HUNTINGTON BANCSHARES INC MD
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
HBANL$24.78+0.0%Stored close · as of Nov 9, 2026
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Premises and Equipment
- PREMISES AND EQUIPMENT
Premises and equipment were comprised of the following:
| At December 31, | ||
|---|---|---|
| (dollar amounts in millions) | 2023 | 2022 |
| Land and land improvements | $343 | $337 |
| Buildings | 789 | 776 |
| Leasehold improvements | 262 | 269 |
| Equipment | 899 | 896 |
| Total premises and equipment | 2,293 | 2,278 |
| Less accumulated depreciation and amortization | (1,184) | (1,122) |
| Net premises and equipment | $1,109 | $1,156 |
Depreciation and amortization charged to expense was as follows:
| Year Ended December 31, | |||
|---|---|---|---|
| (dollar amounts in millions) | 2023 | 2022 | 2021 |
| Total depreciation and amortization of premises and equipment | $167 | $182 | $178 |
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