2023 Fourth Quarter Investor Presentation
Auto - Strong Credit Performance Through the Cycle
Auto % of Total Loans
$11.0
$12.2 $12.5 $12.9 $12.9 $13.6 $13.4 $13.2 $13.2 $12.8 $12.7
Auto Loans and %
$8.7 $9.5
of Total Loans
(EOP)($B)
$6.7
15.6%
18.3% 18.8%
17.5%
16.4%
16.7% 17.1%
15.8%
12.1% 11.4% 11.0% 10.9% 10.6% 10.5%
Key Highlights of Credit Strength
Strong Credit Quality
Industry knowledge and focus on
rigorous customer selection drives
outperformance of NCOs
Auto loans as a percent of total
loans decreased to 10.5% as of 3Q23
Average FICO
and Custom
Score
2013 2014 2015 2016 2017 2018 2019 2020 2021 3Q22 4Q22 1Q23 2Q23 3Q23
Avg FICO
Avg Custom Score
781
777
778
775
776
772
772
764
764
765
767 766
760
395 397 396 396
409 409 410 411 411 412 413 409 412
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q23 2Q23 3Q23
HBAN
Peer Median
77
68
54
56
44
NCOs vs
Peer Group
(bps)1
30
32 36
17 20
27
14
36
18
23
24
30
27 26 26
14
-5
5
10
14
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q23 2Q23 3Q23
Deep Industry Expertise
75+ years of experience; consistent
underwriting strategy
Robust Customer Selection
Super-prime with average FICO of
778
Proprietary custom scorecard
enhances predictive modeling
Extensive Industry Knowledge with Emphasis on Super-Prime Consumers
(1) Peers: CFG, FITB, PNC, TFC, USB (Proxy peers with > $10 billion in auto loans)
2023 Fourth Quarter Investor Presentation | 47
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