secwatch.observer — SEC 8-K summary
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Issuer:     HUNTINGTON BANCSHARES INC /MD/ (HBAN)
CIK:        0000049196
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0000049196-24-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Huntington Q4 GAAP EPS $0.15 ($0.27 adj); NIM 3.07%, loan growth, capital up
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- Net income $243M ($0.15 diluted); adjusted EPS $0.27 after excluding $0.12 from FDIC special assessment and other items.
- Net interest income $1.316B (-10% YoY); net interest margin 3.07%, down 45bp YoY as funding costs rose.
- Average total loans and leases $121.2B (+2% YoY); average core deposits $144.4B (+3% YoY).
- CET1 ratio improved 15bp to 10.25%; tangible book value per share rose to $7.79 from $7.12 in Q3.
- Credit quality remained solid: NCOs 0.31% of loans, NPA ratio 0.58%, ACL 1.97%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49196/000004919624000006/0000049196-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49196/000004919624000006/hban-20240119.htm
  HTML page:      https://secwatch.observer/filing/0000049196-24-000006

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