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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Asset and Liability Derivatives Included in Accrued Income and Other Assets
The following table presents the fair values and notional values of all derivative instruments included in the Unaudited Consolidated Balance Sheets. Amounts in the table below are presented gross without the impact of any net collateral arrangements.
At September 30, 2025At December 31, 2024
(dollar amounts in millions)Notional ValueAssetLiabilityNotional ValueAssetLiability
Derivatives designated as Hedging Instruments
Interest rate contracts$42,136 $122 $38 $45,634 $24 $— 
Foreign exchange contracts266 — 2 250 — 5 
Derivatives not designated as Hedging Instruments
Interest rate contracts47,557 261 389 42,359 456 580 
Foreign exchange contracts6,287 61 52 5,465 79 54 
Equity contracts897 32 6 823 20 2 
Commodities contracts685 23 21 683 29 27 
Credit contracts160 3 — 247 2 — 
Total contracts$97,988 $502 $508 $95,461 $610 $668 
Gains and (Losses) Recognized in Other Comprehensive Income (Loss) (OCI) for Derivatives Designated as Effective Cash Flow Hedges
The following table presents the amount of gain or loss recognized in income for derivatives not designated as hedging instruments under ASC Subtopic 815-10 in the Unaudited Consolidated Income Statement.
Location of Gain or (Loss) Recognized in Income on DerivativeAmount of Gain or (Loss) Recognized in Income on Derivative
Three Months EndedNine Months Ended
(dollar amounts in millions)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Interest rate contracts:
CustomerCapital markets and advisory fees$13 $17 $34 $28 
Mortgage bankingMortgage banking income9 28 9 5 
Foreign exchange contractsCapital markets and advisory fees13 11 37 33 
Equity contractsOther noninterest income and other noninterest expense3 (13)4 (17)
Commodities contractsCapital markets and advisory fees— 1 2 3 
Credit contractsOther noninterest income(2)(6)(6)(14)
Total$36 $38 $80 $38 
Gross Notional Values of Derivatives Used in Asset and Liability Management Activities
The following table presents the gross notional values of derivatives used in Huntington’s asset and liability management activities at September 30, 2025 and December 31, 2024, identified by the underlying interest rate-sensitive instruments.
(dollar amounts in millions)Fair Value HedgesCash Flow HedgesEconomic HedgesTotal
At September 30, 2025
Instruments associated with:
Investment securities$5,287 $— $— $5,287 
Loans— 26,250 175 26,425 
Long-term debt10,599 — — 10,599 
Total notional value$15,886 $26,250 $175 $42,311 
At December 31, 2024
Instruments associated with:
Investment securities$10,987 $— $— $10,987 
Loans— 23,300 175 23,475 
Long-term debt11,347 — — 11,347 
Total notional value$22,334 $23,300 $175 $45,809 
Increase or (Decrease) to Interest Expense for Derivatives Designated as Fair Value Hedges
The following table presents the change in fair value for derivatives designated as fair value hedges as well as the offsetting change in fair value on the hedged item.
Three Months EndedNine Months Ended
(dollar amounts in millions)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Interest rate contracts
Change in fair value of interest rate swaps hedging investment securities (1)$(40)$(295)$(302)$(263)
Change in fair value of hedged investment securities (1)38 293 299 259 
Change in fair value of interest rate swaps hedging long-term debt (2)16 301 231 142 
Change in fair value of hedged long-term debt (2)(16)(302)(231)(143)
(1)Recognized in Interest income—available-for-sale securities—taxable in the Unaudited Consolidated Statements of Income.
(2)Recognized in Interest expense—long-term debt in the Unaudited Consolidated Statements of Income.
Amounts Recorded on the Balance Sheet Related to Cumulative Basis Adjustments
The following amounts were recorded on the balance sheet related to cumulative basis adjustments for fair value hedges.
Amortized CostCumulative Amount of Fair Value Hedging Adjustment To Hedged Items
(dollar amounts in millions)At September 30, 2025At December 31, 2024At September 30, 2025At December 31, 2024
Assets
Available-for-sale securities (1)$8,478 $16,390 $(160)$(458)
Liabilities
Long-term debt (2)11,074 11,589 8 (223)
(1)Amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio that is expected to be remaining at the end of the hedging relationship.
(2)Excluded from the above table are the cumulative amount of fair value hedge adjustments remaining for long-term debt for which hedge accounting has been discontinued in the amounts of $(46) million at September 30, 2025 and $(56) million at December 31, 2024.
MSR Derivative Hedging The notional value of the derivative financial instruments, the corresponding trading assets and liabilities positions, and net trading gains (losses) related to MSR hedging activity are summarized in the following tables.
(dollar amounts in millions)At September 30, 2025At December 31, 2024
Notional value$2,350 $1,780 
Trading liabilities15 45 
Three Months EndedNine Months Ended
(dollar amounts in millions)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Trading gains (losses)$4 $26 $13 $(3)
Offsetting of Financial Assets and Derivatives Assets
The following tables present the gross amounts of these assets and liabilities with any offsets to arrive at the net amounts recognized in the Unaudited Consolidated Balance Sheets.
Offsetting of Financial Assets and Derivative Assets
Gross amounts
offset in the unaudited
consolidated
balance sheets		Net amounts of
assets
presented in
the unaudited
consolidated
balance sheets		Gross amounts not offset in the
unaudited consolidated
balance sheets
(dollar amounts in millions)Gross amounts of recognized assetsFinancial instrumentsCash collateral receivedNet amount
At September 30, 2025$502 $(291)$211 $(2)$(25)$184 
At December 31, 2024610 (344)266 (5)(35)226 
Offsetting of Financial Liabilities and Derivative Liabilities
Offsetting of Financial Liabilities and Derivative Liabilities
Gross amounts offset in the unaudited consolidated balance sheetsNet amounts of liabilities presented in the unaudited consolidated balance sheetsGross amounts not offset in the
unaudited consolidated
balance sheets
(dollar amounts in millions)Gross amounts of recognized liabilitiesFinancial instrumentsCash collateral deliveredNet amount
At September 30, 2025$508 $(163)$345 $(65)$(40)$240 
At December 31, 2024668 (90)578 (67)(316)195