Huntington Bancshares Inc Q1 2022 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : I wanted to follow up with Betsy's earlier line of questioning, Zach. I'm wondering if you could quantify the earning asset growth that you're expecting. I know you're looking forward to more deposit growth from here. But just thinking about how we should think about earning asset growth relative to that high single-digit loan growth? And also at what point in absolute rate should we start modeling in or thinking about positive total deposit growth, but perhaps negative mix shift away from noninterest-bearing deposits?

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : And my follow-up question is for Steve. Steve, you've done a good job in terms of balancing, investing into the franchise and extracting cost savings, some cost savings to fund that and delivering on the TCF cost savings. I'm wondering as we think about the revenue set up from here, we clearly got, from Zach, the second half outlook, but good performing banks are thinking about that are sort of settled in their investment cycle have been saying something like 2% to 3% expense growth is sort of a core expense growth to think about in the future taking into account inflation. Is that something that seems reasonable for your company as you look forward past the second half of '22?