Huntington Bancshares Incorporated · NASDAQ:HBAN
Huntington Bancshares — 2025 Barclays Global Financial Services Conference
21 slides from Huntington Bancshares's conference presentation, Sep 8, 2025
Slide 1: 2025 Barclays Global Financial Services Conference
(2) Huntington 2025 Barclays Global Financial Services Conference Welcome. The Huntington National Bank is Member FDIC. tf@l®, Huntington® and tf@ll Huntington. September 8, 2025 are federall arks of Huntington Bancshares Incorporated. ©2025 Huntington jorated.
Slide 2: Disclaimer
Disclaimer CAUTION REGARDING FORWARD-LOOKING STATEMENTS. The information contained or incorporated by reference in this presentation contains certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements about the benefits of the p
Slide 3: Disclaimer (continued)
Disclaimer CAUTION REGARDING FORWARD-LOOKING STATEMENTS, Cont’d All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made and are based on information available at that tim
Slide 4: Key Messages
Key Messages Delivering on organic growth strategies with sustained momentum supported by purposefully diversified customer base Driving robust profit growth reflective of expanded net interest margin, higher fee revenues, and positive operating leverage Achieving strong credit performance through d
Slide 5: Peer Leading Organic Growth While Driving Positive Operating Leverage
Peer Leading Organic Growth While Driving Positive Operating Leverage Cumulative Growth Rate of Loans (ADB) Robust 2025 Net Interest Income $1,483 may Net Interest Income (FTE) +9.8% - id Huntington $1409 $1,441 179% 2° +$2.3B $1,325 $1,364 BT aeE 3Q QTD’ Net Interest Margin (NIM) 08% Peer Median? 2
Slide 6: Our Core Generates the Majority of Our Growth
Our Core Generates the Majority of Our Growth Commercial Banking Total Loan 19% 28% Growth Since 2023” Capital Markets Commercial Revenue Growth! Payment Revenues Growth! 23% Commercial Deposit Growth? 1% Commercial Loan Growth? Consumer & Regional Banking? 5% 9% Consumer PBR® Business PBR® Growth G
Slide 7: New Initiatives Have Become a Powerful Contributor
New Initiatives Have Become a Powerful Contributor Commercial Banking 19% 28% Capital Markets Commercial Revenue Growth! Payment Revenues Growth’ 23% 1% Commercial Commercial Loan Deposit Growth? Growth? Consumer & Regional Banking? 5% 9% Consumer PBR® Business PBR® Growth Growth 17% 22% Wealth Hous
Slide 8: Enhanced Regional Banking | Going to Market as One Huntington
Enhanced Regional Banking | Going to Market as One Huntington Strategically aligned across organization Regional President Empowered through local decision-making Oriented to holistically support customer Regional Capital goals Banking Markets Corporate, | HUNTINGTON Enables acquisition and deepenin
Slide 9: Delivering National Expertise Locally to Drive Differentiation and Results
Delivering National Expertise Locally to Drive Differentiation and Results National Commercial Specialty Verticals, Expertise, and Capabilities 15 Specialty Verticals Specialty Banking Asset Finance Capital Markets Treasury Management Including: + Top 6 Franchise Lender! + #6 Equipment Finance? + #1
Slide 10: Expansion Playbook Reduces Execution Risks While Accelerating Scale
Expansion Playbook Reduces Execution Risks While Accelerating Scale Commercial Focused Launch Build Middle Market and SBA Deploy proven de novo playbook and full Huntington franchise to franchise with deep local expertise expansion regions Execute localized approach... ..Supported by additional capa
Slide 11: The Result | Sustained Core Growth, New Market Acceleration
The Result | Sustained Core Growth, New Market Acceleration Established Markets North Carolina & South Carolina Pennsylvania 3% YoY —_—— New 4+19% YoY Initiatives +150% YoY 2Q24 2Q25 2Q24 2Q25 2Q24 2Q25 TCF-Augmented Markets Texas Veritex acquisition is a springboard to accelerate organic expansion!
Slide 12: 2025 Management Focus
2025 Management Focus Drive Rigorous Execute Growth Risk Initiatives Revenue M anagement Driving value through accelerated TBV accretion and increasing long-term returns (di Huntington 2025 Barclays Conference 12
Slide 13: Appendix
Appendix (di Huntington
Slide 14: Branch openings in South Carolina
10 branches (6 in Greenville, 4 in Spartanburg) in next 30 months King Street Branch Opening in December 2025
Slide 15: Driving Capital and Tangible Book Value Higher
Driving Capital and Tangible Book Value Higher CETI Ratio 10.4% 10.4% 10.5% 10.6% 10.5% Range 9-10% ug AOCI Adj. for Targeting Cash Flow Hedges 9-10% 2024 3Q24 4Q24 1025 2Q25 Adjusted CET1 Ratio Drivers 0.4% 80% (0.2%) (0.1%) . os BS Growth 1025 Earnings Dividend / Other, net 2Q25 HD Huntington see
Slide 16: Well-Positioned to Achieve Medium-Term Targets
Well-Positioned to Achieve Medium-Term Targets 16-17%+ Positive Operating ROTCE Leverage 2027 Goal (@) Huntington 2025 Barclays Conference 16
Slide 17: Non-GAAP Reconciliation
Non-GAAP Reconciliation Common Equity Tier 1 (CET1) Common Equity Tier 1 $14,521 $14,803 $15,127 $15,269 $15,539 arnprahensia ine (asl (AG eet me aes Less: cash flow hedge (399) (39) (267) (90) (7) Adjusted Common Equity Tier 1 B $12,009 $12,738 $12,528 $12,937 $13,305 Risk Weighted Assets c $139,37
Slide 18: Non-GAAP Reconciliation
Non-GAAP Reconciliation Tangible common equity ratio, Tangible book value per share Huntington shareholders’ equity $18,788 $18,483 $19,353 $19,322 $19,515 $20,606 $19,740 $20,434 $20,928 Less: preferred stock 2,484 2,484 2,394 2,394 2,394 2,394 1,989 1,989 1,989 Common shareholders’ equity $16,304
Slide 19: Non-GAAP Reconciliation
Non-GAAP Reconciliation Adjusted Noninterest Income Total Noninterest Income (GAAP) Net (Loss) on sale of securities CRTs $491 $523 $559 $494 $471 = = (21) - (68) (9) (8) 5 (3) (5) Adjusted Noninterest Income (Non-GAAP) (di Huntington $500 $531 $580 $497 $534 2025 Barclays Conference 19
Slide 20: Non-GAAP Reconciliation
Non-GAAP Reconciliation Operating Leverage Total revenue (FTE) $7,402 $7,239 7,203 $7,438 $7,606 $7,744 YoY Growth Rate A 0.5% 51% 75% Less: Net gain / (loss) on securities and sale of Business B0 (8) (3) (21) (21) (79) Total Revenue (FTE), excluding net gain / (loss) on securities and business $7,3
Slide 21: Notes
Notes Slide 5: (1) Average second quarter to date balances as of 8/31/2025 (2) Source: S&P Global Market Intelligence and filings - Peers include CFG, CMA, FITB, KEY, MTB, PNC, RF, TFC, USB, ZION (3) Non-GAAP; excludes effect of CRTs (‘Credit Risk Transfers’) and loss on sale of securities (4) Inclu
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