
Auto loan securitization trust (2)
428
600
Other
505
497
Total long-term debt
$18,738
$17,221
(1)As of June 30, 2026, the weighted average contractual interest rate on the CLNs was 5.53%. Huntington has elected the fair value option for these notes.
To the extent losses exceed certain thresholds, the principal and interest payable on the notes may be reduced by a portion of the Company's aggregate
net losses on the reference pool of loans, with losses allocated to note classes in reverse order of payment priority.
(2)Represents secured borrowings collateralized by auto loans with a weighted average rate of 5.21% due through 2029. See Note 16 - “Variable Interest
Entities” for additional information.