Huntington Bancshares Inc Q4 2021 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 just had a few cleanup questions on NII sensitivity. But Steve, I thought it was very interesting when a large bank kicked off earnings saying 24-Hour Grace and something you kicked off 12 years ago. My first question is for Zach. Zach, can you tell us in the 4.6% NII sensitivity what you're assuming for deposit repricing in that analysis? And what do you expect to actually happen as you think about the first few rate hikes?

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : And my follow-up question to that is yesterday, and this kind of follows up to what Ken Usdin was asking about earlier. A few regional banks were now expecting negative deposit growth. To your earlier point, Zach, the system is awash with liquidity, and a few big banks kicked off earnings season saying that deposit growth won't be negative. And a few regional banks mentioned yesterday that they expect deposit growth to be negative. And I'm wondering, Huntington has always been known for its core operational deposit base plus you added TCF. I'm wondering how you're thinking about deposit growth. You mentioned it's going to be positive this year. But as we have more maturity in the rate cycle, how do you expect deposit growth to behave on an overall basis?